Legacy Bank in Hinton, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 29, 2000

Legacy Bank in Hinton, Oklahoma (OK)
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Legacy Bank - Overview

General
FDIC Certificate #: 17359
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Legacy Bank (#4042)
Federal Reserve ID: 874256
Date Established: September 20, 1954
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 3 (Interstate: No)
OTS Docket #: 14553
FDIC's unique #: 11368
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: September 20, 1954
Last Structure Change Effective Date: April 29, 2000
Last Structure Change Process Date: May 25, 2000
Last Data Update: May 25, 2000
Data Source Date: April 05, 2012
Location
Address: 101 West Main, Hinton, OK 73047
County: Caddo
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
Financial Summary
Total assets: $66.7 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
44Total employees (full-time equivalent)
$63,531Total assets
$3,734Cash and due from depository institutions
$0Interest-bearing balances
$3,110Securities
$0Federal funds sold & reverse repurchase agreements
$54,582Net loans & leases
$490Loan loss allowance
$0Trading account assets
$1,474Bank premises and fixed assets
$26Other real estate owned
$97Goodwill and other intangibles
$0Life insurance assets
$508All other assets
$63,531Total liabilities and capital
$58,262Total liabilities
$56,249Total deposits
$45,423Interest-bearing deposits
$56,249Deposits held in domestic offices
0.00%% insured (estimated)
$1,751Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$262All other liabilities
$5,269Total equity capital
$5,269Total bank equity capital
$5,269Perpetual preferred stock
$0Common stock
$750Surplus
$750Undivided profits
Memoranda
$3,769Noncurrent loans and leases
$4,501Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$944Earning assets
$669Long-term assets (5+ years)
$482Average Assets, year-to-date
$57,692Average Assets, quarterly
$1,371Volatile liabilities
$61,507Insider loans
$62,628FHLB advances
$2,994Loans and leases held for sale
$126Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,501Total unused commitments
$0Restructured Loans and leases
$490Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$5,291Total interest income
$2,015Total interest expense
$3,276Net interest income
$115Provision for loan and lease losses
$1,028Total noninterest income
$0Fiduciary activities
$558Service charges on deposit accounts
$0Trading account gains & fees
$470Additional noninterest income
$3,075Total noninterest expense
$1,392Salaries and employee benefits
$834Premises and equipment expense
$849Additional noninterest expense
$1,114Pre-tax net operating income
$0Securities gains (losses)
$14Applicable income taxes
$1,100Income before extraordinary items
$0Extraordinary gains - net
$1,100Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$153Sale, conversion, retirement of capital stock, net
$280Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.27%Yield on earning assets
3.53%Cost of funding earning assets
5.74%Net interest margin
1.80%Noninterest income to earning assets
5.39%Noninterest expense to earning assets
1.79%Net operating income to assets
1.79%Return on assets (ROA)
1.81%Pretax return on assets
22.69%Return on equity (ROE)
16.91%Retained earnings to average equity (YTD only)
-0.30%Net charge-offs to loans
-75.16%Credit loss provision to net charge-offs
0.00%Efficiency ratio
70,957Assets per employee
1.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
25.45%Loss allowance to loans
0.89%Loss allowance to noncurrent loans
51.91%Noncurrent assets plus other real estate owned to assets
1.53%Noncurrent loans to loans
1.71%Net loans and leases to deposits
97.04%Net loans and leases to core deposits
99.23%Equity capital to assets
8.29%Core capital (leverage) ratio
8.35%Tier 1 risk-based capital ratio
9.67%Total risk-based capital ratio
Memoranda
$11Average assets
$61,507Average earning assets
$4,849Average equity
$57,081Average loans

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