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

  • The Bank of Tescott in Tescott, Kansas (KS)
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The Bank of Tescott - Overview

  • General
  • FDIC Certificate #: 1868
    Status: Active
    Federal Reserve ID: 54058
    Bank Holding Company (Regulatory Top Holder): Tescott Bancshares, Inc. (RSSDID: 1841004, Location: Tescott, KS)
    Date Established: January 01, 1887
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 14521
    FDIC's unique #: 1244
    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: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 27, 2010
    Last Structure Change Process Date: May 27, 2010
    Last Data Update: May 27, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 104 S Main St, Tescott, KS 67484
    County: Ottawa
    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
    Core Based Statistical Area (CBSA): Salina, KS (#41460)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $296.0 mil
    Equity capital: $32.1 mil
    Deposits held in domestic offices: $260.5 mil
    Return on assets (ROA): 1.93% ($5.7 mil)
    Quarterly return on assets: 1.98% ($5.9 mil)
    Return on Equity (ROE): 18.26% ($5.8 mil)
    Quarterly return on equity: 18.27% ($5.8 mil)
    Net income: $5.5 mil
    Quarterly Net income: $1.5 mil
    Pretax return on assets: 2.01% ($5,949.1 mil)
    Quarterly Pretax return on assets: 2.08% ($6,156.3 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
  • 61Total employees (full-time equivalent)
  • $295,977Total assets
  • $3,084Cash and due from depository institutions
  • $350Interest-bearing balances
  • $78,436Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $205,924Net loans & leases
  • $4,077Loan loss allowance
  • $0Trading account assets
  • $2,878Bank premises and fixed assets
  • $700Other real estate owned
  • $18Goodwill and other intangibles
  • $295,977Life insurance assets
  • $4,937All other assets
  • $263,854Total liabilities and capital
  • $260,525Total liabilities
  • $241,963Total deposits
  • $260,525Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 595.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,995Trading liabilities
  • $0Other borrowed funds
  • $739Subordinated debt
  • $32,123All other liabilities
  • $32,123Total equity capital
  • $32,123Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $1,000Surplus
  • $30,123Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $120Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,764Income earned, not collected on loans
  • $0Earning assets
  • $3,248Long-term assets (5+ years)
  • $284,710Average Assets, year-to-date
  • $118,982Average Assets, quarterly
  • $287,248Volatile liabilities
  • $295,340Insider loans
  • $205,133FHLB advances
  • $297,645Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $29,809Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $22,456Restructured Loans and leases
  • $131Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,018Total interest income
  • $3,325Total interest expense
  • $11,693Net interest income
  • $1,500Provision for loan and lease losses
  • $797Total noninterest income
  • $0Fiduciary activities
  • $532Service charges on deposit accounts
  • $0Trading account gains & fees
  • $265Additional noninterest income
  • $5,389Total noninterest expense
  • $3,227Salaries and employee benefits
  • $447Premises and equipment expense
  • $1,715Additional noninterest expense
  • $5,601Pre-tax net operating income
  • $163Securities gains (losses)
  • $223Applicable income taxes
  • $5,541Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,541Net income attributable to bank
  • $0Net charge-offs
  • $5,541Cash dividends
  • $775Sale, conversion, retirement of capital stock, net
  • $2,700Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.43%Yield on earning assets
  • 1.20%Cost of funding earning assets
  • 4.23%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 1.95%Noninterest expense to earning assets
  • 1.87%Net operating income to assets
  • 1.93%Return on assets (ROA)
  • 2.01%Pretax return on assets
  • 18.26%Return on equity (ROE)
  • 9.36%Retained earnings to average equity (YTD only)
  • 0.38%Net charge-offs to loans
  • 193.55%Credit loss provision to net charge-offs
  • 9.16%Efficiency ratio
  • 43,114Assets per employee
  • 4.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.73%Loss allowance to loans
  • 1.94%Loss allowance to noncurrent loans
  • 231.12%Noncurrent assets plus other real estate owned to assets
  • 0.83%Noncurrent loans to loans
  • 0.84%Net loans and leases to deposits
  • 79.04%Net loans and leases to core deposits
  • 81.77%Equity capital to assets
  • 10.85%Core capital (leverage) ratio
  • 10.01%Tier 1 risk-based capital ratio
  • 14.53%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $287,248Average earning assets
  • $30,344Average equity
  • $276,332Average loans

List of branches

  • 5 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01244The Bank Of Tescott104 S Main St, Tescott, KS 67484January 01, 1887Full Service Brick and Mortar
    1274109Salina Branch600 South Santa Fe, Salina, KS 67401December 21, 1934Full Service Brick and Mortar
    211095Saline Valley Branch101 East Lincoln Avenue, Lincoln, KS 67455September 01, 1881Full Service Brick and Mortar
    4280135Salina Branch2040 South Ohio, Salina, KS 67401Febuary 17, 1997Full Service Brick and Mortar
    5522275Lindsborg Branch202 North Main Street, Lindsborg, KS 67456September 12, 2011Full Service Brick and Mortar

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