FDIC Certificate #: 8602 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Pinnacle Bank (#10634) Federal Reserve ID: 543057 Date Established: January 01, 1897 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Interstate: No) OTS Docket #: 13656 FDIC's unique #: 5496 Numeric code: 13 Regulator: FED 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: May 03, 2000 Last Structure Change Process Date: May 25, 2000 Last Data Update: May 25, 2000 Data Source Date: April 05, 2012
Location
Address: 143 East 13th Street, Crete, NE 68333 County: Saline 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
Financial Summary
Total assets: $53.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
16Total employees (full-time equivalent)
$53,839Total assets
$2,925Cash and due from depository institutions
$885Interest-bearing balances
$17,732Securities
$500Federal funds sold & reverse repurchase agreements
$31,745Net loans & leases
$675Loan loss allowance
$0Trading account assets
$116Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$821All other assets
$53,839Total liabilities and capital
$49,539Total liabilities
$48,831Total deposits
$44,756Interest-bearing deposits
$48,831Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$708All other liabilities
$4,300Total equity capital
$4,300Total bank equity capital
$4,300Perpetual preferred stock
$0Common stock
$600Surplus
$1,763Undivided profits
Memoranda
$1,937Noncurrent loans and leases
$2,358Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$968Earning assets
$0Long-term assets (5+ years)
$475Average Assets, year-to-date
$50,862Average Assets, quarterly
$5,886Volatile liabilities
$55,401Insider loans
$54,758FHLB advances
$2,728Loans and leases held for sale
$469Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,358Total unused commitments
$0Restructured Loans and leases
$410Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$4,063Total interest income
$2,087Total interest expense
$1,976Net interest income
$215Provision for loan and lease losses
$325Total noninterest income
$0Fiduciary activities
$222Service charges on deposit accounts
$0Trading account gains & fees
$103Additional noninterest income
$1,252Total noninterest expense
$580Salaries and employee benefits
$145Premises and equipment expense
$527Additional noninterest expense
$834Pre-tax net operating income
$0Securities gains (losses)
$243Applicable income taxes
$591Income before extraordinary items
$0Extraordinary gains - net
$591Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$62Sale, conversion, retirement of capital stock, net
$588Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.75%Yield on earning assets
3.98%Cost of funding earning assets
3.77%Net interest margin
0.62%Noninterest income to earning assets
2.39%Noninterest expense to earning assets
1.07%Net operating income to assets
1.07%Return on assets (ROA)
1.51%Pretax return on assets
12.89%Return on equity (ROE)
0.07%Retained earnings to average equity (YTD only)
0.19%Net charge-offs to loans
346.77%Credit loss provision to net charge-offs
16.92%Efficiency ratio
54,411Assets per employee
3.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
99.49%Loss allowance to loans
2.08%Loss allowance to noncurrent loans
69.73%Noncurrent assets plus other real estate owned to assets
1.80%Noncurrent loans to loans
2.99%Net loans and leases to deposits
65.01%Net loans and leases to core deposits
68.86%Equity capital to assets
7.99%Core capital (leverage) ratio
8.22%Tier 1 risk-based capital ratio
13.86%Total risk-based capital ratio
Memoranda
$15Average assets
$55,401Average earning assets
$4,584Average equity
$52,413Average loans
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