Founders Bank in Chesterfield, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 13, 2003

  • Founders Bank in Chesterfield, Missouri (MO)
  • Show street view No street view available for this location

Founders Bank - Overview

  • General
  • FDIC Certificate #: 34216
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank Midwest, National Association (#32964)
    Federal Reserve ID: 2486699
    Date Established: August 05, 1996
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 14664
    FDIC's unique #: 56974
    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: August 05, 1996
    Last Structure Change Effective Date: June 13, 2003
    Last Structure Change Process Date: July 01, 2003
    Last Data Update: July 01, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 15500 Olive Boulevard, Chesterfield, MO 63017
    County: St. Louis
    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)
  • Financial Summary
  • Total assets: $130.3 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, 2002)

  • Dollar figures in thousands
  • 25Total employees (full-time equivalent)
  • $122,504Total assets
  • $7,523Cash and due from depository institutions
  • $8Interest-bearing balances
  • $9,870Securities
  • $928Federal funds sold & reverse repurchase agreements
  • $100,239Net loans & leases
  • $1,116Loan loss allowance
  • $0Trading account assets
  • $2,960Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $984All other assets
  • $122,504Total liabilities and capital
  • $113,635Total liabilities
  • $106,487Total deposits
  • $81,729Interest-bearing deposits
  • $106,487Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,650Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,914Other borrowed funds
  • $0Subordinated debt
  • $584All other liabilities
  • $8,869Total equity capital
  • $8,869Total bank equity capital
  • $8,869Perpetual preferred stock
  • $0Common stock
  • $2,977Surplus
  • $3,420Undivided profits
  • Memoranda
  • $2,472Noncurrent loans and leases
  • $23,894Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $409Average Assets, year-to-date
  • $111,045Average Assets, quarterly
  • $1,264Volatile liabilities
  • $114,579Insider loans
  • $119,686FHLB advances
  • $22,987Loans and leases held for sale
  • $6,102Unused loan commitments
  • $3,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $23,894Total unused commitments
  • $0Restructured Loans and leases
  • $1,116Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $6,341Total interest income
  • $2,409Total interest expense
  • $3,932Net interest income
  • $236Provision for loan and lease losses
  • $417Total noninterest income
  • $0Fiduciary activities
  • $242Service charges on deposit accounts
  • $0Trading account gains & fees
  • $175Additional noninterest income
  • $2,912Total noninterest expense
  • $1,462Salaries and employee benefits
  • $477Premises and equipment expense
  • $973Additional noninterest expense
  • $1,201Pre-tax net operating income
  • $261Securities gains (losses)
  • $508Applicable income taxes
  • $954Income before extraordinary items
  • $0Extraordinary gains - net
  • $954Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $20Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.10%Yield on earning assets
  • 2.32%Cost of funding earning assets
  • 3.78%Net interest margin
  • 0.40%Noninterest income to earning assets
  • 2.80%Noninterest expense to earning assets
  • 0.68%Net operating income to assets
  • 0.83%Return on assets (ROA)
  • 1.28%Pretax return on assets
  • 11.68%Return on equity (ROE)
  • 11.44%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 66,958Assets per employee
  • 4.90%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 2.10%Loss allowance to loans
  • 1.10%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 94.13%Net loans and leases to core deposits
  • 113.71%Equity capital to assets
  • 7.24%Core capital (leverage) ratio
  • 7.42%Tier 1 risk-based capital ratio
  • 8.89%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $114,579Average earning assets
  • $8,168Average equity
  • $103,961Average loans

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