FDIC Certificate #: 4241 Status: Active Federal Reserve ID: 237954 Bank Holding Company (Regulatory Top Holder): Southeast Capital Corporation Employee Stock Ownership Plan (RSSDID: 2107499, Location: Idabel, OK) Date Established: Febuary 14, 1921 WWW:http://www.idabelnational.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 9416 FDIC's unique #: 2783 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: Yes Asset Concentration Hierarchy: All Other Specialization < 1 Billion 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: 1201 Southeast Washington, Idabel, OK 74745 County: Mccurtain 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $116.1 mil Equity capital: $12.6 mil Deposits held in domestic offices: $84.2 mil Return on assets (ROA): 1.43% ($1.7 mil) Quarterly return on assets: 1.22% ($1.4 mil) Return on Equity (ROE): 14.41% ($1.9 mil) Quarterly return on equity: 11.36% ($1.5 mil) Net income: $1.6 mil Quarterly Net income: $0.4 mil Pretax return on assets: 1.43% ($1,660.1 mil) Quarterly Pretax return on assets: 1.22% ($1,416.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
28Total employees (full-time equivalent)
$116,092Total assets
$3,365Cash and due from depository institutions
$655Interest-bearing balances
$51,601Securities
$0Federal funds sold & reverse repurchase agreements
$57,332Net loans & leases
$984Loan loss allowance
$0Trading account assets
$930Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$116,093Life insurance assets
$2,864All other assets
$103,470Total liabilities and capital
$84,241Total liabilities
$67,992Total deposits
$84,241Interest-bearing deposits
$81Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$18,000Trading liabilities
$0Other borrowed funds
$1,229Subordinated debt
$12,623All other liabilities
$12,623Total equity capital
$12,623Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$500Surplus
$11,623Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$492Income earned, not collected on loans
$375Earning assets
$947Long-term assets (5+ years)
$109,588Average Assets, year-to-date
$43,461Average Assets, quarterly
$112,610Volatile liabilities
$116,504Insider loans
$64,476FHLB advances
$114,462Loans and leases held for sale
$397Unused loan commitments
$397Tier 1 (core) risk-based capital
$10,043Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,040Restructured Loans and leases
$675Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,228Total interest income
$1,046Total interest expense
$4,182Net interest income
$720Provision for loan and lease losses
$610Total noninterest income
$0Fiduciary activities
$521Service charges on deposit accounts
$0Trading account gains & fees
$89Additional noninterest income
$2,511Total noninterest expense
$1,298Salaries and employee benefits
$332Premises and equipment expense
$881Additional noninterest expense
$1,561Pre-tax net operating income
$46Securities gains (losses)
$0Applicable income taxes
$1,607Income before extraordinary items
$0Extraordinary gains - net
$1,607Net income attributable to bank
$0Net charge-offs
$1,607Cash dividends
$251Sale, conversion, retirement of capital stock, net
$550Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.91%Yield on earning assets
0.98%Cost of funding earning assets
3.93%Net interest margin
0.57%Noninterest income to earning assets
2.36%Noninterest expense to earning assets
1.39%Net operating income to assets
1.43%Return on assets (ROA)
1.43%Pretax return on assets
14.41%Return on equity (ROE)
9.48%Retained earnings to average equity (YTD only)
0.45%Net charge-offs to loans
286.85%Credit loss provision to net charge-offs
9.09%Efficiency ratio
52,400Assets per employee
4.15%Cash dividends to net income (YTD only)
Condition Ratios (%)
34.23%Loss allowance to loans
1.69%Loss allowance to noncurrent loans
200.00%Noncurrent assets plus other real estate owned to assets
0.42%Noncurrent loans to loans
0.84%Net loans and leases to deposits
68.06%Net loans and leases to core deposits
78.22%Equity capital to assets
10.87%Core capital (leverage) ratio
8.77%Tier 1 risk-based capital ratio
15.58%Total risk-based capital ratio
Memoranda
$17Average assets
$112,610Average earning assets
$11,155Average equity
$106,399Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2783
The Idabel National Bank
1201 Southeast Washington, Idabel, OK 74745
Febuary 14, 1921
Full Service Brick and Mortar
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