State Bank in Benkelman, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 08, 2006

State Bank in Benkelman, Nebraska (NE)
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State Bank - Overview

General
FDIC Certificate #: 8337
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Amfirst Bank, National Association (#5417)
Federal Reserve ID: 410056
Date Established: January 01, 1916
WWW: http://www.amfirstbank.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 5321
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: September 08, 2006
Last Structure Change Process Date: October 12, 2006
Last Data Update: October 12, 2006
Data Source Date: April 05, 2012
Location
Address: Main Street, Benkelman, NE 69021
County: Dundy
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: $36.8 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, 2005)

Dollar figures in thousands
9Total employees (full-time equivalent)
$38,692Total assets
$1,342Cash and due from depository institutions
$0Interest-bearing balances
$7,670Securities
$0Federal funds sold & reverse repurchase agreements
$27,385Net loans & leases
$418Loan loss allowance
$0Trading account assets
$277Bank premises and fixed assets
$0Other real estate owned
$190Goodwill and other intangibles
$0Life insurance assets
$1,828All other assets
$38,692Total liabilities and capital
$35,134Total liabilities
$30,193Total deposits
$24,819Interest-bearing deposits
$30,193Deposits held in domestic offices
0.00%% insured (estimated)
$595Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,255Other borrowed funds
$0Subordinated debt
$91All other liabilities
$3,558Total equity capital
$3,558Total bank equity capital
$3,558Perpetual preferred stock
$0Common stock
$150Surplus
$3,386Undivided profits
Memoranda
$22Noncurrent loans and leases
$16,331Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$865Earning assets
$621Long-term assets (5+ years)
$710Average Assets, year-to-date
$35,055Average Assets, quarterly
$3,999Volatile liabilities
$37,379Insider loans
$37,933FHLB advances
$7,288Loans and leases held for sale
$0Unused loan commitments
$4,255Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$16,331Total unused commitments
$176Restructured Loans and leases
$414Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$2,187Total interest income
$562Total interest expense
$1,625Net interest income
$60Provision for loan and lease losses
$224Total noninterest income
$0Fiduciary activities
$158Service charges on deposit accounts
$0Trading account gains & fees
$66Additional noninterest income
$862Total noninterest expense
$476Salaries and employee benefits
$60Premises and equipment expense
$326Additional noninterest expense
$927Pre-tax net operating income
$0Securities gains (losses)
-$5Applicable income taxes
$932Income before extraordinary items
$0Extraordinary gains - net
$932Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$97Sale, conversion, retirement of capital stock, net
$1,800Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.39%Yield on earning assets
1.64%Cost of funding earning assets
4.75%Net interest margin
0.65%Noninterest income to earning assets
2.52%Noninterest expense to earning assets
2.49%Net operating income to assets
2.49%Return on assets (ROA)
2.48%Pretax return on assets
22.86%Return on equity (ROE)
-21.29%Retained earnings to average equity (YTD only)
0.37%Net charge-offs to loans
61.86%Credit loss provision to net charge-offs
10.18%Efficiency ratio
46,620Assets per employee
4.30%Cash dividends to net income (YTD only)
Condition Ratios (%)
193.13%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
48.32%Noncurrent assets plus other real estate owned to assets
2.24%Noncurrent loans to loans
3.11%Net loans and leases to deposits
90.70%Net loans and leases to core deposits
99.17%Equity capital to assets
9.20%Core capital (leverage) ratio
9.33%Tier 1 risk-based capital ratio
10.55%Total risk-based capital ratio
Memoranda
$12Average assets
$37,379Average earning assets
$4,077Average equity
$34,221Average loans

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