The Bank of the West in Thomas, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Bank of the West - Overview

  • General
  • FDIC Certificate #: 25703
    Status: Active
    Federal Reserve ID: 401755
    Bank Holding Company (Regulatory Top Holder): Bancwest, Inc. (RSSDID: 1993547, Location: Thomas, OK)
    Date Established: October 19, 1984
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 17589
    FDIC's unique #: 17587
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 19, 1984
    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: 101 South Main, Thomas, OK 73669
    County: Custer
    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
    Core Based Statistical Area (CBSA): Weatherford, OK (#48220)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $133.2 mil
    Equity capital: $14.3 mil
    Deposits held in domestic offices: $118.5 mil
    Return on assets (ROA): 1.82% ($2.4 mil)
    Quarterly return on assets: 2.02% ($2.7 mil)
    Return on Equity (ROE): 17.60% ($2.5 mil)
    Quarterly return on equity: 18.82% ($2.6 mil)
    Net income: $2.5 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 1.82% ($2,423.9 mil)
    Quarterly Pretax return on assets: 2.02% ($2,690.2 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
  • 27Total employees (full-time equivalent)
  • $133,180Total assets
  • $21,437Cash and due from depository institutions
  • $18,604Interest-bearing balances
  • $0Securities
  • $4,290Federal funds sold & reverse repurchase agreements
  • $103,880Net loans & leases
  • $1,352Loan loss allowance
  • $0Trading account assets
  • $1,466Bank premises and fixed assets
  • $615Other real estate owned
  • $0Goodwill and other intangibles
  • $133,180Life insurance assets
  • $1,492All other assets
  • $118,861Total liabilities and capital
  • $118,461Total liabilities
  • $88,477Total deposits
  • $118,461Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $400Subordinated debt
  • $14,319All other liabilities
  • $14,319Total equity capital
  • $14,319Total bank equity capital
  • $0Perpetual preferred stock
  • $650Common stock
  • $5,539Surplus
  • $8,130Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $513Income earned, not collected on loans
  • $0Earning assets
  • $708Long-term assets (5+ years)
  • $126,774Average Assets, year-to-date
  • $9,219Average Assets, quarterly
  • $136,348Volatile liabilities
  • $132,540Insider loans
  • $105,091FHLB advances
  • $138,042Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,319Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $19,347Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,822Total interest income
  • $933Total interest expense
  • $5,889Net interest income
  • $180Provision for loan and lease losses
  • $267Total noninterest income
  • $0Fiduciary activities
  • $207Service charges on deposit accounts
  • $0Trading account gains & fees
  • $60Additional noninterest income
  • $3,493Total noninterest expense
  • $1,363Salaries and employee benefits
  • $370Premises and equipment expense
  • $1,760Additional noninterest expense
  • $2,483Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $2,483Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,483Net income attributable to bank
  • $0Net charge-offs
  • $2,483Cash dividends
  • $305Sale, conversion, retirement of capital stock, net
  • $2,085Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.28%Yield on earning assets
  • 0.72%Cost of funding earning assets
  • 4.55%Net interest margin
  • 0.21%Noninterest income to earning assets
  • 2.70%Noninterest expense to earning assets
  • 1.82%Net operating income to assets
  • 1.82%Return on assets (ROA)
  • 1.82%Pretax return on assets
  • 17.60%Return on equity (ROE)
  • 2.82%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 59.02%Credit loss provision to net charge-offs
  • 8.73%Efficiency ratio
  • 56,741Assets per employee
  • 4.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 83.97%Loss allowance to loans
  • 1.28%Loss allowance to noncurrent loans
  • 263.55%Noncurrent assets plus other real estate owned to assets
  • 0.85%Noncurrent loans to loans
  • 0.49%Net loans and leases to deposits
  • 87.69%Net loans and leases to core deposits
  • 98.36%Equity capital to assets
  • 10.75%Core capital (leverage) ratio
  • 10.37%Tier 1 risk-based capital ratio
  • 13.63%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $136,348Average earning assets
  • $14,105Average equity
  • $129,297Average loans

List of branches

  • 4 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    017587The Bank Of The West101 South Main, Thomas, OK 73669October 19, 1984Full Service Brick and Mortar
    116956Wheatland Plaza BranchOne Wheatland Plaza, Clinton, OK 73601Febuary 17, 1983Full Service Brick and Mortar
    22697401 South Main Street Branch401 South Main Street, Leedey, OK 73654Febuary 08, 1905Full Service Brick and Mortar
    33645234801 Gaillardia, Suite 190 Branch4801 Gaillardia, Suite 190, Oklahoma City, OK 73142September 03, 2001Full Service Brick and Mortar

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