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
    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

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