Southwest State Bank in Sentinel, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches


Southwest State Bank - Overview

  • General
  • FDIC Certificate #: 4195
    Status: Active
    Federal Reserve ID: 249153
    Date Established: April 04, 1911
    WWW: http://www.southweststatebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 16016
    FDIC's unique #: 2748
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 01, 2010
    Last Structure Change Process Date: June 01, 2010
    Last Data Update: June 01, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 122 East Main Street, Sentinel, OK 73664
    County: Washita
    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
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $106.9 mil
    Equity capital: $9.6 mil
    Deposits held in domestic offices: $92.6 mil
    Return on assets (ROA): 0.70% ($0.7 mil)
    Quarterly return on assets: 1.25% ($1.3 mil)
    Return on Equity (ROE): 8.14% ($0.8 mil)
    Quarterly return on equity: 14.22% ($1.4 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.70% ($748.3 mil)
    Quarterly Pretax return on assets: 1.25% ($1,336.3 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
  • 16Total employees (full-time equivalent)
  • $106,901Total assets
  • $494Cash and due from depository institutions
  • $46Interest-bearing balances
  • $50,361Securities
  • $106Federal funds sold & reverse repurchase agreements
  • $51,218Net loans & leases
  • $847Loan loss allowance
  • $0Trading account assets
  • $320Bank premises and fixed assets
  • $28Other real estate owned
  • $0Goodwill and other intangibles
  • $106,901Life insurance assets
  • $4,374All other assets
  • $97,331Total liabilities and capital
  • $92,619Total liabilities
  • $86,782Total deposits
  • $92,619Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 4520.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $192Subordinated debt
  • $9,570All other liabilities
  • $9,570Total equity capital
  • $9,570Total bank equity capital
  • $0Perpetual preferred stock
  • $441Common stock
  • $6,049Surplus
  • $3,080Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,542Income earned, not collected on loans
  • $0Earning assets
  • $835Long-term assets (5+ years)
  • $101,731Average Assets, year-to-date
  • $40,122Average Assets, quarterly
  • $106,646Volatile liabilities
  • $106,413Insider loans
  • $79,862FHLB advances
  • $105,537Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,035Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,247Restructured Loans and leases
  • $7Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,171Total interest income
  • $1,472Total interest expense
  • $3,699Net interest income
  • $711Provision for loan and lease losses
  • $189Total noninterest income
  • $0Fiduciary activities
  • $160Service charges on deposit accounts
  • $0Trading account gains & fees
  • $29Additional noninterest income
  • $2,432Total noninterest expense
  • $948Salaries and employee benefits
  • $573Premises and equipment expense
  • $911Additional noninterest expense
  • $745Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $745Income before extraordinary items
  • $0Extraordinary gains - net
  • $745Net income attributable to bank
  • $0Net charge-offs
  • $745Cash dividends
  • $473Sale, conversion, retirement of capital stock, net
  • $435Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.12%Yield on earning assets
  • 1.46%Cost of funding earning assets
  • 3.66%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 2.41%Noninterest expense to earning assets
  • 0.70%Net operating income to assets
  • 0.70%Return on assets (ROA)
  • 0.70%Pretax return on assets
  • 8.14%Return on equity (ROE)
  • 3.39%Retained earnings to average equity (YTD only)
  • 0.89%Net charge-offs to loans
  • 150.32%Credit loss provision to net charge-offs
  • 3.08%Efficiency ratio
  • 62,551Assets per employee
  • 6.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 58.39%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 54.93%Noncurrent assets plus other real estate owned to assets
  • 1.47%Noncurrent loans to loans
  • 2.96%Net loans and leases to deposits
  • 55.30%Net loans and leases to core deposits
  • 56.72%Equity capital to assets
  • 8.95%Core capital (leverage) ratio
  • 8.56%Tier 1 risk-based capital ratio
  • 11.31%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $106,646Average earning assets
  • $9,152Average equity
  • $100,982Average loans

List of branches

  • 1 Oklahoma Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02748Southwest State Bank122 East Main Street, Sentinel, OK 73664April 04, 1911Full Service Brick and Mortar

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