FDIC Certificate #: 4039 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Arvest Bank (#8728) Federal Reserve ID: 933854 Date Established: January 01, 1900 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 9 (Interstate: No) OTS Docket #: 9946 FDIC's unique #: 2618 Numeric code: 13 Regulator: FED 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: January 01, 1934 Last Structure Change Effective Date: April 18, 2002 Last Structure Change Process Date: May 03, 2002 Last Data Update: May 03, 2002 Data Source Date: April 05, 2012
Location
Address: 121 West Fourth Street, Bartlesville, OK 74003 County: Washington Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Tulsa Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Combined Statistical Area (CSA): Tulsa-Bartlesville, OK (#538) Core Based Statistical Area (CBSA): Bartlesville, OK (#12780) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $467.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
154Total employees (full-time equivalent)
$478,223Total assets
$20,671Cash and due from depository institutions
$18Interest-bearing balances
$105,880Securities
$39,725Federal funds sold & reverse repurchase agreements
$275,963Net loans & leases
$3,408Loan loss allowance
$0Trading account assets
$7,746Bank premises and fixed assets
$184Other real estate owned
$14,015Goodwill and other intangibles
$0Life insurance assets
$14,039All other assets
$478,223Total liabilities and capital
$429,883Total liabilities
$420,445Total deposits
$355,505Interest-bearing deposits
$420,445Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,719Other borrowed funds
$0Subordinated debt
$7,719All other liabilities
$48,340Total equity capital
$48,340Total bank equity capital
$48,340Perpetual preferred stock
$0Common stock
$2,100Surplus
$43,586Undivided profits
Memoranda
$2,654Noncurrent loans and leases
$75,678Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,457Earning assets
$0Long-term assets (5+ years)
$3,660Average Assets, year-to-date
$421,586Average Assets, quarterly
$50,171Volatile liabilities
$478,632Insider loans
$471,921FHLB advances
$26,590Loans and leases held for sale
$26,826Unused loan commitments
$1,329Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$75,678Total unused commitments
$0Restructured Loans and leases
$3,408Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$30,092Total interest income
$13,359Total interest expense
$16,733Net interest income
$200Provision for loan and lease losses
$10,190Total noninterest income
$0Fiduciary activities
$3,230Service charges on deposit accounts
$0Trading account gains & fees
$6,960Additional noninterest income
$19,538Total noninterest expense
$7,902Salaries and employee benefits
$1,473Premises and equipment expense
$10,163Additional noninterest expense
$7,185Pre-tax net operating income
$0Securities gains (losses)
$2,519Applicable income taxes
$4,666Income before extraordinary items
$0Extraordinary gains - net
$4,666Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$164Sale, conversion, retirement of capital stock, net
$10,815Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.10%Yield on earning assets
3.15%Cost of funding earning assets
3.95%Net interest margin
2.40%Noninterest income to earning assets
4.61%Noninterest expense to earning assets
0.97%Net operating income to assets
0.97%Return on assets (ROA)
1.50%Pretax return on assets
9.25%Return on equity (ROE)
-12.19%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
121.95%Credit loss provision to net charge-offs
45.03%Efficiency ratio
65,925Assets per employee
3.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
231.78%Loss allowance to loans
1.22%Loss allowance to noncurrent loans
138.71%Noncurrent assets plus other real estate owned to assets
0.55%Noncurrent loans to loans
0.88%Net loans and leases to deposits
65.64%Net loans and leases to core deposits
70.00%Equity capital to assets
10.11%Core capital (leverage) ratio
7.18%Tier 1 risk-based capital ratio
10.93%Total risk-based capital ratio
Memoranda
$12Average assets
$478,632Average earning assets
$50,460Average equity
$424,012Average loans
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