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

The First Bank of Fairland - Overview

  • General
  • FDIC Certificate #: 4096
    Status: Active
    Federal Reserve ID: 182652
    Bank Holding Company (Regulatory Top Holder): First Fairland Bancshares, Inc. (RSSDID: 2584429, Location: Fairland, OK)
    Date Established: December 01, 1897
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 2668
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 01, 2010
    Last Structure Change Process Date: June 01, 2010
    Last Data Update: June 01, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 32 West Conner Avenue, Fairland, OK 74343
    County: Ottawa
    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): Miami, OK (#33060)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $10.3 mil
    Equity capital: $1.2 mil
    Deposits held in domestic offices: $9.1 mil
    Return on assets (ROA): 1.41% ($0.1 mil)
    Quarterly return on assets: 1.25% ($0.1 mil)
    Return on Equity (ROE): 11.93% ($0.1 mil)
    Quarterly return on equity: 10.61% ($0.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 1.42% ($146.6 mil)
    Quarterly Pretax return on assets: 1.25% ($129.0 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, 2011)

  • Dollar figures in thousands
  • 7Total employees (full-time equivalent)
  • $10,323Total assets
  • $486Cash and due from depository institutions
  • $199Interest-bearing balances
  • $800Securities
  • $450Federal funds sold & reverse repurchase agreements
  • $7,883Net loans & leases
  • $45Loan loss allowance
  • $0Trading account assets
  • $311Bank premises and fixed assets
  • $0Other real estate owned
  • $224Goodwill and other intangibles
  • $10,323Life insurance assets
  • $169All other assets
  • $9,117Total liabilities and capital
  • $9,114Total liabilities
  • $6,378Total deposits
  • $9,114Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3Subordinated debt
  • $1,206All other liabilities
  • $1,206Total equity capital
  • $1,206Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $765Surplus
  • $241Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3Income earned, not collected on loans
  • $0Earning assets
  • $77Long-term assets (5+ years)
  • $9,332Average Assets, year-to-date
  • $149Average Assets, quarterly
  • $10,089Volatile liabilities
  • $10,213Insider loans
  • $7,126FHLB advances
  • $10,090Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $982Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $665Restructured Loans and leases
  • $69Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $517Total interest income
  • $40Total interest expense
  • $477Net interest income
  • $25Provision for loan and lease losses
  • $164Total noninterest income
  • $0Fiduciary activities
  • $123Service charges on deposit accounts
  • $0Trading account gains & fees
  • $41Additional noninterest income
  • $473Total noninterest expense
  • $291Salaries and employee benefits
  • $83Premises and equipment expense
  • $99Additional noninterest expense
  • $143Pre-tax net operating income
  • $0Securities gains (losses)
  • $1Applicable income taxes
  • $142Income before extraordinary items
  • $0Extraordinary gains - net
  • $142Net income attributable to bank
  • $0Net charge-offs
  • $142Cash dividends
  • $10Sale, conversion, retirement of capital stock, net
  • $107Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.74%Yield on earning assets
  • 0.44%Cost of funding earning assets
  • 5.30%Net interest margin
  • 1.82%Noninterest income to earning assets
  • 5.25%Noninterest expense to earning assets
  • 1.41%Net operating income to assets
  • 1.41%Return on assets (ROA)
  • 1.42%Pretax return on assets
  • 11.93%Return on equity (ROE)
  • 2.94%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 250.00%Credit loss provision to net charge-offs
  • 16.80%Efficiency ratio
  • 73,791Assets per employee
  • 1.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 75.35%Loss allowance to loans
  • 0.57%Loss allowance to noncurrent loans
  • 1500.00%Noncurrent assets plus other real estate owned to assets
  • 0.03%Noncurrent loans to loans
  • 0.04%Net loans and leases to deposits
  • 86.49%Net loans and leases to core deposits
  • 86.49%Equity capital to assets
  • 11.68%Core capital (leverage) ratio
  • 9.73%Tier 1 risk-based capital ratio
  • 13.78%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $10,089Average earning assets
  • $1,190Average equity
  • $9,002Average loans

List of branches

  • 1 Oklahoma Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02668The First Bank Of Fairland32 West Conner Avenue, Fairland, OK 74343December 01, 1897Full Service Brick and Mortar

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