First State Bank in Commerce, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches


First State Bank - Overview

  • General
  • FDIC Certificate #: 6007
    Status: Active
    Federal Reserve ID: 702050
    Bank Holding Company (Regulatory Top Holder): First Picher Bancshares, Inc. (RSSDID: 1061884, Location: Commerce, OK)
    Date Established: June 01, 1918
    WWW: http://www.fsbcommerce.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 9799
    FDIC's unique #: 4069
    Numeric code: 13
    Regulator: FED
    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: January 01, 1934
    Last Structure Change Effective Date: July 01, 2009
    Last Structure Change Process Date: March 04, 2010
    Last Data Update: March 04, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 N Mickey Mantle Blvd, Commerce, OK 74339
    County: Ottawa
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Tulsa
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Miami, OK (#33060)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $12.4 mil
    Equity capital: $1.3 mil
    Deposits held in domestic offices: $10.7 mil
    Return on assets (ROA): 0.65% ($0.1 mil)
    Quarterly return on assets: -0.03% (-$0.0 mil)
    Return on Equity (ROE): 6.87% ($0.1 mil)
    Quarterly return on equity: -0.31% (-$0.0 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.82% ($101.9 mil)
    Quarterly Pretax return on assets: -0.03% (-$3.7 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
  • 7Total employees (full-time equivalent)
  • $12,432Total assets
  • $1,186Cash and due from depository institutions
  • $828Interest-bearing balances
  • $2,225Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $7,209Net loans & leases
  • $114Loan loss allowance
  • $0Trading account assets
  • $1,504Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $12,432Life insurance assets
  • $308All other assets
  • $11,173Total liabilities and capital
  • $10,662Total liabilities
  • $2,000Total deposits
  • $10,662Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 498.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $13Subordinated debt
  • $1,259All other liabilities
  • $1,259Total equity capital
  • $1,259Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $400Surplus
  • $809Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $38Income earned, not collected on loans
  • $0Earning assets
  • $85Long-term assets (5+ years)
  • $10,262Average Assets, year-to-date
  • $3,925Average Assets, quarterly
  • $12,873Volatile liabilities
  • $12,479Insider loans
  • $9,284FHLB advances
  • $12,620Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $1,169Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $183Restructured Loans and leases
  • $4Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $701Total interest income
  • $105Total interest expense
  • $596Net interest income
  • $81Provision for loan and lease losses
  • $108Total noninterest income
  • $0Fiduciary activities
  • $60Service charges on deposit accounts
  • $0Trading account gains & fees
  • $48Additional noninterest income
  • $517Total noninterest expense
  • $226Salaries and employee benefits
  • $136Premises and equipment expense
  • $155Additional noninterest expense
  • $106Pre-tax net operating income
  • $0Securities gains (losses)
  • $22Applicable income taxes
  • $84Income before extraordinary items
  • $0Extraordinary gains - net
  • $84Net income attributable to bank
  • $0Net charge-offs
  • $84Cash dividends
  • $79Sale, conversion, retirement of capital stock, net
  • $40Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.38%Yield on earning assets
  • 0.96%Cost of funding earning assets
  • 5.42%Net interest margin
  • 0.98%Noninterest income to earning assets
  • 4.70%Noninterest expense to earning assets
  • 0.65%Net operating income to assets
  • 0.65%Return on assets (ROA)
  • 0.82%Pretax return on assets
  • 6.87%Return on equity (ROE)
  • 3.60%Retained earnings to average equity (YTD only)
  • 1.08%Net charge-offs to loans
  • 102.53%Credit loss provision to net charge-offs
  • 2.37%Efficiency ratio
  • 73,438Assets per employee
  • 1.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.62%Loss allowance to loans
  • 1.56%Loss allowance to noncurrent loans
  • 300.00%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.52%Net loans and leases to deposits
  • 67.61%Net loans and leases to core deposits
  • 67.61%Equity capital to assets
  • 10.13%Core capital (leverage) ratio
  • 9.26%Tier 1 risk-based capital ratio
  • 12.59%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $12,873Average earning assets
  • $1,222Average equity
  • $10,990Average loans

List of branches

  • 1 Oklahoma Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04069First State Bank101 N Mickey Mantle Blvd, Commerce, OK 74339June 01, 1918Full Service Brick and Mortar

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