Crete State Bank in Crete, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 03, 2000

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

Crete State Bank - Overview

  • General
  • FDIC Certificate #: 8602
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Pinnacle Bank (#10634)
    Federal Reserve ID: 543057
    Date Established: January 01, 1897
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    OTS Docket #: 13656
    FDIC's unique #: 5496
    Numeric code: 13
    Regulator: FED
    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: May 03, 2000
    Last Structure Change Process Date: May 25, 2000
    Last Data Update: May 25, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 143 East 13th Street, Crete, NE 68333
    County: Saline
    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: $53.4 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 16Total employees (full-time equivalent)
  • $53,839Total assets
  • $2,925Cash and due from depository institutions
  • $885Interest-bearing balances
  • $17,732Securities
  • $500Federal funds sold & reverse repurchase agreements
  • $31,745Net loans & leases
  • $675Loan loss allowance
  • $0Trading account assets
  • $116Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $821All other assets
  • $53,839Total liabilities and capital
  • $49,539Total liabilities
  • $48,831Total deposits
  • $44,756Interest-bearing deposits
  • $48,831Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $708All other liabilities
  • $4,300Total equity capital
  • $4,300Total bank equity capital
  • $4,300Perpetual preferred stock
  • $0Common stock
  • $600Surplus
  • $1,763Undivided profits
  • Memoranda
  • $1,937Noncurrent loans and leases
  • $2,358Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $968Earning assets
  • $0Long-term assets (5+ years)
  • $475Average Assets, year-to-date
  • $50,862Average Assets, quarterly
  • $5,886Volatile liabilities
  • $55,401Insider loans
  • $54,758FHLB advances
  • $2,728Loans and leases held for sale
  • $469Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,358Total unused commitments
  • $0Restructured Loans and leases
  • $410Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $4,063Total interest income
  • $2,087Total interest expense
  • $1,976Net interest income
  • $215Provision for loan and lease losses
  • $325Total noninterest income
  • $0Fiduciary activities
  • $222Service charges on deposit accounts
  • $0Trading account gains & fees
  • $103Additional noninterest income
  • $1,252Total noninterest expense
  • $580Salaries and employee benefits
  • $145Premises and equipment expense
  • $527Additional noninterest expense
  • $834Pre-tax net operating income
  • $0Securities gains (losses)
  • $243Applicable income taxes
  • $591Income before extraordinary items
  • $0Extraordinary gains - net
  • $591Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $62Sale, conversion, retirement of capital stock, net
  • $588Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.75%Yield on earning assets
  • 3.98%Cost of funding earning assets
  • 3.77%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 2.39%Noninterest expense to earning assets
  • 1.07%Net operating income to assets
  • 1.07%Return on assets (ROA)
  • 1.51%Pretax return on assets
  • 12.89%Return on equity (ROE)
  • 0.07%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 346.77%Credit loss provision to net charge-offs
  • 16.92%Efficiency ratio
  • 54,411Assets per employee
  • 3.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 99.49%Loss allowance to loans
  • 2.08%Loss allowance to noncurrent loans
  • 69.73%Noncurrent assets plus other real estate owned to assets
  • 1.80%Noncurrent loans to loans
  • 2.99%Net loans and leases to deposits
  • 65.01%Net loans and leases to core deposits
  • 68.86%Equity capital to assets
  • 7.99%Core capital (leverage) ratio
  • 8.22%Tier 1 risk-based capital ratio
  • 13.86%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $55,401Average earning assets
  • $4,584Average equity
  • $52,413Average loans

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