Garden City State Bank in Garden City, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

Garden City State Bank - Overview

  • General
  • FDIC Certificate #: 35414
    Status: Active
    Federal Reserve ID: 2848895
    Bank Holding Company (Regulatory Top Holder): United Bancshares, Inc. (RSSDID: 3690729, Location: Garden City, KS)
    Date Established: March 13, 2000
    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 #: 79522
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 13, 2000
    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: 1910 East Mary St, Garden City, KS 67846
    County: Finney
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Hays
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Garden City, KS (#23780)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $67.7 mil
    Equity capital: $8.9 mil
    Deposits held in domestic offices: $56.0 mil
    Return on assets (ROA): 2.37% ($1.6 mil)
    Quarterly return on assets: 2.38% ($1.6 mil)
    Return on Equity (ROE): 18.42% ($1.7 mil)
    Quarterly return on equity: 18.27% ($1.6 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 2.52% ($1,706.6 mil)
    Quarterly Pretax return on assets: 2.53% ($1,713.4 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
  • 20Total employees (full-time equivalent)
  • $67,723Total assets
  • $3,445Cash and due from depository institutions
  • $1,022Interest-bearing balances
  • $3,441Securities
  • $1,075Federal funds sold & reverse repurchase agreements
  • $55,892Net loans & leases
  • $953Loan loss allowance
  • $0Trading account assets
  • $1,729Bank premises and fixed assets
  • $60Other real estate owned
  • $0Goodwill and other intangibles
  • $67,723Life insurance assets
  • $2,081All other assets
  • $58,776Total liabilities and capital
  • $56,020Total liabilities
  • $45,515Total deposits
  • $56,020Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $756Subordinated debt
  • $8,947All other liabilities
  • $8,947Total equity capital
  • $8,947Total bank equity capital
  • $0Perpetual preferred stock
  • $2,262Common stock
  • $2,262Surplus
  • $4,423Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $571Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $129Income earned, not collected on loans
  • $0Earning assets
  • $425Long-term assets (5+ years)
  • $61,430Average Assets, year-to-date
  • $30,618Average Assets, quarterly
  • $64,059Volatile liabilities
  • $67,168Insider loans
  • $59,835FHLB advances
  • $68,685Loans and leases held for sale
  • $1,149Unused loan commitments
  • $1,149Tier 1 (core) risk-based capital
  • $8,837Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,203Restructured Loans and leases
  • $863Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,846Total interest income
  • $530Total interest expense
  • $3,316Net interest income
  • $409Provision for loan and lease losses
  • $749Total noninterest income
  • $0Fiduciary activities
  • $499Service charges on deposit accounts
  • $0Trading account gains & fees
  • $250Additional noninterest income
  • $2,044Total noninterest expense
  • $1,195Salaries and employee benefits
  • $212Premises and equipment expense
  • $637Additional noninterest expense
  • $1,612Pre-tax net operating income
  • $0Securities gains (losses)
  • $91Applicable income taxes
  • $1,521Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,521Net income attributable to bank
  • $0Net charge-offs
  • $1,521Cash dividends
  • $626Sale, conversion, retirement of capital stock, net
  • $732Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.57%Yield on earning assets
  • 0.91%Cost of funding earning assets
  • 5.66%Net interest margin
  • 1.28%Noninterest income to earning assets
  • 3.49%Noninterest expense to earning assets
  • 2.37%Net operating income to assets
  • 2.37%Return on assets (ROA)
  • 2.52%Pretax return on assets
  • 18.42%Return on equity (ROE)
  • 9.56%Retained earnings to average equity (YTD only)
  • 1.14%Net charge-offs to loans
  • 65.34%Credit loss provision to net charge-offs
  • 3.23%Efficiency ratio
  • 50,283Assets per employee
  • 3.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.13%Loss allowance to loans
  • 1.68%Loss allowance to noncurrent loans
  • 738.76%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.23%Net loans and leases to deposits
  • 99.77%Net loans and leases to core deposits
  • 101.78%Equity capital to assets
  • 13.21%Core capital (leverage) ratio
  • 12.87%Tier 1 risk-based capital ratio
  • 14.77%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $64,059Average earning assets
  • $8,256Average equity
  • $58,556Average loans

List of branches

  • 1 Kansas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    079522Garden City State Bank1910 East Mary St, Garden City, KS 67846March 13, 2000Full Service Brick and Mortar

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