Southwest State Bank in Sentinel, Oklahoma (OK)



Show street view No street view available for this location

Southwest State Bank routing number info

Table of contents:
Southwest State Bank
GeneralFDIC 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
LocationAddress: 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 ChangesChange in Location
Financial SummaryTotal 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)
Total employees (full-time equivalent)16
Total assets$106,901
Cash and due from depository institutions$494
Interest-bearing balances$46
Securities$50,361
Federal funds sold & reverse repurchase agreements$106
Net loans & leases$51,218
Loan loss allowance $847
Trading account assets$0
Bank premises and fixed assets$320
Other real estate owned$28
Goodwill and other intangibles$0
All other assets$4,374
Life insurance assets$106,901
Total liabilities and capital$97,331
Total liabilities$92,619
Total deposits$86,782
Interest-bearing deposits$92,619
Deposits held in domestic offices$97
% insured (estimated)4520.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $192
All other liabilities $9,570
Total equity capital$9,570
Total bank equity capital$9,570
Perpetual preferred stock$0
Common stock$441
Surplus$6,049
Undivided profits $3,080
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 $1,542
Earning assets $0
Long-term assets (5+ years) $835
Average Assets, year-to-date $101,731
Average Assets, quarterly $40,122
Volatile liabilities $106,646
Insider loans $106,413
FHLB advances $79,862
Loans and leases held for sale $105,537
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $9,035
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $10,247
Derivatives$7
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,171
Total interest expense $1,472
Net interest income $3,699
Provision for loan and lease losses $711
Total noninterest income $189
Fiduciary activities $0
Service charges on deposit accounts $160
Trading account gains & fees $0
Additional noninterest income $29
Total noninterest expense $2,432
Salaries and employee benefits $948
Premises and equipment expense $573
Additional noninterest expense $911
Pre-tax net operating income $745
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $745
Extraordinary gains - net $0
Net income attributable to bank $745
Net charge-offs $0
Cash dividends $745
Sale, conversion, retirement of capital stock, net $473
Net operating income $435
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.12%
Cost of funding earning assets 1.46%
Net interest margin 3.66%
Noninterest income to earning assets 0.19%
Noninterest expense to earning assets 2.41%
Net operating income to assets 0.70%
Return on assets (ROA) 0.70%
Pretax return on assets 0.70%
Return on equity (ROE) 8.14%
Retained earnings to average equity (YTD only) 3.39%
Net charge-offs to loans 0.89%
Credit loss provision to net charge-offs 150.32%
Efficiency ratio3.08%
Assets per employee$62,551
Cash dividends to net income (YTD only)6.68%
Condition Ratios (%)
Loss allowance to loans 58.39%
Loss allowance to noncurrent loans 1.63%
Noncurrent assets plus other real estate owned to assets 54.93%
Noncurrent loans to loans 1.47%
Net loans and leases to deposits2.96%
Net loans and leases to core deposits 55.30%
Equity capital to assets 56.72%
Core capital (leverage) ratio 8.95%
Tier 1 risk-based capital ratio 8.56%
Total risk-based capital ratio 11.31%
Memoranda
Average assets$12
Average earning assets$106,646
Average equity $9,152
Average loans $100,982
Back to page top, Back to table top

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
Back to page top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Southwest State Bank.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.