FDIC Certificate #: 5370 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First National Bank of Chadron (#16859) Federal Reserve ID: 966357 Date Established: January 01, 1883 WWW:http://www.ainsworth-fnb.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) OTS Docket #: 15901 FDIC's unique #: 3623 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: Febuary 07, 2007 Last Structure Change Process Date: Febuary 12, 2007 Last Data Update: Febuary 12, 2007 Data Source Date: April 05, 2012
Location
Address: 317 North Main Street, Ainsworth, NE 69210 County: Brown 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: $40.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
13Total employees (full-time equivalent)
$40,410Total assets
$2,383Cash and due from depository institutions
$495Interest-bearing balances
$2,386Securities
$1,048Federal funds sold & reverse repurchase agreements
$30,096Net loans & leases
$573Loan loss allowance
$0Trading account assets
$518Bank premises and fixed assets
$175Other real estate owned
$0Goodwill and other intangibles
$2,185Life insurance assets
$3,804All other assets
$40,410Total liabilities and capital
$35,550Total liabilities
$29,713Total deposits
$26,312Interest-bearing deposits
$29,713Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,818Other borrowed funds
$0Subordinated debt
$1,019All other liabilities
$4,860Total equity capital
$4,860Total bank equity capital
$4,860Perpetual preferred stock
$0Common stock
$100Surplus
$100Undivided profits
Memoranda
$4,660Noncurrent loans and leases
$6,383Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$57Earning assets
$0Long-term assets (5+ years)
$856Average Assets, year-to-date
$34,025Average Assets, quarterly
$5,927Volatile liabilities
$40,280Insider loans
$40,298FHLB advances
$3,724Loans and leases held for sale
$230Unused loan commitments
$4,818Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,383Total unused commitments
$0Restructured Loans and leases
$486Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$2,748Total interest income
$971Total interest expense
$1,777Net interest income
$3Provision for loan and lease losses
$434Total noninterest income
$0Fiduciary activities
$179Service charges on deposit accounts
$0Trading account gains & fees
$255Additional noninterest income
$1,408Total noninterest expense
$727Salaries and employee benefits
$81Premises and equipment expense
$600Additional noninterest expense
$800Pre-tax net operating income
$0Securities gains (losses)
$269Applicable income taxes
$531Income before extraordinary items
$0Extraordinary gains - net
$531Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$11Sale, conversion, retirement of capital stock, net
$370Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.01%Yield on earning assets
2.83%Cost of funding earning assets
5.18%Net interest margin
1.26%Noninterest income to earning assets
4.10%Noninterest expense to earning assets
1.32%Net operating income to assets
1.32%Return on assets (ROA)
1.99%Pretax return on assets
11.06%Return on equity (ROE)
3.35%Retained earnings to average equity (YTD only)
-0.04%Net charge-offs to loans
-27.27%Credit loss provision to net charge-offs
0.00%Efficiency ratio
63,682Assets per employee
3.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
69.68%Loss allowance to loans
1.87%Loss allowance to noncurrent loans
1005.26%Noncurrent assets plus other real estate owned to assets
0.57%Noncurrent loans to loans
0.19%Net loans and leases to deposits
101.29%Net loans and leases to core deposits
115.80%Equity capital to assets
12.03%Core capital (leverage) ratio
12.32%Tier 1 risk-based capital ratio
12.53%Total risk-based capital ratio
Memoranda
$14Average assets
$40,280Average earning assets
$4,802Average equity
$34,327Average loans
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