American Sterling Bank in Sugar Creek, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 17, 2009

  • American Sterling Bank in Sugar Creek, Missouri (MO)
  • Show street view No street view available for this location

American Sterling Bank - Overview

  • General
  • FDIC Certificate #: 8266
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Metcalf Bank (#26247)
    Federal Reserve ID: 818755
    Date Established: January 01, 1934
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 15909
    FDIC's unique #: 5272
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 17, 2009
    Last Structure Change Process Date: April 21, 2009
    Last Data Update: April 21, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 535 South Sterling, Sugar Creek, MO 64054
    County: Jackson
    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: West
    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
  • Absorption - Assisted
  • Financial Summary
  • Total assets: $166.5 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, 2008)

  • Dollar figures in thousands
  • 142Total employees (full-time equivalent)
  • $165,774Total assets
  • $42,370Cash and due from depository institutions
  • $623Interest-bearing balances
  • $9,673Securities
  • $278Federal funds sold & reverse repurchase agreements
  • $99,632Net loans & leases
  • $409Loan loss allowance
  • $0Trading account assets
  • $2,839Bank premises and fixed assets
  • $6,863Other real estate owned
  • $74Goodwill and other intangibles
  • $0Life insurance assets
  • $4,045All other assets
  • $165,774Total liabilities and capital
  • $176,311Total liabilities
  • $166,271Total deposits
  • $155,574Interest-bearing deposits
  • $166,271Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $500Other borrowed funds
  • $0Subordinated debt
  • $9,540All other liabilities
  • $-10,537Total equity capital
  • $-10,537Total bank equity capital
  • $-10,537Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $25,770Undivided profits
  • Memoranda
  • $-36,807Noncurrent loans and leases
  • $18,857Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $11,947Earning assets
  • $0Long-term assets (5+ years)
  • $1,029Average Assets, year-to-date
  • $110,206Average Assets, quarterly
  • $0Volatile liabilities
  • $232,530Insider loans
  • $179,651FHLB advances
  • $35,493Loans and leases held for sale
  • $801Unused loan commitments
  • $500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $18,857Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $11,305Total interest income
  • $7,153Total interest expense
  • $4,152Net interest income
  • $4,952Provision for loan and lease losses
  • -$1,558Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$1,558Additional noninterest income
  • $44,422Total noninterest expense
  • $17,540Salaries and employee benefits
  • $5,618Premises and equipment expense
  • $21,264Additional noninterest expense
  • -$46,780Pre-tax net operating income
  • $9,173Securities gains (losses)
  • $3,271Applicable income taxes
  • -$40,878Income before extraordinary items
  • $0Extraordinary gains - net
  • -$40,878Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3,833Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.84%Yield on earning assets
  • 3.69%Cost of funding earning assets
  • 2.14%Net interest margin
  • -0.80%Noninterest income to earning assets
  • 22.95%Noninterest expense to earning assets
  • -21.52%Net operating income to assets
  • -17.58%Return on assets (ROA)
  • -16.17%Pretax return on assets
  • -500.65%Return on equity (ROE)
  • -500.65%Retained earnings to average equity (YTD only)
  • 2.24%Net charge-offs to loans
  • 129.19%Credit loss provision to net charge-offs
  • -10.91%Efficiency ratio
  • 1,708,288Assets per employee
  • 1.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.41%Loss allowance to noncurrent loans
  • 3.42%Noncurrent assets plus other real estate owned to assets
  • 11.35%Noncurrent loans to loans
  • 11.94%Net loans and leases to deposits
  • 59.92%Net loans and leases to core deposits
  • 75.89%Equity capital to assets
  • -6.36%Core capital (leverage) ratio
  • -6.41%Tier 1 risk-based capital ratio
  • -13.30%Total risk-based capital ratio
  • Memoranda
  • -$13Average assets
  • $232,530Average earning assets
  • $8,165Average equity
  • $193,587Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with American Sterling Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents