Local Oklahoma Bank in city_name, state_name - Detailed Financial Reports, Location

Local Oklahoma Bank in Oklahoma City, Oklahoma (OK)
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Local Oklahoma Bank - Overview

General
FDIC Certificate #: 28542
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: International Bank of Commerce (#19629)
Federal Reserve ID: 604378
Date Established: January 01, 1908
WWW: http://www.localok.com
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 53 (Interstate: No)
OTS Docket #: 1805
FDIC's unique #: 41376
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
SAIF Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: Febuary 11, 1935
Last Structure Change Effective Date: June 19, 2004
Last Structure Change Process Date: June 30, 2004
Last Data Update: June 30, 2004
Data Source Date: April 05, 2012
Location
Address: 3601 Northwest 63rd Street, Oklahoma City, OK 73116
County: Oklahoma
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
Metropolitan Statistical Area (MSA): Oklahoma City, OK (#5880)
Combined Statistical Area (CSA): Oklahoma City-Shawnee, OK (#416)
Core Based Statistical Area (CBSA): Oklahoma City, OK (#36420)
CBSA Metro Statistical Area: Oklahoma City, OK (#36420)
Financial Summary
Total assets: $2,865.1 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, 2003)

Dollar figures in thousands
846Total employees (full-time equivalent)
$2,877,879Total assets
$83,146Cash and due from depository institutions
$36,237Interest-bearing balances
$377,424Securities
$0Federal funds sold & reverse repurchase agreements
$2,240,565Net loans & leases
$30,398Loan loss allowance
$0Trading account assets
$41,464Bank premises and fixed assets
$615Other real estate owned
$19,949Goodwill and other intangibles
$0Life insurance assets
$114,716All other assets
$2,877,879Total liabilities and capital
$2,623,801Total liabilities
$1,899,454Total deposits
$1,700,626Interest-bearing deposits
$1,899,454Deposits held in domestic offices
0.00%% insured (estimated)
$66,367Federal funds purchased & repurchase agreements
$0Trading liabilities
$637,219Other borrowed funds
$0Subordinated debt
$20,761All other liabilities
$254,078Total equity capital
$254,078Total bank equity capital
$254,078Perpetual preferred stock
$0Common stock
$200Surplus
$128,629Undivided profits
Memoranda
$125,249Noncurrent loans and leases
$410,241Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$10,458Earning assets
$107Long-term assets (5+ years)
$9,733Average Assets, year-to-date
$2,654,226Average Assets, quarterly
$672,817Volatile liabilities
$2,868,775Insider loans
$2,907,532FHLB advances
$432,122Loans and leases held for sale
$7,750Unused loan commitments
$637,219Tier 1 (core) risk-based capital
$50,000Tier 2 risk-based capital
$11,762Total risk weighted assets
$410,241Total unused commitments
$0Restructured Loans and leases
$27,075Derivatives

Income and Expense (December 31, 2003)

Dollar figures in thousands
$153,096Total interest income
$59,109Total interest expense
$93,987Net interest income
$6,600Provision for loan and lease losses
$30,673Total noninterest income
$0Fiduciary activities
$21,815Service charges on deposit accounts
$0Trading account gains & fees
$8,858Additional noninterest income
$71,379Total noninterest expense
$43,140Salaries and employee benefits
$10,902Premises and equipment expense
$17,337Additional noninterest expense
$46,681Pre-tax net operating income
$319Securities gains (losses)
$13,785Applicable income taxes
$33,215Income before extraordinary items
$0Extraordinary gains - net
$33,215Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$5,734Sale, conversion, retirement of capital stock, net
$24,500Net operating income

Performance and Condition Ratios (December 31, 2003)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.80%Yield on earning assets
2.24%Cost of funding earning assets
3.56%Net interest margin
1.16%Noninterest income to earning assets
2.70%Noninterest expense to earning assets
1.15%Net operating income to assets
1.16%Return on assets (ROA)
1.64%Pretax return on assets
13.33%Return on equity (ROE)
3.50%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
115.10%Credit loss provision to net charge-offs
9.29%Efficiency ratio
57,002Assets per employee
3.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
73.76%Loss allowance to loans
1.34%Loss allowance to noncurrent loans
290.67%Noncurrent assets plus other real estate owned to assets
0.38%Noncurrent loans to loans
0.46%Net loans and leases to deposits
117.96%Net loans and leases to core deposits
143.54%Equity capital to assets
8.83%Core capital (leverage) ratio
8.17%Tier 1 risk-based capital ratio
10.83%Total risk-based capital ratio
Memoranda
$12Average assets
$2,868,775Average earning assets
$249,232Average equity
$2,641,520Average loans

Bank Assets Sold and Securitized (December 31, 2003)

Dollar figures in thousands
Principal balance with servicing or other recourse retained
$39,2291-4 family residential loans
$0Home equity lines
$0Credit cards receivables
$0Auto loans
$0Other consumer loans
$0Commercial and industrial loans
$2,279All other loans and all leases
Past due loan amounts 30-89 days (included in principal balance)
$541-4 family residential loans
$0>Home equity lines
$0Credit cards receivables
$0Auto loans
$0Other consumer loans
$0Commercial and industrial loans
$0All other loans and all leases
Past due loan amounts 90 days or more (included in principal balance)
$251-4 family residential loans
$0>Home equity lines
$0Credit cards receivables
$0Auto loans
$0Other consumer loans
$0Commercial and industrial loans
$0All other loans and all leases

Local Oklahoma Bank in Oklahoma City, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

Local Oklahoma Bank - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

Bank Assets Sold and Securitized (December 31, 2003)

Comment about this bank, ask questions, or add new information about it:

Local Oklahoma Bank in Oklahoma City, Oklahoma (OK)Overview, Financial Summary, Detailed Financial Reports, Branches

Local Oklahoma Bank - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

Bank Assets Sold and Securitized (December 31, 2003)

Comment about this bank, ask questions, or add new information about it:

Local Oklahoma Bank in Oklahoma City, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches