FDIC Certificate #: 11024 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Nebraska State Bank and Trust Company (#8322) Federal Reserve ID: 524252 Date Established: August 01, 1905 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 7065 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: January 31, 2008 Last Structure Change Process Date: Febuary 19, 2008 Last Data Update: Febuary 19, 2008 Data Source Date: April 05, 2012
Location
Address: 101 N. Grand Avenue, Oconto, NE 68860 County: Custer 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: $23.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
7Total employees (full-time equivalent)
$23,339Total assets
$842Cash and due from depository institutions
$100Interest-bearing balances
$3,419Securities
$1,475Federal funds sold & reverse repurchase agreements
$16,670Net loans & leases
$285Loan loss allowance
$0Trading account assets
$99Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$834All other assets
$23,339Total liabilities and capital
$20,291Total liabilities
$18,184Total deposits
$13,892Interest-bearing deposits
$18,184Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,772Other borrowed funds
$0Subordinated debt
$335All other liabilities
$3,048Total equity capital
$3,048Total bank equity capital
$3,048Perpetual preferred stock
$0Common stock
$75Surplus
$825Undivided profits
Memoranda
$2,148Noncurrent loans and leases
$6,269Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,005Earning assets
$820Long-term assets (5+ years)
$726Average Assets, year-to-date
$21,664Average Assets, quarterly
$1,164Volatile liabilities
$22,694Insider loans
$23,753FHLB advances
$3,609Loans and leases held for sale
$26Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,269Total unused commitments
$0Restructured Loans and leases
$251Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$1,660Total interest income
$753Total interest expense
$907Net interest income
$21Provision for loan and lease losses
$117Total noninterest income
$0Fiduciary activities
$97Service charges on deposit accounts
$0Trading account gains & fees
$20Additional noninterest income
$639Total noninterest expense
$410Salaries and employee benefits
$54Premises and equipment expense
$175Additional noninterest expense
$364Pre-tax net operating income
$6Securities gains (losses)
$103Applicable income taxes
$267Income before extraordinary items
$0Extraordinary gains - net
$267Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$64Sale, conversion, retirement of capital stock, net
$54Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.83%Yield on earning assets
3.55%Cost of funding earning assets
4.28%Net interest margin
0.55%Noninterest income to earning assets
3.01%Noninterest expense to earning assets
1.16%Net operating income to assets
1.18%Return on assets (ROA)
1.63%Pretax return on assets
9.14%Return on equity (ROE)
7.29%Retained earnings to average equity (YTD only)
-0.38%Net charge-offs to loans
-32.81%Credit loss provision to net charge-offs
0.00%Efficiency ratio
62,402Assets per employee
3.33%Cash dividends to net income (YTD only)
Condition Ratios (%)
20.22%Loss allowance to loans
1.68%Loss allowance to noncurrent loans
28.36%Noncurrent assets plus other real estate owned to assets
4.31%Noncurrent loans to loans
5.93%Net loans and leases to deposits
91.67%Net loans and leases to core deposits
114.37%Equity capital to assets
13.06%Core capital (leverage) ratio
12.98%Tier 1 risk-based capital ratio
15.15%Total risk-based capital ratio
Memoranda
$16Average assets
$22,694Average earning assets
$2,922Average equity
$21,205Average loans
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