Western Bank in Alliance, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 31, 1994

Western Bank in Alliance, Nebraska (NE)
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Western Bank - Overview

General
FDIC Certificate #: 24812
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Western Bank (#33488)
Federal Reserve ID: 971856
Date Established: January 25, 1979
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 17210
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: November 21, 1983
Last Structure Change Effective Date: January 31, 1994
Last Structure Change Process Date: Febuary 10, 1994
Last Data Update: Febuary 10, 1994
Data Source Date: April 05, 2012
Location
Address: 1204 West Third Street, Alliance, NE 69301
County: Box Butte
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
Financial Summary
Total assets: $25.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$10Total assets
$25,620Cash and due from depository institutions
$1,761Interest-bearing balances
$398Securities
$7,122Federal funds sold & reverse repurchase agreements
$450Net loans & leases
$15,743Loan loss allowance
$187Trading account assets
$0Bank premises and fixed assets
$202Other real estate owned
$0Goodwill and other intangibles
$342Life insurance assets
$0All other assets
$0Total liabilities and capital
$25,620Total liabilities
$23,718Total deposits
$23,581Interest-bearing deposits
$22,353Deposits held in domestic offices
23581.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$137Total equity capital
$137Total bank equity capital
$1,902Perpetual preferred stock
$0Common stock
$477Surplus
$523Undivided profits
Memoranda
$902Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$71Income earned, not collected on loans
$254Earning assets
$23,713Long-term assets (5+ years)
$3,014Average Assets, year-to-date
$25,431Average Assets, quarterly
$26,203Volatile liabilities
$2,977Insider loans
$438FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$5,303Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,902Total risk weighted assets
$16,011Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$1,786Total interest expense
$1,101Net interest income
$685Provision for loan and lease losses
$30Total noninterest income
$131Fiduciary activities
$0Service charges on deposit accounts
$43Trading account gains & fees
$0Additional noninterest income
$88Total noninterest expense
$571Salaries and employee benefits
$287Premises and equipment expense
$109Additional noninterest expense
$175Pre-tax net operating income
$215Securities gains (losses)
$0Applicable income taxes
$66Income before extraordinary items
$149Extraordinary gains - net
$0Net income attributable to bank
$149Net charge-offs
$30Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.60%Cost of funding earning assets
4.69%Net interest margin
2.92%Noninterest income to earning assets
0.56%Noninterest expense to earning assets
2.43%Net operating income to assets
0.59%Return on assets (ROA)
0.59%Pretax return on assets
0.85%Return on equity (ROE)
8.11%Retained earnings to average equity (YTD only)
8.11%Net charge-offs to loans
0.19%Credit loss provision to net charge-offs
100.00%Efficiency ratio
69,975Assets per employee
2.56%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.17%Loss allowance to noncurrent loans
263.38%Noncurrent assets plus other real estate owned to assets
0.28%Noncurrent loans to loans
0.45%Net loans and leases to deposits
66.76%Net loans and leases to core deposits
76.41%Equity capital to assets
7.42%Core capital (leverage) ratio
7.16%Tier 1 risk-based capital ratio
11.88%Total risk-based capital ratio
Memoranda
$13Average assets
$25,431Average earning assets
$1,838Average equity
$23,492Average loans

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