Bank of Commerce in Chouteau, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches


Bank of Commerce - Overview

  • General
  • FDIC Certificate #: 19829
    Status: Active
    Federal Reserve ID: 944551
    Bank Holding Company (Regulatory Top Holder): Boc Banshares, Inc. (RSSDID: 1417427, Location: Chouteau, OK)
    Date Established: July 01, 1968
    WWW: http://www.chouteauboc.com
    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 #: 13622
    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: July 01, 1968
    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: 201-207 Main Street, Chouteau, OK 74337
    County: Mayes
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $31.4 mil
    Equity capital: $2.9 mil
    Deposits held in domestic offices: $28.5 mil
    Return on assets (ROA): 1.32% ($0.4 mil)
    Quarterly return on assets: 3.23% ($1.0 mil)
    Return on Equity (ROE): 15.01% ($0.5 mil)
    Quarterly return on equity: 35.07% ($1.1 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.32% ($414.4 mil)
    Quarterly Pretax return on assets: 3.23% ($1,014.1 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
  • 17Total employees (full-time equivalent)
  • $31,397Total assets
  • $4,167Cash and due from depository institutions
  • $3,460Interest-bearing balances
  • $3,410Securities
  • $376Federal funds sold & reverse repurchase agreements
  • $21,336Net loans & leases
  • $424Loan loss allowance
  • $0Trading account assets
  • $1,163Bank premises and fixed assets
  • $538Other real estate owned
  • $0Goodwill and other intangibles
  • $31,397Life insurance assets
  • $407All other assets
  • $28,509Total liabilities and capital
  • $28,465Total liabilities
  • $21,300Total deposits
  • $28,465Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $44Subordinated debt
  • $2,888All other liabilities
  • $2,888Total equity capital
  • $2,888Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $400Surplus
  • $2,088Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $279Income earned, not collected on loans
  • $0Earning assets
  • $168Long-term assets (5+ years)
  • $28,582Average Assets, year-to-date
  • $14,696Average Assets, quarterly
  • $32,540Volatile liabilities
  • $31,598Insider loans
  • $20,029FHLB advances
  • $31,860Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,888Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $802Restructured Loans and leases
  • $936Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,916Total interest income
  • $177Total interest expense
  • $1,739Net interest income
  • $42Provision for loan and lease losses
  • $226Total noninterest income
  • $0Fiduciary activities
  • $161Service charges on deposit accounts
  • $0Trading account gains & fees
  • $65Additional noninterest income
  • $1,494Total noninterest expense
  • $776Salaries and employee benefits
  • $229Premises and equipment expense
  • $489Additional noninterest expense
  • $429Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $429Income before extraordinary items
  • $0Extraordinary gains - net
  • $429Net income attributable to bank
  • $0Net charge-offs
  • $429Cash dividends
  • $38Sale, conversion, retirement of capital stock, net
  • $376Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.52%Yield on earning assets
  • 0.60%Cost of funding earning assets
  • 5.92%Net interest margin
  • 0.77%Noninterest income to earning assets
  • 5.09%Noninterest expense to earning assets
  • 1.32%Net operating income to assets
  • 1.32%Return on assets (ROA)
  • 1.32%Pretax return on assets
  • 15.01%Return on equity (ROE)
  • 1.85%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 110.53%Credit loss provision to net charge-offs
  • 12.39%Efficiency ratio
  • 76,031Assets per employee
  • 1.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 87.65%Loss allowance to loans
  • 1.95%Loss allowance to noncurrent loans
  • 151.97%Noncurrent assets plus other real estate owned to assets
  • 2.60%Noncurrent loans to loans
  • 1.28%Net loans and leases to deposits
  • 74.96%Net loans and leases to core deposits
  • 79.16%Equity capital to assets
  • 9.20%Core capital (leverage) ratio
  • 9.06%Tier 1 risk-based capital ratio
  • 14.42%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $32,540Average earning assets
  • $2,859Average equity
  • $29,377Average loans

List of branches

  • 1 Oklahoma Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013622Bank Of Commerce201-207 Main Street, Chouteau, OK 74337July 01, 1968Full Service Brick and Mortar

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