The Bank of Versailles Reports – 625850

The Bank of Versailles Financial Reports

Quater Ended: 2023-12-31

The Bank of Versailles is a N/A located in Versailles, MO. Established on 01/01/1882, the bank is regulated by the FED and has 5 domestic offices. It operates in the N/A.

The bank has 43 employees and holds $326,895k in total assets. With a focus on community banking, the bank has been serving its customers since 01/01/1882.

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The Bank of Versailles Institution Profile

Established Date 01/01/1882 Institution Class N/A
Primary Regulator FED Number of Domestic Offices 5
Number of Foreign Offices 0 Number of US Offices 0
Number of Employees 43 Directly owned by another bank (CERT) No
Community Bank Yes ZIP 65084
Ownership Type Not Mutual City Versailles
State Alpha code MO State and County Number 29141
Subchapter S Corporations No Trust Powers Trust Powers Not Known
Federal Reserve ID Number 10 Federal Reserve ID Number Description KANSAS CITY
Office of The Comptroller District: WESTERN DISTRICT Office of Thrift Supervision Region West
Last Structure Change Effective Date 08/31/2022 Date of Deposit Insurance 01/01/1934
Primary Insurance Agency DIF

Institution Profile Overview

Delve into the foundational details of The Bank of Versailles with our “Institution Profile” table. The 01/01/1882 marks the bank’s inception, providing historical context. Categorized as a N/A, the bank operates under the oversight of FED, ensuring compliance and regulatory adherence.

5 domestic offices reflect the bank’s physical footprint, while insights into ownership type, trust powers, and regulatory affiliations contribute to understanding its operational structure. Details such as Versailles, MO, and 65084 provide geographic context. Explore these attributes to gain a holistic view of The Bank of Versailles in the financial landscape.

The Bank of Versailles Financials

(USD, in thousands)

Total Assets 326,895 Total Liabilities 283,454
Total Equity Capital 43,441 Total Deposits 260,920
Net Loans and Leases 286,237 Total Interest Income 3,694
Total Noninterest Income 57 Total Interest Expense 1,017
Total Noninterest Expense 1,439 Tier 1 Risk-Based Capital Ratio 0
Net Loans and Leases to Core Deposits 115 Return on Assets 1
Return on Equity 9 Efficiency Ratio 53

Financial Performance Overview

Gain a comprehensive perspective on The Bank of Versailles’s financial landscape through our “Financials” table. The bank boasts total assets of $326,895k, showcasing its substantial scale and influential market presence. A nuanced breakdown reveals insights into the bank’s financial structure and stability, with total liabilities standing at $283,454k and total equity capital at $43,441k.

Delve into key operational metrics, including total deposits of $260,920k, net loans and leases at $286k, and a meticulous analysis of income and expense components. Explore vital ratios such as the Tier 1 Risk-Based Capital Ratio, standing at 0, and Return on Assets at 1.17. These metrics provide valuable insights into the bank’s risk management strategies and overall profitability.

This detailed financial overview is designed to enhance your understanding of The Bank of Versailles’s performance and competitive positioning within the financial industry.

The Bank of Versailles Additional Financial Information

(USD, in thousands)

Earnings Coverage of Net Loan Charge-Offs(x) 0 Net Loans and Leases to Core Deposits 115
Tier 1 Risk-Based Capital Ratio 0 Securities Gains (Losses) 0
Goodwill and Other Intangibles N/A Cost of Funding Earning Assets 1
Yield on Earning Assets 5 Total Interest Income 3,694
Applicable Income Taxes 283 Loss Allowance to Loans and Leases 1
Net Loans and Leases 286,237 Loss Allowance to Noncurrent Loans and Leases 4,076
Noncurrent Loans to Loans 0 Net Income Attributable to Bank and Noncontrolling Interests 953
Net Interest Income 2,677 Net Interest Margin 3
Net Operating Income to Assets 1 Noninterest Income to Average Assets 0
Total Noninterest Income 57 Noninterest Expense to Average Assets 2
Total Noninterest Expense 1,439 Net Charge-Offs to Loans and Leases 0
All Other Assets 2,837 Other Real Estate Owned 0
Other borrowed funds 22,000 Pre-tax Net Operating Income 1,236
Pretax Return on Assets 2 Return on Assets 1
Retained Earnings to Average Equity (YTD only) 7

Insights into Financial Metrics

Enhance your understanding of The Bank of Versailles’s financial standing through our “Additional Financial Information” table. Explore key metrics such as Net Loans and Leases: $286,237k and Net Interest Income $2,677k to gain valuable insights into the bank’s core operations and revenue streams. Assess the Tier 1 Risk-Based Capital Ratio: 0 for in-depth insights into capital adequacy and risk management strategies.

Delve into the intricacies of Net Charge-Offs to Loans and Leases: 0 to evaluate the bank’s asset quality and risk mitigation efforts. Examine the composition of income through Total Noninterest Income:$57k and evaluate operational efficiency using metrics like Efficiency Ratio: 52.63. This nuanced financial overview empowers a comprehensive analysis of The Bank of Versailles’s strategic financial position and performance in the industry.

This table provides key financial information about The Bank of Versailles. Get more data about The Bank of Versailles on Visbanking Report Portal.