Sand Springs State Bank in Sand Springs, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 10, 1993

Sand Springs State Bank in Sand Springs, Oklahoma (OK)
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Sand Springs State Bank - Overview

General
FDIC Certificate #: 12287
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: BOKF, National Association (#4214)
Federal Reserve ID: 309253
Date Established: October 14, 1913
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 7809
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: May 10, 1993
Last Structure Change Process Date: June 03, 1993
Last Data Update: June 03, 1993
Data Source Date: April 05, 2012
Location
Address: 300 East Broadway, Sand Springs, OK 74063
County: Tulsa
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Tulsa
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Tulsa, OK (#8560)
Combined Statistical Area (CSA): Tulsa-Bartlesville, OK (#538)
Core Based Statistical Area (CBSA): Tulsa, OK (#46140)
CBSA Metro Statistical Area: Tulsa, OK (#46140)
Financial Summary
Total assets: $60.5 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$29Total assets
$64,615Cash and due from depository institutions
$2,387Interest-bearing balances
$0Securities
$20,433Federal funds sold & reverse repurchase agreements
$5,700Net loans & leases
$34,300Loan loss allowance
$1,643Trading account assets
$0Bank premises and fixed assets
$495Other real estate owned
$450Goodwill and other intangibles
$850Life insurance assets
$0All other assets
$0Total liabilities and capital
$64,615Total liabilities
$59,405Total deposits
$57,998Interest-bearing deposits
$43,295Deposits held in domestic offices
57998.00%% insured (estimated)
$85Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,114Subordinated debt
$0All other liabilities
$293Total equity capital
$293Total bank equity capital
$5,210Perpetual preferred stock
$0Common stock
$855Surplus
$4,083Undivided profits
Memoranda
$272Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$346Income earned, not collected on loans
$214Earning assets
$60,433Long-term assets (5+ years)
$2,480Average Assets, year-to-date
$61,463Average Assets, quarterly
$63,119Volatile liabilities
$5,292Insider loans
$25FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$5,513Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,210Total risk weighted assets
$37,234Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$4,955Total interest expense
$1,756Net interest income
$3,199Provision for loan and lease losses
$420Total noninterest income
$552Fiduciary activities
$0Service charges on deposit accounts
$434Trading account gains & fees
$0Additional noninterest income
$118Total noninterest expense
$1,808Salaries and employee benefits
$848Premises and equipment expense
$247Additional noninterest expense
$713Pre-tax net operating income
$1,523Securities gains (losses)
$6Applicable income taxes
$437Income before extraordinary items
$1,092Extraordinary gains - net
$0Net income attributable to bank
$1,092Net charge-offs
$266Cash dividends
$1,082Sale, 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
8.59%Cost of funding earning assets
3.05%Net interest margin
5.55%Noninterest income to earning assets
0.96%Noninterest expense to earning assets
3.14%Net operating income to assets
1.77%Return on assets (ROA)
1.78%Pretax return on assets
2.49%Return on equity (ROE)
20.42%Retained earnings to average equity (YTD only)
0.19%Net charge-offs to loans
0.74%Credit loss provision to net charge-offs
157.89%Efficiency ratio
48,200Assets per employee
2.23%Cash dividends to net income (YTD only)
Condition Ratios (%)
99.08%Loss allowance to loans
4.57%Loss allowance to noncurrent loans
474.86%Noncurrent assets plus other real estate owned to assets
1.23%Noncurrent loans to loans
0.96%Net loans and leases to deposits
59.14%Net loans and leases to core deposits
64.28%Equity capital to assets
8.06%Core capital (leverage) ratio
8.47%Tier 1 risk-based capital ratio
13.99%Total risk-based capital ratio
Memoranda
$15Average assets
$61,463Average earning assets
$5,346Average equity
$57,662Average loans

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