Lovell National Bank in Lovell, Wyoming (WY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 17, 1993

Lovell National Bank in Lovell, Wyoming (WY)
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Lovell National Bank - Overview

General
FDIC Certificate #: 25717
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Bank of Wyoming (#2226)
Federal Reserve ID: 908656
Date Established: October 18, 1984
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Interstate: No)
FDIC's unique #: 17594
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: October 18, 1984
Last Structure Change Effective Date: September 17, 1993
Last Structure Change Process Date: September 22, 1993
Last Data Update: September 22, 1993
Data Source Date: April 05, 2012
Location
Address: 284 East Main Street, Lovell, WY 82431
County: Big Horn
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: $8.4 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$6Total assets
$7,659Cash and due from depository institutions
$1,097Interest-bearing balances
$0Securities
$1,026Federal funds sold & reverse repurchase agreements
$1,800Net loans & leases
$3,645Loan loss allowance
$138Trading account assets
$0Bank premises and fixed assets
$10Other real estate owned
$0Goodwill and other intangibles
$81Life insurance assets
$0All other assets
$0Total liabilities and capital
$7,659Total liabilities
$7,200Total deposits
$7,118Interest-bearing deposits
$5,890Deposits held in domestic offices
7118.00%% insured (estimated)
$99Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$82Total equity capital
$82Total bank equity capital
$459Perpetual preferred stock
$0Common stock
$400Surplus
$400Undivided profits
Memoranda
$-341Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$71Income earned, not collected on loans
$50Earning assets
$6,471Long-term assets (5+ years)
$531Average Assets, year-to-date
$7,725Average Assets, quarterly
$7,319Volatile liabilities
$220Insider loans
$4FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$291Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$459Total risk weighted assets
$3,933Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$593Total interest expense
$252Net interest income
$341Provision for loan and lease losses
$0Total noninterest income
$74Fiduciary activities
$0Service charges on deposit accounts
$58Trading account gains & fees
$0Additional noninterest income
$16Total noninterest expense
$369Salaries and employee benefits
$132Premises and equipment expense
$69Additional noninterest expense
$168Pre-tax net operating income
$46Securities gains (losses)
$0Applicable income taxes
$7Income before extraordinary items
$39Extraordinary gains - net
$0Net income attributable to bank
$39Net charge-offs
$3Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.99%Cost of funding earning assets
3.82%Net interest margin
5.17%Noninterest income to earning assets
1.12%Noninterest expense to earning assets
5.60%Net operating income to assets
0.50%Return on assets (ROA)
0.50%Pretax return on assets
0.60%Return on equity (ROE)
9.00%Retained earnings to average equity (YTD only)
9.00%Net charge-offs to loans
0.07%Credit loss provision to net charge-offs
0.00%Efficiency ratio
88,916Assets per employee
1.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.65%Loss allowance to noncurrent loans
194.37%Noncurrent assets plus other real estate owned to assets
0.93%Noncurrent loans to loans
1.88%Net loans and leases to deposits
51.21%Net loans and leases to core deposits
52.84%Equity capital to assets
5.99%Core capital (leverage) ratio
6.10%Tier 1 risk-based capital ratio
11.67%Total risk-based capital ratio
Memoranda
$13Average assets
$7,725Average earning assets
$433Average equity
$6,593Average loans

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