Midland Bank in Lee's Summit, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 02, 1999

  • Midland Bank in Lee's Summit, Missouri (MO)
  • Show street view No street view available for this location

Midland Bank - Overview

  • General
  • FDIC Certificate #: 19757
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Commercial Federal Bank, a Federal Savings Bank (#30341)
    Federal Reserve ID: 768850
    Date Established: May 16, 1966
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    OTS Docket #: 14020
    FDIC's unique #: 13551
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 12, 1967
    Last Structure Change Effective Date: March 02, 1999
    Last Structure Change Process Date: March 23, 1999
    Last Data Update: March 23, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 740 North Blue Parkway, Lee's Summit, MO 64063
    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)
  • Financial Summary
  • Total assets: $412.2 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 96Total employees (full-time equivalent)
  • $412,205Total assets
  • $10,928Cash and due from depository institutions
  • $5,000Interest-bearing balances
  • $61,809Securities
  • $15,160Federal funds sold & reverse repurchase agreements
  • $304,247Net loans & leases
  • $3,626Loan loss allowance
  • $0Trading account assets
  • $12,146Bank premises and fixed assets
  • $4,779Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,136All other assets
  • $412,205Total liabilities and capital
  • $378,875Total liabilities
  • $358,720Total deposits
  • $331,880Interest-bearing deposits
  • $358,720Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $7,098Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $11,200Other borrowed funds
  • $0Subordinated debt
  • $1,857All other liabilities
  • $33,330Total equity capital
  • $33,330Total bank equity capital
  • $33,330Perpetual preferred stock
  • $6,250Common stock
  • $986Surplus
  • $12,417Undivided profits
  • Memoranda
  • $13,677Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $1,388Average Assets, year-to-date
  • $386,216Average Assets, quarterly
  • $97,494Volatile liabilities
  • $396,621Insider loans
  • $410,154FHLB advances
  • $25,005Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $29,706Total unused commitments
  • $0Restructured Loans and leases
  • $337,343Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $31,730Total interest income
  • $17,806Total interest expense
  • $13,924Net interest income
  • -$108Provision for loan and lease losses
  • $1,900Total noninterest income
  • $0Fiduciary activities
  • $652Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,248Additional noninterest income
  • $8,059Total noninterest expense
  • $4,517Salaries and employee benefits
  • $1,169Premises and equipment expense
  • $2,373Additional noninterest expense
  • $7,873Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,242Applicable income taxes
  • $5,631Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,631Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$52Sale, conversion, retirement of capital stock, net
  • $1,962Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.57%Yield on earning assets
  • 4.81%Cost of funding earning assets
  • 3.76%Net interest margin
  • 0.51%Noninterest income to earning assets
  • 2.18%Noninterest expense to earning assets
  • 1.42%Net operating income to assets
  • 1.42%Return on assets (ROA)
  • 1.99%Pretax return on assets
  • 18.02%Return on equity (ROE)
  • 11.74%Retained earnings to average equity (YTD only)
  • -0.02%Net charge-offs to loans
  • 207.69%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 50,929Assets per employee
  • 4.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 34.84%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 1.16%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 84.81%Net loans and leases to core deposits
  • 89.27%Equity capital to assets
  • 8.09%Core capital (leverage) ratio
  • 8.09%Tier 1 risk-based capital ratio
  • 9.77%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $396,621Average earning assets
  • $31,255Average equity
  • $370,408Average loans

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