American State Bank in Newcastle, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 06, 1996

American State Bank in Newcastle, Nebraska (NE)
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American State Bank - Overview

General
FDIC Certificate #: 14542
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank of Dixon County (#14912)
Federal Reserve ID: 214656
Date Established: June 05, 1922
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 9087
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: July 05, 1934
Last Structure Change Effective Date: September 06, 1996
Last Structure Change Process Date: September 25, 1996
Last Data Update: September 25, 1996
Data Source Date: April 05, 2012
Location
Address: Main Street, Newcastle, NE 68757
County: Dixon
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Combined Statistical Area (CSA): Sioux City-Vermillion, IA-NE-SD (#512)
Core Based Statistical Area (CBSA): Sioux City, IA-NE-SD (#43580)
CBSA Metro Statistical Area: Sioux City, IA-NE-SD (#43580)
Financial Summary
Total assets: $12.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$5Total assets
$11,621Cash and due from depository institutions
$1,104Interest-bearing balances
$898Securities
$5,322Federal funds sold & reverse repurchase agreements
$900Net loans & leases
$4,067Loan loss allowance
$75Trading account assets
$0Bank premises and fixed assets
$34Other real estate owned
$0Goodwill and other intangibles
$194Life insurance assets
$0All other assets
$0Total liabilities and capital
$11,621Total liabilities
$9,702Total deposits
$9,582Interest-bearing deposits
$8,761Deposits held in domestic offices
9582.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$120Total equity capital
$120Total bank equity capital
$1,919Perpetual preferred stock
$0Common stock
$25Surplus
$325Undivided profits
Memoranda
$1,569Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$120Earning assets
$11,187Long-term assets (5+ years)
$3Average Assets, year-to-date
$11,199Average Assets, quarterly
$11,427Volatile liabilities
$1,031Insider loans
$27FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$123Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,921Total risk weighted assets
$5,733Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$751Total interest expense
$404Net interest income
$347Provision for loan and lease losses
$0Total noninterest income
$80Fiduciary activities
$0Service charges on deposit accounts
$50Trading account gains & fees
$0Additional noninterest income
$30Total noninterest expense
$215Salaries and employee benefits
$130Premises and equipment expense
$22Additional noninterest expense
$63Pre-tax net operating income
$212Securities gains (losses)
$0Applicable income taxes
$40Income before extraordinary items
$172Extraordinary gains - net
$0Net income attributable to bank
$172Net charge-offs
$0Cash dividends
$70Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.95%Cost of funding earning assets
3.74%Net interest margin
3.21%Noninterest income to earning assets
0.74%Noninterest expense to earning assets
1.99%Net operating income to assets
1.54%Return on assets (ROA)
1.54%Pretax return on assets
1.89%Return on equity (ROE)
9.27%Retained earnings to average equity (YTD only)
5.50%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
50,351Assets per employee
2.32%Cash dividends to net income (YTD only)
Condition Ratios (%)
40.70%Loss allowance to loans
1.81%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
42.44%Net loans and leases to core deposits
47.56%Equity capital to assets
16.51%Core capital (leverage) ratio
16.98%Tier 1 risk-based capital ratio
33.51%Total risk-based capital ratio
Memoranda
$35Average assets
$11,199Average earning assets
$1,855Average equity
$10,800Average loans

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