The Overland National Bank of Grand Island in Grand Island, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 12, 2000

The Overland National Bank of Grand Island in Grand Island, Nebraska (NE)
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The Overland National Bank of Grand Island - Overview

General
FDIC Certificate #: 13944
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank Nebraska, National Association (#5457)
Federal Reserve ID: 556954
Date Established: January 01, 1934
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 5 (Interstate: No)
OTS Docket #: 13614
FDIC's unique #: 8721
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: Febuary 21, 1934
Last Structure Change Effective Date: August 12, 2000
Last Structure Change Process Date: August 31, 2000
Last Data Update: August 31, 2000
Data Source Date: April 05, 2012
Location
Address: 304 West Third Street, Grand Island, NE 68801
County: Hall
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): Grand Island, NE (#24260)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $172.7 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, 1999)

Dollar figures in thousands
62Total employees (full-time equivalent)
$164,184Total assets
$9,942Cash and due from depository institutions
$0Interest-bearing balances
$58,785Securities
$0Federal funds sold & reverse repurchase agreements
$90,636Net loans & leases
$1,293Loan loss allowance
$0Trading account assets
$1,898Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,923All other assets
$164,184Total liabilities and capital
$154,547Total liabilities
$117,305Total deposits
$103,290Interest-bearing deposits
$117,305Deposits held in domestic offices
0.00%% insured (estimated)
$15,480Federal funds purchased & repurchase agreements
$0Trading liabilities
$20,800Other borrowed funds
$0Subordinated debt
$962All other liabilities
$9,637Total equity capital
$9,637Total bank equity capital
$9,637Perpetual preferred stock
$0Common stock
$900Surplus
$900Undivided profits
Memoranda
$7,837Noncurrent loans and leases
$14,980Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$413Earning assets
$33Long-term assets (5+ years)
$911Average Assets, year-to-date
$149,421Average Assets, quarterly
$56,578Volatile liabilities
$158,198Insider loans
$165,386FHLB advances
$60,840Loans and leases held for sale
$7,452Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$239Total risk weighted assets
$14,980Total unused commitments
$30Restructured Loans and leases
$1,293Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$11,207Total interest income
$6,058Total interest expense
$5,149Net interest income
$306Provision for loan and lease losses
$1,000Total noninterest income
$0Fiduciary activities
$414Service charges on deposit accounts
$0Trading account gains & fees
$586Additional noninterest income
$4,149Total noninterest expense
$2,156Salaries and employee benefits
$558Premises and equipment expense
$1,435Additional noninterest expense
$1,694Pre-tax net operating income
$30Securities gains (losses)
$622Applicable income taxes
$1,102Income before extraordinary items
$0Extraordinary gains - net
$1,102Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$370Sale, conversion, retirement of capital stock, net
$125Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.75%Yield on earning assets
4.19%Cost of funding earning assets
3.56%Net interest margin
0.69%Noninterest income to earning assets
2.87%Noninterest expense to earning assets
0.68%Net operating income to assets
0.70%Return on assets (ROA)
1.09%Pretax return on assets
11.20%Return on equity (ROE)
9.93%Retained earnings to average equity (YTD only)
0.43%Net charge-offs to loans
82.70%Credit loss provision to net charge-offs
5.41%Efficiency ratio
67,474Assets per employee
2.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
11.34%Loss allowance to loans
1.41%Loss allowance to noncurrent loans
313.08%Noncurrent assets plus other real estate owned to assets
0.25%Noncurrent loans to loans
0.45%Net loans and leases to deposits
77.27%Net loans and leases to core deposits
116.58%Equity capital to assets
5.87%Core capital (leverage) ratio
6.72%Tier 1 risk-based capital ratio
10.26%Total risk-based capital ratio
Memoranda
$11Average assets
$158,198Average earning assets
$9,836Average equity
$144,515Average loans

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