FDIC Certificate #: 15194 Status: Active Federal Reserve ID: 5751 Bank Holding Company (Regulatory Top Holder): Lakin Bancshares, Inc. (RSSDID: 1061594, Location: Lakin, KS) Date Established: January 01, 1888 WWW:http://www.kearnycountybank.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 53339 FDIC's unique #: 9557 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: June 26, 1935 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 221 North Main Street, Lakin, KS 67860 County: Kearny 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
History of Changes
Corrections
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $124.6 mil Equity capital: $26.7 mil Deposits held in domestic offices: $97.2 mil Return on assets (ROA): 1.99% ($2.5 mil) Quarterly return on assets: 1.94% ($2.4 mil) Return on Equity (ROE): 9.01% ($2.4 mil) Quarterly return on equity: 8.56% ($2.3 mil) Net income: $2.3 mil Quarterly Net income: $0.6 mil Pretax return on assets: 2.07% ($2,578.7 mil) Quarterly Pretax return on assets: 2.02% ($2,516.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
18Total employees (full-time equivalent)
$124,573Total assets
$2,943Cash and due from depository institutions
$0Interest-bearing balances
$52,876Securities
$13,426Federal funds sold & reverse repurchase agreements
$51,164Net loans & leases
$1,067Loan loss allowance
$0Trading account assets
$182Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$124,573Life insurance assets
$3,982All other assets
$97,861Total liabilities and capital
$97,224Total liabilities
$89,051Total deposits
$97,224Interest-bearing deposits
$66Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$637Subordinated debt
$26,712All other liabilities
$26,712Total equity capital
$26,712Total bank equity capital
$0Perpetual preferred stock
$600Common stock
$700Surplus
$25,412Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,206Income earned, not collected on loans
$34Earning assets
$853Long-term assets (5+ years)
$117,466Average Assets, year-to-date
$47,716Average Assets, quarterly
$117,722Volatile liabilities
$117,769Insider loans
$66,169FHLB advances
$114,656Loans and leases held for sale
$2,630Unused loan commitments
$1,369Tier 1 (core) risk-based capital
$24,453Tier 2 risk-based capital
$0Total risk weighted assets
$1,261Total unused commitments
$14,482Restructured Loans and leases
$1,665Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,611Total interest income
$473Total interest expense
$4,138Net interest income
$0Provision for loan and lease losses
$574Total noninterest income
$248Fiduciary activities
$97Service charges on deposit accounts
$0Trading account gains & fees
$229Additional noninterest income
$2,276Total noninterest expense
$1,338Salaries and employee benefits
$174Premises and equipment expense
$764Additional noninterest expense
$2,436Pre-tax net operating income
$0Securities gains (losses)
$97Applicable income taxes
$2,339Income before extraordinary items
$0Extraordinary gains - net
$2,339Net income attributable to bank
$0Net charge-offs
$2,339Cash dividends
-$29Sale, conversion, retirement of capital stock, net
$1,602Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.12%Yield on earning assets
0.42%Cost of funding earning assets
3.70%Net interest margin
0.51%Noninterest income to earning assets
2.04%Noninterest expense to earning assets
1.99%Net operating income to assets
1.99%Return on assets (ROA)
2.07%Pretax return on assets
9.01%Return on equity (ROE)
2.84%Retained earnings to average equity (YTD only)
-0.06%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
48,302Assets per employee
6.92%Cash dividends to net income (YTD only)
Condition Ratios (%)
68.49%Loss allowance to loans
2.04%Loss allowance to noncurrent loans
88.47%Noncurrent assets plus other real estate owned to assets
0.97%Noncurrent loans to loans
2.31%Net loans and leases to deposits
52.62%Net loans and leases to core deposits
52.62%Equity capital to assets
21.44%Core capital (leverage) ratio
21.33%Tier 1 risk-based capital ratio
36.96%Total risk-based capital ratio
Memoranda
$38Average assets
$117,722Average earning assets
$25,955Average equity
$111,828Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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