First Bank & Trust Co. in Duncan, Oklahoma (OK)



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First Bank & Trust Co. routing number info

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First Bank & Trust Co.
GeneralFDIC Certificate #: 27394
Status: Active
Federal Reserve ID: 1228034
Date Established: December 08, 1988
WWW: http://www.1stbanknet.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 10 (Domestic: 10, Interstate: No)
FDIC's unique #: 39837
Numeric code: 21
Regulator: FDIC
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: December 08, 1988
Last Structure Change Effective Date: April 11, 2008
Last Structure Change Process Date: April 16, 2008
Last Data Update: April 16, 2008
Data Source Date: April 05, 2012
LocationAddress: 923-925 Main Street, Duncan, OK 73533
County: Stephens
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): Duncan, OK (#20340)
CBSA Micro Statistical Area: Yes
History of ChangesParticipated in Absorption/Consolidation/Merger
Financial SummaryTotal assets: $489.9 mil
Equity capital: $58.9 mil
Deposits held in domestic offices: $430.5 mil
Return on assets (ROA): 1.33% ($6.5 mil)
Quarterly return on assets: 1.79% ($8.8 mil)
Return on Equity (ROE): 12.00% ($7.1 mil)
Quarterly return on equity: 15.89% ($9.4 mil)
Net income: $6.8 mil
Quarterly Net income: $2.3 mil
Pretax return on assets: 1.33% ($6,515.9 mil)
Quarterly Pretax return on assets: 1.79% ($8,769.5 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)152
Total assets$489,917
Cash and due from depository institutions$77,968
Interest-bearing balances$74,974
Securities$36,886
Federal funds sold & reverse repurchase agreements$17,635
Net loans & leases$330,251
Loan loss allowance $4,022
Trading account assets$0
Bank premises and fixed assets$14,525
Other real estate owned$6,612
Goodwill and other intangibles$811
All other assets$5,229
Life insurance assets$489,917
Total liabilities and capital$431,055
Total liabilities$430,538
Total deposits$328,818
Interest-bearing deposits$430,538
Deposits held in domestic offices$75
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $517
All other liabilities $58,862
Total equity capital$58,862
Total bank equity capital$58,862
Perpetual preferred stock$0
Common stock$1,229
Surplus$1,364
Undivided profits $56,269
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 $11,264
Earning assets $0
Long-term assets (5+ years) $2,138
Average Assets, year-to-date $459,746
Average Assets, quarterly $1,283
Volatile liabilities $513,914
Insider loans $513,804
FHLB advances $332,945
Loans and leases held for sale $509,977
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $57,943
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $26,028
Derivatives$1,450
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $21,669
Total interest expense $2,880
Net interest income $18,789
Provision for loan and lease losses $1,896
Total noninterest income $4,354
Fiduciary activities $337
Service charges on deposit accounts $2,064
Trading account gains & fees $0
Additional noninterest income $1,953
Total noninterest expense $14,433
Salaries and employee benefits $7,417
Premises and equipment expense $2,376
Additional noninterest expense $4,640
Pre-tax net operating income $6,814
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $6,814
Extraordinary gains - net $0
Net income attributable to bank $6,814
Net charge-offs $0
Cash dividends $6,814
Sale, conversion, retirement of capital stock, net $1,403
Net operating income $3,508
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.49%
Cost of funding earning assets 0.60%
Net interest margin 3.89%
Noninterest income to earning assets 0.90%
Noninterest expense to earning assets 2.99%
Net operating income to assets 1.33%
Return on assets (ROA) 1.33%
Pretax return on assets 1.33%
Return on equity (ROE) 12.00%
Retained earnings to average equity (YTD only) 5.82%
Net charge-offs to loans 0.41%
Credit loss provision to net charge-offs 135.14%
Efficiency ratio6.21%
Assets per employee$61,764
Cash dividends to net income (YTD only)3.22%
Condition Ratios (%)
Loss allowance to loans 51.48%
Loss allowance to noncurrent loans 1.20%
Noncurrent assets plus other real estate owned to assets 35.71%
Noncurrent loans to loans 3.65%
Net loans and leases to deposits3.37%
Net loans and leases to core deposits 76.71%
Equity capital to assets 87.63%
Core capital (leverage) ratio 12.01%
Tier 1 risk-based capital ratio 11.36%
Total risk-based capital ratio 17.40%
Memoranda
Average assets$19
Average earning assets$513,914
Average equity $56,804
Average loans $483,094
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$81,523
Number of Accounts1
Personal trust and agency accounts$58,976
Employee benefit-defined contribution accounts$9,210
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$6,633
Investment management agency accounts$0
Other fiduciary accounts$43,133
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts177
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$6,628
Employee benefit-defined benefit accounts$0
Other retirement accounts$22,547
Corporate trust and agency accounts$0
Other fiduciary accounts$18,792
Fiduciary accounts held in foreign offices$405
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10 Oklahoma Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
039837First Bank & Trust Co.923-925 Main Street, Duncan, OK 73533December 08, 1988Full Service Brick and Mortar
3202283Drive-In Branch10th And Oak Streets, Duncan, OK 73533August 28, 1974Limited Service Facility
5261926Duncan Branch1521 W Plato, Duncan, OK 73533December 08, 1988Full Service Brick and Mortar
6335Healdton Branch313 West Main Street, Healdton, OK 73438January 01, 1917Full Service Brick and Mortar
713090Ardmore Branch301 West Main Street, Ardmore, OK 73401November 09, 1964Full Service Brick and Mortar
9424629Norman Branch2330 36th Avenue Northwest, Norman, OK 73072August 18, 2003Full Service Brick and Mortar
10452393Ardmore West Branch1720 Mclish, Ardmore, OK 73401December 17, 1999Full Service Retail
11467633Norman-Alameda Branch2400 Alameda, Norman, OK 73071July 17, 2006Full Service Brick and Mortar
122772The Waurika National Bank Branch101 North Main Street, Waurika, OK 73573November 16, 1907Full Service Brick and Mortar
13493777Ardmore East Sam Noble Branch1321 Sam Noble Parkway, Ardmore, OK 73401November 01, 2008Full Service Brick and Mortar
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