FDIC Certificate #: 13551 Status: Active Federal Reserve ID: 354851 Bank Holding Company (Regulatory Top Holder): State Exchange Bancshares, Inc. (RSSDID: 1062500, Location: Lamont, OK) Date Established: October 01, 1901 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 #: 8473 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: 101 South Main Street, Lamont, OK 74643 County: Grant 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
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $55.1 mil Equity capital: $5.8 mil Deposits held in domestic offices: $42.9 mil Return on assets (ROA): 0.94% ($0.5 mil) Quarterly return on assets: 0.71% ($0.4 mil) Return on Equity (ROE): 10.07% ($0.6 mil) Quarterly return on equity: 7.04% ($0.4 mil) Net income: $0.6 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.55% ($853.8 mil) Quarterly Pretax return on assets: 1.15% ($633.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
12Total employees (full-time equivalent)
$55,085Total assets
$13,598Cash and due from depository institutions
$12,470Interest-bearing balances
$4,635Securities
$0Federal funds sold & reverse repurchase agreements
$34,779Net loans & leases
$1,529Loan loss allowance
$0Trading account assets
$55Bank premises and fixed assets
$100Other real estate owned
$0Goodwill and other intangibles
$55,085Life insurance assets
$1,918All other assets
$49,284Total liabilities and capital
$42,869Total liabilities
$31,566Total deposits
$42,869Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,350Trading liabilities
$0Other borrowed funds
$65Subordinated debt
$5,801All other liabilities
$5,801Total equity capital
$5,801Total bank equity capital
$0Perpetual preferred stock
$250Common stock
$2,150Surplus
$3,401Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,946Income earned, not collected on loans
$0Earning assets
$616Long-term assets (5+ years)
$51,884Average Assets, year-to-date
$17,724Average Assets, quarterly
$59,207Volatile liabilities
$56,834Insider loans
$33,104FHLB advances
$56,952Loans and leases held for sale
$350Unused loan commitments
$350Tier 1 (core) risk-based capital
$5,781Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,907Restructured Loans and leases
$3Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,963Total interest income
$627Total interest expense
$2,336Net interest income
$0Provision for loan and lease losses
$235Total noninterest income
$0Fiduciary activities
$35Service charges on deposit accounts
$0Trading account gains & fees
$200Additional noninterest income
$1,659Total noninterest expense
$842Salaries and employee benefits
$79Premises and equipment expense
$738Additional noninterest expense
$912Pre-tax net operating income
$6Securities gains (losses)
$360Applicable income taxes
$558Income before extraordinary items
$0Extraordinary gains - net
$558Net income attributable to bank
$0Net charge-offs
$558Cash dividends
$152Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.28%Yield on earning assets
1.12%Cost of funding earning assets
4.17%Net interest margin
0.42%Noninterest income to earning assets
2.96%Noninterest expense to earning assets
0.94%Net operating income to assets
0.94%Return on assets (ROA)
1.55%Pretax return on assets
10.07%Return on equity (ROE)
10.07%Retained earnings to average equity (YTD only)
0.40%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
6.00%Efficiency ratio
64,527Assets per employee
4.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.21%Loss allowance to noncurrent loans
78.57%Noncurrent assets plus other real estate owned to assets
3.71%Noncurrent loans to loans
5.36%Net loans and leases to deposits
81.13%Net loans and leases to core deposits
84.53%Equity capital to assets
10.53%Core capital (leverage) ratio
10.15%Tier 1 risk-based capital ratio
17.46%Total risk-based capital ratio
Memoranda
$19Average assets
$59,207Average earning assets
$5,541Average equity
$56,074Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8473
The State Exchange Bank
101 South Main Street, Lamont, OK 74643
October 01, 1901
Full Service Brick and Mortar
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