Fidelity State Bank in Garden City, Kansas (KS)
Table of contents:
| Fidelity State Bank | |
|---|---|
| General | FDIC Certificate #: 8104 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Commerce Bank, National Association (#10911) Federal Reserve ID: 925457 Date Established: October 27, 1924 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 6 (Interstate: No) FDIC's unique #: 5156 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: November 24, 1998 Last Structure Change Process Date: Febuary 01, 1999 Last Data Update: Febuary 01, 1999 Data Source Date: April 05, 2012 |
| Location | Address: 215 North Main Street, Garden City, KS 67846 County: Finney 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 Core Based Statistical Area (CBSA): Garden City, KS (#23780) CBSA Micro Statistical Area: Yes |
| Financial Summary | Total assets: $171.0 mil |
| Assets and Liabilities (December 31, 1997) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 90 |
| Total assets | $177,574 |
| Cash and due from depository institutions | $13,722 |
| Interest-bearing balances | $0 |
| Securities | $40,776 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $116,773 |
| Loan loss allowance | $2,515 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $3,555 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $2,748 |
| Life insurance assets | $0 |
| Total liabilities and capital | $177,574 |
| Total liabilities | $163,656 |
| Total deposits | $161,710 |
| Interest-bearing deposits | $148,423 |
| Deposits held in domestic offices | $161,710 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $1,125 |
| Trading liabilities | $0 |
| Other borrowed funds | $38 |
| Subordinated debt | $0 |
| All other liabilities | $783 |
| Total equity capital | $13,918 |
| Total bank equity capital | $13,918 |
| Perpetual preferred stock | $13,918 |
| Common stock | $0 |
| Surplus | $1,000 |
| Undivided profits | $4,000 |
| Memoranda | |
| Noncurrent loans and leases | $8,918 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $0 |
| Earning assets | $1,322 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $1,706 |
| Average Assets, quarterly | $157,549 |
| Volatile liabilities | $3,541 |
| Insider loans | $166,641 |
| FHLB advances | $173,836 |
| Loans and leases held for sale | $34,082 |
| Unused loan commitments | $4,843 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $163 |
| Total unused commitments | $54,995 |
| Restructured Loans and leases | $0 |
| Derivatives | $146,691 |
| Income and Expense (December 31, 1997) (Dollar figures in thousands) | |
| Total interest income | $12,933 |
| Total interest expense | $6,303 |
| Net interest income | $6,630 |
| Provision for loan and lease losses | $458 |
| Total noninterest income | $1,674 |
| Fiduciary activities | $296 |
| Service charges on deposit accounts | $493 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $885 |
| Total noninterest expense | $4,873 |
| Salaries and employee benefits | $2,700 |
| Premises and equipment expense | $782 |
| Additional noninterest expense | $1,391 |
| Pre-tax net operating income | $2,973 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $1,080 |
| Income before extraordinary items | $1,893 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $1,893 |
| Net charge-offs | $0 |
| Cash dividends | $0 |
| Sale, conversion, retirement of capital stock, net | $60 |
| Net operating income | $900 |
| Performance and Condition Ratios (December 31, 1997) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 8.54% |
| Cost of funding earning assets | 4.16% |
| Net interest margin | 4.38% |
| Noninterest income to earning assets | 1.11% |
| Noninterest expense to earning assets | 3.22% |
| Net operating income to assets | 1.14% |
| Return on assets (ROA) | 1.14% |
| Pretax return on assets | 1.78% |
| Return on equity (ROE) | 14.17% |
| Retained earnings to average equity (YTD only) | 7.43% |
| Net charge-offs to loans | 0.05% |
| Credit loss provision to net charge-offs | 763.33% |
| Efficiency ratio | 57.18% |
| Assets per employee | $58,683 |
| Cash dividends to net income (YTD only) | 1.97% |
| Condition Ratios (%) | |
| Loss allowance to loans | 47.54% |
| Loss allowance to noncurrent loans | 2.11% |
| Noncurrent assets plus other real estate owned to assets | 190.24% |
| Noncurrent loans to loans | 0.74% |
| Net loans and leases to deposits | 1.11% |
| Net loans and leases to core deposits | 72.21% |
| Equity capital to assets | 90.70% |
| Core capital (leverage) ratio | 7.84% |
| Tier 1 risk-based capital ratio | 8.07% |
| Total risk-based capital ratio | 9.47% |
| Memoranda | |
| Average assets | $11 |
| Average earning assets | $166,641 |
| Average equity | $13,362 |
| Average loans | $151,426 |
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