Bank of Gallatin/First State Bank in Gallatin, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 30, 1998

  • Bank of Gallatin/First State Bank in Gallatin, Missouri (MO)
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Bank of Gallatin/First State Bank - Overview

  • General
  • FDIC Certificate #: 8288
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BTC Bank (#10618)
    Federal Reserve ID: 967055
    Date Established: July 28, 1928
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 5288
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 30, 1998
    Last Structure Change Process Date: December 03, 1998
    Last Data Update: December 03, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 West Jackson, Gallatin, MO 64640
    County: Daviess
    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
  • Financial Summary
  • Total assets: $27.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 13Total employees (full-time equivalent)
  • $26,176Total assets
  • $1,273Cash and due from depository institutions
  • $0Interest-bearing balances
  • $9,106Securities
  • $963Federal funds sold & reverse repurchase agreements
  • $14,045Net loans & leases
  • $192Loan loss allowance
  • $0Trading account assets
  • $208Bank premises and fixed assets
  • $101Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $480All other assets
  • $26,176Total liabilities and capital
  • $23,042Total liabilities
  • $22,819Total deposits
  • $20,391Interest-bearing deposits
  • $22,819Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $223All other liabilities
  • $3,134Total equity capital
  • $3,134Total bank equity capital
  • $3,134Perpetual preferred stock
  • $0Common stock
  • $313Surplus
  • $587Undivided profits
  • Memoranda
  • $2,234Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $110Earning assets
  • $0Long-term assets (5+ years)
  • $317Average Assets, year-to-date
  • $24,114Average Assets, quarterly
  • $3,036Volatile liabilities
  • $26,725Insider loans
  • $26,251FHLB advances
  • $1,193Loans and leases held for sale
  • $689Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,012Total unused commitments
  • $0Restructured Loans and leases
  • $15,038Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $1,919Total interest income
  • $972Total interest expense
  • $947Net interest income
  • $0Provision for loan and lease losses
  • $150Total noninterest income
  • $0Fiduciary activities
  • $113Service charges on deposit accounts
  • $0Trading account gains & fees
  • $37Additional noninterest income
  • $602Total noninterest expense
  • $354Salaries and employee benefits
  • $98Premises and equipment expense
  • $150Additional noninterest expense
  • $495Pre-tax net operating income
  • $0Securities gains (losses)
  • $151Applicable income taxes
  • $344Income before extraordinary items
  • $0Extraordinary gains - net
  • $344Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $9Sale, conversion, retirement of capital stock, net
  • $133Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.75%Yield on earning assets
  • 3.93%Cost of funding earning assets
  • 3.83%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 2.43%Noninterest expense to earning assets
  • 1.29%Net operating income to assets
  • 1.29%Return on assets (ROA)
  • 1.85%Pretax return on assets
  • 11.57%Return on equity (ROE)
  • 7.10%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 55.00%Efficiency ratio
  • 54,877Assets per employee
  • 2.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 38.66%Loss allowance to loans
  • 1.35%Loss allowance to noncurrent loans
  • 174.55%Noncurrent assets plus other real estate owned to assets
  • 0.81%Noncurrent loans to loans
  • 0.77%Net loans and leases to deposits
  • 61.55%Net loans and leases to core deposits
  • 64.94%Equity capital to assets
  • 11.97%Core capital (leverage) ratio
  • 11.78%Tier 1 risk-based capital ratio
  • 20.61%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $26,725Average earning assets
  • $2,973Average equity
  • $24,747Average loans

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