Union State Bank in Olsburg, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches


Union State Bank - Overview

  • General
  • FDIC Certificate #: 15098
    Status: Active
    Federal Reserve ID: 866251
    Date Established: November 01, 1910
    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 #: 9475
    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: April 24, 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: 204 E Hwy 16, Olsburg, KS 66520
    County: Pottawatomie
    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
    Core Based Statistical Area (CBSA): Manhattan, KS (#31740)
    CBSA Metro Statistical Area: Manhattan, KS (#31740)
  • History of Changes
  • Corrections
    Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $28.4 mil
    Equity capital: $4.4 mil
    Deposits held in domestic offices: $23.5 mil
    Return on assets (ROA): 1.03% ($0.3 mil)
    Quarterly return on assets: 0.56% ($0.2 mil)
    Return on Equity (ROE): 7.17% ($0.3 mil)
    Quarterly return on equity: 3.62% ($0.1 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 1.05% ($297.8 mil)
    Quarterly Pretax return on assets: 0.43% ($122.0 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
  • 10Total employees (full-time equivalent)
  • $28,365Total assets
  • $863Cash and due from depository institutions
  • $0Interest-bearing balances
  • $12,899Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $14,064Net loans & leases
  • $120Loan loss allowance
  • $0Trading account assets
  • $143Bank premises and fixed assets
  • $59Other real estate owned
  • $0Goodwill and other intangibles
  • $28,365Life insurance assets
  • $337All other assets
  • $23,955Total liabilities and capital
  • $23,475Total liabilities
  • $19,518Total deposits
  • $23,475Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 400.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $80Subordinated debt
  • $4,410All other liabilities
  • $4,410Total equity capital
  • $4,410Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $300Surplus
  • $4,060Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $453Income earned, not collected on loans
  • $0Earning assets
  • $288Long-term assets (5+ years)
  • $26,963Average Assets, year-to-date
  • $8,286Average Assets, quarterly
  • $28,699Volatile liabilities
  • $28,571Insider loans
  • $16,041FHLB advances
  • $27,902Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,994Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,033Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,215Total interest income
  • $346Total interest expense
  • $869Net interest income
  • $25Provision for loan and lease losses
  • $76Total noninterest income
  • $0Fiduciary activities
  • $75Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1Additional noninterest income
  • $620Total noninterest expense
  • $424Salaries and employee benefits
  • $53Premises and equipment expense
  • $143Additional noninterest expense
  • $300Pre-tax net operating income
  • $0Securities gains (losses)
  • $4Applicable income taxes
  • $296Income before extraordinary items
  • $0Extraordinary gains - net
  • $296Net income attributable to bank
  • $0Net charge-offs
  • $296Cash dividends
  • $23Sale, conversion, retirement of capital stock, net
  • $105Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.71%Yield on earning assets
  • 1.34%Cost of funding earning assets
  • 3.37%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 2.40%Noninterest expense to earning assets
  • 1.03%Net operating income to assets
  • 1.03%Return on assets (ROA)
  • 1.05%Pretax return on assets
  • 7.17%Return on equity (ROE)
  • 4.63%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 108.70%Credit loss provision to net charge-offs
  • 14.13%Efficiency ratio
  • 65,608Assets per employee
  • 2.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 35.47%Loss allowance to loans
  • 0.85%Loss allowance to noncurrent loans
  • 26.49%Noncurrent assets plus other real estate owned to assets
  • 1.81%Noncurrent loans to loans
  • 3.19%Net loans and leases to deposits
  • 59.91%Net loans and leases to core deposits
  • 60.95%Equity capital to assets
  • 15.55%Core capital (leverage) ratio
  • 14.31%Tier 1 risk-based capital ratio
  • 24.90%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $28,699Average earning assets
  • $4,127Average equity
  • $25,785Average loans

List of branches

  • 2 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09475Union State Bank204 E Hwy 16, Olsburg, KS 66520November 01, 1910Full Service Brick and Mortar
    1441898Union State Bank - Randolph Branch201 Front Street, Randolph, KS 66554July 08, 2005Full Service Brick and Mortar

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