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


Bank of Cordell - Overview

  • General
  • FDIC Certificate #: 9875
    Status: Active
    Federal Reserve ID: 464853
    Bank Holding Company (Regulatory Top Holder): Rocky Financial Corporation (RSSDID: 1063833, Location: Cordell, OK)
    Date Established: May 29, 1902
    WWW: http://www.bankofcordell.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)
    OTS Docket #: 11655
    FDIC's unique #: 6316
    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: Commercial Lending 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: 808 North Glenn English, Cordell, OK 73632
    County: Washita
    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: $35.8 mil
    Equity capital: $3.0 mil
    Deposits held in domestic offices: $30.0 mil
    Return on assets (ROA): 1.34% ($0.5 mil)
    Quarterly return on assets: 1.32% ($0.5 mil)
    Return on Equity (ROE): 15.53% ($0.5 mil)
    Quarterly return on equity: 15.74% ($0.5 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.34% ($479.5 mil)
    Quarterly Pretax return on assets: 1.32% ($472.4 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
  • 9Total employees (full-time equivalent)
  • $35,787Total assets
  • $1,156Cash and due from depository institutions
  • $945Interest-bearing balances
  • $1,138Securities
  • $1,609Federal funds sold & reverse repurchase agreements
  • $30,373Net loans & leases
  • $213Loan loss allowance
  • $0Trading account assets
  • $408Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $35,787Life insurance assets
  • $1,103All other assets
  • $32,775Total liabilities and capital
  • $30,048Total liabilities
  • $26,759Total deposits
  • $30,048Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,200Trading liabilities
  • $0Other borrowed funds
  • $527Subordinated debt
  • $3,012All other liabilities
  • $3,012Total equity capital
  • $3,012Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $1,300Surplus
  • $1,612Undivided 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
  • $293Long-term assets (5+ years)
  • $34,065Average Assets, year-to-date
  • $9,008Average Assets, quarterly
  • $34,373Volatile liabilities
  • $36,169Insider loans
  • $18,827FHLB advances
  • $36,038Loans and leases held for sale
  • $516Unused loan commitments
  • $516Tier 1 (core) risk-based capital
  • $3,049Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,580Restructured Loans and leases
  • $35Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,379Total interest income
  • $250Total interest expense
  • $1,129Net interest income
  • $15Provision for loan and lease losses
  • $226Total noninterest income
  • $0Fiduciary activities
  • $142Service charges on deposit accounts
  • $0Trading account gains & fees
  • $84Additional noninterest income
  • $878Total noninterest expense
  • $408Salaries and employee benefits
  • $73Premises and equipment expense
  • $397Additional noninterest expense
  • $462Pre-tax net operating income
  • -$3Securities gains (losses)
  • $0Applicable income taxes
  • $459Income before extraordinary items
  • $0Extraordinary gains - net
  • $459Net income attributable to bank
  • $0Net charge-offs
  • $459Cash dividends
  • -$1Sale, conversion, retirement of capital stock, net
  • $235Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.24%Yield on earning assets
  • 0.77%Cost of funding earning assets
  • 3.47%Net interest margin
  • 0.69%Noninterest income to earning assets
  • 2.70%Noninterest expense to earning assets
  • 1.34%Net operating income to assets
  • 1.34%Return on assets (ROA)
  • 1.34%Pretax return on assets
  • 15.53%Return on equity (ROE)
  • 7.58%Retained earnings to average equity (YTD only)
  • -0.00%Net charge-offs to loans
  • -1500.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 64,797Assets per employee
  • 3.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.20%Loss allowance to loans
  • 0.70%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 101.08%Net loans and leases to core deposits
  • 114.74%Equity capital to assets
  • 8.42%Core capital (leverage) ratio
  • 8.46%Tier 1 risk-based capital ratio
  • 16.19%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $34,373Average earning assets
  • $2,956Average equity
  • $32,556Average loans

List of branches

  • 1 Oklahoma Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06316Bank Of Cordell808 North Glenn English, Cordell, OK 73632May 29, 1902Full Service Brick and Mortar

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