FDIC Certificate #: 12427 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Labette Bank (#17068) Federal Reserve ID: 397951 Date Established: August 28, 1922 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 7910 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: January 01, 1998 Last Structure Change Process Date: Febuary 20, 1998 Last Data Update: Febuary 20, 1998 Data Source Date: April 05, 2012
Location
Address: 424 Commercial Street, Oswego, KS 67356 County: Labette 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: Western Core Based Statistical Area (CBSA): Parsons, KS (#37660) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $15.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
8Total employees (full-time equivalent)
$15,592Total assets
$476Cash and due from depository institutions
$0Interest-bearing balances
$6,744Securities
$950Federal funds sold & reverse repurchase agreements
$7,047Net loans & leases
$66Loan loss allowance
$0Trading account assets
$120Bank premises and fixed assets
$54Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$201All other assets
$15,592Total liabilities and capital
$14,519Total liabilities
$14,404Total deposits
$12,180Interest-bearing deposits
$14,404Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$115All other liabilities
$1,073Total equity capital
$1,073Total bank equity capital
$1,073Perpetual preferred stock
$0Common stock
$75Surplus
$325Undivided profits
Memoranda
$673Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$15Earning assets
$8Long-term assets (5+ years)
$102Average Assets, year-to-date
$14,741Average Assets, quarterly
$447Volatile liabilities
$14,817Insider loans
$15,111FHLB advances
$213Loans and leases held for sale
$236Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$462Total unused commitments
$0Restructured Loans and leases
$8,103Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$1,065Total interest income
$481Total interest expense
$584Net interest income
$28Provision for loan and lease losses
$155Total noninterest income
$0Fiduciary activities
$138Service charges on deposit accounts
$0Trading account gains & fees
$17Additional noninterest income
$583Total noninterest expense
$294Salaries and employee benefits
$56Premises and equipment expense
$233Additional noninterest expense
$128Pre-tax net operating income
$0Securities gains (losses)
$28Applicable income taxes
$100Income before extraordinary items
$0Extraordinary gains - net
$100Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$26Sale, conversion, retirement of capital stock, net
$9Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.70%Yield on earning assets
3.48%Cost of funding earning assets
4.22%Net interest margin
1.12%Noninterest income to earning assets
4.21%Noninterest expense to earning assets
0.67%Net operating income to assets
0.67%Return on assets (ROA)
0.86%Pretax return on assets
9.90%Return on equity (ROE)
9.01%Retained earnings to average equity (YTD only)
0.39%Net charge-offs to loans
107.69%Credit loss provision to net charge-offs
6.00%Efficiency ratio
78,890Assets per employee
1.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
9.00%Loss allowance to loans
0.93%Loss allowance to noncurrent loans
440.00%Noncurrent assets plus other real estate owned to assets
0.44%Noncurrent loans to loans
0.21%Net loans and leases to deposits
48.92%Net loans and leases to core deposits
49.66%Equity capital to assets
6.88%Core capital (leverage) ratio
7.12%Tier 1 risk-based capital ratio
13.02%Total risk-based capital ratio
Memoranda
$14Average assets
$14,817Average earning assets
$1,010Average equity
$13,838Average loans
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 The American State Bank.
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: