FDIC Certificate #: 9794 Status: Active Federal Reserve ID: 814551 Bank Holding Company (Regulatory Top Holder): Trustco Bankshares, Inc. (RSSDID: 1063075, Location: Kearney, MO) Date Established: June 10, 1882 WWW:http://www.kearneytrust.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 #: 11458 FDIC's unique #: 6273 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: August 12, 2010 Last Structure Change Process Date: August 12, 2010 Last Data Update: August 12, 2010 Data Source Date: April 05, 2012
Location
Address: 310 West 92 Highway, Kearney, MO 64060 County: Clay 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)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $140.0 mil Equity capital: $15.7 mil Deposits held in domestic offices: $123.9 mil Return on assets (ROA): 1.26% ($1.8 mil) Quarterly return on assets: 1.21% ($1.7 mil) Return on Equity (ROE): 11.91% ($1.9 mil) Quarterly return on equity: 10.88% ($1.7 mil) Net income: $1.7 mil Quarterly Net income: $0.4 mil Pretax return on assets: 1.32% ($1,847.4 mil) Quarterly Pretax return on assets: 1.25% ($1,749.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
36Total employees (full-time equivalent)
$139,954Total assets
$28,151Cash and due from depository institutions
$24,178Interest-bearing balances
$28,752Securities
$0Federal funds sold & reverse repurchase agreements
$79,888Net loans & leases
$1,585Loan loss allowance
$0Trading account assets
$1,259Bank premises and fixed assets
$239Other real estate owned
$25Goodwill and other intangibles
$139,954Life insurance assets
$1,640All other assets
$124,282Total liabilities and capital
$123,904Total liabilities
$99,087Total deposits
$123,904Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$378Subordinated debt
$15,672All other liabilities
$15,672Total equity capital
$15,672Total bank equity capital
$0Perpetual preferred stock
$600Common stock
$750Surplus
$14,322Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$77Income earned, not collected on loans
$0Earning assets
$769Long-term assets (5+ years)
$132,818Average Assets, year-to-date
$30,033Average Assets, quarterly
$136,328Volatile liabilities
$139,316Insider loans
$87,049FHLB advances
$139,726Loans and leases held for sale
$136Unused loan commitments
$136Tier 1 (core) risk-based capital
$14,600Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,760Restructured Loans and leases
$1,036Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,969Total interest income
$714Total interest expense
$5,255Net interest income
$248Provision for loan and lease losses
$951Total noninterest income
$0Fiduciary activities
$371Service charges on deposit accounts
$0Trading account gains & fees
$580Additional noninterest income
$4,165Total noninterest expense
$2,165Salaries and employee benefits
$416Premises and equipment expense
$1,584Additional noninterest expense
$1,793Pre-tax net operating income
$0Securities gains (losses)
$69Applicable income taxes
$1,724Income before extraordinary items
$0Extraordinary gains - net
$1,724Net income attributable to bank
$0Net charge-offs
$1,724Cash dividends
$271Sale, conversion, retirement of capital stock, net
$500Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.62%Yield on earning assets
0.55%Cost of funding earning assets
4.06%Net interest margin
0.74%Noninterest income to earning assets
3.22%Noninterest expense to earning assets
1.26%Net operating income to assets
1.26%Return on assets (ROA)
1.32%Pretax return on assets
11.91%Return on equity (ROE)
8.45%Retained earnings to average equity (YTD only)
0.33%Net charge-offs to loans
91.51%Credit loss provision to net charge-offs
7.53%Efficiency ratio
67,112Assets per employee
3.89%Cash dividends to net income (YTD only)
Condition Ratios (%)
29.00%Loss allowance to loans
1.95%Loss allowance to noncurrent loans
2058.44%Noncurrent assets plus other real estate owned to assets
0.23%Noncurrent loans to loans
0.09%Net loans and leases to deposits
64.48%Net loans and leases to core deposits
66.11%Equity capital to assets
11.20%Core capital (leverage) ratio
10.45%Tier 1 risk-based capital ratio
16.77%Total risk-based capital ratio
Memoranda
$18Average assets
$136,328Average earning assets
$14,478Average equity
$129,335Average loans
List of branches
1 Missouri Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6273
Kearney Trust Company
310 West 92 Highway, Kearney, MO 64060
June 10, 1882
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Kearney Trust Company.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: