SolutionsBank in Overland Park, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 11, 2009

  • SolutionsBank in Overland Park, Kansas (KS)
  • Show street view No street view available for this location

SolutionsBank - Overview

  • General
  • FDIC Certificate #: 4731
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Arvest Bank (#8728)
    Federal Reserve ID: 449953
    Date Established: January 01, 1881
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 7 (Interstate: No)
    FDIC's unique #: 3150
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 11, 2009
    Last Structure Change Process Date: December 14, 2009
    Last Data Update: December 14, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 7401 West 135th Street, Overland Park, KS 66223
    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)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $511.1 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, 2008)

  • Dollar figures in thousands
  • 89Total employees (full-time equivalent)
  • $506,162Total assets
  • $25,322Cash and due from depository institutions
  • $20,413Interest-bearing balances
  • $17,064Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $437,295Net loans & leases
  • $6,103Loan loss allowance
  • $0Trading account assets
  • $3,101Bank premises and fixed assets
  • $3,499Other real estate owned
  • $3,420Goodwill and other intangibles
  • $5,238Life insurance assets
  • $16,461All other assets
  • $506,162Total liabilities and capital
  • $464,004Total liabilities
  • $379,212Total deposits
  • $356,928Interest-bearing deposits
  • $379,212Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $8,090Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $74,500Other borrowed funds
  • $0Subordinated debt
  • $2,202All other liabilities
  • $42,158Total equity capital
  • $42,158Total bank equity capital
  • $42,158Perpetual preferred stock
  • $0Common stock
  • $600Surplus
  • $31,200Undivided profits
  • Memoranda
  • $10,358Noncurrent loans and leases
  • $64,855Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,584Earning assets
  • $0Long-term assets (5+ years)
  • $1,702Average Assets, year-to-date
  • $474,772Average Assets, quarterly
  • $27,552Volatile liabilities
  • $438,029Insider loans
  • $490,487FHLB advances
  • $95,612Loans and leases held for sale
  • $1,729Unused loan commitments
  • $74,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,578Total risk weighted assets
  • $64,855Total unused commitments
  • $0Restructured Loans and leases
  • $5,534Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $26,652Total interest income
  • $13,472Total interest expense
  • $13,180Net interest income
  • $8,738Provision for loan and lease losses
  • $7,395Total noninterest income
  • $0Fiduciary activities
  • $898Service charges on deposit accounts
  • $0Trading account gains & fees
  • $6,497Additional noninterest income
  • $10,988Total noninterest expense
  • $5,800Salaries and employee benefits
  • $1,724Premises and equipment expense
  • $3,464Additional noninterest expense
  • $849Pre-tax net operating income
  • $61Securities gains (losses)
  • $314Applicable income taxes
  • $596Income before extraordinary items
  • $0Extraordinary gains - net
  • $596Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $6,186Sale, conversion, retirement of capital stock, net
  • $924Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.54%Yield on earning assets
  • 3.30%Cost of funding earning assets
  • 3.23%Net interest margin
  • 1.81%Noninterest income to earning assets
  • 2.69%Noninterest expense to earning assets
  • 0.13%Net operating income to assets
  • 0.14%Return on assets (ROA)
  • 0.21%Pretax return on assets
  • 1.57%Return on equity (ROE)
  • -0.86%Retained earnings to average equity (YTD only)
  • 1.59%Net charge-offs to loans
  • 141.25%Credit loss provision to net charge-offs
  • 1.55%Efficiency ratio
  • 52,846Assets per employee
  • 5.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 155.03%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 385.29%Noncurrent assets plus other real estate owned to assets
  • 1.00%Noncurrent loans to loans
  • 0.36%Net loans and leases to deposits
  • 115.32%Net loans and leases to core deposits
  • 148.39%Equity capital to assets
  • 8.33%Core capital (leverage) ratio
  • 7.69%Tier 1 risk-based capital ratio
  • 8.90%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $438,029Average earning assets
  • $38,047Average equity
  • $407,829Average loans

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