First State Bank in Watonga, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches


First State Bank - Overview

  • General
  • FDIC Certificate #: 21752
    Status: Active
    Federal Reserve ID: 965051
    Bank Holding Company (Regulatory Top Holder): First State Bancorporation Of Watonga, Inc. (RSSDID: 1061110, Location: Watonga, OK)
    Date Established: September 05, 1974
    WWW: http://www.fsbwatonga.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 #: 13339
    FDIC's unique #: 15059
    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: September 05, 1974
    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: 321 West Main, Watonga, OK 73772
    County: Blaine
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $50.1 mil
    Equity capital: $5.0 mil
    Deposits held in domestic offices: $42.5 mil
    Return on assets (ROA): 1.87% ($0.9 mil)
    Quarterly return on assets: 1.33% ($0.7 mil)
    Return on Equity (ROE): 17.96% ($0.9 mil)
    Quarterly return on equity: 13.27% ($0.7 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.87% ($936.0 mil)
    Quarterly Pretax return on assets: 1.33% ($665.7 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
  • 15Total employees (full-time equivalent)
  • $50,054Total assets
  • $3,314Cash and due from depository institutions
  • $2,003Interest-bearing balances
  • $17,910Securities
  • $520Federal funds sold & reverse repurchase agreements
  • $26,217Net loans & leases
  • $561Loan loss allowance
  • $0Trading account assets
  • $777Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $50,055Life insurance assets
  • $1,316All other assets
  • $45,040Total liabilities and capital
  • $42,498Total liabilities
  • $32,323Total deposits
  • $42,498Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,485Trading liabilities
  • $0Other borrowed funds
  • $57Subordinated debt
  • $5,015All other liabilities
  • $5,015Total equity capital
  • $5,015Total bank equity capital
  • $0Perpetual preferred stock
  • $360Common stock
  • $645Surplus
  • $4,010Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $937Income earned, not collected on loans
  • $0Earning assets
  • $529Long-term assets (5+ years)
  • $46,650Average Assets, year-to-date
  • $10,541Average Assets, quarterly
  • $47,416Volatile liabilities
  • $50,307Insider loans
  • $29,909FHLB advances
  • $50,904Loans and leases held for sale
  • $457Unused loan commitments
  • $457Tier 1 (core) risk-based capital
  • $4,570Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,821Restructured Loans and leases
  • $1,388Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,405Total interest income
  • $355Total interest expense
  • $2,050Net interest income
  • $120Provision for loan and lease losses
  • $375Total noninterest income
  • $0Fiduciary activities
  • $306Service charges on deposit accounts
  • $0Trading account gains & fees
  • $69Additional noninterest income
  • $1,419Total noninterest expense
  • $800Salaries and employee benefits
  • $104Premises and equipment expense
  • $515Additional noninterest expense
  • $886Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $886Income before extraordinary items
  • $0Extraordinary gains - net
  • $886Net income attributable to bank
  • $0Net charge-offs
  • $886Cash dividends
  • $38Sale, conversion, retirement of capital stock, net
  • $698Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.46%Yield on earning assets
  • 0.81%Cost of funding earning assets
  • 4.65%Net interest margin
  • 0.85%Noninterest income to earning assets
  • 3.22%Noninterest expense to earning assets
  • 1.87%Net operating income to assets
  • 1.87%Return on assets (ROA)
  • 1.87%Pretax return on assets
  • 17.96%Return on equity (ROE)
  • 3.81%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 315.79%Credit loss provision to net charge-offs
  • 26.47%Efficiency ratio
  • 58,515Assets per employee
  • 3.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 78.78%Loss allowance to loans
  • 2.10%Loss allowance to noncurrent loans
  • 59.87%Noncurrent assets plus other real estate owned to assets
  • 1.87%Noncurrent loans to loans
  • 3.50%Net loans and leases to deposits
  • 61.69%Net loans and leases to core deposits
  • 64.98%Equity capital to assets
  • 10.02%Core capital (leverage) ratio
  • 8.98%Tier 1 risk-based capital ratio
  • 15.28%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $47,416Average earning assets
  • $4,932Average equity
  • $44,052Average loans

List of branches

  • 1 Oklahoma Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015059First State Bank321 West Main, Watonga, OK 73772September 05, 1974Full Service Brick and Mortar

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