FDIC Certificate #: 10924 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:The Morrill and Janes Bank and Trust Company (#1143) Federal Reserve ID: 391650 Date Established: January 01, 1885 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 10235 FDIC's unique #: 6996 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: January 01, 1934 Last Structure Change Effective Date: November 09, 2002 Last Structure Change Process Date: November 20, 2002 Last Data Update: November 20, 2002 Data Source Date: April 05, 2012
Location
Address: 21 Main, Sabetha, KS 66534 County: Nemaha 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
Financial Summary
Total assets: $71.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
15Total employees (full-time equivalent)
$67,937Total assets
$2,471Cash and due from depository institutions
$0Interest-bearing balances
$17,042Securities
$936Federal funds sold & reverse repurchase agreements
$44,669Net loans & leases
$889Loan loss allowance
$0Trading account assets
$752Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,067All other assets
$67,937Total liabilities and capital
$63,001Total liabilities
$50,523Total deposits
$45,916Interest-bearing deposits
$50,523Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$12,065Other borrowed funds
$0Subordinated debt
$413All other liabilities
$4,936Total equity capital
$4,936Total bank equity capital
$4,936Perpetual preferred stock
$0Common stock
$65Surplus
$1,900Undivided profits
Memoranda
$2,971Noncurrent loans and leases
$16,293Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$113Earning assets
$0Long-term assets (5+ years)
$917Average Assets, year-to-date
$62,647Average Assets, quarterly
$15,001Volatile liabilities
$65,338Insider loans
$66,954FHLB advances
$16,769Loans and leases held for sale
$167Unused loan commitments
$12,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$16,293Total unused commitments
$0Restructured Loans and leases
$576Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$4,807Total interest income
$2,639Total interest expense
$2,168Net interest income
$76Provision for loan and lease losses
$304Total noninterest income
$0Fiduciary activities
$229Service charges on deposit accounts
$0Trading account gains & fees
$75Additional noninterest income
$1,204Total noninterest expense
$444Salaries and employee benefits
$181Premises and equipment expense
$579Additional noninterest expense
$1,192Pre-tax net operating income
$16Securities gains (losses)
$444Applicable income taxes
$764Income before extraordinary items
$0Extraordinary gains - net
$764Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$7Sale, conversion, retirement of capital stock, net
$559Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.85%Yield on earning assets
4.31%Cost of funding earning assets
3.54%Net interest margin
0.50%Noninterest income to earning assets
1.97%Noninterest expense to earning assets
1.15%Net operating income to assets
1.17%Return on assets (ROA)
1.85%Pretax return on assets
15.72%Return on equity (ROE)
4.22%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
1085.71%Credit loss provision to net charge-offs
181.14%Efficiency ratio
48,706Assets per employee
4.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
73.17%Loss allowance to loans
1.95%Loss allowance to noncurrent loans
786.73%Noncurrent assets plus other real estate owned to assets
0.17%Noncurrent loans to loans
0.25%Net loans and leases to deposits
88.41%Net loans and leases to core deposits
132.08%Equity capital to assets
7.27%Core capital (leverage) ratio
7.28%Tier 1 risk-based capital ratio
10.72%Total risk-based capital ratio
Memoranda
$12Average assets
$65,338Average earning assets
$4,860Average equity
$61,234Average loans
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