The Farmers State Bank of Corning in Overland Park, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 03, 2006

  • The Farmers State Bank of Corning in Overland Park, Kansas (KS)
  • Show street view No street view available for this location

The Farmers State Bank of Corning - Overview

  • General
  • FDIC Certificate #: 18020
    Status: Inactive
    Acquiring institution: First Community Bank (#14023)
    Federal Reserve ID: 727950
    Date Established: January 01, 1888
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 11949
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 04, 1959
    Last Structure Change Effective Date: March 03, 2006
    Last Structure Change Process Date: April 05, 2006
    Last Data Update: April 05, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 9820 Metcalf, Suite 110, Overland Park, KS 66212
    County: Johnson
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Kansas City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760)
    Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312)
    Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140)
    CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
  • History of Changes
  • Merger - Without Assistance
    Change in Location
  • Financial Summary
  • Total assets: $6.8 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, 2005)

  • Dollar figures in thousands
  • 3Total employees (full-time equivalent)
  • $6,752Total assets
  • $184Cash and due from depository institutions
  • $0Interest-bearing balances
  • $2,133Securities
  • $157Federal funds sold & reverse repurchase agreements
  • $3,909Net loans & leases
  • $65Loan loss allowance
  • $0Trading account assets
  • $28Bank premises and fixed assets
  • $0Other real estate owned
  • $266Goodwill and other intangibles
  • $0Life insurance assets
  • $75All other assets
  • $6,752Total liabilities and capital
  • $5,690Total liabilities
  • $5,674Total deposits
  • $4,441Interest-bearing deposits
  • $5,674Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $16All other liabilities
  • $1,062Total equity capital
  • $1,062Total bank equity capital
  • $1,062Perpetual preferred stock
  • $0Common stock
  • $25Surplus
  • $1,020Undivided profits
  • Memoranda
  • $17Noncurrent loans and leases
  • $143Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $73Average Assets, year-to-date
  • $6,199Average Assets, quarterly
  • $0Volatile liabilities
  • $6,936Insider loans
  • $6,820FHLB advances
  • $403Loans and leases held for sale
  • $100Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $143Total unused commitments
  • $0Restructured Loans and leases
  • $50Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $284Total interest income
  • $52Total interest expense
  • $232Net interest income
  • $0Provision for loan and lease losses
  • $27Total noninterest income
  • $0Fiduciary activities
  • $19Service charges on deposit accounts
  • $0Trading account gains & fees
  • $8Additional noninterest income
  • $144Total noninterest expense
  • $84Salaries and employee benefits
  • $19Premises and equipment expense
  • $41Additional noninterest expense
  • $115Pre-tax net operating income
  • $0Securities gains (losses)
  • $35Applicable income taxes
  • $80Income before extraordinary items
  • $0Extraordinary gains - net
  • $80Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $75Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.36%Yield on earning assets
  • 0.80%Cost of funding earning assets
  • 3.56%Net interest margin
  • 0.41%Noninterest income to earning assets
  • 2.21%Noninterest expense to earning assets
  • 1.15%Net operating income to assets
  • 1.15%Return on assets (ROA)
  • 1.66%Pretax return on assets
  • 8.87%Return on equity (ROE)
  • 0.55%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
  • 51,737Assets per employee
  • 2.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 93.75%Loss allowance to loans
  • 1.64%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 68.89%Net loans and leases to core deposits
  • 74.16%Equity capital to assets
  • 15.73%Core capital (leverage) ratio
  • 12.09%Tier 1 risk-based capital ratio
  • 20.40%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $6,936Average earning assets
  • $902Average equity
  • $6,516Average loans

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