FDIC Certificate #: 12247 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Pony Express Community Bank (#22185) Federal Reserve ID: 667458 Date Established: May 31, 1928 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 7786 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: January 01, 2010 Last Structure Change Process Date: January 19, 2010 Last Data Update: January 19, 2010 Data Source Date: April 05, 2012
Location
Address: 203 North Oak Street, Paxton, NE 69155 County: Keith 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: $14.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
7Total employees (full-time equivalent)
$14,085Total assets
$1,449Cash and due from depository institutions
$1,099Interest-bearing balances
$2,708Securities
$241Federal funds sold & reverse repurchase agreements
$8,977Net loans & leases
$263Loan loss allowance
$0Trading account assets
$228Bank premises and fixed assets
$0Other real estate owned
$48Goodwill and other intangibles
$0Life insurance assets
$434All other assets
$14,085Total liabilities and capital
$12,111Total liabilities
$11,803Total deposits
$9,474Interest-bearing deposits
$11,803Deposits held in domestic offices
97.08%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$308All other liabilities
$1,974Total equity capital
$1,974Total bank equity capital
$1,974Perpetual preferred stock
$0Common stock
$75Surplus
$1,461Undivided profits
Memoranda
$438Noncurrent loans and leases
$1,751Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$572Earning assets
$0Long-term assets (5+ years)
$263Average Assets, year-to-date
$13,025Average Assets, quarterly
$1,616Volatile liabilities
$15,019Insider loans
$14,073FHLB advances
$1,635Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,751Total unused commitments
$0Restructured Loans and leases
$132Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$1,025Total interest income
$146Total interest expense
$879Net interest income
$0Provision for loan and lease losses
$73Total noninterest income
$0Fiduciary activities
$52Service charges on deposit accounts
$0Trading account gains & fees
$21Additional noninterest income
$569Total noninterest expense
$257Salaries and employee benefits
$31Premises and equipment expense
$281Additional noninterest expense
$383Pre-tax net operating income
$0Securities gains (losses)
$141Applicable income taxes
$242Income before extraordinary items
$0Extraordinary gains - net
$242Net income attributable to bank
$0Net charge-offs
$242Cash dividends
-$25Sale, conversion, retirement of capital stock, net
$367Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.28%Yield on earning assets
1.04%Cost of funding earning assets
6.25%Net interest margin
0.52%Noninterest income to earning assets
4.04%Noninterest expense to earning assets
1.61%Net operating income to assets
1.61%Return on assets (ROA)
2.55%Pretax return on assets
11.59%Return on equity (ROE)
-5.99%Retained earnings to average equity (YTD only)
-0.26%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
59,769Assets per employee
2.01%Cash dividends to net income (YTD only)
Condition Ratios (%)
151.65%Loss allowance to loans
2.85%Loss allowance to noncurrent loans
45.98%Noncurrent assets plus other real estate owned to assets
4.06%Noncurrent loans to loans
6.19%Net loans and leases to deposits
76.06%Net loans and leases to core deposits
88.29%Equity capital to assets
14.01%Core capital (leverage) ratio
13.21%Tier 1 risk-based capital ratio
18.06%Total risk-based capital ratio
Memoranda
$19Average assets
$15,019Average earning assets
$2,088Average equity
$14,071Average loans
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