FDIC Certificate #: 58804 Status: Active Federal Reserve ID: 3660478 Bank Holding Company (Regulatory Top Holder): Prime Bank Group, Inc. (RSSDID: 3697148, Location: Edmond, OK) Date Established: April 07, 2008 WWW:http://www.primebankgroup.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 468814 Numeric code: 13 Regulator: FED 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: April 07, 2008 Last Structure Change Effective Date: May 17, 2010 Last Structure Change Process Date: June 18, 2010 Last Data Update: June 18, 2010 Data Source Date: April 05, 2012
Location
Address: 1016 West Covell Rd, Edmond, OK 73003 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
Change in Location
Financial Summary
Total assets: $144.5 mil Equity capital: $14.2 mil Deposits held in domestic offices: $130.1 mil Return on assets (ROA): 2.59% ($3.7 mil) Quarterly return on assets: 2.85% ($4.1 mil) Return on Equity (ROE): 27.12% ($3.8 mil) Quarterly return on equity: 27.29% ($3.8 mil) Net income: $3.1 mil Quarterly Net income: $1.0 mil Pretax return on assets: 2.59% ($3,742.3 mil) Quarterly Pretax return on assets: 2.85% ($4,118.0 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
21Total employees (full-time equivalent)
$144,490Total assets
$5,191Cash and due from depository institutions
$3,518Interest-bearing balances
$1,071Securities
$446Federal funds sold & reverse repurchase agreements
$133,031Net loans & leases
$1,507Loan loss allowance
$0Trading account assets
$3,050Bank premises and fixed assets
$216Other real estate owned
$0Goodwill and other intangibles
$144,490Life insurance assets
$1,485All other assets
$130,295Total liabilities and capital
$130,103Total liabilities
$118,038Total deposits
$130,103Interest-bearing deposits
$86Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$192Subordinated debt
$14,195All other liabilities
$14,195Total equity capital
$14,195Total bank equity capital
$0Perpetual preferred stock
$60Common stock
$12,008Surplus
$2,127Undivided profits
Memoranda
$0Noncurrent loans and leases
$3,644Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$449Long-term assets (5+ years)
$138,066Average Assets, year-to-date
$5,630Average Assets, quarterly
$118,131Volatile liabilities
$136,658Insider loans
$125,781FHLB advances
$139,659Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$14,195Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$22,854Restructured Loans and leases
$1,283Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$6,955Total interest income
$1,310Total interest expense
$5,645Net interest income
$575Provision for loan and lease losses
$919Total noninterest income
$0Fiduciary activities
$99Service charges on deposit accounts
$0Trading account gains & fees
$820Additional noninterest income
$2,927Total noninterest expense
$1,957Salaries and employee benefits
$289Premises and equipment expense
$681Additional noninterest expense
$3,062Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$3,062Income before extraordinary items
$0Extraordinary gains - net
$3,062Net income attributable to bank
$0Net charge-offs
$3,062Cash dividends
$4Sale, conversion, retirement of capital stock, net
$2,307Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.18%Yield on earning assets
1.16%Cost of funding earning assets
5.02%Net interest margin
0.82%Noninterest income to earning assets
2.60%Noninterest expense to earning assets
2.59%Net operating income to assets
2.59%Return on assets (ROA)
2.59%Pretax return on assets
27.12%Return on equity (ROE)
6.69%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
14375.00%Credit loss provision to net charge-offs
909.25%Efficiency ratio
44,592Assets per employee
6.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
75.34%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.15%Noncurrent loans to loans
0.00%Net loans and leases to deposits
102.25%Net loans and leases to core deposits
126.11%Equity capital to assets
9.82%Core capital (leverage) ratio
10.16%Tier 1 risk-based capital ratio
11.29%Total risk-based capital ratio
Memoranda
$12Average assets
$118,131Average earning assets
$11,292Average equity
$112,483Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
468814
Prime Bank
1016 West Covell Rd, Edmond, OK 73003
April 07, 2008
Full Service Brick and Mortar
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