FDIC Certificate #: 4041 Status: Active Federal Reserve ID: 49951 Date Established: January 16, 1916 WWW:http://www.fsbbeaver.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 2620 Numeric code: 21 Regulator: FDIC 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: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 15 South Douglas Avenue, Beaver, OK 73932 County: Beaver 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $112.4 mil Equity capital: $8.8 mil Deposits held in domestic offices: $103.4 mil Return on assets (ROA): 1.42% ($1.6 mil) Quarterly return on assets: 1.20% ($1.3 mil) Return on Equity (ROE): 17.33% ($1.6 mil) Quarterly return on equity: 14.87% ($1.3 mil) Net income: $1.5 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.42% ($1,596.2 mil) Quarterly Pretax return on assets: 1.20% ($1,348.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
17Total employees (full-time equivalent)
$112,405Total assets
$14,897Cash and due from depository institutions
$13,136Interest-bearing balances
$20,490Securities
$2,634Federal funds sold & reverse repurchase agreements
$70,505Net loans & leases
$543Loan loss allowance
$0Trading account assets
$496Bank premises and fixed assets
$83Other real estate owned
$0Goodwill and other intangibles
$112,405Life insurance assets
$3,300All other assets
$103,622Total liabilities and capital
$103,353Total liabilities
$92,772Total deposits
$103,353Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$269Subordinated debt
$8,783All other liabilities
$8,783Total equity capital
$8,783Total bank equity capital
$0Perpetual preferred stock
$685Common stock
$435Surplus
$7,663Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$258Income earned, not collected on loans
$0Earning assets
$1,393Long-term assets (5+ years)
$106,765Average Assets, year-to-date
$30,678Average Assets, quarterly
$103,833Volatile liabilities
$108,776Insider loans
$76,508FHLB advances
$107,751Loans and leases held for sale
$1,139Unused loan commitments
$1,139Tier 1 (core) risk-based capital
$8,947Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,061Restructured Loans and leases
$1,250Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,198Total interest income
$1,396Total interest expense
$2,802Net interest income
$0Provision for loan and lease losses
$199Total noninterest income
$0Fiduciary activities
$131Service charges on deposit accounts
$0Trading account gains & fees
$68Additional noninterest income
$1,524Total noninterest expense
$823Salaries and employee benefits
$245Premises and equipment expense
$456Additional noninterest expense
$1,477Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,477Income before extraordinary items
$0Extraordinary gains - net
$1,477Net income attributable to bank
$0Net charge-offs
$1,477Cash dividends
$8Sale, conversion, retirement of capital stock, net
$681Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.26%Yield on earning assets
1.41%Cost of funding earning assets
2.84%Net interest margin
0.20%Noninterest income to earning assets
1.54%Noninterest expense to earning assets
1.42%Net operating income to assets
1.42%Return on assets (ROA)
1.42%Pretax return on assets
17.33%Return on equity (ROE)
9.34%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
184.63%Efficiency ratio
50,783Assets per employee
6.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.11%Loss allowance to loans
0.76%Loss allowance to noncurrent loans
210.47%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.36%Net loans and leases to deposits
68.22%Net loans and leases to core deposits
77.06%Equity capital to assets
7.81%Core capital (leverage) ratio
8.30%Tier 1 risk-based capital ratio
11.69%Total risk-based capital ratio
Memoranda
$12Average assets
$103,833Average earning assets
$8,523Average equity
$98,658Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2620
The First Security Bank
15 South Douglas Avenue, Beaver, OK 73932
January 16, 1916
Full Service Brick and Mortar
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