PackageTrendsPeer
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Bank One, Oklahoma, National Association

Oklahoma City, OK · Cert 4167

FDIC

Q1 2003

$2.8BAssets
$754.5MLoans
$2.2BDeposits
$460.6MEquity
Loan mix
27%RE $71.3M72%C&I $189.3M1%Consumer $2.2MQ2 2001Q1 2003
Deposit mix
77%Interest-bearing $1.7B23%Noninterest $0.5BQ2 2001Q1 2003

Executive Summary

  • Earnings: ROA of 0.43%, up 1 bps year over year; NIM at 1.80%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.53%.
  • Funding: loans stand at 34.61% of deposits as of Q1 2003.

Return on Assets (YTD, annualized)

0.43%+1 bps YoY

Net Interest Margin (YTD, annualized)

1.80%-15 bps YoY

Efficiency Ratio (YTD, annualized)

61.49%-261 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.70%Q1 ’013.26%Q1 ’022.99%Q1 ’03-34%-7%

Non-interest income vs. expense

2.36%Q1 ’011.82%Q1 ’021.79%Q1 ’03-29%-27%

Year to date, annualized, through each quarter.

MetricQ2 2001Q3 2001Q4 2001Q1 2002Q2 2002Q3 2002Q4 2002Q1 2003YoY ΔTrend
Earnings
Return on Assets0.26%0.20%-0.20%0.41%0.28%0.29%0.32%0.43%+1 bps
Return on Equityn/an/an/a2.79%1.90%1.86%2.15%2.84%+5 bps
Net Interest Margin2.81%2.81%2.54%1.95%1.91%2.05%1.79%1.80%-15 bps
Efficiency Ratio67.92%70.77%73.61%64.11%65.63%68.84%67.98%61.49%-261 bps
Non-Interest Burden1.60%1.69%1.62%0.99%1.01%1.16%0.95%0.72%-27 bps
Growth
Asset Growth (YoY)-23.70%-1.31%-19.85%-11.82%5.35%-23.46%16.21%-11.19%+63 bps
Loan Growth (YoY)-14.67%-18.84%-24.35%-27.07%-22.85%-22.40%-24.71%-28.60%-153 bps
Deposit Growth (YoY)-1.90%-2.04%4.01%8.70%3.96%6.09%13.97%-1.09%-978 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.25%1.19%2.73%2.00%1.84%1.84%1.87%1.53%-47 bps
Allowance / Loans1.64%1.72%2.17%2.09%2.39%2.49%2.87%3.18%+109 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital14.60%14.49%15.86%16.20%16.87%18.04%17.50%20.35%+414 bps
Equity / Assets15.80%13.11%15.59%14.11%15.13%17.08%13.83%16.51%+240 bps
Liquidity & Funding
Loans / Deposits65.55%63.08%52.65%47.95%48.64%46.14%34.78%34.61%-1,334 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a