First United Bank and Trust Company in Durant, Oklahoma (OK), TX
Overview, Financial Summary, Detailed Financial Reports, Branches


First United Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 4239
    Status: Active
    Federal Reserve ID: 509950
    Bank Holding Company (Regulatory Top Holder): Durant Bancorp, Inc. (RSSDID: 1058398, Location: Durant, OK)
    Date Established: January 01, 1900
    WWW: http://www.firstunitedbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 31 (Domestic: 31, Interstate: Yes)
    OTS Docket #: 12231
    FDIC's unique #: 2782
    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: 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: 1400 West Main Street, Durant, OK 74701
    County: Bryan
    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): Durant, OK (#20460)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $2,060.2 mil
    Equity capital: $203.4 mil
    Deposits held in domestic offices: $1,702.6 mil
    Return on assets (ROA): 0.97% ($20.0 mil)
    Quarterly return on assets: 1.49% ($30.7 mil)
    Return on Equity (ROE): 10.11% ($20.5 mil)
    Quarterly return on equity: 15.07% ($30.6 mil)
    Net income: $20.0 mil
    Quarterly Net income: $7.6 mil
    Pretax return on assets: 0.97% ($19,983.5 mil)
    Quarterly Pretax return on assets: 1.49% ($30,696.3 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
  • 626Total employees (full-time equivalent)
  • $2,060,155Total assets
  • $49,471Cash and due from depository institutions
  • $18,834Interest-bearing balances
  • $506,105Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,309,477Net loans & leases
  • $20,423Loan loss allowance
  • $0Trading account assets
  • $52,200Bank premises and fixed assets
  • $37,448Other real estate owned
  • $29,221Goodwill and other intangibles
  • $2,060,155Life insurance assets
  • $76,233All other assets
  • $1,856,772Total liabilities and capital
  • $1,702,626Total liabilities
  • $1,397,339Total deposits
  • $1,702,626Interest-bearing deposits
  • $73Deposits held in domestic offices
  • 79088.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $62,856Trading liabilities
  • $0Other borrowed funds
  • $12,202Subordinated debt
  • $203,383All other liabilities
  • $203,383Total equity capital
  • $203,383Total bank equity capital
  • $0Perpetual preferred stock
  • $1,868Common stock
  • $80,216Surplus
  • $121,299Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $43,282Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $26,891Income earned, not collected on loans
  • $553Earning assets
  • $7,364Long-term assets (5+ years)
  • $1,834,416Average Assets, year-to-date
  • $597,001Average Assets, quarterly
  • $2,069,543Volatile liabilities
  • $2,044,922Insider loans
  • $1,405,706FHLB advances
  • $2,005,899Loans and leases held for sale
  • $45,494Unused loan commitments
  • $45,494Tier 1 (core) risk-based capital
  • $176,222Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $103,013Restructured Loans and leases
  • $568Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $92,314Total interest income
  • $14,012Total interest expense
  • $78,302Net interest income
  • $8,850Provision for loan and lease losses
  • $31,039Total noninterest income
  • $367Fiduciary activities
  • $7,595Service charges on deposit accounts
  • $0Trading account gains & fees
  • $23,077Additional noninterest income
  • $80,738Total noninterest expense
  • $42,885Salaries and employee benefits
  • $10,979Premises and equipment expense
  • $26,874Additional noninterest expense
  • $19,753Pre-tax net operating income
  • $279Securities gains (losses)
  • $0Applicable income taxes
  • $20,032Income before extraordinary items
  • $0Extraordinary gains - net
  • $20,032Net income attributable to bank
  • $0Net charge-offs
  • $20,032Cash dividends
  • $11,178Sale, conversion, retirement of capital stock, net
  • $10,968Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.04%Yield on earning assets
  • 0.76%Cost of funding earning assets
  • 4.27%Net interest margin
  • 1.69%Noninterest income to earning assets
  • 4.41%Noninterest expense to earning assets
  • 0.95%Net operating income to assets
  • 0.97%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 10.11%Return on equity (ROE)
  • 4.58%Retained earnings to average equity (YTD only)
  • 0.80%Net charge-offs to loans
  • 79.17%Credit loss provision to net charge-offs
  • 2.56%Efficiency ratio
  • 72,506Assets per employee
  • 3.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.75%Loss allowance to loans
  • 1.54%Loss allowance to noncurrent loans
  • 75.95%Noncurrent assets plus other real estate owned to assets
  • 3.12%Noncurrent loans to loans
  • 2.02%Net loans and leases to deposits
  • 76.91%Net loans and leases to core deposits
  • 89.26%Equity capital to assets
  • 9.87%Core capital (leverage) ratio
  • 8.79%Tier 1 risk-based capital ratio
  • 12.54%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $2,069,543Average earning assets
  • $198,064Average equity
  • $1,832,470Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $47,351Managed Assets
  • 1Number of Accounts
  • $24,307Personal trust and agency accounts
  • $21,923Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $1,270Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $1,114Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 226Number of Accounts
  • $0Personal trust and agency accounts
  • $1,270Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $23,044Other retirement accounts
  • $7,996Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,035Fiduciary accounts held in foreign offices

List of branches

  • 24 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02782First United Bank And Trust Company1400 West Main Street, Durant, OK 74701January 01, 1900Full Service Brick and Mortar
    2202420Calera Branch601 Highway 69-75, Calera, OK 74730January 21, 1985Full Service Brick and Mortar
    32781Colbert BranchBurney And Moore Streets, Colbert, OK 74733November 01, 1905Full Service Brick and Mortar
    4280752Madill Branch300 West Lillie, Madill, OK 73446June 30, 1988Full Service Brick and Mortar
    6280757Hugo Branch801 East Jackson, Hugo, OK 74743June 30, 1988Full Service Brick and Mortar
    72687Holdenville Branch102 East Main Street, Holdenville, OK 74848January 01, 1900Full Service Brick and Mortar
    841962Seminole Branch229 North Second Street, Seminole, OK 74868August 01, 1934Full Service Brick and Mortar
    917570Tecumseh Branch301 North Broadway, Tecumseh, OK 74873October 05, 1984Full Service Brick and Mortar
    102730Pauls Valley Branch315 West Grant Avenue, Pauls Valley, OK 73075October 01, 1893Full Service Brick and Mortar
    12314Bokchito Branch101 West Main Street, Bokchito, OK 74726January 01, 1911Full Service Brick and Mortar
    1312964Shawnee Branch912 East Independence, Shawnee, OK 74801June 04, 1964Full Service Brick and Mortar
    15208600Ada Branch201 West 12th Street, Ada, OK 74820Febuary 01, 1960Full Service Brick and Mortar
    16357177Kickapoo Branch4439 North Kickapoo, Shawnee, OK 74801May 17, 1999Full Service Brick and Mortar
    1746922Wewoka Branch223 South Mekusukey Avenue, Wewoka, OK 74884March 08, 1991Full Service Brick and Mortar
    1811480Sapulpa Main Bank315 East Dewey, Sapulpa, OK 74066October 04, 1955Full Service Brick and Mortar
    20241871Sapulpa Branch815 South Main, Sapulpa, OK 74066September 08, 1986Full Service Brick and Mortar
    22362025University Branch2025 West University, Durant, OK 74701September 20, 2001Full Service Brick and Mortar
    29445508North First Street Branch1410 North First Street, Durant, OK 74701October 17, 2005Full Service Brick and Mortar
    3013002Southwestern Bank Branch6000 Southwestern Avenue, Oklahoma City, OK 73139July 20, 1964Full Service Brick and Mortar
    32357840Pennsylvania Branch9921 Pennsylvania Avenue, Oklahoma City, OK 73159March 06, 2000Full Service Brick and Mortar
    34466058Walmart Branch3712 W. Main, Durant, OK 74701November 06, 2006Full Service Brick and Mortar
    35466059Ada Arlington Branch1221 Arlington, Ada, OK 74820Febuary 23, 2007Full Service Brick and Mortar
    37491125Stockyards Branch1600 South Agnew Ave, Oklahoma City, OK 73108October 06, 2008Full Service Brick and Mortar
    38493096Pauls Valley Meridian Branch2000 West Grant, Pauls Valley, OK 73075March 28, 2009Full Service Brick and Mortar
  • 7 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    23429649Mckinney Branch1700 Redbud Blvd., Suite 130, Mc Kinney, TX 75069September 04, 2003Full Service Brick and Mortar
    2410803Krum Branch960 West Mccart, Krum, TX 76249January 01, 1909Full Service Brick and Mortar
    25238554Denton-North Branch2730 West University Drive, Denton, TX 76201May 12, 1997Full Service Brick and Mortar
    26361738Sanger Branch1405 West Chapman, Sanger, TX 76266August 27, 2001Full Service Brick and Mortar
    27424311Denton-South Branch1517 Centre Place Drive, Denton, TX 76205January 12, 2004Full Service Brick and Mortar
    28432581Denton-Downtown Branch321 W. Hickory Street, Denton, TX 76201September 13, 2004Full Service Brick and Mortar
    33462069Custer Road Branch6401 Custer Road, Mckinney, TX 75071March 26, 2007Full Service Brick and Mortar

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