The Eastman National Bank of Newkirk

The Eastman National Bank of Newkirk is headquartered in Newkirk and is the 68^th largest bank in the state of Oklahoma. It is also the 3,022^nd largest bank in the nation. It was established in 1893 and as of March of 2012, it had grown to 55 employees at 3 locations. The Eastman National Bank of Newkirk has a 4-star health rating.

The Eastman National Bank of Newkirk CD Rates

The Eastman National Bank of Newkirk IRA Rates

Data for Q1 2012

Institution Statistics The Eastman National Bank of Newkirk FDIC Certificate # 4156 BankRate Report View Year Established 1893 Employees 55 Primary Regulator OCC Assets and Liabilities Assets $208.11 million Loans $128.22 million Deposits $176.11 million Equity Capital $16.93 million Loan Loss Allowance $2.00 million Unbacked Noncurrent Loans $2.44 million Real Estate Owned $2.74 million Historic Data - March 2011 Assets $191.93 million Equity Capital $17.39 million Loan Loss Allowance $2.11 million Unbacked Noncurrent Loans $1.61 million Real Estate Owned $3.09 million Profit Margin - Quarterly Net Interest Margin 4.19% Return on Assets 0.73% Return on Equity 9.14% Interest Income $2.17 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 The Eastman National Bank of Newkirk had $5.17 million in non-current loans and owned real-estate with $18.93 million in equity and loan loss allowances on hand to cover it. This gives The Eastman National Bank of Newkirk a Texas Ratio of 27.34% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Eastman National Bank of Newkirk held steady from 24.12% as of March 31, 2011 to 27.34% as of March 31, 2012, resulting in a negative change of 13.35%. This indicates that the balance sheet and financial strength for The Eastman National Bank of Newkirk has held steady in recent periods. Deposit Growth In the past year, The Eastman National Bank of Newkirk has increased its total deposits by $18.58 million, resulting in 11.79% 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 The Eastman National Bank of Newkirk 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. The Eastman National Bank of Newkirk has $208.11 million in assets with $18.93 million in equity, resulting in a capitalization level of 9.09%, which is average.

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