Mid City Bank, Inc. in Omaha, Nebraska (NE)



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Mid City Bank, Inc. routing number info

Table of contents:
Mid City Bank, Inc.
GeneralFDIC 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
LocationAddress: 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 SummaryTotal 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)
Total employees (full-time equivalent)56
Total assets$178,175
Cash and due from depository institutions$40,627
Interest-bearing balances$33,188
Securities$42,942
Federal funds sold & reverse repurchase agreements$4,000
Net loans & leases$76,465
Loan loss allowance $14,854
Trading account assets$0
Bank premises and fixed assets$5,362
Other real estate owned$6,665
Goodwill and other intangibles$0
All other assets$2,114
Life insurance assets$497
Total liabilities and capital$178,175
Total liabilities$172,597
Total deposits$172,201
Interest-bearing deposits$147,735
Deposits held in domestic offices$172,201
% insured (estimated)90.30%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $396
Total equity capital$5,578
Total bank equity capital$5,578
Perpetual preferred stock$5,578
Common stock$0
Surplus$510
Undivided profits $37,227
Memoranda
Noncurrent loans and leases $-32,159
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $3,523
Income earned, not collected on loans $0
Earning assets $23,163
Long-term assets (5+ years) $0
Average Assets, year-to-date $724
Average Assets, quarterly $156,595
Volatile liabilities $66,671
Insider loans $205,201
FHLB advances $191,690
Loans and leases held for sale $30,700
Unused loan commitments $199
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $3,523
Restructured Loans and leases $108
Derivatives$1,489
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Income and Expense (December 31, 2010)
(Dollar figures in thousands)
Total interest income $8,141
Total interest expense $2,303
Net interest income $5,838
Provision for loan and lease losses $18,526
Total noninterest income -$3,071
Fiduciary activities $0
Service charges on deposit accounts $371
Trading account gains & fees $688
Additional noninterest income -$4,130
Total noninterest expense $17,313
Salaries and employee benefits $2,690
Premises and equipment expense $1,640
Additional noninterest expense $12,983
Pre-tax net operating income -$33,072
Securities gains (losses) $154
Applicable income taxes -$8,368
Income before extraordinary items -$24,550
Extraordinary gains - net $0
Net income attributable to bank -$24,550
Net charge-offs $0
Cash dividends -$24,550
Sale, conversion, retirement of capital stock, net $7,768
Net operating income $0
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Performance and Condition Ratios (December 31, 2010)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.63%
Cost of funding earning assets 1.31%
Net interest margin 3.32%
Noninterest income to earning assets -1.74%
Noninterest expense to earning assets 9.84%
Net operating income to assets -12.02%
Return on assets (ROA) -11.96%
Pretax return on assets -16.04%
Return on equity (ROE) -121.23%
Retained earnings to average equity (YTD only) -121.23%
Net charge-offs to loans 7.80%
Credit loss provision to net charge-offs 238.49%
Efficiency ratio-1.87%
Assets per employee$625,696
Cash dividends to net income (YTD only)3.18%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 16.27%
Noncurrent assets plus other real estate owned to assets 64.13%
Noncurrent loans to loans 16.74%
Net loans and leases to deposits25.36%
Net loans and leases to core deposits 44.40%
Equity capital to assets 54.04%
Core capital (leverage) ratio 3.13%
Tier 1 risk-based capital ratio 3.03%
Total risk-based capital ratio 5.76%
Memoranda
Average assets$7
Average earning assets$205,201
Average equity $20,251
Average loans $175,996
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