Cimarron Bank in Waukomis, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 28, 1993

Cimarron Bank in Waukomis, Oklahoma (OK)
Show street view No street view available for this location

Cimarron Bank - Overview

General
FDIC Certificate #: 27395
Status: Inactive
Closing history: Corrections
Acquiring institution: The Bank of Woodward (#12290)
Federal Reserve ID: 1228043
Date Established: December 08, 1988
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 39838
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: December 08, 1988
Last Structure Change Effective Date: May 28, 1993
Last Structure Change Process Date: June 17, 1993
Last Data Update: August 24, 1994
Data Source Date: April 05, 2012
Location
Address: Main Street, Waukomis, OK 73773
County: Garfield
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
Metropolitan Statistical Area (MSA): Enid, OK (#2340)
Core Based Statistical Area (CBSA): Enid, OK (#21420)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $17.2 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$8Total assets
$16,691Cash and due from depository institutions
$619Interest-bearing balances
$0Securities
$10,210Federal funds sold & reverse repurchase agreements
$1,673Net loans & leases
$3,830Loan loss allowance
$102Trading account assets
$0Bank premises and fixed assets
$150Other real estate owned
$8Goodwill and other intangibles
$201Life insurance assets
$0All other assets
$0Total liabilities and capital
$16,691Total liabilities
$15,241Total deposits
$15,092Interest-bearing deposits
$14,090Deposits held in domestic offices
15092.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$149Total equity capital
$149Total bank equity capital
$1,450Perpetual preferred stock
$0Common stock
$400Surplus
$200Undivided profits
Memoranda
$850Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$125Income earned, not collected on loans
$55Earning assets
$15,713Long-term assets (5+ years)
$7,041Average Assets, year-to-date
$16,566Average Assets, quarterly
$16,724Volatile liabilities
$2,308Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,450Total risk weighted assets
$5,973Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$1,142Total interest expense
$619Net interest income
$523Provision for loan and lease losses
$0Total noninterest income
$157Fiduciary activities
$0Service charges on deposit accounts
$122Trading account gains & fees
$0Additional noninterest income
$35Total noninterest expense
$472Salaries and employee benefits
$199Premises and equipment expense
$56Additional noninterest expense
$217Pre-tax net operating income
$208Securities gains (losses)
$0Applicable income taxes
$63Income before extraordinary items
$145Extraordinary gains - net
$0Net income attributable to bank
$145Net charge-offs
$24Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.36%Cost of funding earning assets
3.99%Net interest margin
3.37%Noninterest income to earning assets
1.01%Noninterest expense to earning assets
3.04%Net operating income to assets
0.88%Return on assets (ROA)
0.88%Pretax return on assets
1.26%Return on equity (ROE)
10.46%Retained earnings to average equity (YTD only)
10.46%Net charge-offs to loans
0.71%Credit loss provision to net charge-offs
0.00%Efficiency ratio
69,412Assets per employee
2.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.59%Loss allowance to noncurrent loans
81.60%Noncurrent assets plus other real estate owned to assets
0.80%Noncurrent loans to loans
3.18%Net loans and leases to deposits
25.38%Net loans and leases to core deposits
29.96%Equity capital to assets
8.69%Core capital (leverage) ratio
8.64%Tier 1 risk-based capital ratio
24.27%Total risk-based capital ratio
Memoranda
$26Average assets
$16,566Average earning assets
$1,387Average equity
$15,523Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Cimarron Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.