United Community Bank in Weatherford, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1994

United Community Bank in Weatherford, Oklahoma (OK)
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United Community Bank - Overview

General
FDIC Certificate #: 25607
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: BancFirst (#27476)
Federal Reserve ID: 293857
Date Established: September 21, 1984
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 17539
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: September 21, 1984
Last Structure Change Effective Date: January 01, 1994
Last Structure Change Process Date: January 26, 1994
Last Data Update: January 26, 1994
Data Source Date: April 05, 2012
Location
Address: 122 North Broadway, Weatherford, OK 73096
County: Custer
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
Core Based Statistical Area (CBSA): Weatherford, OK (#48220)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $34.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$17Total assets
$34,488Cash and due from depository institutions
$2,485Interest-bearing balances
$0Securities
$16,751Federal funds sold & reverse repurchase agreements
$500Net loans & leases
$13,341Loan loss allowance
$237Trading account assets
$0Bank premises and fixed assets
$922Other real estate owned
$0Goodwill and other intangibles
$489Life insurance assets
$0All other assets
$0Total liabilities and capital
$34,488Total liabilities
$30,983Total deposits
$30,858Interest-bearing deposits
$26,548Deposits held in domestic offices
30858.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$125Total equity capital
$125Total bank equity capital
$3,505Perpetual preferred stock
$0Common stock
$1,500Surplus
$1,500Undivided profits
Memoranda
$505Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$44Income earned, not collected on loans
$260Earning assets
$30,592Long-term assets (5+ years)
$745Average Assets, year-to-date
$34,231Average Assets, quarterly
$34,196Volatile liabilities
$2,244Insider loans
$842FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$746Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,505Total risk weighted assets
$15,374Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$2,385Total interest expense
$862Net interest income
$1,523Provision for loan and lease losses
$41Total noninterest income
$336Fiduciary activities
$0Service charges on deposit accounts
$290Trading account gains & fees
$0Additional noninterest income
$46Total noninterest expense
$1,052Salaries and employee benefits
$489Premises and equipment expense
$129Additional noninterest expense
$434Pre-tax net operating income
$766Securities gains (losses)
$0Applicable income taxes
$270Income before extraordinary items
$496Extraordinary gains - net
$0Net income attributable to bank
$496Net charge-offs
$22Cash dividends
$210Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.68%Cost of funding earning assets
2.78%Net interest margin
4.91%Noninterest income to earning assets
1.08%Noninterest expense to earning assets
3.39%Net operating income to assets
1.45%Return on assets (ROA)
1.45%Pretax return on assets
2.24%Return on equity (ROE)
14.70%Retained earnings to average equity (YTD only)
8.47%Net charge-offs to loans
0.17%Credit loss provision to net charge-offs
186.36%Efficiency ratio
56,590Assets per employee
2.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
42.34%Loss allowance to loans
1.75%Loss allowance to noncurrent loans
538.64%Noncurrent assets plus other real estate owned to assets
0.13%Noncurrent loans to loans
0.32%Net loans and leases to deposits
43.23%Net loans and leases to core deposits
46.62%Equity capital to assets
10.16%Core capital (leverage) ratio
10.22%Tier 1 risk-based capital ratio
22.80%Total risk-based capital ratio
Memoranda
$24Average assets
$34,231Average earning assets
$3,375Average equity
$31,035Average loans

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