The State Exchange Bank in Lamont, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches


The State Exchange Bank - Overview

  • General
  • FDIC Certificate #: 13551
    Status: Active
    Federal Reserve ID: 354851
    Bank Holding Company (Regulatory Top Holder): State Exchange Bancshares, Inc. (RSSDID: 1062500, Location: Lamont, OK)
    Date Established: October 01, 1901
    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 #: 8473
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    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: 101 South Main Street, Lamont, OK 74643
    County: Grant
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $55.1 mil
    Equity capital: $5.8 mil
    Deposits held in domestic offices: $42.9 mil
    Return on assets (ROA): 0.94% ($0.5 mil)
    Quarterly return on assets: 0.71% ($0.4 mil)
    Return on Equity (ROE): 10.07% ($0.6 mil)
    Quarterly return on equity: 7.04% ($0.4 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.55% ($853.8 mil)
    Quarterly Pretax return on assets: 1.15% ($633.5 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
  • 12Total employees (full-time equivalent)
  • $55,085Total assets
  • $13,598Cash and due from depository institutions
  • $12,470Interest-bearing balances
  • $4,635Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $34,779Net loans & leases
  • $1,529Loan loss allowance
  • $0Trading account assets
  • $55Bank premises and fixed assets
  • $100Other real estate owned
  • $0Goodwill and other intangibles
  • $55,085Life insurance assets
  • $1,918All other assets
  • $49,284Total liabilities and capital
  • $42,869Total liabilities
  • $31,566Total deposits
  • $42,869Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,350Trading liabilities
  • $0Other borrowed funds
  • $65Subordinated debt
  • $5,801All other liabilities
  • $5,801Total equity capital
  • $5,801Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $2,150Surplus
  • $3,401Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,946Income earned, not collected on loans
  • $0Earning assets
  • $616Long-term assets (5+ years)
  • $51,884Average Assets, year-to-date
  • $17,724Average Assets, quarterly
  • $59,207Volatile liabilities
  • $56,834Insider loans
  • $33,104FHLB advances
  • $56,952Loans and leases held for sale
  • $350Unused loan commitments
  • $350Tier 1 (core) risk-based capital
  • $5,781Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,907Restructured Loans and leases
  • $3Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,963Total interest income
  • $627Total interest expense
  • $2,336Net interest income
  • $0Provision for loan and lease losses
  • $235Total noninterest income
  • $0Fiduciary activities
  • $35Service charges on deposit accounts
  • $0Trading account gains & fees
  • $200Additional noninterest income
  • $1,659Total noninterest expense
  • $842Salaries and employee benefits
  • $79Premises and equipment expense
  • $738Additional noninterest expense
  • $912Pre-tax net operating income
  • $6Securities gains (losses)
  • $360Applicable income taxes
  • $558Income before extraordinary items
  • $0Extraordinary gains - net
  • $558Net income attributable to bank
  • $0Net charge-offs
  • $558Cash dividends
  • $152Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.28%Yield on earning assets
  • 1.12%Cost of funding earning assets
  • 4.17%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 2.96%Noninterest expense to earning assets
  • 0.94%Net operating income to assets
  • 0.94%Return on assets (ROA)
  • 1.55%Pretax return on assets
  • 10.07%Return on equity (ROE)
  • 10.07%Retained earnings to average equity (YTD only)
  • 0.40%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 6.00%Efficiency ratio
  • 64,527Assets per employee
  • 4.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.21%Loss allowance to noncurrent loans
  • 78.57%Noncurrent assets plus other real estate owned to assets
  • 3.71%Noncurrent loans to loans
  • 5.36%Net loans and leases to deposits
  • 81.13%Net loans and leases to core deposits
  • 84.53%Equity capital to assets
  • 10.53%Core capital (leverage) ratio
  • 10.15%Tier 1 risk-based capital ratio
  • 17.46%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $59,207Average earning assets
  • $5,541Average equity
  • $56,074Average loans

List of branches

  • 1 Oklahoma Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08473The State Exchange Bank101 South Main Street, Lamont, OK 74643October 01, 1901Full Service Brick and Mortar

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