The Bank of Commerce in Mcloud, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 25, 1996

The Bank of Commerce in Mcloud, Oklahoma (OK)
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The Bank of Commerce - Overview

General
FDIC Certificate #: 11524
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: BancFirst (#27476)
Federal Reserve ID: 831950
Date Established: May 07, 1907
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 7365
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: October 25, 1996
Last Structure Change Process Date: December 02, 1996
Last Data Update: December 02, 1996
Data Source Date: April 05, 2012
Location
Address: Fifth And Broadway Streets, Mcloud, OK 74851
County: Pottawatomie
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): Shawnee, OK (#43060)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $17.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$11Total assets
$17,403Cash and due from depository institutions
$1,044Interest-bearing balances
$110Securities
$7,496Federal funds sold & reverse repurchase agreements
$400Net loans & leases
$8,080Loan loss allowance
$45Trading account assets
$0Bank premises and fixed assets
$220Other real estate owned
$0Goodwill and other intangibles
$163Life insurance assets
$0All other assets
$0Total liabilities and capital
$17,403Total liabilities
$16,125Total deposits
$15,940Interest-bearing deposits
$12,751Deposits held in domestic offices
15940.00%% insured (estimated)
$99Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$185Total equity capital
$185Total bank equity capital
$1,278Perpetual preferred stock
$0Common stock
$340Surplus
$360Undivided profits
Memoranda
$578Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$41Income earned, not collected on loans
$79Earning assets
$16,086Long-term assets (5+ years)
$2,261Average Assets, year-to-date
$17,641Average Assets, quarterly
$17,327Volatile liabilities
$300Insider loans
$23FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$113Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,335Total risk weighted assets
$7,633Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$1,415Total interest expense
$492Net interest income
$923Provision for loan and lease losses
$10Total noninterest income
$264Fiduciary activities
$0Service charges on deposit accounts
$223Trading account gains & fees
$0Additional noninterest income
$41Total noninterest expense
$626Salaries and employee benefits
$325Premises and equipment expense
$56Additional noninterest expense
$245Pre-tax net operating income
$551Securities gains (losses)
-$15Applicable income taxes
$191Income before extraordinary items
$345Extraordinary gains - net
$0Net income attributable to bank
$346Net charge-offs
$112Cash dividends
$345Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.65%Cost of funding earning assets
3.01%Net interest margin
5.64%Noninterest income to earning assets
1.61%Noninterest expense to earning assets
3.83%Net operating income to assets
2.01%Return on assets (ROA)
1.96%Pretax return on assets
3.04%Return on equity (ROE)
28.08%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
1.36%Credit loss provision to net charge-offs
8.93%Efficiency ratio
52,738Assets per employee
1.58%Cash dividends to net income (YTD only)
Condition Ratios (%)
99.71%Loss allowance to loans
0.55%Loss allowance to noncurrent loans
109.76%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.50%Net loans and leases to deposits
50.69%Net loans and leases to core deposits
51.66%Equity capital to assets
7.34%Core capital (leverage) ratio
7.74%Tier 1 risk-based capital ratio
17.49%Total risk-based capital ratio
Memoranda
$18Average assets
$17,641Average earning assets
$1,232Average equity
$16,365Average loans

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