First State Bank Of Altus
Altus, OK — Non-member Bank
Acquired Aug 2009
Vitals
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Total Assets90.9M -26.8 %
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Total Deposits98.2M -11.7 %
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Total Net Loans64.0M -27.2 %
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Net Income
-
Book Value
-
Book Value x2
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Book Value x3
Balance Sheet Highlights
Financial Highlights | First State Bank Of Altus | All Insured Commercial Banks in Oklahoma |
Balance Sheet $(000) | ||
Total Assets | 90,867 | 136,653 |
Total Net Loans | 63,966 | 86,901 |
Total Deposits | 98,161 | 114,061 |
Total Equity | — | 13,886 |
Profitability | ||
Net Income | — | 1,654 |
Return on Average Assets | — | 1.397 |
Return on Average Equity | — | 14.022 |
Net Interest Margin | 2.327 | 4.378 |
Efficiency Ratio | 126.651 | 66.497 |
Noninterest Income/Revenue | 18.259 | 12.956 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 65.164 | 72.847 |
Securities/Assets | .091 | .588 |
Total Equity/Total Assets | .102 | |
Tangible Equity/Tangible Assets | .021 | |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | — | 13,293 |
Tier 2 Capital | — | 1,020 |
Total Capital | — | 14,356 |
Total Risk Weighted Assets | 64,945 | 97,654 |
Leverage Ratio | — | 9.846 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | — | 15.044 |
Total Capital Ratio | — | 16.119 |
Timeline for First State Bank Of Altus
Herring Bank
First State Bank Of Altus was acquired by Herring Bank 14 years
View Profile Aug 01 2009Quartz Mountain Aerospace, Inc.
Quartz Mountain Aerospace, Inc. became a new subsidiary organization for First State Bank Of Altus.
View Profile Oct 31 2006Fsb Bancorp, Inc.
Fsb Bancorp, Inc. became a new parent organization for First State Bank Of Altus.
View Profile Jun 29 1984First State Bank Of Altus
First State Bank Of Altus was established 115 years ago and is currently headquartered in Altus, OK.
Jan 01 1909Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Herring Bank | Buyer | 424,887 | Failure | 8/1/2009 |
Relationships | Role | Relationship Start | Relationship End |
Fsb Bancorp, Inc. | Parent | 6/29/1984 | 7/31/2009 |
Quartz Mountain Aerospace, Inc. | Subsidary | 10/31/2006 | 7/31/2009 |
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