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

Founders Bank in Chesterfield, Missouri (MO)
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Founders Bank - Overview

General
FDIC Certificate #: 34216
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank Midwest, National Association (#32964)
Federal Reserve ID: 2486699
Date Established: August 05, 1996
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
OTS Docket #: 14664
FDIC's unique #: 56974
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: August 05, 1996
Last Structure Change Effective Date: June 13, 2003
Last Structure Change Process Date: July 01, 2003
Last Data Update: July 01, 2003
Data Source Date: April 05, 2012
Location
Address: 15500 Olive Boulevard, Chesterfield, MO 63017
County: St. Louis
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: St. Louis
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040)
Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
Financial Summary
Total assets: $130.3 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, 2002)

Dollar figures in thousands
25Total employees (full-time equivalent)
$122,504Total assets
$7,523Cash and due from depository institutions
$8Interest-bearing balances
$9,870Securities
$928Federal funds sold & reverse repurchase agreements
$100,239Net loans & leases
$1,116Loan loss allowance
$0Trading account assets
$2,960Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$984All other assets
$122,504Total liabilities and capital
$113,635Total liabilities
$106,487Total deposits
$81,729Interest-bearing deposits
$106,487Deposits held in domestic offices
0.00%% insured (estimated)
$2,650Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,914Other borrowed funds
$0Subordinated debt
$584All other liabilities
$8,869Total equity capital
$8,869Total bank equity capital
$8,869Perpetual preferred stock
$0Common stock
$2,977Surplus
$3,420Undivided profits
Memoranda
$2,472Noncurrent loans and leases
$23,894Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$409Average Assets, year-to-date
$111,045Average Assets, quarterly
$1,264Volatile liabilities
$114,579Insider loans
$119,686FHLB advances
$22,987Loans and leases held for sale
$6,102Unused loan commitments
$3,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$23,894Total unused commitments
$0Restructured Loans and leases
$1,116Derivatives

Income and Expense (December 31, 2002)

Dollar figures in thousands
$6,341Total interest income
$2,409Total interest expense
$3,932Net interest income
$236Provision for loan and lease losses
$417Total noninterest income
$0Fiduciary activities
$242Service charges on deposit accounts
$0Trading account gains & fees
$175Additional noninterest income
$2,912Total noninterest expense
$1,462Salaries and employee benefits
$477Premises and equipment expense
$973Additional noninterest expense
$1,201Pre-tax net operating income
$261Securities gains (losses)
$508Applicable income taxes
$954Income before extraordinary items
$0Extraordinary gains - net
$954Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$20Net operating income

Performance and Condition Ratios (December 31, 2002)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.10%Yield on earning assets
2.32%Cost of funding earning assets
3.78%Net interest margin
0.40%Noninterest income to earning assets
2.80%Noninterest expense to earning assets
0.68%Net operating income to assets
0.83%Return on assets (ROA)
1.28%Pretax return on assets
11.68%Return on equity (ROE)
11.44%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
66,958Assets per employee
4.90%Cash dividends to net income (YTD only)
Condition Ratios (%)
2.10%Loss allowance to loans
1.10%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
94.13%Net loans and leases to core deposits
113.71%Equity capital to assets
7.24%Core capital (leverage) ratio
7.42%Tier 1 risk-based capital ratio
8.89%Total risk-based capital ratio
Memoranda
$10Average assets
$114,579Average earning assets
$8,168Average equity
$103,961Average loans

Founders Bank in Chesterfield, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

Founders Bank - Overview

Assets and Liabilities (December 31, 2002)

Income and Expense (December 31, 2002)

Performance and Condition Ratios (December 31, 2002)

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

Founders Bank in Chesterfield, Missouri (MO)Overview, Financial Summary, Detailed Financial Reports, Branches

Founders Bank - Overview

Assets and Liabilities (December 31, 2002)

Income and Expense (December 31, 2002)

Performance and Condition Ratios (December 31, 2002)

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

Founders Bank in Chesterfield, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches