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

This bank is inactive as of April 29, 2000

  • Stromsburg Bank in Stromsburg, Nebraska (NE)
  • Show street view No street view available for this location

Stromsburg Bank - Overview

  • General
  • FDIC Certificate #: 1162
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Heritage Bank (#17145)
    Federal Reserve ID: 721958
    Date Established: April 01, 1881
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 9778
    FDIC's unique #: 794
    Numeric code: 21
    Regulator: FDIC
    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: January 01, 1934
    Last Structure Change Effective Date: April 29, 2000
    Last Structure Change Process Date: May 23, 2000
    Last Data Update: May 23, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 East Third Street, Stromsburg, NE 68666
    County: Polk
    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: $30.0 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
  • 9Total employees (full-time equivalent)
  • $30,625Total assets
  • $1,603Cash and due from depository institutions
  • $893Interest-bearing balances
  • $10,017Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $18,305Net loans & leases
  • $230Loan loss allowance
  • $0Trading account assets
  • $154Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $547All other assets
  • $30,625Total liabilities and capital
  • $27,084Total liabilities
  • $23,411Total deposits
  • $21,491Interest-bearing deposits
  • $23,411Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $963Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,575Other borrowed funds
  • $0Subordinated debt
  • $135All other liabilities
  • $3,541Total equity capital
  • $3,541Total bank equity capital
  • $3,541Perpetual preferred stock
  • $0Common stock
  • $160Surplus
  • $1,840Undivided profits
  • Memoranda
  • $1,541Noncurrent loans and leases
  • $6,586Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $139Earning assets
  • $0Long-term assets (5+ years)
  • $468Average Assets, year-to-date
  • $29,215Average Assets, quarterly
  • $8,675Volatile liabilities
  • $30,010Insider loans
  • $31,104FHLB advances
  • $3,348Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,586Total unused commitments
  • $0Restructured Loans and leases
  • $230Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $2,112Total interest income
  • $1,047Total interest expense
  • $1,065Net interest income
  • $0Provision for loan and lease losses
  • $171Total noninterest income
  • $0Fiduciary activities
  • $116Service charges on deposit accounts
  • $0Trading account gains & fees
  • $55Additional noninterest income
  • $588Total noninterest expense
  • $356Salaries and employee benefits
  • $74Premises and equipment expense
  • $158Additional noninterest expense
  • $648Pre-tax net operating income
  • $0Securities gains (losses)
  • $13Applicable income taxes
  • $635Income before extraordinary items
  • $0Extraordinary gains - net
  • $635Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.37%Yield on earning assets
  • 3.65%Cost of funding earning assets
  • 3.71%Net interest margin
  • 0.60%Noninterest income to earning assets
  • 2.05%Noninterest expense to earning assets
  • 2.12%Net operating income to assets
  • 2.12%Return on assets (ROA)
  • 2.16%Pretax return on assets
  • 18.97%Return on equity (ROE)
  • 18.97%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 47,573Assets per employee
  • 3.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.24%Loss allowance to noncurrent loans
  • 165.47%Noncurrent assets plus other real estate owned to assets
  • 0.45%Noncurrent loans to loans
  • 0.75%Net loans and leases to deposits
  • 78.19%Net loans and leases to core deposits
  • 84.74%Equity capital to assets
  • 11.56%Core capital (leverage) ratio
  • 11.80%Tier 1 risk-based capital ratio
  • 17.71%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $30,010Average earning assets
  • $3,347Average equity
  • $28,668Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Stromsburg Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents