FDIC Certificate #: 17792 Status: Inactive Closing history: Corrections Acquiring institution:Community First Bank (#10595) Federal Reserve ID: 222053 Date Established: October 15, 1902 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 4 (Interstate: No) OTS Docket #: 12873 FDIC's unique #: 11741 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: July 24, 1957 Last Structure Change Effective Date: April 30, 2010 Last Structure Change Process Date: May 03, 2010 Last Data Update: May 03, 2010 Data Source Date: April 05, 2012
Location
Address: 1109 W. Ft. Scott Street, Butler, MO 64730 County: Bates 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 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: $52.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
34Total employees (full-time equivalent)
$67,162Total assets
$14,466Cash and due from depository institutions
$8,883Interest-bearing balances
$3,761Securities
$1,457Federal funds sold & reverse repurchase agreements
$37,298Net loans & leases
$2,053Loan loss allowance
$0Trading account assets
$2,354Bank premises and fixed assets
$3,698Other real estate owned
$0Goodwill and other intangibles
$2,566Life insurance assets
$4,128All other assets
$67,162Total liabilities and capital
$65,720Total liabilities
$54,926Total deposits
$44,690Interest-bearing deposits
$54,926Deposits held in domestic offices
95.02%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$10,500Other borrowed funds
$0Subordinated debt
$294All other liabilities
$1,442Total equity capital
$1,442Total bank equity capital
$1,442Perpetual preferred stock
$0Common stock
$700Surplus
$7,125Undivided profits
Memoranda
$-6,383Noncurrent loans and leases
$2,791Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,096Earning assets
$0Long-term assets (5+ years)
$246Average Assets, year-to-date
$51,399Average Assets, quarterly
$2,053Volatile liabilities
$83,000Insider loans
$73,578FHLB advances
$17,597Loans and leases held for sale
$168Unused loan commitments
$10,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,791Total unused commitments
$0Restructured Loans and leases
$536Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$3,540Total interest income
$2,223Total interest expense
$1,317Net interest income
$2,660Provision for loan and lease losses
$398Total noninterest income
$0Fiduciary activities
$305Service charges on deposit accounts
$0Trading account gains & fees
$93Additional noninterest income
$6,946Total noninterest expense
$1,994Salaries and employee benefits
$956Premises and equipment expense
$3,996Additional noninterest expense
-$7,891Pre-tax net operating income
$65Securities gains (losses)
-$198Applicable income taxes
-$7,628Income before extraordinary items
$0Extraordinary gains - net
-$7,628Net income attributable to bank
$0Net charge-offs
-$7,628Cash dividends
$1,691Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.42%Yield on earning assets
3.40%Cost of funding earning assets
2.02%Net interest margin
0.61%Noninterest income to earning assets
10.63%Noninterest expense to earning assets
-9.27%Net operating income to assets
-9.19%Return on assets (ROA)
-9.43%Pretax return on assets
-140.45%Return on equity (ROE)
-140.45%Retained earnings to average equity (YTD only)
3.25%Net charge-offs to loans
157.30%Credit loss provision to net charge-offs
-3.09%Efficiency ratio
279,242Assets per employee
1.98%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.22%Loss allowance to noncurrent loans
66.31%Noncurrent assets plus other real estate owned to assets
10.12%Noncurrent loans to loans
7.87%Net loans and leases to deposits
67.91%Net loans and leases to core deposits
86.08%Equity capital to assets
2.15%Core capital (leverage) ratio
1.84%Tier 1 risk-based capital ratio
3.48%Total risk-based capital ratio
Memoranda
$5Average assets
$83,000Average earning assets
$5,431Average equity
$65,327Average loans
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