First State Bank in Wheatland, Wyoming (WY)

Show street view No street view available for this location

First State Bank routing number info

Table of contents:
First State Bank
GeneralFDIC Certificate #: 23318
Status: Active
Federal Reserve ID: 563756
Bank Holding Company (Regulatory Top Holder): Wheatland Bankshares, Inc. (RSSDID: 1136175, Location: Wheatland, WY)
Date Established: January 15, 1981
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 13827
FDIC's unique #: 16340
Numeric code: 13
Regulator: FED
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: January 15, 1981
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
LocationAddress: 1405 Sixteenth Street, Wheatland, WY 82201
County: Platte
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Billings
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $268.5 mil
Equity capital: $24.4 mil
Deposits held in domestic offices: $238.0 mil
Return on assets (ROA): 1.13% ($3.0 mil)
Quarterly return on assets: 1.13% ($3.0 mil)
Return on Equity (ROE): 13.44% ($3.2 mil)
Quarterly return on equity: 12.70% ($3.0 mil)
Net income: $3.1 mil
Quarterly Net income: $0.8 mil
Pretax return on assets: 1.71% ($4,591.3 mil)
Quarterly Pretax return on assets: 1.68% ($4,510.7 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)
Total employees (full-time equivalent)59
Total assets$268,495
Cash and due from depository institutions$13,887
Interest-bearing balances$6,758
Federal funds sold & reverse repurchase agreements$5,250
Net loans & leases$168,705
Loan loss allowance $2,844
Trading account assets$0
Bank premises and fixed assets$3,895
Other real estate owned$153
Goodwill and other intangibles$0
All other assets$6,172
Life insurance assets$268,495
Total liabilities and capital$244,141
Total liabilities$238,019
Total deposits$210,734
Interest-bearing deposits$238,019
Deposits held in domestic offices$83
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$5,703
Other borrowed funds $0
Subordinated debt $419
All other liabilities $24,354
Total equity capital$24,354
Total bank equity capital$24,354
Perpetual preferred stock$0
Common stock$300
Undivided profits $22,354
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $0
Long-term assets (5+ years) $2,364
Average Assets, year-to-date $251,146
Average Assets, quarterly $78,254
Volatile liabilities $271,972
Insider loans $270,087
FHLB advances $183,845
Loans and leases held for sale $269,543
Unused loan commitments $1,352
Tier 1 (core) risk-based capital $1,352
Tier 2 risk-based capital $24,139
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $30,909
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $12,657
Total interest expense $2,824
Net interest income $9,833
Provision for loan and lease losses $132
Total noninterest income $1,045
Fiduciary activities $0
Service charges on deposit accounts $442
Trading account gains & fees $0
Additional noninterest income $603
Total noninterest expense $6,164
Salaries and employee benefits $3,233
Premises and equipment expense $688
Additional noninterest expense $2,243
Pre-tax net operating income $4,582
Securities gains (losses) $74
Applicable income taxes $1,582
Income before extraordinary items $3,074
Extraordinary gains - net $0
Net income attributable to bank $3,074
Net charge-offs $0
Cash dividends $3,074
Sale, conversion, retirement of capital stock, net $58
Net operating income $600
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.95%
Cost of funding earning assets 1.10%
Net interest margin 3.84%
Noninterest income to earning assets 0.41%
Noninterest expense to earning assets 2.41%
Net operating income to assets 1.11%
Return on assets (ROA) 1.13%
Pretax return on assets 1.71%
Return on equity (ROE) 13.44%
Retained earnings to average equity (YTD only) 10.82%
Net charge-offs to loans 0.03%
Credit loss provision to net charge-offs 227.59%
Efficiency ratio81.28%
Assets per employee$56,665
Cash dividends to net income (YTD only)4.55%
Condition Ratios (%)
Loss allowance to loans 19.52%
Loss allowance to noncurrent loans 1.66%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.06%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 70.88%
Equity capital to assets 78.30%
Core capital (leverage) ratio 9.07%
Tier 1 risk-based capital ratio 8.96%
Total risk-based capital ratio 13.13%
Average assets$14
Average earning assets$271,972
Average equity $22,872
Average loans $255,789
Back to page top, Back to table top

3 Wyoming Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
016340First State Bank1405 Sixteenth Street, Wheatland, WY 82201January 15, 1981Full Service Brick and Mortar
1357308Torrington Branch1410 E. Valley Highway 26, Torrington, WY 82240July 01, 1999Full Service Brick and Mortar
2452187250 West Whalen Branch250 West Whalen, Guernsey, WY 82214July 03, 2006Full Service Brick and Mortar
Back to page top

User Contributions:

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


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First State Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.