Pinnacle Bank, National Association in Ogallala, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 27, 2000

Pinnacle Bank, National Association in Ogallala, Nebraska (NE)
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Pinnacle Bank, National Association - Overview

General
FDIC Certificate #: 14245
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Pinnacle Bank (#10634)
Federal Reserve ID: 523750
Date Established: April 16, 1934
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
OTS Docket #: 13239
FDIC's unique #: 8894
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: April 16, 1934
Last Structure Change Effective Date: May 27, 2000
Last Structure Change Process Date: June 01, 2000
Last Data Update: June 01, 2000
Data Source Date: April 05, 2012
Location
Address: 201 East A Street, Ogallala, NE 69153
County: Keith
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
Financial Summary
Total assets: $117.7 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
36Total employees (full-time equivalent)
$117,561Total assets
$3,195Cash and due from depository institutions
$191Interest-bearing balances
$41,171Securities
$2,993Federal funds sold & reverse repurchase agreements
$60,860Net loans & leases
$1,473Loan loss allowance
$0Trading account assets
$868Bank premises and fixed assets
$127Other real estate owned
$6,019Goodwill and other intangibles
$0Life insurance assets
$2,328All other assets
$117,561Total liabilities and capital
$99,518Total liabilities
$89,819Total deposits
$80,945Interest-bearing deposits
$89,819Deposits held in domestic offices
0.00%% insured (estimated)
$7,254Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,633Other borrowed funds
$0Subordinated debt
$812All other liabilities
$18,043Total equity capital
$18,043Total bank equity capital
$18,043Perpetual preferred stock
$0Common stock
$700Surplus
$17,724Undivided profits
Memoranda
$-381Noncurrent loans and leases
$13,415Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2Earning assets
$0Long-term assets (5+ years)
$1,239Average Assets, year-to-date
$105,215Average Assets, quarterly
$19,081Volatile liabilities
$120,395Insider loans
$118,966FHLB advances
$16,506Loans and leases held for sale
$683Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$13,415Total unused commitments
$111Restructured Loans and leases
$930Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$8,178Total interest income
$3,872Total interest expense
$4,306Net interest income
$165Provision for loan and lease losses
$543Total noninterest income
$0Fiduciary activities
$352Service charges on deposit accounts
$0Trading account gains & fees
$191Additional noninterest income
$3,372Total noninterest expense
$1,233Salaries and employee benefits
$325Premises and equipment expense
$1,814Additional noninterest expense
$1,312Pre-tax net operating income
$3Securities gains (losses)
$529Applicable income taxes
$786Income before extraordinary items
$0Extraordinary gains - net
$786Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$7Sale, conversion, retirement of capital stock, net
$420Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.57%Yield on earning assets
3.58%Cost of funding earning assets
3.98%Net interest margin
0.50%Noninterest income to earning assets
3.12%Noninterest expense to earning assets
0.65%Net operating income to assets
0.65%Return on assets (ROA)
1.09%Pretax return on assets
4.28%Return on equity (ROE)
1.99%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
-2357.14%Credit loss provision to net charge-offs
0.00%Efficiency ratio
51,660Assets per employee
3.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
53.44%Loss allowance to loans
2.36%Loss allowance to noncurrent loans
73650.00%Noncurrent assets plus other real estate owned to assets
0.11%Noncurrent loans to loans
0.00%Net loans and leases to deposits
67.76%Net loans and leases to core deposits
75.54%Equity capital to assets
15.35%Core capital (leverage) ratio
11.14%Tier 1 risk-based capital ratio
16.91%Total risk-based capital ratio
Memoranda
$18Average assets
$120,395Average earning assets
$18,364Average equity
$108,099Average loans

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