FDIC Certificate #: 23211 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Commerce Bank (#24998) Federal Reserve ID: 334152 Date Established: October 01, 1980 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 3 (Interstate: No) OTS Docket #: 13736 FDIC's unique #: 16264 Numeric code: 13 Regulator: FED 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: October 01, 1980 Last Structure Change Effective Date: November 02, 1998 Last Structure Change Process Date: January 27, 1999 Last Data Update: January 27, 1999 Data Source Date: April 05, 2012
Location
Address: Santa Fe At Mur-Len, Olathe, KS 66062 County: Johnson 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: Western 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: $49.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
26Total employees (full-time equivalent)
$47,921Total assets
$2,562Cash and due from depository institutions
$0Interest-bearing balances
$6,792Securities
$1,260Federal funds sold & reverse repurchase agreements
$35,650Net loans & leases
$409Loan loss allowance
$0Trading account assets
$1,091Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$566All other assets
$47,921Total liabilities and capital
$44,188Total liabilities
$39,905Total deposits
$32,255Interest-bearing deposits
$39,905Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,123Other borrowed funds
$0Subordinated debt
$160All other liabilities
$3,733Total equity capital
$3,733Total bank equity capital
$3,733Perpetual preferred stock
$0Common stock
$1,350Surplus
$2,048Undivided profits
Memoranda
$335Noncurrent loans and leases
$0Noncurrent 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)
$252Average Assets, year-to-date
$43,702Average Assets, quarterly
$679Volatile liabilities
$43,068Insider loans
$46,705FHLB advances
$6,250Loans and leases held for sale
$2,154Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,752Total unused commitments
$0Restructured Loans and leases
$39,673Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$3,633Total interest income
$1,652Total interest expense
$1,981Net interest income
$233Provision for loan and lease losses
$584Total noninterest income
$0Fiduciary activities
$341Service charges on deposit accounts
$0Trading account gains & fees
$243Additional noninterest income
$1,906Total noninterest expense
$947Salaries and employee benefits
$353Premises and equipment expense
$606Additional noninterest expense
$426Pre-tax net operating income
$0Securities gains (losses)
$128Applicable income taxes
$298Income before extraordinary items
$0Extraordinary gains - net
$298Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$243Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.16%Yield on earning assets
4.17%Cost of funding earning assets
5.00%Net interest margin
1.47%Noninterest income to earning assets
4.81%Noninterest expense to earning assets
0.69%Net operating income to assets
0.69%Return on assets (ROA)
0.99%Pretax return on assets
9.24%Return on equity (ROE)
9.24%Retained earnings to average equity (YTD only)
0.73%Net charge-offs to loans
95.88%Credit loss provision to net charge-offs
2.71%Efficiency ratio
74,308Assets per employee
1.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.13%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
89.34%Net loans and leases to core deposits
101.41%Equity capital to assets
7.79%Core capital (leverage) ratio
8.05%Tier 1 risk-based capital ratio
9.39%Total risk-based capital ratio
Memoranda
$10Average assets
$43,068Average earning assets
$3,226Average equity
$39,647Average loans
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