Oxford University Bank in Oxford, Mississippi (MS)
| Oxford University Bank | |
|---|---|
| General | FDIC Certificate #: 57034 Status: Active Federal Reserve ID: 2938769 Bank Holding Company (Regulatory Top Holder): Lafayette Bancorp, Inc. (RSSDID: 3260551, Location: Oxford, MS) Date Established: November 27, 2000 WWW: http://www.oubol.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Domestic: 5, Interstate: No) FDIC's unique #: 334373 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: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: November 27, 2000 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: 1550 University Avenue, Oxford, MS 38655 County: Lafayette Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Memphis Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Oxford, MS (#37060) CBSA Micro Statistical Area: Yes |
| History of Changes | Merge BIF and SAIF Funds into DIF |
| Financial Summary | Total assets: $93.7 mil Equity capital: $8.8 mil Deposits held in domestic offices: $81.8 mil Return on assets (ROA): -0.09% (-$0.1 mil) Quarterly return on assets: 0.46% ($0.4 mil) Return on Equity (ROE): -0.89% (-$0.1 mil) Quarterly return on equity: 4.91% ($0.4 mil) Net income: -$0.1 mil Quarterly Net income: $0.1 mil Pretax return on assets: -0.18% (-$168.6 mil) Quarterly Pretax return on assets: 0.77% ($721.3 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 29 |
| Total assets | $93,670 |
| Cash and due from depository institutions | $2,153 |
| Interest-bearing balances | $807 |
| Securities | $16,166 |
| Federal funds sold & reverse repurchase agreements | $2,225 |
| Net loans & leases | $66,083 |
| Loan loss allowance | $684 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $3,668 |
| Other real estate owned | $390 |
| Goodwill and other intangibles | $0 |
| All other assets | $2,985 |
| Life insurance assets | $93,670 |
| Total liabilities and capital | $84,917 |
| Total liabilities | $81,769 |
| Total deposits | $68,996 |
| Interest-bearing deposits | $81,769 |
| Deposits held in domestic offices | $96 |
| % insured (estimated) | 633.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $2,137 |
| Other borrowed funds | $0 |
| Subordinated debt | $378 |
| All other liabilities | $8,753 |
| Total equity capital | $8,753 |
| Total bank equity capital | $8,753 |
| Perpetual preferred stock | $0 |
| Common stock | $2,581 |
| Surplus | $5,994 |
| Undivided profits | $178 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $225 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $510 |
| Average Assets, year-to-date | $85,281 |
| Average Assets, quarterly | $6,174 |
| Volatile liabilities | $93,114 |
| Insider loans | $93,218 |
| FHLB advances | $62,972 |
| Loans and leases held for sale | $93,431 |
| Unused loan commitments | $1,547 |
| Tier 1 (core) risk-based capital | $1,547 |
| Tier 2 risk-based capital | $8,642 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $4,514 |
| Derivatives | $2,238 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $4,205 |
| Total interest expense | $959 |
| Net interest income | $3,246 |
| Provision for loan and lease losses | $0 |
| Total noninterest income | $460 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $285 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $175 |
| Total noninterest expense | $3,073 |
| Salaries and employee benefits | $1,595 |
| Premises and equipment expense | $485 |
| Additional noninterest expense | $993 |
| Pre-tax net operating income | $633 |
| Securities gains (losses) | -$800 |
| Applicable income taxes | -$87 |
| Income before extraordinary items | -$80 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | -$80 |
| Net charge-offs | $0 |
| Cash dividends | -$80 |
| Sale, conversion, retirement of capital stock, net | $24 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.01% |
| Cost of funding earning assets | 1.14% |
| Net interest margin | 3.87% |
| Noninterest income to earning assets | 0.55% |
| Noninterest expense to earning assets | 3.66% |
| Net operating income to assets | 0.46% |
| Return on assets (ROA) | -0.09% |
| Pretax return on assets | -0.18% |
| Return on equity (ROE) | -0.89% |
| Retained earnings to average equity (YTD only) | -0.89% |
| Net charge-offs to loans | 0.04% |
| Credit loss provision to net charge-offs | 0.00% |
| Efficiency ratio | 26.38% |
| Assets per employee | $82,920 |
| Cash dividends to net income (YTD only) | 3.23% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 1.02% |
| Noncurrent assets plus other real estate owned to assets | 304.00% |
| Noncurrent loans to loans | 0.66% |
| Net loans and leases to deposits | 0.34% |
| Net loans and leases to core deposits | 80.82% |
| Equity capital to assets | 87.95% |
| Core capital (leverage) ratio | 9.34% |
| Tier 1 risk-based capital ratio | 9.25% |
| Total risk-based capital ratio | 13.72% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $93,114 |
| Average equity | $9,008 |
| Average loans | $83,896 |
| 5 Mississippi Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 334373 | Oxford University Bank | 1550 University Avenue, Oxford, MS 38655 | November 27, 2000 | Full Service Brick and Mortar |  |
| 1 | 433580 | West Jackson Avenue Branch | 2301 West Jackson Avenue, Oxford, MS 38655 | December 27, 2004 | Full Service Brick and Mortar |  |
| 2 | 472675 | Bank Of Pontotoc, Lpo, A Subsidiary Of Oxford University Bank | 25 South Liberty Street, Pontotoc, MS 38863 | March 01, 2008 | Limited Service Loan Production | |
| 3 | 507367 | Oxford University Bank | 602 S. 16th Street, Oxford, MS 38655 | March 16, 2010 | Limited Service Loan Production | |
| 4 | 518120 | Bank Of Pontotoc | 1882 Highway 15, Pontotoc, MS 38863 | January 18, 2011 | Full Service Brick and Mortar | |
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