FDIC Certificate #: 5390 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Pinnacle Bank (#10634) Federal Reserve ID: 238157 Date Established: January 01, 1886 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 #: 3638 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: January 01, 1934 Last Structure Change Effective Date: November 13, 1999 Last Structure Change Process Date: December 08, 1999 Last Data Update: December 08, 1999 Data Source Date: April 05, 2012
Location
Address: 320 G Street, Central City, NE 68826 County: Merrick 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 Core Based Statistical Area (CBSA): Grand Island, NE (#24260) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $32.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
11Total employees (full-time equivalent)
$36,843Total assets
$1,516Cash and due from depository institutions
$290Interest-bearing balances
$10,860Securities
$550Federal funds sold & reverse repurchase agreements
$23,253Net loans & leases
$375Loan loss allowance
$0Trading account assets
$96Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$568All other assets
$36,843Total liabilities and capital
$29,922Total liabilities
$29,553Total deposits
$25,491Interest-bearing deposits
$29,553Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$369All other liabilities
$6,921Total equity capital
$6,921Total bank equity capital
$6,921Perpetual preferred stock
$0Common stock
$100Surplus
$125Undivided profits
Memoranda
$6,696Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$328Earning assets
$120Long-term assets (5+ years)
$412Average Assets, year-to-date
$34,953Average Assets, quarterly
$6,704Volatile liabilities
$37,514Insider loans
$36,804FHLB advances
$1,794Loans and leases held for sale
$2,410Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,769Total unused commitments
$0Restructured Loans and leases
$25,755Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$2,852Total interest income
$1,236Total interest expense
$1,616Net interest income
$67Provision for loan and lease losses
$141Total noninterest income
$0Fiduciary activities
$112Service charges on deposit accounts
$0Trading account gains & fees
$29Additional noninterest income
$795Total noninterest expense
$376Salaries and employee benefits
$59Premises and equipment expense
$360Additional noninterest expense
$895Pre-tax net operating income
$0Securities gains (losses)
$297Applicable income taxes
$598Income before extraordinary items
$0Extraordinary gains - net
$598Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$6Sale, conversion, retirement of capital stock, net
$25Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.97%Yield on earning assets
3.45%Cost of funding earning assets
4.51%Net interest margin
0.39%Noninterest income to earning assets
2.22%Noninterest expense to earning assets
1.59%Net operating income to assets
1.59%Return on assets (ROA)
2.39%Pretax return on assets
9.01%Return on equity (ROE)
8.64%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
1116.67%Credit loss provision to net charge-offs
160.33%Efficiency ratio
45,248Assets per employee
3.35%Cash dividends to net income (YTD only)
Condition Ratios (%)
4.18%Loss allowance to loans
1.59%Loss allowance to noncurrent loans
114.33%Noncurrent assets plus other real estate owned to assets
0.89%Noncurrent loans to loans
1.39%Net loans and leases to deposits
78.68%Net loans and leases to core deposits
83.77%Equity capital to assets
18.79%Core capital (leverage) ratio
18.02%Tier 1 risk-based capital ratio
26.44%Total risk-based capital ratio
Memoranda
$28Average assets
$37,514Average earning assets
$6,634Average equity
$35,799Average loans
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