FDIC Certificate #: 57106 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Heritage Bank (#17145) Federal Reserve ID: 2940191 Date Established: January 18, 2001 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) FDIC's unique #: 357875 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 18, 2001 Last Structure Change Effective Date: October 19, 2002 Last Structure Change Process Date: October 30, 2002 Last Data Update: October 30, 2002 Data Source Date: April 05, 2012
Location
Address: 605 6th Street, Doniphan, NE 68832 County: Hall Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Grand Island Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Grand Island, NE (#24260) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $5.5 mil
Assets and Liabilities (December 31, 2001)
Dollar figures in thousands
3Total employees (full-time equivalent)
$4,383Total assets
$69Cash and due from depository institutions
$0Interest-bearing balances
$0Securities
$492Federal funds sold & reverse repurchase agreements
$3,641Net loans & leases
$77Loan loss allowance
$0Trading account assets
$27Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$154All other assets
$4,383Total liabilities and capital
$2,348Total liabilities
$2,342Total deposits
$2,060Interest-bearing deposits
$2,342Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$6All other liabilities
$2,035Total equity capital
$2,035Total bank equity capital
$2,035Perpetual preferred stock
$0Common stock
$50Surplus
$1,950Undivided profits
Memoranda
$35Noncurrent loans and leases
$1,030Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3Earning assets
$0Long-term assets (5+ years)
$94Average Assets, year-to-date
$4,133Average Assets, quarterly
$312Volatile liabilities
$4,069Insider loans
$4,231FHLB advances
$100Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,030Total unused commitments
$0Restructured Loans and leases
$46Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$327Total interest income
$65Total interest expense
$262Net interest income
$77Provision for loan and lease losses
$22Total noninterest income
$0Fiduciary activities
$17Service charges on deposit accounts
$0Trading account gains & fees
$5Additional noninterest income
$172Total noninterest expense
$92Salaries and employee benefits
$32Premises and equipment expense
$48Additional noninterest expense
$35Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$35Income before extraordinary items
$0Extraordinary gains - net
$35Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.61%Yield on earning assets
1.71%Cost of funding earning assets
6.90%Net interest margin
0.58%Noninterest income to earning assets
4.53%Noninterest expense to earning assets
0.86%Net operating income to assets
0.86%Return on assets (ROA)
0.86%Pretax return on assets
1.72%Return on equity (ROE)
1.72%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
60,563Assets per employee
1.46%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.07%Loss allowance to noncurrent loans
2566.67%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.08%Net loans and leases to deposits
155.47%Net loans and leases to core deposits
162.40%Equity capital to assets
46.43%Core capital (leverage) ratio
48.10%Tier 1 risk-based capital ratio
54.09%Total risk-based capital ratio
Memoranda
$55Average assets
$4,069Average earning assets
$2,033Average equity
$3,799Average loans
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