FDIC Certificate #: 4096 Status: Active Federal Reserve ID: 182652 Bank Holding Company (Regulatory Top Holder): First Fairland Bancshares, Inc. (RSSDID: 2584429, Location: Fairland, OK) Date Established: December 01, 1897 Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 2668 Numeric code: 13 Regulator: FED 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: 32 West Conner Avenue, Fairland, OK 74343 County: Ottawa 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 Core Based Statistical Area (CBSA): Miami, OK (#33060) CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Financial Summary
Total assets: $10.3 mil Equity capital: $1.2 mil Deposits held in domestic offices: $9.1 mil Return on assets (ROA): 1.41% ($0.1 mil) Quarterly return on assets: 1.25% ($0.1 mil) Return on Equity (ROE): 11.93% ($0.1 mil) Quarterly return on equity: 10.61% ($0.1 mil) Net income: $0.1 mil Quarterly Net income: $0.0 mil Pretax return on assets: 1.42% ($146.6 mil) Quarterly Pretax return on assets: 1.25% ($129.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$10,323Total assets
$486Cash and due from depository institutions
$199Interest-bearing balances
$800Securities
$450Federal funds sold & reverse repurchase agreements
$7,883Net loans & leases
$45Loan loss allowance
$0Trading account assets
$311Bank premises and fixed assets
$0Other real estate owned
$224Goodwill and other intangibles
$10,323Life insurance assets
$169All other assets
$9,117Total liabilities and capital
$9,114Total liabilities
$6,378Total deposits
$9,114Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$3Subordinated debt
$1,206All other liabilities
$1,206Total equity capital
$1,206Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$765Surplus
$241Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3Income earned, not collected on loans
$0Earning assets
$77Long-term assets (5+ years)
$9,332Average Assets, year-to-date
$149Average Assets, quarterly
$10,089Volatile liabilities
$10,213Insider loans
$7,126FHLB advances
$10,090Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$982Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$665Restructured Loans and leases
$69Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$517Total interest income
$40Total interest expense
$477Net interest income
$25Provision for loan and lease losses
$164Total noninterest income
$0Fiduciary activities
$123Service charges on deposit accounts
$0Trading account gains & fees
$41Additional noninterest income
$473Total noninterest expense
$291Salaries and employee benefits
$83Premises and equipment expense
$99Additional noninterest expense
$143Pre-tax net operating income
$0Securities gains (losses)
$1Applicable income taxes
$142Income before extraordinary items
$0Extraordinary gains - net
$142Net income attributable to bank
$0Net charge-offs
$142Cash dividends
$10Sale, conversion, retirement of capital stock, net
$107Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.74%Yield on earning assets
0.44%Cost of funding earning assets
5.30%Net interest margin
1.82%Noninterest income to earning assets
5.25%Noninterest expense to earning assets
1.41%Net operating income to assets
1.41%Return on assets (ROA)
1.42%Pretax return on assets
11.93%Return on equity (ROE)
2.94%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
250.00%Credit loss provision to net charge-offs
16.80%Efficiency ratio
73,791Assets per employee
1.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
75.35%Loss allowance to loans
0.57%Loss allowance to noncurrent loans
1500.00%Noncurrent assets plus other real estate owned to assets
0.03%Noncurrent loans to loans
0.04%Net loans and leases to deposits
86.49%Net loans and leases to core deposits
86.49%Equity capital to assets
11.68%Core capital (leverage) ratio
9.73%Tier 1 risk-based capital ratio
13.78%Total risk-based capital ratio
Memoranda
$14Average assets
$10,089Average earning assets
$1,190Average equity
$9,002Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2668
The First Bank Of Fairland
32 West Conner Avenue, Fairland, OK 74343
December 01, 1897
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The First Bank of Fairland.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: