SpiritBank in Tulsa, Oklahoma (OK)

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SpiritBank routing number info

Table of contents:
GeneralFDIC Certificate #: 4048
Status: Active
Federal Reserve ID: 142955
Bank Holding Company (Regulatory Top Holder): Spirit Bankcorp, Inc. (RSSDID: 1062135, Location: Bristow, OK)
Date Established: May 05, 1916
WWW: http://www.spiritbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 14 (Domestic: 14, Interstate: No)
OTS Docket #: 11433
FDIC's unique #: 2624
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: No
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
LocationAddress: 4815 South Harvard, Suite 100, Tulsa, OK 74135
County: Tulsa
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
Metropolitan Statistical Area (MSA): Tulsa, OK (#8560)
Combined Statistical Area (CSA): Tulsa-Bartlesville, OK (#538)
Core Based Statistical Area (CBSA): Tulsa, OK (#46140)
CBSA Metro Statistical Area: Tulsa, OK (#46140)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $1,250.6 mil
Equity capital: $110.5 mil
Deposits held in domestic offices: $1,015.5 mil
Return on assets (ROA): -0.50% (-$6.3 mil)
Quarterly return on assets: -1.17% (-$14.6 mil)
Return on Equity (ROE): -5.60% (-$6.2 mil)
Quarterly return on equity: -13.07% (-$14.5 mil)
Net income: -$6.5 mil
Quarterly Net income: -$3.7 mil
Pretax return on assets: -0.69% (-$8,629.0 mil)
Quarterly Pretax return on assets: -1.27% (-$15,882.4 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)452
Total assets$1,250,584
Cash and due from depository institutions$17,721
Interest-bearing balances$36
Federal funds sold & reverse repurchase agreements$25,856
Net loans & leases$1,035,998
Loan loss allowance $26,148
Trading account assets$0
Bank premises and fixed assets$24,114
Other real estate owned$30,384
Goodwill and other intangibles$3,225
All other assets$65,330
Life insurance assets$1,250,584
Total liabilities and capital$1,139,665
Total liabilities$1,015,487
Total deposits$787,096
Interest-bearing deposits$1,015,487
Deposits held in domestic offices$79
% insured (estimated)25426.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$80,865
Other borrowed funds $5,750
Subordinated debt $12,137
All other liabilities $110,919
Total equity capital$110,549
Total bank equity capital$110,549
Perpetual preferred stock$0
Common stock$1,271
Undivided profits $45,087
Noncurrent loans and leases $370
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $320,671
Income earned, not collected on loans $49,765
Earning assets $477
Long-term assets (5+ years) $5,127
Average Assets, year-to-date $1,109,846
Average Assets, quarterly $116,466
Volatile liabilities $1,289,703
Insider loans $1,260,306
FHLB advances $921,378
Loans and leases held for sale $1,267,818
Unused loan commitments $4,627
Tier 1 (core) risk-based capital $4,627
Tier 2 risk-based capital $103,636
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $73,131
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $65,449
Total interest expense $12,658
Net interest income $52,791
Provision for loan and lease losses $19,850
Total noninterest income $23,609
Fiduciary activities $142
Service charges on deposit accounts $3,194
Trading account gains & fees $0
Additional noninterest income $20,273
Total noninterest expense $65,631
Salaries and employee benefits $34,792
Premises and equipment expense $7,187
Additional noninterest expense $23,652
Pre-tax net operating income -$9,081
Securities gains (losses) $135
Applicable income taxes -$2,482
Income before extraordinary items -$6,464
Extraordinary gains - net $0
Net income attributable to bank -$6,458
Net charge-offs -$6
Cash dividends -$6,464
Sale, conversion, retirement of capital stock, net $15,198
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.72%
Cost of funding earning assets 1.11%
Net interest margin 4.61%
Noninterest income to earning assets 2.06%
Noninterest expense to earning assets 5.74%
Net operating income to assets -0.51%
Return on assets (ROA) -0.50%
Pretax return on assets -0.69%
Return on equity (ROE) -5.60%
Retained earnings to average equity (YTD only) -5.60%
Net charge-offs to loans 1.43%
Credit loss provision to net charge-offs 130.61%
Efficiency ratio0.71%
Assets per employee$85,904
Cash dividends to net income (YTD only)2.77%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.46%
Noncurrent assets plus other real estate owned to assets 52.54%
Noncurrent loans to loans 6.41%
Net loans and leases to deposits4.69%
Net loans and leases to core deposits 102.02%
Equity capital to assets 147.79%
Core capital (leverage) ratio 8.84%
Tier 1 risk-based capital ratio 8.17%
Total risk-based capital ratio 11.25%
Average assets$13
Average earning assets$1,289,703
Average equity $115,250
Average loans $1,144,031
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$32,258
Number of Accounts1
Personal trust and agency accounts$32,257
Employee benefit-defined contribution accounts$24,225
Employee benefit-defined benefit accounts$487
Other retirement accounts$0
Corporate trust and agency accounts$279
Investment management agency accounts$7,266
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts69
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$1
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$1
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14 Oklahoma Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
02624Spiritbank4815 South Harvard, Suite 100, Tulsa, OK 74135May 05, 1916Full Service Brick and Mortar
1328Drumright Branch121 West Broadway, Drumright, OK 74030August 01, 1932Full Service Brick and Mortar
213116Oilton Branch105 West Main Street, Oilton, OK 74052December 07, 1964Full Service Brick and Mortar
32648Cushing Branch300 North Harrison, Cushing, OK 74023January 01, 1897Full Service Brick and Mortar
417084Sapulpa Branch1315 East Taft, Sapulpa, OK 74066June 01, 1983Full Service Brick and Mortar
8202245South Memorial Branch9618 South Memorial, Tulsa, OK 74133June 03, 1996Full Service Brick and Mortar
9202246Salpulpa Drive-In Branch400 North Mission, Sapulpa, OK 74066Febuary 18, 1998Limited Service Facility
10202247Bristow Branch106 N Main, Bristow, OK 74010May 05, 1996Full Service Brick and Mortar
11274168Stroud Branch723 West Fourth Street, Stroud, OK 74079June 30, 1988Full Service Brick and Mortar
12202248Okla City May Ave Branch11217 N May Ave, Oklahoma City, OK 73120September 16, 1999Full Service Brick and Mortar
14364767Stillwater Branch-Perkins Road417 South Perkins Road, Stillwater, OK 74074June 30, 2000Full Service Brick and Mortar
1542867171st Street Branch3800 West 71st Street South, Tulsa, OK 74132May 10, 2004Full Service Brick and Mortar
16428672South Baltimore Branch1800 S. Baltimore, Tulsa, OK 74119May 10, 2004Full Service Brick and Mortar
20492896Edmond Branch3823 S. Boulevard St, Edmond, OK 73013March 17, 2008Full Service Brick and Mortar
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