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

This bank is inactive as of Febuary 27, 1998

  • Bank of Miami in Miami, Oklahoma (OK)
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Bank of Miami - Overview

  • General
  • FDIC Certificate #: 27377
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The First National Bank and Trust Company of Miami (#4148)
    Federal Reserve ID: 1223552
    Date Established: November 10, 1988
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 39705
    Numeric code: 21
    Regulator: FDIC
    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: November 10, 1988
    Last Structure Change Effective Date: Febuary 27, 1998
    Last Structure Change Process Date: March 18, 1998
    Last Data Update: March 18, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 1749 North Main Street, Miami, OK 74354
    County: Ottawa
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Tulsa
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Miami, OK (#33060)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $19.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 13Total employees (full-time equivalent)
  • $19,739Total assets
  • $611Cash and due from depository institutions
  • $0Interest-bearing balances
  • $3,550Securities
  • $625Federal funds sold & reverse repurchase agreements
  • $13,691Net loans & leases
  • $146Loan loss allowance
  • $0Trading account assets
  • $592Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $670All other assets
  • $19,739Total liabilities and capital
  • $18,373Total liabilities
  • $18,211Total deposits
  • $15,638Interest-bearing deposits
  • $18,211Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $162All other liabilities
  • $1,366Total equity capital
  • $1,366Total bank equity capital
  • $1,366Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $560Undivided profits
  • Memoranda
  • $606Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $37Earning assets
  • $0Long-term assets (5+ years)
  • $112Average Assets, year-to-date
  • $17,866Average Assets, quarterly
  • $252Volatile liabilities
  • $19,781Insider loans
  • $19,719FHLB advances
  • $3,676Loans and leases held for sale
  • $339Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $59Total unused commitments
  • $0Restructured Loans and leases
  • $12,254Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $1,648Total interest income
  • $790Total interest expense
  • $858Net interest income
  • $55Provision for loan and lease losses
  • $168Total noninterest income
  • $0Fiduciary activities
  • $130Service charges on deposit accounts
  • $0Trading account gains & fees
  • $38Additional noninterest income
  • $759Total noninterest expense
  • $365Salaries and employee benefits
  • $115Premises and equipment expense
  • $279Additional noninterest expense
  • $212Pre-tax net operating income
  • $0Securities gains (losses)
  • $54Applicable income taxes
  • $158Income before extraordinary items
  • $0Extraordinary gains - net
  • $158Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $47Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.21%Yield on earning assets
  • 4.41%Cost of funding earning assets
  • 4.79%Net interest margin
  • 0.94%Noninterest income to earning assets
  • 4.24%Noninterest expense to earning assets
  • 0.80%Net operating income to assets
  • 0.80%Return on assets (ROA)
  • 1.07%Pretax return on assets
  • 12.30%Return on equity (ROE)
  • 12.30%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 117.02%Credit loss provision to net charge-offs
  • 5.68%Efficiency ratio
  • 73,977Assets per employee
  • 1.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.06%Loss allowance to noncurrent loans
  • 394.59%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.27%Net loans and leases to deposits
  • 75.18%Net loans and leases to core deposits
  • 94.19%Equity capital to assets
  • 6.92%Core capital (leverage) ratio
  • 6.72%Tier 1 risk-based capital ratio
  • 11.15%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $19,781Average earning assets
  • $1,284Average equity
  • $17,898Average loans

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