FDIC Certificate #: 22490 Status: Inactive Closing history: Consolidated - Without Assistance Acquiring institution:Wells Fargo Bank Wyoming, National Association (#2210) Federal Reserve ID: 549657 Date Established: July 11, 1977 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Interstate: No) OTS Docket #: 11244 FDIC's unique #: 15683 Numeric code: 13 Regulator: FED Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: July 11, 1977 Last Structure Change Effective Date: May 15, 1999 Last Structure Change Process Date: June 04, 1999 Last Data Update: June 04, 1999 Data Source Date: April 05, 2012
Location
Address: 616 North Federal Boulevard, Riverton, WY 82501 County: Fremont Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Billings Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Riverton, WY (#40180) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $59.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
25Total employees (full-time equivalent)
$61,896Total assets
$12,886Cash and due from depository institutions
$9,457Interest-bearing balances
$8,633Securities
$0Federal funds sold & reverse repurchase agreements
$36,729Net loans & leases
$670Loan loss allowance
$0Trading account assets
$1,882Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,766All other assets
$61,896Total liabilities and capital
$56,301Total liabilities
$55,372Total deposits
$43,439Interest-bearing deposits
$55,372Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$110Other borrowed funds
$0Subordinated debt
$819All other liabilities
$5,595Total equity capital
$5,595Total bank equity capital
$5,595Perpetual preferred stock
$0Common stock
$400Surplus
$2,600Undivided profits
Memoranda
$2,595Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,001Earning assets
$0Long-term assets (5+ years)
$602Average Assets, year-to-date
$54,819Average Assets, quarterly
$2,600Volatile liabilities
$61,154Insider loans
$61,156FHLB advances
$10,597Loans and leases held for sale
$1,911Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$122Total risk weighted assets
$6,479Total unused commitments
$0Restructured Loans and leases
$41,714Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$4,786Total interest income
$1,990Total interest expense
$2,796Net interest income
$281Provision for loan and lease losses
$454Total noninterest income
$0Fiduciary activities
$300Service charges on deposit accounts
$0Trading account gains & fees
$154Additional noninterest income
$1,909Total noninterest expense
$1,091Salaries and employee benefits
$287Premises and equipment expense
$531Additional noninterest expense
$1,060Pre-tax net operating income
$0Securities gains (losses)
$355Applicable income taxes
$705Income before extraordinary items
$0Extraordinary gains - net
$705Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$110Sale, conversion, retirement of capital stock, net
$80Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.84%Yield on earning assets
3.68%Cost of funding earning assets
5.16%Net interest margin
0.84%Noninterest income to earning assets
3.53%Noninterest expense to earning assets
1.15%Net operating income to assets
1.15%Return on assets (ROA)
1.73%Pretax return on assets
13.17%Return on equity (ROE)
11.68%Retained earnings to average equity (YTD only)
0.29%Net charge-offs to loans
255.45%Credit loss provision to net charge-offs
12.19%Efficiency ratio
58,738Assets per employee
2.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
11.35%Loss allowance to loans
1.79%Loss allowance to noncurrent loans
66.93%Noncurrent assets plus other real estate owned to assets
1.62%Noncurrent loans to loans
2.68%Net loans and leases to deposits
66.33%Net loans and leases to core deposits
82.03%Equity capital to assets
9.04%Core capital (leverage) ratio
9.01%Tier 1 risk-based capital ratio
13.41%Total risk-based capital ratio
Memoranda
$15Average assets
$61,154Average earning assets
$5,352Average equity
$54,134Average loans
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