Auburn State Bank Reports – 979151

Auburn State Bank Financial Reports

Quater Ended: 2024-03-31

Auburn State Bank is a N/A located in Auburn, NE. Established on 01/01/1905, the bank is regulated by the FED and has 1 domestic offices. It operates in the N/A.

The bank has 25 employees and holds $250,796k in total assets. With a focus on community banking, the bank has been serving its customers since 01/01/1905.

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Auburn State Bank Institution Profile

Established Date 01/01/1905 Institution Class N/A
Primary Regulator FED Number of Domestic Offices 1
Number of Foreign Offices 0 Number of US Offices 0
Number of Employees 25 Directly owned by another bank (CERT) No
Community Bank Yes ZIP 68305
Ownership Type Not Mutual City Auburn
State Alpha code NE State and County Number 31127
Subchapter S Corporations No Trust Powers Trust Powers Not Known
Federal Reserve ID Number 10 Federal Reserve ID Number Description KANSAS CITY
Office of The Comptroller District: WESTERN DISTRICT Office of Thrift Supervision Region West
Last Structure Change Effective Date 06/30/2024 Date of Deposit Insurance 01/01/1934
Primary Insurance Agency DIF

Institution Profile Overview

Delve into the foundational details of Auburn State Bank with our “Institution Profile” table. The 01/01/1905 marks the bank’s inception, providing historical context. Categorized as a N/A, the bank operates under the oversight of FED, ensuring compliance and regulatory adherence.

1 domestic offices reflect the bank’s physical footprint, while insights into ownership type, trust powers, and regulatory affiliations contribute to understanding its operational structure. Details such as Auburn, NE, and 68305 provide geographic context. Explore these attributes to gain a holistic view of Auburn State Bank in the financial landscape.

Auburn State Bank Financials

(USD, in thousands)

Total Assets 250,796 Total Liabilities 226,584
Total Equity Capital 24,212 Total Deposits 223,148
Net Loans and Leases 102,855 Total Interest Income 2,444
Total Noninterest Income 64 Total Interest Expense 988
Total Noninterest Expense 920 Tier 1 Risk-Based Capital Ratio 0
Net Loans and Leases to Core Deposits 63 Return on Assets 1
Return on Equity 8 Efficiency Ratio 61

Financial Performance Overview

Gain a comprehensive perspective on Auburn State Bank’s financial landscape through our “Financials” table. The bank boasts total assets of $250,796k, showcasing its substantial scale and influential market presence. A nuanced breakdown reveals insights into the bank’s financial structure and stability, with total liabilities standing at $226,584k and total equity capital at $24,212k.

Delve into key operational metrics, including total deposits of $223,148k, net loans and leases at $103k, and a meticulous analysis of income and expense components. Explore vital ratios such as the Tier 1 Risk-Based Capital Ratio, standing at 0, and Return on Assets at 0.8. These metrics provide valuable insights into the bank’s risk management strategies and overall profitability.

This detailed financial overview is designed to enhance your understanding of Auburn State Bank’s performance and competitive positioning within the financial industry.

Auburn State Bank Additional Financial Information

(USD, in thousands)

Earnings Coverage of Net Loan Charge-Offs(x) 0 Net Loans and Leases to Core Deposits 63
Tier 1 Risk-Based Capital Ratio 0 Securities Gains (Losses) 0
Goodwill and Other Intangibles N/A Cost of Funding Earning Assets 2
Yield on Earning Assets 4 Total Interest Income 2,444
Applicable Income Taxes 102 Loss Allowance to Loans and Leases 1
Net Loans and Leases 102,855 Loss Allowance to Noncurrent Loans and Leases 74,150
Noncurrent Loans to Loans 0 Net Income Attributable to Bank and Noncontrolling Interests 498
Net Interest Income 1,456 Net Interest Margin 2
Net Operating Income to Assets 1 Noninterest Income to Average Assets 0
Total Noninterest Income 64 Noninterest Expense to Average Assets 1
Total Noninterest Expense 920 Net Charge-Offs to Loans and Leases 0
All Other Assets 11,002 Other Real Estate Owned 0
Other borrowed funds 1,912 Pre-tax Net Operating Income 600
Pretax Return on Assets 1 Return on Assets 1
Retained Earnings to Average Equity (YTD only) -11

Insights into Financial Metrics

Enhance your understanding of Auburn State Bank’s financial standing through our “Additional Financial Information” table. Explore key metrics such as Net Loans and Leases: $102,855k and Net Interest Income $1,456k to gain valuable insights into the bank’s core operations and revenue streams. Assess the Tier 1 Risk-Based Capital Ratio: 0 for in-depth insights into capital adequacy and risk management strategies.

Delve into the intricacies of Net Charge-Offs to Loans and Leases: 0 to evaluate the bank’s asset quality and risk mitigation efforts. Examine the composition of income through Total Noninterest Income:$64k and evaluate operational efficiency using metrics like Efficiency Ratio: 60.53. This nuanced financial overview empowers a comprehensive analysis of Auburn State Bank’s strategic financial position and performance in the industry.

This table provides key financial information about Auburn State Bank. Get more data about Auburn State Bank on Visbanking Report Portal.