McCurtain County National Bank

McCurtain County National Bank is headquartered in Broken Bow and is the 75^th largest bank in the state of Oklahoma. It is also the 3,295^th largest bank in the nation. It was established in 1982 and as of March of 2012, it had grown to 45 employees at 3 locations. McCurtain County National Bank has a 4-star health rating.

Data for Q1 2012

Institution Statistics McCurtain County National Bank FDIC Certificate # 23798 BankRate Report View Year Established 1982 Employees 45 Primary Regulator OCC Assets and Liabilities Assets $186.39 million Loans $107.51 million Deposits $169.58 million Equity Capital $16.25 million Loan Loss Allowance $1.69 million Unbacked Noncurrent Loans $1.21 million Real Estate Owned $655,000 Historic Data - March 2011 Assets $164.99 million Equity Capital $14.54 million Loan Loss Allowance $1.40 million Unbacked Noncurrent Loans $945,000 Real Estate Owned $576,000 Profit Margin - Quarterly Net Interest Margin 3.56% Return on Assets 1.14% Return on Equity 12.77% Interest Income $1.87 million

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 McCurtain County National Bank had $1.86 million in non-current loans and owned real-estate with $17.94 million in equity and loan loss allowances on hand to cover it. This gives McCurtain County National Bank a Texas Ratio of 10.39% 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 McCurtain County National Bank held steady from 9.55% as of March 31, 2011 to 10.39% as of March 31, 2012, resulting in a negative change of 8.85%. This indicates that the balance sheet and financial strength for McCurtain County National Bank has held steady in recent periods. Deposit Growth In the past year, McCurtain County National Bank has increased its total deposits by $19.4 million, resulting in 12.92% 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 McCurtain County National Bank has shown is excellent. 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. McCurtain County National Bank has $186.39 million in assets with $17.94 million in equity, resulting in a capitalization level of 9.62%, which is average.

No reviews have been left for this bank yet. Be the first to review.