FDIC Certificate #: 1651 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:Tightwad Bank (#17366) Federal Reserve ID: 6057 Date Established: May 02, 1928 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 12316 FDIC's unique #: 1086 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: January 01, 1934 Last Structure Change Effective Date: March 27, 2008 Last Structure Change Process Date: April 08, 2008 Last Data Update: April 08, 2008 Data Source Date: April 05, 2012
Location
Address: Main Street, Hale, MO 64643 County: Carroll Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Kansas City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
Financial Summary
Total assets: $17.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
7Total employees (full-time equivalent)
$17,505Total assets
$703Cash and due from depository institutions
$57Interest-bearing balances
$2,729Securities
$830Federal funds sold & reverse repurchase agreements
$12,420Net loans & leases
$136Loan loss allowance
$0Trading account assets
$195Bank premises and fixed assets
$169Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$459All other assets
$17,505Total liabilities and capital
$15,957Total liabilities
$15,341Total deposits
$12,587Interest-bearing deposits
$15,341Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$500Other borrowed funds
$0Subordinated debt
$116All other liabilities
$1,548Total equity capital
$1,548Total bank equity capital
$1,548Perpetual preferred stock
$0Common stock
$25Surplus
$100Undivided profits
Memoranda
$1,423Noncurrent loans and leases
$466Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$12Earning assets
$0Long-term assets (5+ years)
$175Average Assets, year-to-date
$16,036Average Assets, quarterly
$1,467Volatile liabilities
$16,843Insider loans
$17,073FHLB advances
$1,285Loans and leases held for sale
$62Unused loan commitments
$500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$466Total unused commitments
$0Restructured Loans and leases
$136Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$1,243Total interest income
$536Total interest expense
$707Net interest income
$121Provision for loan and lease losses
$131Total noninterest income
$0Fiduciary activities
$73Service charges on deposit accounts
$0Trading account gains & fees
$58Additional noninterest income
$698Total noninterest expense
$450Salaries and employee benefits
$55Premises and equipment expense
$193Additional noninterest expense
$19Pre-tax net operating income
$0Securities gains (losses)
$2Applicable income taxes
$17Income before extraordinary items
$0Extraordinary gains - net
$17Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$184Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.95%Yield on earning assets
3.43%Cost of funding earning assets
4.52%Net interest margin
0.84%Noninterest income to earning assets
4.47%Noninterest expense to earning assets
0.10%Net operating income to assets
0.10%Return on assets (ROA)
0.11%Pretax return on assets
1.13%Return on equity (ROE)
1.13%Retained earnings to average equity (YTD only)
1.48%Net charge-offs to loans
65.76%Credit loss provision to net charge-offs
0.76%Efficiency ratio
83,294Assets per employee
2.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.08%Loss allowance to noncurrent loans
1133.33%Noncurrent assets plus other real estate owned to assets
1.03%Noncurrent loans to loans
0.10%Net loans and leases to deposits
80.96%Net loans and leases to core deposits
88.36%Equity capital to assets
8.84%Core capital (leverage) ratio
9.06%Tier 1 risk-based capital ratio
12.55%Total risk-based capital ratio
Memoranda
$14Average assets
$16,843Average earning assets
$1,507Average equity
$15,629Average loans
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