Lakeside State Bank in Oologah, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches


Lakeside State Bank - Overview

  • General
  • FDIC Certificate #: 22217
    Status: Active
    Federal Reserve ID: 635457
    Bank Holding Company (Regulatory Top Holder): Lakeside Holding Corporation (RSSDID: 3825183, Location: Oologah, OK)
    Date Established: Febuary 09, 1976
    WWW: http://www.lakesidebankok.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 9250
    FDIC's unique #: 15436
    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: Febuary 09, 1976
    Last Structure Change Effective Date: March 31, 2007
    Last Structure Change Process Date: Febuary 27, 2009
    Last Data Update: Febuary 27, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 12602 South Highway 169, Oologah, OK 74053
    County: Rogers
    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
    Metropolitan Statistical Area (MSA): Tulsa, OK (#8560)
    Combined Statistical Area (CSA): Tulsa-Bartlesville, OK (#538)
    Core Based Statistical Area (CBSA): Tulsa, OK (#46140)
    CBSA Metro Statistical Area: Tulsa, OK (#46140)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $51.9 mil
    Equity capital: $6.0 mil
    Deposits held in domestic offices: $45.6 mil
    Return on assets (ROA): 1.15% ($0.6 mil)
    Quarterly return on assets: 0.86% ($0.4 mil)
    Return on Equity (ROE): 9.91% ($0.6 mil)
    Quarterly return on equity: 7.20% ($0.4 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.15% ($596.5 mil)
    Quarterly Pretax return on assets: 0.86% ($446.0 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
  • 22Total employees (full-time equivalent)
  • $51,866Total assets
  • $1,780Cash and due from depository institutions
  • $21Interest-bearing balances
  • $25,936Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $21,800Net loans & leases
  • $316Loan loss allowance
  • $0Trading account assets
  • $1,264Bank premises and fixed assets
  • $64Other real estate owned
  • $2Goodwill and other intangibles
  • $51,866Life insurance assets
  • $1,020All other assets
  • $45,879Total liabilities and capital
  • $45,633Total liabilities
  • $35,983Total deposits
  • $45,633Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 105.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $141Subordinated debt
  • $5,987All other liabilities
  • $5,987Total equity capital
  • $5,987Total bank equity capital
  • $0Perpetual preferred stock
  • $724Common stock
  • $832Surplus
  • $4,431Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $284Income earned, not collected on loans
  • $0Earning assets
  • $319Long-term assets (5+ years)
  • $47,757Average Assets, year-to-date
  • $19,757Average Assets, quarterly
  • $52,219Volatile liabilities
  • $52,375Insider loans
  • $24,504FHLB advances
  • $51,414Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,846Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,257Restructured Loans and leases
  • $190Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,622Total interest income
  • $388Total interest expense
  • $2,234Net interest income
  • $5Provision for loan and lease losses
  • $739Total noninterest income
  • $0Fiduciary activities
  • $599Service charges on deposit accounts
  • $0Trading account gains & fees
  • $140Additional noninterest income
  • $2,369Total noninterest expense
  • $1,204Salaries and employee benefits
  • $291Premises and equipment expense
  • $874Additional noninterest expense
  • $599Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $599Income before extraordinary items
  • $0Extraordinary gains - net
  • $599Net income attributable to bank
  • $0Net charge-offs
  • $599Cash dividends
  • $46Sale, conversion, retirement of capital stock, net
  • $523Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.49%Yield on earning assets
  • 0.81%Cost of funding earning assets
  • 4.67%Net interest margin
  • 1.55%Noninterest income to earning assets
  • 4.96%Noninterest expense to earning assets
  • 1.15%Net operating income to assets
  • 1.15%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 9.91%Return on equity (ROE)
  • 1.26%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 10.87%Credit loss provision to net charge-offs
  • 13.13%Efficiency ratio
  • 79,684Assets per employee
  • 2.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 87.31%Loss allowance to loans
  • 1.43%Loss allowance to noncurrent loans
  • 111.27%Noncurrent assets plus other real estate owned to assets
  • 0.67%Noncurrent loans to loans
  • 1.28%Net loans and leases to deposits
  • 47.77%Net loans and leases to core deposits
  • 52.25%Equity capital to assets
  • 11.54%Core capital (leverage) ratio
  • 9.43%Tier 1 risk-based capital ratio
  • 19.78%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $52,219Average earning assets
  • $6,045Average equity
  • $47,802Average loans

List of branches

  • 2 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015436Lakeside State Bank12602 South Highway 169, Oologah, OK 74053Febuary 09, 1976Full Service Brick and Mortar
    12635Lakeside State Bank, Chelsea Branch516 Walnut, Chelsea, OK 74016August 31, 1901Full Service Brick and Mortar

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