FDIC Certificate #: 2308 Status: Active Federal Reserve ID: 184759 Bank Holding Company (Regulatory Top Holder): Fort Cobb Bancshares, Inc. (RSSDID: 1061932, Location: Fort Cobb, OK) Date Established: July 09, 1902 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 #: 1526 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: 204 Hazlett Street, Fort Cobb, OK 73038 County: Caddo 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: $38.0 mil Equity capital: $6.0 mil Deposits held in domestic offices: $32.0 mil Return on assets (ROA): 1.34% ($0.5 mil) Quarterly return on assets: 1.19% ($0.5 mil) Return on Equity (ROE): 8.58% ($0.5 mil) Quarterly return on equity: 7.49% ($0.4 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.71% ($650.2 mil) Quarterly Pretax return on assets: 1.49% ($566.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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)
$38,025Total assets
$3,065Cash and due from depository institutions
$240Interest-bearing balances
$18,780Securities
$871Federal funds sold & reverse repurchase agreements
$14,181Net loans & leases
$96Loan loss allowance
$0Trading account assets
$147Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$38,025Life insurance assets
$981All other assets
$32,012Total liabilities and capital
$31,951Total liabilities
$27,380Total deposits
$31,951Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$61Subordinated debt
$6,013All other liabilities
$6,013Total equity capital
$6,013Total bank equity capital
$0Perpetual preferred stock
$400Common stock
$900Surplus
$4,713Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$175Income earned, not collected on loans
$0Earning assets
$450Long-term assets (5+ years)
$34,072Average Assets, year-to-date
$9,067Average Assets, quarterly
$37,931Volatile liabilities
$38,075Insider loans
$26,691FHLB advances
$38,192Loans and leases held for sale
$31Unused loan commitments
$31Tier 1 (core) risk-based capital
$6,013Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,064Restructured Loans and leases
$101Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,866Total interest income
$319Total interest expense
$1,547Net interest income
$20Provision for loan and lease losses
$204Total noninterest income
$0Fiduciary activities
$120Service charges on deposit accounts
$0Trading account gains & fees
$84Additional noninterest income
$1,097Total noninterest expense
$767Salaries and employee benefits
$96Premises and equipment expense
$234Additional noninterest expense
$634Pre-tax net operating income
$16Securities gains (losses)
$143Applicable income taxes
$507Income before extraordinary items
$0Extraordinary gains - net
$507Net income attributable to bank
$0Net charge-offs
$507Cash dividends
$19Sale, conversion, retirement of capital stock, net
$300Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.47%Yield on earning assets
0.94%Cost of funding earning assets
4.54%Net interest margin
0.60%Noninterest income to earning assets
3.22%Noninterest expense to earning assets
1.30%Net operating income to assets
1.34%Return on assets (ROA)
1.71%Pretax return on assets
8.58%Return on equity (ROE)
3.50%Retained earnings to average equity (YTD only)
0.13%Net charge-offs to loans
105.26%Credit loss provision to net charge-offs
34.42%Efficiency ratio
62,650Assets per employee
3.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
59.17%Loss allowance to loans
0.67%Loss allowance to noncurrent loans
54.86%Noncurrent assets plus other real estate owned to assets
0.46%Noncurrent loans to loans
1.23%Net loans and leases to deposits
44.38%Net loans and leases to core deposits
44.89%Equity capital to assets
15.81%Core capital (leverage) ratio
15.74%Tier 1 risk-based capital ratio
22.53%Total risk-based capital ratio
Memoranda
$23Average assets
$37,931Average earning assets
$5,910Average equity
$34,092Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
1526
Washita Valley Bank
204 Hazlett Street, Fort Cobb, OK 73038
July 09, 1902
Full Service Brick and Mortar
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