FDIC Certificate #: 4191 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:InterBank (#27210) Federal Reserve ID: 433354 Date Established: September 11, 1901 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 5 (Interstate: No) OTS Docket #: 13436 FDIC's unique #: 2744 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: December 31, 2010 Last Structure Change Process Date: January 04, 2011 Last Data Update: January 04, 2011 Data Source Date: April 05, 2012
Location
Address: 1620 West Third Street, Elk City, OK 73648 County: Beckham 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 Core Based Statistical Area (CBSA): Elk City, OK (#21120) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $233.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
60Total employees (full-time equivalent)
$226,654Total assets
$7,707Cash and due from depository institutions
$2,033Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$200,805Net loans & leases
$2,021Loan loss allowance
$0Trading account assets
$5,743Bank premises and fixed assets
$266Other real estate owned
$8,068Goodwill and other intangibles
$0Life insurance assets
$4,065All other assets
$226,654Total liabilities and capital
$197,440Total liabilities
$193,160Total deposits
$172,218Interest-bearing deposits
$193,160Deposits held in domestic offices
81.48%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,850Other borrowed funds
$0Subordinated debt
$430All other liabilities
$29,214Total equity capital
$29,214Total bank equity capital
$29,214Perpetual preferred stock
$0Common stock
$1,000Surplus
$26,867Undivided profits
Memoranda
$1,347Noncurrent loans and leases
$24,139Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,429Earning assets
$0Long-term assets (5+ years)
$1,362Average Assets, year-to-date
$202,838Average Assets, quarterly
$13,943Volatile liabilities
$225,099Insider loans
$222,692FHLB advances
$51,716Loans and leases held for sale
$10,156Unused loan commitments
$3,850Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$24,139Total unused commitments
$0Restructured Loans and leases
$2,021Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$12,291Total interest income
$2,482Total interest expense
$9,809Net interest income
$126Provision for loan and lease losses
$2,328Total noninterest income
$0Fiduciary activities
$1,852Service charges on deposit accounts
$0Trading account gains & fees
$476Additional noninterest income
$8,369Total noninterest expense
$3,077Salaries and employee benefits
$719Premises and equipment expense
$4,573Additional noninterest expense
$3,642Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$3,642Income before extraordinary items
$0Extraordinary gains - net
$3,642Net income attributable to bank
$0Net charge-offs
$3,642Cash dividends
$127Sale, conversion, retirement of capital stock, net
$5,000Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.06%Yield on earning assets
1.22%Cost of funding earning assets
4.84%Net interest margin
1.15%Noninterest income to earning assets
4.13%Noninterest expense to earning assets
1.62%Net operating income to assets
1.62%Return on assets (ROA)
1.62%Pretax return on assets
11.79%Return on equity (ROE)
-4.40%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
99.21%Credit loss provision to net charge-offs
29.67%Efficiency ratio
55,961Assets per employee
3.78%Cash dividends to net income (YTD only)
Condition Ratios (%)
137.29%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
83.20%Noncurrent assets plus other real estate owned to assets
1.19%Noncurrent loans to loans
1.20%Net loans and leases to deposits
103.96%Net loans and leases to core deposits
138.21%Equity capital to assets
12.89%Core capital (leverage) ratio
10.04%Tier 1 risk-based capital ratio
10.94%Total risk-based capital ratio
Memoranda
$12Average assets
$225,099Average earning assets
$30,881Average equity
$202,874Average loans
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