First State Bank of Higginsville/Odessa in Higginsville, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 20, 1998

  • First State Bank of Higginsville/Odessa in Higginsville, Missouri (MO)
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First State Bank of Higginsville/Odessa - Overview

  • General
  • FDIC Certificate #: 22842
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Central Bank (#25268)
    Federal Reserve ID: 962555
    Date Established: April 11, 1979
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 15958
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 11, 1979
    Last Structure Change Effective Date: November 20, 1998
    Last Structure Change Process Date: January 27, 1999
    Last Data Update: January 27, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 401-415 Fairground Avenue, Higginsville, MO 64037
    County: Lafayette
    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)
  • Financial Summary
  • Total assets: $37.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $35,637Total assets
  • $2,337Cash and due from depository institutions
  • $0Interest-bearing balances
  • $9,330Securities
  • $3,130Federal funds sold & reverse repurchase agreements
  • $19,656Net loans & leases
  • $200Loan loss allowance
  • $0Trading account assets
  • $733Bank premises and fixed assets
  • $84Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $367All other assets
  • $35,637Total liabilities and capital
  • $32,746Total liabilities
  • $32,112Total deposits
  • $27,562Interest-bearing deposits
  • $32,112Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $460Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $174All other liabilities
  • $2,891Total equity capital
  • $2,891Total bank equity capital
  • $2,891Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $300Undivided profits
  • Memoranda
  • $2,291Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $51Earning assets
  • $0Long-term assets (5+ years)
  • $205Average Assets, year-to-date
  • $32,116Average Assets, quarterly
  • $1,261Volatile liabilities
  • $33,344Insider loans
  • $35,034FHLB advances
  • $5,788Loans and leases held for sale
  • $75Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $730Total risk weighted assets
  • $3,912Total unused commitments
  • $0Restructured Loans and leases
  • $22,003Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $2,611Total interest income
  • $1,190Total interest expense
  • $1,421Net interest income
  • $0Provision for loan and lease losses
  • $228Total noninterest income
  • $0Fiduciary activities
  • $192Service charges on deposit accounts
  • $0Trading account gains & fees
  • $36Additional noninterest income
  • $1,034Total noninterest expense
  • $511Salaries and employee benefits
  • $155Premises and equipment expense
  • $368Additional noninterest expense
  • $615Pre-tax net operating income
  • $46Securities gains (losses)
  • $193Applicable income taxes
  • $468Income before extraordinary items
  • $0Extraordinary gains - net
  • $468Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $12Sale, conversion, retirement of capital stock, net
  • $80Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.68%Yield on earning assets
  • 3.95%Cost of funding earning assets
  • 4.72%Net interest margin
  • 0.76%Noninterest income to earning assets
  • 3.44%Noninterest expense to earning assets
  • 1.31%Net operating income to assets
  • 1.40%Return on assets (ROA)
  • 1.98%Pretax return on assets
  • 17.64%Return on equity (ROE)
  • 14.63%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 51.25%Efficiency ratio
  • 62,705Assets per employee
  • 1.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 17.09%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 392.16%Noncurrent assets plus other real estate owned to assets
  • 0.38%Noncurrent loans to loans
  • 0.26%Net loans and leases to deposits
  • 61.21%Net loans and leases to core deposits
  • 73.39%Equity capital to assets
  • 8.11%Core capital (leverage) ratio
  • 8.12%Tier 1 risk-based capital ratio
  • 13.04%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $33,344Average earning assets
  • $2,653Average equity
  • $30,092Average loans

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