The Payne County Bank in Perkins, Oklahoma (OK)

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The Payne County Bank routing number info

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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
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
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
Undivided profits $22,195
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
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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
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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%
Average assets$29
Average earning assets$122,650
Average equity $21,978
Average loans $113,238
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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
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