Spiro State Bank in Spiro, Oklahoma (OK)



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Spiro State Bank routing number info

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Spiro State Bank
GeneralFDIC Certificate #: 16908
Status: Active
Federal Reserve ID: 397858
Bank Holding Company (Regulatory Top Holder): Spiro Bancshares, Inc. (RSSDID: 1063271, Location: Spiro, OK)
Date Established: May 15, 1950
WWW: http://www.spirostatebank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 10994
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: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: May 15, 1950
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: June 17, 2010
Last Data Update: June 17, 2010
Data Source Date: April 05, 2012
LocationAddress: 1008 West Broadway, Spiro, OK 74959
County: Le Flore
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
Core Based Statistical Area (CBSA): Fort Smith, AR-OK (#22900)
CBSA Metro Statistical Area: Fort Smith, AR-OK (#22900)
History of ChangesMerge BIF and SAIF Funds into DIF
Change in Location
Financial SummaryTotal assets: $51.4 mil
Equity capital: $6.4 mil
Deposits held in domestic offices: $45.0 mil
Return on assets (ROA): 0.10% ($0.1 mil)
Quarterly return on assets: -0.19% (-$0.1 mil)
Return on Equity (ROE): 0.86% ($0.1 mil)
Quarterly return on equity: -1.50% (-$0.1 mil)
Net income: $0.1 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.03% ($15.4 mil)
Quarterly Pretax return on assets: -0.48% (-$246.9 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)29
Total assets$51,439
Cash and due from depository institutions$10,818
Interest-bearing balances$2,543
Securities$24,125
Federal funds sold & reverse repurchase agreements$121
Net loans & leases$15,345
Loan loss allowance $400
Trading account assets$0
Bank premises and fixed assets$341
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$689
Life insurance assets$51,439
Total liabilities and capital$45,059
Total liabilities$44,953
Total deposits$29,754
Interest-bearing deposits$44,953
Deposits held in domestic offices$90
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $106
All other liabilities $6,380
Total equity capital$6,380
Total bank equity capital$6,380
Perpetual preferred stock$0
Common stock$800
Surplus$800
Undivided profits $4,780
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 $103
Earning assets $0
Long-term assets (5+ years) $370
Average Assets, year-to-date $42,134
Average Assets, quarterly $6,894
Volatile liabilities $52,268
Insider loans $51,838
FHLB advances $21,775
Loans and leases held for sale $52,511
Unused loan commitments $191
Tier 1 (core) risk-based capital $191
Tier 2 risk-based capital $6,203
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $978
Derivatives$0
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,686
Total interest expense $164
Net interest income $1,522
Provision for loan and lease losses $25
Total noninterest income $545
Fiduciary activities $0
Service charges on deposit accounts $397
Trading account gains & fees $0
Additional noninterest income $148
Total noninterest expense $2,026
Salaries and employee benefits $1,247
Premises and equipment expense $338
Additional noninterest expense $441
Pre-tax net operating income $16
Securities gains (losses) $0
Applicable income taxes -$38
Income before extraordinary items $54
Extraordinary gains - net $0
Net income attributable to bank $54
Net charge-offs $0
Cash dividends $54
Sale, conversion, retirement of capital stock, net $25
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 assets3.88%
Cost of funding earning assets 0.38%
Net interest margin 3.50%
Noninterest income to earning assets 1.25%
Noninterest expense to earning assets 4.66%
Net operating income to assets 0.10%
Return on assets (ROA) 0.10%
Pretax return on assets 0.03%
Return on equity (ROE) 0.86%
Retained earnings to average equity (YTD only) 0.86%
Net charge-offs to loans 0.16%
Credit loss provision to net charge-offs 100.00%
Efficiency ratio1.64%
Assets per employee$98,016
Cash dividends to net income (YTD only)1.77%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.54%
Noncurrent assets plus other real estate owned to assets 388.35%
Noncurrent loans to loans 0.20%
Net loans and leases to deposits0.65%
Net loans and leases to core deposits 34.14%
Equity capital to assets 34.33%
Core capital (leverage) ratio 12.40%
Tier 1 risk-based capital ratio 11.81%
Total risk-based capital ratio 28.49%
Memoranda
Average assets$30
Average earning assets$52,268
Average equity $6,287
Average loans $43,485
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2 Oklahoma Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010994Spiro State Bank1008 West Broadway, Spiro, OK 74959May 15, 1950Full Service Brick and Mortar
14064Talihina Branch408 Dallas Street, Talihina, OK 74571September 10, 1930Full Service Brick and Mortar
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