Equitable Bank in Grand Island, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Equitable Bank in Grand Island, Nebraska (NE)
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Equitable Bank - Overview

  • General
  • FDIC Certificate #: 31485
    Status: Active
    Federal Reserve ID: 81175
    Date Established: January 01, 1890
    WWW: http://www.equitableonline.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 7056
    FDIC's unique #: 44319
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 30, 1965
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 113 N Locust St, Grand Island, NE 68801
    County: Hall
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Grand Island
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Grand Island, NE (#24260)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $168.2 mil
    Equity capital: $17.0 mil
    Deposits held in domestic offices: $127.5 mil
    Return on assets (ROA): -0.16% (-$0.3 mil)
    Quarterly return on assets: 0.35% ($0.6 mil)
    Return on Equity (ROE): -1.65% (-$0.3 mil)
    Quarterly return on equity: 3.46% ($0.6 mil)
    Net income: -$0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: -0.28% (-$471.0 mil)
    Quarterly Pretax return on assets: 0.49% ($824.3 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
  • 58Total employees (full-time equivalent)
  • $168,220Total assets
  • $16,717Cash and due from depository institutions
  • $9,481Interest-bearing balances
  • $3,912Securities
  • $500Federal funds sold & reverse repurchase agreements
  • $130,290Net loans & leases
  • $2,244Loan loss allowance
  • $0Trading account assets
  • $5,847Bank premises and fixed assets
  • $1,770Other real estate owned
  • $395Goodwill and other intangibles
  • $168,220Life insurance assets
  • $8,789All other assets
  • $151,259Total liabilities and capital
  • $127,473Total liabilities
  • $113,053Total deposits
  • $127,473Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 1166.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $21,805Trading liabilities
  • $0Other borrowed funds
  • $815Subordinated debt
  • $16,961All other liabilities
  • $16,961Total equity capital
  • $16,961Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $8,984Surplus
  • $7,977Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,566Income earned, not collected on loans
  • $0Earning assets
  • $926Long-term assets (5+ years)
  • $144,183Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $174,540Volatile liabilities
  • $167,497Insider loans
  • $137,145FHLB advances
  • $165,612Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,353Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $18,149Restructured Loans and leases
  • $1,103Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,655Total interest income
  • $2,370Total interest expense
  • $5,285Net interest income
  • $1,577Provision for loan and lease losses
  • $1,895Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,895Additional noninterest income
  • $6,227Total noninterest expense
  • $3,104Salaries and employee benefits
  • $1,473Premises and equipment expense
  • $1,650Additional noninterest expense
  • -$624Pre-tax net operating income
  • $128Securities gains (losses)
  • -$215Applicable income taxes
  • -$281Income before extraordinary items
  • $0Extraordinary gains - net
  • -$281Net income attributable to bank
  • $0Net charge-offs
  • -$281Cash dividends
  • $1,731Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.00%Yield on earning assets
  • 1.55%Cost of funding earning assets
  • 3.45%Net interest margin
  • 1.24%Noninterest income to earning assets
  • 4.07%Noninterest expense to earning assets
  • -0.21%Net operating income to assets
  • -0.16%Return on assets (ROA)
  • -0.28%Pretax return on assets
  • -1.65%Return on equity (ROE)
  • -1.65%Retained earnings to average equity (YTD only)
  • 1.28%Net charge-offs to loans
  • 91.10%Credit loss provision to net charge-offs
  • 0.55%Efficiency ratio
  • 86,727Assets per employee
  • 2.90%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.69%Loss allowance to noncurrent loans
  • 143.30%Noncurrent assets plus other real estate owned to assets
  • 1.98%Noncurrent loans to loans
  • 1.18%Net loans and leases to deposits
  • 102.21%Net loans and leases to core deposits
  • 102.63%Equity capital to assets
  • 10.08%Core capital (leverage) ratio
  • 8.67%Tier 1 risk-based capital ratio
  • 10.47%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $174,540Average earning assets
  • $17,009Average equity
  • $152,977Average loans

List of branches

  • 6 Nebraska Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    044319Equitable Bank113 N Locust St, Grand Island, NE 68801January 01, 1890Full Service Brick and Mortar
    2285091619 North Diers Avenue Branch619 North Diers Avenue, Grand Island, NE 68803January 01, 1890Full Service Brick and Mortar
    101464017West Dodge Road Branch10855 W Dodge Rd, Omaha, NE 68154May 15, 2006Full Service Brick and Mortar
    102464019South Jeffers Branch920 South Jeffers, North Platte, NE 69101August 15, 2005Full Service Brick and Mortar
    103492462Locust St Branch113 N Locust Street, Grand Island, NE 68801July 01, 2007Limited Service Facility
    104499268South Locust Street Branch3012 South Locust Street, Grand Island, NE 68801October 01, 2006Limited Service Facility

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