FDIC Certificate #: 1983 Status: Active Federal Reserve ID: 248352 Bank Holding Company (Regulatory Top Holder): Western Investment Group, Llc (RSSDID: 4169969, Location: Curtis, NE) Date Established: December 20, 1910 WWW:http://www.csbcurtis.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 1335 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 301 Center Avenue, Curtis, NE 69025 County: Frontier 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $36.1 mil Equity capital: $4.5 mil Deposits held in domestic offices: $28.8 mil Return on assets (ROA): 1.95% ($0.7 mil) Quarterly return on assets: 0.76% ($0.3 mil) Return on Equity (ROE): 15.14% ($0.6 mil) Quarterly return on equity: 6.07% ($0.2 mil) Net income: $0.6 mil Quarterly Net income: $0.1 mil Pretax return on assets: 2.52% ($909.3 mil) Quarterly Pretax return on assets: 0.79% ($285.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
9Total employees (full-time equivalent)
$36,085Total assets
$2,854Cash and due from depository institutions
$32Interest-bearing balances
$7,802Securities
$0Federal funds sold & reverse repurchase agreements
$22,495Net loans & leases
$260Loan loss allowance
$0Trading account assets
$995Bank premises and fixed assets
$39Other real estate owned
$973Goodwill and other intangibles
$36,085Life insurance assets
$927All other assets
$31,599Total liabilities and capital
$28,772Total liabilities
$24,779Total deposits
$28,772Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,139Trading liabilities
$0Other borrowed funds
$688Subordinated debt
$4,486All other liabilities
$4,486Total equity capital
$4,486Total bank equity capital
$0Perpetual preferred stock
$250Common stock
$3,397Surplus
$839Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$486Long-term assets (5+ years)
$30,329Average Assets, year-to-date
$11,563Average Assets, quarterly
$32,878Volatile liabilities
$35,629Insider loans
$24,334FHLB advances
$34,039Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,339Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,465Restructured Loans and leases
$532Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,604Total interest income
$353Total interest expense
$1,251Net interest income
$62Provision for loan and lease losses
$790Total noninterest income
$0Fiduciary activities
$108Service charges on deposit accounts
$0Trading account gains & fees
$682Additional noninterest income
$1,110Total noninterest expense
$610Salaries and employee benefits
$173Premises and equipment expense
$327Additional noninterest expense
$869Pre-tax net operating income
-$39Securities gains (losses)
$188Applicable income taxes
$642Income before extraordinary items
$0Extraordinary gains - net
$642Net income attributable to bank
$0Net charge-offs
$642Cash dividends
$28Sale, conversion, retirement of capital stock, net
$75Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.61%Yield on earning assets
1.23%Cost of funding earning assets
4.37%Net interest margin
2.76%Noninterest income to earning assets
3.88%Noninterest expense to earning assets
2.04%Net operating income to assets
1.95%Return on assets (ROA)
2.52%Pretax return on assets
15.14%Return on equity (ROE)
13.37%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
221.43%Credit loss provision to net charge-offs
33.25%Efficiency ratio
54,385Assets per employee
4.01%Cash dividends to net income (YTD only)
Condition Ratios (%)
11.68%Loss allowance to loans
1.14%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.11%Noncurrent loans to loans
0.00%Net loans and leases to deposits
78.18%Net loans and leases to core deposits
92.89%Equity capital to assets
12.43%Core capital (leverage) ratio
9.81%Tier 1 risk-based capital ratio
13.72%Total risk-based capital ratio
Memoranda
$15Average assets
$32,878Average earning assets
$4,240Average equity
$28,601Average loans
List of branches
1 Nebraska Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
1335
Curtis State Bank
301 Center Avenue, Curtis, NE 69025
December 20, 1910
Full Service Brick and Mortar
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