FDIC Certificate #: 1627 Status: Active Federal Reserve ID: 3386983 Bank Holding Company (Regulatory Top Holder): Capitol Bancorp Ltd. (RSSDID: 1247334, Location: Lansing, MI) Date Established: July 22, 1902 WWW:http://www.summitbankofkc.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 #: 13108 FDIC's unique #: 1067 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: No 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: 1650 Northeast Grand, Lees Summit, MO 64086 County: Jackson Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Chicago 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: $49.7 mil Equity capital: $4.7 mil Deposits held in domestic offices: $42.9 mil Return on assets (ROA): -1.69% (-$0.8 mil) Quarterly return on assets: -2.11% (-$1.1 mil) Return on Equity (ROE): -17.12% (-$0.9 mil) Quarterly return on equity: -22.50% (-$1.1 mil) Net income: -$0.9 mil Quarterly Net income: -$0.3 mil Pretax return on assets: -1.69% (-$839.9 mil) Quarterly Pretax return on assets: -2.11% (-$1,048.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
14Total employees (full-time equivalent)
$49,696Total assets
$9,663Cash and due from depository institutions
$8,886Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$38,828Net loans & leases
$1,372Loan loss allowance
$0Trading account assets
$288Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$49,696Life insurance assets
$917All other assets
$45,030Total liabilities and capital
$42,904Total liabilities
$37,585Total deposits
$42,904Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,100Trading liabilities
$0Other borrowed funds
$26Subordinated debt
$4,666All other liabilities
$4,666Total equity capital
$4,666Total bank equity capital
$0Perpetual preferred stock
$4,150Common stock
$4,150Surplus
$-3,634Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$838Income earned, not collected on loans
$359Earning assets
$161Long-term assets (5+ years)
$47,714Average Assets, year-to-date
$2,989Average Assets, quarterly
$52,789Volatile liabilities
$51,148Insider loans
$36,485FHLB advances
$51,745Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,666Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$7,442Restructured Loans and leases
$2,437Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,639Total interest income
$650Total interest expense
$1,989Net interest income
$1,075Provision for loan and lease losses
$668Total noninterest income
$0Fiduciary activities
$101Service charges on deposit accounts
$0Trading account gains & fees
$567Additional noninterest income
$2,473Total noninterest expense
$935Salaries and employee benefits
$277Premises and equipment expense
$1,261Additional noninterest expense
-$891Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$891Income before extraordinary items
$0Extraordinary gains - net
-$891Net income attributable to bank
$0Net charge-offs
-$891Cash dividends
$906Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.22%Yield on earning assets
1.29%Cost of funding earning assets
3.94%Net interest margin
1.32%Noninterest income to earning assets
4.89%Noninterest expense to earning assets
-1.69%Net operating income to assets
-1.69%Return on assets (ROA)
-1.69%Pretax return on assets
-17.12%Return on equity (ROE)
-17.12%Retained earnings to average equity (YTD only)
2.09%Net charge-offs to loans
118.65%Credit loss provision to net charge-offs
0.20%Efficiency ratio
93,075Assets per employee
3.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.41%Loss allowance to noncurrent loans
163.72%Noncurrent assets plus other real estate owned to assets
1.69%Noncurrent loans to loans
2.08%Net loans and leases to deposits
90.50%Net loans and leases to core deposits
99.13%Equity capital to assets
9.39%Core capital (leverage) ratio
9.02%Tier 1 risk-based capital ratio
12.79%Total risk-based capital ratio
Memoranda
$14Average assets
$52,789Average earning assets
$5,203Average equity
$50,532Average loans
List of branches
1 Missouri Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
1067
Summit Bank Of Kansas City
1650 Northeast Grand, Lees Summit, MO 64086
July 22, 1902
Full Service Brick and Mortar
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