Bank of the Wichitas in Snyder, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of the Wichitas - Overview

  • General
  • FDIC Certificate #: 4198
    Status: Active
    Federal Reserve ID: 254652
    Date Established: January 01, 1913
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 16095
    FDIC's unique #: 2751
    Numeric code: 21
    Regulator: FDIC
    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
  • Location
  • Address: 623 E Street, Snyder, OK 73566
    County: Kiowa
    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: $124.9 mil
    Equity capital: $10.9 mil
    Deposits held in domestic offices: $107.4 mil
    Return on assets (ROA): 1.56% ($2.0 mil)
    Quarterly return on assets: 1.67% ($2.1 mil)
    Return on Equity (ROE): 17.57% ($1.9 mil)
    Quarterly return on equity: 18.66% ($2.1 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.56% ($1,947.8 mil)
    Quarterly Pretax return on assets: 1.67% ($2,085.1 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
  • 53Total employees (full-time equivalent)
  • $124,859Total assets
  • $8,515Cash and due from depository institutions
  • $5,173Interest-bearing balances
  • $44,344Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $65,173Net loans & leases
  • $1,117Loan loss allowance
  • $0Trading account assets
  • $1,748Bank premises and fixed assets
  • $516Other real estate owned
  • $16Goodwill and other intangibles
  • $124,859Life insurance assets
  • $4,547All other assets
  • $113,946Total liabilities and capital
  • $107,404Total liabilities
  • $89,836Total deposits
  • $107,404Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 2045.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,000Trading liabilities
  • $0Other borrowed funds
  • $497Subordinated debt
  • $10,913All other liabilities
  • $10,913Total equity capital
  • $10,913Total bank equity capital
  • $0Perpetual preferred stock
  • $795Common stock
  • $4,209Surplus
  • $5,909Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,444Income earned, not collected on loans
  • $0Earning assets
  • $1,050Long-term assets (5+ years)
  • $114,690Average Assets, year-to-date
  • $46,057Average Assets, quarterly
  • $123,593Volatile liabilities
  • $122,497Insider loans
  • $96,899FHLB advances
  • $122,035Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,083Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $720Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,685Total interest income
  • $1,160Total interest expense
  • $5,525Net interest income
  • $534Provision for loan and lease losses
  • $1,299Total noninterest income
  • $0Fiduciary activities
  • $1,159Service charges on deposit accounts
  • $0Trading account gains & fees
  • $140Additional noninterest income
  • $4,358Total noninterest expense
  • $2,091Salaries and employee benefits
  • $505Premises and equipment expense
  • $1,762Additional noninterest expense
  • $1,932Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,932Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,932Net income attributable to bank
  • $0Net charge-offs
  • $1,932Cash dividends
  • $386Sale, conversion, retirement of capital stock, net
  • $1,909Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.90%Yield on earning assets
  • 1.02%Cost of funding earning assets
  • 4.88%Net interest margin
  • 1.15%Noninterest income to earning assets
  • 3.85%Noninterest expense to earning assets
  • 1.56%Net operating income to assets
  • 1.56%Return on assets (ROA)
  • 1.56%Pretax return on assets
  • 17.57%Return on equity (ROE)
  • 0.21%Retained earnings to average equity (YTD only)
  • 0.56%Net charge-offs to loans
  • 138.34%Credit loss provision to net charge-offs
  • 6.39%Efficiency ratio
  • 63,672Assets per employee
  • 2.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 98.81%Loss allowance to loans
  • 1.69%Loss allowance to noncurrent loans
  • 45.70%Noncurrent assets plus other real estate owned to assets
  • 2.37%Noncurrent loans to loans
  • 3.69%Net loans and leases to deposits
  • 60.68%Net loans and leases to core deposits
  • 60.68%Equity capital to assets
  • 8.74%Core capital (leverage) ratio
  • 8.26%Tier 1 risk-based capital ratio
  • 10.41%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $123,593Average earning assets
  • $10,995Average equity
  • $113,237Average loans

List of branches

  • 4 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02751Bank Of The Wichitas623 E Street, Snyder, OK 73566January 01, 1913Full Service Brick and Mortar
    2202376Cache Branch605 South 8th Street, Cache, OK 73527November 25, 1996Full Service Brick and Mortar
    4443570Medicine Park Branch24077 State Hwy 49, Medicine Park, OK 73557July 01, 2004Full Service Brick and Mortar
    5443571Elgin Branch8207 Ushwy 277, Elgin, OK 73538April 15, 2005Full Service Brick and Mortar

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