Springfield State Bank in Springfield, Nebraska (NE)



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Springfield State Bank routing number info

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Springfield State Bank
GeneralFDIC Certificate #: 16379
Status: Active
Federal Reserve ID: 565152
Bank Holding Company (Regulatory Top Holder): Springfield Bank Company, Inc. (RSSDID: 1062096, Location: Springfield, NE)
Date Established: Febuary 23, 1946
WWW: http://www.springfieldstatebank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Domestic: 1, Interstate: No)
OTS Docket #: 15873
FDIC's unique #: 10559
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: Febuary 23, 1946
Last Structure Change Effective Date: May 12, 2011
Last Structure Change Process Date: May 18, 2011
Last Data Update: May 18, 2011
Data Source Date: April 05, 2012
LocationAddress: 600 Main Street, Springfield, NE 68059
County: Sarpy
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Omaha
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Omaha, NE-IA (#5920)
Combined Statistical Area (CSA): Omaha-Council Bluffs-Fremont, NE-IA (#420)
Core Based Statistical Area (CBSA): Omaha-Council Bluffs, NE-IA (#36540)
CBSA Metro Statistical Area: Omaha-Council Bluffs, NE-IA (#36540)
Financial SummaryTotal assets: $38.6 mil
Equity capital: $3.5 mil
Deposits held in domestic offices: $35.1 mil
Return on assets (ROA): 1.19% ($0.5 mil)
Quarterly return on assets: 1.33% ($0.5 mil)
Return on Equity (ROE): 14.36% ($0.4 mil)
Quarterly return on equity: 15.48% ($0.5 mil)
Net income: $0.5 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 1.19% ($459.8 mil)
Quarterly Pretax return on assets: 1.33% ($513.9 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)8
Total assets$38,637
Cash and due from depository institutions$3,781
Interest-bearing balances$1,960
Securities$12,120
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$22,346
Loan loss allowance $245
Trading account assets$0
Bank premises and fixed assets$62
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$328
Life insurance assets$38,636
Total liabilities and capital$35,148
Total liabilities$35,119
Total deposits$26,624
Interest-bearing deposits$35,119
Deposits held in domestic offices$87
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $29
All other liabilities $3,488
Total equity capital$3,488
Total bank equity capital$3,488
Perpetual preferred stock$0
Common stock$300
Surplus$2,100
Undivided profits $1,088
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $13
Earning assets $0
Long-term assets (5+ years) $203
Average Assets, year-to-date $36,426
Average Assets, quarterly $7,408
Volatile liabilities $39,212
Insider loans $40,058
FHLB advances $23,438
Loans and leases held for sale $39,281
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $3,319
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $2,286
Derivatives$0
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,528
Total interest expense $174
Net interest income $1,354
Provision for loan and lease losses $48
Total noninterest income $148
Fiduciary activities $0
Service charges on deposit accounts $77
Trading account gains & fees $0
Additional noninterest income $71
Total noninterest expense $976
Salaries and employee benefits $546
Premises and equipment expense $90
Additional noninterest expense $340
Pre-tax net operating income $478
Securities gains (losses) -$11
Applicable income taxes $0
Income before extraordinary items $467
Extraordinary gains - net $0
Net income attributable to bank $467
Net charge-offs $0
Cash dividends $467
Sale, conversion, retirement of capital stock, net $0
Net operating income $285
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.19%
Cost of funding earning assets 0.48%
Net interest margin 3.72%
Noninterest income to earning assets 0.41%
Noninterest expense to earning assets 2.68%
Net operating income to assets 1.22%
Return on assets (ROA) 1.19%
Pretax return on assets 1.19%
Return on equity (ROE) 14.36%
Retained earnings to average equity (YTD only) 5.60%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$64,980
Cash dividends to net income (YTD only)4.83%
Condition Ratios (%)
Loss allowance to loans 61.03%
Loss allowance to noncurrent loans 1.08%
Noncurrent assets plus other real estate owned to assets 1884.62%
Noncurrent loans to loans 0.03%
Net loans and leases to deposits0.06%
Net loans and leases to core deposits 63.63%
Equity capital to assets 63.63%
Core capital (leverage) ratio 9.03%
Tier 1 risk-based capital ratio 8.45%
Total risk-based capital ratio 14.16%
Memoranda
Average assets$15
Average earning assets$39,212
Average equity $3,252
Average loans $36,435
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1 Nebraska Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010559Springfield State Bank600 Main Street, Springfield, NE 68059Febuary 23, 1946Full Service Brick and Mortar
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