FDIC Certificate #: 16128 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Security National Bank (#5424) Federal Reserve ID: 727558 Date Established: November 19, 1938 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 10343 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: March 17, 1944 Last Structure Change Effective Date: November 02, 1998 Last Structure Change Process Date: January 27, 1999 Last Data Update: January 27, 1999 Data Source Date: April 05, 2012
Location
Address: Main Street, Osmond, NE 68765 County: Pierce Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Sioux City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Norfolk, NE (#35740) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $33.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
10Total employees (full-time equivalent)
$30,886Total assets
$1,197Cash and due from depository institutions
$0Interest-bearing balances
$5,301Securities
$2,245Federal funds sold & reverse repurchase agreements
$21,227Net loans & leases
$270Loan loss allowance
$0Trading account assets
$149Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$767All other assets
$30,886Total liabilities and capital
$27,824Total liabilities
$27,563Total deposits
$24,538Interest-bearing deposits
$27,563Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$65Other borrowed funds
$0Subordinated debt
$196All other liabilities
$3,062Total equity capital
$3,062Total bank equity capital
$3,062Perpetual preferred stock
$0Common stock
$100Surplus
$1,900Undivided profits
Memoranda
$1,062Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$40Earning assets
$0Long-term assets (5+ years)
$667Average Assets, year-to-date
$28,773Average Assets, quarterly
$1,732Volatile liabilities
$28,041Insider loans
$30,048FHLB advances
$3,860Loans and leases held for sale
$36Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,318Total unused commitments
$0Restructured Loans and leases
$23,349Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$2,242Total interest income
$1,138Total interest expense
$1,104Net interest income
$41Provision for loan and lease losses
$150Total noninterest income
$0Fiduciary activities
$99Service charges on deposit accounts
$0Trading account gains & fees
$51Additional noninterest income
$708Total noninterest expense
$404Salaries and employee benefits
$69Premises and equipment expense
$235Additional noninterest expense
$505Pre-tax net operating income
$0Securities gains (losses)
$106Applicable income taxes
$399Income before extraordinary items
$0Extraordinary gains - net
$399Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$40Sale, conversion, retirement of capital stock, net
$203Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.55%Yield on earning assets
4.34%Cost of funding earning assets
4.21%Net interest margin
0.57%Noninterest income to earning assets
2.70%Noninterest expense to earning assets
1.42%Net operating income to assets
1.42%Return on assets (ROA)
1.80%Pretax return on assets
13.83%Return on equity (ROE)
6.79%Retained earnings to average equity (YTD only)
0.20%Net charge-offs to loans
102.50%Credit loss provision to net charge-offs
13.65%Efficiency ratio
56,459Assets per employee
3.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
50.88%Loss allowance to loans
1.26%Loss allowance to noncurrent loans
675.00%Noncurrent assets plus other real estate owned to assets
0.13%Noncurrent loans to loans
0.19%Net loans and leases to deposits
77.01%Net loans and leases to core deposits
89.31%Equity capital to assets
9.91%Core capital (leverage) ratio
10.17%Tier 1 risk-based capital ratio
13.08%Total risk-based capital ratio
Memoranda
$14Average assets
$28,041Average earning assets
$2,885Average equity
$26,236Average loans
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