FDIC Certificate #: 16379 Status: Active Federal Reserve ID: 565152 Bank Holding Company (Regulatory Top Holder): Springfield Bank Company, Inc. (RSSDID: 1062096, Location: Springfield, NE) Date Established: Febuary 23, 1946 WWW:http://www.springfieldstatebank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 15873 FDIC's unique #: 10559 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: Febuary 23, 1946 Last Structure Change Effective Date: May 12, 2011 Last Structure Change Process Date: May 18, 2011 Last Data Update: May 18, 2011 Data Source Date: April 05, 2012
Location
Address: 600 Main Street, Springfield, NE 68059 County: Sarpy Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Omaha Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Omaha, NE-IA (#5920) Combined Statistical Area (CSA): Omaha-Council Bluffs-Fremont, NE-IA (#420) Core Based Statistical Area (CBSA): Omaha-Council Bluffs, NE-IA (#36540) CBSA Metro Statistical Area: Omaha-Council Bluffs, NE-IA (#36540)
Financial Summary
Total assets: $38.6 mil Equity capital: $3.5 mil Deposits held in domestic offices: $35.1 mil Return on assets (ROA): 1.19% ($0.5 mil) Quarterly return on assets: 1.33% ($0.5 mil) Return on Equity (ROE): 14.36% ($0.4 mil) Quarterly return on equity: 15.48% ($0.5 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.19% ($459.8 mil) Quarterly Pretax return on assets: 1.33% ($513.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$38,637Total assets
$3,781Cash and due from depository institutions
$1,960Interest-bearing balances
$12,120Securities
$0Federal funds sold & reverse repurchase agreements
$22,346Net loans & leases
$245Loan loss allowance
$0Trading account assets
$62Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$38,636Life insurance assets
$328All other assets
$35,148Total liabilities and capital
$35,119Total liabilities
$26,624Total deposits
$35,119Interest-bearing deposits
$87Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$29Subordinated debt
$3,488All other liabilities
$3,488Total equity capital
$3,488Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$2,100Surplus
$1,088Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$13Income earned, not collected on loans
$0Earning assets
$203Long-term assets (5+ years)
$36,426Average Assets, year-to-date
$7,408Average Assets, quarterly
$39,212Volatile liabilities
$40,058Insider loans
$23,438FHLB advances
$39,281Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,319Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,286Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,528Total interest income
$174Total interest expense
$1,354Net interest income
$48Provision for loan and lease losses
$148Total noninterest income
$0Fiduciary activities
$77Service charges on deposit accounts
$0Trading account gains & fees
$71Additional noninterest income
$976Total noninterest expense
$546Salaries and employee benefits
$90Premises and equipment expense
$340Additional noninterest expense
$478Pre-tax net operating income
-$11Securities gains (losses)
$0Applicable income taxes
$467Income before extraordinary items
$0Extraordinary gains - net
$467Net income attributable to bank
$0Net charge-offs
$467Cash dividends
$0Sale, conversion, retirement of capital stock, net
$285Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.19%Yield on earning assets
0.48%Cost of funding earning assets
3.72%Net interest margin
0.41%Noninterest income to earning assets
2.68%Noninterest expense to earning assets
1.22%Net operating income to assets
1.19%Return on assets (ROA)
1.19%Pretax return on assets
14.36%Return on equity (ROE)
5.60%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
64,980Assets per employee
4.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.03%Loss allowance to loans
1.08%Loss allowance to noncurrent loans
1884.62%Noncurrent assets plus other real estate owned to assets
0.03%Noncurrent loans to loans
0.06%Net loans and leases to deposits
63.63%Net loans and leases to core deposits
63.63%Equity capital to assets
9.03%Core capital (leverage) ratio
8.45%Tier 1 risk-based capital ratio
14.16%Total risk-based capital ratio
Memoranda
$15Average assets
$39,212Average earning assets
$3,252Average equity
$36,435Average loans
List of branches
1 Nebraska Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
10559
Springfield State Bank
600 Main Street, Springfield, NE 68059
Febuary 23, 1946
Full Service Brick and Mortar
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