FDIC Certificate #: 8340 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Security First Bank (#5415) Federal Reserve ID: 83759 Date Established: September 01, 1910 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 5324 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 03, 1998 Last Structure Change Process Date: April 22, 1998 Last Data Update: April 22, 1998 Data Source Date: April 05, 2012
Location
Address: Main Street, Elwood, NE 68937 County: Gosper 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): Lexington, NE (#30420) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $9.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
5Total employees (full-time equivalent)
$10,402Total assets
$1,097Cash and due from depository institutions
$299Interest-bearing balances
$2,216Securities
$225Federal funds sold & reverse repurchase agreements
$6,551Net loans & leases
$113Loan loss allowance
$0Trading account assets
$12Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$301All other assets
$10,402Total liabilities and capital
$9,386Total liabilities
$9,312Total deposits
$8,345Interest-bearing deposits
$9,312Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$74All other liabilities
$1,016Total equity capital
$1,016Total bank equity capital
$1,016Perpetual preferred stock
$0Common stock
$100Surplus
$400Undivided profits
Memoranda
$516Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$93Earning assets
$0Long-term assets (5+ years)
$235Average Assets, year-to-date
$9,291Average Assets, quarterly
$2,593Volatile liabilities
$10,310Insider loans
$10,390FHLB advances
$1,286Loans and leases held for sale
$13Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$653Total unused commitments
$0Restructured Loans and leases
$6,946Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$863Total interest income
$405Total interest expense
$458Net interest income
$115Provision for loan and lease losses
$53Total noninterest income
$0Fiduciary activities
$33Service charges on deposit accounts
$0Trading account gains & fees
$20Additional noninterest income
$326Total noninterest expense
$166Salaries and employee benefits
$40Premises and equipment expense
$120Additional noninterest expense
$70Pre-tax net operating income
$0Securities gains (losses)
$14Applicable income taxes
$56Income before extraordinary items
$0Extraordinary gains - net
$56Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$102Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.27%Yield on earning assets
4.35%Cost of funding earning assets
4.92%Net interest margin
0.57%Noninterest income to earning assets
3.50%Noninterest expense to earning assets
0.54%Net operating income to assets
0.54%Return on assets (ROA)
0.68%Pretax return on assets
5.61%Return on equity (ROE)
5.61%Retained earnings to average equity (YTD only)
1.55%Net charge-offs to loans
112.75%Credit loss provision to net charge-offs
1.81%Efficiency ratio
63,796Assets per employee
2.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.70%Loss allowance to noncurrent loans
121.51%Noncurrent assets plus other real estate owned to assets
0.89%Noncurrent loans to loans
1.40%Net loans and leases to deposits
70.35%Net loans and leases to core deposits
81.62%Equity capital to assets
9.77%Core capital (leverage) ratio
9.89%Tier 1 risk-based capital ratio
14.56%Total risk-based capital ratio
Memoranda
$16Average assets
$10,310Average earning assets
$998Average equity
$9,306Average loans
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