Lone Summit Bank in Lake Lotawana, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches


Lone Summit Bank - Overview

  • General
  • FDIC Certificate #: 57842
    Status: Active
    Federal Reserve ID: 3269844
    Bank Holding Company (Regulatory Top Holder): Lone Summit Bancorp, Inc. (RSSDID: 3291331, Location: Lake Lotawana, MO)
    Date Established: December 01, 2004
    WWW: http://www.lonesummit.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 #: 428037
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 01, 2004
    Last Structure Change Effective Date: August 12, 2010
    Last Structure Change Process Date: August 12, 2010
    Last Data Update: August 12, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 12418 South Highway 7, Lake Lotawana, MO 64086
    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 Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $25.5 mil
    Equity capital: $0.9 mil
    Deposits held in domestic offices: $24.4 mil
    Return on assets (ROA): -4.79% (-$1.2 mil)
    Quarterly return on assets: -9.09% (-$2.4 mil)
    Return on Equity (ROE): -79.80% (-$0.8 mil)
    Quarterly return on equity: -194.19% (-$1.9 mil)
    Net income: -$1.4 mil
    Quarterly Net income: -$0.6 mil
    Pretax return on assets: -4.78% (-$1,219.0 mil)
    Quarterly Pretax return on assets: -9.09% (-$2,318.1 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
  • 5Total employees (full-time equivalent)
  • $25,502Total assets
  • $888Cash and due from depository institutions
  • $425Interest-bearing balances
  • $4,348Securities
  • $792Federal funds sold & reverse repurchase agreements
  • $15,918Net loans & leases
  • $720Loan loss allowance
  • $0Trading account assets
  • $1,412Bank premises and fixed assets
  • $1,652Other real estate owned
  • $0Goodwill and other intangibles
  • $25,502Life insurance assets
  • $492All other assets
  • $24,554Total liabilities and capital
  • $24,437Total liabilities
  • $22,532Total deposits
  • $24,437Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $117Subordinated debt
  • $948All other liabilities
  • $948Total equity capital
  • $948Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $3,300Surplus
  • $-3,352Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,461Income earned, not collected on loans
  • $0Earning assets
  • $75Long-term assets (5+ years)
  • $21,483Average Assets, year-to-date
  • $294Average Assets, quarterly
  • $29,197Volatile liabilities
  • $26,851Insider loans
  • $18,108FHLB advances
  • $27,366Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $680Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,460Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,183Total interest income
  • $432Total interest expense
  • $751Net interest income
  • $1,271Provision for loan and lease losses
  • $110Total noninterest income
  • $0Fiduciary activities
  • $10Service charges on deposit accounts
  • $0Trading account gains & fees
  • $100Additional noninterest income
  • $1,053Total noninterest expense
  • $401Salaries and employee benefits
  • $123Premises and equipment expense
  • $529Additional noninterest expense
  • -$1,463Pre-tax net operating income
  • $68Securities gains (losses)
  • $5Applicable income taxes
  • -$1,400Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,400Net income attributable to bank
  • $0Net charge-offs
  • -$1,400Cash dividends
  • $1,311Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.63%Yield on earning assets
  • 1.69%Cost of funding earning assets
  • 2.94%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 4.12%Noninterest expense to earning assets
  • -5.03%Net operating income to assets
  • -4.79%Return on assets (ROA)
  • -4.78%Pretax return on assets
  • -79.80%Return on equity (ROE)
  • -79.80%Retained earnings to average equity (YTD only)
  • 6.50%Net charge-offs to loans
  • 96.95%Credit loss provision to net charge-offs
  • -0.15%Efficiency ratio
  • 122,300Assets per employee
  • 5.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.33%Loss allowance to noncurrent loans
  • 49.28%Noncurrent assets plus other real estate owned to assets
  • 12.21%Noncurrent loans to loans
  • 8.78%Net loans and leases to deposits
  • 65.14%Net loans and leases to core deposits
  • 67.22%Equity capital to assets
  • 3.72%Core capital (leverage) ratio
  • 2.48%Tier 1 risk-based capital ratio
  • 3.76%Total risk-based capital ratio
  • Memoranda
  • $5Average assets
  • $29,197Average earning assets
  • $1,754Average equity
  • $25,536Average loans

List of branches

  • 1 Missouri Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0428037Lone Summit Bank12418 South Highway 7, Lake Lotawana, MO 64086December 01, 2004Full Service Brick and Mortar

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