The First State Bank in Camargo, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 28, 2011

  • The First State Bank in Camargo, Oklahoma (OK)
  • Show street view No street view available for this location

The First State Bank - Overview

  • General
  • FDIC Certificate #: 2303
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Bank 7 (#4147)
    Federal Reserve ID: 54357
    Date Established: September 29, 1911
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 1522
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 28, 2011
    Last Structure Change Process Date: January 31, 2011
    Last Data Update: January 31, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1001 Main Street, Camargo, OK 73835
    County: Dewey
    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
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $44.5 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, 2010)

  • Dollar figures in thousands
  • 8Total employees (full-time equivalent)
  • $44,546Total assets
  • $1,075Cash and due from depository institutions
  • $0Interest-bearing balances
  • $325Securities
  • $5,234Federal funds sold & reverse repurchase agreements
  • $35,445Net loans & leases
  • $372Loan loss allowance
  • $0Trading account assets
  • $314Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $276Life insurance assets
  • $2,153All other assets
  • $44,546Total liabilities and capital
  • $41,285Total liabilities
  • $41,204Total deposits
  • $38,858Interest-bearing deposits
  • $41,204Deposits held in domestic offices
  • 99.42%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $81All other liabilities
  • $3,261Total equity capital
  • $3,261Total bank equity capital
  • $3,261Perpetual preferred stock
  • $0Common stock
  • $125Surplus
  • $575Undivided profits
  • Memoranda
  • $2,561Noncurrent loans and leases
  • $1,054Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,894Earning assets
  • $0Long-term assets (5+ years)
  • $1,723Average Assets, year-to-date
  • $41,004Average Assets, quarterly
  • $2,123Volatile liabilities
  • $41,264Insider loans
  • $44,014FHLB advances
  • $15,471Loans and leases held for sale
  • $218Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,054Total unused commitments
  • $0Restructured Loans and leases
  • $372Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $3,456Total interest income
  • $1,037Total interest expense
  • $2,419Net interest income
  • $660Provision for loan and lease losses
  • $204Total noninterest income
  • $0Fiduciary activities
  • $164Service charges on deposit accounts
  • $0Trading account gains & fees
  • $40Additional noninterest income
  • $1,209Total noninterest expense
  • $555Salaries and employee benefits
  • $221Premises and equipment expense
  • $433Additional noninterest expense
  • $754Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $754Income before extraordinary items
  • $0Extraordinary gains - net
  • $754Net income attributable to bank
  • $0Net charge-offs
  • $754Cash dividends
  • $614Sale, conversion, retirement of capital stock, net
  • $425Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.08%Yield on earning assets
  • 2.73%Cost of funding earning assets
  • 6.36%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 3.18%Noninterest expense to earning assets
  • 1.83%Net operating income to assets
  • 1.83%Return on assets (ROA)
  • 1.83%Pretax return on assets
  • 24.05%Return on equity (ROE)
  • 10.49%Retained earnings to average equity (YTD only)
  • 1.76%Net charge-offs to loans
  • 107.49%Credit loss provision to net charge-offs
  • 2.30%Efficiency ratio
  • 46,092Assets per employee
  • 5.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 56.37%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 19.64%Noncurrent assets plus other real estate owned to assets
  • 4.25%Noncurrent loans to loans
  • 5.29%Net loans and leases to deposits
  • 86.02%Net loans and leases to core deposits
  • 137.74%Equity capital to assets
  • 7.32%Core capital (leverage) ratio
  • 7.12%Tier 1 risk-based capital ratio
  • 8.60%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $41,264Average earning assets
  • $3,136Average equity
  • $38,054Average loans

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The First State Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents