FDIC Certificate #: 25231 Status: Inactive Closing history: Corrections Acquiring institution:Great American Bank (#10908) Federal Reserve ID: 880659 Date Established: June 20, 1984 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 17443 Numeric code: 21 Regulator: FDIC 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: June 20, 1984 Last Structure Change Effective Date: September 04, 2009 Last Structure Change Process Date: September 08, 2009 Last Data Update: September 08, 2009 Data Source Date: April 05, 2012
Location
Address: 3901 Main Street, Kansas City, MO 64111 County: Jackson 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 Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760) Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312) Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140) CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
History of Changes
Absorption - Assisted
Corrections
Financial Summary
Total assets: $15.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
11Total employees (full-time equivalent)
$17,922Total assets
$1,666Cash and due from depository institutions
$1,052Interest-bearing balances
$0Securities
$62Federal funds sold & reverse repurchase agreements
$14,541Net loans & leases
$522Loan loss allowance
$0Trading account assets
$11Bank premises and fixed assets
$995Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$647All other assets
$17,922Total liabilities and capital
$16,175Total liabilities
$16,077Total deposits
$14,737Interest-bearing deposits
$16,077Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$98All other liabilities
$1,747Total equity capital
$1,747Total bank equity capital
$1,747Perpetual preferred stock
$0Common stock
$450Surplus
$2,401Undivided profits
Memoranda
$-1,104Noncurrent loans and leases
$481Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,152Earning assets
$0Long-term assets (5+ years)
$103Average Assets, year-to-date
$15,655Average Assets, quarterly
$420Volatile liabilities
$22,144Insider loans
$18,597FHLB advances
$4,820Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$481Total unused commitments
$0Restructured Loans and leases
$182Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$1,384Total interest income
$793Total interest expense
$591Net interest income
$714Provision for loan and lease losses
$24Total noninterest income
$0Fiduciary activities
$72Service charges on deposit accounts
$0Trading account gains & fees
-$48Additional noninterest income
$1,323Total noninterest expense
$622Salaries and employee benefits
$152Premises and equipment expense
$549Additional noninterest expense
-$1,422Pre-tax net operating income
$0Securities gains (losses)
-$227Applicable income taxes
-$1,195Income before extraordinary items
$0Extraordinary gains - net
-$1,195Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$596Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.27%Yield on earning assets
4.16%Cost of funding earning assets
3.10%Net interest margin
0.13%Noninterest income to earning assets
6.95%Noninterest expense to earning assets
-5.40%Net operating income to assets
-5.40%Return on assets (ROA)
-6.42%Pretax return on assets
-59.26%Return on equity (ROE)
-59.26%Retained earnings to average equity (YTD only)
3.64%Net charge-offs to loans
119.80%Credit loss provision to net charge-offs
-1.19%Efficiency ratio
215,122Assets per employee
1.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.47%Loss allowance to noncurrent loans
24.26%Noncurrent assets plus other real estate owned to assets
17.56%Noncurrent loans to loans
14.29%Net loans and leases to deposits
90.45%Net loans and leases to core deposits
129.17%Equity capital to assets
9.75%Core capital (leverage) ratio
7.12%Tier 1 risk-based capital ratio
9.25%Total risk-based capital ratio
Memoranda
$11Average assets
$22,144Average earning assets
$2,016Average equity
$19,046Average loans
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