FDIC Certificate #: 408 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First United Bank and Trust Company (#4239) Federal Reserve ID: 234252 Date Established: January 01, 1911 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 314 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: January 22, 1999 Last Structure Change Process Date: May 06, 1999 Last Data Update: May 06, 1999 Data Source Date: April 05, 2012
Location
Address: 101 West Main Street, Bokchito, OK 74726 County: Bryan 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): Durant, OK (#20460) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $16.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
8Total employees (full-time equivalent)
$16,250Total assets
$606Cash and due from depository institutions
$100Interest-bearing balances
$9,201Securities
$750Federal funds sold & reverse repurchase agreements
$5,169Net loans & leases
$88Loan loss allowance
$0Trading account assets
$80Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$444All other assets
$16,250Total liabilities and capital
$14,802Total liabilities
$14,733Total deposits
$12,858Interest-bearing deposits
$14,733Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$69All other liabilities
$1,448Total equity capital
$1,448Total bank equity capital
$1,448Perpetual preferred stock
$0Common stock
$130Surplus
$400Undivided profits
Memoranda
$918Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$26Earning assets
$0Long-term assets (5+ years)
$85Average Assets, year-to-date
$15,220Average Assets, quarterly
$5,974Volatile liabilities
$15,893Insider loans
$16,314FHLB advances
$1,861Loans and leases held for sale
$74Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$752Total unused commitments
$0Restructured Loans and leases
$7,384Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$1,143Total interest income
$525Total interest expense
$618Net interest income
$11Provision for loan and lease losses
$118Total noninterest income
$0Fiduciary activities
$72Service charges on deposit accounts
$0Trading account gains & fees
$46Additional noninterest income
$648Total noninterest expense
$347Salaries and employee benefits
$74Premises and equipment expense
$227Additional noninterest expense
$77Pre-tax net operating income
$1Securities gains (losses)
$0Applicable income taxes
$78Income before extraordinary items
$0Extraordinary gains - net
$78Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$8Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.68%Yield on earning assets
3.53%Cost of funding earning assets
4.15%Net interest margin
0.79%Noninterest income to earning assets
4.36%Noninterest expense to earning assets
0.48%Net operating income to assets
0.49%Return on assets (ROA)
0.49%Pretax return on assets
5.46%Return on equity (ROE)
5.46%Retained earnings to average equity (YTD only)
0.15%Net charge-offs to loans
137.50%Credit loss provision to net charge-offs
11.00%Efficiency ratio
88,043Assets per employee
2.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.67%Loss allowance to noncurrent loans
338.46%Noncurrent assets plus other real estate owned to assets
0.16%Noncurrent loans to loans
0.49%Net loans and leases to deposits
35.08%Net loans and leases to core deposits
40.16%Equity capital to assets
8.91%Core capital (leverage) ratio
8.97%Tier 1 risk-based capital ratio
19.76%Total risk-based capital ratio
Memoranda
$21Average assets
$15,893Average earning assets
$1,428Average equity
$14,876Average loans
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