The Smith County State Bank and Trust Company - Overview
General
FDIC Certificate #: 9664 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:The Peoples Bank (#1147) Federal Reserve ID: 479455 Date Established: January 01, 1886 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 6183 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: January 01, 1934 Last Structure Change Effective Date: June 13, 2008 Last Structure Change Process Date: June 17, 2008 Last Data Update: June 17, 2008 Data Source Date: April 05, 2012
Location
Address: 136 South Main, Smith Center, KS 66967 County: Smith 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: $63.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
29Total employees (full-time equivalent)
$59,404Total assets
$1,749Cash and due from depository institutions
$0Interest-bearing balances
$27,065Securities
$5,859Federal funds sold & reverse repurchase agreements
$23,657Net loans & leases
$348Loan loss allowance
$0Trading account assets
$346Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$728All other assets
$59,404Total liabilities and capital
$52,345Total liabilities
$52,202Total deposits
$44,971Interest-bearing deposits
$52,202Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$143All other liabilities
$7,059Total equity capital
$7,059Total bank equity capital
$7,059Perpetual preferred stock
$0Common stock
$254Surplus
$621Undivided profits
Memoranda
$6,184Noncurrent loans and leases
$4,593Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$102Earning assets
$0Long-term assets (5+ years)
$695Average Assets, year-to-date
$56,581Average Assets, quarterly
$9,090Volatile liabilities
$58,994Insider loans
$57,981FHLB advances
$7,669Loans and leases held for sale
$752Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,593Total unused commitments
$0Restructured Loans and leases
$348Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$3,276Total interest income
$1,213Total interest expense
$2,063Net interest income
$79Provision for loan and lease losses
$1,614Total noninterest income
$1,423Fiduciary activities
$83Service charges on deposit accounts
$0Trading account gains & fees
$108Additional noninterest income
$2,898Total noninterest expense
$1,966Salaries and employee benefits
$199Premises and equipment expense
$733Additional noninterest expense
$700Pre-tax net operating income
$2Securities gains (losses)
$23Applicable income taxes
$679Income before extraordinary items
$0Extraordinary gains - net
$679Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$274Sale, conversion, retirement of capital stock, net
$740Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.83%Yield on earning assets
2.16%Cost of funding earning assets
3.67%Net interest margin
2.87%Noninterest income to earning assets
5.15%Noninterest expense to earning assets
1.15%Net operating income to assets
1.15%Return on assets (ROA)
1.19%Pretax return on assets
9.76%Return on equity (ROE)
-0.88%Retained earnings to average equity (YTD only)
1.13%Net charge-offs to loans
28.83%Credit loss provision to net charge-offs
2.84%Efficiency ratio
78,814Assets per employee
2.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
108.98%Loss allowance to loans
1.45%Loss allowance to noncurrent loans
341.18%Noncurrent assets plus other real estate owned to assets
0.17%Noncurrent loans to loans
0.42%Net loans and leases to deposits
45.32%Net loans and leases to core deposits
53.12%Equity capital to assets
11.88%Core capital (leverage) ratio
12.09%Tier 1 risk-based capital ratio
23.60%Total risk-based capital ratio
Memoranda
$25Average assets
$58,994Average earning assets
$6,956Average equity
$56,238Average loans
Total Fiduciary and Related Assets (December 31, 2007)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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