The First National Bank of McCook in Mccook, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 12, 2000

The First National Bank of McCook in Mccook, Nebraska (NE)
Show street view No street view available for this location

The First National Bank of McCook - Overview

General
FDIC Certificate #: 5433
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank Nebraska, National Association (#5457)
Federal Reserve ID: 32252
Date Established: January 01, 1887
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 #: 13056
FDIC's unique #: 3676
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: August 12, 2000
Last Structure Change Process Date: September 07, 2000
Last Data Update: September 07, 2000
Data Source Date: April 05, 2012
Location
Address: West First And D Streets, Mccook, NE 69001
County: Red Willow
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: $99.9 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
39Total employees (full-time equivalent)
$97,585Total assets
$3,519Cash and due from depository institutions
$27Interest-bearing balances
$28,244Securities
$0Federal funds sold & reverse repurchase agreements
$60,783Net loans & leases
$1,083Loan loss allowance
$0Trading account assets
$2,494Bank premises and fixed assets
$0Other real estate owned
$449Goodwill and other intangibles
$0Life insurance assets
$2,096All other assets
$97,585Total liabilities and capital
$90,413Total liabilities
$76,009Total deposits
$69,627Interest-bearing deposits
$76,009Deposits held in domestic offices
0.00%% insured (estimated)
$2,795Federal funds purchased & repurchase agreements
$0Trading liabilities
$11,000Other borrowed funds
$0Subordinated debt
$609All other liabilities
$7,172Total equity capital
$7,172Total bank equity capital
$7,172Perpetual preferred stock
$0Common stock
$600Surplus
$6,535Undivided profits
Memoranda
$37Noncurrent loans and leases
$16,447Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$158Earning assets
$36Long-term assets (5+ years)
$1,155Average Assets, year-to-date
$89,054Average Assets, quarterly
$26,957Volatile liabilities
$94,757Insider loans
$96,513FHLB advances
$11,690Loans and leases held for sale
$2,011Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$16,447Total unused commitments
$774Restructured Loans and leases
$912Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$6,894Total interest income
$3,549Total interest expense
$3,345Net interest income
$66Provision for loan and lease losses
$576Total noninterest income
$0Fiduciary activities
$292Service charges on deposit accounts
$0Trading account gains & fees
$284Additional noninterest income
$2,704Total noninterest expense
$1,351Salaries and employee benefits
$402Premises and equipment expense
$951Additional noninterest expense
$1,151Pre-tax net operating income
$0Securities gains (losses)
$403Applicable income taxes
$748Income before extraordinary items
$0Extraordinary gains - net
$748Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$32Sale, conversion, retirement of capital stock, net
$600Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.93%Yield on earning assets
4.08%Cost of funding earning assets
3.85%Net interest margin
0.66%Noninterest income to earning assets
3.11%Noninterest expense to earning assets
0.79%Net operating income to assets
0.79%Return on assets (ROA)
1.21%Pretax return on assets
10.00%Return on equity (ROE)
1.98%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
206.25%Credit loss provision to net charge-offs
38.03%Efficiency ratio
67,049Assets per employee
2.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
80.21%Loss allowance to loans
1.75%Loss allowance to noncurrent loans
685.44%Noncurrent assets plus other real estate owned to assets
0.16%Noncurrent loans to loans
0.26%Net loans and leases to deposits
79.97%Net loans and leases to core deposits
90.57%Equity capital to assets
7.35%Core capital (leverage) ratio
7.78%Tier 1 risk-based capital ratio
10.23%Total risk-based capital ratio
Memoranda
$11Average assets
$94,757Average earning assets
$7,482Average equity
$86,987Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The First National Bank of McCook.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.