Mid America Bank in Linn, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

Mid America Bank - Overview

  • General
  • FDIC Certificate #: 11459
    Status: Active
    Federal Reserve ID: 873259
    Bank Holding Company (Regulatory Top Holder): Friendship Bancshares, Inc. (RSSDID: 1978151, Location: Linn, MO)
    Date Established: April 12, 1914
    WWW: http://www.midambk.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 7319
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending 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: 502 E Main St, Linn, MO 65051
    County: Osage
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Columbia Mo
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Jefferson City, MO (#27620)
    CBSA Metro Statistical Area: Jefferson City, MO (#27620)
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $260.2 mil
    Equity capital: $21.3 mil
    Deposits held in domestic offices: $238.2 mil
    Return on assets (ROA): 1.41% ($3.7 mil)
    Quarterly return on assets: 1.27% ($3.3 mil)
    Return on Equity (ROE): 17.93% ($3.8 mil)
    Quarterly return on equity: 15.77% ($3.3 mil)
    Net income: $3.6 mil
    Quarterly Net income: $0.8 mil
    Pretax return on assets: 1.41% ($3,668.8 mil)
    Quarterly Pretax return on assets: 1.27% ($3,304.5 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
  • 79Total employees (full-time equivalent)
  • $260,198Total assets
  • $19,778Cash and due from depository institutions
  • $14,010Interest-bearing balances
  • $22,582Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $206,075Net loans & leases
  • $2,140Loan loss allowance
  • $0Trading account assets
  • $5,076Bank premises and fixed assets
  • $2,109Other real estate owned
  • $0Goodwill and other intangibles
  • $260,198Life insurance assets
  • $4,578All other assets
  • $238,866Total liabilities and capital
  • $238,173Total liabilities
  • $216,570Total deposits
  • $238,173Interest-bearing deposits
  • $52Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $95Trading liabilities
  • $0Other borrowed funds
  • $598Subordinated debt
  • $21,332All other liabilities
  • $21,332Total equity capital
  • $21,332Total bank equity capital
  • $0Perpetual preferred stock
  • $160Common stock
  • $5,686Surplus
  • $15,486Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $264Income earned, not collected on loans
  • $0Earning assets
  • $1,062Long-term assets (5+ years)
  • $242,667Average Assets, year-to-date
  • $26,232Average Assets, quarterly
  • $255,619Volatile liabilities
  • $260,955Insider loans
  • $198,123FHLB advances
  • $262,765Loans and leases held for sale
  • $1,907Unused loan commitments
  • $1,907Tier 1 (core) risk-based capital
  • $21,032Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,866Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,362Total interest income
  • $1,917Total interest expense
  • $10,445Net interest income
  • $1,400Provision for loan and lease losses
  • $1,046Total noninterest income
  • $0Fiduciary activities
  • $433Service charges on deposit accounts
  • $0Trading account gains & fees
  • $613Additional noninterest income
  • $6,663Total noninterest expense
  • $4,247Salaries and employee benefits
  • $666Premises and equipment expense
  • $1,750Additional noninterest expense
  • $3,428Pre-tax net operating income
  • $169Securities gains (losses)
  • $0Applicable income taxes
  • $3,597Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,597Net income attributable to bank
  • $0Net charge-offs
  • $3,597Cash dividends
  • $662Sale, conversion, retirement of capital stock, net
  • $1,210Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.21%Yield on earning assets
  • 0.81%Cost of funding earning assets
  • 4.40%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 2.81%Noninterest expense to earning assets
  • 1.34%Net operating income to assets
  • 1.41%Return on assets (ROA)
  • 1.41%Pretax return on assets
  • 17.93%Return on equity (ROE)
  • 11.90%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 211.48%Credit loss provision to net charge-offs
  • 7.29%Efficiency ratio
  • 57,985Assets per employee
  • 3.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 33.64%Loss allowance to loans
  • 1.03%Loss allowance to noncurrent loans
  • 810.61%Noncurrent assets plus other real estate owned to assets
  • 0.91%Noncurrent loans to loans
  • 0.13%Net loans and leases to deposits
  • 86.52%Net loans and leases to core deposits
  • 95.02%Equity capital to assets
  • 8.20%Core capital (leverage) ratio
  • 8.00%Tier 1 risk-based capital ratio
  • 10.62%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $255,619Average earning assets
  • $20,064Average equity
  • $237,441Average loans

List of branches

  • 5 Missouri Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07319Mid America Bank502 E Main St, Linn, MO 65051April 12, 1914Full Service Brick and Mortar
    1224657Meta BranchThird And Bertha, Meta, MO 65058April 09, 1984Full Service Brick and Mortar
    2224658Wardsville BranchFriendship Road And Highway B, Wardsville, MO 65101October 28, 1993Full Service Brick and Mortar
    3453924Mid America Bank - Holts Summit Bran580 Karen Street, Holts Summit, MO 65043August 01, 2006Full Service Brick and Mortar
    4480095Belle BranchP.O. Box 727, Belle, MO 65013May 27, 2008Full Service Brick and Mortar

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