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
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