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

This bank is inactive as of September 12, 1997

  • MidFirst Bank in Oklahoma City, Oklahoma (OK)
  • Show street view No street view available for this location

MidFirst Bank - Overview

  • General
  • FDIC Certificate #: 17097
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: MidFirst Bank (#4063)
    Federal Reserve ID: 505055
    Date Established: April 14, 1952
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 14190
    FDIC's unique #: 11146
    Numeric code: 43
    Regulator: OTS
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: April 14, 1952
    Last Structure Change Effective Date: September 12, 1997
    Last Structure Change Process Date: November 06, 1997
    Last Data Update: November 06, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 2225 North May Avenue, Oklahoma City, OK 73107
    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)
  • History of Changes
  • Merger - Without Assistance
  • Financial Summary
  • Total assets: $2,797.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $44Total assets
  • $79,625Cash and due from depository institutions
  • $1,875Interest-bearing balances
  • $0Securities
  • $23,084Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $52,438Loan loss allowance
  • $697Trading account assets
  • $0Bank premises and fixed assets
  • $1,034Other real estate owned
  • $105Goodwill and other intangibles
  • $1,089Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $79,625Total liabilities
  • $71,625Total deposits
  • $65,785Interest-bearing deposits
  • $54,230Deposits held in domestic offices
  • 65785.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $5,070Trading liabilities
  • $0Other borrowed funds
  • $351Subordinated debt
  • $0All other liabilities
  • $419Total equity capital
  • $419Total bank equity capital
  • $8,000Perpetual preferred stock
  • $0Common stock
  • $1,250Surplus
  • $3,185Undivided profits
  • Memoranda
  • $3,565Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,831Income earned, not collected on loans
  • $494Earning assets
  • $75,522Long-term assets (5+ years)
  • $18,734Average Assets, year-to-date
  • $80,950Average Assets, quarterly
  • $78,659Volatile liabilities
  • $12,653Insider loans
  • $427FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $8,064Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,939Total risk weighted assets
  • $55,340Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $6,887Total interest expense
  • $2,457Net interest income
  • $4,430Provision for loan and lease losses
  • $25Total noninterest income
  • $1,461Fiduciary activities
  • $0Service charges on deposit accounts
  • $385Trading account gains & fees
  • $0Additional noninterest income
  • $1,076Total noninterest expense
  • $2,544Salaries and employee benefits
  • $1,695Premises and equipment expense
  • $308Additional noninterest expense
  • $541Pre-tax net operating income
  • $3,322Securities gains (losses)
  • $5Applicable income taxes
  • $1,136Income before extraordinary items
  • $2,191Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,191Net charge-offs
  • $8Cash dividends
  • $2,500Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.96%Cost of funding earning assets
  • 3.20%Net interest margin
  • 5.76%Noninterest income to earning assets
  • 1.90%Noninterest expense to earning assets
  • 3.31%Net operating income to assets
  • 2.70%Return on assets (ROA)
  • 2.71%Pretax return on assets
  • 4.11%Return on equity (ROE)
  • 27.39%Retained earnings to average equity (YTD only)
  • -3.86%Net charge-offs to loans
  • 0.02%Credit loss provision to net charge-offs
  • 312.50%Efficiency ratio
  • 43,185Assets per employee
  • 1.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 114.10%Loss allowance to loans
  • 1.31%Loss allowance to noncurrent loans
  • 38.07%Noncurrent assets plus other real estate owned to assets
  • 2.43%Noncurrent loans to loans
  • 3.45%Net loans and leases to deposits
  • 79.71%Net loans and leases to core deposits
  • 89.56%Equity capital to assets
  • 10.05%Core capital (leverage) ratio
  • 9.95%Tier 1 risk-based capital ratio
  • 14.35%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $80,950Average earning assets
  • $8,000Average equity
  • $76,855Average loans

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