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

This bank is inactive as of July 30, 2011

Bank of Parsons - Overview

  • General
  • FDIC Certificate #: 13857
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Neodesha Bank (#4736)
    Federal Reserve ID: 480750
    Date Established: July 14, 1903
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 8665
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 30, 2011
    Last Structure Change Process Date: August 02, 2011
    Last Data Update: August 02, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1230 Main Street, Parsons, KS 67357
    County: Labette
    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
    Core Based Statistical Area (CBSA): Parsons, KS (#37660)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $12.4 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, 2010)

  • Dollar figures in thousands
  • 8Total employees (full-time equivalent)
  • $12,296Total assets
  • $3,180Cash and due from depository institutions
  • $2,452Interest-bearing balances
  • $551Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $8,095Net loans & leases
  • $80Loan loss allowance
  • $0Trading account assets
  • $293Bank premises and fixed assets
  • $0Other real estate owned
  • $21Goodwill and other intangibles
  • $0Life insurance assets
  • $156All other assets
  • $12,296Total liabilities and capital
  • $11,437Total liabilities
  • $11,407Total deposits
  • $8,345Interest-bearing deposits
  • $11,407Deposits held in domestic offices
  • 99.67%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $30All other liabilities
  • $859Total equity capital
  • $859Total bank equity capital
  • $859Perpetual preferred stock
  • $0Common stock
  • $90Surplus
  • $498Undivided profits
  • Memoranda
  • $271Noncurrent loans and leases
  • $383Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $39Average Assets, year-to-date
  • $11,098Average Assets, quarterly
  • $519Volatile liabilities
  • $12,531Insider loans
  • $12,566FHLB advances
  • $2,282Loans and leases held for sale
  • $524Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $383Total unused commitments
  • $0Restructured Loans and leases
  • $80Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $576Total interest income
  • $148Total interest expense
  • $428Net interest income
  • $0Provision for loan and lease losses
  • $151Total noninterest income
  • $0Fiduciary activities
  • $114Service charges on deposit accounts
  • $0Trading account gains & fees
  • $37Additional noninterest income
  • $536Total noninterest expense
  • $260Salaries and employee benefits
  • $115Premises and equipment expense
  • $161Additional noninterest expense
  • $43Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $43Income before extraordinary items
  • $0Extraordinary gains - net
  • $43Net income attributable to bank
  • $0Net charge-offs
  • $43Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $24Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.10%Yield on earning assets
  • 1.31%Cost of funding earning assets
  • 3.79%Net interest margin
  • 1.34%Noninterest income to earning assets
  • 4.75%Noninterest expense to earning assets
  • 0.34%Net operating income to assets
  • 0.34%Return on assets (ROA)
  • 0.34%Pretax return on assets
  • 5.46%Return on equity (ROE)
  • 2.41%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 92,573Assets per employee
  • 1.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 55.81%Loss allowance to loans
  • 0.98%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 70.97%Net loans and leases to core deposits
  • 88.71%Equity capital to assets
  • 6.99%Core capital (leverage) ratio
  • 6.56%Tier 1 risk-based capital ratio
  • 13.17%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $12,531Average earning assets
  • $787Average equity
  • $11,284Average loans

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 of Parsons.
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