Bank of Commerce in Chanute, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Commerce - Overview

  • General
  • FDIC Certificate #: 26217
    Status: Active
    Federal Reserve ID: 862057
    Bank Holding Company (Regulatory Top Holder): Southeast Bancshares, Inc. (RSSDID: 2124795, Location: Chanute, KS)
    Date Established: May 02, 1985
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 13456
    FDIC's unique #: 32548
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: May 02, 1985
    Last Structure Change Effective Date: Febuary 26, 2010
    Last Structure Change Process Date: March 08, 2010
    Last Data Update: March 08, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 West Main Street, Chanute, KS 66720
    County: Neosho
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Springfield Mo
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $166.7 mil
    Equity capital: $13.7 mil
    Deposits held in domestic offices: $150.4 mil
    Return on assets (ROA): 0.73% ($1.2 mil)
    Quarterly return on assets: 0.69% ($1.2 mil)
    Return on Equity (ROE): 9.23% ($1.3 mil)
    Quarterly return on equity: 8.63% ($1.2 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.76% ($1,266.7 mil)
    Quarterly Pretax return on assets: 0.73% ($1,216.7 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
  • 56Total employees (full-time equivalent)
  • $166,665Total assets
  • $23,525Cash and due from depository institutions
  • $18,975Interest-bearing balances
  • $62,860Securities
  • $696Federal funds sold & reverse repurchase agreements
  • $76,035Net loans & leases
  • $859Loan loss allowance
  • $0Trading account assets
  • $1,444Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $166,665Life insurance assets
  • $2,105All other assets
  • $152,985Total liabilities and capital
  • $150,394Total liabilities
  • $127,661Total deposits
  • $150,394Interest-bearing deposits
  • $78Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,414Trading liabilities
  • $0Other borrowed funds
  • $177Subordinated debt
  • $13,680All other liabilities
  • $13,680Total equity capital
  • $13,680Total bank equity capital
  • $0Perpetual preferred stock
  • $2,932Common stock
  • $3,211Surplus
  • $7,537Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8Income earned, not collected on loans
  • $0Earning assets
  • $908Long-term assets (5+ years)
  • $158,566Average Assets, year-to-date
  • $15,898Average Assets, quarterly
  • $169,141Volatile liabilities
  • $168,813Insider loans
  • $78,026FHLB advances
  • $169,397Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,680Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $12,024Restructured Loans and leases
  • $2,822Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,918Total interest income
  • $1,097Total interest expense
  • $4,821Net interest income
  • $0Provision for loan and lease losses
  • $837Total noninterest income
  • $1Fiduciary activities
  • $552Service charges on deposit accounts
  • $0Trading account gains & fees
  • $284Additional noninterest income
  • $4,371Total noninterest expense
  • $2,251Salaries and employee benefits
  • $699Premises and equipment expense
  • $1,421Additional noninterest expense
  • $1,287Pre-tax net operating income
  • $0Securities gains (losses)
  • $60Applicable income taxes
  • $1,227Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,227Net income attributable to bank
  • $0Net charge-offs
  • $1,227Cash dividends
  • $1Sale, conversion, retirement of capital stock, net
  • $551Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.67%Yield on earning assets
  • 0.68%Cost of funding earning assets
  • 2.99%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 2.71%Noninterest expense to earning assets
  • 0.73%Net operating income to assets
  • 0.73%Return on assets (ROA)
  • 0.76%Pretax return on assets
  • 9.23%Return on equity (ROE)
  • 5.09%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 1287.00%Efficiency ratio
  • 77,253Assets per employee
  • 2.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.91%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 10737.50%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 50.56%Net loans and leases to core deposits
  • 52.86%Equity capital to assets
  • 8.21%Core capital (leverage) ratio
  • 8.08%Tier 1 risk-based capital ratio
  • 17.53%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $169,141Average earning assets
  • $13,289Average equity
  • $161,126Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $290Managed Assets
  • 1Number of Accounts
  • $290Personal trust and agency accounts
  • $290Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 3Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 7 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    032548Bank Of Commerce101 West Main Street, Chanute, KS 66720May 02, 1985Full Service Brick and Mortar
    3225535Drive-In Branch21 South Grant Street, Chanute, KS 66720January 08, 1968Limited Service Facility
    4225536Detached Facility1620 South Santa Fe, Chanute, KS 66720January 31, 1977Limited Service Facility
    6230545Stark Branch102 W Main Street, Stark, KS 66775July 01, 1991Full Service Brick and Mortar
    7419065Santa Fe Walmart Branch2700 South Santa Fe, Chanute, KS 66720May 01, 2003Full Service Retail
    817527Thayer Branch115 Neosh0 St, Thayer, KS 66776August 22, 1984Full Service Brick and Mortar
    9520819Erie Branch318 S Main Street, Erie, KS 66733August 13, 2010Full Service Brick and Mortar

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