FDIC Certificate #: 17983 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Security First Bank (#5415) Federal Reserve ID: 113254 Date Established: March 11, 1959 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 12385 FDIC's unique #: 11914 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: March 14, 1959 Last Structure Change Effective Date: January 29, 1999 Last Structure Change Process Date: Febuary 26, 1999 Last Data Update: Febuary 26, 1999 Data Source Date: April 05, 2012
Location
Address: William Street, Martell, NE 68404 County: Lancaster Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Omaha Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Lincoln, NE (#4360) Core Based Statistical Area (CBSA): Lincoln, NE (#30700) CBSA Metro Statistical Area: Lincoln, NE (#30700)
Financial Summary
Total assets: $44.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
25Total employees (full-time equivalent)
$44,711Total assets
$4,377Cash and due from depository institutions
$592Interest-bearing balances
$6,486Securities
$4,500Federal funds sold & reverse repurchase agreements
$27,594Net loans & leases
$130Loan loss allowance
$0Trading account assets
$1,229Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$525All other assets
$44,711Total liabilities and capital
$38,412Total liabilities
$35,922Total deposits
$27,581Interest-bearing deposits
$35,922Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,200Other borrowed funds
$0Subordinated debt
$290All other liabilities
$6,299Total equity capital
$6,299Total bank equity capital
$6,299Perpetual preferred stock
$0Common stock
$200Surplus
$1,400Undivided profits
Memoranda
$4,699Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$130Earning assets
$0Long-term assets (5+ years)
$290Average Assets, year-to-date
$39,172Average Assets, quarterly
$2,565Volatile liabilities
$40,429Insider loans
$42,554FHLB advances
$2,062Loans and leases held for sale
$292Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,115Total unused commitments
$0Restructured Loans and leases
$27,833Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$3,354Total interest income
$1,189Total interest expense
$2,165Net interest income
$9Provision for loan and lease losses
$1,387Total noninterest income
$0Fiduciary activities
$562Service charges on deposit accounts
$0Trading account gains & fees
$825Additional noninterest income
$1,965Total noninterest expense
$746Salaries and employee benefits
$485Premises and equipment expense
$734Additional noninterest expense
$1,578Pre-tax net operating income
$2Securities gains (losses)
$480Applicable income taxes
$1,100Income before extraordinary items
$0Extraordinary gains - net
$1,100Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$8Sale, conversion, retirement of capital stock, net
$215Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.46%Yield on earning assets
3.35%Cost of funding earning assets
6.10%Net interest margin
3.91%Noninterest income to earning assets
5.54%Noninterest expense to earning assets
2.72%Net operating income to assets
2.72%Return on assets (ROA)
3.91%Pretax return on assets
18.83%Return on equity (ROE)
15.15%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
112.50%Credit loss provision to net charge-offs
198.38%Efficiency ratio
55,321Assets per employee
1.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
19.55%Loss allowance to loans
0.47%Loss allowance to noncurrent loans
100.00%Noncurrent assets plus other real estate owned to assets
0.29%Noncurrent loans to loans
0.47%Net loans and leases to deposits
76.82%Net loans and leases to core deposits
81.49%Equity capital to assets
14.09%Core capital (leverage) ratio
14.55%Tier 1 risk-based capital ratio
22.44%Total risk-based capital ratio
Memoranda
$23Average assets
$40,429Average earning assets
$5,842Average equity
$35,464Average loans
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