The Morrill and Janes Bank and Trust Company

The Morrill and Janes Bank and Trust Company is headquartered in Merriam and is the 14^st largest bank in the state of Kansas. It is also the 894^th largest bank in the nation. It was established in 1871 and as of December of 2012, it had grown to 113 employees at 11 locations. The Morrill and Janes Bank and Trust Company's savings rates are 73% higher than the national average, and it boasts a 5-star health rating.

Related Posts

2012

• 2/21 - Bank Deals Continue at Morrill & Janes Bank - MO & KS Only

2011

• 8/2 - Morrill & Janes Drops Rates Again (Forum)
• 5/2 - Morrill And Janes Bank Cuts Elite Checking Yield To 1.26% (Forum)
• 4/29 - Top Checking Account No Longer Nationally Available at Morrill & Janes Bank
• 2/15 - Another High Yield Savings Account is Sold Out - Today's Best Choices?
• 1/11 - Today's Top 3 Liquid Bank Accounts: Checking, Savings & Money Market

2010

• 10/5 - High-Yield Regular Checking Account at Morrill & Janes Bank - Available Nationwide

The Morrill and Janes Bank and Trust Company Checking Account Rates

The Morrill and Janes Bank and Trust Company Savings Account Rates

The Morrill and Janes Bank and Trust Company Money Market Rates

The Morrill and Janes Bank and Trust Company CD Rates

The Morrill and Janes Bank and Trust Company IRA Rates

Data for Q4 2012

Institution Statistics The Morrill and Janes Bank and Trust Company FDIC Certificate # 1143 BankRate Report View Year Established 1871 Employees 113 Primary Regulator FDIC Assets and Liabilities Assets $754.58 million Loans $384.51 million Deposits $599.30 million Equity Capital $81.69 million Loan Loss Allowance $4.10 million Unbacked Noncurrent Loans $1.16 million Real Estate Owned $2.98 million Historic Data - December 2011 Assets $646.85 million Equity Capital $75.35 million Loan Loss Allowance $4.35 million Unbacked Noncurrent Loans $179,000 Real Estate Owned $2.39 million Profit Margin - Quarterly Net Interest Margin 3.02% Return on Assets 1.01% Return on Equity 8.67% Interest Income $23.68 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 The Morrill and Janes Bank and Trust Company had $4.14 million in non-current loans and owned real-estate with $85.78 million in equity and loan loss allowances on hand to cover it. This gives The Morrill and Janes Bank and Trust Company a Texas Ratio of 4.82% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Morrill and Janes Bank and Trust Company held steady from 3.23% as of December 31, 2011 to 4.82% as of December 31, 2012, resulting in a negative change of 49.47%. This indicates that the balance sheet and financial strength for The Morrill and Janes Bank and Trust Company has held steady in recent periods. Deposit Growth In the past year, The Morrill and Janes Bank and Trust Company has increased its total deposits by $124.23 million, resulting in 26.15% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth The Morrill and Janes Bank and Trust Company has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. The Morrill and Janes Bank and Trust Company has $754.58 million in assets with $85.78 million in equity, resulting in a capitalization level of 11.37%, which is above average.