Citizens State Bank in Virginia, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 13, 1993

  • Citizens State Bank in Virginia, Nebraska (NE)
  • Show street view No street view available for this location

Citizens State Bank - Overview

  • General
  • FDIC Certificate #: 18056
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Farmers Bank of Cook (#18528)
    Federal Reserve ID: 478159
    Date Established: January 01, 1903
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 11981
    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: July 22, 1959
    Last Structure Change Effective Date: March 13, 1993
    Last Structure Change Process Date: March 31, 1993
    Last Data Update: March 31, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Virginia, NE 68458
    County: Gage
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Omaha
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Beatrice, NE (#13100)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $5.3 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $3Total assets
  • $5,277Cash and due from depository institutions
  • $750Interest-bearing balances
  • $494Securities
  • $1,465Federal funds sold & reverse repurchase agreements
  • $300Net loans & leases
  • $2,634Loan loss allowance
  • $108Trading account assets
  • $0Bank premises and fixed assets
  • $30Other real estate owned
  • $0Goodwill and other intangibles
  • $98Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $5,277Total liabilities
  • $4,806Total deposits
  • $4,743Interest-bearing deposits
  • $4,007Deposits held in domestic offices
  • 4743.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $24All other liabilities
  • $39Total equity capital
  • $39Total bank equity capital
  • $471Perpetual preferred stock
  • $100Common stock
  • $138Surplus
  • $168Undivided profits
  • Memoranda
  • $65Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $15Income earned, not collected on loans
  • $68Earning assets
  • $4,893Long-term assets (5+ years)
  • $641Average Assets, year-to-date
  • $5,360Average Assets, quarterly
  • $5,318Volatile liabilities
  • $200Insider loans
  • $3FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $63Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $471Total risk weighted assets
  • $2,924Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $450Total interest expense
  • $225Net interest income
  • $225Provision for loan and lease losses
  • $0Total noninterest income
  • $23Fiduciary activities
  • $0Service charges on deposit accounts
  • $20Trading account gains & fees
  • $0Additional noninterest income
  • $3Total noninterest expense
  • $145Salaries and employee benefits
  • $65Premises and equipment expense
  • $34Additional noninterest expense
  • $46Pre-tax net operating income
  • $103Securities gains (losses)
  • $0Applicable income taxes
  • $25Income before extraordinary items
  • $78Extraordinary gains - net
  • $0Net income attributable to bank
  • $78Net charge-offs
  • $0Cash dividends
  • $17Sale, 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
  • 9.18%Cost of funding earning assets
  • 4.59%Net interest margin
  • 4.59%Noninterest income to earning assets
  • 0.47%Noninterest expense to earning assets
  • 2.96%Net operating income to assets
  • 1.46%Return on assets (ROA)
  • 1.46%Pretax return on assets
  • 1.92%Return on equity (ROE)
  • 17.87%Retained earnings to average equity (YTD only)
  • 13.97%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 58,468Assets per employee
  • 1.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 21.79%Loss allowance to loans
  • 3.94%Loss allowance to noncurrent loans
  • 720.00%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.55%Net loans and leases to deposits
  • 55.53%Net loans and leases to core deposits
  • 57.98%Equity capital to assets
  • 8.93%Core capital (leverage) ratio
  • 8.73%Tier 1 risk-based capital ratio
  • 16.11%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $5,360Average earning assets
  • $437Average equity
  • $4,903Average loans

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