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

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Minden Exchange Bank & Trust Company.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents