Cleo State Bank in Cleo Springs, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

Cleo State Bank - Overview

  • General
  • FDIC Certificate #: 406
    Status: Active
    Federal Reserve ID: 155759
    Bank Holding Company (Regulatory Top Holder): Cleo Bancshares Inc. (RSSDID: 1052958, Location: Cleo Springs, OK)
    Date Established: October 25, 1900
    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 #: 16947
    FDIC's unique #: 312
    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: 202 South Square, Cleo Springs, OK 73729
    County: Major
    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
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $79.1 mil
    Equity capital: $16.0 mil
    Deposits held in domestic offices: $63.1 mil
    Return on assets (ROA): 2.12% ($1.7 mil)
    Quarterly return on assets: 1.62% ($1.3 mil)
    Return on Equity (ROE): 10.41% ($1.7 mil)
    Quarterly return on equity: 8.10% ($1.3 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 2.12% ($1,677.3 mil)
    Quarterly Pretax return on assets: 1.62% ($1,281.7 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
  • 16Total employees (full-time equivalent)
  • $79,117Total assets
  • $3,684Cash and due from depository institutions
  • $1,529Interest-bearing balances
  • $49,602Securities
  • $3,043Federal funds sold & reverse repurchase agreements
  • $21,454Net loans & leases
  • $370Loan loss allowance
  • $0Trading account assets
  • $218Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $79,117Life insurance assets
  • $1,116All other assets
  • $63,096Total liabilities and capital
  • $63,072Total liabilities
  • $46,250Total deposits
  • $63,072Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $24Subordinated debt
  • $16,021All other liabilities
  • $16,021Total equity capital
  • $16,021Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $3,300Surplus
  • $12,621Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $808Income earned, not collected on loans
  • $0Earning assets
  • $742Long-term assets (5+ years)
  • $75,628Average Assets, year-to-date
  • $39,393Average Assets, quarterly
  • $76,343Volatile liabilities
  • $80,589Insider loans
  • $72,413FHLB advances
  • $80,088Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,494Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,652Restructured Loans and leases
  • $109Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,024Total interest income
  • $335Total interest expense
  • $2,689Net interest income
  • $0Provision for loan and lease losses
  • $429Total noninterest income
  • $0Fiduciary activities
  • $82Service charges on deposit accounts
  • $0Trading account gains & fees
  • $347Additional noninterest income
  • $1,517Total noninterest expense
  • $825Salaries and employee benefits
  • $157Premises and equipment expense
  • $535Additional noninterest expense
  • $1,601Pre-tax net operating income
  • $20Securities gains (losses)
  • $0Applicable income taxes
  • $1,621Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,621Net income attributable to bank
  • $0Net charge-offs
  • $1,621Cash dividends
  • $71Sale, conversion, retirement of capital stock, net
  • $1,245Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.14%Yield on earning assets
  • 0.46%Cost of funding earning assets
  • 3.68%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 2.08%Noninterest expense to earning assets
  • 2.10%Net operating income to assets
  • 2.12%Return on assets (ROA)
  • 2.12%Pretax return on assets
  • 10.41%Return on equity (ROE)
  • 2.42%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 22.55%Efficiency ratio
  • 48,653Assets per employee
  • 4.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 76.80%Loss allowance to loans
  • 1.70%Loss allowance to noncurrent loans
  • 45.79%Noncurrent assets plus other real estate owned to assets
  • 1.02%Noncurrent loans to loans
  • 3.70%Net loans and leases to deposits
  • 34.02%Net loans and leases to core deposits
  • 35.22%Equity capital to assets
  • 20.25%Core capital (leverage) ratio
  • 18.10%Tier 1 risk-based capital ratio
  • 20.02%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $76,343Average earning assets
  • $15,567Average equity
  • $72,998Average loans

List of branches

  • 4 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0312Cleo State Bank202 South Square, Cleo Springs, OK 73729October 25, 1900Full Service Brick and Mortar
    19173Jet BranchFifth And Highway 64, Jet, OK 73749April 11, 1902Full Service Brick and Mortar
    22628Carmen Branch4th & Main Streets, Carmen, OK 73726Febuary 24, 1924Full Service Brick and Mortar
    3454556Meno Guaranty BranchHwy 60 And Main Street, Meno, OK 73760December 30, 2005Full Service Brick and Mortar

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