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

First State Bank - Overview

  • General
  • FDIC Certificate #: 22448
    Status: Active
    Federal Reserve ID: 522454
    Bank Holding Company (Regulatory Top Holder): Maxlou Bancshares, Inc. (RSSDID: 2550602, Location: Tahlequah, OK)
    Date Established: April 13, 1977
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 15646
    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: April 13, 1977
    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: 1111 South Muskogee Avenue, Tahlequah, OK 74464
    County: Cherokee
    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): Tahlequah, OK (#45140)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $78.0 mil
    Equity capital: $7.5 mil
    Deposits held in domestic offices: $67.3 mil
    Return on assets (ROA): -0.26% (-$0.2 mil)
    Quarterly return on assets: -0.46% (-$0.4 mil)
    Return on Equity (ROE): -2.80% (-$0.2 mil)
    Quarterly return on equity: -4.89% (-$0.4 mil)
    Net income: -$0.2 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: -0.26% (-$202.8 mil)
    Quarterly Pretax return on assets: -0.46% (-$358.8 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
  • 23Total employees (full-time equivalent)
  • $78,000Total assets
  • $1,141Cash and due from depository institutions
  • $401Interest-bearing balances
  • $5,069Securities
  • $14,511Federal funds sold & reverse repurchase agreements
  • $53,972Net loans & leases
  • $1,123Loan loss allowance
  • $0Trading account assets
  • $1,075Bank premises and fixed assets
  • $1,311Other real estate owned
  • $0Goodwill and other intangibles
  • $78,000Life insurance assets
  • $921All other assets
  • $70,450Total liabilities and capital
  • $67,321Total liabilities
  • $58,663Total deposits
  • $67,321Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,095Trading liabilities
  • $0Other borrowed funds
  • $34Subordinated debt
  • $7,550All other liabilities
  • $7,550Total equity capital
  • $7,550Total bank equity capital
  • $0Perpetual preferred stock
  • $433Common stock
  • $1,207Surplus
  • $5,910Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,091Income earned, not collected on loans
  • $0Earning assets
  • $199Long-term assets (5+ years)
  • $73,953Average Assets, year-to-date
  • $19,870Average Assets, quarterly
  • $84,691Volatile liabilities
  • $80,192Insider loans
  • $59,381FHLB advances
  • $80,123Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,900Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $245Restructured Loans and leases
  • $1,298Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,503Total interest income
  • $810Total interest expense
  • $2,693Net interest income
  • $310Provision for loan and lease losses
  • -$28Total noninterest income
  • $0Fiduciary activities
  • $190Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$218Additional noninterest income
  • $2,525Total noninterest expense
  • $1,084Salaries and employee benefits
  • $252Premises and equipment expense
  • $1,189Additional noninterest expense
  • -$170Pre-tax net operating income
  • -$51Securities gains (losses)
  • $0Applicable income taxes
  • -$221Income before extraordinary items
  • $0Extraordinary gains - net
  • -$221Net income attributable to bank
  • $0Net charge-offs
  • -$221Cash dividends
  • $414Sale, conversion, retirement of capital stock, net
  • $150Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.40%Yield on earning assets
  • 1.02%Cost of funding earning assets
  • 3.38%Net interest margin
  • -0.04%Noninterest income to earning assets
  • 3.17%Noninterest expense to earning assets
  • -0.20%Net operating income to assets
  • -0.26%Return on assets (ROA)
  • -0.26%Pretax return on assets
  • -2.80%Return on equity (ROE)
  • -4.69%Retained earnings to average equity (YTD only)
  • 0.66%Net charge-offs to loans
  • 74.88%Credit loss provision to net charge-offs
  • 0.34%Efficiency ratio
  • 94,747Assets per employee
  • 3.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -67.87%Loss allowance to loans
  • 2.04%Loss allowance to noncurrent loans
  • 53.71%Noncurrent assets plus other real estate owned to assets
  • 4.36%Noncurrent loans to loans
  • 3.80%Net loans and leases to deposits
  • 80.17%Net loans and leases to core deposits
  • 94.87%Equity capital to assets
  • 9.68%Core capital (leverage) ratio
  • 9.86%Tier 1 risk-based capital ratio
  • 13.30%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $84,691Average earning assets
  • $7,904Average equity
  • $79,667Average loans

List of branches

  • 2 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015646First State Bank1111 South Muskogee Avenue, Tahlequah, OK 74464April 13, 1977Full Service Brick and Mortar
    1254615Detached Drive-In Branch1307 South Muskogee, Tahlequah, OK 74464January 02, 1994Limited Service Facility

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