FDIC Certificate #: 1165 Status: Active Federal Reserve ID: 918150 Date Established: October 28, 1892 WWW:http://www.firstbankokarche.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 797 Numeric code: 21 Regulator: FDIC 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: 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: 202 Oklahoma Avenue, Okarche, OK 73762 County: Canadian 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): Oklahoma City, OK (#5880) Combined Statistical Area (CSA): Oklahoma City-Shawnee, OK (#416) Core Based Statistical Area (CBSA): Oklahoma City, OK (#36420) CBSA Metro Statistical Area: Oklahoma City, OK (#36420)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $63.7 mil Equity capital: $8.5 mil Deposits held in domestic offices: $55.1 mil Return on assets (ROA): 1.89% ($1.2 mil) Quarterly return on assets: 1.69% ($1.1 mil) Return on Equity (ROE): 13.76% ($1.1 mil) Quarterly return on equity: 12.51% ($1.0 mil) Net income: $1.2 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.89% ($1,203.4 mil) Quarterly Pretax return on assets: 1.69% ($1,076.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$63,672Total assets
$7,685Cash and due from depository institutions
$7,089Interest-bearing balances
$20,700Securities
$0Federal funds sold & reverse repurchase agreements
$34,274Net loans & leases
$589Loan loss allowance
$0Trading account assets
$182Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$63,672Life insurance assets
$831All other assets
$55,193Total liabilities and capital
$55,145Total liabilities
$42,608Total deposits
$55,145Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$48Subordinated debt
$8,479All other liabilities
$8,479Total equity capital
$8,479Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$400Surplus
$7,779Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$880Income earned, not collected on loans
$0Earning assets
$669Long-term assets (5+ years)
$62,063Average Assets, year-to-date
$13,333Average Assets, quarterly
$62,082Volatile liabilities
$63,795Insider loans
$41,588FHLB advances
$63,590Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,479Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,224Restructured Loans and leases
$804Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,429Total interest income
$268Total interest expense
$2,161Net interest income
$83Provision for loan and lease losses
$197Total noninterest income
$0Fiduciary activities
$110Service charges on deposit accounts
$0Trading account gains & fees
$87Additional noninterest income
$1,102Total noninterest expense
$688Salaries and employee benefits
$61Premises and equipment expense
$353Additional noninterest expense
$1,173Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,173Income before extraordinary items
$0Extraordinary gains - net
$1,173Net income attributable to bank
$0Net charge-offs
$1,173Cash dividends
$76Sale, conversion, retirement of capital stock, net
$945Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.04%Yield on earning assets
0.45%Cost of funding earning assets
3.60%Net interest margin
0.33%Noninterest income to earning assets
1.83%Noninterest expense to earning assets
1.89%Net operating income to assets
1.89%Return on assets (ROA)
1.89%Pretax return on assets
13.76%Return on equity (ROE)
2.67%Retained earnings to average equity (YTD only)
0.24%Net charge-offs to loans
109.21%Credit loss provision to net charge-offs
16.53%Efficiency ratio
46,735Assets per employee
7.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
80.56%Loss allowance to loans
1.69%Loss allowance to noncurrent loans
66.93%Noncurrent assets plus other real estate owned to assets
1.38%Noncurrent loans to loans
2.52%Net loans and leases to deposits
62.15%Net loans and leases to core deposits
64.49%Equity capital to assets
13.32%Core capital (leverage) ratio
13.33%Tier 1 risk-based capital ratio
20.39%Total risk-based capital ratio
Memoranda
$22Average assets
$62,082Average earning assets
$8,523Average equity
$60,087Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
797
The First Bank Of Okarche
202 Oklahoma Avenue, Okarche, OK 73762
October 28, 1892
Full Service Brick and Mortar
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