The First National Bank in Altus in Altus, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • The First National Bank in Altus in Altus, Oklahoma (OK)
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The First National Bank in Altus - Overview

  • General
  • FDIC Certificate #: 4031
    Status: Active
    Federal Reserve ID: 245351
    Bank Holding Company (Regulatory Top Holder): First Altus Bancorp, Inc. (RSSDID: 1056134, Location: Altus, OK)
    Date Established: January 01, 1902
    WWW: http://www.fnbaltus.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: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 2612
    Numeric code: 3
    Regulator: OCC
    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: No
    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: 110 East Broadway, Altus, OK 73521
    County: Jackson
    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): Altus, OK (#11060)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $287.0 mil
    Equity capital: $30.6 mil
    Deposits held in domestic offices: $208.3 mil
    Return on assets (ROA): 1.39% ($4.0 mil)
    Quarterly return on assets: 1.29% ($3.7 mil)
    Return on Equity (ROE): 13.08% ($4.1 mil)
    Quarterly return on equity: 11.63% ($3.6 mil)
    Net income: $3.9 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 1.39% ($3,989.5 mil)
    Quarterly Pretax return on assets: 1.29% ($3,702.5 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
  • 61Total employees (full-time equivalent)
  • $287,016Total assets
  • $12,419Cash and due from depository institutions
  • $5,343Interest-bearing balances
  • $207,644Securities
  • $664Federal funds sold & reverse repurchase agreements
  • $55,582Net loans & leases
  • $1,435Loan loss allowance
  • $0Trading account assets
  • $2,481Bank premises and fixed assets
  • $2,101Other real estate owned
  • $0Goodwill and other intangibles
  • $287,016Life insurance assets
  • $6,125All other assets
  • $256,424Total liabilities and capital
  • $208,300Total liabilities
  • $167,302Total deposits
  • $208,300Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 15238.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $32,000Trading liabilities
  • $0Other borrowed funds
  • $886Subordinated debt
  • $30,592All other liabilities
  • $30,592Total equity capital
  • $30,592Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $1,000Surplus
  • $28,592Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,762Income earned, not collected on loans
  • $0Earning assets
  • $1,489Long-term assets (5+ years)
  • $269,233Average Assets, year-to-date
  • $209,750Average Assets, quarterly
  • $281,985Volatile liabilities
  • $287,884Insider loans
  • $94,555FHLB advances
  • $286,628Loans and leases held for sale
  • $265Unused loan commitments
  • $265Tier 1 (core) risk-based capital
  • $24,470Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,045Restructured Loans and leases
  • $540Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,620Total interest income
  • $2,704Total interest expense
  • $8,916Net interest income
  • $375Provision for loan and lease losses
  • $974Total noninterest income
  • $0Fiduciary activities
  • $657Service charges on deposit accounts
  • $0Trading account gains & fees
  • $317Additional noninterest income
  • $5,920Total noninterest expense
  • $3,387Salaries and employee benefits
  • $580Premises and equipment expense
  • $1,953Additional noninterest expense
  • $3,595Pre-tax net operating income
  • $318Securities gains (losses)
  • $0Applicable income taxes
  • $3,913Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,913Net income attributable to bank
  • $0Net charge-offs
  • $3,913Cash dividends
  • $145Sale, conversion, retirement of capital stock, net
  • $3,351Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.38%Yield on earning assets
  • 1.02%Cost of funding earning assets
  • 3.36%Net interest margin
  • 0.37%Noninterest income to earning assets
  • 2.23%Noninterest expense to earning assets
  • 1.27%Net operating income to assets
  • 1.39%Return on assets (ROA)
  • 1.39%Pretax return on assets
  • 13.08%Return on equity (ROE)
  • 1.88%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 258.62%Credit loss provision to net charge-offs
  • 27.38%Efficiency ratio
  • 59,858Assets per employee
  • 4.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 85.64%Loss allowance to loans
  • 2.52%Loss allowance to noncurrent loans
  • 81.44%Noncurrent assets plus other real estate owned to assets
  • 1.35%Noncurrent loans to loans
  • 3.09%Net loans and leases to deposits
  • 26.68%Net loans and leases to core deposits
  • 33.47%Equity capital to assets
  • 10.66%Core capital (leverage) ratio
  • 8.54%Tier 1 risk-based capital ratio
  • 25.88%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $281,985Average earning assets
  • $29,918Average equity
  • $265,431Average loans

List of branches

  • 6 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02612The First National Bank In Altus110 East Broadway, Altus, OK 73521January 01, 1902Full Service Brick and Mortar
    1202232Bunker Hill Branch1606 North Main Street, Altus, OK 73521March 07, 1985Full Service Brick and Mortar
    3181624Mountain Park BranchU.S. Highway 183 And Oak Street, Mountain Park, OK 73559April 02, 1984Full Service Brick and Mortar
    42762Tipton Branch100 South Broadway, Tipton, OK 73570January 01, 1917Full Service Brick and Mortar
    6269640Hobart Branch229 South Broadway, Hobart, OK 73651January 01, 1920Full Service Brick and Mortar
    7288331Frederick Branch815 N 10th Street, Frederick, OK 73542November 19, 1987Full Service Brick and Mortar

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