PackageTrendsPeer
Letter portraitLegal landscape

First Bank of Cleveland

Cleveland, OK · Cert 4064

FDIC

Q1 2002

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2002, the quarter ended March 31, 2002, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First Bank of Cleveland

Cleveland, OK · Cert 4064

FDIC

Q1 2002

$25.2MAssets
$16.6MLoans
$23.6MDeposits
$1.5MEquity
Deposit mix
84%Interest-bearing $19.9M16%Noninterest $3.7MQ1 2001Q1 2002

NIM

8.18%Q1 ’017.65%Q1 ’02+18%

Non-interest income vs. expense

4.40%Q1 ’013.75%Q1 ’02-16%

Executive Summary

  • Earnings: ROA of 2.26%, up 146 bps year over year; NIM at 5.47%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.26%.
  • Funding: loans stand at 70.62% of deposits as of Q1 2002.

Financial Results

Return on Assets (YTD, annualized)

2.26%+146 bps YoY

Net Interest Margin (YTD, annualized)

5.47%+85 bps YoY

Efficiency Ratio (YTD, annualized)

60.10%-2,040 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2001Q2 2001Q3 2001Q4 2001Q1 2002YoY ΔTrend
Earnings
Return on Assets0.80%0.91%0.99%0.99%2.26%+146 bps
Return on Equityn/an/an/an/a38.85%n/an/a
Net Interest Margin4.62%4.45%4.29%4.19%5.47%+85 bps
Efficiency Ratio80.50%80.19%79.16%79.08%60.10%-2,040 bps
Non-Interest Burden3.56%3.40%3.22%3.15%2.98%-58 bps
Growth
Asset Growth (YoY)4.45%7.64%12.11%12.48%2.75%-170 bps
Loan Growth (YoY)14.92%26.49%29.97%19.59%4.72%-1,020 bps
Deposit Growth (YoY)3.65%6.81%11.00%12.28%1.92%-173 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.70%0.74%0.82%0.86%0.26%-44 bps
Allowance / Loans2.57%2.30%2.00%1.73%1.80%-77 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital8.85%8.83%8.98%9.03%10.13%+129 bps
Equity / Assets5.09%5.30%5.52%5.49%6.13%+104 bps
Liquidity & Funding
Loans / Deposits68.73%72.78%71.53%71.98%70.62%+189 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a