FDIC Certificate #: 12485 Status: Active Federal Reserve ID: 455150 Bank Holding Company (Regulatory Top Holder): Employee Stock Ownership Plan For Employees Of Payne County Bank (RSSDID: 2168977, Location: Perkins, OK) Date Established: January 08, 1898 WWW:http://www.paynecountybank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 52307 FDIC's unique #: 7945 Numeric code: 13 Regulator: FED 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: Yes 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: 202 South Main Street, Perkins, OK 74059 County: Payne 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): Stillwater, OK (#44660) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $124.7 mil Equity capital: $23.2 mil Deposits held in domestic offices: $101.2 mil Return on assets (ROA): 2.27% ($2.8 mil) Quarterly return on assets: 0.57% ($0.7 mil) Return on Equity (ROE): 12.68% ($2.9 mil) Quarterly return on equity: 3.06% ($0.7 mil) Net income: $2.8 mil Quarterly Net income: $0.2 mil Pretax return on assets: 2.27% ($2,831.1 mil) Quarterly Pretax return on assets: 0.57% ($710.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
29Total employees (full-time equivalent)
$124,720Total assets
$5,541Cash and due from depository institutions
$1,530Interest-bearing balances
$39,029Securities
$3,198Federal funds sold & reverse repurchase agreements
$71,296Net loans & leases
$896Loan loss allowance
$0Trading account assets
$1,070Bank premises and fixed assets
$19Other real estate owned
$0Goodwill and other intangibles
$124,720Life insurance assets
$4,567All other assets
$101,525Total liabilities and capital
$101,200Total liabilities
$83,214Total deposits
$101,200Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$325Subordinated debt
$23,195All other liabilities
$23,195Total equity capital
$23,195Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$700Surplus
$22,195Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$627Income earned, not collected on loans
$0Earning assets
$904Long-term assets (5+ years)
$115,053Average Assets, year-to-date
$38,073Average Assets, quarterly
$122,650Volatile liabilities
$124,785Insider loans
$77,057FHLB advances
$125,226Loans and leases held for sale
$3,147Unused loan commitments
$1,788Tier 1 (core) risk-based capital
$21,180Tier 2 risk-based capital
$1,359Total risk weighted assets
$0Total unused commitments
$6,804Restructured Loans and leases
$43Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$6,727Total interest income
$891Total interest expense
$5,836Net interest income
$125Provision for loan and lease losses
$997Total noninterest income
$0Fiduciary activities
$363Service charges on deposit accounts
$0Trading account gains & fees
$634Additional noninterest income
$3,938Total noninterest expense
$2,714Salaries and employee benefits
$292Premises and equipment expense
$932Additional noninterest expense
$2,770Pre-tax net operating income
$17Securities gains (losses)
$0Applicable income taxes
$2,787Income before extraordinary items
$0Extraordinary gains - net
$2,787Net income attributable to bank
$0Net charge-offs
$2,787Cash dividends
$203Sale, conversion, retirement of capital stock, net
$1,320Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.94%Yield on earning assets
0.79%Cost of funding earning assets
5.15%Net interest margin
0.88%Noninterest income to earning assets
3.48%Noninterest expense to earning assets
2.26%Net operating income to assets
2.27%Return on assets (ROA)
2.27%Pretax return on assets
12.68%Return on equity (ROE)
6.67%Retained earnings to average equity (YTD only)
0.27%Net charge-offs to loans
61.58%Credit loss provision to net charge-offs
14.26%Efficiency ratio
57,632Assets per employee
4.30%Cash dividends to net income (YTD only)
Condition Ratios (%)
47.36%Loss allowance to loans
1.24%Loss allowance to noncurrent loans
142.90%Noncurrent assets plus other real estate owned to assets
0.52%Noncurrent loans to loans
0.87%Net loans and leases to deposits
70.45%Net loans and leases to core deposits
73.13%Equity capital to assets
18.60%Core capital (leverage) ratio
16.91%Tier 1 risk-based capital ratio
27.49%Total risk-based capital ratio
Memoranda
$29Average assets
$122,650Average earning assets
$21,978Average equity
$113,238Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
7945
The Payne County Bank
202 South Main Street, Perkins, OK 74059
January 08, 1898
Full Service Brick and Mortar
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