The Miners State Bank of Frontenac, Kansas - Overview
General
FDIC Certificate #: 15099 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Labette Bank (#17068) Federal Reserve ID: 658157 Date Established: June 19, 1919 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 9476 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: April 25, 1935 Last Structure Change Effective Date: April 05, 2008 Last Structure Change Process Date: April 09, 2008 Last Data Update: April 09, 2008 Data Source Date: April 05, 2012
Location
Address: 242 East Mckay, Frontenac, KS 66763 County: Crawford 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: Western Core Based Statistical Area (CBSA): Pittsburg, KS (#38260) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $32.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
7Total employees (full-time equivalent)
$39,105Total assets
$1,476Cash and due from depository institutions
$0Interest-bearing balances
$12,073Securities
$11,297Federal funds sold & reverse repurchase agreements
$13,877Net loans & leases
$80Loan loss allowance
$0Trading account assets
$27Bank premises and fixed assets
$143Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$212All other assets
$39,105Total liabilities and capital
$27,219Total liabilities
$27,130Total deposits
$23,042Interest-bearing deposits
$27,130Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$89All other liabilities
$11,886Total equity capital
$11,886Total bank equity capital
$11,886Perpetual preferred stock
$0Common stock
$145Surplus
$271Undivided profits
Memoranda
$11,470Noncurrent loans and leases
$77Noncurrent 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)
$200Average Assets, year-to-date
$37,247Average Assets, quarterly
$613Volatile liabilities
$39,605Insider loans
$38,936FHLB advances
$1,809Loans and leases held for sale
$325Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$77Total unused commitments
$0Restructured Loans and leases
$80Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$2,044Total interest income
$560Total interest expense
$1,484Net interest income
-$6Provision for loan and lease losses
$156Total noninterest income
$0Fiduciary activities
$130Service charges on deposit accounts
$0Trading account gains & fees
$26Additional noninterest income
$677Total noninterest expense
$383Salaries and employee benefits
$57Premises and equipment expense
$237Additional noninterest expense
$969Pre-tax net operating income
$0Securities gains (losses)
$36Applicable income taxes
$933Income before extraordinary items
$0Extraordinary gains - net
$933Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$6Sale, conversion, retirement of capital stock, net
$782Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.41%Yield on earning assets
1.48%Cost of funding earning assets
3.92%Net interest margin
0.41%Noninterest income to earning assets
1.79%Noninterest expense to earning assets
2.36%Net operating income to assets
2.36%Return on assets (ROA)
2.45%Pretax return on assets
8.00%Return on equity (ROE)
1.29%Retained earnings to average equity (YTD only)
-0.04%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
41,280Assets per employee
5.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
83.82%Loss allowance to loans
0.57%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.37%Noncurrent loans to loans
0.00%Net loans and leases to deposits
51.15%Net loans and leases to core deposits
54.80%Equity capital to assets
30.40%Core capital (leverage) ratio
29.99%Tier 1 risk-based capital ratio
74.84%Total risk-based capital ratio
Memoranda
$75Average assets
$39,605Average earning assets
$11,662Average equity
$37,816Average loans
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