185 banks currently operate in the state of Kansas. These are banks that are also insured by the federal deposit insurance corporation. Of the banks operating within the state, 217 are also headquartered in the state. Therefore, these 217 banks can be considered Kansas-based banks though they might operate nationally or internationally. Banks operating within the state had in total $89 billion of assets, $73 billion of deposits and $52 billion of loans outstanding as of this writing. Overall and in aggregate residential mortgages made up 17% of the assets managed by banks in Kansas. Further, these banks also currently employ in total 13,228 people within the state, which represents 0.5% of the population.

Density of Banks in Kansas

Banks in Kansas currently have a total of 1,392 branches located within the state. This equates to 4.8 branches per 10,000 people in Kansas.  Comparing the banks in Kansas to banks operating in other states on this measure, Kansas ranks 4th out of 52 states and territories in terms of branches per capita.  Another way to view this is by looking at the physical accessibility. On this basis, banks in Kansas had on average 1.7 branches per 100 square miles. As a result, Kansas ranks 38th out of 52 states and territories in terms of most branches per square mile.

Performance of Banks in Kansas

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  • Net Interest Margin – banks in this state are on average above the national average on this metric. In total the net interest margin for the banks in Kansas is ranked 30th out of the 52 states and main territories in the country.
  • Return on Assets – in terms of this important return metric, banks in this state are on average lower than the national average. Altogether the Return on Assets for the banks in Kansas is ranked 34th out of the 52 states and main territories in the country.
  • Return on Equity – banks in this state on average have a lower return on equity than the national average. Overall, the Return on Equity for banks in Kansas is ranked 35th out of the 52 states and main territories in the country.
  • Loan to Deposit – this is an important metric to gauge the liquidity of a bank. Banks in this state are on average below the national average when it comes to loan to deposit. A lower loan to deposit ratio means the bank is more comfortably funding its loan activities using its deposit base. Overall, banks in Kansas are ranked 27th out of the 52 states and main territories in the country when it comes to loan to deposits.
  • Nonperforming Assets – this metric is a good way to compare the quality of the assets of a bank as well as the performance of the assets. Banks operating in the state of Kansas are on average worse than the national average when it comes to nonperforming assets. The level of nonperformance is what is important as a higher figure indicates a lower quality or a lower performing asset base. In total, banks in Kansas are ranked 40th out of the 52 states and main territories in the country on this metric.

5 Largest Banks in the state of Kansas

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As of this writing Bank of America is the largest bank operating in Kansas and this is based on its share of deposits within the state. Bank of America currently has a 7% share of the deposits within the state. Below is summary information on the top 5 largest banks in Kansas.

Bank of America

Bank of America currently has the largest share of deposits within the state and has $6.8 billion of deposits. In addition to this the bank also has 24 offices within the state, which represents 1% of its total domestic offices.

Main Office Address: 100 N Tryon St Charlotte, NC 28202

Website: www.bankofamerica.com

Capitol Federal Savings Bank

Capitol Federal Savings Bank currently has the second largest share of deposits within the state and has $6.7 billion of deposits. The bank also has 50 offices within the state, which represents 93% of its total domestic offices.

Main Office Address: 700 S Kansas Ave Topeka, KS 66603

Website: www.capfed.com

Intrust Bank

Intrust Bank currently has the third largest share of deposits within the state and has $6.0 billion of deposits. The bank also has 33 offices within the state, which represents 83% of its total domestic offices.

Main Office Address: 105 N. Main St. Wichita, KS 67202

Website: http://www.intrustbank.com

Commerce Bank

Commerce Bank currently has the fourth largest share of deposits within the state and has $5.0 billion of deposits. Further, the bank also has 40 offices within the state, which represents 24% of its total domestic offices.

Main Office Address: 1001 Main St. Kansas City, MO 64106

Website: www.commercebank.com

U.S. Bank 

U.S. Bank  currently has the fifth largest share of deposits within the state and has $3.4 billion of deposits. In addition, the bank also has 29 offices within the state, which represents 1% of its total domestic offices.

Main Office Address: 425 Walnut St. Cincinnati, OH 45202

Website: www.usbank.com