FortuneBank in Arnold, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • FortuneBank in Arnold, Missouri (MO)
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FortuneBank - Overview

  • General
  • FDIC Certificate #: 58107
    Status: Active
    Federal Reserve ID: 3384372
    Bank Holding Company (Regulatory Top Holder): Fortune Financial Corporation (RSSDID: 3384363, Location: Arnold, MO)
    Date Established: December 01, 2005
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 439886
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 01, 2005
    Last Structure Change Effective Date: November 13, 2007
    Last Structure Change Process Date: March 18, 2008
    Last Data Update: March 18, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 3494 Jeffco Boulevard, Arnold, MO 63010
    County: Jefferson
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: St. Louis
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040)
    Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
    Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
    CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $151.3 mil
    Equity capital: $14.3 mil
    Deposits held in domestic offices: $123.6 mil
    Return on assets (ROA): 0.05% ($0.1 mil)
    Quarterly return on assets: -0.81% (-$1.2 mil)
    Return on Equity (ROE): 0.49% ($0.1 mil)
    Quarterly return on equity: -8.48% (-$1.2 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: 0.07% ($105.9 mil)
    Quarterly Pretax return on assets: -1.28% (-$1,936.3 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
  • 40Total employees (full-time equivalent)
  • $151,273Total assets
  • $6,589Cash and due from depository institutions
  • $255Interest-bearing balances
  • $22,236Securities
  • $2,010Federal funds sold & reverse repurchase agreements
  • $111,115Net loans & leases
  • $1,754Loan loss allowance
  • $0Trading account assets
  • $5,272Bank premises and fixed assets
  • $899Other real estate owned
  • $771Goodwill and other intangibles
  • $151,273Life insurance assets
  • $2,381All other assets
  • $136,967Total liabilities and capital
  • $123,608Total liabilities
  • $109,643Total deposits
  • $123,608Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $13,000Trading liabilities
  • $0Other borrowed funds
  • $359Subordinated debt
  • $14,306All other liabilities
  • $14,306Total equity capital
  • $14,306Total bank equity capital
  • $0Perpetual preferred stock
  • $5,375Common stock
  • $8,034Surplus
  • $897Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,846Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,913Income earned, not collected on loans
  • $126Earning assets
  • $525Long-term assets (5+ years)
  • $135,616Average Assets, year-to-date
  • $15,826Average Assets, quarterly
  • $149,435Volatile liabilities
  • $152,111Insider loans
  • $111,608FHLB advances
  • $153,144Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,482Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,810Restructured Loans and leases
  • $2,330Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,765Total interest income
  • $2,353Total interest expense
  • $4,412Net interest income
  • $1,005Provision for loan and lease losses
  • $1,549Total noninterest income
  • $0Fiduciary activities
  • $69Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,480Additional noninterest income
  • $4,906Total noninterest expense
  • $2,303Salaries and employee benefits
  • $595Premises and equipment expense
  • $2,008Additional noninterest expense
  • $50Pre-tax net operating income
  • $61Securities gains (losses)
  • $41Applicable income taxes
  • $70Income before extraordinary items
  • $0Extraordinary gains - net
  • $70Net income attributable to bank
  • $0Net charge-offs
  • $70Cash dividends
  • $833Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.01%Yield on earning assets
  • 1.74%Cost of funding earning assets
  • 3.27%Net interest margin
  • 1.15%Noninterest income to earning assets
  • 3.64%Noninterest expense to earning assets
  • 0.02%Net operating income to assets
  • 0.05%Return on assets (ROA)
  • 0.07%Pretax return on assets
  • 0.49%Return on equity (ROE)
  • 0.49%Retained earnings to average equity (YTD only)
  • 0.78%Net charge-offs to loans
  • 120.65%Credit loss provision to net charge-offs
  • 1.27%Efficiency ratio
  • 81,748Assets per employee
  • 3.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.55%Loss allowance to noncurrent loans
  • 29.66%Noncurrent assets plus other real estate owned to assets
  • 4.50%Noncurrent loans to loans
  • 5.24%Net loans and leases to deposits
  • 89.89%Net loans and leases to core deposits
  • 98.85%Equity capital to assets
  • 9.46%Core capital (leverage) ratio
  • 8.80%Tier 1 risk-based capital ratio
  • 12.08%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $149,435Average earning assets
  • $14,329Average equity
  • $134,957Average loans

List of branches

  • 1 Missouri Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0439886Fortunebank3494 Jeffco Boulevard, Arnold, MO 63010December 01, 2005Full Service Brick and Mortar

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