FDIC Certificate #: 417 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Bank & Trust Company (#4219) Federal Reserve ID: 882354 Date Established: January 01, 1913 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 52598 FDIC's unique #: 322 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: December 31, 2008 Last Structure Change Process Date: Febuary 04, 2009 Last Data Update: Febuary 04, 2009 Data Source Date: April 05, 2012
Location
Address: 110 West Ketchum Avenue, Ketchum, OK 74349 County: Craig 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: $24.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
16Total employees (full-time equivalent)
$26,338Total assets
$707Cash and due from depository institutions
$3Interest-bearing balances
$2,829Securities
$4,958Federal funds sold & reverse repurchase agreements
$15,652Net loans & leases
$299Loan loss allowance
$0Trading account assets
$1,200Bank premises and fixed assets
$83Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$909All other assets
$26,338Total liabilities and capital
$24,279Total liabilities
$24,239Total deposits
$20,081Interest-bearing deposits
$24,239Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$40All other liabilities
$2,059Total equity capital
$2,059Total bank equity capital
$2,059Perpetual preferred stock
$0Common stock
$125Surplus
$475Undivided profits
Memoranda
$1,459Noncurrent loans and leases
$702Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$203Earning assets
$0Long-term assets (5+ years)
$195Average Assets, year-to-date
$23,442Average Assets, quarterly
$1,381Volatile liabilities
$26,138Insider loans
$26,067FHLB advances
$6,522Loans and leases held for sale
$435Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$702Total unused commitments
$0Restructured Loans and leases
$229Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$2,061Total interest income
$803Total interest expense
$1,258Net interest income
$115Provision for loan and lease losses
-$43Total noninterest income
$0Fiduciary activities
$134Service charges on deposit accounts
$0Trading account gains & fees
-$177Additional noninterest income
$1,234Total noninterest expense
$556Salaries and employee benefits
$171Premises and equipment expense
$507Additional noninterest expense
-$134Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$134Income before extraordinary items
$0Extraordinary gains - net
-$134Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$382Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.93%Yield on earning assets
3.48%Cost of funding earning assets
5.45%Net interest margin
-0.19%Noninterest income to earning assets
5.35%Noninterest expense to earning assets
-0.51%Net operating income to assets
-0.51%Return on assets (ROA)
-0.51%Pretax return on assets
-6.41%Return on equity (ROE)
-6.41%Retained earnings to average equity (YTD only)
2.29%Net charge-offs to loans
30.10%Credit loss provision to net charge-offs
-0.05%Efficiency ratio
101,564Assets per employee
1.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.87%Loss allowance to noncurrent loans
147.29%Noncurrent assets plus other real estate owned to assets
1.09%Noncurrent loans to loans
1.27%Net loans and leases to deposits
64.57%Net loans and leases to core deposits
88.34%Equity capital to assets
7.82%Core capital (leverage) ratio
7.82%Tier 1 risk-based capital ratio
11.21%Total risk-based capital ratio
Memoranda
$12Average assets
$26,138Average earning assets
$2,090Average equity
$23,074Average loans
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