Manhattan National Bank in Manhattan, Kansas (KS)



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Manhattan National Bank
GeneralFDIC Certificate #: 29793
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Landmark National Bank (#5826)
Federal Reserve ID: 481177
Date Established: January 01, 1910
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Interstate: No)
OTS Docket #: 4098
FDIC's unique #: 42627
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
SAIF Insured: Yes
State Chartered: No
Date of Deposit Insurance: May 25, 1938
Last Structure Change Effective Date: December 31, 1995
Last Structure Change Process Date: Febuary 07, 1996
Last Data Update: April 11, 1998
Data Source Date: April 05, 2012
LocationAddress: 800 Poyntz Avenue, Manhattan, KS 66502
County: Riley
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: Western
Core Based Statistical Area (CBSA): Manhattan, KS (#31740)
CBSA Metro Statistical Area: Manhattan, KS (#31740)
Financial SummaryTotal assets: $78.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)
(Dollar figures in thousands)
Total employees (full-time equivalent)0
Total assets$29
Cash and due from depository institutions$78,339
Interest-bearing balances$2,210
Securities$1,803
Federal funds sold & reverse repurchase agreements$22,357
Net loans & leases$0
Loan loss allowance $51,887
Trading account assets$565
Bank premises and fixed assets$0
Other real estate owned$955
Goodwill and other intangibles$54
All other assets$0
Life insurance assets$876
Total liabilities and capital$0
Total liabilities$78,339
Total deposits$71,226
Interest-bearing deposits$64,663
Deposits held in domestic offices$63,542
% insured (estimated)64663.00%
Federal funds purchased & repurchase agreements $94
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $6,300
All other liabilities $0
Total equity capital$263
Total bank equity capital$263
Perpetual preferred stock$7,113
Common stock$0
Surplus$400
Undivided profits $1,600
Memoranda
Noncurrent loans and leases $5,113
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $441
Earning assets $429
Long-term assets (5+ years) $76,047
Average Assets, year-to-date $23,190
Average Assets, quarterly $79,207
Volatile liabilities $78,851
Insider loans $7,516
FHLB advances $1,272
Loans and leases held for sale $0
Unused loan commitments $0
Tier 1 (core) risk-based capital $4,581
Tier 2 risk-based capital $0
Total risk weighted assets $7,295
Total unused commitments $43,246
Restructured Loans and leases $0
Derivatives$0
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Income and Expense (December 31, 1994)
(Dollar figures in thousands)
Total interest income $0
Total interest expense $5,402
Net interest income $2,838
Provision for loan and lease losses $2,564
Total noninterest income $5
Fiduciary activities $328
Service charges on deposit accounts $0
Trading account gains & fees $164
Additional noninterest income $0
Total noninterest expense $164
Salaries and employee benefits $1,787
Premises and equipment expense $804
Additional noninterest expense $243
Pre-tax net operating income $740
Securities gains (losses) $1,100
Applicable income taxes $0
Income before extraordinary items $413
Extraordinary gains - net $687
Net income attributable to bank -$39
Net charge-offs $648
Cash dividends $30
Sale, conversion, retirement of capital stock, net $317
Net operating income $0
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Performance and Condition Ratios (December 31, 1994)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets0.00%
Cost of funding earning assets 7.02%
Net interest margin 3.69%
Noninterest income to earning assets 3.33%
Noninterest expense to earning assets 0.43%
Net operating income to assets 2.32%
Return on assets (ROA) 0.87%
Pretax return on assets 0.82%
Return on equity (ROE) 1.34%
Retained earnings to average equity (YTD only) 9.23%
Net charge-offs to loans 4.72%
Credit loss provision to net charge-offs 0.06%
Efficiency ratio16.67%
Assets per employee$61,791
Cash dividends to net income (YTD only)2.70%
Condition Ratios (%)
Loss allowance to loans 48.92%
Loss allowance to noncurrent loans 1.08%
Noncurrent assets plus other real estate owned to assets 128.12%
Noncurrent loans to loans 0.63%
Net loans and leases to deposits0.84%
Net loans and leases to core deposits 80.24%
Equity capital to assets 84.17%
Core capital (leverage) ratio 9.08%
Tier 1 risk-based capital ratio 9.39%
Total risk-based capital ratio 16.87%
Memoranda
Average assets$18
Average earning assets$79,207
Average equity $7,019
Average loans $76,906
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