FDIC Certificate #: 5447 Status: Active Federal Reserve ID: 41955 Bank Holding Company (Regulatory Top Holder): First Newman Grove Bankshares Corp. (RSSDID: 1058688, Location: Newman Grove, NE) Date Established: April 10, 1900 Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 3687 Numeric code: 13 Regulator: FED 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: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: June 02, 2010 Last Structure Change Process Date: June 02, 2010 Last Data Update: June 02, 2010 Data Source Date: April 05, 2012
Location
Address: 416 Hale Ave, Newman Grove, NE 68758 County: Madison 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 Core Based Statistical Area (CBSA): Norfolk, NE (#35740) CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Financial Summary
Total assets: $36.8 mil Equity capital: $3.3 mil Deposits held in domestic offices: $31.3 mil Return on assets (ROA): 0.41% ($0.2 mil) Quarterly return on assets: 0.61% ($0.2 mil) Return on Equity (ROE): 4.53% ($0.1 mil) Quarterly return on equity: 6.66% ($0.2 mil) Net income: $0.1 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.43% ($158.1 mil) Quarterly Pretax return on assets: 0.61% ($224.2 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
9Total employees (full-time equivalent)
$36,759Total assets
$889Cash and due from depository institutions
$102Interest-bearing balances
$14,604Securities
$85Federal funds sold & reverse repurchase agreements
$19,845Net loans & leases
$297Loan loss allowance
$0Trading account assets
$241Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$36,759Life insurance assets
$1,095All other assets
$33,469Total liabilities and capital
$31,313Total liabilities
$25,880Total deposits
$31,313Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,037Trading liabilities
$0Other borrowed funds
$119Subordinated debt
$3,290All other liabilities
$3,290Total equity capital
$3,290Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$2,300Surplus
$690Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$407Long-term assets (5+ years)
$34,636Average Assets, year-to-date
$12,700Average Assets, quarterly
$35,439Volatile liabilities
$36,341Insider loans
$25,043FHLB advances
$37,579Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,076Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,151Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,305Total interest income
$264Total interest expense
$1,041Net interest income
$0Provision for loan and lease losses
$127Total noninterest income
$0Fiduciary activities
$50Service charges on deposit accounts
$0Trading account gains & fees
$77Additional noninterest income
$1,016Total noninterest expense
$621Salaries and employee benefits
$65Premises and equipment expense
$330Additional noninterest expense
$152Pre-tax net operating income
$0Securities gains (losses)
$6Applicable income taxes
$146Income before extraordinary items
$0Extraordinary gains - net
$146Net income attributable to bank
$0Net charge-offs
$146Cash dividends
-$2Sale, conversion, retirement of capital stock, net
$111Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.90%Yield on earning assets
0.79%Cost of funding earning assets
3.11%Net interest margin
0.38%Noninterest income to earning assets
3.03%Noninterest expense to earning assets
0.41%Net operating income to assets
0.41%Return on assets (ROA)
0.43%Pretax return on assets
4.53%Return on equity (ROE)
1.09%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
86,986Assets per employee
4.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
76.03%Loss allowance to loans
1.47%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
63.38%Net loans and leases to core deposits
64.55%Equity capital to assets
8.95%Core capital (leverage) ratio
8.19%Tier 1 risk-based capital ratio
12.28%Total risk-based capital ratio
Memoranda
$13Average assets
$35,439Average earning assets
$3,225Average equity
$33,492Average loans
List of branches
1 Nebraska Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
3687
Bank Of Newman Grove
416 Hale Ave, Newman Grove, NE 68758
April 10, 1900
Full Service Brick and Mortar
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