First Central Bank

First Central Bank is headquartered in Cambridge and is the 100^th largest bank in the state of Nebraska. It is also the 5,374^th largest bank in the nation. It was established in 1907 and as of March of 2012, it had grown to 23 employees at 3 locations. First Central Bank has a 3-star health rating.

Data for Q1 2012

First Central Bank consists of multiple companies with separate FDIC numbers. Click on an FDIC number to view the health for that company:

10637 - First Central Bank
34995 - First Central Bank McCook

Institution Statistics First Central Bank FDIC Certificate # 10637 BankRate Report View Year Established 1907 Employees 23 Primary Regulator FDIC Assets and Liabilities Assets $84.00 million Loans $51.42 million Deposits $72.95 million Equity Capital $8.15 million Loan Loss Allowance $778,000 Unbacked Noncurrent Loans $1.75 million Real Estate Owned $305,000 Historic Data - March 2011 Assets $81.04 million Equity Capital $7.82 million Loan Loss Allowance $655,000 Unbacked Noncurrent Loans $687,000 Profit Margin - Quarterly Net Interest Margin 3.92% Return on Assets 0.92% Return on Equity 9.65% Interest Income $977,000

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 First Central Bank had $2.05 million in non-current loans and owned real-estate with $8.92 million in equity and loan loss allowances on hand to cover it. This gives First Central Bank a Texas Ratio of 23.01% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First Central Bank increased slightly from 8.10% as of March 31, 2011 to 23.01% as of March 31, 2012, resulting in a negative change of 183.90%. This indicates that the balance sheet and financial strength for First Central Bank has declined slightly in recent periods. Deposit Growth In the past year, First Central Bank has increased its total deposits by $2.73 million, resulting in 3.88% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Central Bank has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Central Bank has $84 million in assets with $8.92 million in equity, resulting in a capitalization level of 10.62%, which is above average.

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