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
    WWW: http://www.gardencitystatebank.com
    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

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Garden City State Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents