H&R Block Bank in Kansas City, Missouri (MO)



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H&R Block Bank
GeneralFDIC Certificate #: 58124
Status: Active
Federal Reserve ID: 3352399
Date Established: May 01, 2006
WWW: http://www.hrblockbank.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 1 (Domestic: 1, Interstate: No)
OTS Docket #: 18001
FDIC's unique #: 440157
Numeric code: 33
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Consumer Lending Specialization
Date of Deposit Insurance: May 01, 2006
Last Structure Change Effective Date: July 21, 2011
Last Structure Change Process Date: July 21, 2011
Last Data Update: July 21, 2011
Data Source Date: April 05, 2012
LocationAddress: One H & R Block Way, Kansas City, MO 64105
County: Jackson
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Kansas City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760)
Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312)
Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140)
CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
History of ChangesChange in Primary Regulatory Agency
Financial SummaryTotal assets: $1,565.7 mil
Equity capital: $402.5 mil
Deposits held in domestic offices: $1,096.5 mil
Return on assets (ROA): 0.90% ($14.1 mil)
Quarterly return on assets: -0.95% (-$14.9 mil)
Return on Equity (ROE): 3.28% ($13.2 mil)
Quarterly return on equity: -3.17% (-$12.7 mil)
Net income: $13.3 mil
Quarterly Net income: -$3.2 mil
Pretax return on assets: 1.55% ($24,269.1 mil)
Quarterly Pretax return on assets: -1.57% (-$24,582.2 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)
Total employees (full-time equivalent)63
Total assets$1,565,747
Cash and due from depository institutions$334,574
Interest-bearing balances$333,079
Securities$312,427
Federal funds sold & reverse repurchase agreements$1,087
Net loans & leases$841,312
Loan loss allowance $26,156
Trading account assets$0
Bank premises and fixed assets$1
Other real estate owned$5,165
Goodwill and other intangibles$0
All other assets$71,181
Life insurance assets$1,565,747
Total liabilities and capital$1,163,249
Total liabilities$1,096,510
Total deposits$1,051,400
Interest-bearing deposits$1,096,510
Deposits held in domestic offices$99
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$25,000
Other borrowed funds $0
Subordinated debt $41,739
All other liabilities $402,498
Total equity capital$402,498
Total bank equity capital$402,498
Perpetual preferred stock$0
Common stock$1
Surplus$399,186
Undivided profits $3,311
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $99,377
Earning assets $0
Long-term assets (5+ years) $6,660
Average Assets, year-to-date $1,487,905
Average Assets, quarterly $0
Volatile liabilities $1,480,922
Insider loans $1,351,238
FHLB advances $842,583
Loans and leases held for sale $1,563,687
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $400,438
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $5,007
Derivatives$0
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $109,681
Total interest expense $8,347
Net interest income $101,334
Provision for loan and lease losses $31,121
Total noninterest income $27,925
Fiduciary activities $0
Service charges on deposit accounts $107
Trading account gains & fees $0
Additional noninterest income $27,818
Total noninterest expense $75,201
Salaries and employee benefits $7,507
Premises and equipment expense $45,121
Additional noninterest expense $22,573
Pre-tax net operating income $22,937
Securities gains (losses) $0
Applicable income taxes $9,639
Income before extraordinary items $13,298
Extraordinary gains - net $0
Net income attributable to bank $13,298
Net charge-offs $0
Cash dividends $13,298
Sale, conversion, retirement of capital stock, net $39,084
Net operating income $225,000
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets7.79%
Cost of funding earning assets 0.59%
Net interest margin 7.20%
Noninterest income to earning assets 1.98%
Noninterest expense to earning assets 5.34%
Net operating income to assets 0.90%
Return on assets (ROA) 0.90%
Pretax return on assets 1.55%
Return on equity (ROE) 3.28%
Retained earnings to average equity (YTD only) -52.25%
Net charge-offs to loans 5.34%
Credit loss provision to net charge-offs 79.63%
Efficiency ratio1.38%
Assets per employee$58,179
Cash dividends to net income (YTD only)24.85%
Condition Ratios (%)
Loss allowance to loans 1691.98%
Loss allowance to noncurrent loans 3.02%
Noncurrent assets plus other real estate owned to assets 26.32%
Noncurrent loans to loans 6.68%
Net loans and leases to deposits11.46%
Net loans and leases to core deposits 76.73%
Equity capital to assets 155.98%
Core capital (leverage) ratio 25.71%
Tier 1 risk-based capital ratio 25.61%
Total risk-based capital ratio 47.53%
Memoranda
Average assets$49
Average earning assets$1,480,922
Average equity $405,177
Average loans $1,408,242
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1 Missouri Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0440157H&R Block BankOne H & R Block Way, Kansas City, MO 64105May 01, 2006Full Service Brick and Mortar
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