City National Bank of Pittsburg in Pittsburg, Kansas (KS)



Table of contents:
City National Bank of Pittsburg
GeneralFDIC Certificate #: 19408
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Commerce Bank (#24998)
Federal Reserve ID: 527253
Date Established: April 14, 1965
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Interstate: No)
OTS Docket #: 11658
FDIC's unique #: 13211
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: April 14, 1965
Last Structure Change Effective Date: August 13, 1999
Last Structure Change Process Date: August 20, 1999
Last Data Update: August 20, 1999
Data Source Date: April 05, 2012
LocationAddress: 100 South Broadway, Pittsburg, KS 66762
County: Crawford
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Springfield Mo
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): Pittsburg, KS (#38260)
CBSA Micro Statistical Area: Yes
Financial SummaryTotal assets: $121.1 mil

1992 - 1999 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, 1998)
(Dollar figures in thousands)
Total employees (full-time equivalent)49
Total assets$126,705
Cash and due from depository institutions$7,003
Interest-bearing balances$47
Securities$45,178
Federal funds sold & reverse repurchase agreements$17,800
Net loans & leases$53,598
Loan loss allowance $953
Trading account assets$0
Bank premises and fixed assets$2,251
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$875
Life insurance assets$0
Total liabilities and capital$126,705
Total liabilities$112,712
Total deposits$109,063
Interest-bearing deposits$96,649
Deposits held in domestic offices$109,063
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $2,907
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $742
Total equity capital$13,993
Total bank equity capital$13,993
Perpetual preferred stock$13,993
Common stock$0
Surplus$450
Undivided profits $1,000
Memoranda
Noncurrent loans and leases $12,543
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $292
Long-term assets (5+ years) $158
Average Assets, year-to-date $341
Average Assets, quarterly $116,623
Volatile liabilities $33,680
Insider loans $124,787
FHLB advances $127,289
Loans and leases held for sale $21,064
Unused loan commitments $2,665
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $6,617
Restructured Loans and leases $0
Derivatives$56,179
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Income and Expense (December 31, 1998)
(Dollar figures in thousands)
Total interest income $8,666
Total interest expense $4,300
Net interest income $4,366
Provision for loan and lease losses $98
Total noninterest income $679
Fiduciary activities $163
Service charges on deposit accounts $440
Trading account gains & fees $0
Additional noninterest income $76
Total noninterest expense $2,685
Salaries and employee benefits $1,316
Premises and equipment expense $320
Additional noninterest expense $1,049
Pre-tax net operating income $2,262
Securities gains (losses) $2
Applicable income taxes $731
Income before extraordinary items $1,533
Extraordinary gains - net $0
Net income attributable to bank $1,533
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $38
Net operating income $1,750
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Performance and Condition Ratios (December 31, 1998)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets7.41%
Cost of funding earning assets 3.68%
Net interest margin 3.73%
Noninterest income to earning assets 0.58%
Noninterest expense to earning assets 2.30%
Net operating income to assets 1.23%
Return on assets (ROA) 1.23%
Pretax return on assets 1.81%
Return on equity (ROE) 10.46%
Retained earnings to average equity (YTD only) -1.48%
Net charge-offs to loans 0.07%
Credit loss provision to net charge-offs 257.89%
Efficiency ratio62.11%
Assets per employee$53,221
Cash dividends to net income (YTD only)2.59%
Condition Ratios (%)
Loss allowance to loans 114.16%
Loss allowance to noncurrent loans 1.75%
Noncurrent assets plus other real estate owned to assets 326.37%
Noncurrent loans to loans 0.23%
Net loans and leases to deposits0.54%
Net loans and leases to core deposits 49.14%
Equity capital to assets 58.96%
Core capital (leverage) ratio 11.04%
Tier 1 risk-based capital ratio 10.96%
Total risk-based capital ratio 24.53%
Memoranda
Average assets$26
Average earning assets$124,787
Average equity $14,659
Average loans $116,960
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