The Turon State Bank in Turon, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1994

The Turon State Bank in Turon, Kansas (KS)
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The Turon State Bank - Overview

General
FDIC Certificate #: 13579
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Citizens Bank of Kansas, National Association (#4707)
Federal Reserve ID: 426954
Date Established: January 01, 1887
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 8488
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 08, 1934
Last Structure Change Effective Date: October 01, 1994
Last Structure Change Process Date: October 19, 1994
Last Data Update: October 19, 1994
Data Source Date: April 05, 2012
Location
Address: Main Street, Turon, KS 67583
County: Reno
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
Core Based Statistical Area (CBSA): Hutchinson, KS (#26740)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $14.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$12Total assets
$15,235Cash and due from depository institutions
$2,077Interest-bearing balances
$1,486Securities
$1,306Federal funds sold & reverse repurchase agreements
$1,445Net loans & leases
$10,028Loan loss allowance
$189Trading account assets
$0Bank premises and fixed assets
$43Other real estate owned
$35Goodwill and other intangibles
$301Life insurance assets
$0All other assets
$0Total liabilities and capital
$15,235Total liabilities
$13,529Total deposits
$13,425Interest-bearing deposits
$11,463Deposits held in domestic offices
13425.00%% insured (estimated)
$99Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$104Total equity capital
$104Total bank equity capital
$1,706Perpetual preferred stock
$0Common stock
$175Surplus
$205Undivided profits
Memoranda
$1,326Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$635Income earned, not collected on loans
$294Earning assets
$14,265Long-term assets (5+ years)
$17Average Assets, year-to-date
$15,483Average Assets, quarterly
$15,134Volatile liabilities
$581Insider loans
$43FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$546Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,706Total risk weighted assets
$11,187Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$1,239Total interest expense
$398Net interest income
$841Provision for loan and lease losses
$20Total noninterest income
$162Fiduciary activities
$0Service charges on deposit accounts
$141Trading account gains & fees
$0Additional noninterest income
$21Total noninterest expense
$741Salaries and employee benefits
$458Premises and equipment expense
$53Additional noninterest expense
$230Pre-tax net operating income
$242Securities gains (losses)
$0Applicable income taxes
$84Income before extraordinary items
$158Extraordinary gains - net
$0Net income attributable to bank
$158Net charge-offs
-$30Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.60%Cost of funding earning assets
2.76%Net interest margin
5.84%Noninterest income to earning assets
1.12%Noninterest expense to earning assets
5.14%Net operating income to assets
1.02%Return on assets (ROA)
1.02%Pretax return on assets
1.56%Return on equity (ROE)
9.63%Retained earnings to average equity (YTD only)
9.63%Net charge-offs to loans
-0.28%Credit loss provision to net charge-offs
-66.67%Efficiency ratio
73,878Assets per employee
1.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.85%Loss allowance to noncurrent loans
29.76%Noncurrent assets plus other real estate owned to assets
4.40%Noncurrent loans to loans
6.22%Net loans and leases to deposits
74.70%Net loans and leases to core deposits
78.08%Equity capital to assets
11.20%Core capital (leverage) ratio
10.80%Tier 1 risk-based capital ratio
15.25%Total risk-based capital ratio
Memoranda
$17Average assets
$15,483Average earning assets
$1,641Average equity
$14,407Average loans

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