The Alden State Bank in Sterling, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Alden State Bank - Overview

  • General
  • FDIC Certificate #: 17652
    Status: Active
    Federal Reserve ID: 359650
    Bank Holding Company (Regulatory Top Holder): Alden Bancshares, Inc. (RSSDID: 1063749, Location: Sterling, KS)
    Date Established: January 01, 1904
    WWW: http://www.aldenst8.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 #: 11617
    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: August 30, 1956
    Last Structure Change Effective Date: March 01, 2012
    Last Structure Change Process Date: March 01, 2012
    Last Data Update: March 01, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 124 North Broadway Avenue, Sterling, KS 67579
    County: Rice
    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
  • Financial Summary
  • Total assets: $19.7 mil
    Equity capital: $2.1 mil
    Deposits held in domestic offices: $17.5 mil
    Return on assets (ROA): 0.34% ($0.1 mil)
    Quarterly return on assets: 0.08% ($0.0 mil)
    Return on Equity (ROE): 3.20% ($0.1 mil)
    Quarterly return on equity: 0.75% ($0.0 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.41% ($80.7 mil)
    Quarterly Pretax return on assets: 0.10% ($19.7 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
  • 6Total employees (full-time equivalent)
  • $19,672Total assets
  • $2,432Cash and due from depository institutions
  • $715Interest-bearing balances
  • $3,383Securities
  • $4,500Federal funds sold & reverse repurchase agreements
  • $8,879Net loans & leases
  • $183Loan loss allowance
  • $0Trading account assets
  • $224Bank premises and fixed assets
  • $90Other real estate owned
  • $0Goodwill and other intangibles
  • $19,672Life insurance assets
  • $164All other assets
  • $17,548Total liabilities and capital
  • $17,463Total liabilities
  • $14,350Total deposits
  • $17,463Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $85Subordinated debt
  • $2,124All other liabilities
  • $2,124Total equity capital
  • $2,124Total bank equity capital
  • $5Perpetual preferred stock
  • $50Common stock
  • $413Surplus
  • $1,656Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $88Long-term assets (5+ years)
  • $17,477Average Assets, year-to-date
  • $4,573Average Assets, quarterly
  • $19,382Volatile liabilities
  • $19,359Insider loans
  • $10,026FHLB advances
  • $19,774Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,061Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $616Restructured Loans and leases
  • $379Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $791Total interest income
  • $145Total interest expense
  • $646Net interest income
  • $0Provision for loan and lease losses
  • $74Total noninterest income
  • $0Fiduciary activities
  • $49Service charges on deposit accounts
  • $0Trading account gains & fees
  • $25Additional noninterest income
  • $675Total noninterest expense
  • $379Salaries and employee benefits
  • $49Premises and equipment expense
  • $247Additional noninterest expense
  • $45Pre-tax net operating income
  • $34Securities gains (losses)
  • $13Applicable income taxes
  • $66Income before extraordinary items
  • $0Extraordinary gains - net
  • $66Net income attributable to bank
  • $0Net charge-offs
  • $66Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $5Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.63%Yield on earning assets
  • 0.85%Cost of funding earning assets
  • 3.78%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 3.95%Noninterest expense to earning assets
  • 0.19%Net operating income to assets
  • 0.34%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 3.20%Return on equity (ROE)
  • 2.95%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 93,750Assets per employee
  • 3.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 7.58%Loss allowance to loans
  • 2.02%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 50.84%Net loans and leases to core deposits
  • 54.12%Equity capital to assets
  • 10.80%Core capital (leverage) ratio
  • 10.42%Tier 1 risk-based capital ratio
  • 20.56%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $19,382Average earning assets
  • $2,066Average equity
  • $17,071Average loans

List of branches

  • 1 Kansas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011617The Alden State Bank124 North Broadway Avenue, Sterling, KS 67579January 01, 1904Full Service Brick and Mortar

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Alden State 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