The Baxter State Bank in Baxter Springs, Kansas (KS), OK
Overview, Financial Summary, Detailed Financial Reports, Branches

  • The Baxter State Bank in Baxter Springs, Kansas (KS), OK
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The Baxter State Bank - Overview

  • General
  • FDIC Certificate #: 12432
    Status: Active
    Federal Reserve ID: 1000856
    Bank Holding Company (Regulatory Top Holder): Baxter Bancshares, Inc. (RSSDID: 2366652, Location: Baxter Springs, KS)
    Date Established: January 01, 1905
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: Yes)
    FDIC's unique #: 7914
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 15, 2011
    Last Structure Change Process Date: January 21, 2011
    Last Data Update: January 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1401 Military Avenue, Baxter Springs, KS 66713
    County: Cherokee
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Springfield Mo
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
    Change in OTS Docket Number
    Institution Withdraws from FHS
  • Financial Summary
  • Total assets: $29.6 mil
    Equity capital: $5.9 mil
    Deposits held in domestic offices: $23.0 mil
    Return on assets (ROA): 0.49% ($0.1 mil)
    Quarterly return on assets: 0.46% ($0.1 mil)
    Return on Equity (ROE): 2.47% ($0.1 mil)
    Quarterly return on equity: 2.28% ($0.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.50% ($147.8 mil)
    Quarterly Pretax return on assets: 0.49% ($144.8 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
  • 11Total employees (full-time equivalent)
  • $29,555Total assets
  • $3,101Cash and due from depository institutions
  • $2,558Interest-bearing balances
  • $6,619Securities
  • $946Federal funds sold & reverse repurchase agreements
  • $14,984Net loans & leases
  • $415Loan loss allowance
  • $0Trading account assets
  • $446Bank premises and fixed assets
  • $215Other real estate owned
  • $610Goodwill and other intangibles
  • $29,555Life insurance assets
  • $2,634All other assets
  • $23,614Total liabilities and capital
  • $23,043Total liabilities
  • $14,943Total deposits
  • $23,043Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $571Subordinated debt
  • $5,941All other liabilities
  • $5,941Total equity capital
  • $5,941Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $3,123Surplus
  • $2,718Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $799Income earned, not collected on loans
  • $0Earning assets
  • $141Long-term assets (5+ years)
  • $25,107Average Assets, year-to-date
  • $4,659Average Assets, quarterly
  • $30,009Volatile liabilities
  • $29,481Insider loans
  • $17,579FHLB advances
  • $28,485Loans and leases held for sale
  • $1,608Unused loan commitments
  • $1,608Tier 1 (core) risk-based capital
  • $5,192Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $73Restructured Loans and leases
  • $357Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,314Total interest income
  • $138Total interest expense
  • $1,176Net interest income
  • $0Provision for loan and lease losses
  • $349Total noninterest income
  • $0Fiduciary activities
  • $125Service charges on deposit accounts
  • $0Trading account gains & fees
  • $224Additional noninterest income
  • $1,374Total noninterest expense
  • $769Salaries and employee benefits
  • $148Premises and equipment expense
  • $457Additional noninterest expense
  • $151Pre-tax net operating income
  • $0Securities gains (losses)
  • $5Applicable income taxes
  • $146Income before extraordinary items
  • $0Extraordinary gains - net
  • $146Net income attributable to bank
  • $0Net charge-offs
  • $146Cash dividends
  • $7Sale, conversion, retirement of capital stock, net
  • $50Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.21%Yield on earning assets
  • 0.55%Cost of funding earning assets
  • 4.66%Net interest margin
  • 1.38%Noninterest income to earning assets
  • 5.45%Noninterest expense to earning assets
  • 0.49%Net operating income to assets
  • 0.49%Return on assets (ROA)
  • 0.50%Pretax return on assets
  • 2.47%Return on equity (ROE)
  • 1.62%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 21.57%Efficiency ratio
  • 90,098Assets per employee
  • 2.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 34.25%Loss allowance to loans
  • 2.69%Loss allowance to noncurrent loans
  • 51.94%Noncurrent assets plus other real estate owned to assets
  • 3.43%Noncurrent loans to loans
  • 5.19%Net loans and leases to deposits
  • 65.03%Net loans and leases to core deposits
  • 66.66%Equity capital to assets
  • 20.10%Core capital (leverage) ratio
  • 18.23%Tier 1 risk-based capital ratio
  • 29.54%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $30,009Average earning assets
  • $5,913Average equity
  • $25,224Average loans

List of branches

  • 1 Kansas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07914The Baxter State Bank1401 Military Avenue, Baxter Springs, KS 66713January 01, 1905Full Service Brick and Mortar
  • 1 Oklahoma Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    27580Quapaw Branch338 Main Street, Quapaw, OK 74363October 07, 1907Full Service Brick and Mortar

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