FDIC Certificate #: 59015 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Bank Midwest, National Association (#59052) Federal Reserve ID: 4203911 Date Established: October 22, 2010 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 40 (Interstate: No) FDIC's unique #: 495959 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: October 22, 2010 Last Structure Change Effective Date: November 07, 2011 Last Structure Change Process Date: November 21, 2011 Last Data Update: November 21, 2011 Data Source Date: April 05, 2012
Location
Address: 11111 W 95th St, Overland Park, KS 66214 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: $1,281.8 mil
Assets and Liabilities (December 31, 2010)
Dollar figures in thousands
174Total employees (full-time equivalent)
$1,359,486Total assets
$90,186Cash and due from depository institutions
$71,095Interest-bearing balances
$306,379Securities
$69Federal funds sold & reverse repurchase agreements
$747,464Net loans & leases
$7Loan loss allowance
$0Trading account assets
$151Bank premises and fixed assets
$73,535Other real estate owned
$5,623Goodwill and other intangibles
$0Life insurance assets
$136,079All other assets
$1,359,486Total liabilities and capital
$1,152,826Total liabilities
$1,102,229Total deposits
$1,015,809Interest-bearing deposits
$1,102,229Deposits held in domestic offices
99.99%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$377Other borrowed funds
$0Subordinated debt
$50,220All other liabilities
$206,660Total equity capital
$206,660Total bank equity capital
$206,660Perpetual preferred stock
$0Common stock
$1Surplus
$169,999Undivided profits
Memoranda
$36,660Noncurrent loans and leases
$35,919Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$137,146Earning assets
$137,146Long-term assets (5+ years)
$3,652Average Assets, year-to-date
$1,125,007Average Assets, quarterly
$288,695Volatile liabilities
$1,359,486Insider loans
$1,359,486FHLB advances
$422,802Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,915Tier 2 risk-based capital
$1,080Total risk weighted assets
$35,919Total unused commitments
$884Restructured Loans and leases
$7Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$15,970Total interest income
$3,765Total interest expense
$12,205Net interest income
$13Provision for loan and lease losses
$55,887Total noninterest income
$0Fiduciary activities
$348Service charges on deposit accounts
$0Trading account gains & fees
$55,539Additional noninterest income
$5,522Total noninterest expense
$1,961Salaries and employee benefits
$802Premises and equipment expense
$2,759Additional noninterest expense
$62,557Pre-tax net operating income
$11Securities gains (losses)
$23,716Applicable income taxes
$38,852Income before extraordinary items
$0Extraordinary gains - net
$38,852Net income attributable to bank
$0Net charge-offs
$38,852Cash dividends
$6Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
1.42%Yield on earning assets
0.33%Cost of funding earning assets
1.08%Net interest margin
4.97%Noninterest income to earning assets
0.49%Noninterest expense to earning assets
2.86%Net operating income to assets
2.86%Return on assets (ROA)
4.60%Pretax return on assets
18.80%Return on equity (ROE)
18.80%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
216.67%Credit loss provision to net charge-offs
10428.33%Efficiency ratio
7,908Assets per employee
7.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.01%Noncurrent assets plus other real estate owned to assets
15.50%Noncurrent loans to loans
18.35%Net loans and leases to deposits
67.81%Net loans and leases to core deposits
109.95%Equity capital to assets
15.20%Core capital (leverage) ratio
14.33%Tier 1 risk-based capital ratio
80.51%Total risk-based capital ratio
Memoranda
$81Average assets
$1,359,486Average earning assets
$206,660Average equity
$1,125,007Average loans
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