FDIC Certificate #: 57296 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Citizens Bank & Trust Company (#5469) Federal Reserve ID: 3044818 Date Established: January 28, 2002 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 53549 FDIC's unique #: 360734 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 28, 2002 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: 133 South 7th Street, Loup City, NE 68853 County: Sherman 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: $24.8 mil
2000 - 2011 Historical total assets, liabilities and capital ($ 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
4Total employees (full-time equivalent)
$15,603Total assets
$655Cash and due from depository institutions
$200Interest-bearing balances
$2,097Securities
$762Federal funds sold & reverse repurchase agreements
$11,644Net loans & leases
$107Loan loss allowance
$0Trading account assets
$68Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$377All other assets
$15,603Total liabilities and capital
$13,584Total liabilities
$13,389Total deposits
$12,315Interest-bearing deposits
$13,389Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$100Other borrowed funds
$0Subordinated debt
$95All other liabilities
$2,019Total equity capital
$2,019Total bank equity capital
$2,019Perpetual preferred stock
$0Common stock
$500Surplus
$1,500Undivided profits
Memoranda
$19Noncurrent loans and leases
$4,436Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$36Earning assets
$0Long-term assets (5+ years)
$257Average Assets, year-to-date
$14,703Average Assets, quarterly
$2,398Volatile liabilities
$14,686Insider loans
$15,329FHLB advances
$4,258Loans and leases held for sale
$809Unused loan commitments
$100Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,436Total unused commitments
$0Restructured Loans and leases
$107Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$1,009Total interest income
$425Total interest expense
$584Net interest income
$0Provision for loan and lease losses
$95Total noninterest income
$0Fiduciary activities
$83Service charges on deposit accounts
$0Trading account gains & fees
$12Additional noninterest income
$445Total noninterest expense
$230Salaries and employee benefits
$49Premises and equipment expense
$166Additional noninterest expense
$234Pre-tax net operating income
$0Securities gains (losses)
$72Applicable income taxes
$162Income before extraordinary items
$0Extraordinary gains - net
$162Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$4Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.26%Yield on earning assets
3.06%Cost of funding earning assets
4.20%Net interest margin
0.68%Noninterest income to earning assets
3.20%Noninterest expense to earning assets
1.10%Net operating income to assets
1.10%Return on assets (ROA)
1.59%Pretax return on assets
8.49%Return on equity (ROE)
8.49%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
58.50%Efficiency ratio
65,538Assets per employee
3.90%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.91%Loss allowance to noncurrent loans
297.22%Noncurrent assets plus other real estate owned to assets
0.23%Noncurrent loans to loans
0.31%Net loans and leases to deposits
86.97%Net loans and leases to core deposits
127.52%Equity capital to assets
12.94%Core capital (leverage) ratio
13.70%Tier 1 risk-based capital ratio
16.35%Total risk-based capital ratio
Memoranda
$17Average assets
$14,686Average earning assets
$1,908Average equity
$13,890Average loans
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