Bank of Palmer in city_name, state_name - Detailed Financial Reports, Location

Bank of Palmer in Palmer, Kansas (KS)
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Bank of Palmer routing number info

Bank of Palmer - Overview

General
FDIC Certificate #: 13710
Status: Active
Federal Reserve ID: 182353
Date Established: July 04, 1887
WWW: http://www.bankofpalmer.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 8569
Numeric code: 21
Regulator: FDIC
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: January 20, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: September 28, 2010
Last Data Update: September 28, 2010
Data Source Date: April 05, 2012
Location
Address: 104 East Second Street, Palmer, KS 66962
County: Washington
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
Merge BIF and SAIF Funds into DIF
Corrections
Financial Summary
Total assets: $39.5 mil
Equity capital: $3.6 mil
Deposits held in domestic offices: $33.9 mil
Return on assets (ROA): 0.66% ($0.3 mil)
Quarterly return on assets: 0.26% ($0.1 mil)
Return on Equity (ROE): 7.79% ($0.3 mil)
Quarterly return on equity: 2.78% ($0.1 mil)
Net income: $0.3 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 0.71% ($280.4 mil)
Quarterly Pretax return on assets: 0.13% ($51.3 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
8Total employees (full-time equivalent)
$39,497Total assets
$431Cash and due from depository institutions
$65Interest-bearing balances
$14,303Securities
$93Federal funds sold & reverse repurchase agreements
$23,998Net loans & leases
$284Loan loss allowance
$0Trading account assets
$11Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$39,497Life insurance assets
$661All other assets
$35,876Total liabilities and capital
$33,905Total liabilities
$30,555Total deposits
$33,905Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,800Trading liabilities
$0Other borrowed funds
$171Subordinated debt
$3,621All other liabilities
$3,621Total equity capital
$3,621Total bank equity capital
$0Perpetual preferred stock
$30Common stock
$120Surplus
$3,471Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$239Income earned, not collected on loans
$0Earning assets
$459Long-term assets (5+ years)
$38,459Average Assets, year-to-date
$17,569Average Assets, quarterly
$39,058Volatile liabilities
$38,962Insider loans
$25,438FHLB advances
$39,070Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,176Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,960Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,797Total interest income
$691Total interest expense
$1,106Net interest income
$12Provision for loan and lease losses
$96Total noninterest income
$0Fiduciary activities
$78Service charges on deposit accounts
$0Trading account gains & fees
$18Additional noninterest income
$969Total noninterest expense
$687Salaries and employee benefits
$84Premises and equipment expense
$198Additional noninterest expense
$221Pre-tax net operating income
$55Securities gains (losses)
$18Applicable income taxes
$258Income before extraordinary items
$0Extraordinary gains - net
$258Net income attributable to bank
$0Net charge-offs
$258Cash dividends
$2Sale, conversion, retirement of capital stock, net
$18Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.73%Yield on earning assets
1.82%Cost of funding earning assets
2.91%Net interest margin
0.25%Noninterest income to earning assets
2.55%Noninterest expense to earning assets
0.53%Net operating income to assets
0.66%Return on assets (ROA)
0.71%Pretax return on assets
7.79%Return on equity (ROE)
7.24%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
600.00%Credit loss provision to net charge-offs
116.50%Efficiency ratio
80,616Assets per employee
4.94%Cash dividends to net income (YTD only)
Condition Ratios (%)
6.98%Loss allowance to loans
1.17%Loss allowance to noncurrent loans
118.83%Noncurrent assets plus other real estate owned to assets
0.61%Noncurrent loans to loans
0.98%Net loans and leases to deposits
70.78%Net loans and leases to core deposits
71.90%Equity capital to assets
9.17%Core capital (leverage) ratio
8.13%Tier 1 risk-based capital ratio
12.49%Total risk-based capital ratio
Memoranda
$14Average assets
$39,058Average earning assets
$3,313Average equity
$38,020Average loans

List of branches

2 Kansas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	8569	Bank Of Palmer	104 East Second Street, Palmer, KS 66962	July 04, 1887	Full Service Brick and Mortar
1	229893	Barnes Branch	101 Center Street, Barnes, KS 66933	July 18, 1996	Full Service Brick and Mortar

Bank of Palmer in Palmer, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Palmer - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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Bank of Palmer in Palmer, Kansas (KS)Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Palmer - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Bank of Palmer in Palmer, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches