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

  • The Peoples National Bank of Checotah in Checotah, Oklahoma (OK)
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The Peoples National Bank of Checotah - Overview

  • General
  • FDIC Certificate #: 4059
    Status: Active
    Federal Reserve ID: 942454
    Bank Holding Company (Regulatory Top Holder): Peoples National Bancshares Of Checotah, Inc. (RSSDID: 1066852, Location: Checotah, OK)
    Date Established: January 01, 1911
    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 #: 52099
    FDIC's unique #: 2634
    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: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: Broadway And Gentry, Checotah, OK 74426
    County: Mcintosh
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $124.0 mil
    Equity capital: $19.6 mil
    Deposits held in domestic offices: $101.8 mil
    Return on assets (ROA): 1.74% ($2.2 mil)
    Quarterly return on assets: 1.99% ($2.5 mil)
    Return on Equity (ROE): 10.78% ($2.2 mil)
    Quarterly return on equity: 12.54% ($2.5 mil)
    Net income: $2.1 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.74% ($2,156.8 mil)
    Quarterly Pretax return on assets: 1.99% ($2,466.7 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
  • 40Total employees (full-time equivalent)
  • $123,955Total assets
  • $12,432Cash and due from depository institutions
  • $2,750Interest-bearing balances
  • $42,597Securities
  • $10,223Federal funds sold & reverse repurchase agreements
  • $51,788Net loans & leases
  • $1,103Loan loss allowance
  • $0Trading account assets
  • $757Bank premises and fixed assets
  • $225Other real estate owned
  • $0Goodwill and other intangibles
  • $123,955Life insurance assets
  • $5,933All other assets
  • $104,346Total liabilities and capital
  • $101,821Total liabilities
  • $81,799Total deposits
  • $101,821Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,525Subordinated debt
  • $19,609All other liabilities
  • $19,609Total equity capital
  • $19,609Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $200Surplus
  • $19,359Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $164Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $485Income earned, not collected on loans
  • $0Earning assets
  • $694Long-term assets (5+ years)
  • $107,358Average Assets, year-to-date
  • $17,073Average Assets, quarterly
  • $123,039Volatile liabilities
  • $123,899Insider loans
  • $67,414FHLB advances
  • $124,223Loans and leases held for sale
  • $4,577Unused loan commitments
  • $4,577Tier 1 (core) risk-based capital
  • $18,982Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,984Restructured Loans and leases
  • $122Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,110Total interest income
  • $868Total interest expense
  • $4,242Net interest income
  • $80Provision for loan and lease losses
  • $1,695Total noninterest income
  • $0Fiduciary activities
  • $1,128Service charges on deposit accounts
  • $0Trading account gains & fees
  • $567Additional noninterest income
  • $3,712Total noninterest expense
  • $2,050Salaries and employee benefits
  • $376Premises and equipment expense
  • $1,286Additional noninterest expense
  • $2,145Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $2,145Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,145Net income attributable to bank
  • $0Net charge-offs
  • $2,145Cash dividends
  • $123Sale, conversion, retirement of capital stock, net
  • $2,500Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.69%Yield on earning assets
  • 0.80%Cost of funding earning assets
  • 3.89%Net interest margin
  • 1.56%Noninterest income to earning assets
  • 3.41%Noninterest expense to earning assets
  • 1.74%Net operating income to assets
  • 1.74%Return on assets (ROA)
  • 1.74%Pretax return on assets
  • 10.78%Return on equity (ROE)
  • -1.78%Retained earnings to average equity (YTD only)
  • 0.24%Net charge-offs to loans
  • 65.04%Credit loss provision to net charge-offs
  • 18.09%Efficiency ratio
  • 62,523Assets per employee
  • 3.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 116.55%Loss allowance to loans
  • 2.09%Loss allowance to noncurrent loans
  • 227.42%Noncurrent assets plus other real estate owned to assets
  • 0.57%Noncurrent loans to loans
  • 0.92%Net loans and leases to deposits
  • 50.86%Net loans and leases to core deposits
  • 55.09%Equity capital to assets
  • 15.82%Core capital (leverage) ratio
  • 15.28%Tier 1 risk-based capital ratio
  • 28.16%Total risk-based capital ratio
  • Memoranda
  • $29Average assets
  • $123,039Average earning assets
  • $19,899Average equity
  • $108,960Average loans

List of branches

  • 3 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02634The Peoples National Bank Of ChecotaBroadway And Gentry, Checotah, OK 74426January 01, 1911Full Service Brick and Mortar
    1202257Drive-In Branch310 North Broadway Street, Checotah, OK 74426April 19, 1971Limited Service Facility
    3478556Wal-Mart Branch131 Paul Carr Drive, Checotah, OK 74426March 05, 2008Limited Service Facility

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