The Tipton Latham Bank, National Association in Tipton, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Tipton Latham Bank, National Association - Overview

  • General
  • FDIC Certificate #: 1941
    Status: Active
    Federal Reserve ID: 984856
    Bank Holding Company (Regulatory Top Holder): Latham Bancshares, Inc. (RSSDID: 1097744, Location: Tipton, MO)
    Date Established: December 29, 1906
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 15518
    FDIC's unique #: 1304
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    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: 800 West Highway 50, Tipton, MO 65081
    County: Moniteau
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Columbia Mo
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Jefferson City, MO (#27620)
    CBSA Metro Statistical Area: Jefferson City, MO (#27620)
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $94.2 mil
    Equity capital: $10.5 mil
    Deposits held in domestic offices: $78.8 mil
    Return on assets (ROA): 1.44% ($1.4 mil)
    Quarterly return on assets: 0.51% ($0.5 mil)
    Return on Equity (ROE): 13.27% ($1.3 mil)
    Quarterly return on equity: 4.59% ($0.5 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.44% ($1,356.7 mil)
    Quarterly Pretax return on assets: 0.51% ($480.5 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)
  • $94,218Total assets
  • $10,322Cash and due from depository institutions
  • $7,472Interest-bearing balances
  • $21,762Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $56,675Net loans & leases
  • $1,020Loan loss allowance
  • $0Trading account assets
  • $1,481Bank premises and fixed assets
  • $100Other real estate owned
  • $0Goodwill and other intangibles
  • $94,218Life insurance assets
  • $3,878All other assets
  • $83,759Total liabilities and capital
  • $78,848Total liabilities
  • $65,918Total deposits
  • $78,848Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,500Trading liabilities
  • $0Other borrowed funds
  • $411Subordinated debt
  • $10,459All other liabilities
  • $10,459Total equity capital
  • $10,459Total bank equity capital
  • $0Perpetual preferred stock
  • $85Common stock
  • $432Surplus
  • $9,942Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $164Income earned, not collected on loans
  • $0Earning assets
  • $674Long-term assets (5+ years)
  • $85,909Average Assets, year-to-date
  • $21,654Average Assets, quarterly
  • $94,280Volatile liabilities
  • $94,785Insider loans
  • $62,557FHLB advances
  • $94,831Loans and leases held for sale
  • $2,253Unused loan commitments
  • $881Tier 1 (core) risk-based capital
  • $10,409Tier 2 risk-based capital
  • $1,372Total risk weighted assets
  • $0Total unused commitments
  • $4,610Restructured Loans and leases
  • $812Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,546Total interest income
  • $1,039Total interest expense
  • $3,507Net interest income
  • $500Provision for loan and lease losses
  • $248Total noninterest income
  • $0Fiduciary activities
  • $173Service charges on deposit accounts
  • $0Trading account gains & fees
  • $75Additional noninterest income
  • $2,376Total noninterest expense
  • $1,480Salaries and employee benefits
  • $280Premises and equipment expense
  • $616Additional noninterest expense
  • $879Pre-tax net operating income
  • $475Securities gains (losses)
  • $0Applicable income taxes
  • $1,354Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,354Net income attributable to bank
  • $0Net charge-offs
  • $1,354Cash dividends
  • $454Sale, conversion, retirement of capital stock, net
  • $693Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.24%Yield on earning assets
  • 1.20%Cost of funding earning assets
  • 4.05%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 2.74%Noninterest expense to earning assets
  • 0.93%Net operating income to assets
  • 1.44%Return on assets (ROA)
  • 1.44%Pretax return on assets
  • 13.27%Return on equity (ROE)
  • 6.48%Retained earnings to average equity (YTD only)
  • 0.80%Net charge-offs to loans
  • 110.13%Credit loss provision to net charge-offs
  • 3.04%Efficiency ratio
  • 63,276Assets per employee
  • 5.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.18%Loss allowance to loans
  • 1.77%Loss allowance to noncurrent loans
  • 621.95%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.28%Net loans and leases to deposits
  • 71.88%Net loans and leases to core deposits
  • 74.54%Equity capital to assets
  • 11.10%Core capital (leverage) ratio
  • 10.98%Tier 1 risk-based capital ratio
  • 16.64%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $94,280Average earning assets
  • $10,201Average equity
  • $86,675Average loans

List of branches

  • 2 Missouri Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01304The Tipton Latham Bank, National Association800 West Highway 50, Tipton, MO 65081December 29, 1906Full Service Brick and Mortar
    2190451Latham FacilityMain Street, Highway E, Latham, MO 65050May 17, 1982Full Service Brick and Mortar

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