First State Bank & Trust Company in Fremont, Nebraska (NE)



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First State Bank & Trust Company routing number info

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First State Bank & Trust Company
GeneralFDIC 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
WWW: http://www.firststatebankandtrust.com
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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)53
Total assets$219,058
Cash and due from depository institutions$47,375
Interest-bearing balances$39,995
Securities$22,843
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$132,803
Loan loss allowance $2,711
Trading account assets$0
Bank premises and fixed assets$4,163
Other real estate owned$4,923
Goodwill and other intangibles$0
All other assets$6,951
Life insurance assets$219,058
Total liabilities and capital$199,490
Total liabilities$190,179
Total deposits$168,707
Interest-bearing deposits$190,179
Deposits held in domestic offices$93
% insured (estimated)7483.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $1,828
All other liabilities $19,568
Total equity capital$19,568
Total bank equity capital$19,568
Perpetual preferred stock$0
Common stock$1,600
Surplus$4,900
Undivided profits $13,068
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $139
Income earned, not collected on loans $4,164
Earning assets $0
Long-term assets (5+ years) $1,152
Average Assets, year-to-date $195,641
Average Assets, quarterly $15,252
Volatile liabilities $208,753
Insider loans $214,745
FHLB advances $152,821
Loans and leases held for sale $215,362
Unused loan commitments $3,994
Tier 1 (core) risk-based capital $3,994
Tier 2 risk-based capital $18,874
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $24,968
Derivatives$7,478
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $9,384
Total interest expense $2,225
Net interest income $7,159
Provision for loan and lease losses $1,058
Total noninterest income $1,886
Fiduciary activities $135
Service charges on deposit accounts $841
Trading account gains & fees $0
Additional noninterest income $910
Total noninterest expense $5,639
Salaries and employee benefits $2,772
Premises and equipment expense $528
Additional noninterest expense $2,339
Pre-tax net operating income $2,348
Securities gains (losses) $0
Applicable income taxes $14
Income before extraordinary items $2,334
Extraordinary gains - net $0
Net income attributable to bank $2,334
Net charge-offs $0
Cash dividends $2,334
Sale, conversion, retirement of capital stock, net $468
Net operating income $567
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.00%
Cost of funding earning assets 1.19%
Net interest margin 3.81%
Noninterest income to earning assets 1.00%
Noninterest expense to earning assets 3.00%
Net operating income to assets 1.12%
Return on assets (ROA) 1.12%
Pretax return on assets 1.12%
Return on equity (ROE) 12.46%
Retained earnings to average equity (YTD only) 9.44%
Net charge-offs to loans 0.34%
Credit loss provision to net charge-offs 226.07%
Efficiency ratio7.28%
Assets per employee$62,344
Cash dividends to net income (YTD only)4.13%
Condition Ratios (%)
Loss allowance to loans 24.29%
Loss allowance to noncurrent loans 2.00%
Noncurrent assets plus other real estate owned to assets 65.11%
Noncurrent loans to loans 4.15%
Net loans and leases to deposits3.07%
Net loans and leases to core deposits 69.83%
Equity capital to assets 73.38%
Core capital (leverage) ratio 8.93%
Tier 1 risk-based capital ratio 8.76%
Total risk-based capital ratio 12.35%
Memoranda
Average assets$14
Average earning assets$208,753
Average equity $18,726
Average loans $187,691
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$54,353
Number of Accounts1
Personal trust and agency accounts$21,296
Employee benefit-defined contribution accounts$13,559
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$7,737
Non-managed Assets$0
Number of Accounts88
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$33,057
Corporate trust and agency accounts$0
Other fiduciary accounts$31,504
Fiduciary accounts held in foreign offices$1,553
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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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