Message from the CEO            Statement Of Condition            About Us


Back To Main Page


Message from the CEO
December 31, 2014

      Bank of Kirksville has for more than 100 years conducted business in a manner guided by those traits generally used to describe a community bank.

      Community banks are known for their focus on traditional activities: If you are looking for complex investment options or loans which deviate from a traditional down payment and call for special financing terms, then we will not meet your needs. However, if you need a modern account, loan product or simply someone you can trust, Bank of Kirksville delivers on those needs daily and does so very well.

      Community banks are known for mainly conducting lending and deposit gathering activities within a fairly limited market area: While asset size has grown dramatically and our physical presence has expanded outside the City of Kirksville, Bank of Kirksville conducts routine business on a daily basis in the following five counties of Northeast Missouri with no location more than an hour drive: Adair, Scotland, Schuyler, Macon and Randolph.

      Community banks are relationship lenders, which rely to a significant degree on specialized knowledge gained through long-term business relationships: Many customers got their start with Bank of Kirksville when others had doubts and said no. Most customers have grown and prospered with assistance from Bank of Kirksville and know that we are here to do what we can if a need comes along.

100 Years

      Bank of Kirkville, a “Commitment to Excellence” since 1914.

Best regards,

Norman C. Belitz
Chief Executive Officer

Go To Top



Statement of Condition
December 31, 2014

 

Assets

 

Cash & Due from Banks

33,952,492

Investment Securities-Held to Maturity

0

Investment Securities-Available for Sale

242,012,744

Other Investments

40,000

Federal Funds Sold

9,724,447

 

Loans:

 

      Loans Net of Unearned Income

211,669,428

      Allowance for Loan Losses

3,082,956

Net Loans

208,586,472

Premises and Fixed Assets

6,217,039

Other Real Estate Owned

1,177,145

Other Assets

2,891,075

 

Total Assets

504,601,414

 

Liabilities

 

Deposits:

 

      Non-Interest Bearing

58,884,791

      Interest Bearing

350,412,317

Total Deposits

409,297,108

Federal Funds Purchased & Securities
    Sold with Agreement to Repurchase

42,907,198

Other Liabilities

420,123

Total Liabilities

452,624,429

 

 

Stockholders' Equity

 

Common Stock

518,000

Surplus

1,000,000

Undivided Profits &
    Capital Reserves

51,087,572

Unrealized Gain or Loss on Securities
    Available for Sale

(628,587)

Total Stockholders' Equity

51,976,985

Total Liabilities &
    Stockholders' Equity

504,601,414


Go To Top



About Us

      The Bank of Kirksville began as the wishful dream of a group of men sitting in the back room of the Adair County Miner's Bank of Connelsville. They dreamed of a bank with friendly service, sound financial advice, and a mission to give back to the community around them. With these ideals in place the Bank of Kirksville was issued a state charter on Christmas Eve, 1913.

      The bank took its first steps when it opened its doors on January 17, 1914 becoming the 5th bank operating in Kirksville. From the beginning, the Bank of Kirksville was closely tied to the surrounding community. The bank has always strived to offer the best service in the area and to evolve with the changing needs of the community. This dedication to our customers is reflected in the tremendous growth that the bank has seen since its inception.

      The first Statement of Condition was published in October of 1914 and showed the total assets to be $214,298.18. By 1923 the bank's total assets had more than tripled totaling $678,644.30. By 1953 when the assets totaled $5,676,490.98 it was clear to everyone that the Bank of Kirksville was the leading bank in the area. Today the bank still holds true to the ideas on which it was founded and continues to grow and expand. In December 2006 the bank's total assets were $415,259,430 and the future only looks brighter.

      Although the bank is continually growing to serve more and more people, you will never have to worry about being just a number. You will always get the benefits of a big city bank with the service of a small town friend.

Go To Top


Back To Main Page












Open Bank of Kirksville's Home Page in a New Window