The State Bank in Winfield, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 2006

The State Bank in Winfield, Kansas (KS)
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The State Bank - Overview

General
FDIC Certificate #: 1151
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Union State Bank (#1869)
Federal Reserve ID: 502157
Date Established: January 01, 1905
WWW: http://www.thestatebankonline.com
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 4 (Interstate: No)
OTS Docket #: 13275
FDIC's unique #: 788
Numeric code: 13
Regulator: FED
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: July 01, 2006
Last Structure Change Process Date: October 25, 2006
Last Data Update: October 25, 2006
Data Source Date: April 05, 2012
Location
Address: 823 Main, Winfield, KS 67156
County: Cowley
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
Combined Statistical Area (CSA): Wichita-Winfield, KS (#556)
Core Based Statistical Area (CBSA): Winfield, KS (#49060)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $105.5 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, 2005)

Dollar figures in thousands
37Total employees (full-time equivalent)
$103,726Total assets
$3,688Cash and due from depository institutions
$1,105Interest-bearing balances
$34,849Securities
$1,530Federal funds sold & reverse repurchase agreements
$59,260Net loans & leases
$835Loan loss allowance
$0Trading account assets
$1,363Bank premises and fixed assets
$0Other real estate owned
$1,594Goodwill and other intangibles
$0Life insurance assets
$1,442All other assets
$103,726Total liabilities and capital
$93,663Total liabilities
$85,981Total deposits
$71,059Interest-bearing deposits
$85,981Deposits held in domestic offices
0.00%% insured (estimated)
$4,361Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,992Other borrowed funds
$0Subordinated debt
$329All other liabilities
$10,063Total equity capital
$10,063Total bank equity capital
$10,063Perpetual preferred stock
$0Common stock
$100Surplus
$3,100Undivided profits
Memoranda
$6,863Noncurrent loans and leases
$9,160Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$401Earning assets
$251Long-term assets (5+ years)
$742Average Assets, year-to-date
$96,744Average Assets, quarterly
$15,959Volatile liabilities
$103,770Insider loans
$103,702FHLB advances
$18,901Loans and leases held for sale
$1,351Unused loan commitments
$2,992Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,160Total unused commitments
$0Restructured Loans and leases
$752Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$5,861Total interest income
$1,570Total interest expense
$4,291Net interest income
$322Provision for loan and lease losses
$761Total noninterest income
$0Fiduciary activities
$504Service charges on deposit accounts
$0Trading account gains & fees
$257Additional noninterest income
$3,166Total noninterest expense
$1,827Salaries and employee benefits
$398Premises and equipment expense
$941Additional noninterest expense
$1,564Pre-tax net operating income
-$9Securities gains (losses)
$22Applicable income taxes
$1,533Income before extraordinary items
$0Extraordinary gains - net
$1,533Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$38Sale, conversion, retirement of capital stock, net
$1,210Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.08%Yield on earning assets
1.63%Cost of funding earning assets
4.45%Net interest margin
0.79%Noninterest income to earning assets
3.28%Noninterest expense to earning assets
1.49%Net operating income to assets
1.48%Return on assets (ROA)
1.50%Pretax return on assets
15.21%Return on equity (ROE)
3.21%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
847.37%Credit loss provision to net charge-offs
49.63%Efficiency ratio
60,788Assets per employee
2.80%Cash dividends to net income (YTD only)
Condition Ratios (%)
78.93%Loss allowance to loans
1.39%Loss allowance to noncurrent loans
208.23%Noncurrent assets plus other real estate owned to assets
0.39%Noncurrent loans to loans
0.67%Net loans and leases to deposits
68.92%Net loans and leases to core deposits
81.14%Equity capital to assets
9.70%Core capital (leverage) ratio
8.83%Tier 1 risk-based capital ratio
15.10%Total risk-based capital ratio
Memoranda
$16Average assets
$103,770Average earning assets
$10,076Average equity
$96,442Average loans

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