FDIC Certificate #: 17982 Status: Active Federal Reserve ID: 490955 Bank Holding Company (Regulatory Top Holder): J & M Bancshares, Inc. (RSSDID: 1067943, Location: Walton, KS) Date Established: May 27, 1907 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 #: 11913 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: April 09, 1959 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: September 29, 2010 Last Data Update: September 29, 2010 Data Source Date: April 05, 2012
Location
Address: 116 Main St, Walton, KS 67151 County: Harvey 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 Metropolitan Statistical Area (MSA): Wichita, KS (#9040) Combined Statistical Area (CSA): Wichita-Winfield, KS (#556) Core Based Statistical Area (CBSA): Wichita, KS (#48620) CBSA Metro Statistical Area: Wichita, KS (#48620)
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Corrections
Financial Summary
Total assets: $8.6 mil Equity capital: $0.6 mil Deposits held in domestic offices: $8.0 mil Return on assets (ROA): 0.39% ($0.0 mil) Quarterly return on assets: 0.24% ($0.0 mil) Return on Equity (ROE): 5.22% ($0.1 mil) Quarterly return on equity: 3.21% ($0.0 mil) Net income: $0.0 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.47% ($40.6 mil) Quarterly Pretax return on assets: 0.33% ($28.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
3Total employees (full-time equivalent)
$8,648Total assets
$570Cash and due from depository institutions
$4Interest-bearing balances
$3,655Securities
$496Federal funds sold & reverse repurchase agreements
$3,634Net loans & leases
$43Loan loss allowance
$0Trading account assets
$164Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$8,648Life insurance assets
$129All other assets
$8,026Total liabilities and capital
$8,015Total liabilities
$6,536Total deposits
$8,015Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$11Subordinated debt
$622All other liabilities
$622Total equity capital
$622Total bank equity capital
$0Perpetual preferred stock
$60Common stock
$119Surplus
$443Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$107Income earned, not collected on loans
$0Earning assets
$46Long-term assets (5+ years)
$7,789Average Assets, year-to-date
$2,831Average Assets, quarterly
$8,111Volatile liabilities
$8,396Insider loans
$3,985FHLB advances
$8,474Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$622Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$232Restructured Loans and leases
$359Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$339Total interest income
$52Total interest expense
$287Net interest income
$1Provision for loan and lease losses
$78Total noninterest income
$0Fiduciary activities
$55Service charges on deposit accounts
$0Trading account gains & fees
$23Additional noninterest income
$326Total noninterest expense
$156Salaries and employee benefits
$59Premises and equipment expense
$111Additional noninterest expense
$38Pre-tax net operating income
$0Securities gains (losses)
$6Applicable income taxes
$32Income before extraordinary items
$0Extraordinary gains - net
$32Net income attributable to bank
$0Net charge-offs
$32Cash dividends
$1Sale, conversion, retirement of capital stock, net
$8Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.47%Yield on earning assets
0.68%Cost of funding earning assets
3.78%Net interest margin
1.03%Noninterest income to earning assets
4.29%Noninterest expense to earning assets
0.39%Net operating income to assets
0.39%Return on assets (ROA)
0.47%Pretax return on assets
5.22%Return on equity (ROE)
3.91%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
39.00%Efficiency ratio
89,315Assets per employee
2.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
25.00%Loss allowance to loans
1.17%Loss allowance to noncurrent loans
40.19%Noncurrent assets plus other real estate owned to assets
1.24%Noncurrent loans to loans
2.91%Net loans and leases to deposits
45.34%Net loans and leases to core deposits
45.34%Equity capital to assets
7.19%Core capital (leverage) ratio
7.34%Tier 1 risk-based capital ratio
15.61%Total risk-based capital ratio
Memoranda
$17Average assets
$8,111Average earning assets
$613Average equity
$7,592Average loans
List of branches
1 Kansas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
11913
The Walton State Bank
116 Main St, Walton, KS 67151
May 27, 1907
Full Service Brick and Mortar
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