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

This bank is inactive as of November 24, 1997

The First National Bank of Wilcox in Wilcox, Nebraska (NE)
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The First National Bank of Wilcox - Overview

General
FDIC Certificate #: 5493
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Iowa - Nebraska State Bank (#8354)
Federal Reserve ID: 543758
Date Established: August 05, 1905
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)
FDIC's unique #: 3724
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 24, 1997
Last Structure Change Process Date: December 29, 1997
Last Data Update: December 29, 1997
Data Source Date: April 05, 2012
Location
Address: Main Street, Wilcox, NE 68982
County: Kearney
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
Core Based Statistical Area (CBSA): Kearney, NE (#28260)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $10.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$5Total assets
$10,892Cash and due from depository institutions
$638Interest-bearing balances
$0Securities
$3,989Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$5,669Loan loss allowance
$69Trading account assets
$0Bank premises and fixed assets
$160Other real estate owned
$22Goodwill and other intangibles
$414Life insurance assets
$0All other assets
$0Total liabilities and capital
$10,892Total liabilities
$9,757Total deposits
$9,213Interest-bearing deposits
$8,171Deposits held in domestic offices
9213.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$500Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$44Total equity capital
$44Total bank equity capital
$1,135Perpetual preferred stock
$0Common stock
$25Surplus
$75Undivided profits
Memoranda
$1,035Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$21Income earned, not collected on loans
$187Earning assets
$9,658Long-term assets (5+ years)
$447Average Assets, year-to-date
$10,314Average Assets, quarterly
$10,398Volatile liabilities
$700Insider loans
$633FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,753Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,140Total risk weighted assets
$6,895Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$744Total interest expense
$359Net interest income
$385Provision for loan and lease losses
$0Total noninterest income
$43Fiduciary activities
$0Service charges on deposit accounts
$36Trading account gains & fees
$0Additional noninterest income
$7Total noninterest expense
$314Salaries and employee benefits
$197Premises and equipment expense
$15Additional noninterest expense
$102Pre-tax net operating income
$114Securities gains (losses)
$0Applicable income taxes
$29Income before extraordinary items
$85Extraordinary gains - net
$0Net income attributable to bank
$85Net charge-offs
$9Cash dividends
$52Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.90%Cost of funding earning assets
3.81%Net interest margin
4.09%Noninterest income to earning assets
0.46%Noninterest expense to earning assets
3.33%Net operating income to assets
0.82%Return on assets (ROA)
0.82%Pretax return on assets
1.11%Return on equity (ROE)
7.51%Retained earnings to average equity (YTD only)
2.92%Net charge-offs to loans
0.16%Credit loss provision to net charge-offs
0.00%Efficiency ratio
73,364Assets per employee
2.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.18%Loss allowance to loans
1.20%Loss allowance to noncurrent loans
328.57%Noncurrent assets plus other real estate owned to assets
0.39%Noncurrent loans to loans
0.37%Net loans and leases to deposits
61.53%Net loans and leases to core deposits
62.90%Equity capital to assets
10.42%Core capital (leverage) ratio
11.06%Tier 1 risk-based capital ratio
16.53%Total risk-based capital ratio
Memoranda
$18Average assets
$10,314Average earning assets
$1,132Average equity
$9,420Average loans

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