FDIC Certificate #: 9474 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Arvest Bank (#14648) Federal Reserve ID: 82855 Date Established: January 01, 1908 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 6089 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: August 10, 2000 Last Structure Change Process Date: August 16, 2000 Last Data Update: August 16, 2000 Data Source Date: April 05, 2012
Location
Address: Main Street, Jay, OK 74346 County: Delaware 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
Financial Summary
Total assets: $31.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
18Total employees (full-time equivalent)
$30,066Total assets
$1,774Cash and due from depository institutions
$19Interest-bearing balances
$7,557Securities
$3,150Federal funds sold & reverse repurchase agreements
$14,911Net loans & leases
$197Loan loss allowance
$0Trading account assets
$871Bank premises and fixed assets
$56Other real estate owned
$1,416Goodwill and other intangibles
$0Life insurance assets
$331All other assets
$30,066Total liabilities and capital
$26,125Total liabilities
$25,972Total deposits
$20,731Interest-bearing deposits
$25,972Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$153All other liabilities
$3,941Total equity capital
$3,941Total bank equity capital
$3,941Perpetual preferred stock
$0Common stock
$400Surplus
$3,583Undivided profits
Memoranda
$-42Noncurrent loans and leases
$733Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$186Earning assets
$0Long-term assets (5+ years)
$149Average Assets, year-to-date
$25,637Average Assets, quarterly
$8,933Volatile liabilities
$30,521Insider loans
$30,609FHLB advances
$1,652Loans and leases held for sale
$94Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$733Total unused commitments
$0Restructured Loans and leases
$197Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$681Total interest income
$303Total interest expense
$378Net interest income
$60Provision for loan and lease losses
$95Total noninterest income
$0Fiduciary activities
$63Service charges on deposit accounts
$0Trading account gains & fees
$32Additional noninterest income
$398Total noninterest expense
$166Salaries and employee benefits
$60Premises and equipment expense
$172Additional noninterest expense
$15Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$15Income before extraordinary items
$0Extraordinary gains - net
$15Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$5Sale, conversion, retirement of capital stock, net
$7Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.55%Yield on earning assets
1.13%Cost of funding earning assets
1.41%Net interest margin
0.36%Noninterest income to earning assets
1.49%Noninterest expense to earning assets
0.05%Net operating income to assets
0.05%Return on assets (ROA)
0.05%Pretax return on assets
0.48%Return on equity (ROE)
0.26%Retained earnings to average equity (YTD only)
-0.03%Net charge-offs to loans
-1200.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
79,281Assets per employee
1.67%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.67%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
105.91%Noncurrent assets plus other real estate owned to assets
0.80%Noncurrent loans to loans
1.23%Net loans and leases to deposits
57.41%Net loans and leases to core deposits
61.31%Equity capital to assets
13.11%Core capital (leverage) ratio
8.74%Tier 1 risk-based capital ratio
15.63%Total risk-based capital ratio
Memoranda
$17Average assets
$30,521Average earning assets
$3,099Average equity
$26,750Average loans
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