Southwest Bank in Bolivar, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 24, 1995

Southwest Bank in Bolivar, Missouri (MO)
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Southwest Bank - Overview

General
FDIC Certificate #: 11464
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Mercantile Bank of Springfield (#8308)
Federal Reserve ID: 708959
Date Established: April 03, 1911
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 11 (Interstate: No)
OTS Docket #: 9328
FDIC's unique #: 7324
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: August 24, 1995
Last Structure Change Process Date: September 29, 1995
Last Data Update: September 29, 1995
Data Source Date: April 05, 2012
Location
Address: 102 South Springfield Street, Bolivar, MO 65613
County: Polk
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Springfield Mo
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Springfield, MO (#44180)
CBSA Metro Statistical Area: Springfield, MO (#44180)
Financial Summary
Total assets: $184.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$68Total assets
$175,050Cash and due from depository institutions
$9,211Interest-bearing balances
$3,641Securities
$35,195Federal funds sold & reverse repurchase agreements
$1,750Net loans & leases
$125,343Loan loss allowance
$1,093Trading account assets
$0Bank premises and fixed assets
$1,899Other real estate owned
$68Goodwill and other intangibles
$1,584Life insurance assets
$0All other assets
$0Total liabilities and capital
$175,050Total liabilities
$159,744Total deposits
$146,202Interest-bearing deposits
$129,255Deposits held in domestic offices
146202.00%% insured (estimated)
$84Federal funds purchased & repurchase agreements
$7,752Trading liabilities
$0Other borrowed funds
$5,051Subordinated debt
$0All other liabilities
$739Total equity capital
$739Total bank equity capital
$15,306Perpetual preferred stock
$0Common stock
$2,175Surplus
$2,510Undivided profits
Memoranda
$10,621Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$465Income earned, not collected on loans
$819Earning assets
$165,929Long-term assets (5+ years)
$6,321Average Assets, year-to-date
$173,130Average Assets, quarterly
$174,240Volatile liabilities
$19,697Insider loans
$150FHLB advances
$0Loans and leases held for sale
$974Unused loan commitments
$10,912Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$15,766Total risk weighted assets
$121,472Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$11,304Total interest expense
$5,096Net interest income
$6,208Provision for loan and lease losses
$0Total noninterest income
$658Fiduciary activities
$16Service charges on deposit accounts
$494Trading account gains & fees
$0Additional noninterest income
$148Total noninterest expense
$3,214Salaries and employee benefits
$1,468Premises and equipment expense
$469Additional noninterest expense
$1,277Pre-tax net operating income
$3,652Securities gains (losses)
$36Applicable income taxes
$1,192Income before extraordinary items
$2,496Extraordinary gains - net
$0Net income attributable to bank
$2,496Net charge-offs
$10Cash dividends
$600Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.91%Cost of funding earning assets
3.11%Net interest margin
3.79%Noninterest income to earning assets
0.40%Noninterest expense to earning assets
1.96%Net operating income to assets
1.43%Return on assets (ROA)
1.44%Pretax return on assets
2.13%Return on equity (ROE)
17.26%Retained earnings to average equity (YTD only)
13.11%Net charge-offs to loans
0.01%Credit loss provision to net charge-offs
0.00%Efficiency ratio
46,810Assets per employee
2.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
24.04%Loss allowance to loans
0.86%Loss allowance to noncurrent loans
235.05%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.37%Net loans and leases to deposits
85.73%Net loans and leases to core deposits
93.36%Equity capital to assets
8.74%Core capital (leverage) ratio
9.01%Tier 1 risk-based capital ratio
12.98%Total risk-based capital ratio
Memoranda
$14Average assets
$173,130Average earning assets
$14,462Average equity
$163,646Average loans

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