The First National Bank of Ely in Ely, Nevada (NV)



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The First National Bank of Ely routing number info

Table of contents:
The First National Bank of Ely
GeneralFDIC Certificate #: 2273
Status: Active
Federal Reserve ID: 450669
Date Established: Febuary 23, 1907
WWW: http://www.fnbely.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Domestic: 1, Interstate: No)
FDIC's unique #: 1507
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Mortgage Lending 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
LocationAddress: 595 Aultman Street, Ely, NV 89301
County: White Pine
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Phoenix
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $82.5 mil
Equity capital: $7.4 mil
Deposits held in domestic offices: $75.0 mil
Return on assets (ROA): 1.60% ($1.3 mil)
Quarterly return on assets: -0.63% (-$0.5 mil)
Return on Equity (ROE): 17.63% ($1.2 mil)
Quarterly return on equity: -6.60% (-$0.5 mil)
Net income: $1.3 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: 1.60% ($1,320.7 mil)
Quarterly Pretax return on assets: -0.63% (-$520.0 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)11
Total assets$82,546
Cash and due from depository institutions$3,710
Interest-bearing balances$0
Securities$62,306
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$15,117
Loan loss allowance $1,000
Trading account assets$0
Bank premises and fixed assets$164
Other real estate owned$690
Goodwill and other intangibles$0
All other assets$559
Life insurance assets$82,546
Total liabilities and capital$75,152
Total liabilities$75,041
Total deposits$58,650
Interest-bearing deposits$75,041
Deposits held in domestic offices$73
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $111
All other liabilities $7,394
Total equity capital$7,394
Total bank equity capital$7,394
Perpetual preferred stock$0
Common stock$93
Surplus$217
Undivided profits $7,084
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 $1,373
Earning assets $0
Long-term assets (5+ years) $326
Average Assets, year-to-date $77,423
Average Assets, quarterly $51,026
Volatile liabilities $80,538
Insider loans $82,552
FHLB advances $33,554
Loans and leases held for sale $82,859
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $7,585
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,750
Derivatives$891
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,472
Total interest expense $406
Net interest income $3,066
Provision for loan and lease losses $438
Total noninterest income $115
Fiduciary activities $0
Service charges on deposit accounts $53
Trading account gains & fees $0
Additional noninterest income $62
Total noninterest expense $1,647
Salaries and employee benefits $796
Premises and equipment expense $149
Additional noninterest expense $702
Pre-tax net operating income $1,096
Securities gains (losses) $192
Applicable income taxes $0
Income before extraordinary items $1,288
Extraordinary gains - net $0
Net income attributable to bank $1,288
Net charge-offs $0
Cash dividends $1,288
Sale, conversion, retirement of capital stock, net $38
Net operating income $558
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.56%
Cost of funding earning assets 0.53%
Net interest margin 4.03%
Noninterest income to earning assets 0.15%
Noninterest expense to earning assets 2.16%
Net operating income to assets 1.36%
Return on assets (ROA) 1.60%
Pretax return on assets 1.60%
Return on equity (ROE) 17.63%
Retained earnings to average equity (YTD only) 9.99%
Net charge-offs to loans 0.21%
Credit loss provision to net charge-offs 1152.63%
Efficiency ratio40.37%
Assets per employee$51,776
Cash dividends to net income (YTD only)7.50%
Condition Ratios (%)
Loss allowance to loans 43.32%
Loss allowance to noncurrent loans 6.20%
Noncurrent assets plus other real estate owned to assets 72.83%
Noncurrent loans to loans 2.50%
Net loans and leases to deposits8.52%
Net loans and leases to core deposits 20.14%
Equity capital to assets 20.14%
Core capital (leverage) ratio 8.96%
Tier 1 risk-based capital ratio 9.15%
Total risk-based capital ratio 22.61%
Memoranda
Average assets$24
Average earning assets$80,538
Average equity $7,305
Average loans $76,145
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1 Nevada Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
01507The First National Bank Of Ely595 Aultman Street, Ely, NV 89301Febuary 23, 1907Full Service Brick and Mortar
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