FDIC Certificate #: 13244 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:1ST BANK (#16522) Federal Reserve ID: 551454 Date Established: August 12, 1912 WWW:http://www.northsidestatebank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 8378 Numeric code: 21 Regulator: FDIC 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 01, 1934 Last Structure Change Effective Date: May 01, 2007 Last Structure Change Process Date: June 19, 2007 Last Data Update: June 19, 2007 Data Source Date: April 05, 2012
Location
Address: 601 North Front Street, Rock Springs, WY 82901 County: Sweetwater Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Rock Springs, WY (#40540) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $121.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
28Total employees (full-time equivalent)
$121,546Total assets
$10,752Cash and due from depository institutions
$3,798Interest-bearing balances
$65,345Securities
$3,600Federal funds sold & reverse repurchase agreements
$37,849Net loans & leases
$639Loan loss allowance
$0Trading account assets
$2,204Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,796All other assets
$121,546Total liabilities and capital
$102,774Total liabilities
$102,528Total deposits
$77,238Interest-bearing deposits
$102,528Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$246All other liabilities
$18,772Total equity capital
$18,772Total bank equity capital
$18,772Perpetual preferred stock
$0Common stock
$100Surplus
$7,000Undivided profits
Memoranda
$11,672Noncurrent loans and leases
$7,159Noncurrent 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)
$1,057Average Assets, year-to-date
$110,592Average Assets, quarterly
$27,136Volatile liabilities
$119,042Insider loans
$121,094FHLB advances
$9,006Loans and leases held for sale
$2,755Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,159Total unused commitments
$0Restructured Loans and leases
$610Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$5,425Total interest income
$1,541Total interest expense
$3,884Net interest income
$0Provision for loan and lease losses
$607Total noninterest income
$0Fiduciary activities
$233Service charges on deposit accounts
$0Trading account gains & fees
$374Additional noninterest income
$2,900Total noninterest expense
$1,795Salaries and employee benefits
$363Premises and equipment expense
$742Additional noninterest expense
$1,591Pre-tax net operating income
$0Securities gains (losses)
$535Applicable income taxes
$1,056Income before extraordinary items
$0Extraordinary gains - net
$1,056Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$4Sale, conversion, retirement of capital stock, net
$1,000Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.93%Yield on earning assets
1.40%Cost of funding earning assets
3.53%Net interest margin
0.55%Noninterest income to earning assets
2.64%Noninterest expense to earning assets
0.89%Net operating income to assets
0.89%Return on assets (ROA)
1.34%Pretax return on assets
5.65%Return on equity (ROE)
0.30%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
397.75%Efficiency ratio
64,574Assets per employee
4.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
94.70%Loss allowance to loans
1.66%Loss allowance to noncurrent loans
63900.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
36.92%Net loans and leases to core deposits
40.47%Equity capital to assets
15.44%Core capital (leverage) ratio
16.10%Tier 1 risk-based capital ratio
39.60%Total risk-based capital ratio
Memoranda
$41Average assets
$119,042Average earning assets
$18,698Average equity
$109,958Average loans
Total Fiduciary and Related Assets (December 31, 2006)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$7Managed Assets
1Number of Accounts
$7Personal trust and agency accounts
$7Employee 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
2Number 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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