Burt County State Bank in Tekamah, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 01, 2004

Burt County State Bank in Tekamah, Nebraska (NE)
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Burt County State Bank - Overview

General
FDIC Certificate #: 14592
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Washington County Bank (#12241)
Federal Reserve ID: 724557
Date Established: January 01, 1892
WWW: http://www.burtcountybank.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 9122
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: July 24, 1934
Last Structure Change Effective Date: August 01, 2004
Last Structure Change Process Date: September 16, 2004
Last Data Update: September 16, 2004
Data Source Date: April 05, 2012
Location
Address: 303 South 13th Street, Tekamah, NE 68061
County: Burt
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
Financial Summary
Total assets: $40.8 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, 2003)

Dollar figures in thousands
12Total employees (full-time equivalent)
$39,649Total assets
$2,596Cash and due from depository institutions
$100Interest-bearing balances
$9,340Securities
$1,730Federal funds sold & reverse repurchase agreements
$24,721Net loans & leases
$410Loan loss allowance
$0Trading account assets
$273Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$989All other assets
$39,649Total liabilities and capital
$36,566Total liabilities
$34,076Total deposits
$29,666Interest-bearing deposits
$34,076Deposits held in domestic offices
0.00%% insured (estimated)
$2,389Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$101All other liabilities
$3,083Total equity capital
$3,083Total bank equity capital
$3,083Perpetual preferred stock
$0Common stock
$200Surplus
$1,200Undivided profits
Memoranda
$1,683Noncurrent loans and leases
$8,737Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$418Earning assets
$31Long-term assets (5+ years)
$486Average Assets, year-to-date
$35,891Average Assets, quarterly
$4,719Volatile liabilities
$39,634Insider loans
$39,790FHLB advances
$5,942Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,737Total unused commitments
$0Restructured Loans and leases
$341Derivatives

Income and Expense (December 31, 2003)

Dollar figures in thousands
$2,290Total interest income
$717Total interest expense
$1,573Net interest income
$308Provision for loan and lease losses
$193Total noninterest income
$0Fiduciary activities
$166Service charges on deposit accounts
$0Trading account gains & fees
$27Additional noninterest income
$908Total noninterest expense
$556Salaries and employee benefits
$84Premises and equipment expense
$268Additional noninterest expense
$550Pre-tax net operating income
$0Securities gains (losses)
$173Applicable income taxes
$377Income before extraordinary items
$0Extraordinary gains - net
$377Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$304Sale, conversion, retirement of capital stock, net
$375Net operating income

Performance and Condition Ratios (December 31, 2003)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.44%Yield on earning assets
2.02%Cost of funding earning assets
4.43%Net interest margin
0.54%Noninterest income to earning assets
2.56%Noninterest expense to earning assets
0.95%Net operating income to assets
0.95%Return on assets (ROA)
1.39%Pretax return on assets
12.02%Return on equity (ROE)
0.06%Retained earnings to average equity (YTD only)
1.20%Net charge-offs to loans
101.32%Credit loss provision to net charge-offs
2.82%Efficiency ratio
51,416Assets per employee
3.30%Cash dividends to net income (YTD only)
Condition Ratios (%)
99.47%Loss allowance to loans
1.63%Loss allowance to noncurrent loans
98.09%Noncurrent assets plus other real estate owned to assets
1.52%Noncurrent loans to loans
1.66%Net loans and leases to deposits
72.55%Net loans and leases to core deposits
80.99%Equity capital to assets
7.78%Core capital (leverage) ratio
7.82%Tier 1 risk-based capital ratio
11.34%Total risk-based capital ratio
Memoranda
$13Average assets
$39,634Average earning assets
$3,135Average equity
$35,536Average loans

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