FDIC Certificate #: 15419 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:McCook National Bank (#5434) Federal Reserve ID: 658456 Date Established: January 01, 1887 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 9735 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: January 01, 1934 Last Structure Change Effective Date: September 08, 2003 Last Structure Change Process Date: October 07, 2003 Last Data Update: October 07, 2003 Data Source Date: April 05, 2012
Location
Address: Bailey Street, Stratton, NE 69043 County: Hitchcock 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: $16.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
6Total employees (full-time equivalent)
$15,619Total assets
$698Cash and due from depository institutions
$99Interest-bearing balances
$2,586Securities
$475Federal funds sold & reverse repurchase agreements
$11,253Net loans & leases
$267Loan loss allowance
$0Trading account assets
$202Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$405All other assets
$15,619Total liabilities and capital
$14,016Total liabilities
$13,644Total deposits
$11,805Interest-bearing deposits
$13,644Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$22Other borrowed funds
$0Subordinated debt
$350All other liabilities
$1,603Total equity capital
$1,603Total bank equity capital
$1,603Perpetual preferred stock
$0Common stock
$150Surplus
$550Undivided profits
Memoranda
$903Noncurrent loans and leases
$915Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$47Earning assets
$0Long-term assets (5+ years)
$328Average Assets, year-to-date
$14,413Average Assets, quarterly
$1,320Volatile liabilities
$15,455Insider loans
$15,950FHLB advances
$1,956Loans and leases held for sale
$20Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$915Total unused commitments
$0Restructured Loans and leases
$155Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$1,025Total interest income
$345Total interest expense
$680Net interest income
$0Provision for loan and lease losses
$75Total noninterest income
$0Fiduciary activities
$50Service charges on deposit accounts
$0Trading account gains & fees
$25Additional noninterest income
$526Total noninterest expense
$295Salaries and employee benefits
$53Premises and equipment expense
$178Additional noninterest expense
$229Pre-tax net operating income
$0Securities gains (losses)
$55Applicable income taxes
$174Income before extraordinary items
$0Extraordinary gains - net
$174Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$6Sale, conversion, retirement of capital stock, net
$35Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.14%Yield on earning assets
2.40%Cost of funding earning assets
4.74%Net interest margin
0.52%Noninterest income to earning assets
3.66%Noninterest expense to earning assets
1.13%Net operating income to assets
1.13%Return on assets (ROA)
1.48%Pretax return on assets
11.38%Return on equity (ROE)
9.09%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
38.17%Efficiency ratio
69,669Assets per employee
2.60%Cash dividends to net income (YTD only)
Condition Ratios (%)
20.11%Loss allowance to loans
2.32%Loss allowance to noncurrent loans
568.09%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.41%Net loans and leases to deposits
82.48%Net loans and leases to core deposits
96.28%Equity capital to assets
10.26%Core capital (leverage) ratio
9.76%Tier 1 risk-based capital ratio
12.74%Total risk-based capital ratio
Memoranda
$14Average assets
$15,455Average earning assets
$1,529Average equity
$14,353Average loans
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