FDIC Certificate #: 34995 Status: Active Federal Reserve ID: 2726050 Bank Holding Company (Regulatory Top Holder): Central Bancshares, Inc. (RSSDID: 1050495, Location: Cambridge, NE) Date Established: January 04, 1999 WWW:http://www.firstcentral.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 73817 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: January 04, 1999 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: 904 North Highway 83, Mccook, NE 69001 County: Red Willow 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $81.2 mil Equity capital: $7.7 mil Deposits held in domestic offices: $69.5 mil Return on assets (ROA): 1.06% ($0.9 mil) Quarterly return on assets: 1.00% ($0.8 mil) Return on Equity (ROE): 11.37% ($0.9 mil) Quarterly return on equity: 10.51% ($0.8 mil) Net income: $0.8 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.48% ($1,202.2 mil) Quarterly Pretax return on assets: 1.58% ($1,283.4 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
19Total employees (full-time equivalent)
$81,229Total assets
$2,818Cash and due from depository institutions
$2,001Interest-bearing balances
$8,293Securities
$6,500Federal funds sold & reverse repurchase agreements
$60,317Net loans & leases
$858Loan loss allowance
$0Trading account assets
$1,145Bank premises and fixed assets
$156Other real estate owned
$0Goodwill and other intangibles
$81,229Life insurance assets
$2,000All other assets
$73,531Total liabilities and capital
$69,488Total liabilities
$61,269Total deposits
$69,488Interest-bearing deposits
$84Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,675Trading liabilities
$0Other borrowed funds
$368Subordinated debt
$7,698All other liabilities
$7,698Total equity capital
$7,698Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$3,000Surplus
$4,198Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,456Income earned, not collected on loans
$0Earning assets
$1,305Long-term assets (5+ years)
$77,111Average Assets, year-to-date
$25,537Average Assets, quarterly
$79,512Volatile liabilities
$80,319Insider loans
$67,892FHLB advances
$81,411Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,667Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$13,381Restructured Loans and leases
$1,296Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,587Total interest income
$1,238Total interest expense
$3,349Net interest income
$575Provision for loan and lease losses
$428Total noninterest income
$0Fiduciary activities
$343Service charges on deposit accounts
$0Trading account gains & fees
$85Additional noninterest income
$2,027Total noninterest expense
$1,150Salaries and employee benefits
$203Premises and equipment expense
$674Additional noninterest expense
$1,175Pre-tax net operating income
$0Securities gains (losses)
$332Applicable income taxes
$843Income before extraordinary items
$0Extraordinary gains - net
$843Net income attributable to bank
$0Net charge-offs
$843Cash dividends
$452Sale, conversion, retirement of capital stock, net
$174Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.06%Yield on earning assets
1.64%Cost of funding earning assets
4.43%Net interest margin
0.57%Noninterest income to earning assets
2.68%Noninterest expense to earning assets
1.06%Net operating income to assets
1.06%Return on assets (ROA)
1.48%Pretax return on assets
11.37%Return on equity (ROE)
9.02%Retained earnings to average equity (YTD only)
0.74%Net charge-offs to loans
127.21%Credit loss provision to net charge-offs
3.87%Efficiency ratio
53,667Assets per employee
4.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
20.64%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
58.93%Noncurrent assets plus other real estate owned to assets
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