First Bank in city_name, state_name - Detailed Financial Reports, Location

First Bank in Sterling, Kansas (KS)
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First Bank - Overview

General
FDIC Certificate #: 16473
Status: Active
Federal Reserve ID: 49652
Bank Holding Company (Regulatory Top Holder): Coronado, Inc. (RSSDID: 1055351, Location: Sterling, KS)
Date Established: January 01, 1907
WWW: http://www.first-bank.net
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 10637
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: August 26, 1946
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 128 South Broadway Avenue, Sterling, KS 67579
County: Rice
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
History of Changes
Corrections
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $113.9 mil
Equity capital: $14.7 mil
Deposits held in domestic offices: $84.3 mil
Return on assets (ROA): 1.23% ($1.4 mil)
Quarterly return on assets: 1.24% ($1.4 mil)
Return on Equity (ROE): 10.05% ($1.5 mil)
Quarterly return on equity: 9.66% ($1.4 mil)
Net income: $1.4 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.48% ($1,685.7 mil)
Quarterly Pretax return on assets: 1.42% ($1,617.3 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, 2011)

Dollar figures in thousands
30Total employees (full-time equivalent)
$113,896Total assets
$3,144Cash and due from depository institutions
$255Interest-bearing balances
$39,856Securities
$985Federal funds sold & reverse repurchase agreements
$64,186Net loans & leases
$1,902Loan loss allowance
$0Trading account assets
$1,156Bank premises and fixed assets
$70Other real estate owned
$36Goodwill and other intangibles
$113,896Life insurance assets
$4,463All other assets
$99,212Total liabilities and capital
$84,332Total liabilities
$70,025Total deposits
$84,332Interest-bearing deposits
$81Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$14,230Trading liabilities
$0Other borrowed funds
$650Subordinated debt
$14,684All other liabilities
$14,684Total equity capital
$14,684Total bank equity capital
$0Perpetual preferred stock
$120Common stock
$4,001Surplus
$10,563Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$543Income earned, not collected on loans
$0Earning assets
$1,286Long-term assets (5+ years)
$105,282Average Assets, year-to-date
$27,207Average Assets, quarterly
$112,842Volatile liabilities
$113,038Insider loans
$75,446FHLB advances
$113,747Loans and leases held for sale
$2,027Unused loan commitments
$2,027Tier 1 (core) risk-based capital
$13,624Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$18,709Restructured Loans and leases
$3,471Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,121Total interest income
$872Total interest expense
$4,249Net interest income
$205Provision for loan and lease losses
$463Total noninterest income
$0Fiduciary activities
$179Service charges on deposit accounts
$0Trading account gains & fees
$284Additional noninterest income
$2,936Total noninterest expense
$1,741Salaries and employee benefits
$251Premises and equipment expense
$944Additional noninterest expense
$1,571Pre-tax net operating income
$96Securities gains (losses)
$276Applicable income taxes
$1,391Income before extraordinary items
$0Extraordinary gains - net
$1,391Net income attributable to bank
$0Net charge-offs
$1,391Cash dividends
-$34Sale, conversion, retirement of capital stock, net
$372Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.84%Yield on earning assets
0.82%Cost of funding earning assets
4.02%Net interest margin
0.44%Noninterest income to earning assets
2.78%Noninterest expense to earning assets
1.16%Net operating income to assets
1.23%Return on assets (ROA)
1.48%Pretax return on assets
10.05%Return on equity (ROE)
7.37%Retained earnings to average equity (YTD only)
-0.05%Net charge-offs to loans
-602.94%Credit loss provision to net charge-offs
0.00%Efficiency ratio
62,309Assets per employee
3.80%Cash dividends to net income (YTD only)
Condition Ratios (%)
26.74%Loss allowance to loans
2.88%Loss allowance to noncurrent loans
350.28%Noncurrent assets plus other real estate owned to assets
0.54%Noncurrent loans to loans
0.82%Net loans and leases to deposits
76.11%Net loans and leases to core deposits
79.58%Equity capital to assets
12.89%Core capital (leverage) ratio
11.98%Tier 1 risk-based capital ratio
18.06%Total risk-based capital ratio
Memoranda
$19Average assets
$112,842Average earning assets
$13,835Average equity
$105,699Average loans

Total Fiduciary and Related Assets (December 31, 2005)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$166Managed Assets
1Number of Accounts
$166Personal trust and agency accounts
$166Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

3 Kansas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	10637	First Bank	128 South Broadway Avenue, Sterling, KS 67579	January 01, 1907	Full Service Brick and Mortar
2	8778	Coronado Branch	201 East Avenue South, Lyons, KS 67554	January 01, 1934	Full Service Brick and Mortar
3	10821	Chase Branch	Main Street, Chase, KS 67524	January 01, 1902	Full Service Brick and Mortar

First Bank in Sterling, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2005)

List of branches

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

First Bank in Sterling, Kansas (KS)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2005)

List of branches

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

First Bank in Sterling, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches