Bank One in Otis, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 14, 1995

Bank One in Otis, Kansas (KS)
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Bank One - Overview

General
FDIC Certificate #: 16518
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community Bank of the Midwest (#4646)
Federal Reserve ID: 286354
Date Established: May 19, 1904
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 10673
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: December 12, 1946
Last Structure Change Effective Date: July 14, 1995
Last Structure Change Process Date: September 19, 1995
Last Data Update: September 19, 1995
Data Source Date: April 05, 2012
Location
Address: Main Street, Otis, KS 67565
County: Rush
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
Financial Summary
Total assets: $10.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$9Total assets
$10,821Cash and due from depository institutions
$2,169Interest-bearing balances
$1,692Securities
$2,344Federal funds sold & reverse repurchase agreements
$75Net loans & leases
$5,685Loan loss allowance
$70Trading account assets
$0Bank premises and fixed assets
$379Other real estate owned
$3Goodwill and other intangibles
$166Life insurance assets
$0All other assets
$0Total liabilities and capital
$10,821Total liabilities
$10,052Total deposits
$9,899Interest-bearing deposits
$8,276Deposits held in domestic offices
9899.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$153Total equity capital
$153Total bank equity capital
$769Perpetual preferred stock
$0Common stock
$100Surplus
$325Undivided profits
Memoranda
$344Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$40Income earned, not collected on loans
$59Earning assets
$9,796Long-term assets (5+ years)
$1,038Average Assets, year-to-date
$10,570Average Assets, quarterly
$10,913Volatile liabilities
$1,500Insider loans
$207FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$128Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$769Total risk weighted assets
$6,736Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$724Total interest expense
$274Net interest income
$450Provision for loan and lease losses
-$5Total noninterest income
$57Fiduciary activities
$0Service charges on deposit accounts
$45Trading account gains & fees
$0Additional noninterest income
$12Total noninterest expense
$463Salaries and employee benefits
$270Premises and equipment expense
$69Additional noninterest expense
$124Pre-tax net operating income
$49Securities gains (losses)
-$13Applicable income taxes
$8Income before extraordinary items
$28Extraordinary gains - net
$0Net income attributable to bank
$28Net charge-offs
$4Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.43%Cost of funding earning assets
2.81%Net interest margin
4.62%Noninterest income to earning assets
0.59%Noninterest expense to earning assets
4.75%Net operating income to assets
0.36%Return on assets (ROA)
0.26%Pretax return on assets
0.34%Return on equity (ROE)
3.74%Retained earnings to average equity (YTD only)
3.74%Net charge-offs to loans
0.07%Credit loss provision to net charge-offs
-125.00%Efficiency ratio
91,321Assets per employee
1.20%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.22%Loss allowance to noncurrent loans
175.00%Noncurrent assets plus other real estate owned to assets
0.40%Noncurrent loans to loans
0.70%Net loans and leases to deposits
57.43%Net loans and leases to core deposits
67.69%Equity capital to assets
7.11%Core capital (leverage) ratio
6.93%Tier 1 risk-based capital ratio
11.42%Total risk-based capital ratio
Memoranda
$12Average assets
$10,570Average earning assets
$749Average equity
$9,740Average loans

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