Grant County Bank in Ulysses, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches


Grant County Bank - Overview

  • General
  • FDIC Certificate #: 10918
    Status: Active
    Federal Reserve ID: 207452
    Bank Holding Company (Regulatory Top Holder): Grant County Bank Employee Stock Ownership Plan (RSSDID: 3636316, Location: Ulysses, KS)
    Date Established: January 01, 1906
    WWW: http://www.gc4bank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 12759
    FDIC's unique #: 6991
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    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: 201 South Main Street, Ulysses, KS 67880
    County: Grant
    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
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $201.7 mil
    Equity capital: $21.7 mil
    Deposits held in domestic offices: $157.7 mil
    Return on assets (ROA): 1.89% ($3.8 mil)
    Quarterly return on assets: 1.97% ($4.0 mil)
    Return on Equity (ROE): 17.41% ($3.8 mil)
    Quarterly return on equity: 17.58% ($3.9 mil)
    Net income: $3.6 mil
    Quarterly Net income: $1.0 mil
    Pretax return on assets: 1.98% ($3,993.7 mil)
    Quarterly Pretax return on assets: 2.06% ($4,155.1 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, 2011)

  • Dollar figures in thousands
  • 52Total employees (full-time equivalent)
  • $201,703Total assets
  • $17,024Cash and due from depository institutions
  • $12,454Interest-bearing balances
  • $67,575Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $107,588Net loans & leases
  • $3,410Loan loss allowance
  • $0Trading account assets
  • $4,461Bank premises and fixed assets
  • $988Other real estate owned
  • $0Goodwill and other intangibles
  • $201,703Life insurance assets
  • $4,067All other assets
  • $180,052Total liabilities and capital
  • $157,733Total liabilities
  • $138,362Total deposits
  • $157,733Interest-bearing deposits
  • $68Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $21,453Trading liabilities
  • $0Other borrowed funds
  • $866Subordinated debt
  • $21,651All other liabilities
  • $21,651Total equity capital
  • $21,651Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $1,400Surplus
  • $19,251Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,744Income earned, not collected on loans
  • $0Earning assets
  • $2,024Long-term assets (5+ years)
  • $187,617Average Assets, year-to-date
  • $93,832Average Assets, quarterly
  • $188,387Volatile liabilities
  • $193,001Insider loans
  • $119,868FHLB advances
  • $189,030Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $19,891Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $20,194Restructured Loans and leases
  • $3,659Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,192Total interest income
  • $1,843Total interest expense
  • $7,349Net interest income
  • $242Provision for loan and lease losses
  • $1,548Total noninterest income
  • $419Fiduciary activities
  • $499Service charges on deposit accounts
  • $0Trading account gains & fees
  • $630Additional noninterest income
  • $5,419Total noninterest expense
  • $3,259Salaries and employee benefits
  • $506Premises and equipment expense
  • $1,654Additional noninterest expense
  • $3,236Pre-tax net operating income
  • $488Securities gains (losses)
  • $155Applicable income taxes
  • $3,569Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,569Net income attributable to bank
  • $0Net charge-offs
  • $3,569Cash dividends
  • $122Sale, conversion, retirement of capital stock, net
  • $1,330Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.24%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 4.19%Net interest margin
  • 0.88%Noninterest income to earning assets
  • 3.09%Noninterest expense to earning assets
  • 1.65%Net operating income to assets
  • 1.89%Return on assets (ROA)
  • 1.98%Pretax return on assets
  • 17.41%Return on equity (ROE)
  • 10.92%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 198.36%Credit loss provision to net charge-offs
  • 28.51%Efficiency ratio
  • 60,908Assets per employee
  • 3.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.27%Loss allowance to loans
  • 3.07%Loss allowance to noncurrent loans
  • 91.08%Noncurrent assets plus other real estate owned to assets
  • 2.35%Noncurrent loans to loans
  • 3.37%Net loans and leases to deposits
  • 68.21%Net loans and leases to core deposits
  • 78.92%Equity capital to assets
  • 10.73%Core capital (leverage) ratio
  • 10.52%Tier 1 risk-based capital ratio
  • 16.59%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $188,387Average earning assets
  • $20,502Average equity
  • $175,377Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $42,686Managed Assets
  • 1Number of Accounts
  • $34,398Personal trust and agency accounts
  • $34,398Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 112Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $8,288Other retirement accounts
  • $3,629Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $4,404Fiduciary accounts held in foreign offices

List of branches

  • 1 Kansas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06991Grant County Bank201 South Main Street, Ulysses, KS 67880January 01, 1906Full Service Brick and Mortar

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