FDIC Certificate #: 34109 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Great Western Bank (#15289) Federal Reserve ID: 2359878 Date Established: December 26, 1995 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) OTS Docket #: 14271 FDIC's unique #: 56251 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: December 26, 1995 Last Structure Change Effective Date: March 30, 2001 Last Structure Change Process Date: April 24, 2001 Last Data Update: April 24, 2001 Data Source Date: April 05, 2012
Location
Address: 418 South Minnesota Avenue, Sioux Falls, SD 57102 County: Minnehaha Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Sioux Falls Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Sioux Falls, SD (#7760) Core Based Statistical Area (CBSA): Sioux Falls, SD (#43620) CBSA Metro Statistical Area: Sioux Falls, SD (#43620)
Financial Summary
Total assets: $39.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
23Total employees (full-time equivalent)
$39,613Total assets
$2,332Cash and due from depository institutions
$600Interest-bearing balances
$9,523Securities
$4,925Federal funds sold & reverse repurchase agreements
$20,162Net loans & leases
$448Loan loss allowance
$0Trading account assets
$1,588Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,083All other assets
$39,613Total liabilities and capital
$37,347Total liabilities
$36,401Total deposits
$29,226Interest-bearing deposits
$36,401Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$400Other borrowed funds
$0Subordinated debt
$546All other liabilities
$2,266Total equity capital
$2,266Total bank equity capital
$2,266Perpetual preferred stock
$0Common stock
$1,000Surplus
$2,500Undivided profits
Memoranda
$-1,234Noncurrent loans and leases
$3,093Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$386Earning assets
$0Long-term assets (5+ years)
$177Average Assets, year-to-date
$35,210Average Assets, quarterly
$4,502Volatile liabilities
$39,885Insider loans
$39,025FHLB advances
$2,961Loans and leases held for sale
$1,192Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$464Total risk weighted assets
$3,093Total unused commitments
$0Restructured Loans and leases
$279Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$2,966Total interest income
$1,576Total interest expense
$1,390Net interest income
$287Provision for loan and lease losses
$552Total noninterest income
$0Fiduciary activities
$218Service charges on deposit accounts
$0Trading account gains & fees
$334Additional noninterest income
$2,615Total noninterest expense
$1,145Salaries and employee benefits
$412Premises and equipment expense
$1,058Additional noninterest expense
-$960Pre-tax net operating income
-$130Securities gains (losses)
-$404Applicable income taxes
-$686Income before extraordinary items
$0Extraordinary gains - net
-$686Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$152Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.49%Yield on earning assets
4.51%Cost of funding earning assets
3.98%Net interest margin
1.58%Noninterest income to earning assets
7.49%Noninterest expense to earning assets
-1.51%Net operating income to assets
-1.72%Return on assets (ROA)
-2.73%Pretax return on assets
-27.96%Return on equity (ROE)
-27.96%Retained earnings to average equity (YTD only)
0.68%Net charge-offs to loans
188.82%Credit loss provision to net charge-offs
-4.43%Efficiency ratio
134,655Assets per employee
1.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.17%Loss allowance to noncurrent loans
116.06%Noncurrent assets plus other real estate owned to assets
0.97%Noncurrent loans to loans
1.87%Net loans and leases to deposits
55.39%Net loans and leases to core deposits
60.29%Equity capital to assets
5.72%Core capital (leverage) ratio
4.19%Tier 1 risk-based capital ratio
7.04%Total risk-based capital ratio
Memoranda
$8Average assets
$39,885Average earning assets
$2,453Average equity
$34,923Average loans
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