The First State Bank in Fairfax, Oklahoma (OK)

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The First State Bank routing number info

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The First State Bank
GeneralFDIC Certificate #: 2335
Status: Active
Federal Reserve ID: 183154
Date Established: January 01, 1933
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 1549
Numeric code: 13
Regulator: FED
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: No
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
LocationAddress: 308 North Main Street, Fairfax, OK 74637
County: Osage
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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $43.3 mil
Equity capital: $5.6 mil
Deposits held in domestic offices: $37.5 mil
Return on assets (ROA): -0.07% (-$0.0 mil)
Quarterly return on assets: -0.31% (-$0.1 mil)
Return on Equity (ROE): -0.48% (-$0.0 mil)
Quarterly return on equity: -2.26% (-$0.1 mil)
Net income: -$0.0 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: -0.06% (-$26.0 mil)
Quarterly Pretax return on assets: -0.27% (-$116.8 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)
Total employees (full-time equivalent)19
Total assets$43,258
Cash and due from depository institutions$2,100
Interest-bearing balances$1,049
Federal funds sold & reverse repurchase agreements$4,548
Net loans & leases$17,097
Loan loss allowance $242
Trading account assets$0
Bank premises and fixed assets$727
Other real estate owned$124
Goodwill and other intangibles$0
All other assets$751
Life insurance assets$43,258
Total liabilities and capital$37,643
Total liabilities$37,514
Total deposits$27,771
Interest-bearing deposits$37,514
Deposits held in domestic offices$90
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $129
All other liabilities $5,615
Total equity capital$5,615
Total bank equity capital$5,615
Perpetual preferred stock$0
Common stock$86
Undivided profits $4,515
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $354
Earning assets $0
Long-term assets (5+ years) $211
Average Assets, year-to-date $40,605
Average Assets, quarterly $9,548
Volatile liabilities $40,223
Insider loans $41,814
FHLB advances $21,413
Loans and leases held for sale $41,021
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $5,478
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $918
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,586
Total interest expense $309
Net interest income $1,277
Provision for loan and lease losses $0
Total noninterest income $297
Fiduciary activities $0
Service charges on deposit accounts $271
Trading account gains & fees $0
Additional noninterest income $26
Total noninterest expense $1,723
Salaries and employee benefits $861
Premises and equipment expense $143
Additional noninterest expense $719
Pre-tax net operating income -$149
Securities gains (losses) $126
Applicable income taxes $4
Income before extraordinary items -$27
Extraordinary gains - net $0
Net income attributable to bank -$27
Net charge-offs $0
Cash dividends -$27
Sale, conversion, retirement of capital stock, net $66
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.23%
Cost of funding earning assets 0.82%
Net interest margin 3.41%
Noninterest income to earning assets 0.79%
Noninterest expense to earning assets 4.60%
Net operating income to assets -0.38%
Return on assets (ROA) -0.07%
Pretax return on assets -0.06%
Return on equity (ROE) -0.48%
Retained earnings to average equity (YTD only) -0.48%
Net charge-offs to loans 0.35%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio-2.26%
Assets per employee$109,466
Cash dividends to net income (YTD only)2.28%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.40%
Noncurrent assets plus other real estate owned to assets 68.36%
Noncurrent loans to loans 1.10%
Net loans and leases to deposits2.04%
Net loans and leases to core deposits 45.57%
Equity capital to assets 52.15%
Core capital (leverage) ratio 12.98%
Tier 1 risk-based capital ratio 13.35%
Total risk-based capital ratio 25.58%
Average assets$27
Average earning assets$40,223
Average equity $5,658
Average loans $37,465
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2 Oklahoma Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
01549The First State Bank308 North Main Street, Fairfax, OK 74637January 01, 1933Full Service Brick and Mortar
1192493Ralston Branch520 Main Street, Ralston, OK 74650October 19, 1984Full Service Brick and Mortar
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