Mid City Bank, Inc. in Omaha, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 04, 2011

Mid City Bank, Inc. - Overview

  • General
  • FDIC Certificate #: 19397
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: Premier Bank (#12493)
    Federal Reserve ID: 63359
    Date Established: March 29, 1965
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    FDIC's unique #: 13202
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 29, 1965
    Last Structure Change Effective Date: November 04, 2011
    Last Structure Change Process Date: November 07, 2011
    Last Data Update: November 07, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 304 South 42nd Street, Omaha, NE 68131
    County: Douglas
    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
    Metropolitan Statistical Area (MSA): Omaha, NE-IA (#5920)
    Combined Statistical Area (CSA): Omaha-Council Bluffs-Fremont, NE-IA (#420)
    Core Based Statistical Area (CBSA): Omaha-Council Bluffs, NE-IA (#36540)
    CBSA Metro Statistical Area: Omaha-Council Bluffs, NE-IA (#36540)
  • Financial Summary
  • Total assets: $106.1 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, 2010)

  • Dollar figures in thousands
  • 56Total employees (full-time equivalent)
  • $178,175Total assets
  • $40,627Cash and due from depository institutions
  • $33,188Interest-bearing balances
  • $42,942Securities
  • $4,000Federal funds sold & reverse repurchase agreements
  • $76,465Net loans & leases
  • $14,854Loan loss allowance
  • $0Trading account assets
  • $5,362Bank premises and fixed assets
  • $6,665Other real estate owned
  • $0Goodwill and other intangibles
  • $497Life insurance assets
  • $2,114All other assets
  • $178,175Total liabilities and capital
  • $172,597Total liabilities
  • $172,201Total deposits
  • $147,735Interest-bearing deposits
  • $172,201Deposits held in domestic offices
  • 90.30%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $396All other liabilities
  • $5,578Total equity capital
  • $5,578Total bank equity capital
  • $5,578Perpetual preferred stock
  • $0Common stock
  • $510Surplus
  • $37,227Undivided profits
  • Memoranda
  • $-32,159Noncurrent loans and leases
  • $3,523Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $23,163Earning assets
  • $0Long-term assets (5+ years)
  • $724Average Assets, year-to-date
  • $156,595Average Assets, quarterly
  • $66,671Volatile liabilities
  • $205,201Insider loans
  • $191,690FHLB advances
  • $30,700Loans and leases held for sale
  • $199Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,523Total unused commitments
  • $108Restructured Loans and leases
  • $1,489Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $8,141Total interest income
  • $2,303Total interest expense
  • $5,838Net interest income
  • $18,526Provision for loan and lease losses
  • -$3,071Total noninterest income
  • $0Fiduciary activities
  • $371Service charges on deposit accounts
  • $688Trading account gains & fees
  • -$4,130Additional noninterest income
  • $17,313Total noninterest expense
  • $2,690Salaries and employee benefits
  • $1,640Premises and equipment expense
  • $12,983Additional noninterest expense
  • -$33,072Pre-tax net operating income
  • $154Securities gains (losses)
  • -$8,368Applicable income taxes
  • -$24,550Income before extraordinary items
  • $0Extraordinary gains - net
  • -$24,550Net income attributable to bank
  • $0Net charge-offs
  • -$24,550Cash dividends
  • $7,768Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.63%Yield on earning assets
  • 1.31%Cost of funding earning assets
  • 3.32%Net interest margin
  • -1.74%Noninterest income to earning assets
  • 9.84%Noninterest expense to earning assets
  • -12.02%Net operating income to assets
  • -11.96%Return on assets (ROA)
  • -16.04%Pretax return on assets
  • -121.23%Return on equity (ROE)
  • -121.23%Retained earnings to average equity (YTD only)
  • 7.80%Net charge-offs to loans
  • 238.49%Credit loss provision to net charge-offs
  • -1.87%Efficiency ratio
  • 625,696Assets per employee
  • 3.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 16.27%Loss allowance to noncurrent loans
  • 64.13%Noncurrent assets plus other real estate owned to assets
  • 16.74%Noncurrent loans to loans
  • 25.36%Net loans and leases to deposits
  • 44.40%Net loans and leases to core deposits
  • 54.04%Equity capital to assets
  • 3.13%Core capital (leverage) ratio
  • 3.03%Tier 1 risk-based capital ratio
  • 5.76%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $205,201Average earning assets
  • $20,251Average equity
  • $175,996Average loans

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