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


Union State Bank - Overview

  • General
  • FDIC Certificate #: 15908
    Status: Active
    Federal Reserve ID: 865759
    Bank Holding Company (Regulatory Top Holder): Union State Banc Holding Corporation (RSSDID: 3834831, Location: Clay Center, KS)
    Date Established: June 01, 1901
    WWW: http://www.usbcc.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 10140
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: August 13, 1942
    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: 701 5th Street, Clay Center, KS 67432
    County: Clay
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Hays
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $136.5 mil
    Equity capital: $16.5 mil
    Deposits held in domestic offices: $80.4 mil
    Return on assets (ROA): 1.14% ($1.6 mil)
    Quarterly return on assets: 1.38% ($1.9 mil)
    Return on Equity (ROE): 10.30% ($1.8 mil)
    Quarterly return on equity: 11.68% ($2.0 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.41% ($1,925.2 mil)
    Quarterly Pretax return on assets: 1.13% ($1,542.9 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
  • 21Total employees (full-time equivalent)
  • $136,539Total assets
  • $1,485Cash and due from depository institutions
  • $31Interest-bearing balances
  • $81,540Securities
  • $3Federal funds sold & reverse repurchase agreements
  • $47,765Net loans & leases
  • $1,385Loan loss allowance
  • $0Trading account assets
  • $820Bank premises and fixed assets
  • $476Other real estate owned
  • $0Goodwill and other intangibles
  • $136,539Life insurance assets
  • $4,450All other assets
  • $120,008Total liabilities and capital
  • $80,367Total liabilities
  • $72,883Total deposits
  • $80,367Interest-bearing deposits
  • $69Deposits held in domestic offices
  • 3884.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $33,794Trading liabilities
  • $0Other borrowed funds
  • $1,963Subordinated debt
  • $16,531All other liabilities
  • $16,531Total equity capital
  • $16,531Total bank equity capital
  • $0Perpetual preferred stock
  • $1,200Common stock
  • $2,400Surplus
  • $12,931Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $925Income earned, not collected on loans
  • $0Earning assets
  • $806Long-term assets (5+ years)
  • $129,339Average Assets, year-to-date
  • $96,724Average Assets, quarterly
  • $137,493Volatile liabilities
  • $137,240Insider loans
  • $62,243FHLB advances
  • $133,623Loans and leases held for sale
  • $33Unused loan commitments
  • $33Tier 1 (core) risk-based capital
  • $14,138Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,468Restructured Loans and leases
  • $651Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,427Total interest income
  • $2,092Total interest expense
  • $4,335Net interest income
  • $200Provision for loan and lease losses
  • $274Total noninterest income
  • $0Fiduciary activities
  • $189Service charges on deposit accounts
  • $0Trading account gains & fees
  • $85Additional noninterest income
  • $2,652Total noninterest expense
  • $1,367Salaries and employee benefits
  • $278Premises and equipment expense
  • $1,007Additional noninterest expense
  • $1,757Pre-tax net operating income
  • $185Securities gains (losses)
  • $381Applicable income taxes
  • $1,561Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,561Net income attributable to bank
  • $0Net charge-offs
  • $1,561Cash dividends
  • -$4Sale, conversion, retirement of capital stock, net
  • $435Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.93%Yield on earning assets
  • 1.61%Cost of funding earning assets
  • 3.33%Net interest margin
  • 0.21%Noninterest income to earning assets
  • 2.03%Noninterest expense to earning assets
  • 1.03%Net operating income to assets
  • 1.14%Return on assets (ROA)
  • 1.41%Pretax return on assets
  • 10.30%Return on equity (ROE)
  • 7.43%Retained earnings to average equity (YTD only)
  • -0.01%Net charge-offs to loans
  • -5000.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 57,540Assets per employee
  • 6.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 27.87%Loss allowance to loans
  • 2.82%Loss allowance to noncurrent loans
  • 149.73%Noncurrent assets plus other real estate owned to assets
  • 1.03%Noncurrent loans to loans
  • 1.88%Net loans and leases to deposits
  • 59.43%Net loans and leases to core deposits
  • 73.23%Equity capital to assets
  • 12.11%Core capital (leverage) ratio
  • 10.58%Tier 1 risk-based capital ratio
  • 22.71%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $137,493Average earning assets
  • $15,159Average equity
  • $130,327Average loans

List of branches

  • 2 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010140Union State Bank701 5th Street, Clay Center, KS 67432June 01, 1901Full Service Brick and Mortar
    1235803Drive-In Branch508 Dexter Street, Clay Center, KS 67432December 07, 1971Limited Service Facility

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