FDIC Certificate #: 18265 Status: Active Federal Reserve ID: 145956 Bank Holding Company (Regulatory Top Holder): Wheeler County Bancshares, Inc. (RSSDID: 1066919, Location: Ericson, NE) Date Established: October 20, 1959 WWW:http://www.ericsonstatebank.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 #: 12181 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: June 15, 1960 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: 427 Central Avenue, Ericson, NE 68637 County: Wheeler 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 Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $49.3 mil Equity capital: $4.4 mil Deposits held in domestic offices: $43.9 mil Return on assets (ROA): 1.19% ($0.6 mil) Quarterly return on assets: -0.10% (-$0.0 mil) Return on Equity (ROE): 13.92% ($0.6 mil) Quarterly return on equity: -1.09% (-$0.0 mil) Net income: $0.6 mil Quarterly Net income: -$0.0 mil Pretax return on assets: 1.81% ($891.5 mil) Quarterly Pretax return on assets: 1.50% ($738.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$49,256Total assets
$401Cash and due from depository institutions
$0Interest-bearing balances
$3,931Securities
$0Federal funds sold & reverse repurchase agreements
$42,560Net loans & leases
$508Loan loss allowance
$0Trading account assets
$338Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$49,256Life insurance assets
$2,026All other assets
$44,850Total liabilities and capital
$43,890Total liabilities
$39,437Total deposits
$43,890Interest-bearing deposits
$100Deposits held in domestic offices
251.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$709Subordinated debt
$4,406All other liabilities
$4,406Total equity capital
$4,406Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$3,800Surplus
$406Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$57Income earned, not collected on loans
$0Earning assets
$1,586Long-term assets (5+ years)
$46,491Average Assets, year-to-date
$4,972Average Assets, quarterly
$49,037Volatile liabilities
$49,580Insider loans
$39,002FHLB advances
$49,316Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,406Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,803Restructured Loans and leases
$234Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,107Total interest income
$667Total interest expense
$2,440Net interest income
$445Provision for loan and lease losses
$152Total noninterest income
$0Fiduciary activities
$149Service charges on deposit accounts
$0Trading account gains & fees
$3Additional noninterest income
$1,259Total noninterest expense
$596Salaries and employee benefits
$140Premises and equipment expense
$523Additional noninterest expense
$888Pre-tax net operating income
$0Securities gains (losses)
$306Applicable income taxes
$582Income before extraordinary items
$0Extraordinary gains - net
$582Net income attributable to bank
$0Net charge-offs
$582Cash dividends
$628Sale, conversion, retirement of capital stock, net
$25Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.72%Yield on earning assets
1.44%Cost of funding earning assets
5.28%Net interest margin
0.33%Noninterest income to earning assets
2.72%Noninterest expense to earning assets
1.19%Net operating income to assets
1.19%Return on assets (ROA)
1.81%Pretax return on assets
13.92%Return on equity (ROE)
13.32%Retained earnings to average equity (YTD only)
1.45%Net charge-offs to loans
70.86%Credit loss provision to net charge-offs
2.12%Efficiency ratio
48,573Assets per employee
7.04%Cash dividends to net income (YTD only)
Condition Ratios (%)
4.30%Loss allowance to loans
1.18%Loss allowance to noncurrent loans
891.23%Noncurrent assets plus other real estate owned to assets
0.12%Noncurrent loans to loans
0.13%Net loans and leases to deposits
96.97%Net loans and leases to core deposits
96.97%Equity capital to assets
8.95%Core capital (leverage) ratio
8.93%Tier 1 risk-based capital ratio
11.30%Total risk-based capital ratio
Memoranda
$13Average assets
$49,037Average earning assets
$4,182Average equity
$46,222Average loans
List of branches
1 Nebraska Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
12181
Ericson State Bank
427 Central Avenue, Ericson, NE 68637
October 20, 1959
Full Service Brick and Mortar
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