First National Bank of Elkhart in Elkhart, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Elkhart - Overview

  • General
  • FDIC Certificate #: 25851
    Status: Active
    Federal Reserve ID: 833758
    Bank Holding Company (Regulatory Top Holder): Kansas Bank Corporation (RSSDID: 1050075, Location: Johnson, KS)
    Date Established: January 02, 1985
    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: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 32087
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 02, 1985
    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: 601 Morton Street, Elkhart, KS 67950
    County: Morton
    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
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $76.4 mil
    Equity capital: $8.2 mil
    Deposits held in domestic offices: $68.0 mil
    Return on assets (ROA): 1.26% ($1.0 mil)
    Quarterly return on assets: 2.13% ($1.6 mil)
    Return on Equity (ROE): 11.96% ($1.0 mil)
    Quarterly return on equity: 19.64% ($1.6 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.48% ($1,131.4 mil)
    Quarterly Pretax return on assets: 1.68% ($1,284.3 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
  • 19Total employees (full-time equivalent)
  • $76,445Total assets
  • $7,367Cash and due from depository institutions
  • $4,754Interest-bearing balances
  • $24,971Securities
  • $178Federal funds sold & reverse repurchase agreements
  • $41,813Net loans & leases
  • $691Loan loss allowance
  • $0Trading account assets
  • $541Bank premises and fixed assets
  • $500Other real estate owned
  • $0Goodwill and other intangibles
  • $76,445Life insurance assets
  • $1,075All other assets
  • $68,244Total liabilities and capital
  • $67,980Total liabilities
  • $55,908Total deposits
  • $67,980Interest-bearing deposits
  • $74Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $264Subordinated debt
  • $8,201All other liabilities
  • $8,201Total equity capital
  • $8,201Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $1,000Surplus
  • $6,201Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $795Income earned, not collected on loans
  • $688Earning assets
  • $635Long-term assets (5+ years)
  • $71,716Average Assets, year-to-date
  • $21,378Average Assets, quarterly
  • $74,012Volatile liabilities
  • $74,585Insider loans
  • $39,805FHLB advances
  • $71,114Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,824Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,374Restructured Loans and leases
  • $8,490Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,047Total interest income
  • $443Total interest expense
  • $2,604Net interest income
  • $250Provision for loan and lease losses
  • $577Total noninterest income
  • $0Fiduciary activities
  • $375Service charges on deposit accounts
  • $0Trading account gains & fees
  • $202Additional noninterest income
  • $1,838Total noninterest expense
  • $1,087Salaries and employee benefits
  • $118Premises and equipment expense
  • $633Additional noninterest expense
  • $1,093Pre-tax net operating income
  • $0Securities gains (losses)
  • $164Applicable income taxes
  • $929Income before extraordinary items
  • $0Extraordinary gains - net
  • $929Net income attributable to bank
  • $0Net charge-offs
  • $929Cash dividends
  • $262Sale, conversion, retirement of capital stock, net
  • $500Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.41%Yield on earning assets
  • 0.64%Cost of funding earning assets
  • 3.77%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 2.66%Noninterest expense to earning assets
  • 1.26%Net operating income to assets
  • 1.26%Return on assets (ROA)
  • 1.48%Pretax return on assets
  • 11.96%Return on equity (ROE)
  • 5.52%Retained earnings to average equity (YTD only)
  • 0.63%Net charge-offs to loans
  • 95.42%Credit loss provision to net charge-offs
  • 5.13%Efficiency ratio
  • 57,781Assets per employee
  • 4.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 53.82%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 86.92%Noncurrent assets plus other real estate owned to assets
  • 1.69%Noncurrent loans to loans
  • 1.87%Net loans and leases to deposits
  • 61.51%Net loans and leases to core deposits
  • 76.60%Equity capital to assets
  • 10.73%Core capital (leverage) ratio
  • 11.00%Tier 1 risk-based capital ratio
  • 19.66%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $74,012Average earning assets
  • $7,769Average equity
  • $69,047Average loans

List of branches

  • 2 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    032087First National Bank Of Elkhart601 Morton Street, Elkhart, KS 67950January 02, 1985Full Service Brick and Mortar
    2258264Rolla Branch212 Washington, Rolla, KS 67954September 17, 1990Full Service Brick and Mortar

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