FDIC Certificate #: 34605 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Local Oklahoma Bank (#28542) Federal Reserve ID: 2612162 Date Established: December 02, 1997 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 60770 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: December 02, 1997 Last Structure Change Effective Date: November 05, 2002 Last Structure Change Process Date: December 30, 2002 Last Data Update: December 30, 2002 Data Source Date: April 05, 2012
Location
Address: 2200 South Douglas Boulevard, Midwest City, OK 73130 County: Oklahoma 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 Metropolitan Statistical Area (MSA): Oklahoma City, OK (#5880) Combined Statistical Area (CSA): Oklahoma City-Shawnee, OK (#416) Core Based Statistical Area (CBSA): Oklahoma City, OK (#36420) CBSA Metro Statistical Area: Oklahoma City, OK (#36420)
Financial Summary
Total assets: $34.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
14Total employees (full-time equivalent)
$38,496Total assets
$4,952Cash and due from depository institutions
$100Interest-bearing balances
$506Securities
$2,440Federal funds sold & reverse repurchase agreements
$28,153Net loans & leases
$255Loan loss allowance
$0Trading account assets
$1,705Bank premises and fixed assets
$176Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$564All other assets
$38,496Total liabilities and capital
$34,796Total liabilities
$34,742Total deposits
$25,880Interest-bearing deposits
$34,742Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$54All other liabilities
$3,700Total equity capital
$3,700Total bank equity capital
$3,700Perpetual preferred stock
$0Common stock
$1,875Surplus
$1,875Undivided profits
Memoranda
$-50Noncurrent loans and leases
$5,908Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$162Average Assets, year-to-date
$31,199Average Assets, quarterly
$729Volatile liabilities
$31,249Insider loans
$36,509FHLB advances
$4,548Loans and leases held for sale
$1,077Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,908Total unused commitments
$0Restructured Loans and leases
$255Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$1,964Total interest income
$778Total interest expense
$1,186Net interest income
$101Provision for loan and lease losses
$388Total noninterest income
$0Fiduciary activities
$103Service charges on deposit accounts
$0Trading account gains & fees
$285Additional noninterest income
$1,371Total noninterest expense
$726Salaries and employee benefits
$196Premises and equipment expense
$449Additional noninterest expense
$102Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$102Income before extraordinary items
$0Extraordinary gains - net
$102Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$16Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.46%Yield on earning assets
2.96%Cost of funding earning assets
4.50%Net interest margin
1.47%Noninterest income to earning assets
5.21%Noninterest expense to earning assets
0.33%Net operating income to assets
0.33%Return on assets (ROA)
0.33%Pretax return on assets
2.82%Return on equity (ROE)
2.82%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
631.25%Credit loss provision to net charge-offs
12.69%Efficiency ratio
87,103Assets per employee
2.75%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.90%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.46%Noncurrent loans to loans
0.00%Net loans and leases to deposits
81.03%Net loans and leases to core deposits
93.24%Equity capital to assets
9.61%Core capital (leverage) ratio
10.63%Tier 1 risk-based capital ratio
12.76%Total risk-based capital ratio
Memoranda
$14Average assets
$31,249Average earning assets
$3,623Average equity
$26,327Average loans
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