FDIC Certificate #: 17375 Status: Active Federal Reserve ID: 571957 Date Established: November 01, 1887 WWW:http://www.stateexchange.net Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 11378 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: December 16, 1954 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 107 South Commercial Street, Mankato, KS 66956 County: Jewell 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
History of Changes
Corrections
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $36.1 mil Equity capital: $3.5 mil Deposits held in domestic offices: $31.1 mil Return on assets (ROA): 1.40% ($0.5 mil) Quarterly return on assets: 1.08% ($0.4 mil) Return on Equity (ROE): 14.94% ($0.4 mil) Quarterly return on equity: 10.79% ($0.3 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.47% ($530.9 mil) Quarterly Pretax return on assets: 1.17% ($422.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
8Total employees (full-time equivalent)
$36,117Total assets
$3,635Cash and due from depository institutions
$3,009Interest-bearing balances
$15,630Securities
$91Federal funds sold & reverse repurchase agreements
$15,609Net loans & leases
$301Loan loss allowance
$0Trading account assets
$44Bank premises and fixed assets
$260Other real estate owned
$0Goodwill and other intangibles
$36,116Life insurance assets
$848All other assets
$32,639Total liabilities and capital
$31,070Total liabilities
$25,123Total deposits
$31,070Interest-bearing deposits
$81Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,500Trading liabilities
$0Other borrowed funds
$69Subordinated debt
$3,477All other liabilities
$3,477Total equity capital
$3,477Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$200Surplus
$3,177Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$132Income earned, not collected on loans
$0Earning assets
$481Long-term assets (5+ years)
$34,339Average Assets, year-to-date
$12,356Average Assets, quarterly
$33,516Volatile liabilities
$34,300Insider loans
$19,416FHLB advances
$34,740Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,230Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,606Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,544Total interest income
$308Total interest expense
$1,236Net interest income
$0Provision for loan and lease losses
$72Total noninterest income
$0Fiduciary activities
$60Service charges on deposit accounts
$0Trading account gains & fees
$12Additional noninterest income
$843Total noninterest expense
$476Salaries and employee benefits
$52Premises and equipment expense
$315Additional noninterest expense
$465Pre-tax net operating income
$27Securities gains (losses)
$22Applicable income taxes
$470Income before extraordinary items
$0Extraordinary gains - net
$470Net income attributable to bank
$0Net charge-offs
$470Cash dividends
-$17Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.87%Yield on earning assets
0.97%Cost of funding earning assets
3.90%Net interest margin
0.23%Noninterest income to earning assets
2.66%Noninterest expense to earning assets
1.32%Net operating income to assets
1.40%Return on assets (ROA)
1.47%Pretax return on assets
14.94%Return on equity (ROE)
14.94%Retained earnings to average equity (YTD only)
-0.10%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
64,450Assets per employee
4.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.89%Loss allowance to noncurrent loans
228.03%Noncurrent assets plus other real estate owned to assets
1.09%Noncurrent loans to loans
0.83%Net loans and leases to deposits
50.24%Net loans and leases to core deposits
50.66%Equity capital to assets
9.63%Core capital (leverage) ratio
9.30%Tier 1 risk-based capital ratio
16.64%Total risk-based capital ratio
Memoranda
$18Average assets
$33,516Average earning assets
$3,146Average equity
$31,674Average loans
List of branches
1 Kansas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
11378
The State Exchange Bank
107 South Commercial Street, Mankato, KS 66956
November 01, 1887
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The State Exchange Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: