Corporate Application Overview for 2006
By: Dana S. Hampton, Director of Corporate Activities
Currently, 255 state-chartered banks are operating in Kansas. As of December 31, 2005, the total was 261. During 2006, one new bank opened for business and seven banks merged out of existence. No changes in state-chartered trust companies were reported during the year; ten companies remain in operation.
For the year 2006, 64 applications were filed by banks and trust companies. Applications processed include one new charter; twenty-five new branches; nine main/branch office relocations; two name changes; twelve mergers; ten changes of control; one request for fiduciary power; and four contracting trustees requests. Also processed were thirty-eight new or renewal applications authorizing companies to conduct money transmitter business in Kansas. A summary of some of the applications and transactions completed during 2006 is provided in the following table.
New Bank Charter |
Location |
Date Opened |
|---|---|---|
| Freedom Bank | 6640 West 143rd Street, Overland Park | 6-19-06 |
New Branch |
Branch Office Location |
Date Opened |
| The Columbian Bank and Trust Company, Topeka | Bank-Owned Courier | 1-1-06 |
| Heartland Bank, Leawood | 5000 West 95th Street, Suite 120, Overland Park | 1-17-06 |
| Bank of Parsons, Parsons | 3201 North 16th Street, (inside WalMart), Parsons | 3-22-06 |
| The Mission Bank, Mission | 13501 Aberdeen Parkway, Leawood | 5-9-06 |
| The Columbian Bank and Trust Company, Topeka | 529 SW 2nd Street, Suite A, Lee's Summit, Missouri (1) | 5-22-06 |
| State Bank of Delphos, Delphos | 201 East Main, Glasco | 7-18-06 |
| Emporia State Bank (now known as ESB Financial), Emporia | 224 East Poyntz, Manhattan | 7-19-06 |
| Hillcrest Bank, Overland Park | 2911 Turtle Creek Boulevard, Dallas, Texas | 7-25-06 |
| Peoples Bank and Trust Company, McPherson | 215 South Main Street (temporary office), Inman | 10-10-06 |
| Alliance Bank, Topeka | 2620 SW 6th, Topeka | 10-13-06 |
| Community Bank of Wichita | 371 North Main, Haysville | 10-19-06 |
| 1st Financial Bank, Overland Park | 19310 Midland Drive, Shawnee | 11-1-06 |
| First Bank of Newton | 1216 North Main (inside Dillons), Newton | 11-13-06 |
| Hillcrest Bank, Overland Park | 1901 Ptarmigan Trail (inside Estes Park Retirement Center), Estes Park, Colorado (2) | 11-28-06 |
| Solutions Bank, Overland Park | Bank-Owned Courier | 12-1-06 |
| Metcalf Bank, Overland Park | Bank-Owned Courier | 12-15-06 |
| The Citizens State Bank, Moundridge | 2315 South Kansas Avenue, Newton | 12-15-06 |
| Mulvane State Bank, Mulvane | 4641 East Douglas, Wichita | 12-21-06 |
| The Valley State Bank, Belle Plaine | 330 East Madison, Suite 100, Derby | 12-21-06 |
| Heartland Bank, Overland Park | 8600 Ward Parkway, Suite 2015 (temporary office), Kansas City, Missouri (3) | 12-29-06 |
New Branch (through bank merger or P&A of an existing office) |
Branch Office Location |
Date Opened |
| Patriots Bank, Garnett, acquired one branch office of Gardner National Bank | 1008 Poplar, Wellsville | 4-1-06 |
| First State Bank, Norton, acquired First National Bank, Hoxie | 801 Main, Hoxie | 4-1-06 |
| United Bank of Kansas, Whiting, acquired one branch office of Bank Midwest, N.A., Kansas City, Missouri | 734 Commercial, Atchison | 4-22-06 |
| First Community Bank, Emporia, acquired one branch of State Bank of Kansas, Fredonia | 715 Merchant, Emporia | 5-20-06 |
| The Union State Bank, Arkansas City acquired four branch offices of The Bank of Beaver City, Beaver, Oklahoma | 119 West First Street, Udall 321 East Tenth Street, Winfield 823 Main Street, Winfield 121 West Ninth Street, Winfield (branches were formerly offices of The State Bank, Winfield) |
7-1-06 |
| Security Bank of Kansas City, Kansas City, acquired one branch office of Bank Midwest, N.A., Kansas City, Missouri | 444 Minnesota Avenue, Kansas City (effective 9-29-06 the office was consolidated into the main bank) | 7-15-06 |
| Garnett State Savings Bank, Garnett acquired one branch office of Bank of Kansas City, N.A., Overland Park | 207 East Broad Street, Colony (the branch was the former main office of the State Bank of Colony) |
11-6-06 |
| Hillcrest Bank, Overland Park acquired Colonial Bank, Loveland, Colorado | 2102 South Garfield Avenue, Loveland, Colorado | 11-6-06 |
| Emprise Bank, Wichita, acquired Prairie State Bank, Augusta (all branch offices of Prairie State Bank were included in the merger) | 512 State Street, Augusta | 11-10-06 |
| The First State Bank, Norton, acquired one branch office of Stockton National Bank, Stockton | 200 South Jefferson, Plainville | 12-16-06 |
Name Change |
New Name |
Effective Date |
| Americus State Bank, Americus (now located in Quinter) | KansasLand Bank | 4-15-06 |
| Emporia State Bank and Trust Company, Emporia | ESB Financial | 9-7-06 |
Main Office Relocations |
New Location |
Date Opened |
| Americus State Bank (now known as KansasLand Bank), Americus | 314 Main Street, Quinter (the Americus office remains a branch) | 5-1-06 |
| First Trust company of Onaga, Onaga | 214 West 9th, Onaga | 11-13-06 |
| First Community Bank, Emporia | 715 Merchant, Emporia (the 2160 West Highway 50, Emporia office remains a branch) | 12-8-06 |
Branch Office Relocations |
Old and New Location |
Date Opened |
| Haviland State Bank, Haviland | 219 South Main, Mullinville 100 North Main, Mullinville |
6-26-06 |
| Ellis State Bank, Ellis | 2700 Oak Street, Hays 2428 Vine Street, Hays |
7-24-06 |
| Peoples Bank, Lawrence | 7810 West 151st Street, Overland Park 7579 West 151st Street, Overland Park |
11-6-06 |
Contracting Trustee |
Service and Location |
Effective Date |
| Advantage Trust Company, Salina | Trust Service Desk at First Bank Kansas, Salina, Abilene Branch | 2-6-06 |
Fiduciary Powers |
Effective Date |
|---|---|
| Silver Lake Bank, Topeka | 8-23-06 |
(1) In order to establish the branch office, Columbian Bank and Trust Company first acquired Keystone Bank, Northwoods, Missouri. After opening the branch office, assets and liabilities of the former Keystone Bank were sold to Truman Bank, Clayton, Missouri.
(2) In order to establish the branch office, Hillcrest Bank first acquired Colonial Bank, Loveland, Colorado.
(3) In order to establish the branch office, Heartland Bank first acquired Bank of Freeburg, Freeburg, Missouri. After opening the branch office, assets and liabilities of the former Bank of Freeburg were sold to Bank of St. Elizabeth, St. Elizabeth, Missouri.