FDIC Certificate #: 17601 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Western State Bank (#21121) Federal Reserve ID: 112051 Date Established: Febuary 01, 1892 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 11573 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: May 18, 1956 Last Structure Change Effective Date: October 23, 1999 Last Structure Change Process Date: November 09, 1999 Last Data Update: November 09, 1999 Data Source Date: April 05, 2012
Location
Address: Second And Broadway, Leoti, KS 67861 County: Wichita 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: $59.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
24Total employees (full-time equivalent)
$61,185Total assets
$2,272Cash and due from depository institutions
$0Interest-bearing balances
$10,800Securities
$10,700Federal funds sold & reverse repurchase agreements
$35,060Net loans & leases
$662Loan loss allowance
$0Trading account assets
$1,145Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,208All other assets
$61,185Total liabilities and capital
$55,162Total liabilities
$54,649Total deposits
$45,702Interest-bearing deposits
$54,649Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$513All other liabilities
$6,023Total equity capital
$6,023Total bank equity capital
$6,023Perpetual preferred stock
$0Common stock
$150Surplus
$600Undivided profits
Memoranda
$5,273Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$258Earning assets
$0Long-term assets (5+ years)
$1,002Average Assets, year-to-date
$56,560Average Assets, quarterly
$1,163Volatile liabilities
$58,552Insider loans
$59,927FHLB advances
$4,501Loans and leases held for sale
$1,395Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,757Total unused commitments
$0Restructured Loans and leases
$39,910Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$4,698Total interest income
$2,054Total interest expense
$2,644Net interest income
$0Provision for loan and lease losses
$225Total noninterest income
$0Fiduciary activities
$151Service charges on deposit accounts
$0Trading account gains & fees
$74Additional noninterest income
$1,480Total noninterest expense
$758Salaries and employee benefits
$141Premises and equipment expense
$581Additional noninterest expense
$1,389Pre-tax net operating income
$0Securities gains (losses)
$458Applicable income taxes
$931Income before extraordinary items
$0Extraordinary gains - net
$931Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$53Sale, conversion, retirement of capital stock, net
$601Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.77%Yield on earning assets
3.83%Cost of funding earning assets
4.94%Net interest margin
0.42%Noninterest income to earning assets
2.76%Noninterest expense to earning assets
1.59%Net operating income to assets
1.59%Return on assets (ROA)
2.37%Pretax return on assets
15.81%Return on equity (ROE)
5.60%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
26.21%Efficiency ratio
51,586Assets per employee
2.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
64.55%Loss allowance to loans
1.85%Loss allowance to noncurrent loans
256.59%Noncurrent assets plus other real estate owned to assets
0.42%Noncurrent loans to loans
0.72%Net loans and leases to deposits
64.15%Net loans and leases to core deposits
69.91%Equity capital to assets
9.84%Core capital (leverage) ratio
9.59%Tier 1 risk-based capital ratio
14.95%Total risk-based capital ratio
Memoranda
$16Average assets
$58,552Average earning assets
$5,889Average equity
$53,575Average loans
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