BANK VI in Salina, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches


BANK VI - Overview

  • General
  • FDIC Certificate #: 17883
    Status: Active
    Federal Reserve ID: 804758
    Bank Holding Company (Regulatory Top Holder): Sixth Bancshares, Inc. (RSSDID: 3354807, Location: Salina, KS)
    Date Established: January 01, 1909
    WWW: http://www.banksix.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: No)
    OTS Docket #: 53463
    FDIC's unique #: 11822
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 02, 1958
    Last Structure Change Effective Date: November 23, 2009
    Last Structure Change Process Date: December 08, 2009
    Last Data Update: December 08, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 1900 South Ohio Street, Salina, KS 67401
    County: Saline
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Hays
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Salina, KS (#41460)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Corrections
    Change in Location
  • Financial Summary
  • Total assets: $67.9 mil
    Equity capital: $5.7 mil
    Deposits held in domestic offices: $46.2 mil
    Return on assets (ROA): 0.46% ($0.3 mil)
    Quarterly return on assets: 0.25% ($0.2 mil)
    Return on Equity (ROE): 5.80% ($0.3 mil)
    Quarterly return on equity: 3.03% ($0.2 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.41% ($278.5 mil)
    Quarterly Pretax return on assets: 0.25% ($169.8 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
  • 17Total employees (full-time equivalent)
  • $67,919Total assets
  • $8,682Cash and due from depository institutions
  • $8,041Interest-bearing balances
  • $1,556Securities
  • $252Federal funds sold & reverse repurchase agreements
  • $48,895Net loans & leases
  • $1,341Loan loss allowance
  • $0Trading account assets
  • $4,263Bank premises and fixed assets
  • $2,082Other real estate owned
  • $31Goodwill and other intangibles
  • $67,919Life insurance assets
  • $2,158All other assets
  • $62,220Total liabilities and capital
  • $46,210Total liabilities
  • $40,657Total deposits
  • $46,210Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,836Trading liabilities
  • $0Other borrowed funds
  • $174Subordinated debt
  • $5,699All other liabilities
  • $5,699Total equity capital
  • $5,699Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $11,153Surplus
  • $-5,504Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $289Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,874Income earned, not collected on loans
  • $0Earning assets
  • $187Long-term assets (5+ years)
  • $58,744Average Assets, year-to-date
  • $18,954Average Assets, quarterly
  • $70,600Volatile liabilities
  • $68,399Insider loans
  • $46,924FHLB advances
  • $69,150Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,668Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,196Restructured Loans and leases
  • $441Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,396Total interest income
  • $1,079Total interest expense
  • $2,317Net interest income
  • $22Provision for loan and lease losses
  • $546Total noninterest income
  • $0Fiduciary activities
  • $31Service charges on deposit accounts
  • $0Trading account gains & fees
  • $515Additional noninterest income
  • $2,555Total noninterest expense
  • $1,043Salaries and employee benefits
  • $357Premises and equipment expense
  • $1,155Additional noninterest expense
  • $286Pre-tax net operating income
  • $0Securities gains (losses)
  • -$38Applicable income taxes
  • $324Income before extraordinary items
  • $0Extraordinary gains - net
  • $324Net income attributable to bank
  • $0Net charge-offs
  • $324Cash dividends
  • $590Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.53%Yield on earning assets
  • 1.76%Cost of funding earning assets
  • 3.78%Net interest margin
  • 0.89%Noninterest income to earning assets
  • 4.16%Noninterest expense to earning assets
  • 0.46%Net operating income to assets
  • 0.46%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 5.80%Return on equity (ROE)
  • 5.80%Retained earnings to average equity (YTD only)
  • 1.05%Net charge-offs to loans
  • 3.73%Credit loss provision to net charge-offs
  • 0.52%Efficiency ratio
  • 89,242Assets per employee
  • 4.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.67%Loss allowance to noncurrent loans
  • 71.56%Noncurrent assets plus other real estate owned to assets
  • 5.82%Noncurrent loans to loans
  • 3.73%Net loans and leases to deposits
  • 105.81%Net loans and leases to core deposits
  • 105.81%Equity capital to assets
  • 8.39%Core capital (leverage) ratio
  • 8.20%Tier 1 risk-based capital ratio
  • 12.08%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $70,600Average earning assets
  • $5,589Average equity
  • $61,360Average loans

List of branches

  • 2 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011822Bank Vi1900 South Ohio Street, Salina, KS 67401January 01, 1909Full Service Brick and Mortar
    1446107Geneseo BranchSilver And Main Streets, Geneseo, KS 67444December 12, 2005Full Service Brick and Mortar

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

CAPTCHA

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