FDIC Certificate #: 5408 Status: Active Federal Reserve ID: 2750 Date Established: January 01, 1903 WWW:http://www.genoacb.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 3654 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: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: June 30, 2011 Last Structure Change Process Date: July 11, 2011 Last Data Update: July 11, 2011 Data Source Date: April 05, 2012
Location
Address: Willard Avenue And Oak Street, Genoa, NE 68640 County: Nance 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
Name Change
Change in Primary Regulatory Agency
Change in Supervisory Agency
Financial Summary
Total assets: $59.6 mil Equity capital: $5.5 mil Deposits held in domestic offices: $44.7 mil Return on assets (ROA): 0.84% ($0.5 mil) Quarterly return on assets: 1.00% ($0.6 mil) Return on Equity (ROE): 9.15% ($0.5 mil) Quarterly return on equity: 10.83% ($0.6 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.88% ($524.4 mil) Quarterly Pretax return on assets: 1.04% ($619.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
11Total employees (full-time equivalent)
$59,593Total assets
$2,045Cash and due from depository institutions
$1,597Interest-bearing balances
$15,296Securities
$0Federal funds sold & reverse repurchase agreements
$38,902Net loans & leases
$595Loan loss allowance
$0Trading account assets
$302Bank premises and fixed assets
$175Other real estate owned
$0Goodwill and other intangibles
$59,593Life insurance assets
$2,873All other assets
$54,081Total liabilities and capital
$44,704Total liabilities
$40,527Total deposits
$44,704Interest-bearing deposits
$89Deposits held in domestic offices
856.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$8,305Trading liabilities
$0Other borrowed funds
$216Subordinated debt
$5,512All other liabilities
$5,512Total equity capital
$5,512Total bank equity capital
$0Perpetual preferred stock
$121Common stock
$4,400Surplus
$991Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,920Income earned, not collected on loans
$0Earning assets
$1,084Long-term assets (5+ years)
$55,795Average Assets, year-to-date
$10,910Average Assets, quarterly
$58,333Volatile liabilities
$60,086Insider loans
$46,337FHLB advances
$59,767Loans and leases held for sale
$875Unused loan commitments
$875Tier 1 (core) risk-based capital
$5,482Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,641Restructured Loans and leases
$1,698Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,648Total interest income
$796Total interest expense
$1,852Net interest income
$135Provision for loan and lease losses
$183Total noninterest income
$0Fiduciary activities
$97Service charges on deposit accounts
$0Trading account gains & fees
$86Additional noninterest income
$1,403Total noninterest expense
$785Salaries and employee benefits
$86Premises and equipment expense
$532Additional noninterest expense
$497Pre-tax net operating income
$14Securities gains (losses)
$19Applicable income taxes
$492Income before extraordinary items
$0Extraordinary gains - net
$492Net income attributable to bank
$0Net charge-offs
$492Cash dividends
$183Sale, conversion, retirement of capital stock, net
$243Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.86%Yield on earning assets
1.46%Cost of funding earning assets
3.40%Net interest margin
0.34%Noninterest income to earning assets
2.57%Noninterest expense to earning assets
0.82%Net operating income to assets
0.84%Return on assets (ROA)
0.88%Pretax return on assets
9.15%Return on equity (ROE)
4.63%Retained earnings to average equity (YTD only)
0.50%Net charge-offs to loans
73.77%Credit loss provision to net charge-offs
3.45%Efficiency ratio
68,943Assets per employee
5.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
49.39%Loss allowance to loans
1.51%Loss allowance to noncurrent loans
30.99%Noncurrent assets plus other real estate owned to assets
3.52%Noncurrent loans to loans
4.86%Net loans and leases to deposits
87.02%Net loans and leases to core deposits
97.58%Equity capital to assets
9.25%Core capital (leverage) ratio
9.17%Tier 1 risk-based capital ratio
11.83%Total risk-based capital ratio
Memoranda
$13Average assets
$58,333Average earning assets
$5,380Average equity
$54,505Average loans
List of branches
1 Nebraska Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
3654
Genoa Community Bank
Willard Avenue And Oak Street, Genoa, NE 68640
January 01, 1903
Full Service Brick and Mortar
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