First National Bank in Heavener, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank - Overview

  • General
  • FDIC Certificate #: 4111
    Status: Active
    Federal Reserve ID: 195456
    Bank Holding Company (Regulatory Top Holder): Sooner Southwest Bankshares, Inc. (RSSDID: 2411619, Location: Tulsa, OK)
    Date Established: January 01, 1910
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 2681
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    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: 400 East First Street, Heavener, OK 74937
    County: Le Flore
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Tulsa
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Fort Smith, AR-OK (#22900)
    CBSA Metro Statistical Area: Fort Smith, AR-OK (#22900)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $75.2 mil
    Equity capital: $6.8 mil
    Deposits held in domestic offices: $62.1 mil
    Return on assets (ROA): 1.31% ($1.0 mil)
    Quarterly return on assets: 1.54% ($1.2 mil)
    Return on Equity (ROE): 14.60% ($1.0 mil)
    Quarterly return on equity: 16.41% ($1.1 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 2.07% ($1,555.6 mil)
    Quarterly Pretax return on assets: 2.47% ($1,856.2 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
  • 39Total employees (full-time equivalent)
  • $75,150Total assets
  • $10,764Cash and due from depository institutions
  • $8,071Interest-bearing balances
  • $817Securities
  • $7,034Federal funds sold & reverse repurchase agreements
  • $50,173Net loans & leases
  • $1,234Loan loss allowance
  • $0Trading account assets
  • $4,307Bank premises and fixed assets
  • $217Other real estate owned
  • $0Goodwill and other intangibles
  • $75,150Life insurance assets
  • $1,838All other assets
  • $68,313Total liabilities and capital
  • $62,064Total liabilities
  • $46,497Total deposits
  • $62,064Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,000Trading liabilities
  • $0Other borrowed funds
  • $249Subordinated debt
  • $6,837All other liabilities
  • $6,837Total equity capital
  • $6,837Total bank equity capital
  • $0Perpetual preferred stock
  • $2,300Common stock
  • $2,300Surplus
  • $2,237Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $987Income earned, not collected on loans
  • $714Earning assets
  • $413Long-term assets (5+ years)
  • $66,095Average Assets, year-to-date
  • $30,707Average Assets, quarterly
  • $78,601Volatile liabilities
  • $76,291Insider loans
  • $42,967FHLB advances
  • $76,879Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,828Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $807Restructured Loans and leases
  • $55Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,220Total interest income
  • $496Total interest expense
  • $3,724Net interest income
  • $36Provision for loan and lease losses
  • $961Total noninterest income
  • $0Fiduciary activities
  • $855Service charges on deposit accounts
  • $0Trading account gains & fees
  • $106Additional noninterest income
  • $3,024Total noninterest expense
  • $1,768Salaries and employee benefits
  • $524Premises and equipment expense
  • $732Additional noninterest expense
  • $1,625Pre-tax net operating income
  • $0Securities gains (losses)
  • $594Applicable income taxes
  • $1,031Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,031Net income attributable to bank
  • $0Net charge-offs
  • $1,031Cash dividends
  • -$27Sale, conversion, retirement of capital stock, net
  • $950Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.18%Yield on earning assets
  • 0.73%Cost of funding earning assets
  • 5.45%Net interest margin
  • 1.41%Noninterest income to earning assets
  • 4.43%Noninterest expense to earning assets
  • 1.31%Net operating income to assets
  • 1.31%Return on assets (ROA)
  • 2.07%Pretax return on assets
  • 14.60%Return on equity (ROE)
  • 1.15%Retained earnings to average equity (YTD only)
  • -0.05%Net charge-offs to loans
  • -133.33%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 64,546Assets per employee
  • 1.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 92.14%Loss allowance to loans
  • 2.40%Loss allowance to noncurrent loans
  • 125.03%Noncurrent assets plus other real estate owned to assets
  • 1.60%Noncurrent loans to loans
  • 1.92%Net loans and leases to deposits
  • 80.84%Net loans and leases to core deposits
  • 82.86%Equity capital to assets
  • 9.10%Core capital (leverage) ratio
  • 8.88%Tier 1 risk-based capital ratio
  • 15.89%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $78,601Average earning assets
  • $7,060Average equity
  • $68,275Average loans

List of branches

  • 3 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02681First National Bank400 East First Street, Heavener, OK 74937January 01, 1910Full Service Brick and Mortar
    2202307West Branch602 West First Street, Heavener, OK 74937August 18, 1997Limited Service Facility
    3453054Poteau Branch3104 North Broadway, Poteau, OK 74953August 24, 2005Full Service Brick and Mortar

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