Elk State Bank in Clyde, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches


Elk State Bank - Overview

  • General
  • FDIC Certificate #: 15259
    Status: Active
    Federal Reserve ID: 679451
    Bank Holding Company (Regulatory Top Holder): Elkcorp, Inc. (RSSDID: 1248041, Location: Clyde, KS)
    Date Established: January 01, 1896
    WWW: http://www.elkstatebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 15817
    FDIC's unique #: 9606
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: August 21, 1935
    Last Structure Change Effective Date: June 07, 2006
    Last Structure Change Process Date: September 28, 2010
    Last Data Update: September 28, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 328 Washington Street, Clyde, KS 66938
    County: Cloud
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Hays
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Name Change
    Change in Location
    Corrections
  • Financial Summary
  • Total assets: $51.0 mil
    Equity capital: $4.2 mil
    Deposits held in domestic offices: $36.1 mil
    Return on assets (ROA): 0.57% ($0.3 mil)
    Quarterly return on assets: 0.79% ($0.4 mil)
    Return on Equity (ROE): 6.72% ($0.3 mil)
    Quarterly return on equity: 9.39% ($0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.71% ($361.8 mil)
    Quarterly Pretax return on assets: 1.09% ($555.4 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, 2011)

  • Dollar figures in thousands
  • 10Total employees (full-time equivalent)
  • $50,956Total assets
  • $2,471Cash and due from depository institutions
  • $140Interest-bearing balances
  • $18,652Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $27,641Net loans & leases
  • $328Loan loss allowance
  • $0Trading account assets
  • $919Bank premises and fixed assets
  • $0Other real estate owned
  • $16Goodwill and other intangibles
  • $50,956Life insurance assets
  • $1,257All other assets
  • $46,767Total liabilities and capital
  • $36,072Total liabilities
  • $28,315Total deposits
  • $36,072Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 195.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,201Trading liabilities
  • $0Other borrowed funds
  • $299Subordinated debt
  • $4,189All other liabilities
  • $4,189Total equity capital
  • $4,189Total bank equity capital
  • $0Perpetual preferred stock
  • $10Common stock
  • $2,137Surplus
  • $2,042Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $161Income earned, not collected on loans
  • $0Earning assets
  • $391Long-term assets (5+ years)
  • $46,433Average Assets, year-to-date
  • $19,485Average Assets, quarterly
  • $48,224Volatile liabilities
  • $49,322Insider loans
  • $25,847FHLB advances
  • $48,656Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,868Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,500Restructured Loans and leases
  • $1,440Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,367Total interest income
  • $703Total interest expense
  • $1,664Net interest income
  • $30Provision for loan and lease losses
  • $103Total noninterest income
  • $0Fiduciary activities
  • $83Service charges on deposit accounts
  • $0Trading account gains & fees
  • $20Additional noninterest income
  • $1,407Total noninterest expense
  • $750Salaries and employee benefits
  • $250Premises and equipment expense
  • $407Additional noninterest expense
  • $330Pre-tax net operating income
  • $13Securities gains (losses)
  • $70Applicable income taxes
  • $273Income before extraordinary items
  • $0Extraordinary gains - net
  • $273Net income attributable to bank
  • $0Net charge-offs
  • $273Cash dividends
  • $3Sale, conversion, retirement of capital stock, net
  • $198Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.26%Yield on earning assets
  • 1.56%Cost of funding earning assets
  • 3.70%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 3.13%Noninterest expense to earning assets
  • 0.54%Net operating income to assets
  • 0.57%Return on assets (ROA)
  • 0.71%Pretax return on assets
  • 6.72%Return on equity (ROE)
  • 1.85%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 1000.00%Credit loss provision to net charge-offs
  • 120.00%Efficiency ratio
  • 79,626Assets per employee
  • 5.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 72.53%Loss allowance to loans
  • 1.17%Loss allowance to noncurrent loans
  • 203.73%Noncurrent assets plus other real estate owned to assets
  • 0.32%Noncurrent loans to loans
  • 0.58%Net loans and leases to deposits
  • 76.63%Net loans and leases to core deposits
  • 95.58%Equity capital to assets
  • 8.22%Core capital (leverage) ratio
  • 7.95%Tier 1 risk-based capital ratio
  • 14.96%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $48,224Average earning assets
  • $4,060Average equity
  • $45,010Average loans

List of branches

  • 2 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09606Elk State Bank328 Washington Street, Clyde, KS 66938January 01, 1896Full Service Brick and Mortar
    1465455The Elk State Bank1702 Lincoln Street, Concordia, KS 66901June 29, 2007Full Service Brick and Mortar

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