Bank of Bertrand in Bertrand, Nebraska (NE)



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Bank of Bertrand routing number info

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Bank of Bertrand
GeneralFDIC Certificate #: 15267
Status: Active
Federal Reserve ID: 347657
Date Established: May 01, 1906
WWW: http://www.bankofbertrand.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 #: 9614
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: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: August 21, 1935
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
LocationAddress: 601 Minor Avenue, Bertrand, NE 68927
County: Phelps
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
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $40.0 mil
Equity capital: $5.8 mil
Deposits held in domestic offices: $30.9 mil
Return on assets (ROA): 0.51% ($0.2 mil)
Quarterly return on assets: 0.74% ($0.3 mil)
Return on Equity (ROE): 3.46% ($0.2 mil)
Quarterly return on equity: 4.98% ($0.3 mil)
Net income: $0.2 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.62% ($247.9 mil)
Quarterly Pretax return on assets: 0.93% ($371.9 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)
Total employees (full-time equivalent)8
Total assets$39,987
Cash and due from depository institutions$9,070
Interest-bearing balances$5,079
Securities$8,312
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$21,522
Loan loss allowance $219
Trading account assets$0
Bank premises and fixed assets$7
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$1,076
Life insurance assets$39,987
Total liabilities and capital$34,215
Total liabilities$30,911
Total deposits$23,616
Interest-bearing deposits$30,911
Deposits held in domestic offices$94
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$3,280
Other borrowed funds $0
Subordinated debt $24
All other liabilities $5,772
Total equity capital$5,772
Total bank equity capital$5,772
Perpetual preferred stock$0
Common stock$350
Surplus$1,600
Undivided profits $3,822
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $38
Earning assets $0
Long-term assets (5+ years) $337
Average Assets, year-to-date $34,913
Average Assets, quarterly $6,398
Volatile liabilities $38,802
Insider loans $39,076
FHLB advances $26,200
Loans and leases held for sale $39,155
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $5,768
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $10,104
Derivatives$26
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,494
Total interest expense $364
Net interest income $1,130
Provision for loan and lease losses $8
Total noninterest income $100
Fiduciary activities $0
Service charges on deposit accounts $54
Trading account gains & fees $0
Additional noninterest income $46
Total noninterest expense $980
Salaries and employee benefits $518
Premises and equipment expense $28
Additional noninterest expense $434
Pre-tax net operating income $242
Securities gains (losses) $0
Applicable income taxes $44
Income before extraordinary items $198
Extraordinary gains - net $0
Net income attributable to bank $198
Net charge-offs $0
Cash dividends $198
Sale, conversion, retirement of capital stock, net $8
Net operating income $122
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.27%
Cost of funding earning assets 1.04%
Net interest margin 3.23%
Noninterest income to earning assets 0.29%
Noninterest expense to earning assets 2.80%
Net operating income to assets 0.51%
Return on assets (ROA) 0.51%
Pretax return on assets 0.62%
Return on equity (ROE) 3.46%
Retained earnings to average equity (YTD only) 1.33%
Net charge-offs to loans 0.04%
Credit loss provision to net charge-offs 100.00%
Efficiency ratio31.25%
Assets per employee$79,675
Cash dividends to net income (YTD only)5.00%
Condition Ratios (%)
Loss allowance to loans 61.62%
Loss allowance to noncurrent loans 1.01%
Noncurrent assets plus other real estate owned to assets 576.32%
Noncurrent loans to loans 0.10%
Net loans and leases to deposits0.17%
Net loans and leases to core deposits 69.63%
Equity capital to assets 70.67%
Core capital (leverage) ratio 14.43%
Tier 1 risk-based capital ratio 14.73%
Total risk-based capital ratio 22.02%
Memoranda
Average assets$23
Average earning assets$38,802
Average equity $5,719
Average loans $35,008
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1 Nebraska Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
09614Bank Of Bertrand601 Minor Avenue, Bertrand, NE 68927May 01, 1906Full Service Brick and Mortar
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