FDIC Certificate #: 1871 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:The Riley State Bank of Riley, Kansas (#16120) Federal Reserve ID: 70254 Date Established: January 01, 1908 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 52587 FDIC's unique #: 1247 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: January 01, 1934 Last Structure Change Effective Date: July 01, 2010 Last Structure Change Process Date: July 02, 2010 Last Data Update: July 02, 2010 Data Source Date: April 05, 2012
Location
Address: 711 Elm Street, Wakefield, KS 67487 County: Clay 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
Financial Summary
Total assets: $22.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
7Total employees (full-time equivalent)
$24,080Total assets
$1,497Cash and due from depository institutions
$0Interest-bearing balances
$11,343Securities
$105Federal funds sold & reverse repurchase agreements
$9,394Net loans & leases
$165Loan loss allowance
$0Trading account assets
$951Bank premises and fixed assets
$261Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$529All other assets
$24,079Total liabilities and capital
$21,975Total liabilities
$17,965Total deposits
$14,490Interest-bearing deposits
$17,965Deposits held in domestic offices
83.31%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,945Other borrowed funds
$0Subordinated debt
$65All other liabilities
$2,104Total equity capital
$2,104Total bank equity capital
$2,104Perpetual preferred stock
$0Common stock
$50Surplus
$200Undivided profits
Memoranda
$1,854Noncurrent loans and leases
$928Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$88Earning assets
$0Long-term assets (5+ years)
$163Average Assets, year-to-date
$20,842Average Assets, quarterly
$6,023Volatile liabilities
$22,892Insider loans
$23,980FHLB advances
$6,222Loans and leases held for sale
$228Unused loan commitments
$3,945Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$928Total unused commitments
$0Restructured Loans and leases
$165Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$1,152Total interest income
$318Total interest expense
$834Net interest income
$363Provision for loan and lease losses
$147Total noninterest income
$0Fiduciary activities
$119Service charges on deposit accounts
$0Trading account gains & fees
$28Additional noninterest income
$680Total noninterest expense
$361Salaries and employee benefits
$85Premises and equipment expense
$234Additional noninterest expense
-$62Pre-tax net operating income
$0Securities gains (losses)
$9Applicable income taxes
-$71Income before extraordinary items
$0Extraordinary gains - net
-$71Net income attributable to bank
$0Net charge-offs
-$71Cash dividends
$334Sale, conversion, retirement of capital stock, net
$155Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.52%Yield on earning assets
1.53%Cost of funding earning assets
4.00%Net interest margin
0.70%Noninterest income to earning assets
3.26%Noninterest expense to earning assets
-0.31%Net operating income to assets
-0.31%Return on assets (ROA)
-0.27%Pretax return on assets
-3.31%Return on equity (ROE)
-10.52%Retained earnings to average equity (YTD only)
3.18%Net charge-offs to loans
108.68%Credit loss provision to net charge-offs
0.90%Efficiency ratio
69,317Assets per employee
3.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
-218.31%Loss allowance to loans
1.73%Loss allowance to noncurrent loans
187.50%Noncurrent assets plus other real estate owned to assets
1.45%Noncurrent loans to loans
0.92%Net loans and leases to deposits
52.29%Net loans and leases to core deposits
70.56%Equity capital to assets
8.74%Core capital (leverage) ratio
8.02%Tier 1 risk-based capital ratio
13.47%Total risk-based capital ratio
Memoranda
$15Average assets
$22,892Average earning assets
$2,148Average equity
$20,852Average loans
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