The First National Bank of Hutchinson
The First National Bank of Hutchinson is headquartered in Hutchinson and is the 20th largest bank in the state of Kansas. It is also the 1,042nd largest bank in the nation. It was established in 1876 and as of June of 2022, it had grown to 176 employees at 8 locations. The First National Bank of Hutchinson's money market rates are 5X the national average, and it has an A health rating.
They Don't Listen!
I am with the First Bank of Kansas in Hutchinson. I have been going to College in Canada for 2 years now. Before I leave I tell them that I will be leaving again and that I will be withdrawing a large amount of money for tuition. I told them the exact date and how much. The man wrote it down and confirmed everything I had said. I just went to pay for my tuition, and my card is being declined because of how much I was trying to pay. After working everything out with the fraud agency that it was, in fact, I who was making the payment I called my bank and questioned them. I was told they hadn't heard about the large amount that I was paying. It was my fault in their eyes. This is the second time this has happened and it's, quite frankly, ridiculous!!
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4697 |
| Year Established | 1876 |
| Employees | 176 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.38% |
| Return on Equity - YTD | 13.53% |
| Annual Interest Income | $16.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $933.7MM$885.0MM |
| Loans | Q2 2022vs Q2 2021 | $665.0MM$597.1MM |
| Deposits | Q2 2022vs Q2 2021 | $785.9MM$755.2MM |
| Equity Capital | Q2 2022vs Q2 2021 | $88.6MM$100.8MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $9.5MM$9.3MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $74.00K$20.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |