Wilburton State Bank in Wilburton, Oklahoma (OK)



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Wilburton State Bank routing number info

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Wilburton State Bank
GeneralFDIC Certificate #: 2332
Status: Active
Federal Reserve ID: 50854
Bank Holding Company (Regulatory Top Holder): Wilburton State Bancshares, Inc. (RSSDID: 1022625, Location: Wilburton, OK)
Date Established: April 16, 1928
WWW: http://www.wilburtonstatebank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 1547
Numeric code: 21
Regulator: FDIC
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: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
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: 123 East Main Street, Wilburton, OK 74578
County: Latimer
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
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $62.7 mil
Equity capital: $5.5 mil
Deposits held in domestic offices: $57.1 mil
Return on assets (ROA): 1.58% ($1.0 mil)
Quarterly return on assets: 1.15% ($0.7 mil)
Return on Equity (ROE): 18.12% ($1.1 mil)
Quarterly return on equity: 12.97% ($0.8 mil)
Net income: $1.0 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.58% ($990.1 mil)
Quarterly Pretax return on assets: 1.15% ($720.6 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)22
Total assets$62,662
Cash and due from depository institutions$12,537
Interest-bearing balances$9,071
Securities$17,857
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$29,261
Loan loss allowance $518
Trading account assets$0
Bank premises and fixed assets$2,185
Other real estate owned$0
Goodwill and other intangibles$340
All other assets$482
Life insurance assets$62,663
Total liabilities and capital$57,155
Total liabilities$57,071
Total deposits$43,640
Interest-bearing deposits$57,071
Deposits held in domestic offices$96
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $84
All other liabilities $5,508
Total equity capital$5,508
Total bank equity capital$5,508
Perpetual preferred stock$0
Common stock$500
Surplus$1,750
Undivided profits $3,258
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $44
Earning assets $0
Long-term assets (5+ years) $295
Average Assets, year-to-date $56,189
Average Assets, quarterly $16,047
Volatile liabilities $62,537
Insider loans $62,872
FHLB advances $33,019
Loans and leases held for sale $62,663
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $4,532
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,461
Derivatives$96
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,926
Total interest expense $472
Net interest income $2,454
Provision for loan and lease losses $110
Total noninterest income $574
Fiduciary activities $0
Service charges on deposit accounts $375
Trading account gains & fees $0
Additional noninterest income $199
Total noninterest expense $1,932
Salaries and employee benefits $975
Premises and equipment expense $309
Additional noninterest expense $648
Pre-tax net operating income $986
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $986
Extraordinary gains - net $0
Net income attributable to bank $986
Net charge-offs $0
Cash dividends $986
Sale, conversion, retirement of capital stock, net $253
Net operating income $730
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.24%
Cost of funding earning assets 0.84%
Net interest margin 4.39%
Noninterest income to earning assets 1.03%
Noninterest expense to earning assets 3.46%
Net operating income to assets 1.58%
Return on assets (ROA) 1.58%
Pretax return on assets 1.58%
Return on equity (ROE) 18.12%
Retained earnings to average equity (YTD only) 4.71%
Net charge-offs to loans 0.83%
Credit loss provision to net charge-offs 43.48%
Efficiency ratio4.33%
Assets per employee$63,804
Cash dividends to net income (YTD only)2.85%
Condition Ratios (%)
Loss allowance to loans 74.04%
Loss allowance to noncurrent loans 1.74%
Noncurrent assets plus other real estate owned to assets 1177.27%
Noncurrent loans to loans 0.07%
Net loans and leases to deposits0.15%
Net loans and leases to core deposits 51.27%
Equity capital to assets 54.86%
Core capital (leverage) ratio 8.79%
Tier 1 risk-based capital ratio 7.23%
Total risk-based capital ratio 13.73%
Memoranda
Average assets$14
Average earning assets$62,537
Average equity $5,441
Average loans $55,867
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2 Oklahoma Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
01547Wilburton State Bank123 East Main Street, Wilburton, OK 74578April 16, 1928Full Service Brick and Mortar
1192492Drive-In Branch741 Hwy 2 North, Wilburton, OK 74578April 27, 1971Full Service Brick and Mortar
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