FDIC Certificate #: 17279 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Citizens State Bank (#17672) Federal Reserve ID: 934057 Date Established: June 01, 1907 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 11298 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: December 07, 1953 Last Structure Change Effective Date: March 07, 1998 Last Structure Change Process Date: March 18, 1998 Last Data Update: March 21, 1998 Data Source Date: April 05, 2012
Location
Address: 201 North Main Street, Hesston, KS 67062 County: Harvey Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Wichita Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Wichita, KS (#9040) Combined Statistical Area (CSA): Wichita-Winfield, KS (#556) Core Based Statistical Area (CBSA): Wichita, KS (#48620) CBSA Metro Statistical Area: Wichita, KS (#48620)
Financial Summary
Total assets: $35.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
10Total employees (full-time equivalent)
$35,667Total assets
$1,740Cash and due from depository institutions
$0Interest-bearing balances
$17,041Securities
$1,700Federal funds sold & reverse repurchase agreements
$14,364Net loans & leases
$908Loan loss allowance
$0Trading account assets
$435Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$387All other assets
$35,667Total liabilities and capital
$31,350Total liabilities
$31,158Total deposits
$26,205Interest-bearing deposits
$31,158Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$192All other liabilities
$4,317Total equity capital
$4,317Total bank equity capital
$4,317Perpetual preferred stock
$0Common stock
$150Surplus
$1,850Undivided profits
Memoranda
$2,317Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$55Earning assets
$0Long-term assets (5+ years)
$187Average Assets, year-to-date
$33,105Average Assets, quarterly
$4,297Volatile liabilities
$35,024Insider loans
$35,964FHLB advances
$736Loans and leases held for sale
$8Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,662Total unused commitments
$0Restructured Loans and leases
$17,099Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$2,486Total interest income
$1,113Total interest expense
$1,373Net interest income
$0Provision for loan and lease losses
$151Total noninterest income
$0Fiduciary activities
$105Service charges on deposit accounts
$0Trading account gains & fees
$46Additional noninterest income
$704Total noninterest expense
$366Salaries and employee benefits
$69Premises and equipment expense
$269Additional noninterest expense
$820Pre-tax net operating income
-$5Securities gains (losses)
$234Applicable income taxes
$581Income before extraordinary items
$0Extraordinary gains - net
$581Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$63Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.57%Yield on earning assets
3.39%Cost of funding earning assets
4.18%Net interest margin
0.46%Noninterest income to earning assets
2.14%Noninterest expense to earning assets
1.67%Net operating income to assets
1.66%Return on assets (ROA)
2.33%Pretax return on assets
14.55%Return on equity (ROE)
14.55%Retained earnings to average equity (YTD only)
-0.45%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
46,194Assets per employee
3.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.95%Loss allowance to noncurrent loans
1650.91%Noncurrent assets plus other real estate owned to assets
0.15%Noncurrent loans to loans
0.36%Net loans and leases to deposits
46.10%Net loans and leases to core deposits
47.22%Equity capital to assets
12.10%Core capital (leverage) ratio
11.79%Tier 1 risk-based capital ratio
24.93%Total risk-based capital ratio
Memoranda
$26Average assets
$35,024Average earning assets
$3,992Average equity
$32,824Average loans
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