FDIC Certificate #: 16912 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:De Witt State Bank (#8339) Federal Reserve ID: 398752 Date Established: July 30, 1945 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 10997 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: June 05, 1950 Last Structure Change Effective Date: Febuary 16, 1999 Last Structure Change Process Date: March 01, 1999 Last Data Update: March 01, 1999 Data Source Date: April 05, 2012
Location
Address: Main Street, Western, NE 68464 County: Saline 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: West
Financial Summary
Total assets: $11.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
6Total employees (full-time equivalent)
$11,454Total assets
$296Cash and due from depository institutions
$99Interest-bearing balances
$3,842Securities
$1,080Federal funds sold & reverse repurchase agreements
$5,917Net loans & leases
$125Loan loss allowance
$0Trading account assets
$16Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$303All other assets
$11,454Total liabilities and capital
$9,291Total liabilities
$9,187Total deposits
$8,385Interest-bearing deposits
$9,187Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$104All other liabilities
$2,163Total equity capital
$2,163Total bank equity capital
$2,163Perpetual preferred stock
$0Common stock
$300Surplus
$700Undivided profits
Memoranda
$1,163Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1Earning assets
$0Long-term assets (5+ years)
$237Average Assets, year-to-date
$10,938Average Assets, quarterly
$779Volatile liabilities
$11,262Insider loans
$11,366FHLB advances
$523Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$6,802Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$860Total interest income
$411Total interest expense
$449Net interest income
$0Provision for loan and lease losses
$57Total noninterest income
$0Fiduciary activities
$50Service charges on deposit accounts
$0Trading account gains & fees
$7Additional noninterest income
$372Total noninterest expense
$275Salaries and employee benefits
$16Premises and equipment expense
$81Additional noninterest expense
$134Pre-tax net operating income
$0Securities gains (losses)
$20Applicable income taxes
$114Income before extraordinary items
$0Extraordinary gains - net
$114Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$3Sale, conversion, retirement of capital stock, net
$16Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.00%Yield on earning assets
3.82%Cost of funding earning assets
4.18%Net interest margin
0.53%Noninterest income to earning assets
3.46%Noninterest expense to earning assets
1.01%Net operating income to assets
1.01%Return on assets (ROA)
1.19%Pretax return on assets
5.33%Return on equity (ROE)
4.58%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
44.67%Efficiency ratio
73,518Assets per employee
1.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
14.04%Loss allowance to loans
2.07%Loss allowance to noncurrent loans
12500.00%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.02%Net loans and leases to deposits
64.41%Net loans and leases to core deposits
68.29%Equity capital to assets
18.88%Core capital (leverage) ratio
18.78%Tier 1 risk-based capital ratio
31.80%Total risk-based capital ratio
Memoranda
$33Average assets
$11,262Average earning assets
$2,138Average equity
$10,751Average loans
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