Fidelity State Bank in Garden City, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 24, 1998

Fidelity State Bank in Garden City, Kansas (KS)
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Fidelity State Bank - Overview

General
FDIC Certificate #: 8104
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Commerce Bank, National Association (#10911)
Federal Reserve ID: 925457
Date Established: October 27, 1924
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Interstate: No)
FDIC's unique #: 5156
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: November 24, 1998
Last Structure Change Process Date: Febuary 01, 1999
Last Data Update: Febuary 01, 1999
Data Source Date: April 05, 2012
Location
Address: 215 North Main Street, Garden City, KS 67846
County: Finney
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
Core Based Statistical Area (CBSA): Garden City, KS (#23780)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $171.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
90Total employees (full-time equivalent)
$177,574Total assets
$13,722Cash and due from depository institutions
$0Interest-bearing balances
$40,776Securities
$0Federal funds sold & reverse repurchase agreements
$116,773Net loans & leases
$2,515Loan loss allowance
$0Trading account assets
$3,555Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,748All other assets
$177,574Total liabilities and capital
$163,656Total liabilities
$161,710Total deposits
$148,423Interest-bearing deposits
$161,710Deposits held in domestic offices
0.00%% insured (estimated)
$1,125Federal funds purchased & repurchase agreements
$0Trading liabilities
$38Other borrowed funds
$0Subordinated debt
$783All other liabilities
$13,918Total equity capital
$13,918Total bank equity capital
$13,918Perpetual preferred stock
$0Common stock
$1,000Surplus
$4,000Undivided profits
Memoranda
$8,918Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,322Earning assets
$0Long-term assets (5+ years)
$1,706Average Assets, year-to-date
$157,549Average Assets, quarterly
$3,541Volatile liabilities
$166,641Insider loans
$173,836FHLB advances
$34,082Loans and leases held for sale
$4,843Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$163Total risk weighted assets
$54,995Total unused commitments
$0Restructured Loans and leases
$146,691Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$12,933Total interest income
$6,303Total interest expense
$6,630Net interest income
$458Provision for loan and lease losses
$1,674Total noninterest income
$296Fiduciary activities
$493Service charges on deposit accounts
$0Trading account gains & fees
$885Additional noninterest income
$4,873Total noninterest expense
$2,700Salaries and employee benefits
$782Premises and equipment expense
$1,391Additional noninterest expense
$2,973Pre-tax net operating income
$0Securities gains (losses)
$1,080Applicable income taxes
$1,893Income before extraordinary items
$0Extraordinary gains - net
$1,893Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$60Sale, conversion, retirement of capital stock, net
$900Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.54%Yield on earning assets
4.16%Cost of funding earning assets
4.38%Net interest margin
1.11%Noninterest income to earning assets
3.22%Noninterest expense to earning assets
1.14%Net operating income to assets
1.14%Return on assets (ROA)
1.78%Pretax return on assets
14.17%Return on equity (ROE)
7.43%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
763.33%Credit loss provision to net charge-offs
57.18%Efficiency ratio
58,683Assets per employee
1.97%Cash dividends to net income (YTD only)
Condition Ratios (%)
47.54%Loss allowance to loans
2.11%Loss allowance to noncurrent loans
190.24%Noncurrent assets plus other real estate owned to assets
0.74%Noncurrent loans to loans
1.11%Net loans and leases to deposits
72.21%Net loans and leases to core deposits
90.70%Equity capital to assets
7.84%Core capital (leverage) ratio
8.07%Tier 1 risk-based capital ratio
9.47%Total risk-based capital ratio
Memoranda
$11Average assets
$166,641Average earning assets
$13,362Average equity
$151,426Average loans

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