Sooner State Bank in Tuttle, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Sooner State Bank in Tuttle, Oklahoma (OK)
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Sooner State Bank - Overview

  • General
  • FDIC Certificate #: 402
    Status: Active
    Federal Reserve ID: 534756
    Bank Holding Company (Regulatory Top Holder): Tuttle Bancshares, Inc. (RSSDID: 1067372, Location: Tuttle, OK)
    Date Established: January 01, 1903
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 13492
    FDIC's unique #: 309
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending 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
  • Location
  • Address: 2 Southeast Fourth, Tuttle, OK 73089
    County: Grady
    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
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $154.2 mil
    Equity capital: $18.8 mil
    Deposits held in domestic offices: $132.3 mil
    Return on assets (ROA): 1.44% ($2.2 mil)
    Quarterly return on assets: 1.46% ($2.2 mil)
    Return on Equity (ROE): 11.77% ($2.2 mil)
    Quarterly return on equity: 11.89% ($2.3 mil)
    Net income: $2.2 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.44% ($2,220.3 mil)
    Quarterly Pretax return on assets: 1.46% ($2,251.2 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
  • 49Total employees (full-time equivalent)
  • $154,190Total assets
  • $4,834Cash and due from depository institutions
  • $16Interest-bearing balances
  • $63,047Securities
  • $11,164Federal funds sold & reverse repurchase agreements
  • $71,601Net loans & leases
  • $880Loan loss allowance
  • $0Trading account assets
  • $1,783Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $154,190Life insurance assets
  • $1,761All other assets
  • $135,413Total liabilities and capital
  • $132,275Total liabilities
  • $104,597Total deposits
  • $132,275Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,900Trading liabilities
  • $0Other borrowed funds
  • $238Subordinated debt
  • $18,777All other liabilities
  • $18,777Total equity capital
  • $18,777Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $1,871Surplus
  • $16,706Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $484Income earned, not collected on loans
  • $0Earning assets
  • $751Long-term assets (5+ years)
  • $145,828Average Assets, year-to-date
  • $52,806Average Assets, quarterly
  • $151,023Volatile liabilities
  • $153,693Insider loans
  • $89,222FHLB advances
  • $155,065Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $17,210Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,910Restructured Loans and leases
  • $589Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,403Total interest income
  • $1,136Total interest expense
  • $5,267Net interest income
  • $74Provision for loan and lease losses
  • $864Total noninterest income
  • $0Fiduciary activities
  • $508Service charges on deposit accounts
  • $0Trading account gains & fees
  • $356Additional noninterest income
  • $4,106Total noninterest expense
  • $2,038Salaries and employee benefits
  • $435Premises and equipment expense
  • $1,633Additional noninterest expense
  • $1,951Pre-tax net operating income
  • $230Securities gains (losses)
  • $0Applicable income taxes
  • $2,181Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,181Net income attributable to bank
  • $0Net charge-offs
  • $2,181Cash dividends
  • $27Sale, conversion, retirement of capital stock, net
  • $1,486Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.49%Yield on earning assets
  • 0.80%Cost of funding earning assets
  • 3.69%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 2.88%Noninterest expense to earning assets
  • 1.29%Net operating income to assets
  • 1.44%Return on assets (ROA)
  • 1.44%Pretax return on assets
  • 11.77%Return on equity (ROE)
  • 3.75%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 274.07%Credit loss provision to net charge-offs
  • 75.00%Efficiency ratio
  • 66,971Assets per employee
  • 3.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 68.13%Loss allowance to loans
  • 1.21%Loss allowance to noncurrent loans
  • 181.82%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.67%Net loans and leases to deposits
  • 54.13%Net loans and leases to core deposits
  • 57.11%Equity capital to assets
  • 12.18%Core capital (leverage) ratio
  • 11.10%Tier 1 risk-based capital ratio
  • 19.29%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $151,023Average earning assets
  • $18,524Average equity
  • $142,692Average loans

List of branches

  • 5 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0309Sooner State Bank2 Southeast Fourth, Tuttle, OK 73089January 01, 1903Full Service Brick and Mortar
    1181611Tri City Branch420 Northwest 32nd, Newcastle, OK 73065January 28, 1987Full Service Brick and Mortar
    215063Newcastle BranchSecond And Wright Streets, Newcastle, OK 73065September 16, 1974Full Service Brick and Mortar
    32693North Broadway BranchBroadway And First Street, Konawa, OK 74849March 05, 1905Full Service Brick and Mortar
    4181612The Village Branch10301 North May Avenue, The Village, OK 73120Febuary 01, 1998Full Service Brick and Mortar

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