Pinnacle Bank, National Association in Abilene, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 20, 2007

Pinnacle Bank, National Association in Abilene, Kansas (KS)
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Pinnacle Bank, National Association - Overview

General
FDIC Certificate #: 4609
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Pinnacle Bank (#10634)
Federal Reserve ID: 603951
Date Established: January 01, 1887
WWW: http://www.firstabilene.com
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Interstate: No)
FDIC's unique #: 3054
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: January 01, 1934
Last Structure Change Effective Date: Febuary 20, 2007
Last Structure Change Process Date: March 15, 2007
Last Data Update: March 15, 2007
Data Source Date: April 05, 2012
Location
Address: 401 North Spruce Street, Abilene, KS 67410
County: Dickinson
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Hays
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $97.7 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, 2006)

Dollar figures in thousands
23Total employees (full-time equivalent)
$97,722Total assets
$3,539Cash and due from depository institutions
$6Interest-bearing balances
$39,855Securities
$0Federal funds sold & reverse repurchase agreements
$52,110Net loans & leases
$747Loan loss allowance
$0Trading account assets
$583Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,635All other assets
$97,722Total liabilities and capital
$91,148Total liabilities
$86,672Total deposits
$73,139Interest-bearing deposits
$86,672Deposits held in domestic offices
0.00%% insured (estimated)
$4,088Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$388All other liabilities
$6,574Total equity capital
$6,574Total bank equity capital
$6,574Perpetual preferred stock
$0Common stock
$1,850Surplus
$4,433Undivided profits
Memoranda
$291Noncurrent loans and leases
$11,482Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$16Earning assets
$0Long-term assets (5+ years)
$1,076Average Assets, year-to-date
$91,971Average Assets, quarterly
$4,161Volatile liabilities
$99,019Insider loans
$97,828FHLB advances
$14,452Loans and leases held for sale
$629Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$11,482Total unused commitments
$0Restructured Loans and leases
$681Derivatives

Income and Expense (December 31, 2006)

Dollar figures in thousands
$5,239Total interest income
$2,324Total interest expense
$2,915Net interest income
$0Provision for loan and lease losses
$722Total noninterest income
$116Fiduciary activities
$471Service charges on deposit accounts
$0Trading account gains & fees
$135Additional noninterest income
$2,229Total noninterest expense
$1,144Salaries and employee benefits
$239Premises and equipment expense
$846Additional noninterest expense
$1,408Pre-tax net operating income
-$69Securities gains (losses)
$32Applicable income taxes
$1,307Income before extraordinary items
$0Extraordinary gains - net
$1,307Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$2,743Net operating income

Performance and Condition Ratios (December 31, 2006)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.61%Yield on earning assets
2.49%Cost of funding earning assets
3.12%Net interest margin
0.77%Noninterest income to earning assets
2.39%Noninterest expense to earning assets
1.39%Net operating income to assets
1.32%Return on assets (ROA)
1.35%Pretax return on assets
19.39%Return on equity (ROE)
-21.30%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
61,287Assets per employee
4.25%Cash dividends to net income (YTD only)
Condition Ratios (%)
209.87%Loss allowance to loans
1.41%Loss allowance to noncurrent loans
4668.75%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.03%Net loans and leases to deposits
60.12%Net loans and leases to core deposits
68.29%Equity capital to assets
6.73%Core capital (leverage) ratio
7.01%Tier 1 risk-based capital ratio
12.74%Total risk-based capital ratio
Memoranda
$14Average assets
$99,019Average earning assets
$6,741Average equity
$93,446Average loans

Total Fiduciary and Related Assets (December 31, 2006)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$14,822Managed Assets
1Number of Accounts
$14,712Personal trust and agency accounts
$10,053Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$3,239Corporate trust and agency accounts
$0Investment management agency accounts
$1,420Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
70Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$110Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$110Fiduciary accounts held in foreign offices

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