Kennett National Bank in Kennett, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

Kennett National Bank - Overview

  • General
  • FDIC Certificate #: 18879
    Status: Active
    Federal Reserve ID: 795959
    Bank Holding Company (Regulatory Top Holder): Kennett Bancshares, Inc. (RSSDID: 1136308, Location: Kennett, MO)
    Date Established: September 07, 1963
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 12731
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: September 07, 1963
    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: 805 First Street, Kennett, MO 63857
    County: Dunklin
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: St. Louis
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Kennett, MO (#28380)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $118.3 mil
    Equity capital: $11.9 mil
    Deposits held in domestic offices: $101.8 mil
    Return on assets (ROA): 1.60% ($1.9 mil)
    Quarterly return on assets: 0.81% ($1.0 mil)
    Return on Equity (ROE): 15.00% ($1.8 mil)
    Quarterly return on equity: 7.50% ($0.9 mil)
    Net income: $1.7 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 2.35% ($2,780.9 mil)
    Quarterly Pretax return on assets: 1.01% ($1,195.2 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
  • 36Total employees (full-time equivalent)
  • $118,336Total assets
  • $5,338Cash and due from depository institutions
  • $167Interest-bearing balances
  • $10,145Securities
  • $22,028Federal funds sold & reverse repurchase agreements
  • $65,085Net loans & leases
  • $884Loan loss allowance
  • $7,759Trading account assets
  • $2,663Bank premises and fixed assets
  • $284Other real estate owned
  • $0Goodwill and other intangibles
  • $118,336Life insurance assets
  • $5,034All other assets
  • $106,411Total liabilities and capital
  • $101,841Total liabilities
  • $60,339Total deposits
  • $101,841Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,100Trading liabilities
  • $0Other borrowed funds
  • $470Subordinated debt
  • $11,925All other liabilities
  • $11,925Total equity capital
  • $11,925Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $200Surplus
  • $11,525Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $536Income earned, not collected on loans
  • $0Earning assets
  • $678Long-term assets (5+ years)
  • $105,184Average Assets, year-to-date
  • $31,953Average Assets, quarterly
  • $104,404Volatile liabilities
  • $110,662Insider loans
  • $79,718FHLB advances
  • $104,968Loans and leases held for sale
  • $3,154Unused loan commitments
  • $2,577Tier 1 (core) risk-based capital
  • $11,655Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $577Total unused commitments
  • $14,434Restructured Loans and leases
  • $1,773Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,559Total interest income
  • $840Total interest expense
  • $4,719Net interest income
  • -$602Provision for loan and lease losses
  • $1,263Total noninterest income
  • $0Fiduciary activities
  • $763Service charges on deposit accounts
  • $155Trading account gains & fees
  • $345Additional noninterest income
  • $4,171Total noninterest expense
  • $2,214Salaries and employee benefits
  • $664Premises and equipment expense
  • $1,293Additional noninterest expense
  • $2,413Pre-tax net operating income
  • $38Securities gains (losses)
  • $783Applicable income taxes
  • $1,668Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,668Net income attributable to bank
  • $0Net charge-offs
  • $1,668Cash dividends
  • -$754Sale, conversion, retirement of capital stock, net
  • $355Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.08%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 5.16%Net interest margin
  • 1.38%Noninterest income to earning assets
  • 4.56%Noninterest expense to earning assets
  • 1.57%Net operating income to assets
  • 1.60%Return on assets (ROA)
  • 2.35%Pretax return on assets
  • 15.00%Return on equity (ROE)
  • 11.81%Retained earnings to average equity (YTD only)
  • -1.09%Net charge-offs to loans
  • 79.84%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 69,726Assets per employee
  • 3.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 21.28%Loss allowance to loans
  • 1.34%Loss allowance to noncurrent loans
  • 164.93%Noncurrent assets plus other real estate owned to assets
  • 0.69%Noncurrent loans to loans
  • 0.81%Net loans and leases to deposits
  • 63.91%Net loans and leases to core deposits
  • 73.05%Equity capital to assets
  • 10.08%Core capital (leverage) ratio
  • 11.10%Tier 1 risk-based capital ratio
  • 14.62%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $104,404Average earning assets
  • $11,120Average equity
  • $91,476Average loans

List of branches

  • 1 Missouri Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012731Kennett National Bank805 First Street, Kennett, MO 63857September 07, 1963Full Service Brick and Mortar

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