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

Legacy Bank - Overview

  • General
  • FDIC Certificate #: 4042
    Status: Active
    Federal Reserve ID: 320052
    Bank Holding Company (Regulatory Top Holder): Midstate Bancorp, Inc. (RSSDID: 1054091, Location: Oklahoma City, OK)
    Date Established: January 01, 1902
    WWW: http://www.legacybank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 11 (Domestic: 11, Interstate: No)
    OTS Docket #: 14537
    FDIC's unique #: 2621
    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: 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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $452.0 mil
    Equity capital: $40.8 mil
    Deposits held in domestic offices: $409.1 mil
    Return on assets (ROA): 0.73% ($3.3 mil)
    Quarterly return on assets: 0.19% ($0.9 mil)
    Return on Equity (ROE): 8.00% ($3.3 mil)
    Quarterly return on equity: 2.11% ($0.9 mil)
    Net income: $3.2 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.73% ($3,299.4 mil)
    Quarterly Pretax return on assets: 0.19% ($858.7 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
  • 164Total employees (full-time equivalent)
  • $451,973Total assets
  • $48,389Cash and due from depository institutions
  • $31,982Interest-bearing balances
  • $41,700Securities
  • $4,051Federal funds sold & reverse repurchase agreements
  • $310,201Net loans & leases
  • $5,027Loan loss allowance
  • $0Trading account assets
  • $23,432Bank premises and fixed assets
  • $13,884Other real estate owned
  • $0Goodwill and other intangibles
  • $451,973Life insurance assets
  • $10,316All other assets
  • $411,151Total liabilities and capital
  • $409,140Total liabilities
  • $327,791Total deposits
  • $409,140Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,011Subordinated debt
  • $40,822All other liabilities
  • $40,822Total equity capital
  • $40,822Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $29,661Surplus
  • $10,911Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,259Income earned, not collected on loans
  • $0Earning assets
  • $1,848Long-term assets (5+ years)
  • $387,934Average Assets, year-to-date
  • $87,643Average Assets, quarterly
  • $441,869Volatile liabilities
  • $452,048Insider loans
  • $350,237FHLB advances
  • $457,269Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $39,268Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $61,175Restructured Loans and leases
  • $41Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $20,555Total interest income
  • $3,614Total interest expense
  • $16,941Net interest income
  • $742Provision for loan and lease losses
  • $5,884Total noninterest income
  • $48Fiduciary activities
  • $2,176Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,660Additional noninterest income
  • $18,841Total noninterest expense
  • $10,378Salaries and employee benefits
  • $2,160Premises and equipment expense
  • $6,303Additional noninterest expense
  • $3,242Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $3,242Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,242Net income attributable to bank
  • $0Net charge-offs
  • $3,242Cash dividends
  • $758Sale, conversion, retirement of capital stock, net
  • $1,600Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.43%Yield on earning assets
  • 0.95%Cost of funding earning assets
  • 4.47%Net interest margin
  • 1.55%Noninterest income to earning assets
  • 4.98%Noninterest expense to earning assets
  • 0.73%Net operating income to assets
  • 0.73%Return on assets (ROA)
  • 0.73%Pretax return on assets
  • 8.00%Return on equity (ROE)
  • 4.05%Retained earnings to average equity (YTD only)
  • 0.24%Net charge-offs to loans
  • 97.89%Credit loss provision to net charge-offs
  • 5.26%Efficiency ratio
  • 82,545Assets per employee
  • 2.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 49.35%Loss allowance to loans
  • 1.59%Loss allowance to noncurrent loans
  • 54.29%Noncurrent assets plus other real estate owned to assets
  • 5.12%Noncurrent loans to loans
  • 2.94%Net loans and leases to deposits
  • 75.82%Net loans and leases to core deposits
  • 76.79%Equity capital to assets
  • 9.03%Core capital (leverage) ratio
  • 8.59%Tier 1 risk-based capital ratio
  • 11.21%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $441,869Average earning assets
  • $40,533Average equity
  • $378,673Average 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
  • $33,060Managed Assets
  • 1Number of Accounts
  • $9,310Personal trust and agency accounts
  • $8,983Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $327Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 76Number of Accounts
  • $0Personal trust and agency accounts
  • $327Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $23,750Other retirement accounts
  • $16,610Corporate trust and agency accounts
  • $5,052Other fiduciary accounts
  • $1,229Fiduciary accounts held in foreign offices

List of branches

  • 11 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02621Legacy Bank101 West Main, Hinton, OK 73047January 01, 1902Full Service Brick and Mortar
    232467Elk City Branch921 West Third Street, Elk City, OK 73644March 18, 1985Full Service Brick and Mortar
    7272330Duncan Branch2100 North 81 Highway, Duncan, OK 73534January 01, 1901Full Service Brick and Mortar
    8334286Binger Branch225 West Main Street, Binger, OK 73009April 29, 2000Full Service Brick and Mortar
    948073Blanchard Branch1000 North Main Street, Blanchard, OK 73010April 30, 1993Full Service Brick and Mortar
    10289882Newcastle Branch509 Northwest 32nd Street, Newcastle, OK 73065July 17, 1996Full Service Brick and Mortar
    11359951701-723 E. Main Street Branch701-723 E. Main Street, Weatherford, OK 73096November 06, 2000Full Service Brick and Mortar
    12362154Marlow Branch1401 S. Broadway, Marlow, OK 73055October 15, 2001Full Service Brick and Mortar
    13362158Oklahoma City Branch13216 N Macarthur, Oklahoma City, OK 73142October 29, 2001Full Service Brick and Mortar
    14423147Memorial Road Branch2801 W Memorial Road, Oklahoma City, OK 73134September 11, 2003Full Service Brick and Mortar
    15467630Spring Creek Branch1289 E 15th, Ste.100, Edmond, OK 73013October 09, 2006Full Service Brick and Mortar

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