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

This bank is inactive as of March 31, 1993

Bank of Overton in Overton, Nebraska (NE)
Show street view No street view available for this location

Bank of Overton - Overview

General
FDIC Certificate #: 5463
Status: Inactive
Closing history: Absorption - Without Assistance
Acquiring institution: Nebraska State Bank (#33234)
Federal Reserve ID: 849852
Date Established: April 12, 1930
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 3700
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: January 01, 1934
Last Structure Change Effective Date: March 31, 1993
Last Structure Change Process Date: April 02, 1993
Last Data Update: April 02, 1993
Data Source Date: April 05, 2012
Location
Address: Main Street, Overton, NE 68863
County: Dawson
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): Lexington, NE (#30420)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $7.4 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$5Total assets
$7,436Cash and due from depository institutions
$652Interest-bearing balances
$100Securities
$216Federal funds sold & reverse repurchase agreements
$200Net loans & leases
$5,741Loan loss allowance
$63Trading account assets
$0Bank premises and fixed assets
$55Other real estate owned
$147Goodwill and other intangibles
$425Life insurance assets
$0All other assets
$0Total liabilities and capital
$7,436Total liabilities
$6,994Total deposits
$6,891Interest-bearing deposits
$5,944Deposits held in domestic offices
6891.00%% insured (estimated)
$99Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$103Total equity capital
$103Total bank equity capital
$442Perpetual preferred stock
$0Common stock
$100Surplus
$200Undivided profits
Memoranda
$142Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$23Income earned, not collected on loans
$259Earning assets
$6,257Long-term assets (5+ years)
$462Average Assets, year-to-date
$6,723Average Assets, quarterly
$7,262Volatile liabilities
$1,025Insider loans
$62FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$51Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$442Total risk weighted assets
$5,493Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$635Total interest expense
$290Net interest income
$345Provision for loan and lease losses
$23Total noninterest income
$87Fiduciary activities
$0Service charges on deposit accounts
$74Trading account gains & fees
$0Additional noninterest income
$13Total noninterest expense
$255Salaries and employee benefits
$112Premises and equipment expense
$13Additional noninterest expense
$130Pre-tax net operating income
$154Securities gains (losses)
$0Applicable income taxes
$45Income before extraordinary items
$109Extraordinary gains - net
$0Net income attributable to bank
$109Net charge-offs
$17Cash dividends
$32Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
10.84%Cost of funding earning assets
4.95%Net interest margin
5.89%Noninterest income to earning assets
1.49%Noninterest expense to earning assets
4.35%Net operating income to assets
1.62%Return on assets (ROA)
1.62%Pretax return on assets
2.29%Return on equity (ROE)
26.01%Retained earnings to average equity (YTD only)
18.38%Net charge-offs to loans
0.32%Credit loss provision to net charge-offs
135.29%Efficiency ratio
59,028Assets per employee
1.49%Cash dividends to net income (YTD only)
Condition Ratios (%)
29.36%Loss allowance to loans
1.09%Loss allowance to noncurrent loans
273.91%Noncurrent assets plus other real estate owned to assets
2.29%Noncurrent loans to loans
0.40%Net loans and leases to deposits
83.31%Net loans and leases to core deposits
97.87%Equity capital to assets
5.94%Core capital (leverage) ratio
6.10%Tier 1 risk-based capital ratio
8.05%Total risk-based capital ratio
Memoranda
$9Average assets
$6,723Average earning assets
$419Average equity
$5,856Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of Overton.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.