FDIC Certificate #: 58369 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:NebraskaLand National Bank (#34811) Federal Reserve ID: 3425211 Date Established: May 22, 2006 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 447893 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: May 22, 2006 Last Structure Change Effective Date: September 25, 2009 Last Structure Change Process Date: October 20, 2009 Last Data Update: October 20, 2009 Data Source Date: April 05, 2012
Location
Address: 601 College Drive, Rock Springs, WY 82901 County: Sweetwater Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Rock Springs, WY (#40540) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $66.2 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2008)
Dollar figures in thousands
9Total employees (full-time equivalent)
$68,692Total assets
$509Cash and due from depository institutions
$38Interest-bearing balances
$16,700Securities
$2,100Federal funds sold & reverse repurchase agreements
$47,647Net loans & leases
$550Loan loss allowance
$0Trading account assets
$1,018Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$718All other assets
$68,692Total liabilities and capital
$61,572Total liabilities
$61,173Total deposits
$56,131Interest-bearing deposits
$61,173Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$399All other liabilities
$7,120Total equity capital
$7,120Total bank equity capital
$7,120Perpetual preferred stock
$0Common stock
$3,500Surplus
$3,500Undivided profits
Memoranda
$120Noncurrent loans and leases
$7,716Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$795Earning assets
$0Long-term assets (5+ years)
$446Average Assets, year-to-date
$66,485Average Assets, quarterly
$22,259Volatile liabilities
$59,107Insider loans
$66,060FHLB advances
$28,916Loans and leases held for sale
$1,574Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,716Total unused commitments
$0Restructured Loans and leases
$560Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$3,860Total interest income
$1,681Total interest expense
$2,179Net interest income
$235Provision for loan and lease losses
$17Total noninterest income
$0Fiduciary activities
$12Service charges on deposit accounts
$0Trading account gains & fees
$5Additional noninterest income
$1,661Total noninterest expense
$849Salaries and employee benefits
$200Premises and equipment expense
$612Additional noninterest expense
$300Pre-tax net operating income
$225Securities gains (losses)
$180Applicable income taxes
$345Income before extraordinary items
$0Extraordinary gains - net
$345Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.81%Yield on earning assets
2.97%Cost of funding earning assets
3.84%Net interest margin
0.03%Noninterest income to earning assets
2.93%Noninterest expense to earning assets
0.33%Net operating income to assets
0.58%Return on assets (ROA)
0.89%Pretax return on assets
5.05%Return on equity (ROE)
5.05%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
75,638Assets per employee
7.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.14%Loss allowance to noncurrent loans
69.18%Noncurrent assets plus other real estate owned to assets
1.16%Noncurrent loans to loans
1.65%Net loans and leases to deposits
77.89%Net loans and leases to core deposits
147.71%Equity capital to assets
10.37%Core capital (leverage) ratio
10.63%Tier 1 risk-based capital ratio
13.63%Total risk-based capital ratio
Memoranda
$15Average assets
$59,107Average earning assets
$6,833Average equity
$56,688Average loans
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