The Bank of Tescott in Tescott, Kansas (KS)



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The Bank of Tescott routing number info

Table of contents:
The Bank of Tescott
GeneralFDIC 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
WWW: http://www.bankoftescott.com
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
LocationAddress: 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 ChangesChange in Location
Financial SummaryTotal 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)
Total employees (full-time equivalent)61
Total assets$295,977
Cash and due from depository institutions$3,084
Interest-bearing balances$350
Securities$78,436
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$205,924
Loan loss allowance $4,077
Trading account assets$0
Bank premises and fixed assets$2,878
Other real estate owned$700
Goodwill and other intangibles$18
All other assets$4,937
Life insurance assets$295,977
Total liabilities and capital$263,854
Total liabilities$260,525
Total deposits$241,963
Interest-bearing deposits$260,525
Deposits held in domestic offices$92
% insured (estimated)595.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$1,995
Other borrowed funds $0
Subordinated debt $739
All other liabilities $32,123
Total equity capital$32,123
Total bank equity capital$32,123
Perpetual preferred stock$0
Common stock$1,000
Surplus$1,000
Undivided profits $30,123
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $120
Income earned, not collected on loans $1,764
Earning assets $0
Long-term assets (5+ years) $3,248
Average Assets, year-to-date $284,710
Average Assets, quarterly $118,982
Volatile liabilities $287,248
Insider loans $295,340
FHLB advances $205,133
Loans and leases held for sale $297,645
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $29,809
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $22,456
Derivatives$131
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $15,018
Total interest expense $3,325
Net interest income $11,693
Provision for loan and lease losses $1,500
Total noninterest income $797
Fiduciary activities $0
Service charges on deposit accounts $532
Trading account gains & fees $0
Additional noninterest income $265
Total noninterest expense $5,389
Salaries and employee benefits $3,227
Premises and equipment expense $447
Additional noninterest expense $1,715
Pre-tax net operating income $5,601
Securities gains (losses) $163
Applicable income taxes $223
Income before extraordinary items $5,541
Extraordinary gains - net $0
Net income attributable to bank $5,541
Net charge-offs $0
Cash dividends $5,541
Sale, conversion, retirement of capital stock, net $775
Net operating income $2,700
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.43%
Cost of funding earning assets 1.20%
Net interest margin 4.23%
Noninterest income to earning assets 0.29%
Noninterest expense to earning assets 1.95%
Net operating income to assets 1.87%
Return on assets (ROA) 1.93%
Pretax return on assets 2.01%
Return on equity (ROE) 18.26%
Retained earnings to average equity (YTD only) 9.36%
Net charge-offs to loans 0.38%
Credit loss provision to net charge-offs 193.55%
Efficiency ratio9.16%
Assets per employee$43,114
Cash dividends to net income (YTD only)4.85%
Condition Ratios (%)
Loss allowance to loans 48.73%
Loss allowance to noncurrent loans 1.94%
Noncurrent assets plus other real estate owned to assets 231.12%
Noncurrent loans to loans 0.83%
Net loans and leases to deposits0.84%
Net loans and leases to core deposits 79.04%
Equity capital to assets 81.77%
Core capital (leverage) ratio 10.85%
Tier 1 risk-based capital ratio 10.01%
Total risk-based capital ratio 14.53%
Memoranda
Average assets$16
Average earning assets$287,248
Average equity $30,344
Average loans $276,332
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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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