Commercial Bank in Stratton, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 08, 2003

  • Commercial Bank in Stratton, Nebraska (NE)
  • Show street view No street view available for this location

Commercial Bank - Overview

  • General
  • FDIC Certificate #: 15419
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: McCook National Bank (#5434)
    Federal Reserve ID: 658456
    Date Established: January 01, 1887
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 9735
    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: January 01, 1934
    Last Structure Change Effective Date: September 08, 2003
    Last Structure Change Process Date: October 07, 2003
    Last Data Update: October 07, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: Bailey Street, Stratton, NE 69043
    County: Hitchcock
    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
  • Financial Summary
  • Total assets: $16.1 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, 2002)

  • Dollar figures in thousands
  • 6Total employees (full-time equivalent)
  • $15,619Total assets
  • $698Cash and due from depository institutions
  • $99Interest-bearing balances
  • $2,586Securities
  • $475Federal funds sold & reverse repurchase agreements
  • $11,253Net loans & leases
  • $267Loan loss allowance
  • $0Trading account assets
  • $202Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $405All other assets
  • $15,619Total liabilities and capital
  • $14,016Total liabilities
  • $13,644Total deposits
  • $11,805Interest-bearing deposits
  • $13,644Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $22Other borrowed funds
  • $0Subordinated debt
  • $350All other liabilities
  • $1,603Total equity capital
  • $1,603Total bank equity capital
  • $1,603Perpetual preferred stock
  • $0Common stock
  • $150Surplus
  • $550Undivided profits
  • Memoranda
  • $903Noncurrent loans and leases
  • $915Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $47Earning assets
  • $0Long-term assets (5+ years)
  • $328Average Assets, year-to-date
  • $14,413Average Assets, quarterly
  • $1,320Volatile liabilities
  • $15,455Insider loans
  • $15,950FHLB advances
  • $1,956Loans and leases held for sale
  • $20Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $915Total unused commitments
  • $0Restructured Loans and leases
  • $155Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $1,025Total interest income
  • $345Total interest expense
  • $680Net interest income
  • $0Provision for loan and lease losses
  • $75Total noninterest income
  • $0Fiduciary activities
  • $50Service charges on deposit accounts
  • $0Trading account gains & fees
  • $25Additional noninterest income
  • $526Total noninterest expense
  • $295Salaries and employee benefits
  • $53Premises and equipment expense
  • $178Additional noninterest expense
  • $229Pre-tax net operating income
  • $0Securities gains (losses)
  • $55Applicable income taxes
  • $174Income before extraordinary items
  • $0Extraordinary gains - net
  • $174Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $6Sale, conversion, retirement of capital stock, net
  • $35Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.14%Yield on earning assets
  • 2.40%Cost of funding earning assets
  • 4.74%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 3.66%Noninterest expense to earning assets
  • 1.13%Net operating income to assets
  • 1.13%Return on assets (ROA)
  • 1.48%Pretax return on assets
  • 11.38%Return on equity (ROE)
  • 9.09%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 38.17%Efficiency ratio
  • 69,669Assets per employee
  • 2.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 20.11%Loss allowance to loans
  • 2.32%Loss allowance to noncurrent loans
  • 568.09%Noncurrent assets plus other real estate owned to assets
  • 0.30%Noncurrent loans to loans
  • 0.41%Net loans and leases to deposits
  • 82.48%Net loans and leases to core deposits
  • 96.28%Equity capital to assets
  • 10.26%Core capital (leverage) ratio
  • 9.76%Tier 1 risk-based capital ratio
  • 12.74%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $15,455Average earning assets
  • $1,529Average equity
  • $14,353Average loans

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