FDIC Certificate #: 34280 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The First National Bank and Trust Company of Vinita (#4218) Federal Reserve ID: 2346609 Date Established: September 04, 1996 WWW:http://www.fnbgrove.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 57039 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: September 04, 1996 Last Structure Change Effective Date: October 03, 2003 Last Structure Change Process Date: October 29, 2003 Last Data Update: October 29, 2003 Data Source Date: April 05, 2012
Location
Address: 600 South Main Street, Grove, OK 74344 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: $52.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
16Total employees (full-time equivalent)
$48,135Total assets
$860Cash and due from depository institutions
$77Interest-bearing balances
$18,973Securities
$0Federal funds sold & reverse repurchase agreements
$25,611Net loans & leases
$262Loan loss allowance
$0Trading account assets
$1,791Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$900All other assets
$48,135Total liabilities and capital
$44,530Total liabilities
$40,424Total deposits
$38,630Interest-bearing deposits
$40,424Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,800Other borrowed funds
$0Subordinated debt
$306All other liabilities
$3,605Total equity capital
$3,605Total bank equity capital
$3,605Perpetual preferred stock
$0Common stock
$650Surplus
$2,350Undivided profits
Memoranda
$605Noncurrent loans and leases
$744Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$180Earning assets
$61Long-term assets (5+ years)
$352Average Assets, year-to-date
$44,661Average Assets, quarterly
$7,320Volatile liabilities
$44,500Insider loans
$47,303FHLB advances
$8,704Loans and leases held for sale
$225Unused loan commitments
$3,800Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$744Total unused commitments
$0Restructured Loans and leases
$262Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$2,924Total interest income
$1,252Total interest expense
$1,672Net interest income
$155Provision for loan and lease losses
$364Total noninterest income
$0Fiduciary activities
$296Service charges on deposit accounts
$0Trading account gains & fees
$68Additional noninterest income
$1,257Total noninterest expense
$624Salaries and employee benefits
$177Premises and equipment expense
$456Additional noninterest expense
$624Pre-tax net operating income
$22Securities gains (losses)
$225Applicable income taxes
$421Income before extraordinary items
$0Extraordinary gains - net
$421Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$135Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.12%Yield on earning assets
3.05%Cost of funding earning assets
4.07%Net interest margin
0.89%Noninterest income to earning assets
3.06%Noninterest expense to earning assets
0.91%Net operating income to assets
0.95%Return on assets (ROA)
1.45%Pretax return on assets
13.01%Return on equity (ROE)
13.01%Retained earnings to average equity (YTD only)
0.53%Net charge-offs to loans
114.81%Credit loss provision to net charge-offs
5.77%Efficiency ratio
61,739Assets per employee
3.01%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.01%Loss allowance to noncurrent loans
145.56%Noncurrent assets plus other real estate owned to assets
0.37%Noncurrent loans to loans
0.70%Net loans and leases to deposits
63.36%Net loans and leases to core deposits
78.75%Equity capital to assets
7.49%Core capital (leverage) ratio
7.15%Tier 1 risk-based capital ratio
12.77%Total risk-based capital ratio
Memoranda
$14Average assets
$44,500Average earning assets
$3,235Average equity
$41,066Average loans
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