FDIC Certificate #: 5371 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Madison County Bank (#31999) Federal Reserve ID: 395452 Date Established: January 01, 1879 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) OTS Docket #: 12383 FDIC's unique #: 3624 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: November 10, 2005 Last Structure Change Process Date: November 14, 2005 Last Data Update: November 14, 2005 Data Source Date: April 05, 2012
Location
Address: 103 South Fourth Street, Albion, NE 68620 County: Boone 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: $39.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
12Total employees (full-time equivalent)
$40,851Total assets
$1,642Cash and due from depository institutions
$18Interest-bearing balances
$10,737Securities
$4,785Federal funds sold & reverse repurchase agreements
$22,265Net loans & leases
$277Loan loss allowance
$0Trading account assets
$712Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$710All other assets
$40,851Total liabilities and capital
$36,086Total liabilities
$35,755Total deposits
$32,253Interest-bearing deposits
$35,755Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$89Other borrowed funds
$0Subordinated debt
$242All other liabilities
$4,765Total equity capital
$4,765Total bank equity capital
$4,765Perpetual preferred stock
$0Common stock
$50Surplus
$200Undivided profits
Memoranda
$4,515Noncurrent loans and leases
$7,831Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$61Earning assets
$0Long-term assets (5+ years)
$446Average Assets, year-to-date
$37,805Average Assets, quarterly
$3,336Volatile liabilities
$38,615Insider loans
$39,334FHLB advances
$1,931Loans and leases held for sale
$482Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,831Total unused commitments
$864Restructured Loans and leases
$277Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$1,767Total interest income
$478Total interest expense
$1,289Net interest income
$0Provision for loan and lease losses
$124Total noninterest income
$0Fiduciary activities
$67Service charges on deposit accounts
$0Trading account gains & fees
$57Additional noninterest income
$1,100Total noninterest expense
$599Salaries and employee benefits
$153Premises and equipment expense
$348Additional noninterest expense
$313Pre-tax net operating income
-$1Securities gains (losses)
$100Applicable income taxes
$212Income before extraordinary items
$0Extraordinary gains - net
$212Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1Sale, conversion, retirement of capital stock, net
$107Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.09%Yield on earning assets
1.38%Cost of funding earning assets
3.71%Net interest margin
0.36%Noninterest income to earning assets
3.17%Noninterest expense to earning assets
0.55%Net operating income to assets
0.55%Return on assets (ROA)
0.81%Pretax return on assets
4.44%Return on equity (ROE)
2.20%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
313.00%Efficiency ratio
77,849Assets per employee
3.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
50.47%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
454.10%Noncurrent assets plus other real estate owned to assets
0.15%Noncurrent loans to loans
0.27%Net loans and leases to deposits
62.27%Net loans and leases to core deposits
65.65%Equity capital to assets
11.66%Core capital (leverage) ratio
12.46%Tier 1 risk-based capital ratio
18.83%Total risk-based capital ratio
Memoranda
$20Average assets
$38,615Average earning assets
$4,770Average equity
$34,711Average loans
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