Like the 1,000s of other pages of evidence uncovered and descriptions of crimes on this site, this web page is only one part of a massive multi-state entanglement of government corruption and cover-up. See size

$643 million of Altus Bank's fake loans issued by First State Bank of Altus OK!

Fake loans are seen in "Total unused commitments."

First State Bank of Altus
721 North Main Street
Altus, OK 73521
FDIC Certificate #: 9873   Bank Charter Class: NM

Copies of Altus Bank FDIC Call Reports provided for convenience.

Dollar figures in thousands
First State Bank of Altus
Altus, OK
December 31, 2005
First State Bank of Altus
Altus, OK
December 31, 2004
     Assets and Liabilities 
1Total employees (full-time equivalent) $48$45
2Total assets$97,644$130,773
3 Cash and due from depository institutions $2,334$3,693
4Interest-bearing balances $7$1,518
5 Securities $36,349$35,840
6Federal funds sold & reverse repurchase agreements $6,635$6,095
7 Net loans & leases $44,038$77,170
8Loan loss allowance $689$604
9Trading account assets $0$0
10Bank premises and fixed assets $2,351$2,222
11 Other real estate owned $185$676
12 Goodwill and other intangibles $0$0
13All other assets $5,752$5,077
14Life insurance assets $N/A$N/A
15Total liabilities and Capital $97,644$130,773
16Total liabilities $87,538$121,643
17 Total deposits $86,368$120,722
18Interest-bearing deposits $66,379$105,738
19Deposits held in domestic offices $86,368$120,722
20% insured $N/A$N/A
21Federal funds purchased & repurchase agreements $0$0
22Trading liabilities $0$0
23Other borrowed funds $0$0
24Subordinated debt $0$0
25All other liabilities $1,170$921
26Total equity Capital $10,106$9,130
27 Total bank equity Capital $10,106$9,130
28Perpetual preferred stock $0$0
29Common stock $400$400
30Surplus $600$600
31Undivided profits $9,106$8,130
32Noncontrolling interests in consolidated subsidiaries $N/A$N/A
 Memoranda:
33Noncurrent loans and leases $757$777
34Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0$0
35Income earned, not collected on loans $798$990
36Earning assets $87,029$120,623
37Long-term assets (5+ years) $2,399$3,139
38Average Assets, year-to-date $110,323$108,591
39Average Assets, quarterly $97,210$117,404
40Volatile liabilities $10,161$12,630
41Insider loans $187$149
42FHLB advances$0$0
43Loans and leases held for sale$0$0
44 Unused loan commitments $649,738$63,007
45Tier 1$10,622$9,296
46Tier 2 risk-based Capital$689$604
47Total risk weighted assets $56,813$59,655
48 Total unused commitments $649,738$63,007
49 Derivatives $0$0
Copyright 2007 - 2024 ProwlingOwl.com   See disclosures   Email: taxwatch@prowlingowl.com.