FDIC Certificate #: 2273 Status: Active Federal Reserve ID: 450669 Date Established: Febuary 23, 1907 WWW:http://www.fnbely.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 1507 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: Yes Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: January 01, 1934 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: 595 Aultman Street, Ely, NV 89301 County: White Pine Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Phoenix Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $82.5 mil Equity capital: $7.4 mil Deposits held in domestic offices: $75.0 mil Return on assets (ROA): 1.60% ($1.3 mil) Quarterly return on assets: -0.63% (-$0.5 mil) Return on Equity (ROE): 17.63% ($1.2 mil) Quarterly return on equity: -6.60% (-$0.5 mil) Net income: $1.3 mil Quarterly Net income: -$0.1 mil Pretax return on assets: 1.60% ($1,320.7 mil) Quarterly Pretax return on assets: -0.63% (-$520.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
11Total employees (full-time equivalent)
$82,546Total assets
$3,710Cash and due from depository institutions
$0Interest-bearing balances
$62,306Securities
$0Federal funds sold & reverse repurchase agreements
$15,117Net loans & leases
$1,000Loan loss allowance
$0Trading account assets
$164Bank premises and fixed assets
$690Other real estate owned
$0Goodwill and other intangibles
$82,546Life insurance assets
$559All other assets
$75,152Total liabilities and capital
$75,041Total liabilities
$58,650Total deposits
$75,041Interest-bearing deposits
$73Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$111Subordinated debt
$7,394All other liabilities
$7,394Total equity capital
$7,394Total bank equity capital
$0Perpetual preferred stock
$93Common stock
$217Surplus
$7,084Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,373Income earned, not collected on loans
$0Earning assets
$326Long-term assets (5+ years)
$77,423Average Assets, year-to-date
$51,026Average Assets, quarterly
$80,538Volatile liabilities
$82,552Insider loans
$33,554FHLB advances
$82,859Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,585Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,750Restructured Loans and leases
$891Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,472Total interest income
$406Total interest expense
$3,066Net interest income
$438Provision for loan and lease losses
$115Total noninterest income
$0Fiduciary activities
$53Service charges on deposit accounts
$0Trading account gains & fees
$62Additional noninterest income
$1,647Total noninterest expense
$796Salaries and employee benefits
$149Premises and equipment expense
$702Additional noninterest expense
$1,096Pre-tax net operating income
$192Securities gains (losses)
$0Applicable income taxes
$1,288Income before extraordinary items
$0Extraordinary gains - net
$1,288Net income attributable to bank
$0Net charge-offs
$1,288Cash dividends
$38Sale, conversion, retirement of capital stock, net
$558Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.56%Yield on earning assets
0.53%Cost of funding earning assets
4.03%Net interest margin
0.15%Noninterest income to earning assets
2.16%Noninterest expense to earning assets
1.36%Net operating income to assets
1.60%Return on assets (ROA)
1.60%Pretax return on assets
17.63%Return on equity (ROE)
9.99%Retained earnings to average equity (YTD only)
0.21%Net charge-offs to loans
1152.63%Credit loss provision to net charge-offs
40.37%Efficiency ratio
51,776Assets per employee
7.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
43.32%Loss allowance to loans
6.20%Loss allowance to noncurrent loans
72.83%Noncurrent assets plus other real estate owned to assets
2.50%Noncurrent loans to loans
8.52%Net loans and leases to deposits
20.14%Net loans and leases to core deposits
20.14%Equity capital to assets
8.96%Core capital (leverage) ratio
9.15%Tier 1 risk-based capital ratio
22.61%Total risk-based capital ratio
Memoranda
$24Average assets
$80,538Average earning assets
$7,305Average equity
$76,145Average loans
List of branches
1 Nevada Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
1507
The First National Bank Of Ely
595 Aultman Street, Ely, NV 89301
Febuary 23, 1907
Full Service Brick and Mortar
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