SpiritBank in Tulsa, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

SpiritBank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 452Total employees (full-time equivalent)
  • $1,250,584Total assets
  • $17,721Cash and due from depository institutions
  • $36Interest-bearing balances
  • $47,956Securities
  • $25,856Federal funds sold & reverse repurchase agreements
  • $1,035,998Net loans & leases
  • $26,148Loan loss allowance
  • $0Trading account assets
  • $24,114Bank premises and fixed assets
  • $30,384Other real estate owned
  • $3,225Goodwill and other intangibles
  • $1,250,584Life insurance assets
  • $65,330All other assets
  • $1,139,665Total liabilities and capital
  • $1,015,487Total liabilities
  • $787,096Total deposits
  • $1,015,487Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 25426.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $80,865Trading liabilities
  • $5,750Other borrowed funds
  • $12,137Subordinated debt
  • $110,919All other liabilities
  • $110,549Total equity capital
  • $110,549Total bank equity capital
  • $0Perpetual preferred stock
  • $1,271Common stock
  • $64,191Surplus
  • $45,087Undivided profits
  • Memoranda
  • $370Noncurrent loans and leases
  • $320,671Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $49,765Income earned, not collected on loans
  • $477Earning assets
  • $5,127Long-term assets (5+ years)
  • $1,109,846Average Assets, year-to-date
  • $116,466Average Assets, quarterly
  • $1,289,703Volatile liabilities
  • $1,260,306Insider loans
  • $921,378FHLB advances
  • $1,267,818Loans and leases held for sale
  • $4,627Unused loan commitments
  • $4,627Tier 1 (core) risk-based capital
  • $103,636Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $73,131Restructured Loans and leases
  • $17,322Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $65,449Total interest income
  • $12,658Total interest expense
  • $52,791Net interest income
  • $19,850Provision for loan and lease losses
  • $23,609Total noninterest income
  • $142Fiduciary activities
  • $3,194Service charges on deposit accounts
  • $0Trading account gains & fees
  • $20,273Additional noninterest income
  • $65,631Total noninterest expense
  • $34,792Salaries and employee benefits
  • $7,187Premises and equipment expense
  • $23,652Additional noninterest expense
  • -$9,081Pre-tax net operating income
  • $135Securities gains (losses)
  • -$2,482Applicable income taxes
  • -$6,464Income before extraordinary items
  • $0Extraordinary gains - net
  • -$6,458Net income attributable to bank
  • -$6Net charge-offs
  • -$6,464Cash dividends
  • $15,198Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.72%Yield on earning assets
  • 1.11%Cost of funding earning assets
  • 4.61%Net interest margin
  • 2.06%Noninterest income to earning assets
  • 5.74%Noninterest expense to earning assets
  • -0.51%Net operating income to assets
  • -0.50%Return on assets (ROA)
  • -0.69%Pretax return on assets
  • -5.60%Return on equity (ROE)
  • -5.60%Retained earnings to average equity (YTD only)
  • 1.43%Net charge-offs to loans
  • 130.61%Credit loss provision to net charge-offs
  • 0.71%Efficiency ratio
  • 85,904Assets per employee
  • 2.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.46%Loss allowance to noncurrent loans
  • 52.54%Noncurrent assets plus other real estate owned to assets
  • 6.41%Noncurrent loans to loans
  • 4.69%Net loans and leases to deposits
  • 102.02%Net loans and leases to core deposits
  • 147.79%Equity capital to assets
  • 8.84%Core capital (leverage) ratio
  • 8.17%Tier 1 risk-based capital ratio
  • 11.25%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,289,703Average earning assets
  • $115,250Average equity
  • $1,144,031Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $32,258Managed Assets
  • 1Number of Accounts
  • $32,257Personal trust and agency accounts
  • $24,225Employee benefit-defined contribution accounts
  • $487Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $279Corporate trust and agency accounts
  • $7,266Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 69Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1Fiduciary accounts held in foreign offices

List of branches

  • 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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