FDIC Certificate #: 26248 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Hillcrest Bank (#22173) Federal Reserve ID: 76555 Date Established: May 20, 1985 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 4 (Interstate: No) OTS Docket #: 14409 FDIC's unique #: 32589 Numeric code: 13 Regulator: FED Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: May 20, 1985 Last Structure Change Effective Date: November 01, 1999 Last Structure Change Process Date: December 08, 1999 Last Data Update: December 08, 1999 Data Source Date: April 05, 2012
Location
Address: 7701 East Kellogg, Wichita, KS 67207 County: Sedgwick Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Wichita Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Wichita, KS (#9040) Combined Statistical Area (CSA): Wichita-Winfield, KS (#556) Core Based Statistical Area (CBSA): Wichita, KS (#48620) CBSA Metro Statistical Area: Wichita, KS (#48620)
Financial Summary
Total assets: $252.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
52Total employees (full-time equivalent)
$282,245Total assets
$18,610Cash and due from depository institutions
$0Interest-bearing balances
$17,931Securities
$0Federal funds sold & reverse repurchase agreements
$239,665Net loans & leases
$10,143Loan loss allowance
$0Trading account assets
$2,836Bank premises and fixed assets
$0Other real estate owned
$695Goodwill and other intangibles
$0Life insurance assets
$2,508All other assets
$282,245Total liabilities and capital
$265,035Total liabilities
$231,367Total deposits
$212,657Interest-bearing deposits
$231,367Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$32,208Other borrowed funds
$0Subordinated debt
$1,460All other liabilities
$17,210Total equity capital
$17,210Total bank equity capital
$17,210Perpetual preferred stock
$0Common stock
$1,325Surplus
$17,176Undivided profits
Memoranda
$-1,291Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$819Earning assets
$0Long-term assets (5+ years)
$1,686Average Assets, year-to-date
$257,596Average Assets, quarterly
$10,724Volatile liabilities
$231,785Insider loans
$271,447FHLB advances
$40,094Loans and leases held for sale
$19Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$64,107Total unused commitments
$0Restructured Loans and leases
$260,860Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$23,683Total interest income
$10,841Total interest expense
$12,842Net interest income
$16,992Provision for loan and lease losses
$954Total noninterest income
$0Fiduciary activities
$430Service charges on deposit accounts
$0Trading account gains & fees
$524Additional noninterest income
$3,996Total noninterest expense
$1,836Salaries and employee benefits
$946Premises and equipment expense
$1,214Additional noninterest expense
-$7,192Pre-tax net operating income
$0Securities gains (losses)
-$255Applicable income taxes
-$6,937Income before extraordinary items
$0Extraordinary gains - net
-$6,937Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$8,753Sale, conversion, retirement of capital stock, net
$4,000Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
10.82%Yield on earning assets
4.95%Cost of funding earning assets
5.87%Net interest margin
0.44%Noninterest income to earning assets
1.83%Noninterest expense to earning assets
-2.99%Net operating income to assets
-2.99%Return on assets (ROA)
-3.10%Pretax return on assets
-40.04%Return on equity (ROE)
-63.12%Retained earnings to average equity (YTD only)
4.50%Net charge-offs to loans
194.13%Credit loss provision to net charge-offs
1.12%Efficiency ratio
28,740Assets per employee
5.43%Cash dividends to net income (YTD only)
Condition Ratios (%)
-57.66%Loss allowance to loans
4.06%Loss allowance to noncurrent loans
1238.46%Noncurrent assets plus other real estate owned to assets
0.29%Noncurrent loans to loans
0.33%Net loans and leases to deposits
103.59%Net loans and leases to core deposits
125.30%Equity capital to assets
6.10%Core capital (leverage) ratio
5.94%Tier 1 risk-based capital ratio
6.28%Total risk-based capital ratio
Memoranda
$8Average assets
$231,785Average earning assets
$17,326Average equity
$218,806Average loans
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