The First National Bank of Mount Vernon - Overview
General
FDIC Certificate #: 4555 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Mid-Missouri Bank (#15584) Federal Reserve ID: 754657 Date Established: January 01, 1930 WWW:http://www.fnbmtvernon.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) OTS Docket #: 10936 FDIC's unique #: 3016 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: August 04, 2006 Last Structure Change Process Date: October 16, 2006 Last Data Update: October 16, 2006 Data Source Date: April 05, 2012
Location
Address: 109 North Hickory, Mount Vernon, MO 65712 County: Lawrence 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: West
Financial Summary
Total assets: $103.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
27Total employees (full-time equivalent)
$92,887Total assets
$2,538Cash and due from depository institutions
$309Interest-bearing balances
$11,510Securities
$243Federal funds sold & reverse repurchase agreements
$73,227Net loans & leases
$650Loan loss allowance
$0Trading account assets
$2,509Bank premises and fixed assets
$900Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,960All other assets
$92,887Total liabilities and capital
$82,054Total liabilities
$76,397Total deposits
$73,482Interest-bearing deposits
$76,397Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$5,015Other borrowed funds
$0Subordinated debt
$642All other liabilities
$10,833Total equity capital
$10,833Total bank equity capital
$10,833Perpetual preferred stock
$0Common stock
$100Surplus
$3,400Undivided profits
Memoranda
$7,333Noncurrent loans and leases
$9,502Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$878Average Assets, year-to-date
$85,289Average Assets, quarterly
$5,113Volatile liabilities
$94,339Insider loans
$92,814FHLB advances
$12,909Loans and leases held for sale
$9Unused loan commitments
$5,015Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,502Total unused commitments
$0Restructured Loans and leases
$650Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$5,520Total interest income
$1,665Total interest expense
$3,855Net interest income
$189Provision for loan and lease losses
$860Total noninterest income
$0Fiduciary activities
$565Service charges on deposit accounts
$0Trading account gains & fees
$295Additional noninterest income
$2,924Total noninterest expense
$1,346Salaries and employee benefits
$462Premises and equipment expense
$1,116Additional noninterest expense
$1,602Pre-tax net operating income
$0Securities gains (losses)
$17Applicable income taxes
$1,585Income before extraordinary items
$0Extraordinary gains - net
$1,585Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$23Sale, conversion, retirement of capital stock, net
$1,330Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.39%Yield on earning assets
1.93%Cost of funding earning assets
4.46%Net interest margin
1.00%Noninterest income to earning assets
3.38%Noninterest expense to earning assets
1.68%Net operating income to assets
1.68%Return on assets (ROA)
1.70%Pretax return on assets
14.53%Return on equity (ROE)
2.34%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
821.74%Credit loss provision to net charge-offs
77.87%Efficiency ratio
62,015Assets per employee
3.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
83.91%Loss allowance to loans
0.88%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.97%Noncurrent loans to loans
0.00%Net loans and leases to deposits
95.85%Net loans and leases to core deposits
115.31%Equity capital to assets
11.66%Core capital (leverage) ratio
11.68%Tier 1 risk-based capital ratio
14.66%Total risk-based capital ratio
Memoranda
$16Average assets
$94,339Average earning assets
$10,908Average equity
$86,419Average loans
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