Security First National Bank of Hugo in Hugo, Oklahoma (OK)

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Security First National Bank of Hugo routing number info

Table of contents:
Security First National Bank of Hugo
GeneralFDIC Certificate #: 432
Status: Active
Federal Reserve ID: 422657
Bank Holding Company (Regulatory Top Holder): Sooner Southwest Bankshares, Inc. (RSSDID: 2411619, Location: Tulsa, OK)
Date Established: January 07, 1930
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 13967
FDIC's unique #: 333
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Agricultural 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
LocationAddress: 100 South Broadway, Hugo, OK 74743
County: Choctaw
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Tulsa
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $101.6 mil
Equity capital: $7.7 mil
Deposits held in domestic offices: $86.4 mil
Return on assets (ROA): 2.01% ($2.1 mil)
Quarterly return on assets: 2.18% ($2.2 mil)
Return on Equity (ROE): 25.52% ($2.0 mil)
Quarterly return on equity: 26.54% ($2.1 mil)
Net income: $2.1 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 3.15% ($3,201.1 mil)
Quarterly Pretax return on assets: 3.48% ($3,536.4 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)
Total employees (full-time equivalent)35
Total assets$101,621
Cash and due from depository institutions$12,121
Interest-bearing balances$6,027
Federal funds sold & reverse repurchase agreements$1,850
Net loans & leases$73,215
Loan loss allowance $834
Trading account assets$0
Bank premises and fixed assets$2,411
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$1,777
Life insurance assets$101,621
Total liabilities and capital$93,891
Total liabilities$86,384
Total deposits$65,981
Interest-bearing deposits$86,384
Deposits held in domestic offices$71
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$7,000
Other borrowed funds $0
Subordinated debt $507
All other liabilities $7,730
Total equity capital$7,730
Total bank equity capital$7,730
Perpetual preferred stock$0
Common stock$450
Undivided profits $4,330
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 $449
Earning assets $0
Long-term assets (5+ years) $795
Average Assets, year-to-date $91,339
Average Assets, quarterly $10,928
Volatile liabilities $104,787
Insider loans $102,860
FHLB advances $67,788
Loans and leases held for sale $102,124
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $7,715
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,016
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,986
Total interest expense $715
Net interest income $5,271
Provision for loan and lease losses $168
Total noninterest income $1,309
Fiduciary activities $0
Service charges on deposit accounts $858
Trading account gains & fees $0
Additional noninterest income $451
Total noninterest expense $3,114
Salaries and employee benefits $1,604
Premises and equipment expense $388
Additional noninterest expense $1,122
Pre-tax net operating income $3,298
Securities gains (losses) $0
Applicable income taxes $1,190
Income before extraordinary items $2,108
Extraordinary gains - net $0
Net income attributable to bank $2,108
Net charge-offs $0
Cash dividends $2,108
Sale, conversion, retirement of capital stock, net $61
Net operating income $2,000
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets6.36%
Cost of funding earning assets 0.76%
Net interest margin 5.60%
Noninterest income to earning assets 1.39%
Noninterest expense to earning assets 3.31%
Net operating income to assets 2.01%
Return on assets (ROA) 2.01%
Pretax return on assets 3.15%
Return on equity (ROE) 25.52%
Retained earnings to average equity (YTD only) 1.31%
Net charge-offs to loans 0.09%
Credit loss provision to net charge-offs 275.41%
Efficiency ratio56.82%
Assets per employee$47,325
Cash dividends to net income (YTD only)2.90%
Condition Ratios (%)
Loss allowance to loans 94.88%
Loss allowance to noncurrent loans 1.13%
Noncurrent assets plus other real estate owned to assets 185.75%
Noncurrent loans to loans 0.44%
Net loans and leases to deposits0.61%
Net loans and leases to core deposits 84.76%
Equity capital to assets 110.39%
Core capital (leverage) ratio 7.61%
Tier 1 risk-based capital ratio 7.55%
Total risk-based capital ratio 11.38%
Average assets$13
Average earning assets$104,787
Average equity $8,262
Average loans $94,139
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2 Oklahoma Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0333Security First National Bank Of Hugo100 South Broadway, Hugo, OK 74743January 07, 1930Full Service Brick and Mortar
1451958Hugo Branch1907 East Jackson Street, Hugo, OK 74743April 19, 2006Full Service Brick and Mortar
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