The Wakefield National Bank in Wakefield, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 27, 1995

  • The Wakefield National Bank in Wakefield, Nebraska (NE)
  • Show street view No street view available for this location

The Wakefield National Bank - Overview

  • General
  • FDIC Certificate #: 5487
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Iowa - Nebraska State Bank (#8354)
    Federal Reserve ID: 577454
    Date Established: Febuary 15, 1929
    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 #: 3719
    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: January 01, 1934
    Last Structure Change Effective Date: October 27, 1995
    Last Structure Change Process Date: November 17, 1995
    Last Data Update: November 17, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 406 Main Street, Wakefield, NE 68784
    County: Dixon
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Combined Statistical Area (CSA): Sioux City-Vermillion, IA-NE-SD (#512)
    Core Based Statistical Area (CBSA): Sioux City, IA-NE-SD (#43580)
    CBSA Metro Statistical Area: Sioux City, IA-NE-SD (#43580)
  • Financial Summary
  • Total assets: $17.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $8Total assets
  • $17,362Cash and due from depository institutions
  • $2,523Interest-bearing balances
  • $2,031Securities
  • $4,916Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $9,090Loan loss allowance
  • $244Trading account assets
  • $0Bank premises and fixed assets
  • $207Other real estate owned
  • $0Goodwill and other intangibles
  • $626Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $17,362Total liabilities
  • $16,220Total deposits
  • $15,868Interest-bearing deposits
  • $14,191Deposits held in domestic offices
  • 15868.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $352Total equity capital
  • $352Total bank equity capital
  • $1,142Perpetual preferred stock
  • $0Common stock
  • $50Surplus
  • $75Undivided profits
  • Memoranda
  • $1,017Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $123Income earned, not collected on loans
  • $296Earning assets
  • $16,037Long-term assets (5+ years)
  • $1,682Average Assets, year-to-date
  • $17,336Average Assets, quarterly
  • $17,517Volatile liabilities
  • $0Insider loans
  • $6FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $738Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,201Total risk weighted assets
  • $11,101Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,247Total interest expense
  • $530Net interest income
  • $717Provision for loan and lease losses
  • $2Total noninterest income
  • $55Fiduciary activities
  • $0Service charges on deposit accounts
  • $47Trading account gains & fees
  • $0Additional noninterest income
  • $8Total noninterest expense
  • $578Salaries and employee benefits
  • $317Premises and equipment expense
  • $55Additional noninterest expense
  • $206Pre-tax net operating income
  • $192Securities gains (losses)
  • $0Applicable income taxes
  • $63Income before extraordinary items
  • $129Extraordinary gains - net
  • $0Net income attributable to bank
  • $129Net charge-offs
  • -$2Cash dividends
  • $80Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.77%Cost of funding earning assets
  • 3.30%Net interest margin
  • 4.46%Noninterest income to earning assets
  • 0.34%Noninterest expense to earning assets
  • 3.60%Net operating income to assets
  • 0.74%Return on assets (ROA)
  • 0.74%Pretax return on assets
  • 1.11%Return on equity (ROE)
  • 10.97%Retained earnings to average equity (YTD only)
  • 4.17%Net charge-offs to loans
  • -0.02%Credit loss provision to net charge-offs
  • -100.00%Efficiency ratio
  • 74,870Assets per employee
  • 2.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 62.02%Loss allowance to loans
  • 2.61%Loss allowance to noncurrent loans
  • 198.37%Noncurrent assets plus other real estate owned to assets
  • 0.71%Noncurrent loans to loans
  • 1.32%Net loans and leases to deposits
  • 57.29%Net loans and leases to core deposits
  • 57.29%Equity capital to assets
  • 6.58%Core capital (leverage) ratio
  • 6.49%Tier 1 risk-based capital ratio
  • 10.82%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $17,336Average earning assets
  • $1,176Average equity
  • $16,059Average loans

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