Elkhorn Valley Bank in Norfolk, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 15, 1997

  • Elkhorn Valley Bank in Norfolk, Nebraska (NE)
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Elkhorn Valley Bank - Overview

  • General
  • FDIC Certificate #: 33852
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Elkhorn Valley Bank & Trust (#16553)
    Federal Reserve ID: 2124571
    Date Established: November 16, 1993
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 48160
    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: November 16, 1993
    Last Structure Change Effective Date: July 15, 1997
    Last Structure Change Process Date: July 22, 1997
    Last Data Update: July 22, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 1303 Center Drive, Norfolk, NE 68701
    County: Madison
    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
    Core Based Statistical Area (CBSA): Norfolk, NE (#35740)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $63.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $19Total assets
  • $52,702Cash and due from depository institutions
  • $2,346Interest-bearing balances
  • $0Securities
  • $20,043Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $28,502Loan loss allowance
  • $431Trading account assets
  • $0Bank premises and fixed assets
  • $1,187Other real estate owned
  • $0Goodwill and other intangibles
  • $610Life insurance assets
  • $14All other assets
  • $0Total liabilities and capital
  • $52,702Total liabilities
  • $49,436Total deposits
  • $48,871Interest-bearing deposits
  • $44,001Deposits held in domestic offices
  • 48871.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $330Trading liabilities
  • $0Other borrowed funds
  • $30Subordinated debt
  • $0All other liabilities
  • $205Total equity capital
  • $205Total bank equity capital
  • $3,266Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $1,600Undivided profits
  • Memoranda
  • $666Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $27Income earned, not collected on loans
  • $231Earning assets
  • $48,545Long-term assets (5+ years)
  • $9,491Average Assets, year-to-date
  • $42,954Average Assets, quarterly
  • $50,039Volatile liabilities
  • $4,371Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $265Unused loan commitments
  • $2,923Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,229Total risk weighted assets
  • $34,195Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,343Total interest expense
  • $1,982Net interest income
  • $1,361Provision for loan and lease losses
  • $153Total noninterest income
  • $306Fiduciary activities
  • $0Service charges on deposit accounts
  • $184Trading account gains & fees
  • $0Additional noninterest income
  • $122Total noninterest expense
  • $1,077Salaries and employee benefits
  • $599Premises and equipment expense
  • $93Additional noninterest expense
  • $385Pre-tax net operating income
  • $437Securities gains (losses)
  • -$11Applicable income taxes
  • $87Income before extraordinary items
  • $339Extraordinary gains - net
  • $0Net income attributable to bank
  • $339Net charge-offs
  • $9Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.33%Cost of funding earning assets
  • 4.94%Net interest margin
  • 3.39%Noninterest income to earning assets
  • 0.76%Noninterest expense to earning assets
  • 2.68%Net operating income to assets
  • 0.81%Return on assets (ROA)
  • 0.79%Pretax return on assets
  • 0.99%Return on equity (ROE)
  • 11.94%Retained earnings to average equity (YTD only)
  • 11.94%Net charge-offs to loans
  • 0.04%Credit loss provision to net charge-offs
  • 1700.00%Efficiency ratio
  • 64,187Assets per employee
  • 2.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 1596.30%Noncurrent assets plus other real estate owned to assets
  • 0.05%Noncurrent loans to loans
  • 0.09%Net loans and leases to deposits
  • 58.32%Net loans and leases to core deposits
  • 63.58%Equity capital to assets
  • 6.20%Core capital (leverage) ratio
  • 6.45%Tier 1 risk-based capital ratio
  • 9.44%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $42,954Average earning assets
  • $2,839Average equity
  • $40,134Average loans

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