Midwest National Bank in city_name, state_name - Detailed Financial Reports, Location

Midwest National Bank in Midwest City, Oklahoma (OK)
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Midwest National Bank - Overview

General
FDIC Certificate #: 23003
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank One, Oklahoma, National Association (#4167)
Federal Reserve ID: 840550
Date Established: December 03, 1979
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
FDIC's unique #: 16101
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: December 03, 1979
Last Structure Change Effective Date: November 30, 1993
Last Structure Change Process Date: December 20, 1993
Last Data Update: December 20, 1993
Data Source Date: April 05, 2012
Location
Address: 301 North Midwest Boulevard, Midwest City, OK 73140
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)
Financial Summary
Total assets: $38.1 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$24Total assets
$36,008Cash and due from depository institutions
$4,652Interest-bearing balances
$895Securities
$13,711Federal funds sold & reverse repurchase agreements
$1,500Net loans & leases
$13,911Loan loss allowance
$161Trading account assets
$0Bank premises and fixed assets
$1,160Other real estate owned
$536Goodwill and other intangibles
$538Life insurance assets
$0All other assets
$0Total liabilities and capital
$36,008Total liabilities
$33,309Total deposits
$33,139Interest-bearing deposits
$24,278Deposits held in domestic offices
33139.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$170Total equity capital
$170Total bank equity capital
$2,699Perpetual preferred stock
$0Common stock
$1,040Surplus
$1,050Undivided profits
Memoranda
$609Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$110Income earned, not collected on loans
$118Earning assets
$30,017Long-term assets (5+ years)
$1,828Average Assets, year-to-date
$37,092Average Assets, quarterly
$35,484Volatile liabilities
$3,050Insider loans
$738FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$684Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,699Total risk weighted assets
$18,506Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$2,423Total interest expense
$1,072Net interest income
$1,351Provision for loan and lease losses
$147Total noninterest income
$356Fiduciary activities
$0Service charges on deposit accounts
$318Trading account gains & fees
$0Additional noninterest income
$38Total noninterest expense
$1,372Salaries and employee benefits
$771Premises and equipment expense
$173Additional noninterest expense
$428Pre-tax net operating income
$188Securities gains (losses)
$0Applicable income taxes
$47Income before extraordinary items
$141Extraordinary gains - net
$0Net income attributable to bank
$141Net charge-offs
$307Cash dividends
$159Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.55%Cost of funding earning assets
3.34%Net interest margin
4.21%Noninterest income to earning assets
1.11%Noninterest expense to earning assets
4.27%Net operating income to assets
0.38%Return on assets (ROA)
0.38%Pretax return on assets
0.51%Return on equity (ROE)
5.30%Retained earnings to average equity (YTD only)
-0.68%Net charge-offs to loans
2.19%Credit loss provision to net charge-offs
47.88%Efficiency ratio
80,375Assets per employee
1.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
112.77%Loss allowance to loans
1.14%Loss allowance to noncurrent loans
146.36%Noncurrent assets plus other real estate owned to assets
1.33%Noncurrent loans to loans
0.78%Net loans and leases to deposits
41.98%Net loans and leases to core deposits
46.23%Equity capital to assets
7.50%Core capital (leverage) ratio
7.79%Tier 1 risk-based capital ratio
14.58%Total risk-based capital ratio
Memoranda
$15Average assets
$37,092Average earning assets
$2,662Average equity
$32,095Average loans

Midwest National Bank in Midwest City, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

Midwest National Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

Comment about this bank, ask questions, or add new information about it:

Midwest National Bank in Midwest City, Oklahoma (OK)Overview, Financial Summary, Detailed Financial Reports, Branches

Midwest National Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

Comment about this bank, ask questions, or add new information about it:

Midwest National Bank in Midwest City, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches