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

This bank is inactive as of July 01, 2009

Sutton State Bank in Sutton, Nebraska (NE)
Show street view No street view available for this location

Sutton State Bank - Overview

General
FDIC Certificate #: 12489
Status: Inactive
Closing history: Absorption - Without Assistance
Acquiring institution: Astra Bank (#17636)
Federal Reserve ID: 571153
Date Established: November 06, 1913
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 16156
FDIC's unique #: 7946
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: July 01, 2009
Last Structure Change Process Date: July 09, 2009
Last Data Update: July 09, 2009
Data Source Date: April 05, 2012
Location
Address: 105 S. Saunders Avenue, Sutton, NE 68979
County: Clay
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): Hastings, NE (#25580)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $25.1 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, 2008)

Dollar figures in thousands
10Total employees (full-time equivalent)
$26,593Total assets
$3,551Cash and due from depository institutions
$1,554Interest-bearing balances
$4,140Securities
$1,279Federal funds sold & reverse repurchase agreements
$15,980Net loans & leases
$178Loan loss allowance
$0Trading account assets
$455Bank premises and fixed assets
$0Other real estate owned
$175Goodwill and other intangibles
$337Life insurance assets
$1,013All other assets
$26,593Total liabilities and capital
$24,128Total liabilities
$21,579Total deposits
$19,012Interest-bearing deposits
$21,579Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,506Other borrowed funds
$0Subordinated debt
$43All other liabilities
$2,465Total equity capital
$2,465Total bank equity capital
$2,465Perpetual preferred stock
$0Common stock
$300Surplus
$1,540Undivided profits
Memoranda
$625Noncurrent loans and leases
$9,796Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$123Earning assets
$0Long-term assets (5+ years)
$377Average Assets, year-to-date
$22,953Average Assets, quarterly
$3,373Volatile liabilities
$25,023Insider loans
$25,542FHLB advances
$3,418Loans and leases held for sale
$2,028Unused loan commitments
$2,506Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,796Total unused commitments
$0Restructured Loans and leases
$178Derivatives

Income and Expense (December 31, 2008)

Dollar figures in thousands
$1,480Total interest income
$545Total interest expense
$935Net interest income
$0Provision for loan and lease losses
$285Total noninterest income
$0Fiduciary activities
$84Service charges on deposit accounts
$0Trading account gains & fees
$201Additional noninterest income
$949Total noninterest expense
$492Salaries and employee benefits
$148Premises and equipment expense
$309Additional noninterest expense
$271Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$271Income before extraordinary items
$0Extraordinary gains - net
$271Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$136Sale, conversion, retirement of capital stock, net
$334Net operating income

Performance and Condition Ratios (December 31, 2008)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.58%Yield on earning assets
2.42%Cost of funding earning assets
4.16%Net interest margin
1.27%Noninterest income to earning assets
4.22%Noninterest expense to earning assets
1.08%Net operating income to assets
1.08%Return on assets (ROA)
1.08%Pretax return on assets
11.22%Return on equity (ROE)
-2.61%Retained earnings to average equity (YTD only)
0.73%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
1.99%Efficiency ratio
77,787Assets per employee
2.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
123.25%Loss allowance to loans
1.10%Loss allowance to noncurrent loans
144.72%Noncurrent assets plus other real estate owned to assets
0.46%Noncurrent loans to loans
0.76%Net loans and leases to deposits
74.05%Net loans and leases to core deposits
82.54%Equity capital to assets
9.27%Core capital (leverage) ratio
8.82%Tier 1 risk-based capital ratio
12.20%Total risk-based capital ratio
Memoranda
$13Average assets
$25,023Average earning assets
$2,415Average equity
$22,487Average 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 Sutton State 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.