First National Bank, Norfolk in Norfolk, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 27, 1995

  • First National Bank, Norfolk in Norfolk, Nebraska (NE)
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First National Bank, Norfolk - Overview

  • General
  • FDIC Certificate #: 33862
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First National Bank & Trust Company of Columbus (#5393)
    Federal Reserve ID: 2130321
    Date Established: December 06, 1993
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 48170
    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: December 06, 1993
    Last Structure Change Effective Date: September 27, 1995
    Last Structure Change Process Date: October 23, 1995
    Last Data Update: October 23, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 1500 Market Lane, Norfolk, NE 68701
    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
  • Financial Summary
  • Total assets: $29.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $11Total assets
  • $18,815Cash and due from depository institutions
  • $1,972Interest-bearing balances
  • $1,000Securities
  • $575Federal funds sold & reverse repurchase agreements
  • $2,125Net loans & leases
  • $12,923Loan loss allowance
  • $162Trading account assets
  • $0Bank premises and fixed assets
  • $1,009Other real estate owned
  • $0Goodwill and other intangibles
  • $211Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $18,815Total liabilities
  • $16,686Total deposits
  • $16,519Interest-bearing deposits
  • $15,602Deposits held in domestic offices
  • 16519.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $167Total equity capital
  • $167Total bank equity capital
  • $2,129Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $1,500Undivided profits
  • Memoranda
  • $-371Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $96Income earned, not collected on loans
  • $117Earning assets
  • $16,623Long-term assets (5+ years)
  • $662Average Assets, year-to-date
  • $11,043Average Assets, quarterly
  • $16,944Volatile liabilities
  • $1,776Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $431Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,129Total risk weighted assets
  • $14,647Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $766Total interest expense
  • $392Net interest income
  • $374Provision for loan and lease losses
  • $213Total noninterest income
  • $31Fiduciary activities
  • $0Service charges on deposit accounts
  • $26Trading account gains & fees
  • $0Additional noninterest income
  • $5Total noninterest expense
  • $612Salaries and employee benefits
  • $254Premises and equipment expense
  • $117Additional noninterest expense
  • $241Pre-tax net operating income
  • -$420Securities gains (losses)
  • $0Applicable income taxes
  • -$155Income before extraordinary items
  • -$265Extraordinary gains - net
  • $0Net income attributable to bank
  • -$265Net charge-offs
  • $106Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.08%Cost of funding earning assets
  • 4.13%Net interest margin
  • 3.94%Noninterest income to earning assets
  • 0.33%Noninterest expense to earning assets
  • 6.46%Net operating income to assets
  • -2.40%Return on assets (ROA)
  • -2.40%Pretax return on assets
  • -3.80%Return on equity (ROE)
  • -11.81%Retained earnings to average equity (YTD only)
  • -11.81%Net charge-offs to loans
  • 1.72%Credit loss provision to net charge-offs
  • 200.94%Efficiency ratio
  • 151,111Assets per employee
  • 1.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.24%Loss allowance to noncurrent loans
  • 168.75%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 0.73%Net loans and leases to deposits
  • 78.23%Net loans and leases to core deposits
  • 87.66%Equity capital to assets
  • 11.32%Core capital (leverage) ratio
  • 12.28%Tier 1 risk-based capital ratio
  • 14.54%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $11,043Average earning assets
  • $2,245Average equity
  • $9,480Average loans

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