Superior Bank, FSB in Fort Smith, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 05, 2003

  • Superior Bank, FSB in Fort Smith, Arkansas (AR)
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Superior Bank, FSB - Overview

  • General
  • FDIC Certificate #: 28958
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Arvest Bank (#8728)
    Federal Reserve ID: 682376
    Date Established: June 01, 1934
    WWW: http://www.superiorfederal.com
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 2688
    FDIC's unique #: 41792
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: November 05, 1934
    Last Structure Change Effective Date: December 05, 2003
    Last Structure Change Process Date: December 10, 2003
    Last Data Update: December 10, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 5000 Rogers Avenue, Fort Smith, AR 72901
    County: Sebastian
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Fort Smith, AR-OK (#2720)
    Core Based Statistical Area (CBSA): Fort Smith, AR-OK (#22900)
    CBSA Metro Statistical Area: Fort Smith, AR-OK (#22900)
  • Financial Summary
  • Total assets: $1,744.9 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, 2002)

  • Dollar figures in thousands
  • 855Total employees (full-time equivalent)
  • $1,725,212Total assets
  • $77,043Cash and due from depository institutions
  • $31,256Interest-bearing balances
  • $408,831Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,085,247Net loans & leases
  • $13,861Loan loss allowance
  • $0Trading account assets
  • $45,727Bank premises and fixed assets
  • $845Other real estate owned
  • $62,766Goodwill and other intangibles
  • $0Life insurance assets
  • $44,753All other assets
  • $1,725,212Total liabilities and capital
  • $1,538,237Total liabilities
  • $1,232,218Total deposits
  • $1,115,102Interest-bearing deposits
  • $1,232,218Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $50,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $238,869Other borrowed funds
  • $0Subordinated debt
  • $17,150All other liabilities
  • $186,975Total equity capital
  • $186,975Total bank equity capital
  • $186,975Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $162,499Undivided profits
  • Memoranda
  • $24,475Noncurrent loans and leases
  • $53,671Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $12,757Earning assets
  • $0Long-term assets (5+ years)
  • $11,802Average Assets, year-to-date
  • $1,525,334Average Assets, quarterly
  • $0Volatile liabilities
  • $1,718,047Insider loans
  • $1,717,019FHLB advances
  • $466,800Loans and leases held for sale
  • $0Unused loan commitments
  • $235,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $53,671Total unused commitments
  • $4,166Restructured Loans and leases
  • $13,476Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $100,787Total interest income
  • $42,264Total interest expense
  • $58,523Net interest income
  • $7,396Provision for loan and lease losses
  • $39,876Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $39,876Additional noninterest income
  • $64,426Total noninterest expense
  • $31,294Salaries and employee benefits
  • $15,887Premises and equipment expense
  • $17,245Additional noninterest expense
  • $26,577Pre-tax net operating income
  • $4,640Securities gains (losses)
  • $10,514Applicable income taxes
  • $20,703Income before extraordinary items
  • $0Extraordinary gains - net
  • $20,703Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $5,644Sale, conversion, retirement of capital stock, net
  • $17,000Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.69%Yield on earning assets
  • 2.81%Cost of funding earning assets
  • 3.89%Net interest margin
  • 2.65%Noninterest income to earning assets
  • 4.28%Noninterest expense to earning assets
  • 1.03%Net operating income to assets
  • 1.21%Return on assets (ROA)
  • 1.82%Pretax return on assets
  • 11.27%Return on equity (ROE)
  • 2.02%Retained earnings to average equity (YTD only)
  • 0.52%Net charge-offs to loans
  • 131.04%Credit loss provision to net charge-offs
  • 6.02%Efficiency ratio
  • 65,414Assets per employee
  • 2.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 82.11%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 108.65%Noncurrent assets plus other real estate owned to assets
  • 0.79%Noncurrent loans to loans
  • 1.16%Net loans and leases to deposits
  • 88.07%Net loans and leases to core deposits
  • 102.94%Equity capital to assets
  • 10.84%Core capital (leverage) ratio
  • 7.51%Tier 1 risk-based capital ratio
  • 11.52%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,718,047Average earning assets
  • $183,651Average equity
  • $1,505,451Average loans

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