Alterra Bank in Overland Park, Kansas (KS), MO
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Alterra Bank in Overland Park, Kansas (KS), MO
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Alterra Bank - Overview

  • General
  • FDIC Certificate #: 1149
    Status: Active
    Federal Reserve ID: 50957
    Bank Holding Company (Regulatory Top Holder): Aslin Capital I, Llc (RSSDID: 4031262, Location: Cape Haze, FL)
    Date Established: January 01, 1892
    WWW: http://www.alterrabank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: Yes)
    OTS Docket #: 15588
    FDIC's unique #: 786
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 30, 2010
    Last Structure Change Process Date: May 04, 2010
    Last Data Update: May 04, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 11120 West 135th Street, Overland Park, KS 66223
    County: Johnson
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Kansas City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760)
    Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312)
    Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140)
    CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $134.5 mil
    Equity capital: $14.5 mil
    Deposits held in domestic offices: $113.3 mil
    Return on assets (ROA): 0.52% ($0.7 mil)
    Quarterly return on assets: 0.01% ($0.0 mil)
    Return on Equity (ROE): 4.75% ($0.7 mil)
    Quarterly return on equity: 0.11% ($0.0 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.53% ($712.9 mil)
    Quarterly Pretax return on assets: 0.03% ($40.4 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 27Total employees (full-time equivalent)
  • $134,512Total assets
  • $5,090Cash and due from depository institutions
  • $2,237Interest-bearing balances
  • $14,017Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $104,526Net loans & leases
  • $1,169Loan loss allowance
  • $0Trading account assets
  • $1,507Bank premises and fixed assets
  • $2,419Other real estate owned
  • $3,117Goodwill and other intangibles
  • $134,512Life insurance assets
  • $3,836All other assets
  • $119,996Total liabilities and capital
  • $113,328Total liabilities
  • $98,318Total deposits
  • $113,328Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,148Trading liabilities
  • $0Other borrowed funds
  • $520Subordinated debt
  • $14,516All other liabilities
  • $14,516Total equity capital
  • $14,516Total bank equity capital
  • $0Perpetual preferred stock
  • $2,915Common stock
  • $11,648Surplus
  • $-47Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,185Income earned, not collected on loans
  • $0Earning assets
  • $440Long-term assets (5+ years)
  • $120,780Average Assets, year-to-date
  • $9,530Average Assets, quarterly
  • $128,819Volatile liabilities
  • $130,566Insider loans
  • $109,210FHLB advances
  • $126,927Loans and leases held for sale
  • $1,000Unused loan commitments
  • $1,000Tier 1 (core) risk-based capital
  • $11,843Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,497Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,493Total interest income
  • $1,553Total interest expense
  • $4,940Net interest income
  • $620Provision for loan and lease losses
  • $561Total noninterest income
  • $0Fiduciary activities
  • $104Service charges on deposit accounts
  • $0Trading account gains & fees
  • $457Additional noninterest income
  • $4,203Total noninterest expense
  • $2,176Salaries and employee benefits
  • $526Premises and equipment expense
  • $1,501Additional noninterest expense
  • $678Pre-tax net operating income
  • $0Securities gains (losses)
  • $5Applicable income taxes
  • $673Income before extraordinary items
  • $0Extraordinary gains - net
  • $673Net income attributable to bank
  • $0Net charge-offs
  • $673Cash dividends
  • $133Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.45%Yield on earning assets
  • 1.30%Cost of funding earning assets
  • 4.14%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 3.53%Noninterest expense to earning assets
  • 0.52%Net operating income to assets
  • 0.52%Return on assets (ROA)
  • 0.53%Pretax return on assets
  • 4.75%Return on equity (ROE)
  • 4.75%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 466.17%Credit loss provision to net charge-offs
  • 9.76%Efficiency ratio
  • 75,786Assets per employee
  • 4.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.11%Loss allowance to noncurrent loans
  • 98.65%Noncurrent assets plus other real estate owned to assets
  • 2.68%Noncurrent loans to loans
  • 1.12%Net loans and leases to deposits
  • 92.23%Net loans and leases to core deposits
  • 97.27%Equity capital to assets
  • 10.79%Core capital (leverage) ratio
  • 9.33%Tier 1 risk-based capital ratio
  • 10.84%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $128,819Average earning assets
  • $14,178Average equity
  • $119,229Average loans

List of branches

  • 1 Kansas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0786Alterra Bank11120 West 135th Street, Overland Park, KS 66223January 01, 1892Full Service Brick and Mortar
  • 1 Missouri Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    8360855Northeast Woods Chapel Road Branch831 Northeast Woods Chapel Road, Lees Summit, MO 64064July 02, 2001Full Service Brick and Mortar

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