The Kearny County Bank in Lakin, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Kearny County Bank - Overview

  • General
  • 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
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $28,932Managed Assets
  • 1Number of Accounts
  • $27,856Personal trust and agency accounts
  • $3,319Employee benefit-defined contribution accounts
  • $4,372Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $7,944Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $12,221Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 168Number of Accounts
  • $0Personal trust and agency accounts
  • $7,944Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,076Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,076Fiduciary accounts held in foreign offices

List of branches

  • 1 Kansas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09557The Kearny County Bank221 North Main Street, Lakin, KS 67860January 01, 1888Full Service Brick and Mortar

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