FDIC Certificate #: 12483 Status: Active Federal Reserve ID: 187358 Date Established: January 01, 1919 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 #: 7943 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: No 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: 61 Main, Freedom, OK 73842 County: Woods 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
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $20.9 mil Equity capital: $1.8 mil Deposits held in domestic offices: $19.1 mil Return on assets (ROA): 0.41% ($0.1 mil) Quarterly return on assets: -0.31% (-$0.1 mil) Return on Equity (ROE): 4.42% ($0.1 mil) Quarterly return on equity: -3.56% (-$0.1 mil) Net income: $0.1 mil Quarterly Net income: -$0.0 mil Pretax return on assets: 0.46% ($96.2 mil) Quarterly Pretax return on assets: -0.31% (-$64.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$20,909Total assets
$3,608Cash and due from depository institutions
$1,809Interest-bearing balances
$2,860Securities
$4,894Federal funds sold & reverse repurchase agreements
$8,827Net loans & leases
$132Loan loss allowance
$0Trading account assets
$106Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$20,909Life insurance assets
$614All other assets
$19,124Total liabilities and capital
$19,094Total liabilities
$14,753Total deposits
$19,094Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$30Subordinated debt
$1,785All other liabilities
$1,785Total equity capital
$1,785Total bank equity capital
$0Perpetual preferred stock
$150Common stock
$350Surplus
$1,285Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$655Income earned, not collected on loans
$242Earning assets
$260Long-term assets (5+ years)
$18,390Average Assets, year-to-date
$2,871Average Assets, quarterly
$18,937Volatile liabilities
$20,363Insider loans
$11,282FHLB advances
$20,885Loans and leases held for sale
$312Unused loan commitments
$312Tier 1 (core) risk-based capital
$1,783Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$849Restructured Loans and leases
$61Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$693Total interest income
$161Total interest expense
$532Net interest income
$60Provision for loan and lease losses
$101Total noninterest income
$0Fiduciary activities
$86Service charges on deposit accounts
$0Trading account gains & fees
$15Additional noninterest income
$564Total noninterest expense
$346Salaries and employee benefits
$27Premises and equipment expense
$191Additional noninterest expense
$9Pre-tax net operating income
$78Securities gains (losses)
$9Applicable income taxes
$78Income before extraordinary items
$0Extraordinary gains - net
$78Net income attributable to bank
$0Net charge-offs
$78Cash dividends
$82Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.04%Yield on earning assets
0.94%Cost of funding earning assets
3.10%Net interest margin
0.59%Noninterest income to earning assets
3.29%Noninterest expense to earning assets
0.04%Net operating income to assets
0.41%Return on assets (ROA)
0.46%Pretax return on assets
4.42%Return on equity (ROE)
4.42%Retained earnings to average equity (YTD only)
0.96%Net charge-offs to loans
73.17%Credit loss provision to net charge-offs
0.84%Efficiency ratio
89,100Assets per employee
2.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.47%Loss allowance to noncurrent loans
20.15%Noncurrent assets plus other real estate owned to assets
3.13%Noncurrent loans to loans
7.31%Net loans and leases to deposits
46.23%Net loans and leases to core deposits
46.23%Equity capital to assets
8.54%Core capital (leverage) ratio
8.54%Tier 1 risk-based capital ratio
15.80%Total risk-based capital ratio
Memoranda
$17Average assets
$18,937Average earning assets
$1,765Average equity
$17,167Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
7943
The Freedom State Bank
61 Main, Freedom, OK 73842
January 01, 1919
Full Service Brick and Mortar
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