The First State Bank
Fairfax, OK — Domestic Branch of a Domestic Bank
Acquired Jun 2013
Vitals
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Total Assets38.9M -6.2 %
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Total Deposits33.0M -7.9 %
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Total Net Loans16.6M -2.9 %
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Net Income-42000.0000 26.3 %
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Book Value5.8M 4.7 %
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Book Value x211.6M 4.7 %
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Book Value x317.4M 4.7 %
Balance Sheet Highlights
| Financial Highlights | The First State Bank | All Insured Commercial Banks in Oklahoma |
| Balance Sheet $(000) | ||
| Total Assets | 38,927 | 171,387 |
| Total Net Loans | 16,578 | 100,210 |
| Total Deposits | 32,993 | 147,562 |
| Total Equity | 5,810 | 17,701 |
| Profitability | ||
| Net Income | -42 | 526 |
| Return on Average Assets | -.433 | 1.232 |
| Return on Average Equity | -2.883 | 11.793 |
| Net Interest Margin | 2.91 | 4.001 |
| Efficiency Ratio | 112.805 | 67.077 |
| Noninterest Income/Revenue | 16.111 | 15.903 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 50.247 | 64.025 |
| Securities/Assets | .363 | .216 |
| Total Equity/Total Assets | .149 | .103 |
| Tangible Equity/Tangible Assets | .149 | .102 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 5,672 | 16,631 |
| Tier 2 Capital | 234 | 1,263 |
| Total Capital | 5,906 | 17,908 |
| Total Risk Weighted Assets | 19,391 | 110,972 |
| Leverage Ratio | 14.62 | 9.947 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 29.25 | 16.188 |
| Total Capital Ratio | 30.46 | 17.302 |
Timeline for The First State Bank
Security State Bank Of Wewoka, Oklahoma
The First State Bank was acquired by Security State Bank Of Wewoka, Oklahoma 10 years
View Profile Jun 14 2013
The First State Bank
The First State Bank was established 91 years ago and is currently headquartered in Fairfax, OK.
Jan 01 1933| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Security State Bank Of Wewoka, Oklahoma | Buyer | 203,679 | Acquisition | Discontinued | 6/14/2013 |
| Relationships | Role | Relationship Start | Relationship End |
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