FDIC Certificate #: 12757 Status: Active Federal Reserve ID: 513854 Date Established: January 01, 1911 WWW:http://www.fsbvalliant.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 14420 FDIC's unique #: 8082 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: All Other Specialization < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: December 01, 2011 Last Structure Change Process Date: December 01, 2011 Last Data Update: December 01, 2011 Data Source Date: April 05, 2012
Location
Address: Dalton Avenue And Harris Street, Valliant, OK 74764 County: Mccurtain 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
Financial Summary
Total assets: $49.6 mil Equity capital: $4.8 mil Deposits held in domestic offices: $43.6 mil Return on assets (ROA): -0.66% (-$0.3 mil) Quarterly return on assets: -1.01% (-$0.5 mil) Return on Equity (ROE): -7.08% (-$0.4 mil) Quarterly return on equity: -10.60% (-$0.5 mil) Net income: -$0.3 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -0.66% (-$327.4 mil) Quarterly Pretax return on assets: -1.01% (-$501.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
21Total employees (full-time equivalent)
$49,612Total assets
$7,291Cash and due from depository institutions
$5,636Interest-bearing balances
$11,614Securities
$0Federal funds sold & reverse repurchase agreements
$28,763Net loans & leases
$1,350Loan loss allowance
$0Trading account assets
$280Bank premises and fixed assets
$398Other real estate owned
$0Goodwill and other intangibles
$49,613Life insurance assets
$1,266All other assets
$44,830Total liabilities and capital
$43,626Total liabilities
$32,898Total deposits
$43,626Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,000Trading liabilities
$0Other borrowed funds
$204Subordinated debt
$4,783All other liabilities
$4,783Total equity capital
$4,783Total bank equity capital
$0Perpetual preferred stock
$184Common stock
$854Surplus
$3,745Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$447Income earned, not collected on loans
$0Earning assets
$268Long-term assets (5+ years)
$46,013Average Assets, year-to-date
$22,384Average Assets, quarterly
$52,822Volatile liabilities
$50,580Insider loans
$28,223FHLB advances
$50,521Loans and leases held for sale
$483Unused loan commitments
$483Tier 1 (core) risk-based capital
$4,535Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$493Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,320Total interest income
$398Total interest expense
$2,922Net interest income
$1,087Provision for loan and lease losses
$232Total noninterest income
$0Fiduciary activities
$185Service charges on deposit accounts
$0Trading account gains & fees
$47Additional noninterest income
$2,415Total noninterest expense
$1,257Salaries and employee benefits
$162Premises and equipment expense
$996Additional noninterest expense
-$348Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$348Income before extraordinary items
$0Extraordinary gains - net
-$348Net income attributable to bank
$0Net charge-offs
-$348Cash dividends
$1,495Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.73%Yield on earning assets
0.81%Cost of funding earning assets
5.92%Net interest margin
0.47%Noninterest income to earning assets
4.89%Noninterest expense to earning assets
-0.66%Net operating income to assets
-0.66%Return on assets (ROA)
-0.66%Pretax return on assets
-7.08%Return on equity (ROE)
-7.08%Retained earnings to average equity (YTD only)
4.04%Net charge-offs to loans
72.71%Credit loss provision to net charge-offs
0.49%Efficiency ratio
76,569Assets per employee
2.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.48%Loss allowance to noncurrent loans
302.01%Noncurrent assets plus other real estate owned to assets
1.70%Noncurrent loans to loans
1.48%Net loans and leases to deposits
65.93%Net loans and leases to core deposits
76.31%Equity capital to assets
9.64%Core capital (leverage) ratio
8.98%Tier 1 risk-based capital ratio
16.07%Total risk-based capital ratio
Memoranda
$17Average assets
$52,822Average earning assets
$4,915Average equity
$49,347Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8082
First State Bank
Dalton Avenue And Harris Street, Valliant, OK 74764
January 01, 1911
Full Service Brick and Mortar
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