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

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

  • General
  • FDIC Certificate #: 16553
    Status: Active
    Federal Reserve ID: 439356
    Bank Holding Company (Regulatory Top Holder): Feo Investments, Inc. (RSSDID: 1891979, Location: Norfolk, NE)
    Date Established: July 06, 1943
    WWW: http://www.elkhornvalleybank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 10704
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: March 18, 1947
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 800 West Benjamin Avenue, Norfolk, NE 68702
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $526.1 mil
    Equity capital: $47.0 mil
    Deposits held in domestic offices: $467.3 mil
    Return on assets (ROA): 1.35% ($7.1 mil)
    Quarterly return on assets: 1.34% ($7.0 mil)
    Return on Equity (ROE): 15.20% ($7.1 mil)
    Quarterly return on equity: 14.94% ($7.0 mil)
    Net income: $6.6 mil
    Quarterly Net income: $1.7 mil
    Pretax return on assets: 1.79% ($9,417.7 mil)
    Quarterly Pretax return on assets: 1.73% ($9,102.1 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, 2011)

  • Dollar figures in thousands
  • 79Total employees (full-time equivalent)
  • $526,131Total assets
  • $26,565Cash and due from depository institutions
  • $15,781Interest-bearing balances
  • $224,137Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $263,183Net loans & leases
  • $3,902Loan loss allowance
  • $0Trading account assets
  • $4,270Bank premises and fixed assets
  • $873Other real estate owned
  • $0Goodwill and other intangibles
  • $526,131Life insurance assets
  • $7,103All other assets
  • $479,112Total liabilities and capital
  • $467,257Total liabilities
  • $433,268Total deposits
  • $467,257Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 10232.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,623Subordinated debt
  • $47,019All other liabilities
  • $47,019Total equity capital
  • $47,019Total bank equity capital
  • $0Perpetual preferred stock
  • $155Common stock
  • $13,025Surplus
  • $33,839Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,297Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,900Income earned, not collected on loans
  • $0Earning assets
  • $4,206Long-term assets (5+ years)
  • $503,101Average Assets, year-to-date
  • $140,667Average Assets, quarterly
  • $490,418Volatile liabilities
  • $516,371Insider loans
  • $359,357FHLB advances
  • $512,008Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $45,415Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $41,595Restructured Loans and leases
  • $50Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $21,590Total interest income
  • $6,471Total interest expense
  • $15,119Net interest income
  • $750Provision for loan and lease losses
  • $2,491Total noninterest income
  • $403Fiduciary activities
  • $1,071Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,017Additional noninterest income
  • $8,039Total noninterest expense
  • $5,099Salaries and employee benefits
  • $1,003Premises and equipment expense
  • $1,937Additional noninterest expense
  • $8,821Pre-tax net operating income
  • -$53Securities gains (losses)
  • $2,145Applicable income taxes
  • $6,623Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,623Net income attributable to bank
  • $0Net charge-offs
  • $6,623Cash dividends
  • $687Sale, conversion, retirement of capital stock, net
  • $400Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.57%Yield on earning assets
  • 1.37%Cost of funding earning assets
  • 3.20%Net interest margin
  • 0.53%Noninterest income to earning assets
  • 1.70%Noninterest expense to earning assets
  • 1.36%Net operating income to assets
  • 1.35%Return on assets (ROA)
  • 1.79%Pretax return on assets
  • 15.20%Return on equity (ROE)
  • 14.28%Retained earnings to average equity (YTD only)
  • 0.27%Net charge-offs to loans
  • 109.17%Credit loss provision to net charge-offs
  • 13.93%Efficiency ratio
  • 45,650Assets per employee
  • 6.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 6.04%Loss allowance to loans
  • 1.46%Loss allowance to noncurrent loans
  • 100.05%Noncurrent assets plus other real estate owned to assets
  • 0.91%Noncurrent loans to loans
  • 1.46%Net loans and leases to deposits
  • 56.33%Net loans and leases to core deposits
  • 56.94%Equity capital to assets
  • 8.94%Core capital (leverage) ratio
  • 8.87%Tier 1 risk-based capital ratio
  • 12.64%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $490,418Average earning assets
  • $43,583Average equity
  • $472,158Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $58,620Managed Assets
  • 1Number of Accounts
  • $46,728Personal trust and agency accounts
  • $40,437Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $3,444Other fiduciary accounts
  • $2,847Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 209Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $11,892Other retirement accounts
  • $0Corporate trust and agency accounts
  • $1,973Other fiduciary accounts
  • $9,919Fiduciary accounts held in foreign offices

List of branches

  • 7 Nebraska Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010704Elkhorn Valley Bank & Trust800 West Benjamin Avenue, Norfolk, NE 68702July 06, 1943Full Service Brick and Mortar
    148160Omaha Avenue Branch1010 Omaha Avenue, Norfolk, NE 68701November 16, 1993Full Service Brick and Mortar
    2289981Hoskins Branch112 South Main, Hoskins, NE 68740August 06, 1996Full Service Brick and Mortar
    3360192Hy-Vee Branch120 East Norfolk Avenue, Norfolk, NE 68701May 07, 2001Full Service Retail
    4431462Pierce Branch118 East Main, Pierce, NE 68767August 26, 2004Full Service Brick and Mortar
    5440213Elkhorn Valley Bank & Trust, West Branch2401 Taylor Avenue, Norfolk, NE 68701May 09, 2005Full Service Brick and Mortar
    6480299Hyvee West Branch2107 Taylor Avenue, Norfolk, NE 68701August 18, 2008Full Service Retail

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