FDIC Certificate #: 4060 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Lakeside State Bank (#22217) Federal Reserve ID: 153652 Date Established: August 31, 1901 WWW:http://www.fnbchelseaok.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) OTS Docket #: 10876 FDIC's unique #: 2635 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: December 31, 2006 Last Structure Change Process Date: January 10, 2007 Last Data Update: January 10, 2007 Data Source Date: April 05, 2012
Location
Address: 516 Walnut, Chelsea, OK 74016 County: Rogers 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 Metropolitan Statistical Area (MSA): Tulsa, OK (#8560) Combined Statistical Area (CSA): Tulsa-Bartlesville, OK (#538) Core Based Statistical Area (CBSA): Tulsa, OK (#46140) CBSA Metro Statistical Area: Tulsa, OK (#46140)
Financial Summary
Total assets: $20.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
12Total employees (full-time equivalent)
$20,722Total assets
$867Cash and due from depository institutions
$13Interest-bearing balances
$9,138Securities
$390Federal funds sold & reverse repurchase agreements
$9,127Net loans & leases
$263Loan loss allowance
$0Trading account assets
$754Bank premises and fixed assets
$96Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$350All other assets
$20,722Total liabilities and capital
$18,657Total liabilities
$18,634Total deposits
$14,841Interest-bearing deposits
$18,634Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$23All other liabilities
$2,065Total equity capital
$2,065Total bank equity capital
$2,065Perpetual preferred stock
$0Common stock
$298Surplus
$501Undivided profits
Memoranda
$1,266Noncurrent loans and leases
$239Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$21Earning assets
$0Long-term assets (5+ years)
$120Average Assets, year-to-date
$18,668Average Assets, quarterly
$4,403Volatile liabilities
$21,411Insider loans
$20,902FHLB advances
$2,511Loans and leases held for sale
$4Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$239Total unused commitments
$0Restructured Loans and leases
$92Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$1,165Total interest income
$284Total interest expense
$881Net interest income
$4Provision for loan and lease losses
$420Total noninterest income
$0Fiduciary activities
$323Service charges on deposit accounts
$0Trading account gains & fees
$97Additional noninterest income
$1,187Total noninterest expense
$610Salaries and employee benefits
$54Premises and equipment expense
$523Additional noninterest expense
$110Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$110Income before extraordinary items
$0Extraordinary gains - net
$110Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$33Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.02%Yield on earning assets
1.47%Cost of funding earning assets
4.55%Net interest margin
2.17%Noninterest income to earning assets
6.13%Noninterest expense to earning assets
0.51%Net operating income to assets
0.51%Return on assets (ROA)
0.51%Pretax return on assets
5.26%Return on equity (ROE)
5.26%Retained earnings to average equity (YTD only)
0.34%Net charge-offs to loans
12.12%Credit loss provision to net charge-offs
3.45%Efficiency ratio
91,238Assets per employee
1.73%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.80%Loss allowance to noncurrent loans
1252.38%Noncurrent assets plus other real estate owned to assets
0.56%Noncurrent loans to loans
0.22%Net loans and leases to deposits
48.98%Net loans and leases to core deposits
56.61%Equity capital to assets
9.97%Core capital (leverage) ratio
10.50%Tier 1 risk-based capital ratio
21.34%Total risk-based capital ratio
Memoranda
$22Average assets
$21,411Average earning assets
$2,092Average equity
$19,367Average loans
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