Burt County State Bank in Tekamah, Nebraska (NE)
Table of contents:
| Burt County State Bank | |
|---|---|
| General | FDIC Certificate #: 14592 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Washington County Bank (#12241) Federal Reserve ID: 724557 Date Established: January 01, 1892 WWW: http://www.burtcountybank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 9122 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: July 24, 1934 Last Structure Change Effective Date: August 01, 2004 Last Structure Change Process Date: September 16, 2004 Last Data Update: September 16, 2004 Data Source Date: April 05, 2012 |
| Location | Address: 303 South 13th Street, Tekamah, NE 68061 County: Burt 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: $40.8 mil |
| Assets and Liabilities (December 31, 2003) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 12 |
| Total assets | $39,649 |
| Cash and due from depository institutions | $2,596 |
| Interest-bearing balances | $100 |
| Securities | $9,340 |
| Federal funds sold & reverse repurchase agreements | $1,730 |
| Net loans & leases | $24,721 |
| Loan loss allowance | $410 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $273 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $989 |
| Life insurance assets | $0 |
| Total liabilities and capital | $39,649 |
| Total liabilities | $36,566 |
| Total deposits | $34,076 |
| Interest-bearing deposits | $29,666 |
| Deposits held in domestic offices | $34,076 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $2,389 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $101 |
| Total equity capital | $3,083 |
| Total bank equity capital | $3,083 |
| Perpetual preferred stock | $3,083 |
| Common stock | $0 |
| Surplus | $200 |
| Undivided profits | $1,200 |
| Memoranda | |
| Noncurrent loans and leases | $1,683 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $8,737 |
| Income earned, not collected on loans | $0 |
| Earning assets | $418 |
| Long-term assets (5+ years) | $31 |
| Average Assets, year-to-date | $486 |
| Average Assets, quarterly | $35,891 |
| Volatile liabilities | $4,719 |
| Insider loans | $39,634 |
| FHLB advances | $39,790 |
| Loans and leases held for sale | $5,942 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $0 |
| Total unused commitments | $8,737 |
| Restructured Loans and leases | $0 |
| Derivatives | $341 |
| Income and Expense (December 31, 2003) (Dollar figures in thousands) | |
| Total interest income | $2,290 |
| Total interest expense | $717 |
| Net interest income | $1,573 |
| Provision for loan and lease losses | $308 |
| Total noninterest income | $193 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $166 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $27 |
| Total noninterest expense | $908 |
| Salaries and employee benefits | $556 |
| Premises and equipment expense | $84 |
| Additional noninterest expense | $268 |
| Pre-tax net operating income | $550 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $173 |
| Income before extraordinary items | $377 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $377 |
| Net charge-offs | $0 |
| Cash dividends | $0 |
| Sale, conversion, retirement of capital stock, net | $304 |
| Net operating income | $375 |
| Performance and Condition Ratios (December 31, 2003) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 6.44% |
| Cost of funding earning assets | 2.02% |
| Net interest margin | 4.43% |
| Noninterest income to earning assets | 0.54% |
| Noninterest expense to earning assets | 2.56% |
| Net operating income to assets | 0.95% |
| Return on assets (ROA) | 0.95% |
| Pretax return on assets | 1.39% |
| Return on equity (ROE) | 12.02% |
| Retained earnings to average equity (YTD only) | 0.06% |
| Net charge-offs to loans | 1.20% |
| Credit loss provision to net charge-offs | 101.32% |
| Efficiency ratio | 2.82% |
| Assets per employee | $51,416 |
| Cash dividends to net income (YTD only) | 3.30% |
| Condition Ratios (%) | |
| Loss allowance to loans | 99.47% |
| Loss allowance to noncurrent loans | 1.63% |
| Noncurrent assets plus other real estate owned to assets | 98.09% |
| Noncurrent loans to loans | 1.52% |
| Net loans and leases to deposits | 1.66% |
| Net loans and leases to core deposits | 72.55% |
| Equity capital to assets | 80.99% |
| Core capital (leverage) ratio | 7.78% |
| Tier 1 risk-based capital ratio | 7.82% |
| Total risk-based capital ratio | 11.34% |
| Memoranda | |
| Average assets | $13 |
| Average earning assets | $39,634 |
| Average equity | $3,135 |
| Average loans | $35,536 |
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