Dakota County State Bank in South Sioux City, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 25, 2010

  • Dakota County State Bank in South Sioux City, Nebraska (NE)
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Dakota County State Bank - Overview

  • General
  • FDIC Certificate #: 18944
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: F&M Bank (#14922)
    Federal Reserve ID: 655857
    Date Established: November 22, 1963
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 11960
    FDIC's unique #: 12789
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 22, 1963
    Last Structure Change Effective Date: September 25, 2010
    Last Structure Change Process Date: October 06, 2010
    Last Data Update: October 06, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 2024 Dakota Avenue, South Sioux City, NE 68776
    County: Dakota
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Sioux City, IA-NE (#7720)
    Combined Statistical Area (CSA): Sioux City-Vermillion, IA-NE-SD (#512)
    Core Based Statistical Area (CBSA): Sioux City, IA-NE-SD (#43580)
    CBSA Metro Statistical Area: Sioux City, IA-NE-SD (#43580)
  • Financial Summary
  • Total assets: $93.7 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, 2009)

  • Dollar figures in thousands
  • 28Total employees (full-time equivalent)
  • $88,625Total assets
  • $19,330Cash and due from depository institutions
  • $16,756Interest-bearing balances
  • $13,783Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $51,793Net loans & leases
  • $1,045Loan loss allowance
  • $0Trading account assets
  • $2,246Bank premises and fixed assets
  • $75Other real estate owned
  • $0Goodwill and other intangibles
  • $54Life insurance assets
  • $1,398All other assets
  • $88,625Total liabilities and capital
  • $80,587Total liabilities
  • $76,020Total deposits
  • $61,167Interest-bearing deposits
  • $76,020Deposits held in domestic offices
  • 87.82%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,412Other borrowed funds
  • $0Subordinated debt
  • $155All other liabilities
  • $8,038Total equity capital
  • $8,038Total bank equity capital
  • $8,038Perpetual preferred stock
  • $0Common stock
  • $523Surplus
  • $5,477Undivided profits
  • Memoranda
  • $2,038Noncurrent loans and leases
  • $19,352Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,374Earning assets
  • $0Long-term assets (5+ years)
  • $482Average Assets, year-to-date
  • $82,332Average Assets, quarterly
  • $7,894Volatile liabilities
  • $87,767Insider loans
  • $89,012FHLB advances
  • $15,853Loans and leases held for sale
  • $1,550Unused loan commitments
  • $4,412Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $19,352Total unused commitments
  • $0Restructured Loans and leases
  • $718Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $4,084Total interest income
  • $1,115Total interest expense
  • $2,969Net interest income
  • $281Provision for loan and lease losses
  • $856Total noninterest income
  • $0Fiduciary activities
  • $322Service charges on deposit accounts
  • $0Trading account gains & fees
  • $534Additional noninterest income
  • $2,623Total noninterest expense
  • $1,403Salaries and employee benefits
  • $377Premises and equipment expense
  • $843Additional noninterest expense
  • $921Pre-tax net operating income
  • $0Securities gains (losses)
  • $33Applicable income taxes
  • $888Income before extraordinary items
  • $0Extraordinary gains - net
  • $888Net income attributable to bank
  • $0Net charge-offs
  • $888Cash dividends
  • $79Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.98%Yield on earning assets
  • 1.36%Cost of funding earning assets
  • 3.62%Net interest margin
  • 1.04%Noninterest income to earning assets
  • 3.20%Noninterest expense to earning assets
  • 1.01%Net operating income to assets
  • 1.01%Return on assets (ROA)
  • 1.05%Pretax return on assets
  • 11.70%Return on equity (ROE)
  • 11.70%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 355.70%Credit loss provision to net charge-offs
  • 15.22%Efficiency ratio
  • 68,575Assets per employee
  • 3.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.98%Loss allowance to noncurrent loans
  • 76.06%Noncurrent assets plus other real estate owned to assets
  • 1.63%Noncurrent loans to loans
  • 2.60%Net loans and leases to deposits
  • 68.13%Net loans and leases to core deposits
  • 86.08%Equity capital to assets
  • 9.07%Core capital (leverage) ratio
  • 9.14%Tier 1 risk-based capital ratio
  • 14.03%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $87,767Average earning assets
  • $7,593Average equity
  • $81,942Average loans

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