The First Bank of Chattanooga in Chattanooga, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 16, 1997

The First Bank of Chattanooga in Chattanooga, Oklahoma (OK)
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The First Bank of Chattanooga - Overview

General
FDIC Certificate #: 4058
Status: Inactive
Closing history: Corrections
Acquiring institution: First Southwest Bank (#4100)
Federal Reserve ID: 56454
Date Established: January 01, 1920
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 2633
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: May 16, 1997
Last Structure Change Process Date: June 16, 1997
Last Data Update: July 10, 1997
Data Source Date: April 05, 2012
Location
Address: 308 Madison, Chattanooga, OK 73528
County: Comanche
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
Metropolitan Statistical Area (MSA): Lawton, OK (#4200)
Core Based Statistical Area (CBSA): Lawton, OK (#30020)
CBSA Metro Statistical Area: Lawton, OK (#30020)
History of Changes
Absorption - Without Assistance
Corrections
Financial Summary
Total assets: $12.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$7Total assets
$12,289Cash and due from depository institutions
$356Interest-bearing balances
$0Securities
$3,918Federal funds sold & reverse repurchase agreements
$225Net loans & leases
$7,333Loan loss allowance
$268Trading account assets
$0Bank premises and fixed assets
$146Other real estate owned
$48Goodwill and other intangibles
$263Life insurance assets
$0All other assets
$0Total liabilities and capital
$12,289Total liabilities
$11,521Total deposits
$11,447Interest-bearing deposits
$10,460Deposits held in domestic offices
11447.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$74Total equity capital
$74Total bank equity capital
$768Perpetual preferred stock
$0Common stock
$200Surplus
$300Undivided profits
Memoranda
$268Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$217Income earned, not collected on loans
$149Earning assets
$11,476Long-term assets (5+ years)
$2,690Average Assets, year-to-date
$13,217Average Assets, quarterly
$12,564Volatile liabilities
$1,112Insider loans
$5FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,916Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$757Total risk weighted assets
$7,516Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$991Total interest expense
$526Net interest income
$465Provision for loan and lease losses
$449Total noninterest income
$91Fiduciary activities
$0Service charges on deposit accounts
$78Trading account gains & fees
$0Additional noninterest income
$13Total noninterest expense
$476Salaries and employee benefits
$217Premises and equipment expense
$41Additional noninterest expense
$218Pre-tax net operating income
-$369Securities gains (losses)
$0Applicable income taxes
-$149Income before extraordinary items
-$220Extraordinary gains - net
$0Net income attributable to bank
-$220Net charge-offs
$276Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.04%Cost of funding earning assets
4.27%Net interest margin
3.77%Noninterest income to earning assets
0.74%Noninterest expense to earning assets
3.86%Net operating income to assets
-1.66%Return on assets (ROA)
-1.66%Pretax return on assets
-2.79%Return on equity (ROE)
-23.75%Retained earnings to average equity (YTD only)
-23.75%Net charge-offs to loans
3.59%Credit loss provision to net charge-offs
162.68%Efficiency ratio
85,612Assets per employee
1.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.53%Loss allowance to noncurrent loans
123.50%Noncurrent assets plus other real estate owned to assets
2.16%Noncurrent loans to loans
2.85%Net loans and leases to deposits
64.06%Net loans and leases to core deposits
70.95%Equity capital to assets
6.25%Core capital (leverage) ratio
5.66%Tier 1 risk-based capital ratio
10.07%Total risk-based capital ratio
Memoranda
$11Average assets
$13,217Average earning assets
$926Average equity
$12,331Average loans

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