Vision Bank, National Association in Ada, Oklahoma (OK)



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Vision Bank, National Association routing number info

Table of contents:
Vision Bank, National Association
GeneralFDIC Certificate #: 4029
Status: Active
Federal Reserve ID: 241157
Bank Holding Company (Regulatory Top Holder): Vision Bancshares, Inc. (RSSDID: 3292253, Location: Ada, OK)
Date Established: November 01, 1924
WWW: http://www.visionbankok.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 7 (Domestic: 7, Interstate: No)
OTS Docket #: 9919
FDIC's unique #: 2610
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: Commercial Lending 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
LocationAddress: 101 East Main Street, Ada, OK 74820
County: Pontotoc
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
Core Based Statistical Area (CBSA): Ada, OK (#10220)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $552.0 mil
Equity capital: $52.4 mil
Deposits held in domestic offices: $412.2 mil
Return on assets (ROA): 1.06% ($5.9 mil)
Quarterly return on assets: 1.51% ($8.3 mil)
Return on Equity (ROE): 12.37% ($6.4 mil)
Quarterly return on equity: 15.94% ($8.3 mil)
Net income: $6.0 mil
Quarterly Net income: $2.1 mil
Pretax return on assets: 1.06% ($5,851.4 mil)
Quarterly Pretax return on assets: 1.51% ($8,335.4 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)
Total employees (full-time equivalent)197
Total assets$552,016
Cash and due from depository institutions$28,903
Interest-bearing balances$6,131
Securities$137,446
Federal funds sold & reverse repurchase agreements$13,173
Net loans & leases$336,872
Loan loss allowance $4,122
Trading account assets$0
Bank premises and fixed assets$17,582
Other real estate owned$1,825
Goodwill and other intangibles$532
All other assets$15,683
Life insurance assets$552,016
Total liabilities and capital$499,640
Total liabilities$412,153
Total deposits$389,466
Interest-bearing deposits$412,153
Deposits held in domestic offices$87
% insured (estimated)65991.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$18,170
Other borrowed funds $0
Subordinated debt $3,326
All other liabilities $52,376
Total equity capital$52,376
Total bank equity capital$52,376
Perpetual preferred stock$0
Common stock$1,384
Surplus$5,616
Undivided profits $45,376
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $122
Income earned, not collected on loans $6,201
Earning assets $760
Long-term assets (5+ years) $2,699
Average Assets, year-to-date $493,622
Average Assets, quarterly $169,487
Volatile liabilities $564,151
Insider loans $545,116
FHLB advances $368,019
Loans and leases held for sale $544,856
Unused loan commitments $6,156
Tier 1 (core) risk-based capital $6,156
Tier 2 risk-based capital $48,980
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $23,872
Derivatives$13,025
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $25,424
Total interest expense $4,403
Net interest income $21,021
Provision for loan and lease losses $1,828
Total noninterest income $5,140
Fiduciary activities $627
Service charges on deposit accounts $2,219
Trading account gains & fees $0
Additional noninterest income $2,294
Total noninterest expense $18,259
Salaries and employee benefits $10,288
Premises and equipment expense $2,213
Additional noninterest expense $5,758
Pre-tax net operating income $6,074
Securities gains (losses) -$68
Applicable income taxes $0
Income before extraordinary items $6,006
Extraordinary gains - net $0
Net income attributable to bank $6,006
Net charge-offs $0
Cash dividends $6,006
Sale, conversion, retirement of capital stock, net $1,818
Net operating income $2,630
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.96%
Cost of funding earning assets 0.86%
Net interest margin 4.10%
Noninterest income to earning assets 1.00%
Noninterest expense to earning assets 3.56%
Net operating income to assets 1.08%
Return on assets (ROA) 1.06%
Pretax return on assets 1.06%
Return on equity (ROE) 12.37%
Retained earnings to average equity (YTD only) 6.95%
Net charge-offs to loans 0.53%
Credit loss provision to net charge-offs 100.55%
Efficiency ratio4.35%
Assets per employee$69,795
Cash dividends to net income (YTD only)2.80%
Condition Ratios (%)
Loss allowance to loans 43.79%
Loss allowance to noncurrent loans 1.21%
Noncurrent assets plus other real estate owned to assets 66.47%
Noncurrent loans to loans 1.50%
Net loans and leases to deposits1.82%
Net loans and leases to core deposits 81.73%
Equity capital to assets 93.66%
Core capital (leverage) ratio 9.49%
Tier 1 risk-based capital ratio 8.99%
Total risk-based capital ratio 13.31%
Memoranda
Average assets$14
Average earning assets$564,151
Average equity $48,557
Average loans $512,291
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$94,890
Number of Accounts1
Personal trust and agency accounts$94,890
Employee benefit-defined contribution accounts$51,485
Employee benefit-defined benefit accounts$1,285
Other retirement accounts$27,551
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$12,764
Non-managed Assets$1,805
Number of Accounts103
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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7 Oklahoma Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
02610Vision Bank, National Association101 East Main Street, Ada, OK 74820November 01, 1924Full Service Brick and Mortar
1202230Motor Bank Branch1200 East 12th Street, Ada, OK 74820September 11, 1961Full Service Brick and Mortar
2202231Arlington Center Branch1800 Arlington, Ada, OK 74820June 02, 1997Full Service Brick and Mortar
32738Prague Branch802 Jim Thorpe Blvd, Prague, OK 74864April 05, 1906Full Service Brick and Mortar
4202363Meeker Branch409 South Dawson, Meeker, OK 74855December 09, 1996Full Service Brick and Mortar
5453560Durant Branch2514 University Boulevard, Durant, OK 74701April 17, 2006Full Service Brick and Mortar
6506565Shawnee Branch4301 N. Harrison Street, Shawnee, OK 74804Febuary 21, 2009Full Service Brick and Mortar
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