FDIC Certificate #: 21978 Status: Active Federal Reserve ID: 632858 Date Established: April 14, 1975 WWW:http://www.frontier-ok.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 9994 FDIC's unique #: 15237 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: April 14, 1975 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: 5100 South Interstate 35, Oklahoma City, OK 73129 County: Oklahoma 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 Metropolitan Statistical Area (MSA): Oklahoma City, OK (#5880) Combined Statistical Area (CSA): Oklahoma City-Shawnee, OK (#416) Core Based Statistical Area (CBSA): Oklahoma City, OK (#36420) CBSA Metro Statistical Area: Oklahoma City, OK (#36420)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $548.5 mil Equity capital: $61.1 mil Deposits held in domestic offices: $341.4 mil Return on assets (ROA): 1.85% ($10.2 mil) Quarterly return on assets: 0.99% ($5.4 mil) Return on Equity (ROE): 17.25% ($10.5 mil) Quarterly return on equity: 8.83% ($5.4 mil) Net income: $9.8 mil Quarterly Net income: $1.4 mil Pretax return on assets: 1.85% ($10,147.5 mil) Quarterly Pretax return on assets: 0.99% ($5,430.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
51Total employees (full-time equivalent)
$548,513Total assets
$61,218Cash and due from depository institutions
$57,495Interest-bearing balances
$131,284Securities
$0Federal funds sold & reverse repurchase agreements
$332,424Net loans & leases
$6,108Loan loss allowance
$0Trading account assets
$5,341Bank premises and fixed assets
$7,789Other real estate owned
$0Goodwill and other intangibles
$548,513Life insurance assets
$10,457All other assets
$487,366Total liabilities and capital
$341,373Total liabilities
$302,881Total deposits
$341,373Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$145,000Trading liabilities
$0Other borrowed funds
$993Subordinated debt
$61,147All other liabilities
$61,147Total equity capital
$61,147Total bank equity capital
$0Perpetual preferred stock
$800Common stock
$49,588Surplus
$10,759Undivided profits
Memoranda
$0Noncurrent loans and leases
$10,399Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$15,364Income earned, not collected on loans
$0Earning assets
$1,926Long-term assets (5+ years)
$521,203Average Assets, year-to-date
$117,360Average Assets, quarterly
$529,794Volatile liabilities
$546,677Insider loans
$364,668FHLB advances
$545,089Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$56,521Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$53,377Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$27,525Total interest income
$13,605Total interest expense
$13,920Net interest income
$1,600Provision for loan and lease losses
$3,192Total noninterest income
$0Fiduciary activities
$329Service charges on deposit accounts
$0Trading account gains & fees
$2,863Additional noninterest income
$11,953Total noninterest expense
$3,727Salaries and employee benefits
$516Premises and equipment expense
$7,710Additional noninterest expense
$3,559Pre-tax net operating income
$6,217Securities gains (losses)
$0Applicable income taxes
$9,776Income before extraordinary items
$0Extraordinary gains - net
$9,776Net income attributable to bank
$0Net charge-offs
$9,776Cash dividends
$221Sale, conversion, retirement of capital stock, net
$5,050Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.46%Yield on earning assets
2.70%Cost of funding earning assets
2.76%Net interest margin
0.63%Noninterest income to earning assets
2.37%Noninterest expense to earning assets
0.67%Net operating income to assets
1.85%Return on assets (ROA)
1.85%Pretax return on assets
17.25%Return on equity (ROE)
8.34%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
723.98%Credit loss provision to net charge-offs
23.34%Efficiency ratio
69,852Assets per employee
10.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
51.66%Loss allowance to loans
1.80%Loss allowance to noncurrent loans
39.76%Noncurrent assets plus other real estate owned to assets
4.22%Noncurrent loans to loans
4.54%Net loans and leases to deposits
97.38%Net loans and leases to core deposits
169.46%Equity capital to assets
11.15%Core capital (leverage) ratio
10.37%Tier 1 risk-based capital ratio
15.50%Total risk-based capital ratio
Memoranda
$17Average assets
$529,794Average earning assets
$56,673Average equity
$504,364Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
15237
Frontier State Bank
5100 South Interstate 35, Oklahoma City, OK 73129
April 14, 1975
Full Service Brick and Mortar
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