FDIC Certificate #: 212 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First National Bank of Omaha (#5452) Federal Reserve ID: 308247 Date Established: January 01, 1883 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) FDIC's unique #: 167 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: Febuary 09, 2008 Last Structure Change Process Date: Febuary 19, 2008 Last Data Update: Febuary 19, 2008 Data Source Date: April 05, 2012
Location
Address: 102 South Locust Street, Glenwood, IA 51534 County: Mills Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Omaha Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Combined Statistical Area (CSA): Omaha-Council Bluffs-Fremont, NE-IA (#420) Core Based Statistical Area (CBSA): Omaha-Council Bluffs, NE-IA (#36540) CBSA Metro Statistical Area: Omaha-Council Bluffs, NE-IA (#36540)
Financial Summary
Total assets: $34.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
18Total employees (full-time equivalent)
$33,982Total assets
$2,408Cash and due from depository institutions
$1,618Interest-bearing balances
$8,824Securities
$1,930Federal funds sold & reverse repurchase agreements
$19,567Net loans & leases
$272Loan loss allowance
$0Trading account assets
$598Bank premises and fixed assets
$83Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$572All other assets
$33,982Total liabilities and capital
$30,471Total liabilities
$30,382Total deposits
$24,780Interest-bearing deposits
$30,382Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$89All other liabilities
$3,511Total equity capital
$3,511Total bank equity capital
$3,511Perpetual preferred stock
$0Common stock
$230Surplus
$470Undivided profits
Memoranda
$2,811Noncurrent loans and leases
$918Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$13Earning assets
$0Long-term assets (5+ years)
$317Average Assets, year-to-date
$31,939Average Assets, quarterly
$1,573Volatile liabilities
$34,161Insider loans
$34,187FHLB advances
$4,124Loans and leases held for sale
$13Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$420Total risk weighted assets
$918Total unused commitments
$0Restructured Loans and leases
$257Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$2,056Total interest income
$681Total interest expense
$1,375Net interest income
$0Provision for loan and lease losses
$598Total noninterest income
$0Fiduciary activities
$249Service charges on deposit accounts
$0Trading account gains & fees
$349Additional noninterest income
$1,626Total noninterest expense
$1,004Salaries and employee benefits
$167Premises and equipment expense
$455Additional noninterest expense
$347Pre-tax net operating income
$0Securities gains (losses)
$10Applicable income taxes
$337Income before extraordinary items
$0Extraordinary gains - net
$337Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$10Sale, conversion, retirement of capital stock, net
$112Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.43%Yield on earning assets
2.13%Cost of funding earning assets
4.30%Net interest margin
1.87%Noninterest income to earning assets
5.08%Noninterest expense to earning assets
0.99%Net operating income to assets
0.99%Return on assets (ROA)
1.02%Pretax return on assets
10.33%Return on equity (ROE)
6.90%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
34.70%Efficiency ratio
82,413Assets per employee
1.89%Cash dividends to net income (YTD only)
Condition Ratios (%)
33.23%Loss allowance to loans
1.37%Loss allowance to noncurrent loans
2092.31%Noncurrent assets plus other real estate owned to assets
0.28%Noncurrent loans to loans
0.07%Net loans and leases to deposits
64.40%Net loans and leases to core deposits
74.52%Equity capital to assets
10.33%Core capital (leverage) ratio
10.02%Tier 1 risk-based capital ratio
16.81%Total risk-based capital ratio
Memoranda
$18Average assets
$34,161Average earning assets
$3,262Average equity
$31,981Average loans
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