First State Bank of Higginsville/Odessa in city_name, state_name

First State Bank of Higginsville/Odessa in Higginsville, Missouri (MO)
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First State Bank of Higginsville/Odessa - Overview

General
FDIC Certificate #: 22842
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Central Bank (#25268)
Federal Reserve ID: 962555
Date Established: April 11, 1979
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 15958
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: April 11, 1979
Last Structure Change Effective Date: November 20, 1998
Last Structure Change Process Date: January 27, 1999
Last Data Update: January 27, 1999
Data Source Date: April 05, 2012
Location
Address: 401-415 Fairground Avenue, Higginsville, MO 64037
County: Lafayette
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
Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760)
Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312)
Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140)
CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
Financial Summary
Total assets: $37.1 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
18Total employees (full-time equivalent)
$35,637Total assets
$2,337Cash and due from depository institutions
$0Interest-bearing balances
$9,330Securities
$3,130Federal funds sold & reverse repurchase agreements
$19,656Net loans & leases
$200Loan loss allowance
$0Trading account assets
$733Bank premises and fixed assets
$84Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$367All other assets
$35,637Total liabilities and capital
$32,746Total liabilities
$32,112Total deposits
$27,562Interest-bearing deposits
$32,112Deposits held in domestic offices
0.00%% insured (estimated)
$460Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$174All other liabilities
$2,891Total equity capital
$2,891Total bank equity capital
$2,891Perpetual preferred stock
$0Common stock
$300Surplus
$300Undivided profits
Memoranda
$2,291Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$51Earning assets
$0Long-term assets (5+ years)
$205Average Assets, year-to-date
$32,116Average Assets, quarterly
$1,261Volatile liabilities
$33,344Insider loans
$35,034FHLB advances
$5,788Loans and leases held for sale
$75Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$730Total risk weighted assets
$3,912Total unused commitments
$0Restructured Loans and leases
$22,003Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$2,611Total interest income
$1,190Total interest expense
$1,421Net interest income
$0Provision for loan and lease losses
$228Total noninterest income
$0Fiduciary activities
$192Service charges on deposit accounts
$0Trading account gains & fees
$36Additional noninterest income
$1,034Total noninterest expense
$511Salaries and employee benefits
$155Premises and equipment expense
$368Additional noninterest expense
$615Pre-tax net operating income
$46Securities gains (losses)
$193Applicable income taxes
$468Income before extraordinary items
$0Extraordinary gains - net
$468Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$12Sale, conversion, retirement of capital stock, net
$80Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.68%Yield on earning assets
3.95%Cost of funding earning assets
4.72%Net interest margin
0.76%Noninterest income to earning assets
3.44%Noninterest expense to earning assets
1.31%Net operating income to assets
1.40%Return on assets (ROA)
1.98%Pretax return on assets
17.64%Return on equity (ROE)
14.63%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
51.25%Efficiency ratio
62,705Assets per employee
1.98%Cash dividends to net income (YTD only)
Condition Ratios (%)
17.09%Loss allowance to loans
1.01%Loss allowance to noncurrent loans
392.16%Noncurrent assets plus other real estate owned to assets
0.38%Noncurrent loans to loans
0.26%Net loans and leases to deposits
61.21%Net loans and leases to core deposits
73.39%Equity capital to assets
8.11%Core capital (leverage) ratio
8.12%Tier 1 risk-based capital ratio
13.04%Total risk-based capital ratio
Memoranda
$14Average assets
$33,344Average earning assets
$2,653Average equity
$30,092Average loans

First State Bank of Higginsville/Odessa in Higginsville, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank of Higginsville/Odessa - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

First State Bank of Higginsville/Odessa in Higginsville, Missouri (MO)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank of Higginsville/Odessa - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

First State Bank of Higginsville/Odessa in Higginsville, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches