FDIC Certificate #: 17589 Status: Active Federal Reserve ID: 1011852 Date Established: September 01, 1886 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 #: 11561 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: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: April 27, 1956 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: 318 Taylor St, Culbertson, NE 69024 County: Hitchcock 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
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $14.7 mil Equity capital: $2.2 mil Deposits held in domestic offices: $12.4 mil Return on assets (ROA): 0.22% ($0.0 mil) Quarterly return on assets: 0.30% ($0.0 mil) Return on Equity (ROE): 1.49% ($0.0 mil) Quarterly return on equity: 1.98% ($0.0 mil) Net income: $0.0 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.20% ($29.3 mil) Quarterly Pretax return on assets: 0.11% ($16.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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)
$14,674Total assets
$1,531Cash and due from depository institutions
$938Interest-bearing balances
$7,109Securities
$0Federal funds sold & reverse repurchase agreements
$5,716Net loans & leases
$168Loan loss allowance
$0Trading account assets
$75Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$14,674Life insurance assets
$243All other assets
$12,447Total liabilities and capital
$12,424Total liabilities
$9,976Total deposits
$12,424Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$23Subordinated debt
$2,227All other liabilities
$2,227Total equity capital
$2,227Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$1,300Surplus
$827Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$19Income earned, not collected on loans
$0Earning assets
$160Long-term assets (5+ years)
$13,763Average Assets, year-to-date
$2,136Average Assets, quarterly
$14,700Volatile liabilities
$14,680Insider loans
$7,699FHLB advances
$14,979Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,227Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$12Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$677Total interest income
$70Total interest expense
$607Net interest income
$0Provision for loan and lease losses
$45Total noninterest income
$0Fiduciary activities
$43Service charges on deposit accounts
$0Trading account gains & fees
$2Additional noninterest income
$622Total noninterest expense
$410Salaries and employee benefits
$33Premises and equipment expense
$179Additional noninterest expense
$30Pre-tax net operating income
$0Securities gains (losses)
-$3Applicable income taxes
$33Income before extraordinary items
$0Extraordinary gains - net
$33Net income attributable to bank
$0Net charge-offs
$33Cash dividends
$21Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.88%Yield on earning assets
0.50%Cost of funding earning assets
4.38%Net interest margin
0.32%Noninterest income to earning assets
4.48%Noninterest expense to earning assets
0.22%Net operating income to assets
0.22%Return on assets (ROA)
0.20%Pretax return on assets
1.49%Return on equity (ROE)
1.49%Retained earnings to average equity (YTD only)
0.35%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
1.43%Efficiency ratio
95,399Assets per employee
2.93%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.86%Loss allowance to noncurrent loans
884.21%Noncurrent assets plus other real estate owned to assets
0.13%Noncurrent loans to loans
0.32%Net loans and leases to deposits
46.01%Net loans and leases to core deposits
46.95%Equity capital to assets
15.18%Core capital (leverage) ratio
14.87%Tier 1 risk-based capital ratio
28.93%Total risk-based capital ratio
Memoranda
$30Average assets
$14,700Average earning assets
$2,211Average equity
$13,870Average loans
List of branches
1 Nebraska Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
11561
The Culbertson Bank
318 Taylor St, Culbertson, NE 69024
September 01, 1886
Full Service Brick and Mortar
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