First State Bank in city_name, state_name - Detailed Financial Reports, Location

First State Bank in Farnam, Nebraska (NE)
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First State Bank routing number info

First State Bank - Overview

General
FDIC Certificate #: 12244
Status: Active
Federal Reserve ID: 488756
Bank Holding Company (Regulatory Top Holder): Nebraska Bankshares, Inc. (RSSDID: 1054765, Location: Farnam, NE)
Date Established: July 26, 1904
WWW: http://www.1ststatebank4me.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 15666
FDIC's unique #: 7783
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: January 17, 2009
Last Structure Change Process Date: Febuary 26, 2009
Last Data Update: Febuary 26, 2009
Data Source Date: April 05, 2012
Location
Address: 222 Main Street, Farnam, NE 69029
County: Dawson
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): Lexington, NE (#30420)
CBSA Micro Statistical Area: Yes
History of Changes
Participated in Absorption/Consolidation/Merger
Name Change
Financial Summary
Total assets: $45.7 mil
Equity capital: $8.7 mil
Deposits held in domestic offices: $30.9 mil
Return on assets (ROA): 1.04% ($0.5 mil)
Quarterly return on assets: 2.26% ($1.0 mil)
Return on Equity (ROE): 5.52% ($0.5 mil)
Quarterly return on equity: 11.87% ($1.1 mil)
Net income: $0.5 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.04% ($475.3 mil)
Quarterly Pretax return on assets: 2.26% ($1,032.9 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
18Total employees (full-time equivalent)
$45,705Total assets
$5,542Cash and due from depository institutions
$4,311Interest-bearing balances
$12,732Securities
$85Federal funds sold & reverse repurchase agreements
$23,562Net loans & leases
$522Loan loss allowance
$0Trading account assets
$474Bank premises and fixed assets
$0Other real estate owned
$2,083Goodwill and other intangibles
$45,705Life insurance assets
$1,227All other assets
$37,036Total liabilities and capital
$30,929Total liabilities
$25,841Total deposits
$30,929Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,000Trading liabilities
$0Other borrowed funds
$107Subordinated debt
$8,669All other liabilities
$8,669Total equity capital
$8,669Total bank equity capital
$0Perpetual preferred stock
$325Common stock
$5,875Surplus
$2,469Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$146Income earned, not collected on loans
$0Earning assets
$475Long-term assets (5+ years)
$40,690Average Assets, year-to-date
$9,514Average Assets, quarterly
$45,766Volatile liabilities
$45,581Insider loans
$29,163FHLB advances
$43,392Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,557Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,516Restructured Loans and leases
$57Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,978Total interest income
$412Total interest expense
$1,566Net interest income
$50Provision for loan and lease losses
$514Total noninterest income
$0Fiduciary activities
$125Service charges on deposit accounts
$0Trading account gains & fees
$389Additional noninterest income
$1,616Total noninterest expense
$959Salaries and employee benefits
$128Premises and equipment expense
$529Additional noninterest expense
$414Pre-tax net operating income
$60Securities gains (losses)
$0Applicable income taxes
$474Income before extraordinary items
$0Extraordinary gains - net
$474Net income attributable to bank
$0Net charge-offs
$474Cash dividends
$126Sale, conversion, retirement of capital stock, net
$200Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.92%Yield on earning assets
1.03%Cost of funding earning assets
3.90%Net interest margin
1.28%Noninterest income to earning assets
4.02%Noninterest expense to earning assets
0.90%Net operating income to assets
1.04%Return on assets (ROA)
1.04%Pretax return on assets
5.52%Return on equity (ROE)
3.19%Retained earnings to average equity (YTD only)
0.52%Net charge-offs to loans
39.68%Credit loss provision to net charge-offs
3.68%Efficiency ratio
77,692Assets per employee
2.54%Cash dividends to net income (YTD only)
Condition Ratios (%)
42.19%Loss allowance to loans
2.17%Loss allowance to noncurrent loans
357.53%Noncurrent assets plus other real estate owned to assets
0.54%Noncurrent loans to loans
0.61%Net loans and leases to deposits
76.18%Net loans and leases to core deposits
78.23%Equity capital to assets
18.97%Core capital (leverage) ratio
15.11%Tier 1 risk-based capital ratio
22.48%Total risk-based capital ratio
Memoranda
$24Average assets
$45,766Average earning assets
$8,586Average equity
$40,175Average loans

List of branches

3 Nebraska Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7783	First State Bank	222 Main Street, Farnam, NE 69029	July 26, 1904	Full Service Brick and Mortar
1	281715	First State Bank Branch	618 Patterson St, Cambridge, NE 69022	January 28, 1954	Full Service Brick and Mortar
2	442572	First State Bank Branch	123 Center Ave, Holbrook, NE 68948	December 06, 2005	Full Service Brick and Mortar

First State Bank in Farnam, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First State Bank in Farnam, Nebraska (NE)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First State Bank in Farnam, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches