Corporate Application Overview for 2005
By: Dana S. Hampton, Director of Corporate Activities
Application activity of state-chartered banks and trust companies remains strong. During 2005, fifty-nine bank and trust company applications were filed. Applications processed include two new charters; twenty-eight new branches; six main/branch office relocations; five name changes; six mergers; eleven changes of control; and one contracting trustee. Also processed were thirty-seven new or renewal applications authorizing companies to conduct money transmitter business in Kansas.
At year-end 2004 the number of banks totaled 261. The number remains the same at year-end 2005 as a result of the merger of two banks and the opening of two new banks. The merger of Farmers State Bank, Hazelton, into Meno Guaranty Bank, Meno, Oklahoma, lowered the total to 260 effective January 1, 2006. Also, during 2005, EBK Trust Company, Overland Park, was merged into Midwest Trust Company, Overland Park, lowering the total number of Kansas state-chartered trust companies to ten.
Application activity summaries are available on the department's home page. As always, if you desire more details on any of the transactions, please feel free to contact our office. A summary of some of the applications and transactions completed during 2005 is provided in the following table.
New Bank Charter |
Location |
Date Opened |
|---|---|---|
| VisionBank | 712 South Kansas Avenue, Topeka | 5-2-05 |
| RelianzBank | 2327 North Ridge Road, Wichita | 12-12-05 |
New Branch |
Branch Office Location |
Date Opened |
| Citizens State Bank of Pomona, Pomona | 1230 East Logan, Ottawa | 1-18-05 |
| Kansas State Bank of Manhattan, Manhattan | 539 West Sixth Street, Junction City | 2-8-05 |
| The Citizens State Bank, Moundridge | 1701 South Kansas Avenue (inside Walmart), Newton | 2-28-05 |
| The Citizens State Bank, Moundridge | 200 West Cedar (inside Showalter Villla), Hesston | 3-17-05 |
| Hillcrest Bank, Overland Park | 11150 Greenwood Street (inside Greenwood Terrace), Overland Park | 4-4-05 |
| Legacy Bank, Colwich | 3711 North Ridge Road, Wichita | 4-18-05 |
| VisionBank, Topeka | Bank-owned Courier | 5-2-05 |
| Peoples Bank, Lawrence | 121 East Main Street, Red River, New Mexico | 5-9-05 |
| Union State Bank, Olsburg | 201 Front Street, Randolph | 7-8-05 |
| United Bank & Trust, Marysville | 1800 Claflin Road, Manhattan | 8-15-05 |
| Peoples Bank and Trust Company, McPherson | 601 East 30th Street, Hutchinson | 9-6-05 |
| First Community Bank, Kansas City | 10950 Parallel Parkway, Kansas City | 10-3-05 |
| The Citizens State Bank, Moundridge | 86 22nd Avenue (inside Memorial Home), Moundridge | 12-6-05 |
| Hillcrest Bank, Overland Park | 820 North Britain (inside 12 Oaks), Irving, Texas | 12-6-05 |
| Hillcrest Bank, Overland Park | 6500 North Cosby (inside Wexford Place), Kansas City, Missouri | 12-8-05 |
| Brotherhood Bank & Trust, Kansas City | 17900 West 119th, Olathe | 12-9-05 |
| Capital City Bank, Topeka | 740 New Hampshire Street, Lawrence | 12-14-05 |
| Hillcrest Bank, Overland Park | 1098 Northeast Independence Avenue (inside The Carlyle), Lee's Summit, Missouri | 12-19-05 |
| First Bank Kansas, Salina | 326 Northeast 14th, Abilene | 12-28-05 |
| SolutionsBank, Overland Park* | 127 West 10th, Kansas City, Missouri | 12-30-05 |
New Branch (through bank merger or P&A of an existing office) |
Branch Office Location |
Date Opened |
| VisionBank, Topeka, acquired two branch offices of Western National Bank, Lenexa | 712 South Kansas Avenue, Topeka 2915 SW 29th Street, Topeka |
5-2-05 |
| Emprise Bank, Wichita, acquired Emprise Bank, Hillsboro | 104 East Grand, Hillsboro | 5-16-05 |
| Emprise Bank, Wichita, acquired Emprise Bank, Iola | 1 West Madison, Iola | 5-16-05 |
| Midwest Trust Company, Overland Park, acquired EBK Trust Company, Overland Park | 5901 College Boulevard, Overland Park | 5-31-05 |
| DeSoto State Bank, DeSoto, acquired Great American Bank, Claycomo, Missouri | 445 East US Highway 69, Claycomo, Missouri | 10-25-05 |
| Centera Bank, Sublette, acquired the Peoples Bank, Minneola | 113 Main Street, Minneola | 11-18-05 |
| Hillcrest Bank, Overland Park, acquired First State Bank, Dallas, Texas | 3305 Dilido Road (inside 12 Oaks), Dallas, Texas | 12-6-05 |
Name Change |
New Name |
Effective Date |
| First Bank of Medicine Lodge, Overland Park | SolutionsBank | 6-23-05 |
| The Citizens State Bank, Geneseo | Bank VI | 9-9-05 |
| Frontier Bank, Haddam | Signature Bank KC | 9-16-05 |
| DeSoto State Bank, DeSoto | Great American Bank | 10-25-05 |
Main Office Relocations |
New Location |
Date Opened |
| First Bank of Medicine Lodge, Medicine Lodge | 7401 West 135th Street, Overland Park | 5-2-05 |
| The Citizens State Bank, Geneseo | 2020 South Ohio, Salina | 12-12-05 |
Branch Office Relocations |
Old and New Location |
Date Opened |
| Hillcrest Bank, Overland Park | 5201 West 143rd Street (inside Grace Gardens), Leawood 5419 West 145th Street (inside Grace Gardens), Leawood |
8-21-05 |
| Security Bank of Kansas City, Kansas City | 10950 Parallel Parkway, Kansas City 10840 Parallel Parkway, Kansas City |
6-20-05 |
Contracting Trustee |
Service and Location |
Effective Date |
| GTrust Co., Topeka | Trust Service Desk at First National Bank and Trust Company, Larned | 2-1-05 |
| Trust Company of Kansas, Wichita | Trust Service Desk at Union State Bank, Arkansas City | 3-21-05 |
* In order to establish the branch office, SolutionsBank first acquired Citizens Home Bank, Greenfield, Missouri. After opening the branch office, assets and liabilities of the Greenfield bank were sold to Sun Security Bank, Ellington, Missouri.
