The First Bank of Okarche

The First Bank of Okarche is headquartered in Okarche and is the 170^th largest bank in the state of Oklahoma. It is also the 5,912^st largest bank in the nation. It was established in 1892 and as of March of 2012, it had grown to 8 employees at 1 location. The First Bank of Okarche has a 5-star health rating.

Data for Q1 2012

Institution Statistics The First Bank of Okarche FDIC Certificate # 1165 BankRate Report View Year Established 1892 Employees 8 Primary Regulator FDIC Assets and Liabilities Assets $65.47 million Loans $32.14 million Deposits $56.70 million Equity Capital $8.73 million Loan Loss Allowance $609,000 Unbacked Noncurrent Loans $881,000 Historic Data - March 2011 Assets $62.26 million Equity Capital $8.45 million Loan Loss Allowance $590,000 Unbacked Noncurrent Loans $1.24 million Profit Margin - Quarterly Net Interest Margin 4.03% Return on Assets 2.32% Return on Equity 17.43% Interest Income $681,000

Institution Health Overall Score: 5 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 First Bank of Okarche had $881,000 in non-current loans and owned real-estate with $9.34 million in equity and loan loss allowances on hand to cover it. This gives The First Bank of Okarche a Texas Ratio of 9.43% 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 The First Bank of Okarche decreased slightly from 13.71% as of March 31, 2011 to 9.43% as of March 31, 2012, resulting in a positive change of 31.23%.This indicates that the balance sheet and financial strength for The First Bank of Okarche has improved slightly in recent periods. Deposit Growth In the past year, The First Bank of Okarche has increased its total deposits by $2.93 million, resulting in 5.45% 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 First Bank of Okarche 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 First Bank of Okarche has $65.46 million in assets with $9.34 million in equity, resulting in a capitalization level of 14.27%, which is excellent.

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