Exchange Bank in Gibbon, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

Exchange Bank - Overview

  • General
  • FDIC Certificate #: 1435
    Status: Active
    Federal Reserve ID: 492650
    Bank Holding Company (Regulatory Top Holder): Exchange Company (RSSDID: 1061893, Location: Kearney, NE)
    Date Established: January 01, 1930
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 13868
    FDIC's unique #: 953
    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: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 02, 2011
    Last Structure Change Process Date: November 23, 2011
    Last Data Update: November 23, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 14 La Barre, Gibbon, NE 68840
    County: Buffalo
    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): Kearney, NE (#28260)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $389.1 mil
    Equity capital: $38.0 mil
    Deposits held in domestic offices: $301.7 mil
    Return on assets (ROA): 2.55% ($9.9 mil)
    Quarterly return on assets: 4.10% ($15.9 mil)
    Return on Equity (ROE): 27.39% ($10.4 mil)
    Quarterly return on equity: 42.72% ($16.2 mil)
    Net income: $6.4 mil
    Quarterly Net income: $3.1 mil
    Pretax return on assets: 2.61% ($10,154.5 mil)
    Quarterly Pretax return on assets: 4.20% ($16,340.5 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
  • 60Total employees (full-time equivalent)
  • $389,060Total assets
  • $10,642Cash and due from depository institutions
  • $420Interest-bearing balances
  • $106,309Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $250,913Net loans & leases
  • $4,102Loan loss allowance
  • $0Trading account assets
  • $4,571Bank premises and fixed assets
  • $555Other real estate owned
  • $0Goodwill and other intangibles
  • $389,061Life insurance assets
  • $16,070All other assets
  • $351,020Total liabilities and capital
  • $301,727Total liabilities
  • $283,452Total deposits
  • $301,727Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 1446.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $47,150Trading liabilities
  • $0Other borrowed funds
  • $697Subordinated debt
  • $38,041All other liabilities
  • $38,041Total equity capital
  • $38,041Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $33,504Surplus
  • $4,237Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,416Income earned, not collected on loans
  • $0Earning assets
  • $3,620Long-term assets (5+ years)
  • $357,642Average Assets, year-to-date
  • $108,798Average Assets, quarterly
  • $250,301Volatile liabilities
  • $306,281Insider loans
  • $303,810FHLB advances
  • $383,977Loans and leases held for sale
  • $7,306Unused loan commitments
  • $7,306Tier 1 (core) risk-based capital
  • $36,568Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $34,076Restructured Loans and leases
  • $3,482Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $19,528Total interest income
  • $5,456Total interest expense
  • $14,072Net interest income
  • $1,090Provision for loan and lease losses
  • $1,137Total noninterest income
  • $0Fiduciary activities
  • $279Service charges on deposit accounts
  • $0Trading account gains & fees
  • $858Additional noninterest income
  • $6,832Total noninterest expense
  • $3,598Salaries and employee benefits
  • $1,014Premises and equipment expense
  • $2,220Additional noninterest expense
  • $7,287Pre-tax net operating income
  • -$758Securities gains (losses)
  • $137Applicable income taxes
  • $6,392Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,392Net income attributable to bank
  • $0Net charge-offs
  • $6,392Cash dividends
  • $1,233Sale, conversion, retirement of capital stock, net
  • $1,650Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.43%Yield on earning assets
  • 2.36%Cost of funding earning assets
  • 6.07%Net interest margin
  • 0.49%Noninterest income to earning assets
  • 2.95%Noninterest expense to earning assets
  • 2.85%Net operating income to assets
  • 2.55%Return on assets (ROA)
  • 2.61%Pretax return on assets
  • 27.39%Return on equity (ROE)
  • 20.32%Retained earnings to average equity (YTD only)
  • 0.69%Net charge-offs to loans
  • 88.40%Credit loss provision to net charge-offs
  • 6.79%Efficiency ratio
  • 44,921Assets per employee
  • 6.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 25.81%Loss allowance to loans
  • 1.61%Loss allowance to noncurrent loans
  • 289.69%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 0.56%Net loans and leases to deposits
  • 83.16%Net loans and leases to core deposits
  • 89.63%Equity capital to assets
  • 9.78%Core capital (leverage) ratio
  • 9.52%Tier 1 risk-based capital ratio
  • 12.04%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $250,301Average earning assets
  • $23,340Average equity
  • $231,643Average loans

List of branches

  • 5 Nebraska Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0953Exchange Bank14 La Barre, Gibbon, NE 68840January 01, 1930Full Service Brick and Mortar
    1431147Exchange Bank, Grand Island Branch1204 Allen Drive, Grand Island, NE 68803June 28, 2004Full Service Brick and Mortar
    2479924Exchange Bank939 South Locust Street, Grand Island, NE 68801August 04, 2008Full Service Brick and Mortar
    355606Nebraska National Bank Branch3110 2nd Avenue, Kearney, NE 68848June 08, 1995Full Service Brick and Mortar
    4507028South Second Branch1502 South 2nd Avenue, Kearney, NE 68847Febuary 12, 2010Full Service Brick and Mortar

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