Bank Star of the BootHeel in Steele, Missouri (MO)

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Bank Star of the BootHeel routing number info

Table of contents:
Bank Star of the BootHeel
GeneralFDIC Certificate #: 10629
Status: Active
Federal Reserve ID: 435358
Bank Holding Company (Regulatory Top Holder): Bancstar, Inc. (RSSDID: 1097445, Location: Festus, MO)
Date Established: January 01, 1904
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 10137
FDIC's unique #: 6813
Numeric code: 21
Regulator: FDIC
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: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 101 West Main Street, Steele, MO 63877
County: Pemiscot
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: St. Louis
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $95.4 mil
Equity capital: $8.1 mil
Deposits held in domestic offices: $86.9 mil
Return on assets (ROA): 1.00% ($0.9 mil)
Quarterly return on assets: 1.00% ($0.9 mil)
Return on Equity (ROE): 11.80% ($0.9 mil)
Quarterly return on equity: 12.24% ($1.0 mil)
Net income: $0.9 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.58% ($1,507.6 mil)
Quarterly Pretax return on assets: 1.60% ($1,526.7 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)
Total employees (full-time equivalent)34
Total assets$95,419
Cash and due from depository institutions$14,010
Interest-bearing balances$9,042
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$68,647
Loan loss allowance $1,136
Trading account assets$0
Bank premises and fixed assets$1,337
Other real estate owned$63
Goodwill and other intangibles$10
All other assets$1,646
Life insurance assets$95,419
Total liabilities and capital$87,366
Total liabilities$86,901
Total deposits$71,939
Interest-bearing deposits$86,901
Deposits held in domestic offices$94
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $465
All other liabilities $8,053
Total equity capital$8,053
Total bank equity capital$8,053
Perpetual preferred stock$0
Common stock$100
Undivided profits $4,563
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $514
Earning assets $0
Long-term assets (5+ years) $862
Average Assets, year-to-date $87,395
Average Assets, quarterly $18,727
Volatile liabilities $94,069
Insider loans $98,274
FHLB advances $63,758
Loans and leases held for sale $96,970
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $7,983
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $13,326
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,070
Total interest expense $726
Net interest income $4,344
Provision for loan and lease losses $410
Total noninterest income $915
Fiduciary activities $0
Service charges on deposit accounts $772
Trading account gains & fees $0
Additional noninterest income $143
Total noninterest expense $3,367
Salaries and employee benefits $1,841
Premises and equipment expense $284
Additional noninterest expense $1,242
Pre-tax net operating income $1,482
Securities gains (losses) $0
Applicable income taxes $542
Income before extraordinary items $940
Extraordinary gains - net $0
Net income attributable to bank $940
Net charge-offs $0
Cash dividends $940
Sale, conversion, retirement of capital stock, net $304
Net operating income $850
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.82%
Cost of funding earning assets 0.83%
Net interest margin 4.99%
Noninterest income to earning assets 1.05%
Noninterest expense to earning assets 3.87%
Net operating income to assets 1.00%
Return on assets (ROA) 1.00%
Pretax return on assets 1.58%
Return on equity (ROE) 11.80%
Retained earnings to average equity (YTD only) 1.13%
Net charge-offs to loans 0.41%
Credit loss provision to net charge-offs 134.87%
Efficiency ratio6.22%
Assets per employee$63,453
Cash dividends to net income (YTD only)2.81%
Condition Ratios (%)
Loss allowance to loans 90.43%
Loss allowance to noncurrent loans 1.63%
Noncurrent assets plus other real estate owned to assets 221.01%
Noncurrent loans to loans 0.60%
Net loans and leases to deposits0.74%
Net loans and leases to core deposits 78.99%
Equity capital to assets 90.48%
Core capital (leverage) ratio 8.44%
Tier 1 risk-based capital ratio 8.23%
Total risk-based capital ratio 12.52%
Average assets$14
Average earning assets$94,069
Average equity $7,966
Average loans $87,044
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2 Missouri Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
06813Bank Star Of The Bootheel101 West Main Street, Steele, MO 63877January 01, 1904Full Service Brick and Mortar
2279895Caruthersville Branch713 Ward Avenue, Caruthersville, MO 63830January 01, 1907Full Service Brick and Mortar
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