FDIC Certificate #: 22202 Status: Inactive Closing history: Corrections Acquiring institution:1ST BANK (#16522) Federal Reserve ID: 15853 Date Established: January 05, 1976 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) FDIC's unique #: 15424 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: January 05, 1976 Last Structure Change Effective Date: March 22, 1999 Last Structure Change Process Date: March 23, 1999 Last Data Update: April 09, 1999 Data Source Date: April 05, 2012
Location
Address: 716 Pine Avenue, Kemmerer, WY 83101 County: Lincoln Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $34.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
20Total employees (full-time equivalent)
$34,802Total assets
$2,766Cash and due from depository institutions
$0Interest-bearing balances
$10,940Securities
$3,100Federal funds sold & reverse repurchase agreements
$16,958Net loans & leases
$192Loan loss allowance
$0Trading account assets
$695Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$343All other assets
$34,802Total liabilities and capital
$32,076Total liabilities
$31,954Total deposits
$25,663Interest-bearing deposits
$31,954Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$122All other liabilities
$2,726Total equity capital
$2,726Total bank equity capital
$2,726Perpetual preferred stock
$0Common stock
$450Surplus
$900Undivided profits
Memoranda
$1,376Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$140Earning assets
$0Long-term assets (5+ years)
$180Average Assets, year-to-date
$30,998Average Assets, quarterly
$1,715Volatile liabilities
$34,427Insider loans
$34,558FHLB advances
$3,349Loans and leases held for sale
$47Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,126Total unused commitments
$0Restructured Loans and leases
$19,956Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$2,639Total interest income
$1,076Total interest expense
$1,563Net interest income
$31Provision for loan and lease losses
$277Total noninterest income
$0Fiduciary activities
$242Service charges on deposit accounts
$0Trading account gains & fees
$35Additional noninterest income
$1,152Total noninterest expense
$692Salaries and employee benefits
$120Premises and equipment expense
$340Additional noninterest expense
$657Pre-tax net operating income
$0Securities gains (losses)
$67Applicable income taxes
$590Income before extraordinary items
-$3Extraordinary gains - net
$587Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$9Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.61%Yield on earning assets
3.51%Cost of funding earning assets
5.10%Net interest margin
0.90%Noninterest income to earning assets
3.76%Noninterest expense to earning assets
1.71%Net operating income to assets
1.71%Return on assets (ROA)
1.90%Pretax return on assets
24.78%Return on equity (ROE)
24.78%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
344.44%Credit loss provision to net charge-offs
76.44%Efficiency ratio
62,609Assets per employee
1.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
137.14%Noncurrent assets plus other real estate owned to assets
0.40%Noncurrent loans to loans
0.82%Net loans and leases to deposits
53.07%Net loans and leases to core deposits
59.28%Equity capital to assets
7.83%Core capital (leverage) ratio
7.22%Tier 1 risk-based capital ratio
13.19%Total risk-based capital ratio
Memoranda
$14Average assets
$34,427Average earning assets
$2,369Average equity
$30,662Average loans
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