The Stockgrowers State Bank of Ashland, Kansas in Ashland, Kansas (KS)



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The Stockgrowers State Bank of Ashland, Kansas routing number info

Table of contents:
The Stockgrowers State Bank of Ashland, Kansas
GeneralFDIC Certificate #: 17650
Status: Active
Federal Reserve ID: 424156
Bank Holding Company (Regulatory Top Holder): Stockgrowers State Bank Employee Stock Ownership Plan (RSSDID: 3343070, Location: Ashland, KS)
Date Established: June 23, 1885
WWW: http://www.stockgrowersbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 11615
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: August 23, 1956
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
LocationAddress: 622 Main Street, Ashland, KS 67831
County: Clark
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Wichita
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
History of ChangesCorrections
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $116.8 mil
Equity capital: $15.5 mil
Deposits held in domestic offices: $100.2 mil
Return on assets (ROA): 0.77% ($0.9 mil)
Quarterly return on assets: 0.94% ($1.1 mil)
Return on Equity (ROE): 5.93% ($0.9 mil)
Quarterly return on equity: 7.01% ($1.1 mil)
Net income: $0.9 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 0.81% ($946.5 mil)
Quarterly Pretax return on assets: 0.98% ($1,145.1 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)
Total employees (full-time equivalent)28
Total assets$116,850
Cash and due from depository institutions$6,520
Interest-bearing balances$4,056
Securities$41,111
Federal funds sold & reverse repurchase agreements$85
Net loans & leases$64,594
Loan loss allowance $1,029
Trading account assets$0
Bank premises and fixed assets$874
Other real estate owned$390
Goodwill and other intangibles$340
All other assets$2,936
Life insurance assets$116,850
Total liabilities and capital$101,307
Total liabilities$100,153
Total deposits$86,419
Interest-bearing deposits$100,153
Deposits held in domestic offices$92
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$925
Other borrowed funds $0
Subordinated debt $229
All other liabilities $15,543
Total equity capital$15,543
Total bank equity capital$15,543
Perpetual preferred stock$0
Common stock$400
Surplus$2,800
Undivided profits $12,343
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $236
Earning assets $0
Long-term assets (5+ years) $1,097
Average Assets, year-to-date $109,846
Average Assets, quarterly $19,451
Volatile liabilities $115,072
Insider loans $116,114
FHLB advances $76,506
Loans and leases held for sale $118,764
Unused loan commitments $998
Tier 1 (core) risk-based capital $998
Tier 2 risk-based capital $14,342
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $18,067
Derivatives$2,421
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,593
Total interest expense $826
Net interest income $3,767
Provision for loan and lease losses $100
Total noninterest income $290
Fiduciary activities $0
Service charges on deposit accounts $192
Trading account gains & fees $0
Additional noninterest income $98
Total noninterest expense $3,025
Salaries and employee benefits $1,970
Premises and equipment expense $365
Additional noninterest expense $690
Pre-tax net operating income $932
Securities gains (losses) $0
Applicable income taxes $42
Income before extraordinary items $890
Extraordinary gains - net $0
Net income attributable to bank $890
Net charge-offs $0
Cash dividends $890
Sale, conversion, retirement of capital stock, net $112
Net operating income $370
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.26%
Cost of funding earning assets 0.77%
Net interest margin 3.49%
Noninterest income to earning assets 0.27%
Noninterest expense to earning assets 2.80%
Net operating income to assets 0.77%
Return on assets (ROA) 0.77%
Pretax return on assets 0.81%
Return on equity (ROE) 5.93%
Retained earnings to average equity (YTD only) 3.47%
Net charge-offs to loans 0.16%
Credit loss provision to net charge-offs 89.29%
Efficiency ratio9.21%
Assets per employee$74,562
Cash dividends to net income (YTD only)4.17%
Condition Ratios (%)
Loss allowance to loans 41.57%
Loss allowance to noncurrent loans 1.57%
Noncurrent assets plus other real estate owned to assets 436.02%
Noncurrent loans to loans 0.54%
Net loans and leases to deposits0.36%
Net loans and leases to core deposits 64.50%
Equity capital to assets 67.95%
Core capital (leverage) ratio 13.30%
Tier 1 risk-based capital ratio 12.08%
Total risk-based capital ratio 18.75%
Memoranda
Average assets$20
Average earning assets$115,072
Average equity $15,006
Average loans $107,897
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2 Kansas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
011615The Stockgrowers State Bank Of Ashland, Kansas622 Main Street, Ashland, KS 67831June 23, 1885Full Service Brick and Mortar
13149Meade Branch203 North Fowler, Meade, KS 67864January 01, 1904Full Service Brick and Mortar
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