Western National Bank in Summerfield, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

Western National Bank - Overview

  • General
  • FDIC Certificate #: 4778
    Status: Active
    Federal Reserve ID: 199351
    Bank Holding Company (Regulatory Top Holder): Summerfield Financial Services, Llc (RSSDID: 3822632, Location: Lincoln, NE)
    Date Established: April 07, 1917
    WWW: http://www.mywnb.com
    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: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 3191
    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: November 01, 2009
    Last Structure Change Process Date: December 08, 2009
    Last Data Update: December 08, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 401 Main Street, Summerfield, KS 66541
    County: Marshall
    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
  • Corrections
    Name Change
  • Financial Summary
  • Total assets: $27.3 mil
    Equity capital: $3.5 mil
    Deposits held in domestic offices: $20.8 mil
    Return on assets (ROA): 0.97% ($0.3 mil)
    Quarterly return on assets: 1.47% ($0.4 mil)
    Return on Equity (ROE): 7.43% ($0.3 mil)
    Quarterly return on equity: 11.39% ($0.5 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.00% ($273.2 mil)
    Quarterly Pretax return on assets: 1.58% ($431.7 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
  • 4Total employees (full-time equivalent)
  • $27,324Total assets
  • $1,780Cash and due from depository institutions
  • $1,305Interest-bearing balances
  • $57Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $23,795Net loans & leases
  • $284Loan loss allowance
  • $0Trading account assets
  • $93Bank premises and fixed assets
  • $29Other real estate owned
  • $968Goodwill and other intangibles
  • $27,324Life insurance assets
  • $602All other assets
  • $23,813Total liabilities and capital
  • $20,778Total liabilities
  • $19,483Total deposits
  • $20,778Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,000Trading liabilities
  • $0Other borrowed funds
  • $35Subordinated debt
  • $3,511All other liabilities
  • $3,511Total equity capital
  • $3,511Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $3,407Surplus
  • $4Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $233Long-term assets (5+ years)
  • $25,157Average Assets, year-to-date
  • $789Average Assets, quarterly
  • $26,164Volatile liabilities
  • $27,141Insider loans
  • $21,696FHLB advances
  • $26,115Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,541Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,253Restructured Loans and leases
  • $770Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,221Total interest income
  • $368Total interest expense
  • $853Net interest income
  • $72Provision for loan and lease losses
  • $86Total noninterest income
  • $0Fiduciary activities
  • $9Service charges on deposit accounts
  • $0Trading account gains & fees
  • $77Additional noninterest income
  • $605Total noninterest expense
  • $295Salaries and employee benefits
  • $73Premises and equipment expense
  • $237Additional noninterest expense
  • $262Pre-tax net operating income
  • $0Securities gains (losses)
  • $7Applicable income taxes
  • $255Income before extraordinary items
  • $0Extraordinary gains - net
  • $255Net income attributable to bank
  • $0Net charge-offs
  • $255Cash dividends
  • $4Sale, conversion, retirement of capital stock, net
  • $100Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.08%Yield on earning assets
  • 1.53%Cost of funding earning assets
  • 3.55%Net interest margin
  • 0.36%Noninterest income to earning assets
  • 2.52%Noninterest expense to earning assets
  • 0.97%Net operating income to assets
  • 0.97%Return on assets (ROA)
  • 1.00%Pretax return on assets
  • 7.43%Return on equity (ROE)
  • 4.52%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 1800.00%Credit loss provision to net charge-offs
  • 83.50%Efficiency ratio
  • 64,430Assets per employee
  • 6.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 39.22%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.11%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 114.52%Net loans and leases to core deposits
  • 121.54%Equity capital to assets
  • 12.85%Core capital (leverage) ratio
  • 9.73%Tier 1 risk-based capital ratio
  • 11.71%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $26,164Average earning assets
  • $3,432Average equity
  • $24,030Average loans

List of branches

  • 1 Kansas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03191Western National Bank401 Main Street, Summerfield, KS 66541April 07, 1917Full Service Brick and Mortar

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