FDIC Certificate #: 9812 Status: Active Federal Reserve ID: 332756 Date Established: January 18, 1918 WWW:http://www.adamsstate.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 6284 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 649 Main Street, Adams, NE 68301 County: Gage 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 Core Based Statistical Area (CBSA): Beatrice, NE (#13100) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $38.4 mil Equity capital: $7.7 mil Deposits held in domestic offices: $28.7 mil Return on assets (ROA): 1.64% ($0.6 mil) Quarterly return on assets: 1.05% ($0.4 mil) Return on Equity (ROE): 8.47% ($0.7 mil) Quarterly return on equity: 5.23% ($0.4 mil) Net income: $0.6 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.68% ($644.9 mil) Quarterly Pretax return on assets: 1.08% ($414.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
8Total employees (full-time equivalent)
$38,388Total assets
$2,625Cash and due from depository institutions
$1,703Interest-bearing balances
$10,471Securities
$55Federal funds sold & reverse repurchase agreements
$23,637Net loans & leases
$193Loan loss allowance
$0Trading account assets
$845Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$38,388Life insurance assets
$755All other assets
$30,681Total liabilities and capital
$28,726Total liabilities
$24,333Total deposits
$28,726Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,900Trading liabilities
$0Other borrowed funds
$55Subordinated debt
$7,707All other liabilities
$7,707Total equity capital
$7,707Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$3,000Surplus
$4,607Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$456Long-term assets (5+ years)
$35,866Average Assets, year-to-date
$18,358Average Assets, quarterly
$38,437Volatile liabilities
$38,613Insider loans
$29,373FHLB advances
$38,845Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,557Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,336Restructured Loans and leases
$1,198Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,784Total interest income
$354Total interest expense
$1,430Net interest income
$0Provision for loan and lease losses
$167Total noninterest income
$0Fiduciary activities
$88Service charges on deposit accounts
$0Trading account gains & fees
$79Additional noninterest income
$966Total noninterest expense
$596Salaries and employee benefits
$204Premises and equipment expense
$166Additional noninterest expense
$631Pre-tax net operating income
$13Securities gains (losses)
$14Applicable income taxes
$630Income before extraordinary items
$0Extraordinary gains - net
$630Net income attributable to bank
$0Net charge-offs
$630Cash dividends
-$8Sale, conversion, retirement of capital stock, net
$280Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.94%Yield on earning assets
0.98%Cost of funding earning assets
3.96%Net interest margin
0.46%Noninterest income to earning assets
2.68%Noninterest expense to earning assets
1.61%Net operating income to assets
1.64%Return on assets (ROA)
1.68%Pretax return on assets
8.47%Return on equity (ROE)
4.71%Retained earnings to average equity (YTD only)
-0.04%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
60,488Assets per employee
4.80%Cash dividends to net income (YTD only)
Condition Ratios (%)
44.44%Loss allowance to loans
0.81%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
82.28%Net loans and leases to core deposits
86.26%Equity capital to assets
20.08%Core capital (leverage) ratio
19.45%Tier 1 risk-based capital ratio
25.73%Total risk-based capital ratio
Memoranda
$26Average assets
$38,437Average earning assets
$7,436Average equity
$36,082Average loans
List of branches
1 Nebraska Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6284
Adams State Bank
649 Main Street, Adams, NE 68301
January 18, 1918
Full Service Brick and Mortar
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