FDIC Certificate #: 58217 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First State Bank (#12244) Federal Reserve ID: 3354704 Date Established: December 06, 2005 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 442572 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: December 06, 2005 Last Structure Change Effective Date: January 17, 2009 Last Structure Change Process Date: Febuary 26, 2009 Last Data Update: Febuary 26, 2009 Data Source Date: April 05, 2012
Location
Address: 123 Center Ave, Holbrook, NE 68948 County: Furnas 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: $28.3 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2008)
Dollar figures in thousands
10Total employees (full-time equivalent)
$28,347Total assets
$2,361Cash and due from depository institutions
$704Interest-bearing balances
$9,401Securities
$0Federal funds sold & reverse repurchase agreements
$13,160Net loans & leases
$249Loan loss allowance
$0Trading account assets
$576Bank premises and fixed assets
$0Other real estate owned
$2,017Goodwill and other intangibles
$0Life insurance assets
$832All other assets
$28,347Total liabilities and capital
$23,313Total liabilities
$15,458Total deposits
$13,221Interest-bearing deposits
$15,458Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$7,800Other borrowed funds
$0Subordinated debt
$55All other liabilities
$5,034Total equity capital
$5,034Total bank equity capital
$5,034Perpetual preferred stock
$0Common stock
$125Surplus
$4,075Undivided profits
Memoranda
$834Noncurrent loans and leases
$1,869Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$933Earning assets
$0Long-term assets (5+ years)
$190Average Assets, year-to-date
$23,265Average Assets, quarterly
$8,544Volatile liabilities
$27,890Insider loans
$27,746FHLB advances
$5,502Loans and leases held for sale
$0Unused loan commitments
$7,800Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,869Total unused commitments
$0Restructured Loans and leases
$204Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$1,528Total interest income
$662Total interest expense
$866Net interest income
$570Provision for loan and lease losses
$938Total noninterest income
$0Fiduciary activities
$44Service charges on deposit accounts
$0Trading account gains & fees
$894Additional noninterest income
$894Total noninterest expense
$448Salaries and employee benefits
$92Premises and equipment expense
$354Additional noninterest expense
$340Pre-tax net operating income
$40Securities gains (losses)
$102Applicable income taxes
$278Income before extraordinary items
$0Extraordinary gains - net
$278Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$488Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.51%Yield on earning assets
2.82%Cost of funding earning assets
3.69%Net interest margin
4.00%Noninterest income to earning assets
3.81%Noninterest expense to earning assets
0.89%Net operating income to assets
1.00%Return on assets (ROA)
1.36%Pretax return on assets
5.69%Return on equity (ROE)
5.69%Retained earnings to average equity (YTD only)
3.56%Net charge-offs to loans
116.80%Credit loss provision to net charge-offs
1.86%Efficiency ratio
49,557Assets per employee
2.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.86%Loss allowance to noncurrent loans
26.69%Noncurrent assets plus other real estate owned to assets
3.29%Noncurrent loans to loans
6.96%Net loans and leases to deposits
85.13%Net loans and leases to core deposits
116.92%Equity capital to assets
17.76%Core capital (leverage) ratio
11.47%Tier 1 risk-based capital ratio
18.11%Total risk-based capital ratio
Memoranda
$19Average assets
$27,890Average earning assets
$4,883Average equity
$23,468Average loans
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