The Union State Bank of Everest in Everest, Kansas (KS), MO
Overview, Financial Summary, Detailed Financial Reports, Branches

The Union State Bank of Everest - Overview

  • General
  • FDIC Certificate #: 18610
    Status: Active
    Federal Reserve ID: 736550
    Bank Holding Company (Regulatory Top Holder): Everest Bancshares, Inc. (RSSDID: 1057515, Location: Everest, KS)
    Date Established: August 05, 1901
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 6 (Domestic: 6, Interstate: Yes)
    OTS Docket #: 13737
    FDIC's unique #: 12495
    Numeric code: 13
    Regulator: FED
    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: November 19, 1954
    Last Structure Change Effective Date: September 01, 2011
    Last Structure Change Process Date: September 21, 2011
    Last Data Update: September 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 545 Main Street, Everest, KS 66424
    County: Brown
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Kansas City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $216.9 mil
    Equity capital: $22.9 mil
    Deposits held in domestic offices: $183.4 mil
    Return on assets (ROA): 1.59% ($3.5 mil)
    Quarterly return on assets: 1.44% ($3.1 mil)
    Return on Equity (ROE): 15.58% ($3.6 mil)
    Quarterly return on equity: 13.60% ($3.1 mil)
    Net income: $3.3 mil
    Quarterly Net income: $0.8 mil
    Pretax return on assets: 1.66% ($3,600.0 mil)
    Quarterly Pretax return on assets: 1.50% ($3,253.0 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
  • 53Total employees (full-time equivalent)
  • $216,869Total assets
  • $4,799Cash and due from depository institutions
  • $219Interest-bearing balances
  • $45,405Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $154,453Net loans & leases
  • $2,753Loan loss allowance
  • $0Trading account assets
  • $3,420Bank premises and fixed assets
  • $683Other real estate owned
  • $3,133Goodwill and other intangibles
  • $216,869Life insurance assets
  • $4,976All other assets
  • $194,017Total liabilities and capital
  • $183,384Total liabilities
  • $155,710Total deposits
  • $183,384Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 472.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,629Trading liabilities
  • $0Other borrowed funds
  • $532Subordinated debt
  • $22,852All other liabilities
  • $22,852Total equity capital
  • $22,852Total bank equity capital
  • $0Perpetual preferred stock
  • $585Common stock
  • $12,111Surplus
  • $10,156Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,362Income earned, not collected on loans
  • $0Earning assets
  • $2,531Long-term assets (5+ years)
  • $200,077Average Assets, year-to-date
  • $42,141Average Assets, quarterly
  • $210,156Volatile liabilities
  • $213,362Insider loans
  • $161,970FHLB advances
  • $212,635Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $17,661Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,656Restructured Loans and leases
  • $1,426Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,622Total interest income
  • $2,272Total interest expense
  • $8,350Net interest income
  • $566Provision for loan and lease losses
  • $1,579Total noninterest income
  • $0Fiduciary activities
  • $1,230Service charges on deposit accounts
  • $0Trading account gains & fees
  • $349Additional noninterest income
  • $5,869Total noninterest expense
  • $3,010Salaries and employee benefits
  • $1,211Premises and equipment expense
  • $1,648Additional noninterest expense
  • $3,494Pre-tax net operating income
  • $4Securities gains (losses)
  • $154Applicable income taxes
  • $3,344Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,344Net income attributable to bank
  • $0Net charge-offs
  • $3,344Cash dividends
  • $148Sale, conversion, retirement of capital stock, net
  • $2,365Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.47%Yield on earning assets
  • 1.17%Cost of funding earning assets
  • 4.30%Net interest margin
  • 0.81%Noninterest income to earning assets
  • 3.02%Noninterest expense to earning assets
  • 1.59%Net operating income to assets
  • 1.59%Return on assets (ROA)
  • 1.66%Pretax return on assets
  • 15.58%Return on equity (ROE)
  • 4.56%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 382.43%Credit loss provision to net charge-offs
  • 27.43%Efficiency ratio
  • 57,347Assets per employee
  • 4.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 70.72%Loss allowance to loans
  • 1.75%Loss allowance to noncurrent loans
  • 202.13%Noncurrent assets plus other real estate owned to assets
  • 0.94%Noncurrent loans to loans
  • 0.87%Net loans and leases to deposits
  • 84.22%Net loans and leases to core deposits
  • 90.50%Equity capital to assets
  • 10.54%Core capital (leverage) ratio
  • 8.31%Tier 1 risk-based capital ratio
  • 10.90%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $210,156Average earning assets
  • $21,469Average equity
  • $194,184Average loans

List of branches

  • 5 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012495The Union State Bank Of Everest545 Main Street, Everest, KS 66424August 05, 1901Full Service Brick and Mortar
    1245877Atchison Branch701 Kansas, Atchison, KS 66002September 24, 1993Full Service Brick and Mortar
    3364083Horton Branch - 301301 East 15th, Horton, KS 66439June 26, 2002Full Service Brick and Mortar BranchSixth & Main, Everest, KS 66424May 19, 2004Full Service Cyber
    69690Mclouth Branch117 S Union St, Mc Louth, KS 66054October 17, 1887Full Service Brick and Mortar
  • 1 Missouri Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    55270Grower Branch321 U.S. Highway 169 South, Gower, MO 64454July 17, 1917Full Service Brick and Mortar

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