FDIC Certificate #: 17966 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Citizens Bank & Trust Company (#5469) Federal Reserve ID: 135751 Date Established: Febuary 16, 1959 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 11898 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: Febuary 16, 1959 Last Structure Change Effective Date: December 01, 2009 Last Structure Change Process Date: December 07, 2009 Last Data Update: December 07, 2009 Data Source Date: April 05, 2012
Location
Address: 1634 16th Street, Central City, NE 68826 County: Merrick 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): Grand Island, NE (#24260) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $21.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
9Total employees (full-time equivalent)
$20,781Total assets
$739Cash and due from depository institutions
$0Interest-bearing balances
$5,331Securities
$625Federal funds sold & reverse repurchase agreements
$13,377Net loans & leases
$313Loan loss allowance
$0Trading account assets
$117Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$592All other assets
$20,781Total liabilities and capital
$17,351Total liabilities
$17,274Total deposits
$3,613Interest-bearing deposits
$17,274Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$77All other liabilities
$3,430Total equity capital
$3,430Total bank equity capital
$3,430Perpetual preferred stock
$0Common stock
$300Surplus
$750Undivided profits
Memoranda
$2,380Noncurrent loans and leases
$1,556Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$384Earning assets
$0Long-term assets (5+ years)
$307Average Assets, year-to-date
$19,333Average Assets, quarterly
$1,237Volatile liabilities
$20,742Insider loans
$20,560FHLB advances
$1,267Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,556Total unused commitments
$0Restructured Loans and leases
$211Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$1,199Total interest income
$348Total interest expense
$851Net interest income
$34Provision for loan and lease losses
$133Total noninterest income
$0Fiduciary activities
$114Service charges on deposit accounts
$0Trading account gains & fees
$19Additional noninterest income
$733Total noninterest expense
$466Salaries and employee benefits
$99Premises and equipment expense
$168Additional noninterest expense
$217Pre-tax net operating income
$0Securities gains (losses)
$8Applicable income taxes
$209Income before extraordinary items
$0Extraordinary gains - net
$209Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$86Sale, conversion, retirement of capital stock, net
$189Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.29%Yield on earning assets
1.83%Cost of funding earning assets
4.47%Net interest margin
0.70%Noninterest income to earning assets
3.85%Noninterest expense to earning assets
1.01%Net operating income to assets
1.01%Return on assets (ROA)
1.05%Pretax return on assets
6.16%Return on equity (ROE)
0.59%Retained earnings to average equity (YTD only)
0.67%Net charge-offs to loans
39.53%Credit loss provision to net charge-offs
2.92%Efficiency ratio
74,492Assets per employee
2.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
90.43%Loss allowance to loans
2.29%Loss allowance to noncurrent loans
81.51%Noncurrent assets plus other real estate owned to assets
1.85%Noncurrent loans to loans
2.80%Net loans and leases to deposits
77.44%Net loans and leases to core deposits
83.57%Equity capital to assets
16.51%Core capital (leverage) ratio
16.32%Tier 1 risk-based capital ratio
19.90%Total risk-based capital ratio
Memoranda
$21Average assets
$20,742Average earning assets
$3,394Average equity
$19,054Average loans
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