The Bank of Protection in Protection, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Bank of Protection - Overview

  • General
  • FDIC Certificate #: 23099
    Status: Active
    Federal Reserve ID: 531157
    Bank Holding Company (Regulatory Top Holder): Protection Bank Holding Company, Inc., The (RSSDID: 1062939, Location: Protection, KS)
    Date Established: April 02, 1980
    WWW: http://www.bankofprotection.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 16182
    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: April 02, 1980
    Last Structure Change Effective Date: October 09, 2010
    Last Structure Change Process Date: December 07, 2010
    Last Data Update: December 07, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 236 North Broadway, Protection, KS 67127
    County: Comanche
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Wichita
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $59.8 mil
    Equity capital: $6.1 mil
    Deposits held in domestic offices: $53.0 mil
    Return on assets (ROA): 1.19% ($0.7 mil)
    Quarterly return on assets: 0.91% ($0.5 mil)
    Return on Equity (ROE): 11.68% ($0.7 mil)
    Quarterly return on equity: 8.68% ($0.5 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.35% ($806.8 mil)
    Quarterly Pretax return on assets: 0.92% ($549.8 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
  • 15Total employees (full-time equivalent)
  • $59,762Total assets
  • $4,279Cash and due from depository institutions
  • $1,590Interest-bearing balances
  • $26,925Securities
  • $826Federal funds sold & reverse repurchase agreements
  • $24,890Net loans & leases
  • $305Loan loss allowance
  • $0Trading account assets
  • $424Bank premises and fixed assets
  • $17Other real estate owned
  • $238Goodwill and other intangibles
  • $59,762Life insurance assets
  • $2,163All other assets
  • $53,623Total liabilities and capital
  • $53,031Total liabilities
  • $42,894Total deposits
  • $53,031Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $592Subordinated debt
  • $6,139All other liabilities
  • $6,139Total equity capital
  • $6,139Total bank equity capital
  • $0Perpetual preferred stock
  • $360Common stock
  • $3,057Surplus
  • $2,722Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2Income earned, not collected on loans
  • $0Earning assets
  • $575Long-term assets (5+ years)
  • $54,231Average Assets, year-to-date
  • $22,624Average Assets, quarterly
  • $56,032Volatile liabilities
  • $58,737Insider loans
  • $30,464FHLB advances
  • $58,511Loans and leases held for sale
  • $1,300Unused loan commitments
  • $1,300Tier 1 (core) risk-based capital
  • $5,244Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,623Restructured Loans and leases
  • $1,248Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,387Total interest income
  • $432Total interest expense
  • $1,955Net interest income
  • $50Provision for loan and lease losses
  • $96Total noninterest income
  • $0Fiduciary activities
  • $71Service charges on deposit accounts
  • $0Trading account gains & fees
  • $25Additional noninterest income
  • $1,363Total noninterest expense
  • $780Salaries and employee benefits
  • $210Premises and equipment expense
  • $373Additional noninterest expense
  • $638Pre-tax net operating income
  • $120Securities gains (losses)
  • $91Applicable income taxes
  • $667Income before extraordinary items
  • $0Extraordinary gains - net
  • $667Net income attributable to bank
  • $0Net charge-offs
  • $667Cash dividends
  • $61Sale, conversion, retirement of capital stock, net
  • $325Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.65%Yield on earning assets
  • 0.84%Cost of funding earning assets
  • 3.81%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 2.65%Noninterest expense to earning assets
  • 1.00%Net operating income to assets
  • 1.19%Return on assets (ROA)
  • 1.35%Pretax return on assets
  • 11.68%Return on equity (ROE)
  • 5.99%Retained earnings to average equity (YTD only)
  • 0.24%Net charge-offs to loans
  • 81.97%Credit loss provision to net charge-offs
  • 11.28%Efficiency ratio
  • 66,455Assets per employee
  • 3.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.73%Loss allowance to loans
  • 1.21%Loss allowance to noncurrent loans
  • 15250.00%Noncurrent assets plus other real estate owned to assets
  • 0.03%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 46.93%Net loans and leases to core deposits
  • 53.47%Equity capital to assets
  • 10.27%Core capital (leverage) ratio
  • 8.96%Tier 1 risk-based capital ratio
  • 17.21%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $56,032Average earning assets
  • $5,711Average equity
  • $51,379Average loans

List of branches

  • 3 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016182The Bank Of Protection236 North Broadway, Protection, KS 67127April 02, 1980Full Service Brick and Mortar
    111613722 Main Street Branch722 Main Street, Ashland, KS 67831January 01, 1906Full Service Brick and Mortar
    33083Coldwater Branch145 East Main Street, Coldwater, KS 67029January 01, 1886Full Service Brick and Mortar

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