FDIC Certificate #: 1993 Status: Active Federal Reserve ID: 75651 Bank Holding Company (Regulatory Top Holder): Ceresco Bancorp, Inc. (RSSDID: 2696984, Location: Ceresco, NE) Date Established: September 01, 1911 WWW:http://www.cerescobank.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) OTS Docket #: 14597 FDIC's unique #: 1339 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, 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: 130 West Elm Street, Ceresco, NE 68017 County: Saunders 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 Combined Statistical Area (CSA): Omaha-Council Bluffs-Fremont, NE-IA (#420) Core Based Statistical Area (CBSA): Omaha-Council Bluffs, NE-IA (#36540) CBSA Metro Statistical Area: Omaha-Council Bluffs, NE-IA (#36540)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $41.8 mil Equity capital: $6.0 mil Deposits held in domestic offices: $35.5 mil Return on assets (ROA): 1.16% ($0.5 mil) Quarterly return on assets: 0.15% ($0.1 mil) Return on Equity (ROE): 8.45% ($0.5 mil) Quarterly return on equity: 1.07% ($0.1 mil) Net income: $0.5 mil Quarterly Net income: $0.0 mil Pretax return on assets: 1.50% ($626.4 mil) Quarterly Pretax return on assets: 0.01% ($4.2 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
11Total employees (full-time equivalent)
$41,757Total assets
$1,411Cash and due from depository institutions
$30Interest-bearing balances
$11,782Securities
$0Federal funds sold & reverse repurchase agreements
$26,126Net loans & leases
$584Loan loss allowance
$0Trading account assets
$110Bank premises and fixed assets
$60Other real estate owned
$0Goodwill and other intangibles
$41,757Life insurance assets
$2,268All other assets
$35,780Total liabilities and capital
$35,475Total liabilities
$30,346Total deposits
$35,475Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$305Subordinated debt
$5,977All other liabilities
$5,977Total equity capital
$5,977Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$3,700Surplus
$1,977Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$242Income earned, not collected on loans
$0Earning assets
$358Long-term assets (5+ years)
$37,938Average Assets, year-to-date
$10,936Average Assets, quarterly
$42,038Volatile liabilities
$42,061Insider loans
$29,901FHLB advances
$42,516Loans and leases held for sale
$1,249Unused loan commitments
$1,249Tier 1 (core) risk-based capital
$5,712Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,543Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,843Total interest income
$355Total interest expense
$1,488Net interest income
$0Provision for loan and lease losses
$392Total noninterest income
$0Fiduciary activities
$140Service charges on deposit accounts
$0Trading account gains & fees
$252Additional noninterest income
$1,248Total noninterest expense
$891Salaries and employee benefits
$99Premises and equipment expense
$258Additional noninterest expense
$632Pre-tax net operating income
$0Securities gains (losses)
$145Applicable income taxes
$487Income before extraordinary items
$0Extraordinary gains - net
$487Net income attributable to bank
$0Net charge-offs
$487Cash dividends
$196Sale, conversion, retirement of capital stock, net
$50Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.76%Yield on earning assets
0.92%Cost of funding earning assets
3.85%Net interest margin
1.01%Noninterest income to earning assets
3.23%Noninterest expense to earning assets
1.16%Net operating income to assets
1.16%Return on assets (ROA)
1.50%Pretax return on assets
8.45%Return on equity (ROE)
7.58%Retained earnings to average equity (YTD only)
0.80%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
3.22%Efficiency ratio
66,383Assets per employee
3.80%Cash dividends to net income (YTD only)
Condition Ratios (%)
10.27%Loss allowance to loans
2.19%Loss allowance to noncurrent loans
241.32%Noncurrent assets plus other real estate owned to assets
0.72%Noncurrent loans to loans
0.91%Net loans and leases to deposits
73.65%Net loans and leases to core deposits
76.40%Equity capital to assets
14.31%Core capital (leverage) ratio
13.43%Tier 1 risk-based capital ratio
19.10%Total risk-based capital ratio
Memoranda
$20Average assets
$42,038Average earning assets
$5,765Average equity
$38,680Average loans
List of branches
1 Nebraska Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
1339
Cerescobank
130 West Elm Street, Ceresco, NE 68017
September 01, 1911
Full Service Brick and Mortar
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