Commercial State Bank in Elsie, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2005

Commercial State Bank in Elsie, Nebraska (NE)
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Commercial State Bank - Overview

General
FDIC Certificate #: 17171
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank of Keystone (#9817)
Federal Reserve ID: 255958
Date Established: August 01, 1907
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 11206
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 14, 1953
Last Structure Change Effective Date: January 01, 2005
Last Structure Change Process Date: January 04, 2005
Last Data Update: January 04, 2005
Data Source Date: April 05, 2012
Location
Address: Main Street, Elsie, NE 69134
County: Perkins
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: $13.2 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, 2004)

Dollar figures in thousands
5Total employees (full-time equivalent)
$13,187Total assets
$1,583Cash and due from depository institutions
$0Interest-bearing balances
$612Securities
$0Federal funds sold & reverse repurchase agreements
$10,550Net loans & leases
$222Loan loss allowance
$0Trading account assets
$21Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$421All other assets
$13,187Total liabilities and capital
$11,890Total liabilities
$11,382Total deposits
$8,962Interest-bearing deposits
$11,382Deposits held in domestic offices
0.00%% insured (estimated)
$350Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$158All other liabilities
$1,297Total equity capital
$1,297Total bank equity capital
$1,297Perpetual preferred stock
$0Common stock
$120Surplus
$480Undivided profits
Memoranda
$697Noncurrent loans and leases
$4,394Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$41Earning assets
$0Long-term assets (5+ years)
$363Average Assets, year-to-date
$11,162Average Assets, quarterly
$755Volatile liabilities
$12,175Insider loans
$12,623FHLB advances
$2,398Loans and leases held for sale
$100Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,394Total unused commitments
$0Restructured Loans and leases
$145Derivatives

Income and Expense (December 31, 2004)

Dollar figures in thousands
$789Total interest income
$185Total interest expense
$604Net interest income
$22Provision for loan and lease losses
$63Total noninterest income
$0Fiduciary activities
$62Service charges on deposit accounts
$0Trading account gains & fees
$1Additional noninterest income
$418Total noninterest expense
$275Salaries and employee benefits
$52Premises and equipment expense
$91Additional noninterest expense
$227Pre-tax net operating income
$0Securities gains (losses)
$80Applicable income taxes
$147Income before extraordinary items
$0Extraordinary gains - net
$147Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$9Sale, conversion, retirement of capital stock, net
$50Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.33%Yield on earning assets
1.72%Cost of funding earning assets
5.61%Net interest margin
0.59%Noninterest income to earning assets
3.88%Noninterest expense to earning assets
1.21%Net operating income to assets
1.21%Return on assets (ROA)
1.86%Pretax return on assets
11.59%Return on equity (ROE)
7.65%Retained earnings to average equity (YTD only)
-0.09%Net charge-offs to loans
-244.44%Credit loss provision to net charge-offs
0.00%Efficiency ratio
62,669Assets per employee
2.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
34.01%Loss allowance to loans
2.06%Loss allowance to noncurrent loans
541.46%Noncurrent assets plus other real estate owned to assets
0.31%Noncurrent loans to loans
0.38%Net loans and leases to deposits
92.69%Net loans and leases to core deposits
113.03%Equity capital to assets
9.84%Core capital (leverage) ratio
10.39%Tier 1 risk-based capital ratio
11.25%Total risk-based capital ratio
Memoranda
$13Average assets
$12,175Average earning assets
$1,268Average equity
$10,763Average loans

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