The Eastman National Bank of Newkirk in Newkirk, Oklahoma (OK)
| The Eastman National Bank of Newkirk | |
|---|---|
| General | FDIC Certificate #: 4156 Status: Active Federal Reserve ID: 849450 Bank Holding Company (Regulatory Top Holder): Eastman National Bancshares, Inc. (RSSDID: 1064858, Location: Newkirk, OK) Date Established: January 01, 1893 WWW: http://www.eastmannational.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Domestic: 3, Interstate: No) OTS Docket #: 13689 FDIC's unique #: 2716 Numeric code: 3 Regulator: OCC 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: No 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: 102 South Main Street, Newkirk, OK 74647 County: Kay 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): Ponca City, OK (#38620) CBSA Micro Statistical Area: Yes |
| History of Changes | Merge BIF and SAIF Funds into DIF |
| Financial Summary | Total assets: $205.2 mil Equity capital: $16.2 mil Deposits held in domestic offices: $174.1 mil Return on assets (ROA): 1.37% ($2.8 mil) Quarterly return on assets: 1.46% ($3.0 mil) Return on Equity (ROE): 15.87% ($2.5 mil) Quarterly return on equity: 17.72% ($2.8 mil) Net income: $2.7 mil Quarterly Net income: $0.7 mil Pretax return on assets: 2.06% ($4,227.6 mil) Quarterly Pretax return on assets: 1.95% ($4,001.8 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 55 |
| Total assets | $205,221 |
| Cash and due from depository institutions | $36,490 |
| Interest-bearing balances | $26,883 |
| Securities | $36,103 |
| Federal funds sold & reverse repurchase agreements | $14 |
| Net loans & leases | $125,110 |
| Loan loss allowance | $2,036 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $1,291 |
| Other real estate owned | $3,097 |
| Goodwill and other intangibles | $0 |
| All other assets | $3,116 |
| Life insurance assets | $205,221 |
| Total liabilities and capital | $188,989 |
| Total liabilities | $174,083 |
| Total deposits | $119,374 |
| Interest-bearing deposits | $174,083 |
| Deposits held in domestic offices | $81 |
| % insured (estimated) | 13657.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $1,028 |
| Other borrowed funds | $0 |
| Subordinated debt | $221 |
| All other liabilities | $16,232 |
| Total equity capital | $16,232 |
| Total bank equity capital | $16,232 |
| Perpetual preferred stock | $0 |
| Common stock | $500 |
| Surplus | $4,004 |
| Undivided profits | $11,728 |
| 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 | $2,628 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $897 |
| Average Assets, year-to-date | $188,110 |
| Average Assets, quarterly | $25,742 |
| Volatile liabilities | $197,259 |
| Insider loans | $201,313 |
| FHLB advances | $119,666 |
| Loans and leases held for sale | $200,851 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $16,046 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $36,498 |
| Derivatives | $4,484 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $8,766 |
| Total interest expense | $820 |
| Net interest income | $7,946 |
| Provision for loan and lease losses | $152 |
| Total noninterest income | $1,831 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $1,056 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $775 |
| Total noninterest expense | $5,555 |
| Salaries and employee benefits | $2,576 |
| Premises and equipment expense | $405 |
| Additional noninterest expense | $2,574 |
| Pre-tax net operating income | $4,070 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $1,363 |
| Income before extraordinary items | $2,707 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $2,707 |
| Net charge-offs | $0 |
| Cash dividends | $2,707 |
| Sale, conversion, retirement of capital stock, net | $270 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.78% |
| Cost of funding earning assets | 0.45% |
| Net interest margin | 4.34% |
| Noninterest income to earning assets | 1.00% |
| Noninterest expense to earning assets | 3.03% |
| Net operating income to assets | 1.37% |
| Return on assets (ROA) | 1.37% |
| Pretax return on assets | 2.06% |
| Return on equity (ROE) | 15.87% |
| Retained earnings to average equity (YTD only) | 15.87% |
| Net charge-offs to loans | 0.21% |
| Credit loss provision to net charge-offs | 56.30% |
| Efficiency ratio | 15.64% |
| Assets per employee | $56,817 |
| Cash dividends to net income (YTD only) | 3.73% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 1.60% |
| Noncurrent assets plus other real estate owned to assets | 77.47% |
| Noncurrent loans to loans | 2.79% |
| Net loans and leases to deposits | 2.07% |
| Net loans and leases to core deposits | 71.87% |
| Equity capital to assets | 77.46% |
| Core capital (leverage) ratio | 7.91% |
| Tier 1 risk-based capital ratio | 7.99% |
| Total risk-based capital ratio | 13.41% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $197,259 |
| Average equity | $17,058 |
| Average loans | $183,294 |
| 3 Oklahoma Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 2716 | The Eastman National Bank Of Newkirk | 102 South Main Street, Newkirk, OK 74647 | January 01, 1893 | Full Service Brick and Mortar |  |
| 1 | 432269 | Ponca City Branch | 222 East Grand, Ponca City, OK 74601 | September 15, 2004 | Full Service Brick and Mortar |  |
| 2 | 446944 | Northpark Branch | 802 East Prospect, Ponca City, OK 74602 | December 15, 2005 | Full Service Brick and Mortar | |
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