Boelus State Bank in Boelus, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Boelus State Bank in Boelus, Nebraska (NE)
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Boelus State Bank - Overview

  • General
  • FDIC Certificate #: 17825
    Status: Active
    Federal Reserve ID: 472250
    Date Established: January 01, 1900
    WWW: http://www.boelusstatebank.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 #: 11771
    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: January 01, 1958
    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: 523 Delaware Street, Boelus, NE 68820
    County: Howard
    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
    Core Based Statistical Area (CBSA): Grand Island, NE (#24260)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $16.0 mil
    Equity capital: $1.9 mil
    Deposits held in domestic offices: $14.0 mil
    Return on assets (ROA): 0.50% ($0.1 mil)
    Quarterly return on assets: -0.21% (-$0.0 mil)
    Return on Equity (ROE): 3.96% ($0.1 mil)
    Quarterly return on equity: -1.64% (-$0.0 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.66% ($105.5 mil)
    Quarterly Pretax return on assets: -0.41% (-$65.5 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
  • 4Total employees (full-time equivalent)
  • $15,979Total assets
  • $7,985Cash and due from depository institutions
  • $5,570Interest-bearing balances
  • $438Securities
  • $1,025Federal funds sold & reverse repurchase agreements
  • $6,350Net loans & leases
  • $207Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $15,979Life insurance assets
  • $181All other assets
  • $14,037Total liabilities and capital
  • $14,016Total liabilities
  • $11,900Total deposits
  • $14,016Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $21Subordinated debt
  • $1,942All other liabilities
  • $1,942Total equity capital
  • $1,942Total bank equity capital
  • $0Perpetual preferred stock
  • $75Common stock
  • $775Surplus
  • $1,092Undivided 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
  • $114Long-term assets (5+ years)
  • $13,383Average Assets, year-to-date
  • $419Average Assets, quarterly
  • $15,208Volatile liabilities
  • $15,493Insider loans
  • $7,850FHLB advances
  • $15,541Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $1,942Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $22Restructured Loans and leases
  • $60Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $501Total interest income
  • $150Total interest expense
  • $351Net interest income
  • $5Provision for loan and lease losses
  • $44Total noninterest income
  • $0Fiduciary activities
  • $9Service charges on deposit accounts
  • $0Trading account gains & fees
  • $35Additional noninterest income
  • $290Total noninterest expense
  • $145Salaries and employee benefits
  • $57Premises and equipment expense
  • $88Additional noninterest expense
  • $100Pre-tax net operating income
  • $0Securities gains (losses)
  • $24Applicable income taxes
  • $76Income before extraordinary items
  • $0Extraordinary gains - net
  • $76Net income attributable to bank
  • $0Net charge-offs
  • $76Cash dividends
  • $9Sale, conversion, retirement of capital stock, net
  • $26Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.77%Yield on earning assets
  • 1.13%Cost of funding earning assets
  • 2.64%Net interest margin
  • 0.33%Noninterest income to earning assets
  • 2.18%Noninterest expense to earning assets
  • 0.50%Net operating income to assets
  • 0.50%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 3.96%Return on equity (ROE)
  • 2.61%Retained earnings to average equity (YTD only)
  • 0.13%Net charge-offs to loans
  • 55.56%Credit loss provision to net charge-offs
  • 11.67%Efficiency ratio
  • 73,418Assets per employee
  • 3.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 34.21%Loss allowance to loans
  • 3.16%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
  • 45.31%Net loans and leases to core deposits
  • 45.31%Equity capital to assets
  • 12.15%Core capital (leverage) ratio
  • 12.50%Tier 1 risk-based capital ratio
  • 24.74%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $15,208Average earning assets
  • $1,918Average equity
  • $13,305Average loans

List of branches

  • 1 Nebraska Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011771Boelus State Bank523 Delaware Street, Boelus, NE 68820January 01, 1900Full Service Brick and Mortar

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