Spencer State Bank in Spencer, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Spencer State Bank in Spencer, Nebraska (NE)
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Spencer State Bank - Overview

  • General
  • FDIC Certificate #: 12249
    Status: Active
    Federal Reserve ID: 381754
    Date Established: December 10, 1922
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 7788
    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: 101 N Thayer St, Spencer, NE 68777
    County: Boyd
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $16.9 mil
    Equity capital: $2.0 mil
    Deposits held in domestic offices: $14.8 mil
    Return on assets (ROA): 0.16% ($0.0 mil)
    Quarterly return on assets: -0.15% (-$0.0 mil)
    Return on Equity (ROE): 1.32% ($0.0 mil)
    Quarterly return on equity: -1.17% (-$0.0 mil)
    Net income: $0.0 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.23% ($38.8 mil)
    Quarterly Pretax return on assets: -0.07% (-$11.8 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
  • 5Total employees (full-time equivalent)
  • $16,868Total assets
  • $5,588Cash and due from depository institutions
  • $4,562Interest-bearing balances
  • $4,164Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $6,645Net loans & leases
  • $273Loan loss allowance
  • $0Trading account assets
  • $59Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $16,868Life insurance assets
  • $412All other assets
  • $14,840Total liabilities and capital
  • $14,802Total liabilities
  • $10,789Total deposits
  • $14,802Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $38Subordinated debt
  • $2,028All other liabilities
  • $2,028Total equity capital
  • $2,028Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $650Surplus
  • $1,328Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $258Income earned, not collected on loans
  • $0Earning assets
  • $212Long-term assets (5+ years)
  • $15,371Average Assets, year-to-date
  • $4,567Average Assets, quarterly
  • $16,521Volatile liabilities
  • $16,511Insider loans
  • $9,777FHLB advances
  • $17,080Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,011Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,835Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $659Total interest income
  • $88Total interest expense
  • $571Net interest income
  • $0Provision for loan and lease losses
  • $69Total noninterest income
  • $0Fiduciary activities
  • $63Service charges on deposit accounts
  • $0Trading account gains & fees
  • $6Additional noninterest income
  • $602Total noninterest expense
  • $408Salaries and employee benefits
  • $25Premises and equipment expense
  • $169Additional noninterest expense
  • $38Pre-tax net operating income
  • $0Securities gains (losses)
  • $11Applicable income taxes
  • $27Income before extraordinary items
  • $0Extraordinary gains - net
  • $27Net income attributable to bank
  • $0Net charge-offs
  • $27Cash dividends
  • $36Sale, conversion, retirement of capital stock, net
  • $20Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.38%Yield on earning assets
  • 0.58%Cost of funding earning assets
  • 3.79%Net interest margin
  • 0.46%Noninterest income to earning assets
  • 4.00%Noninterest expense to earning assets
  • 0.16%Net operating income to assets
  • 0.16%Return on assets (ROA)
  • 0.23%Pretax return on assets
  • 1.32%Return on equity (ROE)
  • 0.34%Retained earnings to average equity (YTD only)
  • 0.54%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 1.06%Efficiency ratio
  • 94,063Assets per employee
  • 3.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 74.07%Loss allowance to loans
  • 3.95%Loss allowance to noncurrent loans
  • 105.81%Noncurrent assets plus other real estate owned to assets
  • 1.53%Noncurrent loans to loans
  • 3.73%Net loans and leases to deposits
  • 44.89%Net loans and leases to core deposits
  • 45.19%Equity capital to assets
  • 12.02%Core capital (leverage) ratio
  • 11.77%Tier 1 risk-based capital ratio
  • 20.57%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $16,521Average earning assets
  • $2,046Average equity
  • $15,049Average loans

List of branches

  • 1 Nebraska Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07788Spencer State Bank101 N Thayer St, Spencer, NE 68777December 10, 1922Full Service Brick and Mortar

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