FDIC Certificate #: 25304 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Pinnacle Bank - Wyoming (#2232) Federal Reserve ID: 4053 Date Established: August 07, 1984 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Interstate: No) FDIC's unique #: 17507 Numeric code: 13 Regulator: FED Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: August 07, 1984 Last Structure Change Effective Date: April 03, 1999 Last Structure Change Process Date: May 14, 1999 Last Data Update: May 14, 1999 Data Source Date: April 05, 2012
Location
Address: 1501 South Greeley Highway, Cheyenne, WY 82007 County: Laramie Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Billings Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Cheyenne, WY (#1580) Core Based Statistical Area (CBSA): Cheyenne, WY (#16940) CBSA Metro Statistical Area: Cheyenne, WY (#16940)
Financial Summary
Total assets: $20.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
12Total employees (full-time equivalent)
$20,498Total assets
$1,865Cash and due from depository institutions
$496Interest-bearing balances
$7,000Securities
$700Federal funds sold & reverse repurchase agreements
$9,640Net loans & leases
$128Loan loss allowance
$0Trading account assets
$614Bank premises and fixed assets
$64Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$615All other assets
$20,498Total liabilities and capital
$18,216Total liabilities
$18,169Total deposits
$14,592Interest-bearing deposits
$18,169Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$47All other liabilities
$2,282Total equity capital
$2,282Total bank equity capital
$2,282Perpetual preferred stock
$0Common stock
$400Surplus
$1,600Undivided profits
Memoranda
$282Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$20Earning assets
$0Long-term assets (5+ years)
$77Average Assets, year-to-date
$17,836Average Assets, quarterly
$4,112Volatile liabilities
$21,932Insider loans
$20,389FHLB advances
$2,517Loans and leases held for sale
$1Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,299Total unused commitments
$0Restructured Loans and leases
$11,702Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$1,545Total interest income
$737Total interest expense
$808Net interest income
$173Provision for loan and lease losses
$235Total noninterest income
$0Fiduciary activities
$148Service charges on deposit accounts
$0Trading account gains & fees
$87Additional noninterest income
$1,913Total noninterest expense
$343Salaries and employee benefits
$122Premises and equipment expense
$1,448Additional noninterest expense
-$1,043Pre-tax net operating income
$2Securities gains (losses)
-$314Applicable income taxes
-$727Income before extraordinary items
$0Extraordinary gains - net
-$727Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$293Sale, conversion, retirement of capital stock, net
$10Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.12%Yield on earning assets
3.87%Cost of funding earning assets
4.24%Net interest margin
1.23%Noninterest income to earning assets
10.05%Noninterest expense to earning assets
-3.32%Net operating income to assets
-3.31%Return on assets (ROA)
-4.75%Pretax return on assets
-29.76%Return on equity (ROE)
-30.17%Retained earnings to average equity (YTD only)
2.74%Net charge-offs to loans
59.04%Credit loss provision to net charge-offs
-2.97%Efficiency ratio
183,413Assets per employee
1.71%Cash dividends to net income (YTD only)
Condition Ratios (%)
-1.38%Loss allowance to loans
1.31%Loss allowance to noncurrent loans
640.00%Noncurrent assets plus other real estate owned to assets
0.41%Noncurrent loans to loans
0.20%Net loans and leases to deposits
53.06%Net loans and leases to core deposits
61.59%Equity capital to assets
11.13%Core capital (leverage) ratio
10.02%Tier 1 risk-based capital ratio
17.93%Total risk-based capital ratio
Memoranda
$19Average assets
$21,932Average earning assets
$2,443Average equity
$19,035Average loans
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