FDIC Certificate #: 18924 Status: Active Federal Reserve ID: 116554 Bank Holding Company (Regulatory Top Holder): Elmore City Bancshares, Inc. (RSSDID: 1067569, Location: Elmore City, OK) Date Established: January 01, 1903 Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 12771 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: October 24, 1963 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 206 S Main St, Elmore City, OK 73433 County: Garvin Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Oklahoma City Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $8.6 mil Equity capital: $0.6 mil Deposits held in domestic offices: $8.0 mil Return on assets (ROA): -1.05% (-$0.1 mil) Quarterly return on assets: -0.94% (-$0.1 mil) Return on Equity (ROE): -14.05% (-$0.1 mil) Quarterly return on equity: -13.72% (-$0.1 mil) Net income: -$0.1 mil Quarterly Net income: -$0.0 mil Pretax return on assets: -1.05% (-$90.3 mil) Quarterly Pretax return on assets: -0.94% (-$80.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
5Total employees (full-time equivalent)
$8,603Total assets
$1,678Cash and due from depository institutions
$1,103Interest-bearing balances
$2,065Securities
$1,212Federal funds sold & reverse repurchase agreements
$3,446Net loans & leases
$56Loan loss allowance
$0Trading account assets
$60Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$8,603Life insurance assets
$142All other assets
$8,033Total liabilities and capital
$7,987Total liabilities
$2,456Total deposits
$7,987Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$46Subordinated debt
$570All other liabilities
$570Total equity capital
$570Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$100Surplus
$370Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$33Long-term assets (5+ years)
$7,826Average Assets, year-to-date
$1,111Average Assets, quarterly
$8,192Volatile liabilities
$8,486Insider loans
$3,726FHLB advances
$8,406Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$551Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$81Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$298Total interest income
$12Total interest expense
$286Net interest income
$0Provision for loan and lease losses
$81Total noninterest income
$0Fiduciary activities
$47Service charges on deposit accounts
$0Trading account gains & fees
$34Additional noninterest income
$453Total noninterest expense
$200Salaries and employee benefits
$64Premises and equipment expense
$189Additional noninterest expense
-$86Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$86Income before extraordinary items
$0Extraordinary gains - net
-$86Net income attributable to bank
$0Net charge-offs
-$86Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.94%Yield on earning assets
0.16%Cost of funding earning assets
3.78%Net interest margin
1.07%Noninterest income to earning assets
5.98%Noninterest expense to earning assets
-1.05%Net operating income to assets
-1.05%Return on assets (ROA)
-1.05%Pretax return on assets
-14.05%Return on equity (ROE)
-14.05%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
123,433Assets per employee
1.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.60%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
43.15%Net loans and leases to core deposits
43.15%Equity capital to assets
6.63%Core capital (leverage) ratio
6.55%Tier 1 risk-based capital ratio
14.79%Total risk-based capital ratio
Memoranda
$16Average assets
$8,192Average earning assets
$612Average equity
$7,569Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
12771
First State Bank
206 S Main St, Elmore City, OK 73433
January 01, 1903
Full Service Brick and Mortar
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