Midwest Bank National Association in city_name, state_name - Detailed Financial Reports, Location

Midwest Bank National Association in Pierce, Nebraska (NE)
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Midwest Bank National Association routing number info

Midwest Bank National Association - Overview

General
FDIC Certificate #: 13255
Status: Active
Federal Reserve ID: 669555
Bank Holding Company (Regulatory Top Holder): Midwest Banc Holding Co. (RSSDID: 1064652, Location: Pierce, NE)
Date Established: January 01, 1882
WWW: http://www.midwestbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 9 (Domestic: 9, Interstate: No)
OTS Docket #: 15702
FDIC's unique #: 8387
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 101 West Main Street, Pierce, NE 68767
County: Pierce
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Norfolk, NE (#35740)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $477.7 mil
Equity capital: $51.2 mil
Deposits held in domestic offices: $399.5 mil
Return on assets (ROA): 1.19% ($5.7 mil)
Quarterly return on assets: 1.41% ($6.7 mil)
Return on Equity (ROE): 11.40% ($5.8 mil)
Quarterly return on equity: 13.30% ($6.8 mil)
Net income: $5.5 mil
Quarterly Net income: $1.7 mil
Pretax return on assets: 1.65% ($7,881.9 mil)
Quarterly Pretax return on assets: 2.00% ($9,553.8 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, 2011)

Dollar figures in thousands
119Total employees (full-time equivalent)
$477,691Total assets
$29,871Cash and due from depository institutions
$17,201Interest-bearing balances
$92,183Securities
$0Federal funds sold & reverse repurchase agreements
$331,237Net loans & leases
$5,147Loan loss allowance
$0Trading account assets
$10,044Bank premises and fixed assets
$962Other real estate owned
$1,892Goodwill and other intangibles
$477,691Life insurance assets
$11,502All other assets
$426,443Total liabilities and capital
$399,536Total liabilities
$382,118Total deposits
$399,536Interest-bearing deposits
$88Deposits held in domestic offices
4428.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$20,632Trading liabilities
$0Other borrowed funds
$1,847Subordinated debt
$51,248All other liabilities
$51,248Total equity capital
$51,248Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$11,313Surplus
$38,935Undivided profits
Memoranda
$0Noncurrent loans and leases
$1,911Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$53Income earned, not collected on loans
$30Earning assets
$5,885Long-term assets (5+ years)
$440,621Average Assets, year-to-date
$76,332Average Assets, quarterly
$460,184Volatile liabilities
$475,234Insider loans
$363,169FHLB advances
$469,778Loans and leases held for sale
$398Unused loan commitments
$398Tier 1 (core) risk-based capital
$47,862Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$102,076Restructured Loans and leases
$13,752Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$22,028Total interest income
$4,708Total interest expense
$17,320Net interest income
$300Provision for loan and lease losses
$2,494Total noninterest income
$0Fiduciary activities
$1,048Service charges on deposit accounts
$0Trading account gains & fees
$1,446Additional noninterest income
$11,918Total noninterest expense
$7,785Salaries and employee benefits
$1,185Premises and equipment expense
$2,948Additional noninterest expense
$7,596Pre-tax net operating income
$12Securities gains (losses)
$2,144Applicable income taxes
$5,464Income before extraordinary items
$0Extraordinary gains - net
$5,464Net income attributable to bank
$0Net charge-offs
$5,464Cash dividends
$27Sale, conversion, retirement of capital stock, net
$1,026Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.11%Yield on earning assets
1.09%Cost of funding earning assets
4.02%Net interest margin
0.58%Noninterest income to earning assets
2.77%Noninterest expense to earning assets
1.19%Net operating income to assets
1.19%Return on assets (ROA)
1.65%Pretax return on assets
11.40%Return on equity (ROE)
9.26%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
1111.11%Credit loss provision to net charge-offs
292.44%Efficiency ratio
60,149Assets per employee
4.01%Cash dividends to net income (YTD only)
Condition Ratios (%)
18.78%Loss allowance to loans
1.53%Loss allowance to noncurrent loans
9711.32%Noncurrent assets plus other real estate owned to assets
0.21%Noncurrent loans to loans
0.02%Net loans and leases to deposits
82.91%Net loans and leases to core deposits
89.12%Equity capital to assets
10.73%Core capital (leverage) ratio
10.19%Tier 1 risk-based capital ratio
13.18%Total risk-based capital ratio
Memoranda
$14Average assets
$460,184Average earning assets
$47,912Average equity
$430,772Average loans

List of branches

9 Nebraska Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	8387	Midwest Bank National Association	101 West Main Street, Pierce, NE 68767	January 01, 1882	Full Service Brick and Mortar
2	3642	Creighton Branch	606 Main Street, Creighton, NE 68729	December 23, 1930	Full Service Brick and Mortar
3	12593	Deshler Branch	Main Street, Deshler, NE 68340	July 01, 1932	Full Service Brick and Mortar
4	3701	Pilger Branch	Main Street, Pilger, NE 68768	January 01, 1900	Full Service Brick and Mortar
5	5315	Plainview Branch	Main Street, Plainview, NE 68769	October 28, 1928	Full Service Brick and Mortar
6	429660	York Branch	105 West Elm Street, York, NE 68467	December 10, 2003	Full Service Brick and Mortar
7	450368	Norfolk Branch	2501 Benjamin Avenue, Norfolk, NE 68702	March 13, 2006	Full Service Brick and Mortar
8	494734	Lincoln Branch	2655 Jamie Lane, Lincoln, NE 68512	August 17, 2009	Full Service Brick and Mortar
9	508651	Midwest Bank, National Association	506 S. 13th Street, Norfolk, NE 68702	March 11, 2010	Full Service Brick and Mortar

Midwest Bank National Association in Pierce, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

Midwest Bank National Association - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Midwest Bank National Association in Pierce, Nebraska (NE)Overview, Financial Summary, Detailed Financial Reports, Branches

Midwest Bank National Association - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Midwest Bank National Association in Pierce, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches