First Western Bank, National Association - Overview
General
FDIC Certificate #: 5378 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Great Western Bank (#15289) Federal Reserve ID: 399656 Date Established: November 02, 1901 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) OTS Docket #: 15902 FDIC's unique #: 3628 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 01, 2002 Last Structure Change Process Date: April 02, 2002 Last Data Update: April 02, 2002 Data Source Date: April 05, 2012
Location
Address: State And Williams Streets, Atkinson, NE 68713 County: Holt Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Sioux City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
Financial Summary
Total assets: $65.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
19Total employees (full-time equivalent)
$65,707Total assets
$2,980Cash and due from depository institutions
$26Interest-bearing balances
$13,317Securities
$5,600Federal funds sold & reverse repurchase agreements
$40,460Net loans & leases
$637Loan loss allowance
$0Trading account assets
$1,711Bank premises and fixed assets
$30Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,609All other assets
$65,707Total liabilities and capital
$59,076Total liabilities
$58,558Total deposits
$51,491Interest-bearing deposits
$58,558Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$518All other liabilities
$6,631Total equity capital
$6,631Total bank equity capital
$6,631Perpetual preferred stock
$0Common stock
$100Surplus
$100Undivided profits
Memoranda
$6,431Noncurrent loans and leases
$11,662Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$247Earning assets
$0Long-term assets (5+ years)
$1,125Average Assets, year-to-date
$59,403Average Assets, quarterly
$10,315Volatile liabilities
$65,441Insider loans
$64,298FHLB advances
$9,501Loans and leases held for sale
$3,337Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$11,662Total unused commitments
$19Restructured Loans and leases
$547Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$5,108Total interest income
$2,604Total interest expense
$2,504Net interest income
$0Provision for loan and lease losses
$209Total noninterest income
$0Fiduciary activities
$179Service charges on deposit accounts
$0Trading account gains & fees
$30Additional noninterest income
$1,657Total noninterest expense
$791Salaries and employee benefits
$236Premises and equipment expense
$630Additional noninterest expense
$1,056Pre-tax net operating income
$77Securities gains (losses)
-$158Applicable income taxes
$1,291Income before extraordinary items
$0Extraordinary gains - net
$1,291Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$52Sale, conversion, retirement of capital stock, net
$1,980Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.47%Yield on earning assets
4.32%Cost of funding earning assets
4.15%Net interest margin
0.35%Noninterest income to earning assets
2.75%Noninterest expense to earning assets
1.86%Net operating income to assets
1.97%Return on assets (ROA)
1.73%Pretax return on assets
18.50%Return on equity (ROE)
-9.87%Retained earnings to average equity (YTD only)
0.12%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
20.31%Efficiency ratio
61,076Assets per employee
3.46%Cash dividends to net income (YTD only)
Condition Ratios (%)
153.37%Loss allowance to loans
1.55%Loss allowance to noncurrent loans
257.89%Noncurrent assets plus other real estate owned to assets
0.42%Noncurrent loans to loans
0.60%Net loans and leases to deposits
69.09%Net loans and leases to core deposits
82.48%Equity capital to assets
10.09%Core capital (leverage) ratio
9.74%Tier 1 risk-based capital ratio
14.36%Total risk-based capital ratio
Memoranda
$16Average assets
$65,441Average earning assets
$6,978Average equity
$60,317Average loans
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 Western Bank, National Association.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: