FDIC Certificate #: 4195 Status: Active Federal Reserve ID: 249153 Date Established: April 04, 1911 WWW:http://www.southweststatebank.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 #: 16016 FDIC's unique #: 2748 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: June 01, 2010 Last Structure Change Process Date: June 01, 2010 Last Data Update: June 01, 2010 Data Source Date: April 05, 2012
Location
Address: 122 East Main Street, Sentinel, OK 73664 County: Washita 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
History of Changes
Change in Location
Financial Summary
Total assets: $106.9 mil Equity capital: $9.6 mil Deposits held in domestic offices: $92.6 mil Return on assets (ROA): 0.70% ($0.7 mil) Quarterly return on assets: 1.25% ($1.3 mil) Return on Equity (ROE): 8.14% ($0.8 mil) Quarterly return on equity: 14.22% ($1.4 mil) Net income: $0.7 mil Quarterly Net income: $0.3 mil Pretax return on assets: 0.70% ($748.3 mil) Quarterly Pretax return on assets: 1.25% ($1,336.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
16Total employees (full-time equivalent)
$106,901Total assets
$494Cash and due from depository institutions
$46Interest-bearing balances
$50,361Securities
$106Federal funds sold & reverse repurchase agreements
$51,218Net loans & leases
$847Loan loss allowance
$0Trading account assets
$320Bank premises and fixed assets
$28Other real estate owned
$0Goodwill and other intangibles
$106,901Life insurance assets
$4,374All other assets
$97,331Total liabilities and capital
$92,619Total liabilities
$86,782Total deposits
$92,619Interest-bearing deposits
$97Deposits held in domestic offices
4520.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$192Subordinated debt
$9,570All other liabilities
$9,570Total equity capital
$9,570Total bank equity capital
$0Perpetual preferred stock
$441Common stock
$6,049Surplus
$3,080Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,542Income earned, not collected on loans
$0Earning assets
$835Long-term assets (5+ years)
$101,731Average Assets, year-to-date
$40,122Average Assets, quarterly
$106,646Volatile liabilities
$106,413Insider loans
$79,862FHLB advances
$105,537Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,035Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,247Restructured Loans and leases
$7Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,171Total interest income
$1,472Total interest expense
$3,699Net interest income
$711Provision for loan and lease losses
$189Total noninterest income
$0Fiduciary activities
$160Service charges on deposit accounts
$0Trading account gains & fees
$29Additional noninterest income
$2,432Total noninterest expense
$948Salaries and employee benefits
$573Premises and equipment expense
$911Additional noninterest expense
$745Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$745Income before extraordinary items
$0Extraordinary gains - net
$745Net income attributable to bank
$0Net charge-offs
$745Cash dividends
$473Sale, conversion, retirement of capital stock, net
$435Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.12%Yield on earning assets
1.46%Cost of funding earning assets
3.66%Net interest margin
0.19%Noninterest income to earning assets
2.41%Noninterest expense to earning assets
0.70%Net operating income to assets
0.70%Return on assets (ROA)
0.70%Pretax return on assets
8.14%Return on equity (ROE)
3.39%Retained earnings to average equity (YTD only)
0.89%Net charge-offs to loans
150.32%Credit loss provision to net charge-offs
3.08%Efficiency ratio
62,551Assets per employee
6.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
58.39%Loss allowance to loans
1.63%Loss allowance to noncurrent loans
54.93%Noncurrent assets plus other real estate owned to assets
1.47%Noncurrent loans to loans
2.96%Net loans and leases to deposits
55.30%Net loans and leases to core deposits
56.72%Equity capital to assets
8.95%Core capital (leverage) ratio
8.56%Tier 1 risk-based capital ratio
11.31%Total risk-based capital ratio
Memoranda
$12Average assets
$106,646Average earning assets
$9,152Average equity
$100,982Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2748
Southwest State Bank
122 East Main Street, Sentinel, OK 73664
April 04, 1911
Full Service Brick and Mortar
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