The First National Bank of Olathe in Olathe, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 12, 2011

  • The First National Bank of Olathe in Olathe, Kansas (KS)
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The First National Bank of Olathe - Overview

  • General
  • FDIC Certificate #: 4744
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: Enterprise Bank & Trust (#27237)
    Federal Reserve ID: 456456
    Date Established: June 07, 1887
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Interstate: No)
    FDIC's unique #: 3161
    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 12, 2011
    Last Structure Change Process Date: August 15, 2011
    Last Data Update: August 15, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 444 East Santa Fe Street, Olathe, KS 66061
    County: Johnson
    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
    Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760)
    Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312)
    Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140)
    CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
  • Financial Summary
  • Total assets: $538.1 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
  • 115Total employees (full-time equivalent)
  • $578,775Total assets
  • $66,643Cash and due from depository institutions
  • $60,838Interest-bearing balances
  • $61,935Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $347,643Net loans & leases
  • $25,114Loan loss allowance
  • $0Trading account assets
  • $9,747Bank premises and fixed assets
  • $77,640Other real estate owned
  • $0Goodwill and other intangibles
  • $2,375Life insurance assets
  • $15,167All other assets
  • $578,775Total liabilities and capital
  • $561,865Total liabilities
  • $540,881Total deposits
  • $491,000Interest-bearing deposits
  • $540,881Deposits held in domestic offices
  • 96.65%% insured (estimated)
  • $1,750Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $14,772Other borrowed funds
  • $0Subordinated debt
  • $4,462All other liabilities
  • $16,910Total equity capital
  • $16,910Total bank equity capital
  • $16,910Perpetual preferred stock
  • $0Common stock
  • $1,155Surplus
  • $33,029Undivided profits
  • Memoranda
  • $-17,274Noncurrent loans and leases
  • $20,827Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $91,363Earning assets
  • $99Long-term assets (5+ years)
  • $1,615Average Assets, year-to-date
  • $470,416Average Assets, quarterly
  • $71,282Volatile liabilities
  • $776,061Insider loans
  • $607,401FHLB advances
  • $143,357Loans and leases held for sale
  • $1,601Unused loan commitments
  • $14,152Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $20,827Total unused commitments
  • $17,060Restructured Loans and leases
  • $5,856Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $29,961Total interest income
  • $16,476Total interest expense
  • $13,485Net interest income
  • $14,075Provision for loan and lease losses
  • $5,232Total noninterest income
  • $82Fiduciary activities
  • $1,799Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,351Additional noninterest income
  • $29,497Total noninterest expense
  • $9,202Salaries and employee benefits
  • $3,332Premises and equipment expense
  • $16,963Additional noninterest expense
  • -$24,855Pre-tax net operating income
  • $606Securities gains (losses)
  • -$133Applicable income taxes
  • -$24,116Income before extraordinary items
  • $0Extraordinary gains - net
  • -$24,116Net income attributable to bank
  • $0Net charge-offs
  • -$24,116Cash dividends
  • $29,280Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.51%Yield on earning assets
  • 2.48%Cost of funding earning assets
  • 2.03%Net interest margin
  • 0.79%Noninterest income to earning assets
  • 4.44%Noninterest expense to earning assets
  • -3.18%Net operating income to assets
  • -3.11%Return on assets (ROA)
  • -3.12%Pretax return on assets
  • -80.00%Return on equity (ROE)
  • -80.00%Retained earnings to average equity (YTD only)
  • 5.25%Net charge-offs to loans
  • 48.07%Credit loss provision to net charge-offs
  • -0.37%Efficiency ratio
  • 157,595Assets per employee
  • 5.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 6.74%Loss allowance to noncurrent loans
  • 27.49%Noncurrent assets plus other real estate owned to assets
  • 29.20%Noncurrent loans to loans
  • 24.51%Net loans and leases to deposits
  • 64.27%Net loans and leases to core deposits
  • 87.07%Equity capital to assets
  • 2.92%Core capital (leverage) ratio
  • 2.83%Tier 1 risk-based capital ratio
  • 3.88%Total risk-based capital ratio
  • Memoranda
  • $5Average assets
  • $776,061Average earning assets
  • $30,146Average equity
  • $664,811Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $22,446Managed Assets
  • 1Number of Accounts
  • $21,589Personal trust and agency accounts
  • $9,115Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $942Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $11,532Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 48Number of Accounts
  • $0Personal trust and agency accounts
  • $942Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $857Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $857Fiduciary accounts held in foreign offices

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