The Farmers State Bank of Highland, Kansas - Overview
General
FDIC Certificate #: 17619 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Bendena State Bank (#17410) Federal Reserve ID: 996251 Date Established: January 01, 1908 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 11590 Numeric code: 21 Regulator: FDIC 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: June 15, 1956 Last Structure Change Effective Date: August 01, 2011 Last Structure Change Process Date: August 05, 2011 Last Data Update: August 05, 2011 Data Source Date: April 05, 2012
Location
Address: 402 West Main Street, Highland, KS 66035 County: Doniphan 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 Core Based Statistical Area (CBSA): St. Joseph, MO-KS (#41140) CBSA Metro Statistical Area: St. Joseph, MO-KS (#41140)
Financial Summary
Total assets: $15.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
5Total employees (full-time equivalent)
$12,490Total assets
$4,126Cash and due from depository institutions
$3,548Interest-bearing balances
$2,284Securities
$2,000Federal funds sold & reverse repurchase agreements
$3,826Net loans & leases
$159Loan loss allowance
$0Trading account assets
$126Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$128All other assets
$12,490Total liabilities and capital
$10,425Total liabilities
$10,399Total deposits
$7,057Interest-bearing deposits
$10,399Deposits held in domestic offices
98.35%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$26All other liabilities
$2,065Total equity capital
$2,065Total bank equity capital
$2,065Perpetual preferred stock
$0Common stock
$100Surplus
$500Undivided profits
Memoranda
$1,465Noncurrent loans and leases
$440Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$59Earning assets
$0Long-term assets (5+ years)
$79Average Assets, year-to-date
$11,658Average Assets, quarterly
$0Volatile liabilities
$14,471Insider loans
$13,872FHLB advances
$337Loans and leases held for sale
$13Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$440Total unused commitments
$0Restructured Loans and leases
$72Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$427Total interest income
$53Total interest expense
$374Net interest income
$0Provision for loan and lease losses
$23Total noninterest income
$0Fiduciary activities
$13Service charges on deposit accounts
$0Trading account gains & fees
$10Additional noninterest income
$385Total noninterest expense
$227Salaries and employee benefits
$46Premises and equipment expense
$112Additional noninterest expense
$12Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$12Income before extraordinary items
$0Extraordinary gains - net
$12Net income attributable to bank
$0Net charge-offs
$12Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.18%Yield on earning assets
0.39%Cost of funding earning assets
2.78%Net interest margin
0.17%Noninterest income to earning assets
2.86%Noninterest expense to earning assets
0.08%Net operating income to assets
0.08%Return on assets (ROA)
0.08%Pretax return on assets
0.58%Return on equity (ROE)
0.58%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
96,977Assets per employee
2.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.99%Loss allowance to noncurrent loans
269.49%Noncurrent assets plus other real estate owned to assets
0.47%Noncurrent loans to loans
1.48%Net loans and leases to deposits
36.79%Net loans and leases to core deposits
38.02%Equity capital to assets
16.53%Core capital (leverage) ratio
14.36%Tier 1 risk-based capital ratio
35.15%Total risk-based capital ratio
Memoranda
$36Average assets
$14,471Average earning assets
$2,055Average equity
$13,445Average loans
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