Bank of Western Oklahoma in Elk City, Oklahoma (OK)



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Bank of Western Oklahoma routing number info

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Bank of Western Oklahoma
GeneralFDIC Certificate #: 4087
Status: Active
Federal Reserve ID: 175056
Bank Holding Company (Regulatory Top Holder): Western Oklahoma Bancshares, Inc. (RSSDID: 1062706, Location: Elk City, OK)
Date Established: April 01, 1908
WWW: http://www.bankofwesternoklahoma.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 6 (Domestic: 6, Interstate: No)
FDIC's unique #: 2660
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural 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
LocationAddress: 201 East Broadway Street, Elk City, OK 73644
County: Beckham
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
Core Based Statistical Area (CBSA): Elk City, OK (#21120)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $238.7 mil
Equity capital: $16.9 mil
Deposits held in domestic offices: $221.3 mil
Return on assets (ROA): 0.85% ($2.0 mil)
Quarterly return on assets: 1.15% ($2.7 mil)
Return on Equity (ROE): 11.76% ($2.0 mil)
Quarterly return on equity: 16.19% ($2.8 mil)
Net income: $1.9 mil
Quarterly Net income: $0.7 mil
Pretax return on assets: 0.85% ($2,028.8 mil)
Quarterly Pretax return on assets: 1.15% ($2,744.9 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)
Total employees (full-time equivalent)69
Total assets$238,684
Cash and due from depository institutions$15,114
Interest-bearing balances$7,563
Securities$52,817
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$157,418
Loan loss allowance $1,291
Trading account assets$0
Bank premises and fixed assets$7,682
Other real estate owned$0
Goodwill and other intangibles$2,434
All other assets$3,219
Life insurance assets$238,684
Total liabilities and capital$221,809
Total liabilities$221,290
Total deposits$172,582
Interest-bearing deposits$221,290
Deposits held in domestic offices$85
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $519
All other liabilities $16,875
Total equity capital$16,875
Total bank equity capital$16,875
Perpetual preferred stock$0
Common stock$660
Surplus$11,292
Undivided profits $4,923
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,423
Earning assets $0
Long-term assets (5+ years) $1,664
Average Assets, year-to-date $217,798
Average Assets, quarterly $40,098
Volatile liabilities $228,614
Insider loans $234,826
FHLB advances $154,298
Loans and leases held for sale $231,948
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $14,420
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $16,270
Derivatives$845
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $9,270
Total interest expense $1,673
Net interest income $7,597
Provision for loan and lease losses $32
Total noninterest income $1,034
Fiduciary activities $0
Service charges on deposit accounts $710
Trading account gains & fees $0
Additional noninterest income $324
Total noninterest expense $6,666
Salaries and employee benefits $3,236
Premises and equipment expense $1,273
Additional noninterest expense $2,157
Pre-tax net operating income $1,933
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $1,933
Extraordinary gains - net $0
Net income attributable to bank $1,933
Net charge-offs $0
Cash dividends $1,933
Sale, conversion, retirement of capital stock, net $146
Net operating income $1,183
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.45%
Cost of funding earning assets 0.80%
Net interest margin 3.64%
Noninterest income to earning assets 0.50%
Noninterest expense to earning assets 3.20%
Net operating income to assets 0.85%
Return on assets (ROA) 0.85%
Pretax return on assets 0.85%
Return on equity (ROE) 11.76%
Retained earnings to average equity (YTD only) 4.56%
Net charge-offs to loans 0.10%
Credit loss provision to net charge-offs 21.92%
Efficiency ratio13.46%
Assets per employee$77,233
Cash dividends to net income (YTD only)3.46%
Condition Ratios (%)
Loss allowance to loans 61.20%
Loss allowance to noncurrent loans 0.81%
Noncurrent assets plus other real estate owned to assets 90.72%
Noncurrent loans to loans 0.60%
Net loans and leases to deposits0.90%
Net loans and leases to core deposits 71.14%
Equity capital to assets 76.34%
Core capital (leverage) ratio 7.07%
Tier 1 risk-based capital ratio 6.22%
Total risk-based capital ratio 9.35%
Memoranda
Average assets$10
Average earning assets$228,614
Average equity $16,439
Average loans $208,534
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6 Oklahoma Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
02660Bank Of Western Oklahoma201 East Broadway Street, Elk City, OK 73644April 01, 1908Full Service Brick and Mortar
2286398Vici Branch300 East Broadway, Vici, OK 73859October 22, 1979Full Service Brick and Mortar
32673Geary Branch101 West Main, Geary, OK 73040May 25, 1898Full Service Brick and Mortar
417100Weatherford Branch115 North Custer, Weatherford, OK 73096July 22, 1983Full Service Brick and Mortar
52643North College Branch116 North College Street, Cordell, OK 73632March 02, 1903Full Service Brick and Mortar
64553492805 Williams Avenue Branch2805 Williams Avenue, Woodward, OK 73802September 06, 2006Full Service Brick and Mortar
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