FDIC Certificate #: 12249 Status: Active Federal Reserve ID: 381754 Date Established: December 10, 1922 Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 7788 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 101 N Thayer St, Spencer, NE 68777 County: Boyd 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
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $16.9 mil Equity capital: $2.0 mil Deposits held in domestic offices: $14.8 mil Return on assets (ROA): 0.16% ($0.0 mil) Quarterly return on assets: -0.15% (-$0.0 mil) Return on Equity (ROE): 1.32% ($0.0 mil) Quarterly return on equity: -1.17% (-$0.0 mil) Net income: $0.0 mil Quarterly Net income: -$0.0 mil Pretax return on assets: 0.23% ($38.8 mil) Quarterly Pretax return on assets: -0.07% (-$11.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
5Total employees (full-time equivalent)
$16,868Total assets
$5,588Cash and due from depository institutions
$4,562Interest-bearing balances
$4,164Securities
$0Federal funds sold & reverse repurchase agreements
$6,645Net loans & leases
$273Loan loss allowance
$0Trading account assets
$59Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$16,868Life insurance assets
$412All other assets
$14,840Total liabilities and capital
$14,802Total liabilities
$10,789Total deposits
$14,802Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$38Subordinated debt
$2,028All other liabilities
$2,028Total equity capital
$2,028Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$650Surplus
$1,328Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$258Income earned, not collected on loans
$0Earning assets
$212Long-term assets (5+ years)
$15,371Average Assets, year-to-date
$4,567Average Assets, quarterly
$16,521Volatile liabilities
$16,511Insider loans
$9,777FHLB advances
$17,080Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,011Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,835Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$659Total interest income
$88Total interest expense
$571Net interest income
$0Provision for loan and lease losses
$69Total noninterest income
$0Fiduciary activities
$63Service charges on deposit accounts
$0Trading account gains & fees
$6Additional noninterest income
$602Total noninterest expense
$408Salaries and employee benefits
$25Premises and equipment expense
$169Additional noninterest expense
$38Pre-tax net operating income
$0Securities gains (losses)
$11Applicable income taxes
$27Income before extraordinary items
$0Extraordinary gains - net
$27Net income attributable to bank
$0Net charge-offs
$27Cash dividends
$36Sale, conversion, retirement of capital stock, net
$20Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.38%Yield on earning assets
0.58%Cost of funding earning assets
3.79%Net interest margin
0.46%Noninterest income to earning assets
4.00%Noninterest expense to earning assets
0.16%Net operating income to assets
0.16%Return on assets (ROA)
0.23%Pretax return on assets
1.32%Return on equity (ROE)
0.34%Retained earnings to average equity (YTD only)
0.54%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
1.06%Efficiency ratio
94,063Assets per employee
3.37%Cash dividends to net income (YTD only)
Condition Ratios (%)
74.07%Loss allowance to loans
3.95%Loss allowance to noncurrent loans
105.81%Noncurrent assets plus other real estate owned to assets
1.53%Noncurrent loans to loans
3.73%Net loans and leases to deposits
44.89%Net loans and leases to core deposits
45.19%Equity capital to assets
12.02%Core capital (leverage) ratio
11.77%Tier 1 risk-based capital ratio
20.57%Total risk-based capital ratio
Memoranda
$22Average assets
$16,521Average earning assets
$2,046Average equity
$15,049Average loans
List of branches
1 Nebraska Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
7788
Spencer State Bank
101 N Thayer St, Spencer, NE 68777
December 10, 1922
Full Service Brick and Mortar
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