FDIC Certificate #: 5488 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:CHARTER WEST NATIONAL BANK (#26185) Federal Reserve ID: 397157 Date Established: January 01, 1907 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) FDIC's unique #: 3720 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: October 01, 2000 Last Structure Change Process Date: October 17, 2000 Last Data Update: October 17, 2000 Data Source Date: April 05, 2012
Location
Address: 610 4th Street, Pender, NE 68047 County: Thurston 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
Financial Summary
Total assets: $27.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$26,003Total assets
$861Cash and due from depository institutions
$0Interest-bearing balances
$9,301Securities
$2,750Federal funds sold & reverse repurchase agreements
$11,651Net loans & leases
$157Loan loss allowance
$0Trading account assets
$294Bank premises and fixed assets
$0Other real estate owned
$781Goodwill and other intangibles
$0Life insurance assets
$365All other assets
$26,003Total liabilities and capital
$23,326Total liabilities
$23,162Total deposits
$19,108Interest-bearing deposits
$23,162Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$164All other liabilities
$2,677Total equity capital
$2,677Total bank equity capital
$2,677Perpetual preferred stock
$0Common stock
$200Surplus
$2,319Undivided profits
Memoranda
$158Noncurrent loans and leases
$2,984Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$126Earning assets
$24Long-term assets (5+ years)
$244Average Assets, year-to-date
$23,702Average Assets, quarterly
$1,873Volatile liabilities
$22,983Insider loans
$24,283FHLB advances
$4,796Loans and leases held for sale
$523Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,984Total unused commitments
$0Restructured Loans and leases
$157Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$1,475Total interest income
$627Total interest expense
$848Net interest income
$12Provision for loan and lease losses
$129Total noninterest income
$0Fiduciary activities
$110Service charges on deposit accounts
$0Trading account gains & fees
$19Additional noninterest income
$612Total noninterest expense
$391Salaries and employee benefits
$41Premises and equipment expense
$180Additional noninterest expense
$353Pre-tax net operating income
$0Securities gains (losses)
$108Applicable income taxes
$245Income before extraordinary items
$0Extraordinary gains - net
$245Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$7Sale, conversion, retirement of capital stock, net
$1,100Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.16%Yield on earning assets
3.04%Cost of funding earning assets
4.12%Net interest margin
0.63%Noninterest income to earning assets
2.97%Noninterest expense to earning assets
1.07%Net operating income to assets
1.07%Return on assets (ROA)
1.54%Pretax return on assets
8.11%Return on equity (ROE)
-28.31%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
171.43%Credit loss provision to net charge-offs
52.14%Efficiency ratio
58,444Assets per employee
3.25%Cash dividends to net income (YTD only)
Condition Ratios (%)
448.98%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
124.60%Noncurrent assets plus other real estate owned to assets
0.48%Noncurrent loans to loans
1.07%Net loans and leases to deposits
50.30%Net loans and leases to core deposits
63.44%Equity capital to assets
10.29%Core capital (leverage) ratio
8.14%Tier 1 risk-based capital ratio
13.43%Total risk-based capital ratio
Memoranda
$15Average assets
$22,983Average earning assets
$3,021Average equity
$20,598Average loans
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