The Overland National Bank of Grand Island in Grand Island, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 12, 2000

  • The Overland National Bank of Grand Island in Grand Island, Nebraska (NE)
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The Overland National Bank of Grand Island - Overview

  • General
  • FDIC Certificate #: 13944
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank Nebraska, National Association (#5457)
    Federal Reserve ID: 556954
    Date Established: January 01, 1934
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    OTS Docket #: 13614
    FDIC's unique #: 8721
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: Febuary 21, 1934
    Last Structure Change Effective Date: August 12, 2000
    Last Structure Change Process Date: August 31, 2000
    Last Data Update: August 31, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 304 West Third Street, Grand Island, NE 68801
    County: Hall
    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): Grand Island, NE (#24260)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $172.7 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 62Total employees (full-time equivalent)
  • $164,184Total assets
  • $9,942Cash and due from depository institutions
  • $0Interest-bearing balances
  • $58,785Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $90,636Net loans & leases
  • $1,293Loan loss allowance
  • $0Trading account assets
  • $1,898Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,923All other assets
  • $164,184Total liabilities and capital
  • $154,547Total liabilities
  • $117,305Total deposits
  • $103,290Interest-bearing deposits
  • $117,305Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $15,480Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $20,800Other borrowed funds
  • $0Subordinated debt
  • $962All other liabilities
  • $9,637Total equity capital
  • $9,637Total bank equity capital
  • $9,637Perpetual preferred stock
  • $0Common stock
  • $900Surplus
  • $900Undivided profits
  • Memoranda
  • $7,837Noncurrent loans and leases
  • $14,980Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $413Earning assets
  • $33Long-term assets (5+ years)
  • $911Average Assets, year-to-date
  • $149,421Average Assets, quarterly
  • $56,578Volatile liabilities
  • $158,198Insider loans
  • $165,386FHLB advances
  • $60,840Loans and leases held for sale
  • $7,452Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $239Total risk weighted assets
  • $14,980Total unused commitments
  • $30Restructured Loans and leases
  • $1,293Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $11,207Total interest income
  • $6,058Total interest expense
  • $5,149Net interest income
  • $306Provision for loan and lease losses
  • $1,000Total noninterest income
  • $0Fiduciary activities
  • $414Service charges on deposit accounts
  • $0Trading account gains & fees
  • $586Additional noninterest income
  • $4,149Total noninterest expense
  • $2,156Salaries and employee benefits
  • $558Premises and equipment expense
  • $1,435Additional noninterest expense
  • $1,694Pre-tax net operating income
  • $30Securities gains (losses)
  • $622Applicable income taxes
  • $1,102Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,102Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $370Sale, conversion, retirement of capital stock, net
  • $125Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.75%Yield on earning assets
  • 4.19%Cost of funding earning assets
  • 3.56%Net interest margin
  • 0.69%Noninterest income to earning assets
  • 2.87%Noninterest expense to earning assets
  • 0.68%Net operating income to assets
  • 0.70%Return on assets (ROA)
  • 1.09%Pretax return on assets
  • 11.20%Return on equity (ROE)
  • 9.93%Retained earnings to average equity (YTD only)
  • 0.43%Net charge-offs to loans
  • 82.70%Credit loss provision to net charge-offs
  • 5.41%Efficiency ratio
  • 67,474Assets per employee
  • 2.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 11.34%Loss allowance to loans
  • 1.41%Loss allowance to noncurrent loans
  • 313.08%Noncurrent assets plus other real estate owned to assets
  • 0.25%Noncurrent loans to loans
  • 0.45%Net loans and leases to deposits
  • 77.27%Net loans and leases to core deposits
  • 116.58%Equity capital to assets
  • 5.87%Core capital (leverage) ratio
  • 6.72%Tier 1 risk-based capital ratio
  • 10.26%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $158,198Average earning assets
  • $9,836Average equity
  • $144,515Average loans

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