The Twin-City State Bank in Kansas City, Kansas (KS)
Table of contents:
| The Twin-City State Bank | |
|---|---|
| General | FDIC Certificate #: 11239 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Commerce Bank (#24998) Federal Reserve ID: 1011151 Date Established: June 20, 1920 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 7172 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 19, 1994 Last Structure Change Process Date: December 15, 1994 Last Data Update: December 15, 1994 Data Source Date: April 05, 2012 |
| Location | Address: 1906 West 43rd Street, Kansas City, KS 66103 County: Wyandotte Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Kansas City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760) Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312) Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140) CBSA Metro Statistical Area: Kansas City, MO-KS (#28140) |
| Financial Summary | Total assets: $91.8 mil |
| Assets and Liabilities (December 31, 1993) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $37 |
| Cash and due from depository institutions | $106,397 |
| Interest-bearing balances | $4,367 |
| Securities | $1,560 |
| Federal funds sold & reverse repurchase agreements | $53,683 |
| Net loans & leases | $5,800 |
| Loan loss allowance | $39,879 |
| Trading account assets | $292 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $678 |
| Goodwill and other intangibles | $742 |
| All other assets | $0 |
| Life insurance assets | $1,248 |
| Total liabilities and capital | $0 |
| Total liabilities | $106,397 |
| Total deposits | $95,331 |
| Interest-bearing deposits | $85,652 |
| Deposits held in domestic offices | $75,650 |
| % insured (estimated) | 85652.00% |
| Federal funds purchased & repurchase agreements | $82 |
| Trading liabilities | $9,000 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $0 |
| Total equity capital | $679 |
| Total bank equity capital | $679 |
| Perpetual preferred stock | $11,066 |
| Common stock | $0 |
| Surplus | $623 |
| Undivided profits | $1,000 |
| Memoranda | |
| Noncurrent loans and leases | $9,443 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $611 |
| Earning assets | $434 |
| Long-term assets (5+ years) | $100,922 |
| Average Assets, year-to-date | $25,083 |
| Average Assets, quarterly | $105,215 |
| Volatile liabilities | $104,873 |
| Insider loans | $21,161 |
| FHLB advances | $122 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $810 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $11,066 |
| Total unused commitments | $50,328 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1993) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $7,054 |
| Net interest income | $2,941 |
| Provision for loan and lease losses | $4,113 |
| Total noninterest income | $281 |
| Fiduciary activities | $771 |
| Service charges on deposit accounts | $8 |
| Trading account gains & fees | $454 |
| Additional noninterest income | $0 |
| Total noninterest expense | $309 |
| Salaries and employee benefits | $2,912 |
| Premises and equipment expense | $1,428 |
| Additional noninterest expense | $300 |
| Pre-tax net operating income | $1,184 |
| Securities gains (losses) | $1,691 |
| Applicable income taxes | $187 |
| Income before extraordinary items | $559 |
| Extraordinary gains - net | $1,319 |
| Net income attributable to bank | $109 |
| Net charge-offs | $1,428 |
| Cash dividends | $212 |
| Sale, conversion, retirement of capital stock, net | $1,050 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 1993) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 0.00% |
| Cost of funding earning assets | 7.13% |
| Net interest margin | 2.97% |
| Noninterest income to earning assets | 4.16% |
| Noninterest expense to earning assets | 0.78% |
| Net operating income to assets | 2.94% |
| Return on assets (ROA) | 1.13% |
| Pretax return on assets | 1.36% |
| Return on equity (ROE) | 1.89% |
| Retained earnings to average equity (YTD only) | 13.02% |
| Net charge-offs to loans | 3.45% |
| Credit loss provision to net charge-offs | 0.54% |
| Efficiency ratio | 132.55% |
| Assets per employee | $59,623 |
| Cash dividends to net income (YTD only) | 2.88% |
| Condition Ratios (%) | |
| Loss allowance to loans | 73.53% |
| Loss allowance to noncurrent loans | 0.73% |
| Noncurrent assets plus other real estate owned to assets | 47.79% |
| Noncurrent loans to loans | 0.67% |
| Net loans and leases to deposits | 1.52% |
| Net loans and leases to core deposits | 46.56% |
| Equity capital to assets | 54.26% |
| Core capital (leverage) ratio | 10.40% |
| Tier 1 risk-based capital ratio | 10.78% |
| Total risk-based capital ratio | 21.99% |
| Memoranda | |
| Average assets | $23 |
| Average earning assets | $105,215 |
| Average equity | $10,971 |
| Average loans | $98,904 |
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