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

Commercial Bank - Overview

  • General
  • FDIC Certificate #: 11777
    Status: Active
    Federal Reserve ID: 296559
    Date Established: May 30, 1874
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 52254
    FDIC's unique #: 7532
    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: Yes
    Asset Concentration Hierarchy: Other Specialized Lending < 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
  • Location
  • Address: 1901 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
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $230.9 mil
    Equity capital: $29.0 mil
    Deposits held in domestic offices: $190.8 mil
    Return on assets (ROA): 1.53% ($3.5 mil)
    Quarterly return on assets: 1.02% ($2.4 mil)
    Return on Equity (ROE): 11.67% ($3.4 mil)
    Quarterly return on equity: 7.76% ($2.3 mil)
    Net income: $3.6 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.63% ($3,763.8 mil)
    Quarterly Pretax return on assets: 1.18% ($2,724.7 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
  • 70Total employees (full-time equivalent)
  • $230,909Total assets
  • $5,912Cash and due from depository institutions
  • $3,525Interest-bearing balances
  • $133,927Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $84,034Net loans & leases
  • $2,175Loan loss allowance
  • $0Trading account assets
  • $2,649Bank premises and fixed assets
  • $90Other real estate owned
  • $2Goodwill and other intangibles
  • $230,909Life insurance assets
  • $4,295All other assets
  • $201,924Total liabilities and capital
  • $190,769Total liabilities
  • $163,724Total deposits
  • $190,769Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 6483.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,000Trading liabilities
  • $0Other borrowed funds
  • $672Subordinated debt
  • $28,985All other liabilities
  • $28,985Total equity capital
  • $28,985Total bank equity capital
  • $0Perpetual preferred stock
  • $1,500Common stock
  • $2,000Surplus
  • $25,485Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $243Income earned, not collected on loans
  • $0Earning assets
  • $1,476Long-term assets (5+ years)
  • $221,486Average Assets, year-to-date
  • $135,678Average Assets, quarterly
  • $232,715Volatile liabilities
  • $231,283Insider loans
  • $106,909FHLB advances
  • $232,748Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $26,574Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $21,058Restructured Loans and leases
  • $17,675Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,548Total interest income
  • $1,599Total interest expense
  • $7,949Net interest income
  • $158Provision for loan and lease losses
  • $1,954Total noninterest income
  • $209Fiduciary activities
  • $1,192Service charges on deposit accounts
  • $0Trading account gains & fees
  • $553Additional noninterest income
  • $6,087Total noninterest expense
  • $3,349Salaries and employee benefits
  • $637Premises and equipment expense
  • $2,101Additional noninterest expense
  • $3,658Pre-tax net operating income
  • $136Securities gains (losses)
  • $225Applicable income taxes
  • $3,569Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,569Net income attributable to bank
  • $0Net charge-offs
  • $3,569Cash dividends
  • $50Sale, conversion, retirement of capital stock, net
  • $7,092Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.29%Yield on earning assets
  • 0.72%Cost of funding earning assets
  • 3.57%Net interest margin
  • 0.88%Noninterest income to earning assets
  • 2.74%Noninterest expense to earning assets
  • 1.48%Net operating income to assets
  • 1.53%Return on assets (ROA)
  • 1.63%Pretax return on assets
  • 11.67%Return on equity (ROE)
  • -11.52%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 316.00%Credit loss provision to net charge-offs
  • 76.32%Efficiency ratio
  • 61,456Assets per employee
  • 3.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 198.71%Loss allowance to loans
  • 2.52%Loss allowance to noncurrent loans
  • 895.06%Noncurrent assets plus other real estate owned to assets
  • 0.14%Noncurrent loans to loans
  • 0.28%Net loans and leases to deposits
  • 44.05%Net loans and leases to core deposits
  • 48.57%Equity capital to assets
  • 12.55%Core capital (leverage) ratio
  • 11.42%Tier 1 risk-based capital ratio
  • 24.86%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $232,715Average earning assets
  • $30,575Average equity
  • $222,469Average 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
  • $51,580Managed Assets
  • 1Number of Accounts
  • $13,270Personal trust and agency accounts
  • $10,432Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $2,838Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 80Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $38,310Other retirement accounts
  • $0Corporate trust and agency accounts
  • $36,464Other fiduciary accounts
  • $1,846Fiduciary accounts held in foreign offices

List of branches

  • 8 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07532Commercial Bank1901 Main Street, Parsons, KS 67357May 30, 1874Full Service Brick and Mortar
    1225537Parsons West Branch2227 Main Street, Parsons, KS 67357July 10, 1959Limited Service Facility
    26989Parsons Down Town Branch1821 Main Street, Parsons, KS 67357January 01, 1800Limited Service Facility
    43165Oswego Branch501 Commercial, Oswego, KS 67356January 01, 1920Full Service Brick and Mortar
    742755Erie Branch222 South Main, Erie, KS 66733January 01, 1884Full Service Brick and Mortar
    8265221Independence Branch616 North Penn, Independence, KS 67301January 01, 1912Full Service Brick and Mortar
    9358974Walmart Independence Branch121 South Peter Pan Road, Independence, KS 67301July 19, 2000Full Service Brick and Mortar
    10362901Chanute Branch1315 South Santa Fe, Chanute, KS 66720January 25, 2002Full Service Brick and Mortar

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