FDIC Certificate #: 16881 Status: Active Federal Reserve ID: 479053 Bank Holding Company (Regulatory Top Holder): Chester Insurance Agency, Inc. (RSSDID: 1055931, Location: Chester, NE) Date Established: January 03, 1950 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 #: 10973 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: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: Febuary 03, 1950 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: 523 Thayer Avenue, Chester, NE 68327 County: Thayer 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $23.6 mil Equity capital: $2.5 mil Deposits held in domestic offices: $21.0 mil Return on assets (ROA): 1.31% ($0.3 mil) Quarterly return on assets: 0.13% ($0.0 mil) Return on Equity (ROE): 12.53% ($0.4 mil) Quarterly return on equity: 1.26% ($0.0 mil) Net income: $0.3 mil Quarterly Net income: $0.0 mil Pretax return on assets: 1.35% ($319.0 mil) Quarterly Pretax return on assets: 0.18% ($42.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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)
$23,627Total assets
$6,080Cash and due from depository institutions
$5,389Interest-bearing balances
$499Securities
$300Federal funds sold & reverse repurchase agreements
$15,952Net loans & leases
$162Loan loss allowance
$0Trading account assets
$47Bank premises and fixed assets
$77Other real estate owned
$0Goodwill and other intangibles
$23,627Life insurance assets
$672All other assets
$21,084Total liabilities and capital
$20,986Total liabilities
$18,363Total deposits
$20,986Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$98Subordinated debt
$2,543All other liabilities
$2,543Total equity capital
$2,543Total bank equity capital
$0Perpetual preferred stock
$163Common stock
$637Surplus
$1,743Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$325Long-term assets (5+ years)
$22,140Average Assets, year-to-date
$234Average Assets, quarterly
$23,839Volatile liabilities
$23,897Insider loans
$17,431FHLB advances
$24,675Loans and leases held for sale
$258Unused loan commitments
$258Tier 1 (core) risk-based capital
$2,543Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,472Restructured Loans and leases
$3Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,165Total interest income
$346Total interest expense
$819Net interest income
$0Provision for loan and lease losses
$72Total noninterest income
$0Fiduciary activities
$50Service charges on deposit accounts
$0Trading account gains & fees
$22Additional noninterest income
$568Total noninterest expense
$376Salaries and employee benefits
$85Premises and equipment expense
$107Additional noninterest expense
$323Pre-tax net operating income
$0Securities gains (losses)
$10Applicable income taxes
$313Income before extraordinary items
$0Extraordinary gains - net
$313Net income attributable to bank
$0Net charge-offs
$313Cash dividends
$7Sale, conversion, retirement of capital stock, net
$277Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.19%Yield on earning assets
1.54%Cost of funding earning assets
3.65%Net interest margin
0.32%Noninterest income to earning assets
2.53%Noninterest expense to earning assets
1.31%Net operating income to assets
1.31%Return on assets (ROA)
1.35%Pretax return on assets
12.53%Return on equity (ROE)
1.44%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
46.14%Efficiency ratio
63,749Assets per employee
4.73%Cash dividends to net income (YTD only)
Condition Ratios (%)
88.50%Loss allowance to loans
1.01%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.33%Noncurrent loans to loans
0.00%Net loans and leases to deposits
76.01%Net loans and leases to core deposits
77.49%Equity capital to assets
10.76%Core capital (leverage) ratio
10.31%Tier 1 risk-based capital ratio
14.59%Total risk-based capital ratio
Memoranda
$16Average assets
$23,839Average earning assets
$2,497Average equity
$22,438Average loans
List of branches
1 Nebraska Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
10973
State Bank Of Chester
523 Thayer Avenue, Chester, NE 68327
January 03, 1950
Full Service Brick and Mortar
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