Minden Exchange Bank & Trust Company in Minden, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches


Minden Exchange Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 5439
    Status: Active
    Federal Reserve ID: 456054
    Bank Holding Company (Regulatory Top Holder): Armstrong Financial Co. (RSSDID: 2540283, Location: Minden, NE)
    Date Established: September 01, 1883
    WWW: http://www.mindenexchange.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 3682
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    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: 448 North Minden Avenue, Minden, NE 68959
    County: Kearney
    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): Kearney, NE (#28260)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $136.3 mil
    Equity capital: $20.2 mil
    Deposits held in domestic offices: $108.8 mil
    Return on assets (ROA): 1.06% ($1.4 mil)
    Quarterly return on assets: 0.76% ($1.0 mil)
    Return on Equity (ROE): 7.35% ($1.5 mil)
    Quarterly return on equity: 5.07% ($1.0 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.54% ($2,099.5 mil)
    Quarterly Pretax return on assets: 1.51% ($2,058.6 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
  • 25Total employees (full-time equivalent)
  • $136,329Total assets
  • $11,229Cash and due from depository institutions
  • $10,132Interest-bearing balances
  • $63,565Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $55,516Net loans & leases
  • $1,891Loan loss allowance
  • $0Trading account assets
  • $756Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $136,329Life insurance assets
  • $5,263All other assets
  • $116,170Total liabilities and capital
  • $108,826Total liabilities
  • $92,492Total deposits
  • $108,826Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 6486.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $858Subordinated debt
  • $20,159All other liabilities
  • $20,159Total equity capital
  • $20,159Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $8,000Surplus
  • $11,159Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $32Income earned, not collected on loans
  • $0Earning assets
  • $1,402Long-term assets (5+ years)
  • $129,213Average Assets, year-to-date
  • $33,127Average Assets, quarterly
  • $135,043Volatile liabilities
  • $134,232Insider loans
  • $75,488FHLB advances
  • $135,940Loans and leases held for sale
  • $1,663Unused loan commitments
  • $1,663Tier 1 (core) risk-based capital
  • $19,542Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $22,391Restructured Loans and leases
  • $261Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,278Total interest income
  • $972Total interest expense
  • $4,306Net interest income
  • $0Provision for loan and lease losses
  • $634Total noninterest income
  • $55Fiduciary activities
  • $444Service charges on deposit accounts
  • $0Trading account gains & fees
  • $135Additional noninterest income
  • $2,915Total noninterest expense
  • $1,740Salaries and employee benefits
  • $489Premises and equipment expense
  • $686Additional noninterest expense
  • $2,025Pre-tax net operating income
  • $51Securities gains (losses)
  • $648Applicable income taxes
  • $1,428Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,428Net income attributable to bank
  • $0Net charge-offs
  • $1,428Cash dividends
  • -$85Sale, conversion, retirement of capital stock, net
  • $301Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.11%Yield on earning assets
  • 0.76%Cost of funding earning assets
  • 3.36%Net interest margin
  • 0.49%Noninterest income to earning assets
  • 2.27%Noninterest expense to earning assets
  • 1.03%Net operating income to assets
  • 1.06%Return on assets (ROA)
  • 1.54%Pretax return on assets
  • 7.35%Return on equity (ROE)
  • 5.80%Retained earnings to average equity (YTD only)
  • -0.13%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 59,008Assets per employee
  • 5.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 21.08%Loss allowance to loans
  • 3.29%Loss allowance to noncurrent loans
  • 5909.38%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.06%Net loans and leases to deposits
  • 51.01%Net loans and leases to core deposits
  • 52.04%Equity capital to assets
  • 14.79%Core capital (leverage) ratio
  • 14.38%Tier 1 risk-based capital ratio
  • 25.89%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $135,043Average earning assets
  • $19,416Average equity
  • $128,342Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $13,928Managed Assets
  • 1Number of Accounts
  • $9,324Personal trust and agency accounts
  • $9,262Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $62Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 199Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $4,604Other retirement accounts
  • $1,538Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,617Fiduciary accounts held in foreign offices

List of branches

  • 2 Nebraska Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03682Minden Exchange Bank & Trust Company448 North Minden Avenue, Minden, NE 68959September 01, 1883Full Service Brick and Mortar
    1207694Upland BranchMain Street, Upland, NE 68981October 03, 1983Full Service Brick and Mortar

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