FDIC Certificate #: 13611 Status: Active Federal Reserve ID: 175458 Bank Holding Company (Regulatory Top Holder): Selko Banco, Inc. (RSSDID: 1067206, Location: Mead, NE) Date Established: September 01, 1885 WWW:http://www.bankofmead.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Domestic: 2, Interstate: No) OTS Docket #: 13746 FDIC's unique #: 8513 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 13, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 322 South Vine, Mead, NE 68041 County: Saunders Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Omaha Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Combined Statistical Area (CSA): Omaha-Council Bluffs-Fremont, NE-IA (#420) Core Based Statistical Area (CBSA): Omaha-Council Bluffs, NE-IA (#36540) CBSA Metro Statistical Area: Omaha-Council Bluffs, NE-IA (#36540)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $22.5 mil Equity capital: $2.4 mil Deposits held in domestic offices: $19.1 mil Return on assets (ROA): 1.06% ($0.2 mil) Quarterly return on assets: 1.08% ($0.2 mil) Return on Equity (ROE): 9.84% ($0.2 mil) Quarterly return on equity: 9.65% ($0.2 mil) Net income: $0.2 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.35% ($303.8 mil) Quarterly Pretax return on assets: 1.32% ($297.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 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, 2011)
Dollar figures in thousands
5Total employees (full-time equivalent)
$22,504Total assets
$891Cash and due from depository institutions
$239Interest-bearing balances
$8,029Securities
$0Federal funds sold & reverse repurchase agreements
$12,885Net loans & leases
$207Loan loss allowance
$0Trading account assets
$148Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$22,504Life insurance assets
$551All other assets
$20,065Total liabilities and capital
$19,117Total liabilities
$16,571Total deposits
$19,117Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$800Trading liabilities
$0Other borrowed funds
$148Subordinated debt
$2,439All other liabilities
$2,439Total equity capital
$2,439Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$1,500Surplus
$839Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$8Income earned, not collected on loans
$0Earning assets
$198Long-term assets (5+ years)
$21,153Average Assets, year-to-date
$2,602Average Assets, quarterly
$22,331Volatile liabilities
$22,176Insider loans
$13,048FHLB advances
$22,133Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,337Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,193Restructured Loans and leases
$323Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$992Total interest income
$205Total interest expense
$787Net interest income
$30Provision for loan and lease losses
$131Total noninterest income
$0Fiduciary activities
$82Service charges on deposit accounts
$0Trading account gains & fees
$49Additional noninterest income
$587Total noninterest expense
$350Salaries and employee benefits
$58Premises and equipment expense
$179Additional noninterest expense
$301Pre-tax net operating income
$1Securities gains (losses)
$66Applicable income taxes
$236Income before extraordinary items
$0Extraordinary gains - net
$236Net income attributable to bank
$0Net charge-offs
$236Cash dividends
$13Sale, conversion, retirement of capital stock, net
$150Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.73%Yield on earning assets
0.98%Cost of funding earning assets
3.75%Net interest margin
0.62%Noninterest income to earning assets
2.80%Noninterest expense to earning assets
1.05%Net operating income to assets
1.06%Return on assets (ROA)
1.35%Pretax return on assets
9.84%Return on equity (ROE)
3.59%Retained earnings to average equity (YTD only)
0.10%Net charge-offs to loans
230.77%Credit loss provision to net charge-offs
25.46%Efficiency ratio
63,943Assets per employee
4.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
63.56%Loss allowance to loans
1.58%Loss allowance to noncurrent loans
2587.50%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.06%Net loans and leases to deposits
67.40%Net loans and leases to core deposits
67.40%Equity capital to assets
10.84%Core capital (leverage) ratio
10.56%Tier 1 risk-based capital ratio
17.91%Total risk-based capital ratio
Memoranda
$19Average assets
$22,331Average earning assets
$2,399Average equity
$20,981Average loans
List of branches
2 Nebraska Branches as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8513
Bank Of Mead
322 South Vine, Mead, NE 68041
September 01, 1885
Full Service Brick and Mortar
1
229733
Drive-In Facility
245 N Elm, Mead, NE 68041
November 01, 1982
Limited Service Facility
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