Stockgrowers State Bank, National Association in Worland, Wyoming (WY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 22, 2003

Stockgrowers State Bank, National Association in Worland, Wyoming (WY)
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Stockgrowers State Bank, National Association - Overview

General
FDIC Certificate #: 8726
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The American National Bank (#2211)
Federal Reserve ID: 565853
Date Established: May 02, 1910
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Interstate: No)
OTS Docket #: 14263
FDIC's unique #: 5557
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: January 01, 1934
Last Structure Change Effective Date: May 22, 2003
Last Structure Change Process Date: June 25, 2003
Last Data Update: June 25, 2003
Data Source Date: April 05, 2012
Location
Address: 700 Big Horn Avenue, Worland, WY 82401
County: Washakie
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: Dallas
FDIC Field Office: Billings
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $44.4 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, 2002)

Dollar figures in thousands
16Total employees (full-time equivalent)
$44,266Total assets
$1,047Cash and due from depository institutions
$1Interest-bearing balances
$20,747Securities
$0Federal funds sold & reverse repurchase agreements
$21,476Net loans & leases
$607Loan loss allowance
$0Trading account assets
$445Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$551All other assets
$44,266Total liabilities and capital
$40,405Total liabilities
$36,242Total deposits
$30,738Interest-bearing deposits
$36,242Deposits held in domestic offices
0.00%% insured (estimated)
$3,836Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$327All other liabilities
$3,861Total equity capital
$3,861Total bank equity capital
$3,861Perpetual preferred stock
$0Common stock
$200Surplus
$1,725Undivided profits
Memoranda
$1,936Noncurrent loans and leases
$3,638Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$600Earning assets
$10Long-term assets (5+ years)
$369Average Assets, year-to-date
$42,224Average Assets, quarterly
$3,871Volatile liabilities
$44,998Insider loans
$44,688FHLB advances
$5,605Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,638Total unused commitments
$0Restructured Loans and leases
$357Derivatives

Income and Expense (December 31, 2002)

Dollar figures in thousands
$2,589Total interest income
$569Total interest expense
$2,020Net interest income
$24Provision for loan and lease losses
$288Total noninterest income
$0Fiduciary activities
$186Service charges on deposit accounts
$0Trading account gains & fees
$102Additional noninterest income
$1,368Total noninterest expense
$665Salaries and employee benefits
$129Premises and equipment expense
$574Additional noninterest expense
$916Pre-tax net operating income
-$68Securities gains (losses)
$242Applicable income taxes
$606Income before extraordinary items
$0Extraordinary gains - net
$606Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$12Sale, conversion, retirement of capital stock, net
$850Net operating income

Performance and Condition Ratios (December 31, 2002)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.12%Yield on earning assets
1.35%Cost of funding earning assets
4.78%Net interest margin
0.68%Noninterest income to earning assets
3.24%Noninterest expense to earning assets
1.45%Net operating income to assets
1.35%Return on assets (ROA)
1.88%Pretax return on assets
16.43%Return on equity (ROE)
-6.61%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
200.00%Credit loss provision to net charge-offs
78.33%Efficiency ratio
59,272Assets per employee
2.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
140.26%Loss allowance to loans
2.75%Loss allowance to noncurrent loans
101.17%Noncurrent assets plus other real estate owned to assets
1.36%Noncurrent loans to loans
2.72%Net loans and leases to deposits
59.26%Net loans and leases to core deposits
62.30%Equity capital to assets
8.72%Core capital (leverage) ratio
7.77%Tier 1 risk-based capital ratio
12.58%Total risk-based capital ratio
Memoranda
$14Average assets
$44,998Average earning assets
$3,689Average equity
$42,279Average loans

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