First National Bank, Independence, Kansas in Independence, Kansas (KS), CO
Overview, Financial Summary, Detailed Financial Reports, Branches

  • First National Bank, Independence, Kansas in Independence, Kansas (KS), CO
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First National Bank, Independence, Kansas - Overview

  • General
  • FDIC Certificate #: 4660
    Status: Active
    Federal Reserve ID: 916857
    Date Established: January 01, 1881
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Domestic: 4, Interstate: Yes)
    OTS Docket #: 11567
    FDIC's unique #: 3096
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 23, 2006
    Last Structure Change Process Date: August 09, 2006
    Last Data Update: August 09, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 113 North Penn Avenue, Independence, KS 67301
    County: Montgomery
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Wichita
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Coffeyville, KS (#17700)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
    Office Sold
  • Financial Summary
  • Total assets: $83.0 mil
    Equity capital: $8.7 mil
    Deposits held in domestic offices: $65.9 mil
    Return on assets (ROA): 1.02% ($0.8 mil)
    Quarterly return on assets: 0.54% ($0.4 mil)
    Return on Equity (ROE): 9.86% ($0.9 mil)
    Quarterly return on equity: 5.22% ($0.5 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.02% ($847.1 mil)
    Quarterly Pretax return on assets: 0.55% ($456.8 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
  • 28Total employees (full-time equivalent)
  • $83,046Total assets
  • $2,833Cash and due from depository institutions
  • $2,230Interest-bearing balances
  • $4,027Securities
  • $7,009Federal funds sold & reverse repurchase agreements
  • $62,451Net loans & leases
  • $971Loan loss allowance
  • $0Trading account assets
  • $2,681Bank premises and fixed assets
  • $274Other real estate owned
  • $475Goodwill and other intangibles
  • $83,046Life insurance assets
  • $3,296All other assets
  • $74,302Total liabilities and capital
  • $65,860Total liabilities
  • $51,687Total deposits
  • $65,860Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $8,000Trading liabilities
  • $0Other borrowed funds
  • $442Subordinated debt
  • $8,744All other liabilities
  • $8,744Total equity capital
  • $8,744Total bank equity capital
  • $0Perpetual preferred stock
  • $411Common stock
  • $3,534Surplus
  • $4,799Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $948Income earned, not collected on loans
  • $0Earning assets
  • $411Long-term assets (5+ years)
  • $75,717Average Assets, year-to-date
  • $26,309Average Assets, quarterly
  • $82,105Volatile liabilities
  • $83,118Insider loans
  • $70,510FHLB advances
  • $83,658Loans and leases held for sale
  • $1,308Unused loan commitments
  • $1,308Tier 1 (core) risk-based capital
  • $8,182Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,513Restructured Loans and leases
  • $343Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,554Total interest income
  • $653Total interest expense
  • $3,901Net interest income
  • $162Provision for loan and lease losses
  • $368Total noninterest income
  • $0Fiduciary activities
  • $350Service charges on deposit accounts
  • $0Trading account gains & fees
  • $18Additional noninterest income
  • $3,313Total noninterest expense
  • $1,712Salaries and employee benefits
  • $525Premises and equipment expense
  • $1,076Additional noninterest expense
  • $794Pre-tax net operating income
  • $42Securities gains (losses)
  • -$5Applicable income taxes
  • $841Income before extraordinary items
  • $0Extraordinary gains - net
  • $841Net income attributable to bank
  • $0Net charge-offs
  • $841Cash dividends
  • $211Sale, conversion, retirement of capital stock, net
  • $633Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.17%Yield on earning assets
  • 0.88%Cost of funding earning assets
  • 5.28%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 4.49%Noninterest expense to earning assets
  • 0.97%Net operating income to assets
  • 1.02%Return on assets (ROA)
  • 1.02%Pretax return on assets
  • 9.86%Return on equity (ROE)
  • 2.44%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 76.78%Credit loss provision to net charge-offs
  • 4.53%Efficiency ratio
  • 77,606Assets per employee
  • 2.97%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 75.27%Loss allowance to loans
  • 1.53%Loss allowance to noncurrent loans
  • 102.43%Noncurrent assets plus other real estate owned to assets
  • 1.47%Noncurrent loans to loans
  • 1.49%Net loans and leases to deposits
  • 94.82%Net loans and leases to core deposits
  • 103.17%Equity capital to assets
  • 10.53%Core capital (leverage) ratio
  • 9.78%Tier 1 risk-based capital ratio
  • 11.60%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $82,105Average earning assets
  • $8,526Average equity
  • $73,858Average loans

List of branches

  • 1 Colorado Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    4453411First National Bank Of Pueblo Branch1419 Highway 50 West, Pueblo, CO 81008June 23, 2006Full Service Retail
  • 3 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03096First National Bank, Independence, Kansas113 North Penn Avenue, Independence, KS 67301January 01, 1881Full Service Brick and Mortar
    1203955Elk City Branch108 East Hickory, Elk City, KS 67344April 17, 1989Limited Service Facility
    2203956Drive-In Facility1801 West Main, Independence, KS 67301May 24, 1993Limited Service Facility

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