Midwest Community Bank in Plainville, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

Midwest Community Bank - Overview

  • General
  • FDIC Certificate #: 10925
    Status: Active
    Federal Reserve ID: 528858
    Bank Holding Company (Regulatory Top Holder): Palco Bankshares, Inc. (RSSDID: 4236179, Location: Palco, KS)
    Date Established: July 28, 1928
    WWW: http://www.mwcb.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 6997
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural 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: 201 South Main Street, Plainville, KS 67663
    County: Rooks
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Hays
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $68.0 mil
    Equity capital: $8.0 mil
    Deposits held in domestic offices: $51.6 mil
    Return on assets (ROA): 1.44% ($1.0 mil)
    Quarterly return on assets: 0.45% ($0.3 mil)
    Return on Equity (ROE): 17.86% ($1.4 mil)
    Quarterly return on equity: 3.95% ($0.3 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 2.25% ($1,529.9 mil)
    Quarterly Pretax return on assets: 1.64% ($1,115.1 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
  • 18Total employees (full-time equivalent)
  • $67,995Total assets
  • $2,912Cash and due from depository institutions
  • $1,398Interest-bearing balances
  • $29,957Securities
  • $35Federal funds sold & reverse repurchase agreements
  • $31,616Net loans & leases
  • $239Loan loss allowance
  • $0Trading account assets
  • $521Bank premises and fixed assets
  • $736Other real estate owned
  • $422Goodwill and other intangibles
  • $67,995Life insurance assets
  • $1,796All other assets
  • $59,994Total liabilities and capital
  • $51,574Total liabilities
  • $39,759Total deposits
  • $51,574Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,924Trading liabilities
  • $0Other borrowed funds
  • $496Subordinated debt
  • $8,001All other liabilities
  • $8,001Total equity capital
  • $8,001Total bank equity capital
  • $0Perpetual preferred stock
  • $430Common stock
  • $6,472Surplus
  • $1,099Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,300Income earned, not collected on loans
  • $0Earning assets
  • $501Long-term assets (5+ years)
  • $63,006Average Assets, year-to-date
  • $31,890Average Assets, quarterly
  • $73,584Volatile liabilities
  • $70,657Insider loans
  • $33,048FHLB advances
  • $68,526Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,542Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $844Restructured Loans and leases
  • $618Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,401Total interest income
  • $442Total interest expense
  • $959Net interest income
  • $250Provision for loan and lease losses
  • $1,961Total noninterest income
  • $0Fiduciary activities
  • $28Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,933Additional noninterest income
  • $1,209Total noninterest expense
  • $493Salaries and employee benefits
  • $92Premises and equipment expense
  • $624Additional noninterest expense
  • $1,461Pre-tax net operating income
  • $197Securities gains (losses)
  • $596Applicable income taxes
  • $1,062Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,062Net income attributable to bank
  • $0Net charge-offs
  • $1,062Cash dividends
  • $11Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.07%Yield on earning assets
  • 0.65%Cost of funding earning assets
  • 1.42%Net interest margin
  • 2.90%Noninterest income to earning assets
  • 1.79%Noninterest expense to earning assets
  • 1.27%Net operating income to assets
  • 1.44%Return on assets (ROA)
  • 2.25%Pretax return on assets
  • 17.86%Return on equity (ROE)
  • 17.86%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 2272.73%Credit loss provision to net charge-offs
  • 155.55%Efficiency ratio
  • 41,404Assets per employee
  • 3.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.75%Loss allowance to noncurrent loans
  • 18.38%Noncurrent assets plus other real estate owned to assets
  • 2.99%Noncurrent loans to loans
  • 4.08%Net loans and leases to deposits
  • 61.30%Net loans and leases to core deposits
  • 63.34%Equity capital to assets
  • 11.77%Core capital (leverage) ratio
  • 11.01%Tier 1 risk-based capital ratio
  • 22.82%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $73,584Average earning assets
  • $5,947Average equity
  • $67,582Average loans

List of branches

  • 2 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06997Midwest Community Bank201 South Main Street, Plainville, KS 67663July 28, 1928Full Service Brick and Mortar
    3432582Midwest Community Bank - Palco Branc402 Main Street, Palco, KS 67657October 09, 2004Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Midwest Community Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents