FDIC Certificate #: 23064 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Bank of Commerce (#13274) Federal Reserve ID: 243254 Date Established: March 03, 1980 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) OTS Docket #: 13541 FDIC's unique #: 16153 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: March 03, 1980 Last Structure Change Effective Date: December 16, 2000 Last Structure Change Process Date: January 02, 2001 Last Data Update: January 02, 2001 Data Source Date: April 05, 2012
Location
Address: 1490 North 66 Highway, Catoosa, OK 74015 County: Rogers 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 Metropolitan Statistical Area (MSA): Tulsa, OK (#8560) Combined Statistical Area (CSA): Tulsa-Bartlesville, OK (#538) Core Based Statistical Area (CBSA): Tulsa, OK (#46140) CBSA Metro Statistical Area: Tulsa, OK (#46140)
Financial Summary
Total assets: $48.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
14Total employees (full-time equivalent)
$41,237Total assets
$1,863Cash and due from depository institutions
$134Interest-bearing balances
$8,266Securities
$7,204Federal funds sold & reverse repurchase agreements
$21,172Net loans & leases
$100Loan loss allowance
$0Trading account assets
$2,081Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$651All other assets
$41,237Total liabilities and capital
$38,780Total liabilities
$38,587Total deposits
$33,755Interest-bearing deposits
$38,587Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$193All other liabilities
$2,457Total equity capital
$2,457Total bank equity capital
$2,457Perpetual preferred stock
$0Common stock
$583Surplus
$1,401Undivided profits
Memoranda
$473Noncurrent loans and leases
$536Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$81Earning assets
$0Long-term assets (5+ years)
$207Average Assets, year-to-date
$36,776Average Assets, quarterly
$3,706Volatile liabilities
$36,045Insider loans
$39,756FHLB advances
$8,691Loans and leases held for sale
$599Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$536Total unused commitments
$0Restructured Loans and leases
$100Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$2,587Total interest income
$1,299Total interest expense
$1,288Net interest income
$45Provision for loan and lease losses
$246Total noninterest income
$0Fiduciary activities
$198Service charges on deposit accounts
$0Trading account gains & fees
$48Additional noninterest income
$1,285Total noninterest expense
$628Salaries and employee benefits
$202Premises and equipment expense
$455Additional noninterest expense
$204Pre-tax net operating income
$0Securities gains (losses)
$104Applicable income taxes
$100Income before extraordinary items
$0Extraordinary gains - net
$100Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$6Sale, conversion, retirement of capital stock, net
$23Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.15%Yield on earning assets
4.09%Cost of funding earning assets
4.06%Net interest margin
0.77%Noninterest income to earning assets
4.05%Noninterest expense to earning assets
0.28%Net operating income to assets
0.28%Return on assets (ROA)
0.57%Pretax return on assets
4.58%Return on equity (ROE)
3.53%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
900.00%Credit loss provision to net charge-offs
41.50%Efficiency ratio
83,768Assets per employee
2.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
23.00%Loss allowance to loans
0.47%Loss allowance to noncurrent loans
123.46%Noncurrent assets plus other real estate owned to assets
0.20%Noncurrent loans to loans
0.38%Net loans and leases to deposits
54.87%Net loans and leases to core deposits
70.82%Equity capital to assets
5.96%Core capital (leverage) ratio
6.32%Tier 1 risk-based capital ratio
10.75%Total risk-based capital ratio
Memoranda
$11Average assets
$36,045Average earning assets
$2,182Average equity
$31,744Average loans
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