FDIC Certificate #: 4633 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Arvest Bank (#8728) Federal Reserve ID: 670551 Date Established: January 01, 1886 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) OTS Docket #: 52799 FDIC's unique #: 3073 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: January 05, 2007 Last Structure Change Process Date: Febuary 16, 2007 Last Data Update: Febuary 16, 2007 Data Source Date: April 05, 2012
Location
Address: 301 West Fourth Avenue, Caney, KS 67333 County: Montgomery Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Wichita Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Core Based Statistical Area (CBSA): Coffeyville, KS (#17700) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $41.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
16Total employees (full-time equivalent)
$40,951Total assets
$566Cash and due from depository institutions
$0Interest-bearing balances
$5,001Securities
$2,876Federal funds sold & reverse repurchase agreements
$31,636Net loans & leases
$225Loan loss allowance
$0Trading account assets
$245Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$627All other assets
$40,951Total liabilities and capital
$36,646Total liabilities
$36,537Total deposits
$32,897Interest-bearing deposits
$36,537Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$109All other liabilities
$4,305Total equity capital
$4,305Total bank equity capital
$4,305Perpetual preferred stock
$0Common stock
$100Surplus
$100Undivided profits
Memoranda
$4,105Noncurrent loans and leases
$1,499Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$442Average Assets, year-to-date
$39,513Average Assets, quarterly
$9,683Volatile liabilities
$43,132Insider loans
$42,362FHLB advances
$6,554Loans and leases held for sale
$1,550Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$80Total risk weighted assets
$1,499Total unused commitments
$0Restructured Loans and leases
$225Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$2,923Total interest income
$1,237Total interest expense
$1,686Net interest income
$39Provision for loan and lease losses
$216Total noninterest income
$0Fiduciary activities
$158Service charges on deposit accounts
$0Trading account gains & fees
$58Additional noninterest income
$1,031Total noninterest expense
$659Salaries and employee benefits
$112Premises and equipment expense
$260Additional noninterest expense
$832Pre-tax net operating income
-$400Securities gains (losses)
$17Applicable income taxes
$415Income before extraordinary items
$0Extraordinary gains - net
$415Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$45Sale, conversion, retirement of capital stock, net
$230Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.02%Yield on earning assets
2.97%Cost of funding earning assets
4.05%Net interest margin
0.52%Noninterest income to earning assets
2.48%Noninterest expense to earning assets
1.85%Net operating income to assets
0.96%Return on assets (ROA)
1.00%Pretax return on assets
10.37%Return on equity (ROE)
4.62%Retained earnings to average equity (YTD only)
0.15%Net charge-offs to loans
86.67%Credit loss provision to net charge-offs
19.36%Efficiency ratio
54,206Assets per employee
2.56%Cash dividends to net income (YTD only)
Condition Ratios (%)
55.42%Loss allowance to loans
0.71%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
86.59%Net loans and leases to core deposits
105.51%Equity capital to assets
10.51%Core capital (leverage) ratio
9.96%Tier 1 risk-based capital ratio
15.60%Total risk-based capital ratio
Memoranda
$16Average assets
$43,132Average earning assets
$4,001Average equity
$41,641Average loans
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