The First National Bank of Friend in Friend, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 04, 2011

The First National Bank of Friend - Overview

  • General
  • FDIC Certificate #: 5404
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citizens State Bank (#5495)
    Federal Reserve ID: 428659
    Date Established: January 01, 1879
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 3651
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 04, 2011
    Last Structure Change Process Date: June 30, 2011
    Last Data Update: June 30, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 150 Maple Street, Friend, NE 68359
    County: Saline
    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
  • Financial Summary
  • Total assets: $39.3 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, 2010)

  • Dollar figures in thousands
  • 6Total employees (full-time equivalent)
  • $38,352Total assets
  • $1,666Cash and due from depository institutions
  • $678Interest-bearing balances
  • $3,012Securities
  • $6,341Federal funds sold & reverse repurchase agreements
  • $26,162Net loans & leases
  • $436Loan loss allowance
  • $0Trading account assets
  • $122Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,049All other assets
  • $38,352Total liabilities and capital
  • $34,418Total liabilities
  • $30,765Total deposits
  • $23,473Interest-bearing deposits
  • $30,765Deposits held in domestic offices
  • 93.76%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,600Other borrowed funds
  • $0Subordinated debt
  • $53All other liabilities
  • $3,934Total equity capital
  • $3,934Total bank equity capital
  • $3,934Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $200Undivided profits
  • Memoranda
  • $3,534Noncurrent loans and leases
  • $12,071Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $49Earning assets
  • $0Long-term assets (5+ years)
  • $486Average Assets, year-to-date
  • $36,193Average Assets, quarterly
  • $7,656Volatile liabilities
  • $39,335Insider loans
  • $38,426FHLB advances
  • $3,999Loans and leases held for sale
  • $809Unused loan commitments
  • $3,600Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $12,071Total unused commitments
  • $0Restructured Loans and leases
  • $337Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $1,814Total interest income
  • $454Total interest expense
  • $1,360Net interest income
  • $108Provision for loan and lease losses
  • $167Total noninterest income
  • $0Fiduciary activities
  • $60Service charges on deposit accounts
  • $0Trading account gains & fees
  • $107Additional noninterest income
  • $949Total noninterest expense
  • $548Salaries and employee benefits
  • $162Premises and equipment expense
  • $239Additional noninterest expense
  • $470Pre-tax net operating income
  • $19Securities gains (losses)
  • $14Applicable income taxes
  • $475Income before extraordinary items
  • $0Extraordinary gains - net
  • $475Net income attributable to bank
  • $0Net charge-offs
  • $475Cash dividends
  • -$25Sale, conversion, retirement of capital stock, net
  • $250Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.01%Yield on earning assets
  • 1.25%Cost of funding earning assets
  • 3.75%Net interest margin
  • 0.46%Noninterest income to earning assets
  • 2.62%Noninterest expense to earning assets
  • 1.16%Net operating income to assets
  • 1.21%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 12.50%Return on equity (ROE)
  • 5.92%Retained earnings to average equity (YTD only)
  • -0.09%Net charge-offs to loans
  • -432.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 62,148Assets per employee
  • 6.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 52.63%Loss allowance to loans
  • 1.64%Loss allowance to noncurrent loans
  • 889.80%Noncurrent assets plus other real estate owned to assets
  • 0.13%Noncurrent loans to loans
  • 0.18%Net loans and leases to deposits
  • 85.04%Net loans and leases to core deposits
  • 97.74%Equity capital to assets
  • 10.26%Core capital (leverage) ratio
  • 10.00%Tier 1 risk-based capital ratio
  • 14.63%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $39,335Average earning assets
  • $3,801Average equity
  • $36,235Average loans

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