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

First State Bank - Overview

  • General
  • FDIC Certificate #: 16333
    Status: Active
    Federal Reserve ID: 172859
    Bank Holding Company (Regulatory Top Holder): Loomis Company (RSSDID: 1058071, Location: Omaha, NE)
    Date Established: October 22, 1945
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 10517
    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: November 05, 1945
    Last Structure Change Effective Date: April 20, 2006
    Last Structure Change Process Date: June 06, 2006
    Last Data Update: June 06, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 211 Commercial St., Loomis, NE 68958
    County: Phelps
    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
  • Change in Location
    Office Purchased
  • Financial Summary
  • Total assets: $89.9 mil
    Equity capital: $9.1 mil
    Deposits held in domestic offices: $75.8 mil
    Return on assets (ROA): 1.43% ($1.3 mil)
    Quarterly return on assets: 1.36% ($1.2 mil)
    Return on Equity (ROE): 13.62% ($1.2 mil)
    Quarterly return on equity: 12.77% ($1.1 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 2.17% ($1,950.4 mil)
    Quarterly Pretax return on assets: 2.06% ($1,851.5 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
  • 17Total employees (full-time equivalent)
  • $89,880Total assets
  • $8,714Cash and due from depository institutions
  • $3,920Interest-bearing balances
  • $10,554Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $66,127Net loans & leases
  • $807Loan loss allowance
  • $0Trading account assets
  • $731Bank premises and fixed assets
  • $0Other real estate owned
  • $1,714Goodwill and other intangibles
  • $89,880Life insurance assets
  • $2,040All other assets
  • $80,746Total liabilities and capital
  • $75,838Total liabilities
  • $61,674Total deposits
  • $75,838Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,550Trading liabilities
  • $0Other borrowed funds
  • $358Subordinated debt
  • $9,134All other liabilities
  • $9,134Total equity capital
  • $9,134Total bank equity capital
  • $0Perpetual preferred stock
  • $210Common stock
  • $4,240Surplus
  • $4,684Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $84Income earned, not collected on loans
  • $0Earning assets
  • $1,287Long-term assets (5+ years)
  • $80,601Average Assets, year-to-date
  • $9,900Average Assets, quarterly
  • $87,133Volatile liabilities
  • $88,267Insider loans
  • $69,500FHLB advances
  • $85,538Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,329Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $28,811Restructured Loans and leases
  • $2,919Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,292Total interest income
  • $757Total interest expense
  • $3,535Net interest income
  • $79Provision for loan and lease losses
  • $669Total noninterest income
  • $0Fiduciary activities
  • $283Service charges on deposit accounts
  • $0Trading account gains & fees
  • $386Additional noninterest income
  • $2,232Total noninterest expense
  • $1,376Salaries and employee benefits
  • $161Premises and equipment expense
  • $695Additional noninterest expense
  • $1,893Pre-tax net operating income
  • $0Securities gains (losses)
  • $646Applicable income taxes
  • $1,247Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,247Net income attributable to bank
  • $0Net charge-offs
  • $1,247Cash dividends
  • $7Sale, conversion, retirement of capital stock, net
  • $800Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.44%Yield on earning assets
  • 0.96%Cost of funding earning assets
  • 4.48%Net interest margin
  • 0.85%Noninterest income to earning assets
  • 2.83%Noninterest expense to earning assets
  • 1.43%Net operating income to assets
  • 1.43%Return on assets (ROA)
  • 2.17%Pretax return on assets
  • 13.62%Return on equity (ROE)
  • 4.88%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 1128.57%Credit loss provision to net charge-offs
  • 281.71%Efficiency ratio
  • 52,854Assets per employee
  • 5.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 64.15%Loss allowance to loans
  • 1.21%Loss allowance to noncurrent loans
  • 960.71%Noncurrent assets plus other real estate owned to assets
  • 0.09%Noncurrent loans to loans
  • 0.13%Net loans and leases to deposits
  • 87.20%Net loans and leases to core deposits
  • 91.81%Equity capital to assets
  • 10.16%Core capital (leverage) ratio
  • 8.57%Tier 1 risk-based capital ratio
  • 10.55%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $87,133Average earning assets
  • $9,154Average equity
  • $78,835Average loans

List of branches

  • 2 Nebraska Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010517First State Bank211 Commercial St., Loomis, NE 68958October 22, 1945Full Service Brick and Mortar
    18041620 West Main Street Branch620 West Main Street, Alma, NE 68920January 01, 1900Full Service Brick and Mortar

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