First American Bank in Purcell, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches


First American Bank - Overview

  • General
  • FDIC Certificate #: 15296
    Status: Active
    Federal Reserve ID: 462756
    Bank Holding Company (Regulatory Top Holder): Consolidated Equity Corporation (RSSDID: 2168922, Location: Norman, OK)
    Date Established: October 28, 1935
    WWW: http://www.bankfab.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 9 (Domestic: 9, Interstate: No)
    OTS Docket #: 13005
    FDIC's unique #: 9638
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 28, 1935
    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: 324 West Main Street, Purcell, OK 73080
    County: Mcclain
    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): Oklahoma City, OK (#5880)
    Combined Statistical Area (CSA): Oklahoma City-Shawnee, OK (#416)
    Core Based Statistical Area (CBSA): Oklahoma City, OK (#36420)
    CBSA Metro Statistical Area: Oklahoma City, OK (#36420)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $310.3 mil
    Equity capital: $25.6 mil
    Deposits held in domestic offices: $283.6 mil
    Return on assets (ROA): 0.61% ($1.9 mil)
    Quarterly return on assets: 0.32% ($1.0 mil)
    Return on Equity (ROE): 7.41% ($1.9 mil)
    Quarterly return on equity: 3.92% ($1.0 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.61% ($1,892.9 mil)
    Quarterly Pretax return on assets: 0.32% ($993.0 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
  • 139Total employees (full-time equivalent)
  • $310,316Total assets
  • $17,959Cash and due from depository institutions
  • $6,036Interest-bearing balances
  • $35,923Securities
  • $40,661Federal funds sold & reverse repurchase agreements
  • $195,057Net loans & leases
  • $2,954Loan loss allowance
  • $0Trading account assets
  • $16,192Bank premises and fixed assets
  • $600Other real estate owned
  • $545Goodwill and other intangibles
  • $310,316Life insurance assets
  • $3,379All other assets
  • $284,709Total liabilities and capital
  • $283,610Total liabilities
  • $195,356Total deposits
  • $283,610Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,099Subordinated debt
  • $25,607All other liabilities
  • $25,607Total equity capital
  • $25,607Total bank equity capital
  • $0Perpetual preferred stock
  • $2,004Common stock
  • $13,996Surplus
  • $9,607Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,288Income earned, not collected on loans
  • $0Earning assets
  • $1,049Long-term assets (5+ years)
  • $277,677Average Assets, year-to-date
  • $27,330Average Assets, quarterly
  • $305,208Volatile liabilities
  • $309,131Insider loans
  • $210,397FHLB advances
  • $306,110Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $24,954Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $25,065Restructured Loans and leases
  • $547Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,550Total interest income
  • $1,609Total interest expense
  • $11,941Net interest income
  • $698Provision for loan and lease losses
  • $3,720Total noninterest income
  • $0Fiduciary activities
  • $1,839Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,881Additional noninterest income
  • $13,099Total noninterest expense
  • $7,462Salaries and employee benefits
  • $1,806Premises and equipment expense
  • $3,831Additional noninterest expense
  • $1,864Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,864Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,864Net income attributable to bank
  • $0Net charge-offs
  • $1,864Cash dividends
  • $216Sale, conversion, retirement of capital stock, net
  • $1,013Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.97%Yield on earning assets
  • 0.59%Cost of funding earning assets
  • 4.38%Net interest margin
  • 1.36%Noninterest income to earning assets
  • 4.80%Noninterest expense to earning assets
  • 0.61%Net operating income to assets
  • 0.61%Return on assets (ROA)
  • 0.61%Pretax return on assets
  • 7.41%Return on equity (ROE)
  • 3.38%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 323.15%Credit loss provision to net charge-offs
  • 11.86%Efficiency ratio
  • 83,641Assets per employee
  • 2.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.35%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 55.86%Noncurrent assets plus other real estate owned to assets
  • 1.90%Noncurrent loans to loans
  • 2.67%Net loans and leases to deposits
  • 68.78%Net loans and leases to core deposits
  • 71.67%Equity capital to assets
  • 8.25%Core capital (leverage) ratio
  • 8.15%Tier 1 risk-based capital ratio
  • 11.86%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $305,208Average earning assets
  • $25,172Average equity
  • $272,869Average loans

List of branches

  • 9 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09638First American Bank324 West Main Street, Purcell, OK 73080October 28, 1935Full Service Brick and Mortar
    2233634Norman Highway 9 West Banking Center4925 Se 44th St, Newcastle, OK 73065October 14, 1997Full Service Brick and Mortar
    3233635Norman East Banking Center801 12th Avenue Northeast, Norman, OK 73069November 23, 1998Full Service Brick and Mortar
    46317Taloga Banking CenterBroadway And Main, Taloga, OK 73667January 01, 1929Full Service Brick and Mortar
    5357058Maysville Banking Center317 6th Street, Maysville, OK 73057November 01, 1999Full Service Brick and Mortar
    616065Woodward Banking Center2220 Oklahoma Avenue, Woodward, OK 73801September 29, 1979Full Service Brick and Mortar
    7365284Moore Riverwalk Banking Center Branc2101 S I-35 Frontage Road, Moore, OK 73160October 20, 2001Full Service Brick and Mortar
    8418623Norman Nw 24th Banking Center570 Northwest 24th Avenue, Norman, OK 73070March 03, 2003Full Service Brick and Mortar
    10473035Oklahoma City South Western Banking10731 South Western Avenue, Oklahoma City, OK 73170March 10, 2008Full Service Brick and Mortar

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