Bank of Monroe in Monroe, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 15, 2000

Bank of Monroe in Monroe, Nebraska (NE)
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Bank of Monroe - Overview

General
FDIC Certificate #: 13901
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Cornerstone Bank (#5496)
Federal Reserve ID: 39055
Date Established: August 01, 1892
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 8693
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: Febuary 17, 1934
Last Structure Change Effective Date: Febuary 15, 2000
Last Structure Change Process Date: March 21, 2000
Last Data Update: March 21, 2000
Data Source Date: April 05, 2012
Location
Address: Main Street, Monroe, NE 68647
County: Platte
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): Columbus, NE (#18100)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $18.4 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, 1999)

Dollar figures in thousands
7Total employees (full-time equivalent)
$18,359Total assets
$1,565Cash and due from depository institutions
$1,092Interest-bearing balances
$2,592Securities
$0Federal funds sold & reverse repurchase agreements
$13,829Net loans & leases
$143Loan loss allowance
$0Trading account assets
$33Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$340All other assets
$18,359Total liabilities and capital
$16,073Total liabilities
$15,888Total deposits
$15,147Interest-bearing deposits
$15,888Deposits held in domestic offices
0.00%% insured (estimated)
$75Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$110All other liabilities
$2,286Total equity capital
$2,286Total bank equity capital
$2,286Perpetual preferred stock
$0Common stock
$100Surplus
$1,900Undivided profits
Memoranda
$286Noncurrent loans and leases
$1,926Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$364Earning assets
$0Long-term assets (5+ years)
$284Average Assets, year-to-date
$17,513Average Assets, quarterly
$3,677Volatile liabilities
$18,180Insider loans
$18,549FHLB advances
$1,506Loans and leases held for sale
$129Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,926Total unused commitments
$0Restructured Loans and leases
$143Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$1,384Total interest income
$674Total interest expense
$710Net interest income
$80Provision for loan and lease losses
$141Total noninterest income
$0Fiduciary activities
$27Service charges on deposit accounts
$0Trading account gains & fees
$114Additional noninterest income
$488Total noninterest expense
$313Salaries and employee benefits
$45Premises and equipment expense
$130Additional noninterest expense
$283Pre-tax net operating income
$0Securities gains (losses)
$26Applicable income taxes
$257Income before extraordinary items
$0Extraordinary gains - net
$257Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$84Sale, conversion, retirement of capital stock, net
$175Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.13%Yield on earning assets
3.96%Cost of funding earning assets
4.17%Net interest margin
0.83%Noninterest income to earning assets
2.87%Noninterest expense to earning assets
1.41%Net operating income to assets
1.41%Return on assets (ROA)
1.56%Pretax return on assets
11.70%Return on equity (ROE)
3.73%Retained earnings to average equity (YTD only)
0.64%Net charge-offs to loans
95.24%Credit loss provision to net charge-offs
4.32%Efficiency ratio
57,344Assets per employee
2.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
68.09%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
39.29%Noncurrent assets plus other real estate owned to assets
1.98%Noncurrent loans to loans
2.61%Net loans and leases to deposits
87.04%Net loans and leases to core deposits
95.66%Equity capital to assets
12.45%Core capital (leverage) ratio
12.15%Tier 1 risk-based capital ratio
15.33%Total risk-based capital ratio
Memoranda
$16Average assets
$18,180Average earning assets
$2,197Average equity
$17,022Average loans

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