FDIC Certificate #: 10611 Status: Active Federal Reserve ID: 774851 Bank Holding Company (Regulatory Top Holder): Osborn Bancshares, Inc. (RSSDID: 1056460, Location: Cameron, MO) Date Established: July 16, 1886 WWW:http://www.horizonstatebank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 15529 FDIC's unique #: 6801 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: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 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: 814 North Walnut, Cameron, MO 64429 County: Dekalb 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 Core Based Statistical Area (CBSA): St. Joseph, MO-KS (#41140) CBSA Metro Statistical Area: St. Joseph, MO-KS (#41140)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $19.4 mil Equity capital: $1.6 mil Deposits held in domestic offices: $17.6 mil Return on assets (ROA): 0.13% ($0.0 mil) Quarterly return on assets: -0.26% (-$0.0 mil) Return on Equity (ROE): 1.44% ($0.0 mil) Quarterly return on equity: -2.93% (-$0.1 mil) Net income: $0.0 mil Quarterly Net income: -$0.0 mil Pretax return on assets: 0.13% ($25.3 mil) Quarterly Pretax return on assets: -0.26% (-$50.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
12Total employees (full-time equivalent)
$19,431Total assets
$3,039Cash and due from depository institutions
$2,386Interest-bearing balances
$1,035Securities
$2,695Federal funds sold & reverse repurchase agreements
$11,690Net loans & leases
$149Loan loss allowance
$0Trading account assets
$393Bank premises and fixed assets
$277Other real estate owned
$0Goodwill and other intangibles
$19,431Life insurance assets
$302All other assets
$17,813Total liabilities and capital
$17,561Total liabilities
$11,946Total deposits
$17,561Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$200Trading liabilities
$0Other borrowed funds
$52Subordinated debt
$1,618All other liabilities
$1,618Total equity capital
$1,618Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$195Surplus
$1,373Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$125Long-term assets (5+ years)
$17,806Average Assets, year-to-date
$160Average Assets, quarterly
$18,884Volatile liabilities
$18,805Insider loans
$12,424FHLB advances
$18,970Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,583Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$944Restructured Loans and leases
$123Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,053Total interest income
$158Total interest expense
$895Net interest income
$6Provision for loan and lease losses
$323Total noninterest income
$0Fiduciary activities
$243Service charges on deposit accounts
$0Trading account gains & fees
$80Additional noninterest income
$1,188Total noninterest expense
$675Salaries and employee benefits
$122Premises and equipment expense
$391Additional noninterest expense
$24Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$24Income before extraordinary items
$0Extraordinary gains - net
$24Net income attributable to bank
$0Net charge-offs
$24Cash dividends
$3Sale, conversion, retirement of capital stock, net
$108Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.09%Yield on earning assets
0.91%Cost of funding earning assets
5.18%Net interest margin
1.87%Noninterest income to earning assets
6.87%Noninterest expense to earning assets
0.13%Net operating income to assets
0.13%Return on assets (ROA)
0.13%Pretax return on assets
1.44%Return on equity (ROE)
-5.04%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
200.00%Credit loss provision to net charge-offs
10.00%Efficiency ratio
97,537Assets per employee
1.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
450.00%Loss allowance to loans
1.26%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
1.43%Noncurrent loans to loans
0.00%Net loans and leases to deposits
66.57%Net loans and leases to core deposits
66.57%Equity capital to assets
8.33%Core capital (leverage) ratio
8.34%Tier 1 risk-based capital ratio
12.74%Total risk-based capital ratio
Memoranda
$14Average assets
$18,884Average earning assets
$1,667Average equity
$17,284Average loans
List of branches
1 Missouri Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6801
Horizon State Bank
814 North Walnut, Cameron, MO 64429
July 16, 1886
Full Service Brick and Mortar
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