FDIC Certificate #: 18794 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:First State Bank (#13868) Federal Reserve ID: 922456 Date Established: May 01, 1905 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) OTS Docket #: 53571 FDIC's unique #: 12655 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: May 31, 1963 Last Structure Change Effective Date: May 01, 2010 Last Structure Change Process Date: May 06, 2010 Last Data Update: May 06, 2010 Data Source Date: April 05, 2012
Location
Address: 5320 North 148th Street, Lincoln, NE 68527 County: Lancaster 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): Lincoln, NE (#4360) Core Based Statistical Area (CBSA): Lincoln, NE (#30700) CBSA Metro Statistical Area: Lincoln, NE (#30700)
Financial Summary
Total assets: $18.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
9Total employees (full-time equivalent)
$18,665Total assets
$875Cash and due from depository institutions
$30Interest-bearing balances
$2,820Securities
$2,200Federal funds sold & reverse repurchase agreements
$10,938Net loans & leases
$297Loan loss allowance
$0Trading account assets
$750Bank premises and fixed assets
$485Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$597All other assets
$18,665Total liabilities and capital
$17,625Total liabilities
$17,524Total deposits
$15,226Interest-bearing deposits
$17,524Deposits held in domestic offices
96.28%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$101All other liabilities
$1,040Total equity capital
$1,040Total bank equity capital
$1,040Perpetual preferred stock
$815Common stock
$100Surplus
$1,450Undivided profits
Memoranda
$-1,325Noncurrent loans and leases
$878Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$637Earning assets
$0Long-term assets (5+ years)
$132Average Assets, year-to-date
$15,988Average Assets, quarterly
$2,752Volatile liabilities
$18,670Insider loans
$18,300FHLB advances
$1,889Loans and leases held for sale
$38Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$878Total unused commitments
$0Restructured Loans and leases
$153Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$862Total interest income
$265Total interest expense
$597Net interest income
$226Provision for loan and lease losses
$119Total noninterest income
$0Fiduciary activities
$104Service charges on deposit accounts
$0Trading account gains & fees
$15Additional noninterest income
$911Total noninterest expense
$431Salaries and employee benefits
$196Premises and equipment expense
$284Additional noninterest expense
-$421Pre-tax net operating income
$1Securities gains (losses)
-$145Applicable income taxes
-$275Income before extraordinary items
$0Extraordinary gains - net
-$275Net income attributable to bank
$0Net charge-offs
-$275Cash dividends
$287Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.49%Yield on earning assets
1.69%Cost of funding earning assets
3.80%Net interest margin
0.76%Noninterest income to earning assets
5.80%Noninterest expense to earning assets
-1.48%Net operating income to assets
-1.47%Return on assets (ROA)
-2.25%Pretax return on assets
-23.23%Return on equity (ROE)
-23.23%Retained earnings to average equity (YTD only)
2.48%Net charge-offs to loans
78.75%Credit loss provision to net charge-offs
-0.68%Efficiency ratio
127,235Assets per employee
2.07%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.64%Loss allowance to noncurrent loans
46.62%Noncurrent assets plus other real estate owned to assets
6.01%Noncurrent loans to loans
5.67%Net loans and leases to deposits
62.42%Net loans and leases to core deposits
69.96%Equity capital to assets
5.57%Core capital (leverage) ratio
5.16%Tier 1 risk-based capital ratio
8.07%Total risk-based capital ratio
Memoranda
$9Average assets
$18,670Average earning assets
$1,184Average equity
$15,712Average loans
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