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

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Farmers State Bank of Corning.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents