FDIC Certificate #: 405 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:BancFirst (#27476) Federal Reserve ID: 87551 Date Established: June 03, 1929 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 311 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: August 21, 1998 Last Structure Change Process Date: October 05, 1998 Last Data Update: October 05, 1998 Data Source Date: April 05, 2012
Location
Address: 501 C Street, Lawton, OK 73501 County: Comanche 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 Metropolitan Statistical Area (MSA): Lawton, OK (#4200) Core Based Statistical Area (CBSA): Lawton, OK (#30020) CBSA Metro Statistical Area: Lawton, OK (#30020)
Financial Summary
Total assets: $89.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
55Total employees (full-time equivalent)
$92,989Total assets
$7,003Cash and due from depository institutions
$0Interest-bearing balances
$24,416Securities
$4,115Federal funds sold & reverse repurchase agreements
$54,299Net loans & leases
$708Loan loss allowance
$0Trading account assets
$1,791Bank premises and fixed assets
$245Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,120All other assets
$92,989Total liabilities and capital
$84,577Total liabilities
$83,785Total deposits
$68,514Interest-bearing deposits
$83,785Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$792All other liabilities
$8,412Total equity capital
$8,412Total bank equity capital
$8,412Perpetual preferred stock
$0Common stock
$875Surplus
$3,500Undivided profits
Memoranda
$4,037Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$168Earning assets
$124Long-term assets (5+ years)
$568Average Assets, year-to-date
$82,830Average Assets, quarterly
$16,374Volatile liabilities
$89,957Insider loans
$90,861FHLB advances
$8,806Loans and leases held for sale
$1,847Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,303Total unused commitments
$0Restructured Loans and leases
$59,437Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$6,544Total interest income
$2,686Total interest expense
$3,858Net interest income
$282Provision for loan and lease losses
$761Total noninterest income
$0Fiduciary activities
$487Service charges on deposit accounts
$0Trading account gains & fees
$274Additional noninterest income
$3,205Total noninterest expense
$1,933Salaries and employee benefits
$496Premises and equipment expense
$776Additional noninterest expense
$1,132Pre-tax net operating income
$0Securities gains (losses)
$389Applicable income taxes
$743Income before extraordinary items
$0Extraordinary gains - net
$743Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$4Sale, conversion, retirement of capital stock, net
$500Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.15%Yield on earning assets
3.35%Cost of funding earning assets
4.81%Net interest margin
0.95%Noninterest income to earning assets
3.99%Noninterest expense to earning assets
0.83%Net operating income to assets
0.83%Return on assets (ROA)
1.26%Pretax return on assets
8.67%Return on equity (ROE)
2.84%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
7050.00%Credit loss provision to net charge-offs
353.50%Efficiency ratio
69,387Assets per employee
1.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
67.29%Loss allowance to loans
1.29%Loss allowance to noncurrent loans
421.43%Noncurrent assets plus other real estate owned to assets
0.18%Noncurrent loans to loans
0.31%Net loans and leases to deposits
64.81%Net loans and leases to core deposits
72.42%Equity capital to assets
9.05%Core capital (leverage) ratio
9.52%Tier 1 risk-based capital ratio
14.14%Total risk-based capital ratio
Memoranda
$15Average assets
$89,957Average earning assets
$8,569Average equity
$80,259Average loans
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