FDIC Certificate #: 483 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Plains Commerce Bank (#1678) Federal Reserve ID: 402051 Date Established: January 01, 1926 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 350 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: January 01, 1934 Last Structure Change Effective Date: January 02, 2001 Last Structure Change Process Date: January 26, 2001 Last Data Update: January 26, 2001 Data Source Date: April 05, 2012
Location
Address: 524 South Dakota Street, Aberdeen, SD 57401 County: Brown Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Sioux Falls Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Aberdeen, SD (#10100) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $53.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
21Total employees (full-time equivalent)
$53,370Total assets
$1,589Cash and due from depository institutions
$486Interest-bearing balances
$5,475Securities
$4,870Federal funds sold & reverse repurchase agreements
$38,000Net loans & leases
$366Loan loss allowance
$0Trading account assets
$2,178Bank premises and fixed assets
$253Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,005All other assets
$53,370Total liabilities and capital
$49,137Total liabilities
$48,358Total deposits
$43,595Interest-bearing deposits
$48,358Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$779All other liabilities
$4,233Total equity capital
$4,233Total bank equity capital
$4,233Perpetual preferred stock
$0Common stock
$200Surplus
$3,300Undivided profits
Memoranda
$733Noncurrent loans and leases
$4,968Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$884Average Assets, year-to-date
$48,831Average Assets, quarterly
$1,482Volatile liabilities
$50,737Insider loans
$52,695FHLB advances
$3,054Loans and leases held for sale
$340Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,968Total unused commitments
$0Restructured Loans and leases
$366Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$4,180Total interest income
$2,221Total interest expense
$1,959Net interest income
$30Provision for loan and lease losses
$329Total noninterest income
$0Fiduciary activities
$181Service charges on deposit accounts
$0Trading account gains & fees
$148Additional noninterest income
$1,439Total noninterest expense
$961Salaries and employee benefits
$222Premises and equipment expense
$256Additional noninterest expense
$819Pre-tax net operating income
$0Securities gains (losses)
$37Applicable income taxes
$782Income before extraordinary items
$0Extraordinary gains - net
$782Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$13Sale, conversion, retirement of capital stock, net
$414Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.08%Yield on earning assets
4.82%Cost of funding earning assets
4.25%Net interest margin
0.71%Noninterest income to earning assets
3.13%Noninterest expense to earning assets
1.54%Net operating income to assets
1.54%Return on assets (ROA)
1.61%Pretax return on assets
19.41%Return on equity (ROE)
9.14%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
230.77%Credit loss provision to net charge-offs
65.31%Efficiency ratio
62,893Assets per employee
2.54%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.94%Loss allowance to loans
0.95%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.47%Noncurrent loans to loans
0.00%Net loans and leases to deposits
78.58%Net loans and leases to core deposits
83.88%Equity capital to assets
7.93%Core capital (leverage) ratio
7.98%Tier 1 risk-based capital ratio
10.10%Total risk-based capital ratio
Memoranda
$11Average assets
$50,737Average earning assets
$4,028Average equity
$46,048Average loans
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