The Culbertson Bank in Culbertson, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Culbertson Bank - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    011561The Culbertson Bank318 Taylor St, Culbertson, NE 69024September 01, 1886Full Service Brick and Mortar

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