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


  • First State Bank in Scottsbluff, Nebraska (NE), CO
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First State Bank - Overview

  • General
  • FDIC Certificate #: 15586
    Status: Active
    Federal Reserve ID: 744256
    Bank Holding Company (Regulatory Top Holder): First State Bancshares, Inc. (RSSDID: 1057850, Location: Scottsbluff, NE)
    Date Established: September 12, 1935
    WWW: http://www.fsbcentral.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: Yes)
    OTS Docket #: 9363
    FDIC's unique #: 9873
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 05, 1938
    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: 2002 Broadway, Scottsbluff, NE 69361
    County: Scotts Bluff
    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): Scottsbluff, NE (#42420)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $215.2 mil
    Equity capital: $19.6 mil
    Deposits held in domestic offices: $184.9 mil
    Return on assets (ROA): 1.96% ($4.2 mil)
    Quarterly return on assets: 2.15% ($4.6 mil)
    Return on Equity (ROE): 22.07% ($4.4 mil)
    Quarterly return on equity: 24.04% ($4.8 mil)
    Net income: $4.3 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 2.01% ($4,324.6 mil)
    Quarterly Pretax return on assets: 2.19% ($4,711.8 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
  • 48Total employees (full-time equivalent)
  • $215,152Total assets
  • $21,043Cash and due from depository institutions
  • $17,125Interest-bearing balances
  • $28,403Securities
  • $2,395Federal funds sold & reverse repurchase agreements
  • $155,038Net loans & leases
  • $2,929Loan loss allowance
  • $0Trading account assets
  • $3,481Bank premises and fixed assets
  • $1,682Other real estate owned
  • $0Goodwill and other intangibles
  • $215,152Life insurance assets
  • $3,110All other assets
  • $195,602Total liabilities and capital
  • $184,909Total liabilities
  • $148,553Total deposits
  • $184,909Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,025Trading liabilities
  • $0Other borrowed funds
  • $668Subordinated debt
  • $19,550All other liabilities
  • $19,550Total equity capital
  • $19,550Total bank equity capital
  • $0Perpetual preferred stock
  • $2,500Common stock
  • $3,411Surplus
  • $13,639Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,782Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,237Income earned, not collected on loans
  • $0Earning assets
  • $1,081Long-term assets (5+ years)
  • $202,961Average Assets, year-to-date
  • $12,402Average Assets, quarterly
  • $216,936Volatile liabilities
  • $217,655Insider loans
  • $170,704FHLB advances
  • $212,678Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $19,385Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,505Restructured Loans and leases
  • $1,947Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,329Total interest income
  • $1,753Total interest expense
  • $8,576Net interest income
  • $1,200Provision for loan and lease losses
  • $2,176Total noninterest income
  • $0Fiduciary activities
  • $574Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,602Additional noninterest income
  • $5,222Total noninterest expense
  • $2,577Salaries and employee benefits
  • $513Premises and equipment expense
  • $2,132Additional noninterest expense
  • $4,330Pre-tax net operating income
  • $37Securities gains (losses)
  • $105Applicable income taxes
  • $4,262Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,262Net income attributable to bank
  • $0Net charge-offs
  • $4,262Cash dividends
  • $1,299Sale, conversion, retirement of capital stock, net
  • $3,800Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.07%Yield on earning assets
  • 0.86%Cost of funding earning assets
  • 4.21%Net interest margin
  • 1.07%Noninterest income to earning assets
  • 2.56%Noninterest expense to earning assets
  • 1.95%Net operating income to assets
  • 1.96%Return on assets (ROA)
  • 2.01%Pretax return on assets
  • 22.07%Return on equity (ROE)
  • 2.39%Retained earnings to average equity (YTD only)
  • 0.86%Net charge-offs to loans
  • 92.38%Credit loss provision to net charge-offs
  • 4.26%Efficiency ratio
  • 48,568Assets per employee
  • 4.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 89.16%Loss allowance to loans
  • 1.85%Loss allowance to noncurrent loans
  • 236.78%Noncurrent assets plus other real estate owned to assets
  • 1.36%Noncurrent loans to loans
  • 0.78%Net loans and leases to deposits
  • 83.85%Net loans and leases to core deposits
  • 89.65%Equity capital to assets
  • 9.09%Core capital (leverage) ratio
  • 9.11%Tier 1 risk-based capital ratio
  • 11.36%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $216,936Average earning assets
  • $19,309Average equity
  • $203,682Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $2,834Managed Assets
  • 1Number of Accounts
  • $2,834Personal trust and agency accounts
  • $2,834Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 3Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Colorado Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    218115First State Bk., Colorado Springs Branch1776 South Nevada Avenue, Colorado Springs, CO 80906July 01, 1976Full Service Brick and Mortar
  • 2 Nebraska Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09873First State Bank2002 Broadway, Scottsbluff, NE 69361September 12, 1935Full Service Brick and Mortar
    13680Tenth Street Branch1540 Tenth Street, Gering, NE 69341January 01, 1934Full Service Brick and Mortar

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