FDIC Certificate #: 14260 Status: Active Federal Reserve ID: 536853 Date Established: April 14, 1934 Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 8907 Numeric code: 21 Regulator: FDIC 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: April 14, 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: 201 North Broadway, Walters, OK 73572 County: Cotton 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: $56.0 mil Equity capital: $13.0 mil Deposits held in domestic offices: $42.9 mil Return on assets (ROA): 0.81% ($0.5 mil) Quarterly return on assets: -1.07% (-$0.6 mil) Return on Equity (ROE): 3.45% ($0.4 mil) Quarterly return on equity: -4.51% (-$0.6 mil) Net income: $0.4 mil Quarterly Net income: -$0.1 mil Pretax return on assets: 0.81% ($453.5 mil) Quarterly Pretax return on assets: -1.07% (-$599.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
16Total employees (full-time equivalent)
$55,989Total assets
$10,497Cash and due from depository institutions
$8,350Interest-bearing balances
$22,212Securities
$318Federal funds sold & reverse repurchase agreements
$22,160Net loans & leases
$438Loan loss allowance
$0Trading account assets
$164Bank premises and fixed assets
$133Other real estate owned
$0Goodwill and other intangibles
$55,989Life insurance assets
$505All other assets
$42,950Total liabilities and capital
$42,917Total liabilities
$33,394Total deposits
$42,917Interest-bearing deposits
$87Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$33Subordinated debt
$13,039All other liabilities
$13,039Total equity capital
$13,039Total bank equity capital
$0Perpetual preferred stock
$1,107Common stock
$1,107Surplus
$10,825Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$459Long-term assets (5+ years)
$53,040Average Assets, year-to-date
$6,450Average Assets, quarterly
$55,167Volatile liabilities
$55,394Insider loans
$20,518FHLB advances
$55,394Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$11,947Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,595Restructured Loans and leases
$25Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,272Total interest income
$189Total interest expense
$2,083Net interest income
$100Provision for loan and lease losses
$246Total noninterest income
$5Fiduciary activities
$203Service charges on deposit accounts
$0Trading account gains & fees
$38Additional noninterest income
$1,784Total noninterest expense
$1,137Salaries and employee benefits
$125Premises and equipment expense
$522Additional noninterest expense
$445Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$445Income before extraordinary items
$0Extraordinary gains - net
$445Net income attributable to bank
$0Net charge-offs
$445Cash dividends
$42Sale, conversion, retirement of capital stock, net
$391Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.35%Yield on earning assets
0.36%Cost of funding earning assets
3.99%Net interest margin
0.47%Noninterest income to earning assets
3.41%Noninterest expense to earning assets
0.81%Net operating income to assets
0.81%Return on assets (ROA)
0.81%Pretax return on assets
3.45%Return on equity (ROE)
0.42%Retained earnings to average equity (YTD only)
0.19%Net charge-offs to loans
238.10%Credit loss provision to net charge-offs
12.98%Efficiency ratio
76,599Assets per employee
3.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
87.87%Loss allowance to loans
1.94%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.00%Net loans and leases to deposits
51.63%Net loans and leases to core deposits
54.11%Equity capital to assets
23.29%Core capital (leverage) ratio
21.57%Tier 1 risk-based capital ratio
58.23%Total risk-based capital ratio
Memoranda
$59Average assets
$55,167Average earning assets
$12,885Average equity
$52,250Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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