Platte Valley Bank in Scottsbluff, Nebraska (NE)



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Platte Valley Bank routing number info

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Platte Valley Bank
GeneralFDIC Certificate #: 34211
Status: Active
Federal Reserve ID: 2465881
Bank Holding Company (Regulatory Top Holder): Platte Valley Financial Service Companies, Inc. (RSSDID: 2511014, Location: Scottsbluff, NE)
Date Established: July 22, 1996
WWW: http://www.pvbankne.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 6 (Domestic: 6, Interstate: No)
OTS Docket #: 14184
FDIC's unique #: 56969
Numeric code: 13
Regulator: FED
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: July 22, 1996
Last Structure Change Effective Date: March 31, 2008
Last Structure Change Process Date: April 10, 2008
Last Data Update: April 10, 2008
Data Source Date: April 05, 2012
LocationAddress: 1212 Circle Drive, Scottsbluff, NE 69361
County: Scotts Bluff
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): Scottsbluff, NE (#42420)
CBSA Micro Statistical Area: Yes
History of ChangesName Change
Change in Primary Regulatory Agency
Change in Supervisory Agency
Financial SummaryTotal assets: $393.2 mil
Equity capital: $36.4 mil
Deposits held in domestic offices: $340.8 mil
Return on assets (ROA): 1.06% ($4.2 mil)
Quarterly return on assets: 0.84% ($3.3 mil)
Return on Equity (ROE): 11.54% ($4.2 mil)
Quarterly return on equity: 8.95% ($3.2 mil)
Net income: $4.1 mil
Quarterly Net income: $0.8 mil
Pretax return on assets: 1.57% ($6,172.6 mil)
Quarterly Pretax return on assets: 1.32% ($5,189.7 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)
Total employees (full-time equivalent)109
Total assets$393,161
Cash and due from depository institutions$28,188
Interest-bearing balances$18,461
Securities$31,716
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$311,674
Loan loss allowance $4,135
Trading account assets$0
Bank premises and fixed assets$4,916
Other real estate owned$876
Goodwill and other intangibles$396
All other assets$15,395
Life insurance assets$393,161
Total liabilities and capital$356,754
Total liabilities$340,810
Total deposits$293,183
Interest-bearing deposits$340,810
Deposits held in domestic offices$85
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$11,000
Other borrowed funds $0
Subordinated debt $4,944
All other liabilities $36,407
Total equity capital$36,407
Total bank equity capital$36,407
Perpetual preferred stock$0
Common stock$2
Surplus$23,116
Undivided profits $13,289
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $339
Income earned, not collected on loans $2,042
Earning assets $460
Long-term assets (5+ years) $2,551
Average Assets, year-to-date $361,851
Average Assets, quarterly $88,023
Volatile liabilities $384,825
Insider loans $389,312
FHLB advances $291,084
Loans and leases held for sale $386,547
Unused loan commitments $4,753
Tier 1 (core) risk-based capital $217
Tier 2 risk-based capital $35,992
Total risk weighted assets $0
Total unused commitments $4,536
Restructured Loans and leases $63,189
Derivatives$10,789
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $19,076
Total interest expense $3,744
Net interest income $15,332
Provision for loan and lease losses $1,788
Total noninterest income $2,676
Fiduciary activities $138
Service charges on deposit accounts $923
Trading account gains & fees $0
Additional noninterest income $1,615
Total noninterest expense $10,160
Salaries and employee benefits $6,384
Premises and equipment expense $1,254
Additional noninterest expense $2,522
Pre-tax net operating income $6,060
Securities gains (losses) $0
Applicable income taxes $1,988
Income before extraordinary items $4,072
Extraordinary gains - net $0
Net income attributable to bank $4,072
Net charge-offs $0
Cash dividends $4,072
Sale, conversion, retirement of capital stock, net $1,942
Net operating income $1,700
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.33%
Cost of funding earning assets 1.05%
Net interest margin 4.28%
Noninterest income to earning assets 0.75%
Noninterest expense to earning assets 2.84%
Net operating income to assets 1.06%
Return on assets (ROA) 1.06%
Pretax return on assets 1.57%
Return on equity (ROE) 11.54%
Retained earnings to average equity (YTD only) 6.72%
Net charge-offs to loans 0.63%
Credit loss provision to net charge-offs 92.07%
Efficiency ratio4.04%
Assets per employee$56,419
Cash dividends to net income (YTD only)3.61%
Condition Ratios (%)
Loss allowance to loans 41.75%
Loss allowance to noncurrent loans 1.31%
Noncurrent assets plus other real estate owned to assets 202.50%
Noncurrent loans to loans 0.74%
Net loans and leases to deposits0.65%
Net loans and leases to core deposits 91.45%
Equity capital to assets 97.73%
Core capital (leverage) ratio 9.26%
Tier 1 risk-based capital ratio 9.31%
Total risk-based capital ratio 12.36%
Memoranda
Average assets$14
Average earning assets$384,825
Average equity $35,279
Average loans $357,918
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$34,327
Number of Accounts1
Personal trust and agency accounts$18,410
Employee benefit-defined contribution accounts$12,963
Employee benefit-defined benefit accounts$5,435
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$12
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts177
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$15,917
Corporate trust and agency accounts$4,579
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$10,251
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6 Nebraska Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
056969Platte Valley Bank1212 Circle Drive, Scottsbluff, NE 69361July 22, 1996Full Service Brick and Mortar
1290471Plaza Branch710 Avenue B, Scottsbluff, NE 69361July 22, 1996Full Service Brick and Mortar
2290472Centennial Branch3011 Avenue B, Scottsbluff, NE 69361July 22, 1996Full Service Brick and Mortar
312766Minatare Branch323 Main Street, Minatare, NE 69356October 29, 1963Full Service Brick and Mortar
5290473Morrill Branch126 Center Avenue, Morrill, NE 69358November 10, 1999Full Service Brick and Mortar
6419601Bridgeport Branch1003 Main Street, Bridgeport, NE 69336March 17, 2003Full Service Brick and Mortar
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