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
No
ID
Name
Address
Established
Service Type
Map
0
15059
First State Bank
321 West Main, Watonga, OK 73772
September 05, 1974
Full Service Brick and Mortar
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