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

The First National Bank of Coweta - Overview

  • General
  • FDIC Certificate #: 4071
    Status: Active
    Federal Reserve ID: 61953
    Bank Holding Company (Regulatory Top Holder): First Coweta Corporation (RSSDID: 1063329, Location: Coweta, OK)
    Date Established: January 01, 1903
    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: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 9878
    FDIC's unique #: 2645
    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: 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: 106 S Broadway St, Coweta, OK 74429
    County: Wagoner
    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
    Metropolitan Statistical Area (MSA): Tulsa, OK (#8560)
    Combined Statistical Area (CSA): Tulsa-Bartlesville, OK (#538)
    Core Based Statistical Area (CBSA): Tulsa, OK (#46140)
    CBSA Metro Statistical Area: Tulsa, OK (#46140)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $66.6 mil
    Equity capital: $5.3 mil
    Deposits held in domestic offices: $61.3 mil
    Return on assets (ROA): 0.20% ($0.1 mil)
    Quarterly return on assets: 0.02% ($0.0 mil)
    Return on Equity (ROE): 2.48% ($0.1 mil)
    Quarterly return on equity: 0.22% ($0.0 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.20% ($133.3 mil)
    Quarterly Pretax return on assets: 0.02% ($13.3 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
  • 27Total employees (full-time equivalent)
  • $66,636Total assets
  • $10,109Cash and due from depository institutions
  • $9,231Interest-bearing balances
  • $24,232Securities
  • $1,722Federal funds sold & reverse repurchase agreements
  • $28,551Net loans & leases
  • $457Loan loss allowance
  • $0Trading account assets
  • $1,131Bank premises and fixed assets
  • $219Other real estate owned
  • $0Goodwill and other intangibles
  • $66,636Life insurance assets
  • $672All other assets
  • $61,287Total liabilities and capital
  • $61,256Total liabilities
  • $48,381Total deposits
  • $61,256Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $31Subordinated debt
  • $5,349All other liabilities
  • $5,349Total equity capital
  • $5,349Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $100Surplus
  • $5,149Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $581Income earned, not collected on loans
  • $0Earning assets
  • $307Long-term assets (5+ years)
  • $63,736Average Assets, year-to-date
  • $17,327Average Assets, quarterly
  • $65,442Volatile liabilities
  • $66,362Insider loans
  • $34,686FHLB advances
  • $66,609Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,281Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $440Restructured Loans and leases
  • $195Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,626Total interest income
  • $369Total interest expense
  • $2,257Net interest income
  • $58Provision for loan and lease losses
  • $617Total noninterest income
  • $0Fiduciary activities
  • $391Service charges on deposit accounts
  • $0Trading account gains & fees
  • $226Additional noninterest income
  • $2,683Total noninterest expense
  • $1,583Salaries and employee benefits
  • $400Premises and equipment expense
  • $700Additional noninterest expense
  • $133Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $133Income before extraordinary items
  • $0Extraordinary gains - net
  • $133Net income attributable to bank
  • $0Net charge-offs
  • $133Cash dividends
  • $33Sale, conversion, retirement of capital stock, net
  • $58Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.22%Yield on earning assets
  • 0.59%Cost of funding earning assets
  • 3.63%Net interest margin
  • 0.99%Noninterest income to earning assets
  • 4.31%Noninterest expense to earning assets
  • 0.20%Net operating income to assets
  • 0.20%Return on assets (ROA)
  • 0.20%Pretax return on assets
  • 2.48%Return on equity (ROE)
  • 1.40%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 175.76%Credit loss provision to net charge-offs
  • 5.79%Efficiency ratio
  • 93,354Assets per employee
  • 2.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 43.61%Loss allowance to loans
  • 1.58%Loss allowance to noncurrent loans
  • 78.66%Noncurrent assets plus other real estate owned to assets
  • 1.20%Noncurrent loans to loans
  • 2.00%Net loans and leases to deposits
  • 46.61%Net loans and leases to core deposits
  • 50.66%Equity capital to assets
  • 8.03%Core capital (leverage) ratio
  • 7.93%Tier 1 risk-based capital ratio
  • 15.23%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $65,442Average earning assets
  • $5,366Average equity
  • $62,248Average loans

List of branches

  • 3 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02645The First National Bank Of Coweta106 S Broadway St, Coweta, OK 74429January 01, 1903Full Service Brick and Mortar
    1202275Drive-In FacilitySycamore And Avenue D, Coweta, OK 74429March 13, 1979Limited Service Retail
    2202276Oneta Branch10097 South 241st East Avenue, Coweta, OK 74429December 15, 1999Full Service Brick and Mortar

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