FDIC Certificate #: 15103 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Gothenburg State Bank (#10639) Federal Reserve ID: 534457 Date Established: October 01, 1904 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 9479 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: December 24, 1935 Last Structure Change Effective Date: September 01, 1999 Last Structure Change Process Date: September 23, 1999 Last Data Update: September 23, 1999 Data Source Date: April 05, 2012
Location
Address: Main Street, Brady, NE 69123 County: Lincoln Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Grand Island Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): North Platte, NE (#35820) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $10.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
6Total employees (full-time equivalent)
$9,933Total assets
$429Cash and due from depository institutions
$0Interest-bearing balances
$2,915Securities
$25Federal funds sold & reverse repurchase agreements
$6,098Net loans & leases
$52Loan loss allowance
$0Trading account assets
$90Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$376All other assets
$9,933Total liabilities and capital
$8,580Total liabilities
$8,522Total deposits
$7,188Interest-bearing deposits
$8,522Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$58All other liabilities
$1,353Total equity capital
$1,353Total bank equity capital
$1,353Perpetual preferred stock
$0Common stock
$75Surplus
$625Undivided profits
Memoranda
$653Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$24Earning assets
$0Long-term assets (5+ years)
$155Average Assets, year-to-date
$9,038Average Assets, quarterly
$761Volatile liabilities
$9,591Insider loans
$9,741FHLB advances
$100Loans and leases held for sale
$24Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$441Total unused commitments
$0Restructured Loans and leases
$7,359Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$739Total interest income
$311Total interest expense
$428Net interest income
$5Provision for loan and lease losses
$81Total noninterest income
$0Fiduciary activities
$57Service charges on deposit accounts
$0Trading account gains & fees
$24Additional noninterest income
$316Total noninterest expense
$187Salaries and employee benefits
$38Premises and equipment expense
$91Additional noninterest expense
$188Pre-tax net operating income
$17Securities gains (losses)
$35Applicable income taxes
$170Income before extraordinary items
$0Extraordinary gains - net
$170Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$3Sale, conversion, retirement of capital stock, net
$71Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.35%Yield on earning assets
3.51%Cost of funding earning assets
4.83%Net interest margin
0.91%Noninterest income to earning assets
3.57%Noninterest expense to earning assets
1.63%Net operating income to assets
1.77%Return on assets (ROA)
2.14%Pretax return on assets
12.99%Return on equity (ROE)
7.56%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
166.67%Credit loss provision to net charge-offs
64.33%Efficiency ratio
62,083Assets per employee
1.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
41.76%Loss allowance to loans
0.85%Loss allowance to noncurrent loans
216.67%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.39%Net loans and leases to deposits
71.56%Net loans and leases to core deposits
72.41%Equity capital to assets
13.62%Core capital (leverage) ratio
13.69%Tier 1 risk-based capital ratio
18.28%Total risk-based capital ratio
Memoranda
$19Average assets
$9,591Average earning assets
$1,309Average equity
$8,853Average loans
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