First State Bank & Trust Company in Fremont, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 17639
    Status: Active
    Federal Reserve ID: 1155
    Bank Holding Company (Regulatory Top Holder): First State Fremont, Inc. (RSSDID: 1247231, Location: Fremont, NE)
    Date Established: July 30, 1956
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 13449
    FDIC's unique #: 11606
    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: July 30, 1956
    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: 1005 East 23rd Street, Fremont, NE 68025
    County: Dodge
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Omaha
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Combined Statistical Area (CSA): Omaha-Council Bluffs-Fremont, NE-IA (#420)
    Core Based Statistical Area (CBSA): Fremont, NE (#23340)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $219.1 mil
    Equity capital: $19.6 mil
    Deposits held in domestic offices: $190.2 mil
    Return on assets (ROA): 1.12% ($2.5 mil)
    Quarterly return on assets: 1.18% ($2.6 mil)
    Return on Equity (ROE): 12.46% ($2.5 mil)
    Quarterly return on equity: 12.98% ($2.6 mil)
    Net income: $2.3 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.12% ($2,453.4 mil)
    Quarterly Pretax return on assets: 1.22% ($2,672.5 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
  • 53Total employees (full-time equivalent)
  • $219,058Total assets
  • $47,375Cash and due from depository institutions
  • $39,995Interest-bearing balances
  • $22,843Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $132,803Net loans & leases
  • $2,711Loan loss allowance
  • $0Trading account assets
  • $4,163Bank premises and fixed assets
  • $4,923Other real estate owned
  • $0Goodwill and other intangibles
  • $219,058Life insurance assets
  • $6,951All other assets
  • $199,490Total liabilities and capital
  • $190,179Total liabilities
  • $168,707Total deposits
  • $190,179Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 7483.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,828Subordinated debt
  • $19,568All other liabilities
  • $19,568Total equity capital
  • $19,568Total bank equity capital
  • $0Perpetual preferred stock
  • $1,600Common stock
  • $4,900Surplus
  • $13,068Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $139Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,164Income earned, not collected on loans
  • $0Earning assets
  • $1,152Long-term assets (5+ years)
  • $195,641Average Assets, year-to-date
  • $15,252Average Assets, quarterly
  • $208,753Volatile liabilities
  • $214,745Insider loans
  • $152,821FHLB advances
  • $215,362Loans and leases held for sale
  • $3,994Unused loan commitments
  • $3,994Tier 1 (core) risk-based capital
  • $18,874Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $24,968Restructured Loans and leases
  • $7,478Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,384Total interest income
  • $2,225Total interest expense
  • $7,159Net interest income
  • $1,058Provision for loan and lease losses
  • $1,886Total noninterest income
  • $135Fiduciary activities
  • $841Service charges on deposit accounts
  • $0Trading account gains & fees
  • $910Additional noninterest income
  • $5,639Total noninterest expense
  • $2,772Salaries and employee benefits
  • $528Premises and equipment expense
  • $2,339Additional noninterest expense
  • $2,348Pre-tax net operating income
  • $0Securities gains (losses)
  • $14Applicable income taxes
  • $2,334Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,334Net income attributable to bank
  • $0Net charge-offs
  • $2,334Cash dividends
  • $468Sale, conversion, retirement of capital stock, net
  • $567Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.00%Yield on earning assets
  • 1.19%Cost of funding earning assets
  • 3.81%Net interest margin
  • 1.00%Noninterest income to earning assets
  • 3.00%Noninterest expense to earning assets
  • 1.12%Net operating income to assets
  • 1.12%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 12.46%Return on equity (ROE)
  • 9.44%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 226.07%Credit loss provision to net charge-offs
  • 7.28%Efficiency ratio
  • 62,344Assets per employee
  • 4.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 24.29%Loss allowance to loans
  • 2.00%Loss allowance to noncurrent loans
  • 65.11%Noncurrent assets plus other real estate owned to assets
  • 4.15%Noncurrent loans to loans
  • 3.07%Net loans and leases to deposits
  • 69.83%Net loans and leases to core deposits
  • 73.38%Equity capital to assets
  • 8.93%Core capital (leverage) ratio
  • 8.76%Tier 1 risk-based capital ratio
  • 12.35%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $208,753Average earning assets
  • $18,726Average equity
  • $187,691Average 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
  • $54,353Managed Assets
  • 1Number of Accounts
  • $21,296Personal trust and agency accounts
  • $13,559Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $7,737Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 88Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $33,057Other retirement accounts
  • $0Corporate trust and agency accounts
  • $31,504Other fiduciary accounts
  • $1,553Fiduciary accounts held in foreign offices

List of branches

  • 4 Nebraska Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011606First State Bank & Trust Company1005 East 23rd Street, Fremont, NE 68025July 30, 1956Full Service Brick and Mortar
    2242405Parkview Office Branch1965 East Military Avenue, Fremont, NE 68025November 25, 1974Full Service Brick and Mortar
    3242406Downtown Office Branch225 North Main Street, Fremont, NE 68025November 21, 1988Full Service Brick and Mortar
    4242407Walmart Office Branch3010 East 23rd Avenue North, Fremont, NE 68025March 06, 2000Full Service Retail

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