FDIC Certificate #: 4232 Status: Active Federal Reserve ID: 952257 Bank Holding Company (Regulatory Top Holder): Garvin County Bancshares, Inc. (RSSDID: 2438205, Location: Wynnewood, OK) Date Established: August 01, 1910 WWW:http://www.sbwok.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 2776 Numeric code: 21 Regulator: FDIC 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: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: October 02, 2007 Last Structure Change Process Date: October 02, 2007 Last Data Update: October 02, 2007 Data Source Date: April 05, 2012
Location
Address: 109 South Dean A. Mcgee Street, Wynnewood, OK 73098 County: Garvin 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
Financial Summary
Total assets: $72.2 mil Equity capital: $10.3 mil Deposits held in domestic offices: $61.8 mil Return on assets (ROA): 1.94% ($1.4 mil) Quarterly return on assets: 1.76% ($1.3 mil) Return on Equity (ROE): 14.67% ($1.5 mil) Quarterly return on equity: 12.73% ($1.3 mil) Net income: $1.4 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.94% ($1,401.0 mil) Quarterly Pretax return on assets: 1.76% ($1,271.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
18Total employees (full-time equivalent)
$72,218Total assets
$1,336Cash and due from depository institutions
$0Interest-bearing balances
$25,590Securities
$62Federal funds sold & reverse repurchase agreements
$42,904Net loans & leases
$617Loan loss allowance
$0Trading account assets
$206Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$72,217Life insurance assets
$2,120All other assets
$61,921Total liabilities and capital
$61,846Total liabilities
$46,070Total deposits
$61,846Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$75Subordinated debt
$10,296All other liabilities
$10,296Total equity capital
$10,296Total bank equity capital
$0Perpetual preferred stock
$150Common stock
$1,650Surplus
$8,496Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$581Long-term assets (5+ years)
$68,556Average Assets, year-to-date
$19,557Average Assets, quarterly
$69,657Volatile liabilities
$73,289Insider loans
$51,043FHLB advances
$73,716Loans and leases held for sale
$1,122Unused loan commitments
$1,122Tier 1 (core) risk-based capital
$9,068Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,373Restructured Loans and leases
$878Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,536Total interest income
$540Total interest expense
$2,996Net interest income
$20Provision for loan and lease losses
$461Total noninterest income
$0Fiduciary activities
$334Service charges on deposit accounts
$0Trading account gains & fees
$127Additional noninterest income
$2,083Total noninterest expense
$1,176Salaries and employee benefits
$248Premises and equipment expense
$659Additional noninterest expense
$1,354Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,354Income before extraordinary items
$0Extraordinary gains - net
$1,354Net income attributable to bank
$0Net charge-offs
$1,354Cash dividends
$11Sale, conversion, retirement of capital stock, net
$345Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.35%Yield on earning assets
0.82%Cost of funding earning assets
4.53%Net interest margin
0.70%Noninterest income to earning assets
3.15%Noninterest expense to earning assets
1.94%Net operating income to assets
1.94%Return on assets (ROA)
1.94%Pretax return on assets
14.67%Return on equity (ROE)
10.93%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
181.82%Credit loss provision to net charge-offs
124.91%Efficiency ratio
60,255Assets per employee
4.01%Cash dividends to net income (YTD only)
Condition Ratios (%)
25.48%Loss allowance to loans
1.42%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
69.37%Net loans and leases to core deposits
72.49%Equity capital to assets
14.26%Core capital (leverage) ratio
12.30%Tier 1 risk-based capital ratio
17.77%Total risk-based capital ratio
Memoranda
$19Average assets
$69,657Average earning assets
$9,232Average equity
$66,151Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2776
The State Bank Of Wynnewood
109 South Dean A. Mcgee Street, Wynnewood, OK 73098
August 01, 1910
Full Service Brick and Mortar
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