United Republic Bank in Elkhorn, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

United Republic Bank - Overview

  • General
  • FDIC Certificate #: 58359
    Status: Active
    Federal Reserve ID: 3387140
    Bank Holding Company (Regulatory Top Holder): Citizens National Corporation (RSSDID: 1056415, Location: Wisner, NE)
    Date Established: December 11, 2006
    WWW: http://www.unitedrepublicbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 447358
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 11, 2006
    Last Structure Change Effective Date: December 13, 2011
    Last Structure Change Process Date: Febuary 22, 2012
    Last Data Update: Febuary 22, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 111 North 181st Street, Elkhorn, NE 68022
    County: Douglas
    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
    Metropolitan Statistical Area (MSA): Omaha, NE-IA (#5920)
    Combined Statistical Area (CSA): Omaha-Council Bluffs-Fremont, NE-IA (#420)
    Core Based Statistical Area (CBSA): Omaha-Council Bluffs, NE-IA (#36540)
    CBSA Metro Statistical Area: Omaha-Council Bluffs, NE-IA (#36540)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $72.4 mil
    Equity capital: $9.7 mil
    Deposits held in domestic offices: $62.5 mil
    Return on assets (ROA): 0.48% ($0.3 mil)
    Quarterly return on assets: 0.61% ($0.4 mil)
    Return on Equity (ROE): 3.18% ($0.3 mil)
    Quarterly return on equity: 4.44% ($0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.48% ($347.7 mil)
    Quarterly Pretax return on assets: 0.61% ($441.9 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
  • 14Total employees (full-time equivalent)
  • $72,436Total assets
  • $3,188Cash and due from depository institutions
  • $594Interest-bearing balances
  • $2,359Securities
  • $4,111Federal funds sold & reverse repurchase agreements
  • $54,511Net loans & leases
  • $662Loan loss allowance
  • $0Trading account assets
  • $5,246Bank premises and fixed assets
  • $2,203Other real estate owned
  • $0Goodwill and other intangibles
  • $72,436Life insurance assets
  • $818All other assets
  • $62,737Total liabilities and capital
  • $62,474Total liabilities
  • $54,451Total deposits
  • $62,474Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $263Subordinated debt
  • $9,699All other liabilities
  • $9,699Total equity capital
  • $9,699Total bank equity capital
  • $0Perpetual preferred stock
  • $550Common stock
  • $11,288Surplus
  • $-2,139Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,476Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,277Income earned, not collected on loans
  • $1,277Earning assets
  • $220Long-term assets (5+ years)
  • $61,575Average Assets, year-to-date
  • $9,956Average Assets, quarterly
  • $63,780Volatile liabilities
  • $70,376Insider loans
  • $63,382FHLB advances
  • $70,587Loans and leases held for sale
  • $101Unused loan commitments
  • $101Tier 1 (core) risk-based capital
  • $9,699Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,472Restructured Loans and leases
  • $518Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,132Total interest income
  • $616Total interest expense
  • $2,516Net interest income
  • $259Provision for loan and lease losses
  • $452Total noninterest income
  • $0Fiduciary activities
  • $47Service charges on deposit accounts
  • $0Trading account gains & fees
  • $405Additional noninterest income
  • $2,406Total noninterest expense
  • $1,302Salaries and employee benefits
  • $361Premises and equipment expense
  • $743Additional noninterest expense
  • $303Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $303Income before extraordinary items
  • $0Extraordinary gains - net
  • $303Net income attributable to bank
  • $0Net charge-offs
  • $303Cash dividends
  • $112Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.81%Yield on earning assets
  • 1.14%Cost of funding earning assets
  • 4.67%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 4.47%Noninterest expense to earning assets
  • 0.48%Net operating income to assets
  • 0.48%Return on assets (ROA)
  • 0.48%Pretax return on assets
  • 3.18%Return on equity (ROE)
  • 3.18%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 231.25%Credit loss provision to net charge-offs
  • 5.02%Efficiency ratio
  • 81,065Assets per employee
  • 5.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 51.84%Noncurrent assets plus other real estate owned to assets
  • 4.80%Noncurrent loans to loans
  • 2.31%Net loans and leases to deposits
  • 87.25%Net loans and leases to core deposits
  • 95.39%Equity capital to assets
  • 13.39%Core capital (leverage) ratio
  • 13.74%Tier 1 risk-based capital ratio
  • 15.30%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $63,780Average earning assets
  • $9,518Average equity
  • $53,878Average loans

List of branches

  • 1 Nebraska Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0447358United Republic Bank111 North 181st Street, Elkhorn, NE 68022December 11, 2006Full Service Brick and Mortar

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