Boatmen's Bank of Kennett in Kennett, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 13, 1997

Boatmen's Bank of Kennett in Kennett, Missouri (MO)
Show street view No street view available for this location

Boatmen's Bank of Kennett - Overview

General
FDIC Certificate #: 1630
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank of America, National Association (#15802)
Federal Reserve ID: 918758
Date Established: January 01, 1890
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 1070
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: January 01, 1934
Last Structure Change Effective Date: June 13, 1997
Last Structure Change Process Date: June 24, 1997
Last Data Update: June 24, 1997
Data Source Date: April 05, 2012
Location
Address: 209 North Main Street, Kennett, MO 63857
County: Dunklin
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Atlanta
FDIC Field Office: St. Louis
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Kennett, MO (#28380)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $137.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$46Total assets
$126,067Cash and due from depository institutions
$4,912Interest-bearing balances
$0Securities
$32,210Federal funds sold & reverse repurchase agreements
$11,300Net loans & leases
$74,790Loan loss allowance
$1,319Trading account assets
$0Bank premises and fixed assets
$1,121Other real estate owned
$0Goodwill and other intangibles
$1,734Life insurance assets
$0All other assets
$0Total liabilities and capital
$126,067Total liabilities
$116,029Total deposits
$114,823Interest-bearing deposits
$97,378Deposits held in domestic offices
114823.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,206Total equity capital
$1,206Total bank equity capital
$10,038Perpetual preferred stock
$0Common stock
$1,000Surplus
$500Undivided profits
Memoranda
$8,538Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$68Income earned, not collected on loans
$943Earning assets
$118,300Long-term assets (5+ years)
$32,541Average Assets, year-to-date
$127,940Average Assets, quarterly
$127,701Volatile liabilities
$7,616Insider loans
$4,714FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$8,744Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$10,021Total risk weighted assets
$73,206Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$9,962Total interest expense
$4,238Net interest income
$5,724Provision for loan and lease losses
$209Total noninterest income
$640Fiduciary activities
$32Service charges on deposit accounts
$445Trading account gains & fees
$0Additional noninterest income
$163Total noninterest expense
$2,567Salaries and employee benefits
$1,505Premises and equipment expense
$291Additional noninterest expense
$771Pre-tax net operating income
$3,588Securities gains (losses)
$5Applicable income taxes
$1,099Income before extraordinary items
$2,494Extraordinary gains - net
$0Net income attributable to bank
$2,494Net charge-offs
$118Cash dividends
$2,056Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.26%Cost of funding earning assets
3.51%Net interest margin
4.74%Noninterest income to earning assets
0.53%Noninterest expense to earning assets
2.13%Net operating income to assets
1.95%Return on assets (ROA)
1.95%Pretax return on assets
2.81%Return on equity (ROE)
25.50%Retained earnings to average equity (YTD only)
4.48%Net charge-offs to loans
0.15%Credit loss provision to net charge-offs
177.12%Efficiency ratio
40,336Assets per employee
2.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
82.44%Loss allowance to loans
1.73%Loss allowance to noncurrent loans
1939.71%Noncurrent assets plus other real estate owned to assets
0.05%Noncurrent loans to loans
0.09%Net loans and leases to deposits
65.14%Net loans and leases to core deposits
69.76%Equity capital to assets
7.96%Core capital (leverage) ratio
7.95%Tier 1 risk-based capital ratio
13.69%Total risk-based capital ratio
Memoranda
$15Average assets
$127,940Average earning assets
$9,781Average equity
$120,665Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Boatmen's Bank of Kennett.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.