FDIC Certificate #: 34471 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Valley Bank and Trust Co. (#34186) Federal Reserve ID: 2544339 Date Established: April 28, 1997 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 #: 57662 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: April 28, 1997 Last Structure Change Effective Date: January 04, 1999 Last Structure Change Process Date: Febuary 25, 1999 Last Data Update: Febuary 25, 1999 Data Source Date: April 05, 2012
Location
Address: 605 East 1st Street, Ogallala, NE 69153 County: Keith Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Grand Island Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
Financial Summary
Total assets: $20.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$20,058Total assets
$921Cash and due from depository institutions
$496Interest-bearing balances
$2,056Securities
$1,350Federal funds sold & reverse repurchase agreements
$14,996Net loans & leases
$239Loan loss allowance
$0Trading account assets
$353Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$382All other assets
$20,058Total liabilities and capital
$18,346Total liabilities
$18,218Total deposits
$17,410Interest-bearing deposits
$18,218Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$128All other liabilities
$1,712Total equity capital
$1,712Total bank equity capital
$1,712Perpetual preferred stock
$0Common stock
$400Surplus
$1,600Undivided profits
Memoranda
$-288Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$307Average Assets, year-to-date
$18,898Average Assets, quarterly
$1,776Volatile liabilities
$19,506Insider loans
$19,941FHLB advances
$3,924Loans and leases held for sale
$62Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,170Total unused commitments
$0Restructured Loans and leases
$15,352Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$1,508Total interest income
$1,000Total interest expense
$508Net interest income
$132Provision for loan and lease losses
$46Total noninterest income
$0Fiduciary activities
$37Service charges on deposit accounts
$0Trading account gains & fees
$9Additional noninterest income
$500Total noninterest expense
$268Salaries and employee benefits
$51Premises and equipment expense
$181Additional noninterest expense
-$78Pre-tax net operating income
$0Securities gains (losses)
$39Applicable income taxes
-$117Income before extraordinary items
$0Extraordinary gains - net
-$117Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$70Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.25%Yield on earning assets
5.47%Cost of funding earning assets
2.78%Net interest margin
0.25%Noninterest income to earning assets
2.74%Noninterest expense to earning assets
-0.60%Net operating income to assets
-0.60%Return on assets (ROA)
-0.40%Pretax return on assets
-6.59%Return on equity (ROE)
-6.59%Retained earnings to average equity (YTD only)
0.47%Net charge-offs to loans
188.57%Credit loss provision to net charge-offs
0.77%Efficiency ratio
90,253Assets per employee
2.87%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.57%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
82.31%Net loans and leases to core deposits
104.91%Equity capital to assets
8.54%Core capital (leverage) ratio
8.46%Tier 1 risk-based capital ratio
11.06%Total risk-based capital ratio
Memoranda
$12Average assets
$19,506Average earning assets
$1,776Average equity
$18,269Average loans
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