Custer Federal Savings and Loan Association in Broken Bow, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Custer Federal Savings and Loan Association in Broken Bow, Nebraska (NE)
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Custer Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 28543
    Status: Active
    Federal Reserve ID: 481579
    Date Established: January 01, 1925
    WWW: http://www.custerfederal.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 1806
    FDIC's unique #: 41377
    Numeric code: 37
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 21, 1935
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 341 South 10th Avenue, Broken Bow, NE 68822
    County: Custer
    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
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $73.7 mil
    Equity capital: $5.9 mil
    Deposits held in domestic offices: $67.3 mil
    Return on assets (ROA): 0.77% ($0.6 mil)
    Quarterly return on assets: 0.46% ($0.3 mil)
    Return on Equity (ROE): 9.23% ($0.6 mil)
    Quarterly return on equity: 5.55% ($0.3 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.20% ($884.6 mil)
    Quarterly Pretax return on assets: 0.72% ($530.7 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
  • 14Total employees (full-time equivalent)
  • $73,713Total assets
  • $3,419Cash and due from depository institutions
  • $1,997Interest-bearing balances
  • $27,437Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $40,743Net loans & leases
  • $251Loan loss allowance
  • $0Trading account assets
  • $540Bank premises and fixed assets
  • $213Other real estate owned
  • $0Goodwill and other intangibles
  • $73,713Life insurance assets
  • $1,361All other assets
  • $67,841Total liabilities and capital
  • $67,319Total liabilities
  • $63,959Total deposits
  • $67,319Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $522Subordinated debt
  • $5,872All other liabilities
  • $5,872Total equity capital
  • $5,872Total bank equity capital
  • $0Perpetual preferred stock
  • $2Common stock
  • $1,459Surplus
  • $4,411Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $192Income earned, not collected on loans
  • $0Earning assets
  • $854Long-term assets (5+ years)
  • $70,177Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $68,978Volatile liabilities
  • $71,565Insider loans
  • $39,267FHLB advances
  • $73,641Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,800Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,857Restructured Loans and leases
  • $642Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,108Total interest income
  • $914Total interest expense
  • $2,194Net interest income
  • $75Provision for loan and lease losses
  • $127Total noninterest income
  • $0Fiduciary activities
  • $31Service charges on deposit accounts
  • $0Trading account gains & fees
  • $96Additional noninterest income
  • $1,419Total noninterest expense
  • $743Salaries and employee benefits
  • $240Premises and equipment expense
  • $436Additional noninterest expense
  • $827Pre-tax net operating income
  • $0Securities gains (losses)
  • $296Applicable income taxes
  • $531Income before extraordinary items
  • $0Extraordinary gains - net
  • $531Net income attributable to bank
  • $0Net charge-offs
  • $531Cash dividends
  • $104Sale, conversion, retirement of capital stock, net
  • $163Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.71%Yield on earning assets
  • 1.39%Cost of funding earning assets
  • 3.33%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 2.15%Noninterest expense to earning assets
  • 0.77%Net operating income to assets
  • 0.77%Return on assets (ROA)
  • 1.20%Pretax return on assets
  • 9.23%Return on equity (ROE)
  • 6.40%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 72.12%Credit loss provision to net charge-offs
  • 8.67%Efficiency ratio
  • 61,137Assets per employee
  • 5.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 30.70%Loss allowance to loans
  • 0.61%Loss allowance to noncurrent loans
  • 130.73%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 0.47%Net loans and leases to deposits
  • 60.52%Net loans and leases to core deposits
  • 64.78%Equity capital to assets
  • 7.97%Core capital (leverage) ratio
  • 7.88%Tier 1 risk-based capital ratio
  • 14.77%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $68,978Average earning assets
  • $5,750Average equity
  • $65,983Average loans

List of branches

  • 1 Nebraska Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041377Custer Federal Savings And Loan Asso341 South 10th Avenue, Broken Bow, NE 68822January 01, 1925Full Service Brick and Mortar

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