Kearney State Bank and Trust Company in Kearney, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 19, 2008

  • Kearney State Bank and Trust Company in Kearney, Nebraska (NE)
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Kearney State Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 22191
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Farmers and Merchants Bank (#16810)
    Federal Reserve ID: 502858
    Date Established: January 05, 1976
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    OTS Docket #: 14397
    FDIC's unique #: 15420
    Numeric code: 13
    Regulator: FED
    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 05, 1976
    Last Structure Change Effective Date: Febuary 19, 2008
    Last Structure Change Process Date: Febuary 28, 2008
    Last Data Update: Febuary 28, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 3015 2nd Avenue, Kearney, NE 68847
    County: Buffalo
    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
    Core Based Statistical Area (CBSA): Kearney, NE (#28260)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $136.4 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, 2007)

  • Dollar figures in thousands
  • 38Total employees (full-time equivalent)
  • $136,421Total assets
  • $3,339Cash and due from depository institutions
  • $0Interest-bearing balances
  • $30,026Securities
  • $5,036Federal funds sold & reverse repurchase agreements
  • $78,050Net loans & leases
  • $681Loan loss allowance
  • $0Trading account assets
  • $2,877Bank premises and fixed assets
  • $1,103Other real estate owned
  • $12,953Goodwill and other intangibles
  • $0Life insurance assets
  • $3,037All other assets
  • $136,421Total liabilities and capital
  • $115,050Total liabilities
  • $110,221Total deposits
  • $94,745Interest-bearing deposits
  • $110,221Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $109Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,031Other borrowed funds
  • $0Subordinated debt
  • $1,689All other liabilities
  • $21,371Total equity capital
  • $21,371Total bank equity capital
  • $21,371Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $19,370Undivided profits
  • Memoranda
  • $501Noncurrent loans and leases
  • $8,526Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $675Earning assets
  • $0Long-term assets (5+ years)
  • $1,054Average Assets, year-to-date
  • $113,112Average Assets, quarterly
  • $18,406Volatile liabilities
  • $139,784Insider loans
  • $135,298FHLB advances
  • $21,416Loans and leases held for sale
  • $0Unused loan commitments
  • $3,031Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,062Total risk weighted assets
  • $8,526Total unused commitments
  • $0Restructured Loans and leases
  • $681Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $7,167Total interest income
  • $3,238Total interest expense
  • $3,929Net interest income
  • $650Provision for loan and lease losses
  • $375Total noninterest income
  • $14Fiduciary activities
  • $570Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$209Additional noninterest income
  • $3,071Total noninterest expense
  • $1,658Salaries and employee benefits
  • $421Premises and equipment expense
  • $992Additional noninterest expense
  • $583Pre-tax net operating income
  • -$6Securities gains (losses)
  • $148Applicable income taxes
  • $429Income before extraordinary items
  • $0Extraordinary gains - net
  • $429Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,021Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.03%Yield on earning assets
  • 2.72%Cost of funding earning assets
  • 3.31%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 2.58%Noninterest expense to earning assets
  • 0.31%Net operating income to assets
  • 0.31%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 2.23%Return on equity (ROE)
  • 2.23%Retained earnings to average equity (YTD only)
  • 1.21%Net charge-offs to loans
  • 63.66%Credit loss provision to net charge-offs
  • 1.21%Efficiency ratio
  • 63,151Assets per employee
  • 3.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.86%Loss allowance to noncurrent loans
  • 100.89%Noncurrent assets plus other real estate owned to assets
  • 1.30%Noncurrent loans to loans
  • 0.86%Net loans and leases to deposits
  • 70.81%Net loans and leases to core deposits
  • 87.78%Equity capital to assets
  • 15.67%Core capital (leverage) ratio
  • 7.88%Tier 1 risk-based capital ratio
  • 9.93%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $139,784Average earning assets
  • $19,275Average equity
  • $118,840Average loans

Total Fiduciary and Related Assets (December 31, 2007)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $6,581Managed Assets
  • 1Number of Accounts
  • $6,581Personal trust and agency accounts
  • $6,581Employee 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
  • 6Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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