FDIC Certificate #: 29341 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:Great Western Bank (#15289) Federal Reserve ID: 75978 Date Established: January 01, 1907 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 3309 FDIC's unique #: 42175 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: June 28, 1935 Last Structure Change Effective Date: June 04, 2010 Last Structure Change Process Date: June 08, 2010 Last Data Update: June 08, 2010 Data Source Date: April 05, 2012
Location
Address: 13th And N Street, Lincoln, NE 68508 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: $2,824.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 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, 2009)
Dollar figures in thousands
772Total employees (full-time equivalent)
$2,879,027Total assets
$433,811Cash and due from depository institutions
$381,034Interest-bearing balances
$70,460Securities
$0Federal funds sold & reverse repurchase agreements
$2,134,572Net loans & leases
$79,479Loan loss allowance
$0Trading account assets
$32,497Bank premises and fixed assets
$90,035Other real estate owned
$21,671Goodwill and other intangibles
$4,980Life insurance assets
$95,981All other assets
$2,879,027Total liabilities and capital
$2,779,862Total liabilities
$2,218,455Total deposits
$2,019,146Interest-bearing deposits
$2,218,455Deposits held in domestic offices
90.36%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$533,356Other borrowed funds
$0Subordinated debt
$28,051All other liabilities
$99,165Total equity capital
$99,165Total bank equity capital
$99,165Perpetual preferred stock
$0Common stock
$0Surplus
$274,733Undivided profits
Memoranda
$-175,568Noncurrent loans and leases
$533,157Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$381,530Earning assets
$87Long-term assets (5+ years)
$10,518Average Assets, year-to-date
$2,586,066Average Assets, quarterly
$0Volatile liabilities
$3,120,316Insider loans
$2,908,528FHLB advances
$809,683Loans and leases held for sale
$0Unused loan commitments
$528,309Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$533,157Total unused commitments
$94,184Restructured Loans and leases
$29,139Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$133,197Total interest income
$69,690Total interest expense
$63,507Net interest income
$211,384Provision for loan and lease losses
$30,835Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$30,835Additional noninterest income
$114,128Total noninterest expense
$40,836Salaries and employee benefits
$10,434Premises and equipment expense
$62,858Additional noninterest expense
-$231,170Pre-tax net operating income
$4,518Securities gains (losses)
-$26,298Applicable income taxes
-$200,354Income before extraordinary items
$0Extraordinary gains - net
-$200,354Net income attributable to bank
$0Net charge-offs
-$200,354Cash dividends
$195,125Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.67%Yield on earning assets
2.44%Cost of funding earning assets
2.23%Net interest margin
1.08%Noninterest income to earning assets
4.00%Noninterest expense to earning assets
-6.55%Net operating income to assets
-6.42%Return on assets (ROA)
-7.26%Pretax return on assets
-94.12%Return on equity (ROE)
-94.12%Retained earnings to average equity (YTD only)
7.68%Net charge-offs to loans
108.33%Credit loss provision to net charge-offs
-0.10%Efficiency ratio
119,659Assets per employee
3.73%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.59%Loss allowance to noncurrent loans
20.83%Noncurrent assets plus other real estate owned to assets
16.37%Noncurrent loans to loans
17.23%Net loans and leases to deposits
96.22%Net loans and leases to core deposits
109.91%Equity capital to assets
3.44%Core capital (leverage) ratio
3.28%Tier 1 risk-based capital ratio
4.13%Total risk-based capital ratio
Memoranda
$5Average assets
$3,120,316Average earning assets
$212,881Average equity
$2,851,184Average loans
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