Cornhusker Bank in Lincoln, Nebraska (NE)



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Cornhusker Bank routing number info

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Cornhusker Bank
GeneralFDIC Certificate #: 14264
Status: Active
Federal Reserve ID: 544652
Bank Holding Company (Regulatory Top Holder): Cornhusker Growth Corporation (RSSDID: 2022529, Location: Lincoln, NE)
Date Established: August 24, 1903
WWW: http://www.cornhuskerbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 9 (Domestic: 9, Interstate: No)
OTS Docket #: 15361
FDIC's unique #: 8909
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: April 18, 1934
Last Structure Change Effective Date: June 30, 2011
Last Structure Change Process Date: July 07, 2011
Last Data Update: July 07, 2011
Data Source Date: April 05, 2012
LocationAddress: 11th And Cornhusker Highway, Lincoln, NE 68501
County: Lancaster
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
Metropolitan Statistical Area (MSA): Lincoln, NE (#4360)
Core Based Statistical Area (CBSA): Lincoln, NE (#30700)
CBSA Metro Statistical Area: Lincoln, NE (#30700)
History of ChangesChange in Primary Regulatory Agency
Change in Supervisory Agency
Institution Becomes a Member of FRS (Federal Reserve System)
Financial SummaryTotal assets: $392.9 mil
Equity capital: $32.1 mil
Deposits held in domestic offices: $325.0 mil
Return on assets (ROA): 1.15% ($4.5 mil)
Quarterly return on assets: 1.10% ($4.3 mil)
Return on Equity (ROE): 14.10% ($4.5 mil)
Quarterly return on equity: 13.27% ($4.2 mil)
Net income: $4.3 mil
Quarterly Net income: $1.1 mil
Pretax return on assets: 1.18% ($4,636.8 mil)
Quarterly Pretax return on assets: 1.14% ($4,479.6 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)
Total employees (full-time equivalent)110
Total assets$392,949
Cash and due from depository institutions$23,320
Interest-bearing balances$9,494
Securities$91,035
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$266,552
Loan loss allowance $4,157
Trading account assets$0
Bank premises and fixed assets$5,453
Other real estate owned$283
Goodwill and other intangibles$279
All other assets$6,027
Life insurance assets$392,949
Total liabilities and capital$360,868
Total liabilities$325,024
Total deposits$295,166
Interest-bearing deposits$325,024
Deposits held in domestic offices$96
% insured (estimated)27946.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$6,769
Other borrowed funds $0
Subordinated debt $1,129
All other liabilities $32,081
Total equity capital$32,081
Total bank equity capital$32,081
Perpetual preferred stock$0
Common stock$1,000
Surplus$16,038
Undivided profits $15,043
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $337
Income earned, not collected on loans $687
Earning assets $0
Long-term assets (5+ years) $1,678
Average Assets, year-to-date $367,081
Average Assets, quarterly $85,184
Volatile liabilities $372,433
Insider loans $384,113
FHLB advances $292,244
Loans and leases held for sale $374,146
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $31,532
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $32,399
Derivatives$195
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $17,044
Total interest expense $2,962
Net interest income $14,082
Provision for loan and lease losses $1,640
Total noninterest income $4,385
Fiduciary activities $0
Service charges on deposit accounts $1,251
Trading account gains & fees $0
Additional noninterest income $3,134
Total noninterest expense $12,426
Salaries and employee benefits $7,097
Premises and equipment expense $2,267
Additional noninterest expense $3,062
Pre-tax net operating income $4,401
Securities gains (losses) $12
Applicable income taxes $135
Income before extraordinary items $4,278
Extraordinary gains - net $0
Net income attributable to bank $4,278
Net charge-offs $0
Cash dividends $4,278
Sale, conversion, retirement of capital stock, net $1,113
Net operating income $2,175
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.79%
Cost of funding earning assets 0.83%
Net interest margin 3.96%
Noninterest income to earning assets 1.23%
Noninterest expense to earning assets 3.49%
Net operating income to assets 1.15%
Return on assets (ROA) 1.15%
Pretax return on assets 1.18%
Return on equity (ROE) 14.10%
Retained earnings to average equity (YTD only) 6.93%
Net charge-offs to loans 0.43%
Credit loss provision to net charge-offs 147.35%
Efficiency ratio5.43%
Assets per employee$67,288
Cash dividends to net income (YTD only)3.57%
Condition Ratios (%)
Loss allowance to loans 50.84%
Loss allowance to noncurrent loans 1.54%
Noncurrent assets plus other real estate owned to assets 605.09%
Noncurrent loans to loans 0.25%
Net loans and leases to deposits0.25%
Net loans and leases to core deposits 82.01%
Equity capital to assets 86.63%
Core capital (leverage) ratio 8.16%
Tier 1 risk-based capital ratio 8.43%
Total risk-based capital ratio 10.79%
Memoranda
Average assets$12
Average earning assets$372,433
Average equity $30,334
Average loans $355,576
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9 Nebraska Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
08909Cornhusker Bank11th And Cornhusker Highway, Lincoln, NE 68501August 24, 1903Full Service Brick and Mortar
2231237Drive-In Teller's Facility1300 North 27th Street, Lincoln, NE 68503Febuary 15, 1974Full Service Brick and Mortar
3231238North Cotner Branch1600 North Cotner, Lincoln, NE 68505June 01, 1987Full Service Brick and Mortar
4231239South Street Branch5555 South Street, Lincoln, NE 68506January 17, 1989Full Service Brick and Mortar
6231241Legacy Branch5600 Pioneers Boulevard, Lincoln, NE 68506June 14, 1996Limited Service Facility
7231242Old Cheney Branch5701 South 34th Street Ste 100, Lincoln, NE 68516November 20, 1996Full Service Brick and Mortar
9231244Legacy Terrace Branch5700 Fremont Street, Lincoln, NE 68504March 24, 1999Limited Service Facility
10430222Legacy Estate Branch7200 Van Dorn Street, Lincoln, NE 68506January 07, 2004Limited Service Facility
11472632Aples Way Branch6100 Apple's Way, Lincoln, NE 68516January 17, 2008Full Service Brick and Mortar
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