FDIC Certificate #: 18415 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Adams Bank & Trust (#18489) Federal Reserve ID: 501253 Date Established: January 30, 1961 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 12321 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: June 29, 1961 Last Structure Change Effective Date: July 17, 1999 Last Structure Change Process Date: August 11, 1999 Last Data Update: August 11, 1999 Data Source Date: April 05, 2012
Location
Address: Fourth And E Streets, Indianola, NE 69034 County: Red Willow 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
Financial Summary
Total assets: $18.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$21,682Total assets
$1,746Cash and due from depository institutions
$0Interest-bearing balances
$5,341Securities
$5,125Federal funds sold & reverse repurchase agreements
$8,657Net loans & leases
$194Loan loss allowance
$0Trading account assets
$69Bank premises and fixed assets
$247Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$497All other assets
$21,682Total liabilities and capital
$17,971Total liabilities
$17,707Total deposits
$15,549Interest-bearing deposits
$17,707Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$121Other borrowed funds
$0Subordinated debt
$143All other liabilities
$3,711Total equity capital
$3,711Total bank equity capital
$3,711Perpetual preferred stock
$0Common stock
$200Surplus
$600Undivided profits
Memoranda
$2,911Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$34Earning assets
$0Long-term assets (5+ years)
$247Average Assets, year-to-date
$19,123Average Assets, quarterly
$2,625Volatile liabilities
$21,562Insider loans
$21,769FHLB advances
$2,852Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$709Total unused commitments
$0Restructured Loans and leases
$12,065Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$1,564Total interest income
$758Total interest expense
$806Net interest income
$60Provision for loan and lease losses
$84Total noninterest income
$0Fiduciary activities
$50Service charges on deposit accounts
$0Trading account gains & fees
$34Additional noninterest income
$716Total noninterest expense
$529Salaries and employee benefits
$30Premises and equipment expense
$157Additional noninterest expense
$114Pre-tax net operating income
$8Securities gains (losses)
$29Applicable income taxes
$93Income before extraordinary items
$0Extraordinary gains - net
$93Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$66Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.80%Yield on earning assets
3.78%Cost of funding earning assets
4.02%Net interest margin
0.42%Noninterest income to earning assets
3.57%Noninterest expense to earning assets
0.40%Net operating income to assets
0.43%Return on assets (ROA)
0.57%Pretax return on assets
2.51%Return on equity (ROE)
2.51%Retained earnings to average equity (YTD only)
0.69%Net charge-offs to loans
90.91%Credit loss provision to net charge-offs
2.64%Efficiency ratio
80,449Assets per employee
2.71%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.19%Loss allowance to noncurrent loans
570.59%Noncurrent assets plus other real estate owned to assets
1.30%Noncurrent loans to loans
0.38%Net loans and leases to deposits
48.89%Net loans and leases to core deposits
57.81%Equity capital to assets
17.12%Core capital (leverage) ratio
17.12%Tier 1 risk-based capital ratio
30.75%Total risk-based capital ratio
Memoranda
$32Average assets
$21,562Average earning assets
$3,712Average equity
$20,062Average loans
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