FDIC Certificate #: 17594 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The First National Bank of Hutchinson (#4697) Federal Reserve ID: 993652 Date Established: January 01, 1934 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 52854 FDIC's unique #: 11566 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: May 10, 1956 Last Structure Change Effective Date: May 10, 2010 Last Structure Change Process Date: May 20, 2010 Last Data Update: May 20, 2010 Data Source Date: April 05, 2012
Location
Address: 101 North Kansas Street, Haven, KS 67543 County: Reno Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Wichita Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Core Based Statistical Area (CBSA): Hutchinson, KS (#26740) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $22.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
10Total employees (full-time equivalent)
$22,226Total assets
$2,921Cash and due from depository institutions
$0Interest-bearing balances
$3,462Securities
$2,725Federal funds sold & reverse repurchase agreements
$10,253Net loans & leases
$437Loan loss allowance
$0Trading account assets
$267Bank premises and fixed assets
$920Other real estate owned
$0Goodwill and other intangibles
$921Life insurance assets
$1,678All other assets
$22,226Total liabilities and capital
$20,152Total liabilities
$19,837Total deposits
$18,142Interest-bearing deposits
$19,837Deposits held in domestic offices
99.37%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$315All other liabilities
$2,074Total equity capital
$2,074Total bank equity capital
$2,074Perpetual preferred stock
$0Common stock
$130Surplus
$770Undivided profits
Memoranda
$1,174Noncurrent loans and leases
$744Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$352Earning assets
$0Long-term assets (5+ years)
$119Average Assets, year-to-date
$16,440Average Assets, quarterly
$3,807Volatile liabilities
$23,475Insider loans
$22,605FHLB advances
$1,664Loans and leases held for sale
$183Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$744Total unused commitments
$280Restructured Loans and leases
$174Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$964Total interest income
$323Total interest expense
$641Net interest income
$395Provision for loan and lease losses
$186Total noninterest income
$0Fiduciary activities
$89Service charges on deposit accounts
$0Trading account gains & fees
$97Additional noninterest income
$1,136Total noninterest expense
$589Salaries and employee benefits
$95Premises and equipment expense
$452Additional noninterest expense
-$704Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$704Income before extraordinary items
$0Extraordinary gains - net
-$704Net income attributable to bank
$0Net charge-offs
-$704Cash dividends
$342Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.36%Yield on earning assets
1.80%Cost of funding earning assets
3.56%Net interest margin
1.03%Noninterest income to earning assets
6.32%Noninterest expense to earning assets
-3.00%Net operating income to assets
-3.00%Return on assets (ROA)
-3.00%Pretax return on assets
-32.93%Return on equity (ROE)
-32.93%Retained earnings to average equity (YTD only)
3.02%Net charge-offs to loans
115.50%Credit loss provision to net charge-offs
-0.90%Efficiency ratio
137,364Assets per employee
2.22%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.09%Loss allowance to noncurrent loans
124.15%Noncurrent assets plus other real estate owned to assets
5.72%Noncurrent loans to loans
3.29%Net loans and leases to deposits
51.69%Net loans and leases to core deposits
56.42%Equity capital to assets
9.33%Core capital (leverage) ratio
7.12%Tier 1 risk-based capital ratio
11.36%Total risk-based capital ratio
Memoranda
$13Average assets
$23,475Average earning assets
$2,138Average equity
$17,987Average loans
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