Firstate Bank in Kimball, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 05, 2001

Firstate Bank in Kimball, Nebraska (NE)
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Firstate Bank - Overview

General
FDIC Certificate #: 17994
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Compass Bank (#19048)
Federal Reserve ID: 163156
Date Established: Febuary 01, 1958
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 11925
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: May 04, 1959
Last Structure Change Effective Date: January 05, 2001
Last Structure Change Process Date: January 10, 2001
Last Data Update: January 10, 2001
Data Source Date: April 05, 2012
Location
Address: 115 South Walnut, Kimball, NE 69145
County: Kimball
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Dallas
FDIC Field Office: Grand Island
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $92.9 mil

1992 - 1999 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, 2000)

Dollar figures in thousands
16Total employees (full-time equivalent)
$92,892Total assets
$3,430Cash and due from depository institutions
$18Interest-bearing balances
$16,224Securities
$12,250Federal funds sold & reverse repurchase agreements
$57,998Net loans & leases
$987Loan loss allowance
$0Trading account assets
$169Bank premises and fixed assets
$19Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,802All other assets
$92,892Total liabilities and capital
$84,168Total liabilities
$81,239Total deposits
$65,243Interest-bearing deposits
$81,239Deposits held in domestic offices
0.00%% insured (estimated)
$1,872Federal funds purchased & repurchase agreements
$0Trading liabilities
$196Other borrowed funds
$0Subordinated debt
$861All other liabilities
$8,724Total equity capital
$8,724Total bank equity capital
$8,724Perpetual preferred stock
$0Common stock
$600Surplus
$3,400Undivided profits
Memoranda
$4,724Noncurrent loans and leases
$8,999Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$124Earning assets
$0Long-term assets (5+ years)
$1,432Average Assets, year-to-date
$86,490Average Assets, quarterly
$5,155Volatile liabilities
$84,023Insider loans
$87,198FHLB advances
$12,362Loans and leases held for sale
$27Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,999Total unused commitments
$0Restructured Loans and leases
$848Derivatives

Income and Expense (December 31, 2000)

Dollar figures in thousands
$7,185Total interest income
$3,177Total interest expense
$4,008Net interest income
$68Provision for loan and lease losses
$276Total noninterest income
$0Fiduciary activities
$195Service charges on deposit accounts
$0Trading account gains & fees
$81Additional noninterest income
$1,940Total noninterest expense
$1,225Salaries and employee benefits
$140Premises and equipment expense
$575Additional noninterest expense
$2,276Pre-tax net operating income
$4Securities gains (losses)
$605Applicable income taxes
$1,675Income before extraordinary items
$0Extraordinary gains - net
$1,675Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$13Sale, conversion, retirement of capital stock, net
$1,289Net operating income

Performance and Condition Ratios (December 31, 2000)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.18%Yield on earning assets
4.06%Cost of funding earning assets
5.12%Net interest margin
0.35%Noninterest income to earning assets
2.48%Noninterest expense to earning assets
1.99%Net operating income to assets
1.99%Return on assets (ROA)
2.71%Pretax return on assets
20.70%Return on equity (ROE)
4.77%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
523.08%Credit loss provision to net charge-offs
180.31%Efficiency ratio
45,285Assets per employee
5.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
76.96%Loss allowance to loans
1.67%Loss allowance to noncurrent loans
795.97%Noncurrent assets plus other real estate owned to assets
0.15%Noncurrent loans to loans
0.21%Net loans and leases to deposits
71.39%Net loans and leases to core deposits
81.75%Equity capital to assets
9.39%Core capital (leverage) ratio
9.96%Tier 1 risk-based capital ratio
12.69%Total risk-based capital ratio
Memoranda
$14Average assets
$84,023Average earning assets
$8,093Average equity
$78,240Average loans

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