FDIC Certificate #: 8266 Status: Inactive Closing history: Corrections Acquiring institution:Metcalf Bank (#26247) Federal Reserve ID: 818755 Date Established: January 01, 1934 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 15909 FDIC's unique #: 5272 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: April 17, 2009 Last Structure Change Process Date: April 21, 2009 Last Data Update: April 21, 2009 Data Source Date: April 05, 2012
Location
Address: 535 South Sterling, Sugar Creek, MO 64054 County: Jackson 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: West Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760) Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312) Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140) CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
History of Changes
Absorption - Assisted
Corrections
Financial Summary
Total assets: $166.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
142Total employees (full-time equivalent)
$165,774Total assets
$42,370Cash and due from depository institutions
$623Interest-bearing balances
$9,673Securities
$278Federal funds sold & reverse repurchase agreements
$99,632Net loans & leases
$409Loan loss allowance
$0Trading account assets
$2,839Bank premises and fixed assets
$6,863Other real estate owned
$74Goodwill and other intangibles
$0Life insurance assets
$4,045All other assets
$165,774Total liabilities and capital
$176,311Total liabilities
$166,271Total deposits
$155,574Interest-bearing deposits
$166,271Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$500Other borrowed funds
$0Subordinated debt
$9,540All other liabilities
$-10,537Total equity capital
$-10,537Total bank equity capital
$-10,537Perpetual preferred stock
$0Common stock
$500Surplus
$25,770Undivided profits
Memoranda
$-36,807Noncurrent loans and leases
$18,857Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$11,947Earning assets
$0Long-term assets (5+ years)
$1,029Average Assets, year-to-date
$110,206Average Assets, quarterly
$0Volatile liabilities
$232,530Insider loans
$179,651FHLB advances
$35,493Loans and leases held for sale
$801Unused loan commitments
$500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$18,857Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$11,305Total interest income
$7,153Total interest expense
$4,152Net interest income
$4,952Provision for loan and lease losses
-$1,558Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
-$1,558Additional noninterest income
$44,422Total noninterest expense
$17,540Salaries and employee benefits
$5,618Premises and equipment expense
$21,264Additional noninterest expense
-$46,780Pre-tax net operating income
$9,173Securities gains (losses)
$3,271Applicable income taxes
-$40,878Income before extraordinary items
$0Extraordinary gains - net
-$40,878Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$3,833Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.84%Yield on earning assets
3.69%Cost of funding earning assets
2.14%Net interest margin
-0.80%Noninterest income to earning assets
22.95%Noninterest expense to earning assets
-21.52%Net operating income to assets
-17.58%Return on assets (ROA)
-16.17%Pretax return on assets
-500.65%Return on equity (ROE)
-500.65%Retained earnings to average equity (YTD only)
2.24%Net charge-offs to loans
129.19%Credit loss provision to net charge-offs
-10.91%Efficiency ratio
1,708,288Assets per employee
1.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.41%Loss allowance to noncurrent loans
3.42%Noncurrent assets plus other real estate owned to assets
11.35%Noncurrent loans to loans
11.94%Net loans and leases to deposits
59.92%Net loans and leases to core deposits
75.89%Equity capital to assets
-6.36%Core capital (leverage) ratio
-6.41%Tier 1 risk-based capital ratio
-13.30%Total risk-based capital ratio
Memoranda
-$13Average assets
$232,530Average earning assets
$8,165Average equity
$193,587Average loans
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