Latimer State Bank

Latimer State Bank is headquartered in Wilburton and is the 148^th largest bank in the state of Oklahoma. It is also the 5,470^th largest bank in the nation. It was established in 1979 and as of March of 2012, it had grown to 12 employees at 1 location. Latimer State Bank has a 4-star health rating.

Latimer State Bank Routing Number: 103102300

Data for Q1 2012

Institution Statistics Latimer State Bank FDIC Certificate # 22839 BankRate Report View Year Established 1979 Employees 12 Primary Regulator FDIC Assets and Liabilities Assets $80.09 million Loans $19.57 million Deposits $66.75 million Equity Capital $13.26 million Loan Loss Allowance $328,000 Unbacked Noncurrent Loans $909,000 Real Estate Owned $232,000 Historic Data - March 2011 Assets $79.51 million Equity Capital $13.09 million Loan Loss Allowance $375,000 Unbacked Noncurrent Loans $1.04 million Real Estate Owned $198,000 Profit Margin - Quarterly Net Interest Margin 2.45% Return on Assets 1.15% Return on Equity 6.76% Interest Income $561,000

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Latimer State Bank had $1.14 million in non-current loans and owned real-estate with $13.58 million in equity and loan loss allowances on hand to cover it. This gives Latimer State Bank a Texas Ratio of 8.40% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Latimer State Bank held steady from 9.21% as of March 31, 2011 to 8.40% as of March 31, 2012, resulting in a positive change of 8.84%.This indicates that the balance sheet and financial strength for Latimer State Bank has held steady in recent periods. Deposit Growth In the past year, Latimer State Bank has increased its total deposits by $436,000, resulting in 0.66% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Latimer State Bank has shown is average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Latimer State Bank has $80.09 million in assets with $13.58 million in equity, resulting in a capitalization level of 16.96%, which is excellent.

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