U.S. National Bank in Midwest City, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 05, 2002

  • U.S. National Bank in Midwest City, Oklahoma (OK)
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U.S. National Bank - Overview

  • General
  • FDIC Certificate #: 34605
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Local Oklahoma Bank (#28542)
    Federal Reserve ID: 2612162
    Date Established: December 02, 1997
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 60770
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: December 02, 1997
    Last Structure Change Effective Date: November 05, 2002
    Last Structure Change Process Date: December 30, 2002
    Last Data Update: December 30, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 2200 South Douglas Boulevard, Midwest City, OK 73130
    County: Oklahoma
    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): Oklahoma City, OK (#5880)
    Combined Statistical Area (CSA): Oklahoma City-Shawnee, OK (#416)
    Core Based Statistical Area (CBSA): Oklahoma City, OK (#36420)
    CBSA Metro Statistical Area: Oklahoma City, OK (#36420)
  • Financial Summary
  • Total assets: $34.9 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, 2001)

  • Dollar figures in thousands
  • 14Total employees (full-time equivalent)
  • $38,496Total assets
  • $4,952Cash and due from depository institutions
  • $100Interest-bearing balances
  • $506Securities
  • $2,440Federal funds sold & reverse repurchase agreements
  • $28,153Net loans & leases
  • $255Loan loss allowance
  • $0Trading account assets
  • $1,705Bank premises and fixed assets
  • $176Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $564All other assets
  • $38,496Total liabilities and capital
  • $34,796Total liabilities
  • $34,742Total deposits
  • $25,880Interest-bearing deposits
  • $34,742Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $54All other liabilities
  • $3,700Total equity capital
  • $3,700Total bank equity capital
  • $3,700Perpetual preferred stock
  • $0Common stock
  • $1,875Surplus
  • $1,875Undivided profits
  • Memoranda
  • $-50Noncurrent loans and leases
  • $5,908Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $162Average Assets, year-to-date
  • $31,199Average Assets, quarterly
  • $729Volatile liabilities
  • $31,249Insider loans
  • $36,509FHLB advances
  • $4,548Loans and leases held for sale
  • $1,077Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,908Total unused commitments
  • $0Restructured Loans and leases
  • $255Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $1,964Total interest income
  • $778Total interest expense
  • $1,186Net interest income
  • $101Provision for loan and lease losses
  • $388Total noninterest income
  • $0Fiduciary activities
  • $103Service charges on deposit accounts
  • $0Trading account gains & fees
  • $285Additional noninterest income
  • $1,371Total noninterest expense
  • $726Salaries and employee benefits
  • $196Premises and equipment expense
  • $449Additional noninterest expense
  • $102Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $102Income before extraordinary items
  • $0Extraordinary gains - net
  • $102Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $16Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.46%Yield on earning assets
  • 2.96%Cost of funding earning assets
  • 4.50%Net interest margin
  • 1.47%Noninterest income to earning assets
  • 5.21%Noninterest expense to earning assets
  • 0.33%Net operating income to assets
  • 0.33%Return on assets (ROA)
  • 0.33%Pretax return on assets
  • 2.82%Return on equity (ROE)
  • 2.82%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 631.25%Credit loss provision to net charge-offs
  • 12.69%Efficiency ratio
  • 87,103Assets per employee
  • 2.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.90%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 81.03%Net loans and leases to core deposits
  • 93.24%Equity capital to assets
  • 9.61%Core capital (leverage) ratio
  • 10.63%Tier 1 risk-based capital ratio
  • 12.76%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $31,249Average earning assets
  • $3,623Average equity
  • $26,327Average loans

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