FDIC Certificate #: 4640 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Kaw Valley State Bank and Trust Company (#17832) Federal Reserve ID: 743455 Date Established: January 01, 1878 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) OTS Docket #: 12458 FDIC's unique #: 3078 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: September 06, 2008 Last Structure Change Process Date: September 25, 2008 Last Data Update: September 25, 2008 Data Source Date: April 05, 2012
Location
Address: Main Street, Clifton, KS 66937 County: Washington 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
Financial Summary
Total assets: $41.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
17Total employees (full-time equivalent)
$41,314Total assets
$1,323Cash and due from depository institutions
$247Interest-bearing balances
$12,453Securities
$4,022Federal funds sold & reverse repurchase agreements
$22,430Net loans & leases
$448Loan loss allowance
$0Trading account assets
$463Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$623All other assets
$41,314Total liabilities and capital
$37,215Total liabilities
$34,839Total deposits
$29,118Interest-bearing deposits
$34,839Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,244Other borrowed funds
$0Subordinated debt
$132All other liabilities
$4,099Total equity capital
$4,099Total bank equity capital
$4,099Perpetual preferred stock
$0Common stock
$200Surplus
$325Undivided profits
Memoranda
$3,574Noncurrent loans and leases
$3,653Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$577Earning assets
$154Long-term assets (5+ years)
$373Average Assets, year-to-date
$39,152Average Assets, quarterly
$1,604Volatile liabilities
$39,377Insider loans
$39,867FHLB advances
$6,406Loans and leases held for sale
$54Unused loan commitments
$2,244Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,653Total unused commitments
$0Restructured Loans and leases
$306Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$2,637Total interest income
$1,149Total interest expense
$1,488Net interest income
$30Provision for loan and lease losses
$560Total noninterest income
$0Fiduciary activities
$353Service charges on deposit accounts
$0Trading account gains & fees
$207Additional noninterest income
$1,256Total noninterest expense
$779Salaries and employee benefits
$142Premises and equipment expense
$335Additional noninterest expense
$762Pre-tax net operating income
$36Securities gains (losses)
$34Applicable income taxes
$764Income before extraordinary items
$0Extraordinary gains - net
$764Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$50Sale, conversion, retirement of capital stock, net
$705Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.14%Yield on earning assets
3.11%Cost of funding earning assets
4.03%Net interest margin
1.52%Noninterest income to earning assets
3.40%Noninterest expense to earning assets
1.85%Net operating income to assets
1.94%Return on assets (ROA)
2.03%Pretax return on assets
19.13%Return on equity (ROE)
1.48%Retained earnings to average equity (YTD only)
-0.23%Net charge-offs to loans
-60.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
61,328Assets per employee
2.43%Cash dividends to net income (YTD only)
Condition Ratios (%)
92.28%Loss allowance to loans
1.96%Loss allowance to noncurrent loans
77.64%Noncurrent assets plus other real estate owned to assets
1.40%Noncurrent loans to loans
2.52%Net loans and leases to deposits
64.38%Net loans and leases to core deposits
78.89%Equity capital to assets
9.92%Core capital (leverage) ratio
9.98%Tier 1 risk-based capital ratio
16.67%Total risk-based capital ratio
Memoranda
$18Average assets
$39,377Average earning assets
$3,993Average equity
$36,930Average loans
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