The Payne County Bank in Perkins, Oklahoma (OK)



Show street view No street view available for this location

The Payne County Bank routing number info

Table of contents:
The Payne County Bank
GeneralFDIC Certificate #: 12485
Status: Active
Federal Reserve ID: 455150
Bank Holding Company (Regulatory Top Holder): Employee Stock Ownership Plan For Employees Of Payne County Bank (RSSDID: 2168977, Location: Perkins, OK)
Date Established: January 08, 1898
WWW: http://www.paynecountybank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Domestic: 1, Interstate: No)
OTS Docket #: 52307
FDIC's unique #: 7945
Numeric code: 13
Regulator: FED
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: Yes
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
LocationAddress: 202 South Main Street, Perkins, OK 74059
County: Payne
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
Core Based Statistical Area (CBSA): Stillwater, OK (#44660)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $124.7 mil
Equity capital: $23.2 mil
Deposits held in domestic offices: $101.2 mil
Return on assets (ROA): 2.27% ($2.8 mil)
Quarterly return on assets: 0.57% ($0.7 mil)
Return on Equity (ROE): 12.68% ($2.9 mil)
Quarterly return on equity: 3.06% ($0.7 mil)
Net income: $2.8 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 2.27% ($2,831.1 mil)
Quarterly Pretax return on assets: 0.57% ($710.9 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)29
Total assets$124,720
Cash and due from depository institutions$5,541
Interest-bearing balances$1,530
Securities$39,029
Federal funds sold & reverse repurchase agreements$3,198
Net loans & leases$71,296
Loan loss allowance $896
Trading account assets$0
Bank premises and fixed assets$1,070
Other real estate owned$19
Goodwill and other intangibles$0
All other assets$4,567
Life insurance assets$124,720
Total liabilities and capital$101,525
Total liabilities$101,200
Total deposits$83,214
Interest-bearing deposits$101,200
Deposits held in domestic offices$97
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $325
All other liabilities $23,195
Total equity capital$23,195
Total bank equity capital$23,195
Perpetual preferred stock$0
Common stock$300
Surplus$700
Undivided profits $22,195
Memoranda
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 $627
Earning assets $0
Long-term assets (5+ years) $904
Average Assets, year-to-date $115,053
Average Assets, quarterly $38,073
Volatile liabilities $122,650
Insider loans $124,785
FHLB advances $77,057
Loans and leases held for sale $125,226
Unused loan commitments $3,147
Tier 1 (core) risk-based capital $1,788
Tier 2 risk-based capital $21,180
Total risk weighted assets $1,359
Total unused commitments $0
Restructured Loans and leases $6,804
Derivatives$43
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $6,727
Total interest expense $891
Net interest income $5,836
Provision for loan and lease losses $125
Total noninterest income $997
Fiduciary activities $0
Service charges on deposit accounts $363
Trading account gains & fees $0
Additional noninterest income $634
Total noninterest expense $3,938
Salaries and employee benefits $2,714
Premises and equipment expense $292
Additional noninterest expense $932
Pre-tax net operating income $2,770
Securities gains (losses) $17
Applicable income taxes $0
Income before extraordinary items $2,787
Extraordinary gains - net $0
Net income attributable to bank $2,787
Net charge-offs $0
Cash dividends $2,787
Sale, conversion, retirement of capital stock, net $203
Net operating income $1,320
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.94%
Cost of funding earning assets 0.79%
Net interest margin 5.15%
Noninterest income to earning assets 0.88%
Noninterest expense to earning assets 3.48%
Net operating income to assets 2.26%
Return on assets (ROA) 2.27%
Pretax return on assets 2.27%
Return on equity (ROE) 12.68%
Retained earnings to average equity (YTD only) 6.67%
Net charge-offs to loans 0.27%
Credit loss provision to net charge-offs 61.58%
Efficiency ratio14.26%
Assets per employee$57,632
Cash dividends to net income (YTD only)4.30%
Condition Ratios (%)
Loss allowance to loans 47.36%
Loss allowance to noncurrent loans 1.24%
Noncurrent assets plus other real estate owned to assets 142.90%
Noncurrent loans to loans 0.52%
Net loans and leases to deposits0.87%
Net loans and leases to core deposits 70.45%
Equity capital to assets 73.13%
Core capital (leverage) ratio 18.60%
Tier 1 risk-based capital ratio 16.91%
Total risk-based capital ratio 27.49%
Memoranda
Average assets$29
Average earning assets$122,650
Average equity $21,978
Average loans $113,238
Back to page top, Back to table top

1 Oklahoma Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
07945The Payne County Bank202 South Main Street, Perkins, OK 74059January 08, 1898Full Service Brick and Mortar
Back to page top

User Contributions:

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 Payne County 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.