FDIC Certificate #: 33422 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Alterra Bank (#1149) Federal Reserve ID: 1863501 Date Established: May 24, 1991 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 10930 FDIC's unique #: 47104 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) Insured commercial Banks: Yes FDIC Insured: Yes SAIF Insured: Yes Oakar Institutions: Yes State Chartered: Yes Date of Deposit Insurance: May 24, 1991 Last Structure Change Effective Date: May 24, 2001 Last Structure Change Process Date: July 10, 2001 Last Data Update: July 10, 2001 Data Source Date: April 05, 2012
Location
Address: 400 East Spring Street, Boonville, MO 65233 County: Cooper Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Columbia Mo Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
Financial Summary
Total assets: $107.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
25Total employees (full-time equivalent)
$109,619Total assets
$5,024Cash and due from depository institutions
$351Interest-bearing balances
$19,836Securities
$12,003Federal funds sold & reverse repurchase agreements
$68,482Net loans & leases
$1,745Loan loss allowance
$0Trading account assets
$1,260Bank premises and fixed assets
$587Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,427All other assets
$109,619Total liabilities and capital
$97,140Total liabilities
$89,461Total deposits
$84,109Interest-bearing deposits
$89,461Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$7,000Other borrowed funds
$0Subordinated debt
$679All other liabilities
$12,479Total equity capital
$12,479Total bank equity capital
$12,479Perpetual preferred stock
$0Common stock
$1,250Surplus
$2,996Undivided profits
Memoranda
$8,233Noncurrent loans and leases
$3,400Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,463Earning assets
$293Long-term assets (5+ years)
$1,017Average Assets, year-to-date
$100,672Average Assets, quarterly
$9,648Volatile liabilities
$116,762Insider loans
$107,785FHLB advances
$14,436Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,400Total unused commitments
$0Restructured Loans and leases
$874Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$9,111Total interest income
$4,937Total interest expense
$4,174Net interest income
$332Provision for loan and lease losses
$452Total noninterest income
$0Fiduciary activities
$401Service charges on deposit accounts
$0Trading account gains & fees
$51Additional noninterest income
$3,016Total noninterest expense
$1,131Salaries and employee benefits
$351Premises and equipment expense
$1,534Additional noninterest expense
$1,278Pre-tax net operating income
$0Securities gains (losses)
$461Applicable income taxes
$817Income before extraordinary items
$0Extraordinary gains - net
$817Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$981Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.45%Yield on earning assets
4.58%Cost of funding earning assets
3.87%Net interest margin
0.42%Noninterest income to earning assets
2.80%Noninterest expense to earning assets
0.70%Net operating income to assets
0.70%Return on assets (ROA)
1.09%Pretax return on assets
6.79%Return on equity (ROE)
6.79%Retained earnings to average equity (YTD only)
1.23%Net charge-offs to loans
33.84%Credit loss provision to net charge-offs
1.64%Efficiency ratio
65,197Assets per employee
4.38%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.48%Loss allowance to noncurrent loans
70.85%Noncurrent assets plus other real estate owned to assets
2.78%Noncurrent loans to loans
3.51%Net loans and leases to deposits
76.55%Net loans and leases to core deposits
91.28%Equity capital to assets
11.38%Core capital (leverage) ratio
11.83%Tier 1 risk-based capital ratio
18.20%Total risk-based capital ratio
Memoranda
$19Average assets
$116,762Average earning assets
$12,033Average equity
$107,824Average loans
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