FDIC Certificate #: 4620 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Citizens State Bank (#5495) Federal Reserve ID: 980157 Date Established: March 19, 1913 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) FDIC's unique #: 3063 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: January 01, 1934 Last Structure Change Effective Date: October 16, 2010 Last Structure Change Process Date: October 19, 2010 Last Data Update: October 19, 2010 Data Source Date: April 05, 2012
Location
Address: 116 South Lincoln St, Arlington, KS 67514 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: $59.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
15Total employees (full-time equivalent)
$47,887Total assets
$1,729Cash and due from depository institutions
$1,191Interest-bearing balances
$8,984Securities
$4,128Federal funds sold & reverse repurchase agreements
$30,301Net loans & leases
$417Loan loss allowance
$0Trading account assets
$1,092Bank premises and fixed assets
$92Other real estate owned
$394Goodwill and other intangibles
$0Life insurance assets
$1,167All other assets
$47,887Total liabilities and capital
$43,264Total liabilities
$43,185Total deposits
$36,117Interest-bearing deposits
$43,185Deposits held in domestic offices
92.13%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$79All other liabilities
$4,623Total equity capital
$4,623Total bank equity capital
$4,623Perpetual preferred stock
$0Common stock
$218Surplus
$2,199Undivided profits
Memoranda
$2,206Noncurrent loans and leases
$6,131Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$174Earning assets
$0Long-term assets (5+ years)
$617Average Assets, year-to-date
$44,604Average Assets, quarterly
$6,257Volatile liabilities
$47,105Insider loans
$46,901FHLB advances
$6,938Loans and leases held for sale
$1,012Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,131Total unused commitments
$0Restructured Loans and leases
$417Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$2,192Total interest income
$755Total interest expense
$1,437Net interest income
$50Provision for loan and lease losses
$276Total noninterest income
$0Fiduciary activities
$217Service charges on deposit accounts
$0Trading account gains & fees
$59Additional noninterest income
$1,394Total noninterest expense
$656Salaries and employee benefits
$180Premises and equipment expense
$558Additional noninterest expense
$269Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$269Income before extraordinary items
$0Extraordinary gains - net
$269Net income attributable to bank
$0Net charge-offs
$269Cash dividends
$139Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.06%Yield on earning assets
1.74%Cost of funding earning assets
3.32%Net interest margin
0.64%Noninterest income to earning assets
3.22%Noninterest expense to earning assets
0.57%Net operating income to assets
0.57%Return on assets (ROA)
0.57%Pretax return on assets
5.98%Return on equity (ROE)
5.98%Retained earnings to average equity (YTD only)
0.46%Net charge-offs to loans
35.97%Credit loss provision to net charge-offs
2.29%Efficiency ratio
81,378Assets per employee
3.19%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.36%Loss allowance to noncurrent loans
239.66%Noncurrent assets plus other real estate owned to assets
0.56%Noncurrent loans to loans
0.57%Net loans and leases to deposits
70.17%Net loans and leases to core deposits
83.60%Equity capital to assets
9.65%Core capital (leverage) ratio
8.88%Tier 1 risk-based capital ratio
11.47%Total risk-based capital ratio
Memoranda
$13Average assets
$47,105Average earning assets
$4,495Average equity
$43,298Average loans
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