FDIC Certificate #: 14183 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Farmers and Merchants Bank (#16810) Federal Reserve ID: 536152 Date Established: January 01, 1929 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) FDIC's unique #: 8855 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: March 28, 1934 Last Structure Change Effective Date: January 08, 1998 Last Structure Change Process Date: Febuary 09, 1998 Last Data Update: Febuary 09, 1998 Data Source Date: April 05, 2012
Location
Address: 355 North Central, Superior, NE 68978 County: Nuckolls 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: $37.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
12Total employees (full-time equivalent)
$37,931Total assets
$1,443Cash and due from depository institutions
$0Interest-bearing balances
$9,194Securities
$6,800Federal funds sold & reverse repurchase agreements
$19,653Net loans & leases
$300Loan loss allowance
$0Trading account assets
$162Bank premises and fixed assets
$0Other real estate owned
$33Goodwill and other intangibles
$0Life insurance assets
$646All other assets
$37,931Total liabilities and capital
$34,185Total liabilities
$33,946Total deposits
$30,472Interest-bearing deposits
$33,946Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$104Other borrowed funds
$0Subordinated debt
$135All other liabilities
$3,746Total equity capital
$3,746Total bank equity capital
$3,746Perpetual preferred stock
$0Common stock
$500Surplus
$500Undivided profits
Memoranda
$2,746Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$398Earning assets
$0Long-term assets (5+ years)
$387Average Assets, year-to-date
$35,647Average Assets, quarterly
$1,210Volatile liabilities
$39,314Insider loans
$38,209FHLB advances
$1,236Loans and leases held for sale
$8Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,048Total unused commitments
$0Restructured Loans and leases
$24,569Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$2,966Total interest income
$1,318Total interest expense
$1,648Net interest income
$77Provision for loan and lease losses
$399Total noninterest income
$0Fiduciary activities
$94Service charges on deposit accounts
$0Trading account gains & fees
$305Additional noninterest income
$1,229Total noninterest expense
$571Salaries and employee benefits
$177Premises and equipment expense
$481Additional noninterest expense
$741Pre-tax net operating income
-$16Securities gains (losses)
$257Applicable income taxes
$468Income before extraordinary items
$0Extraordinary gains - net
$468Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$19Sale, conversion, retirement of capital stock, net
$489Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.02%Yield on earning assets
3.57%Cost of funding earning assets
4.46%Net interest margin
1.08%Noninterest income to earning assets
3.33%Noninterest expense to earning assets
1.22%Net operating income to assets
1.19%Return on assets (ROA)
1.84%Pretax return on assets
12.29%Return on equity (ROE)
-0.55%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
405.26%Credit loss provision to net charge-offs
43.05%Efficiency ratio
59,209Assets per employee
3.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
104.49%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
75.38%Noncurrent assets plus other real estate owned to assets
1.05%Noncurrent loans to loans
1.99%Net loans and leases to deposits
57.89%Net loans and leases to core deposits
59.89%Equity capital to assets
9.88%Core capital (leverage) ratio
9.53%Tier 1 risk-based capital ratio
15.09%Total risk-based capital ratio
Memoranda
$16Average assets
$39,314Average earning assets
$3,807Average equity
$36,961Average loans
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