Lingle State Bank in Lingle, Wyoming (WY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 31, 1995

Lingle State Bank in Lingle, Wyoming (WY)
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Lingle State Bank - Overview

General
FDIC Certificate #: 22928
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First National Bank, Torrington (#530)
Federal Reserve ID: 909158
Date Established: August 20, 1979
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 16035
Numeric code: 21
Regulator: FDIC
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 20, 1979
Last Structure Change Effective Date: July 31, 1995
Last Structure Change Process Date: August 21, 1995
Last Data Update: August 21, 1995
Data Source Date: April 05, 2012
Location
Address: Second And Main Streets, Lingle, WY 82223
County: Goshen
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
Financial Summary
Total assets: $15.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$7Total assets
$16,926Cash and due from depository institutions
$591Interest-bearing balances
$14Securities
$8,938Federal funds sold & reverse repurchase agreements
$1,020Net loans & leases
$5,821Loan loss allowance
$101Trading account assets
$0Bank premises and fixed assets
$265Other real estate owned
$25Goodwill and other intangibles
$266Life insurance assets
$0All other assets
$0Total liabilities and capital
$16,926Total liabilities
$15,356Total deposits
$15,287Interest-bearing deposits
$13,041Deposits held in domestic offices
15287.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$69Total equity capital
$69Total bank equity capital
$1,570Perpetual preferred stock
$0Common stock
$300Surplus
$500Undivided profits
Memoranda
$770Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$33Income earned, not collected on loans
$87Earning assets
$15,793Long-term assets (5+ years)
$1,136Average Assets, year-to-date
$16,922Average Assets, quarterly
$16,783Volatile liabilities
$2,661Insider loans
$520FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$544Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,570Total risk weighted assets
$7,994Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$1,111Total interest expense
$483Net interest income
$628Provision for loan and lease losses
$71Total noninterest income
$112Fiduciary activities
$0Service charges on deposit accounts
$95Trading account gains & fees
$0Additional noninterest income
$17Total noninterest expense
$371Salaries and employee benefits
$187Premises and equipment expense
$49Additional noninterest expense
$135Pre-tax net operating income
$298Securities gains (losses)
$4Applicable income taxes
$62Income before extraordinary items
$240Extraordinary gains - net
$0Net income attributable to bank
$240Net charge-offs
$56Cash dividends
$109Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.07%Cost of funding earning assets
3.08%Net interest margin
4.00%Noninterest income to earning assets
0.71%Noninterest expense to earning assets
2.36%Net operating income to assets
1.40%Return on assets (ROA)
1.42%Pretax return on assets
1.78%Return on equity (ROE)
15.70%Retained earnings to average equity (YTD only)
8.57%Net charge-offs to loans
0.96%Credit loss provision to net charge-offs
126.79%Efficiency ratio
50,135Assets per employee
2.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
45.42%Loss allowance to loans
1.71%Loss allowance to noncurrent loans
306.06%Noncurrent assets plus other real estate owned to assets
0.34%Noncurrent loans to loans
0.56%Net loans and leases to deposits
38.08%Net loans and leases to core deposits
46.10%Equity capital to assets
9.28%Core capital (leverage) ratio
9.33%Tier 1 risk-based capital ratio
19.64%Total risk-based capital ratio
Memoranda
$21Average assets
$16,922Average earning assets
$1,529Average equity
$15,705Average loans

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