The First National Bank & Trust in Elk City, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • The First National Bank & Trust in Elk City, Oklahoma (OK)
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The First National Bank & Trust - Overview

  • General
  • FDIC Certificate #: 4086
    Status: Active
    Federal Reserve ID: 114457
    Bank Holding Company (Regulatory Top Holder): Western Oklahoma Financial Services, Inc. (RSSDID: 2293507, Location: Elk City, OK)
    Date Established: April 19, 1901
    Trust Powers Granted: Yes
    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 #: 13889
    FDIC's unique #: 2659
    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: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    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: 2714 West Third Street, Elk City, OK 73644
    County: Beckham
    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
    Core Based Statistical Area (CBSA): Elk City, OK (#21120)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Name Change
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $284.2 mil
    Equity capital: $32.5 mil
    Deposits held in domestic offices: $251.5 mil
    Return on assets (ROA): 1.96% ($5.6 mil)
    Quarterly return on assets: 1.91% ($5.4 mil)
    Return on Equity (ROE): 18.77% ($6.2 mil)
    Quarterly return on equity: 17.23% ($5.7 mil)
    Net income: $5.5 mil
    Quarterly Net income: $1.4 mil
    Pretax return on assets: 1.96% ($5,570.7 mil)
    Quarterly Pretax return on assets: 1.91% ($5,428.6 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
  • 43Total employees (full-time equivalent)
  • $284,218Total assets
  • $3,885Cash and due from depository institutions
  • $1,252Interest-bearing balances
  • $112,649Securities
  • $252Federal funds sold & reverse repurchase agreements
  • $158,687Net loans & leases
  • $2,330Loan loss allowance
  • $0Trading account assets
  • $4,972Bank premises and fixed assets
  • $0Other real estate owned
  • $42Goodwill and other intangibles
  • $284,218Life insurance assets
  • $3,731All other assets
  • $251,676Total liabilities and capital
  • $251,510Total liabilities
  • $228,372Total deposits
  • $251,510Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $166Subordinated debt
  • $32,542All other liabilities
  • $32,542Total equity capital
  • $32,542Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $500Surplus
  • $31,842Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $419Income earned, not collected on loans
  • $0Earning assets
  • $2,180Long-term assets (5+ years)
  • $272,840Average Assets, year-to-date
  • $141,663Average Assets, quarterly
  • $282,191Volatile liabilities
  • $286,602Insider loans
  • $160,176FHLB advances
  • $289,033Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $29,158Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $20,701Restructured Loans and leases
  • $841Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,645Total interest income
  • $2,717Total interest expense
  • $9,928Net interest income
  • $517Provision for loan and lease losses
  • $1,564Total noninterest income
  • $28Fiduciary activities
  • $636Service charges on deposit accounts
  • $0Trading account gains & fees
  • $900Additional noninterest income
  • $5,456Total noninterest expense
  • $3,102Salaries and employee benefits
  • $777Premises and equipment expense
  • $1,577Additional noninterest expense
  • $5,519Pre-tax net operating income
  • $5Securities gains (losses)
  • $0Applicable income taxes
  • $5,524Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,524Net income attributable to bank
  • $0Net charge-offs
  • $5,524Cash dividends
  • $237Sale, conversion, retirement of capital stock, net
  • $2,226Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.69%Yield on earning assets
  • 1.01%Cost of funding earning assets
  • 3.68%Net interest margin
  • 0.58%Noninterest income to earning assets
  • 2.02%Noninterest expense to earning assets
  • 1.96%Net operating income to assets
  • 1.96%Return on assets (ROA)
  • 1.96%Pretax return on assets
  • 18.77%Return on equity (ROE)
  • 11.20%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 218.14%Credit loss provision to net charge-offs
  • 25.47%Efficiency ratio
  • 47,250Assets per employee
  • 6.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.30%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 556.09%Noncurrent assets plus other real estate owned to assets
  • 0.15%Noncurrent loans to loans
  • 0.26%Net loans and leases to deposits
  • 63.09%Net loans and leases to core deposits
  • 68.98%Equity capital to assets
  • 11.45%Core capital (leverage) ratio
  • 10.09%Tier 1 risk-based capital ratio
  • 18.20%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $282,191Average earning assets
  • $29,438Average equity
  • $269,530Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $5,943Managed Assets
  • 1Number of Accounts
  • $4,789Personal trust and agency accounts
  • $4,789Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 12Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,154Other retirement accounts
  • $1,154Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 3 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02659The First National Bank & Trust2714 West Third Street, Elk City, OK 73644April 19, 1901Full Service Brick and Mortar
    3202295Main Branch102 South Main Street, Elk City, OK 73644December 01, 1986Full Service Brick and Mortar
    4202296Sayre Branch715 Northeast Highway 66, Sayre, OK 73662Febuary 03, 1997Full Service Brick and Mortar

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