The Citizens State Bank in Grainfield, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Citizens State Bank - Overview

  • General
  • FDIC Certificate #: 18077
    Status: Active
    Federal Reserve ID: 668352
    Bank Holding Company (Regulatory Top Holder): Mcnee, Inc. (RSSDID: 1054635, Location: Grainfield, KS)
    Date Established: April 08, 1905
    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 #: 52211
    FDIC's unique #: 12000
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: September 08, 1959
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 206 Main Street, Grainfield, KS 67737
    County: Gove
    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
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $10.5 mil
    Equity capital: $0.9 mil
    Deposits held in domestic offices: $9.6 mil
    Return on assets (ROA): 1.30% ($0.1 mil)
    Quarterly return on assets: 1.03% ($0.1 mil)
    Return on Equity (ROE): 16.16% ($0.2 mil)
    Quarterly return on equity: 11.83% ($0.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 1.36% ($143.2 mil)
    Quarterly Pretax return on assets: 1.06% ($111.6 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
  • 3Total employees (full-time equivalent)
  • $10,531Total assets
  • $1,629Cash and due from depository institutions
  • $1,000Interest-bearing balances
  • $79Securities
  • $4,400Federal funds sold & reverse repurchase agreements
  • $4,264Net loans & leases
  • $91Loan loss allowance
  • $0Trading account assets
  • $15Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $10,531Life insurance assets
  • $144All other assets
  • $9,607Total liabilities and capital
  • $9,598Total liabilities
  • $7,171Total deposits
  • $9,598Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $9Subordinated debt
  • $924All other liabilities
  • $924Total equity capital
  • $924Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $150Surplus
  • $724Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $97Long-term assets (5+ years)
  • $9,743Average Assets, year-to-date
  • $2,189Average Assets, quarterly
  • $10,667Volatile liabilities
  • $10,523Insider loans
  • $4,303FHLB advances
  • $10,684Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $924Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $914Restructured Loans and leases
  • $120Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $417Total interest income
  • $43Total interest expense
  • $374Net interest income
  • $0Provision for loan and lease losses
  • $14Total noninterest income
  • $0Fiduciary activities
  • $11Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3Additional noninterest income
  • $243Total noninterest expense
  • $132Salaries and employee benefits
  • $37Premises and equipment expense
  • $74Additional noninterest expense
  • $145Pre-tax net operating income
  • $0Securities gains (losses)
  • $6Applicable income taxes
  • $139Income before extraordinary items
  • $0Extraordinary gains - net
  • $139Net income attributable to bank
  • $0Net charge-offs
  • $139Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $10Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.14%Yield on earning assets
  • 0.43%Cost of funding earning assets
  • 3.71%Net interest margin
  • 0.14%Noninterest income to earning assets
  • 2.41%Noninterest expense to earning assets
  • 1.30%Net operating income to assets
  • 1.30%Return on assets (ROA)
  • 1.36%Pretax return on assets
  • 16.16%Return on equity (ROE)
  • 15.00%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
  • 62,629Assets per employee
  • 3.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 7.19%Loss allowance to loans
  • 2.09%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 44.43%Net loans and leases to core deposits
  • 44.43%Equity capital to assets
  • 8.77%Core capital (leverage) ratio
  • 8.65%Tier 1 risk-based capital ratio
  • 21.47%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $10,667Average earning assets
  • $860Average equity
  • $10,080Average loans

List of branches

  • 1 Kansas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012000The Citizens State Bank206 Main Street, Grainfield, KS 67737April 08, 1905Full Service Brick and Mortar

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