FDIC Certificate #: 5468 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Security First Bank (#5415) Federal Reserve ID: 677653 Date Established: September 01, 1898 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 5 (Interstate: No) OTS Docket #: 13232 FDIC's unique #: 3702 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: October 01, 1999 Last Structure Change Process Date: November 03, 1999 Last Data Update: November 03, 1999 Data Source Date: April 05, 2012
Location
Address: 102 East Second Street, Rushville, NE 69360 County: Sheridan 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: $117.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
55Total employees (full-time equivalent)
$114,593Total assets
$4,288Cash and due from depository institutions
$0Interest-bearing balances
$27,197Securities
$1,100Federal funds sold & reverse repurchase agreements
$74,466Net loans & leases
$1,405Loan loss allowance
$0Trading account assets
$4,257Bank premises and fixed assets
$26Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,259All other assets
$114,593Total liabilities and capital
$103,012Total liabilities
$87,776Total deposits
$76,859Interest-bearing deposits
$87,776Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$14,000Other borrowed funds
$0Subordinated debt
$1,236All other liabilities
$11,581Total equity capital
$11,581Total bank equity capital
$11,581Perpetual preferred stock
$0Common stock
$400Surplus
$3,185Undivided profits
Memoranda
$7,996Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$5,706Earning assets
$94Long-term assets (5+ years)
$2,195Average Assets, year-to-date
$102,763Average Assets, quarterly
$16,013Volatile liabilities
$109,521Insider loans
$112,176FHLB advances
$26,093Loans and leases held for sale
$1,096Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$21,251Total unused commitments
$0Restructured Loans and leases
$95,601Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$9,307Total interest income
$4,199Total interest expense
$5,108Net interest income
$765Provision for loan and lease losses
$1,323Total noninterest income
$0Fiduciary activities
$640Service charges on deposit accounts
$0Trading account gains & fees
$683Additional noninterest income
$3,589Total noninterest expense
$1,875Salaries and employee benefits
$464Premises and equipment expense
$1,250Additional noninterest expense
$2,077Pre-tax net operating income
$54Securities gains (losses)
$604Applicable income taxes
$1,527Income before extraordinary items
$0Extraordinary gains - net
$1,527Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$401Sale, conversion, retirement of capital stock, net
$1,050Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.51%Yield on earning assets
4.29%Cost of funding earning assets
5.22%Net interest margin
1.35%Noninterest income to earning assets
3.67%Noninterest expense to earning assets
1.36%Net operating income to assets
1.39%Return on assets (ROA)
1.95%Pretax return on assets
13.42%Return on equity (ROE)
4.19%Retained earnings to average equity (YTD only)
0.53%Net charge-offs to loans
190.77%Credit loss provision to net charge-offs
7.09%Efficiency ratio
55,808Assets per employee
2.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
68.76%Loss allowance to loans
1.85%Loss allowance to noncurrent loans
24.62%Noncurrent assets plus other real estate owned to assets
5.00%Noncurrent loans to loans
7.52%Net loans and leases to deposits
84.84%Net loans and leases to core deposits
98.39%Equity capital to assets
10.11%Core capital (leverage) ratio
10.27%Tier 1 risk-based capital ratio
12.02%Total risk-based capital ratio
Memoranda
$13Average assets
$109,521Average earning assets
$11,375Average equity
$97,845Average loans
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