FDIC Certificate #: 12492 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Pinnacle Bank (#10634) Federal Reserve ID: 196350 Date Established: January 01, 1887 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 7947 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: August 25, 2007 Last Structure Change Process Date: September 25, 2007 Last Data Update: September 25, 2007 Data Source Date: April 05, 2012
Location
Address: 447 Broadway, Imperial, NE 69033 County: Chase 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: $54.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
12Total employees (full-time equivalent)
$51,405Total assets
$4,302Cash and due from depository institutions
$891Interest-bearing balances
$9,239Securities
$6,000Federal funds sold & reverse repurchase agreements
$29,521Net loans & leases
$292Loan loss allowance
$0Trading account assets
$581Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,762All other assets
$51,405Total liabilities and capital
$45,024Total liabilities
$44,680Total deposits
$36,010Interest-bearing deposits
$44,680Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$344All other liabilities
$6,381Total equity capital
$6,381Total bank equity capital
$6,381Perpetual preferred stock
$0Common stock
$150Surplus
$2,050Undivided profits
Memoranda
$4,181Noncurrent loans and leases
$7,440Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$879Average Assets, year-to-date
$45,651Average Assets, quarterly
$6,504Volatile liabilities
$48,768Insider loans
$48,781FHLB advances
$6,813Loans and leases held for sale
$1,544Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,440Total unused commitments
$0Restructured Loans and leases
$292Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$3,150Total interest income
$941Total interest expense
$2,209Net interest income
$50Provision for loan and lease losses
$131Total noninterest income
$0Fiduciary activities
$61Service charges on deposit accounts
$0Trading account gains & fees
$70Additional noninterest income
$1,116Total noninterest expense
$638Salaries and employee benefits
$155Premises and equipment expense
$323Additional noninterest expense
$1,174Pre-tax net operating income
$0Securities gains (losses)
$408Applicable income taxes
$766Income before extraordinary items
$0Extraordinary gains - net
$766Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$69Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.09%Yield on earning assets
2.12%Cost of funding earning assets
4.97%Net interest margin
0.29%Noninterest income to earning assets
2.51%Noninterest expense to earning assets
1.57%Net operating income to assets
1.57%Return on assets (ROA)
2.41%Pretax return on assets
12.86%Return on equity (ROE)
12.86%Retained earnings to average equity (YTD only)
0.24%Net charge-offs to loans
72.46%Credit loss provision to net charge-offs
17.74%Efficiency ratio
47,692Assets per employee
4.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.98%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
66.07%Net loans and leases to core deposits
77.96%Equity capital to assets
12.41%Core capital (leverage) ratio
12.95%Tier 1 risk-based capital ratio
18.29%Total risk-based capital ratio
Memoranda
$19Average assets
$48,768Average earning assets
$5,955Average equity
$44,413Average loans
Total Fiduciary and Related Assets (December 31, 2006)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$35Managed Assets
1Number of Accounts
$1Personal trust and agency accounts
$1Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
3Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$34Other retirement accounts
$34Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
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