2010
NEBRASKA DEPARTMENT
OF BANKING AND FINANCE
DAVE HEINEMAN, GOVERNOR
JOHN MUNN, DIRECTOR
Annual Report
www.ndbf.ne.gov 2010 NDB&F Annual Report
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Annual Report
July 1, 2009 - June 30, 2010
NEBRASKA DEPARTMENT
OF BANKING AND FINANCE
Commerce Court, Suite 400
1230 “O” Street
Lincoln, NE 68508-1402
Main Office: (402) 471-2171
Consumer Hotline: (877) 471-3445
www.ndbf.ne.gov
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www.ndbf.ne.gov 2010 NDB&F Annual Report
1892 to 1895 Richard H. Townley, Secretary, State Banking Board
1895 to 1901 P.L. Hall, Secretary, State Banking Board
1901 to 1917 Edward Royse, Secretary, State Banking Board
1917 to 1919 J.J. Tooley, Secretary, State Banking Board
1919 to 1925 J.E. Hart, Secretary, State Banking Board
1925 to 1927 Kirk Griggs, Secretary, State Banking Board
1927 to 1931 Clarence G. Bliss, Secretary, State Banking Board
1929 to 1931 George W. Woods, Bank Commissioner
1931 to 1933 E.H. Luikart, Secretary, State Banking Board
1933 to 1935 George W. Woods, Deputy Superintendent
1935 to 1939 B.N. Saunders, Superintendent of Banking
1939 to 1943 Wade R. Martin, Director of Banking
1943 to 1947 J. Fred Peters, Director of Banking
1947 to 1959 J.F. McLain, Director of Banking
1959 to 1961 Edwin N. Van Horne, Director of Banking
1961 to 1964 Ralph E. Misko, Director of Banking
1964 to 1966 Henry E. Ley, Director of Banking
1966 to 1967 Byron Dunn, Director of Banking
1967 to 1969 C.R. Haines, Director of Banking
1969 to 1970 Edwin A. Langley, Director of Banking
1971 to 1975 Henry E. Ley, Director of Banking
1975 to 1978 William H. Riley, Director of Banking & Finance
1979 to 1979 Charles W. Mitchell, Acting Director of Banking & Finance
1979 to 1983 Paul J. Amen, Director of Banking & Finance
1983 to 1984 John P. Miller, Director of Banking & Finance
1984 to 1985 Roger M. Beverage, Director of Banking & Finance
1985 to 1985 Roger W. Hirsch, Acting Director of Banking & Finance
1985 to 1987 James C. Barbee, Director of Banking & Finance
1987 to 1991 Cynthia H. Milligan, Director of Banking & Finance
1991 to 1998 James A. Hansen, Director of Banking & Finance
1998 to 1999 Peter M. Graff, Director of Banking & Finance
1999 to 1999 Ray A. Pont, Interim Director of Banking & Finance
1999 to 2004 Samuel P. Baird, Director of Banking & Finance
2004 to 2005 Ray A. Pont, Interim Director of Banking & Finance
2005 to Present John Munn, Director of Banking & Finance
Leadership Through the Years
www.ndbf.ne.gov 2010 NDB&F Annual Report
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A Message from the Director
The efforts of Congress to enact federal financial
regulatory reform during fiscal year 2010 were
followed closely by Nebraska financial industries
and financial regulators. A significant result for
state-chartered banks and state regulators was
the preservation of the dual banking system.
The Dodd-Frank legislation retained the state
bank charter and the joint supervision of
state-chartered Nebraska banks by the
Department of Banking and Finance and the
federal regulator chosen by each bank (either the
Federal Deposit Insurance Corporation or the
Federal Reserve Bank). The supervision of
Nebraska’s federal savings banks will be
transferred from the Office of Thrift Supervision,
which is being eliminated, to the Office of the
Comptroller of the Currency, since 1863 the
regulator of nationally-chartered banks.
Of concern to Nebraska’s financial institutions is
the role that a new federal regulatory body, the
Consumer Financial Protection Bureau (CFPB),
will play in its supervision. Congress has given
the new agency authority to write rules for all
financial institutions pertaining to consumer
financial protection, but restricted the agency’s
direct examination authority to those financial
institutions with assets of $10 billion or more.
The CFPB may usurp existing federal and state
regulators in its examination of banks with less
than $10 billion in assets for compliance with the
CFPB’s rules if it deems their examinations to be
ineffective.
A Department activity during the year being
reported which required significant effort was the
implementation of the process for attestation of
citizenship mandated in 2009 Nebraska
legislation. Attestations were required for
individuals to whom the Department has granted
licenses or registrations, allowing them to do
business with Nebraskans. Our Securities
Division contacted more than 75,000 agents and
representatives in obtaining documentation
required in the process of renewal of
registrations.
Efforts in responding to the state’s current fiscal
challenges were shared by the Department. In
the year being reported, the Department reduced
its budgeted expenditures by 2.5%, laid off two
staff positions, and did not fill another position
vacated through attrition. Through these and
other initiatives, the Department was able to
stabilize the Financial Institutions Cash Fund
after several years of decline. The efforts put
forth by staff in absorbing the reductions in staff
are deserving of special note. In the layoff of the
Department’s Public Information Officer, the
Legal, Information Technology, and Securities
areas assumed many responsibilities. With the
reduction of two administrative positions, duties
essential to the operation of the Department were
assumed in a shared manner by other
administrative staff.
John Munn,
Director
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www.ndbf.ne.gov 2010 NDB&F Annual Report
Department Staff ……………………………………..
5
Table of Contents
Consumer Lending
Delayed Deposit Services Statement…………………….… 34
Delayed Deposit Services Businesses……………………... 35
Installment Loan Companies Statement………………….... 38
Installment Loan Companies………………………………… 39
Sales Finance Companies…………………………………… 40
Sale of Checks/Funds Transmission Licensees…………… 43
Mortgage Lending Companies………………………………. 44
General Information
Licensees/Registrants by the Numbers …..…..................... 51
New Registrations .............................................................. 51
Loan Brokers ...................................................................... 51
Enforcement Actions .......................................................... 51
Securities Registrations and Exemptions.......................... 52
Securities Act Cash Fund .............................................. 53
Issuer Applications ........................................................ 55
Registration of Broker-Dealers and Agents ………......... 56
Historical Data
Table of Contents
Bureau of Securities
Department Staff ….………………………………….. 5
Year in Review ……………………………………….. 6
Department Budget & Funding ………………….….. 9
Financial Institutions Division
General Information
State-Chartered Institutions & Licensees/Registrants
by the Numbers ………………………............…….. 10
Activity by the Numbers ………………….…..…..… 10
Activity by the Institution ……………….…….…….. 10
Financial Institutions Total Resources …….….….. 11
Banks
State-Chartered Commercial Banks
Balance Sheet Statement …………...…….…….… 12
State-Chartered Banks …………………....……….. 13
Historical Data
State-Chartered Banks………………..….….….…… 18
Registered Bank Holding Companies .….….…… 21
Commercial Bank Members of the
Federal Reserve System ……………..………….. 27
Trusts
State-Chartered Banks Authorized
to Operate with Trust Powers …….……………….. 28
State-Chartered Trust Companies
Comparative Statement …….…….………….….… 33
Credit Unions
State-Chartered Credit Unions …….………..…..... 29
Credit Unions Comparative Statement …......….… 30
Savings & Loans
State-Chartered Savings & Loan Associations
Comparative Statement ……………………......….. 32
www.ndbf.ne.gov 2010 NDB&F Annual Report
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Director……………………………………….……. John Munn
Deputy Director .............................................. Ray A. Pont
Review Examiners ........................ Amy Greenwood-Field
Gregory G. Freese
Kelly J. Lammers
Nick Lenzen
Kent W. Plummer
Senior Examiner/Central Scheduler ................. Tony Kriz II
Credit Unions/Savings & Loans Examiner…. Steve Wohleb
Information Technology Examiner ............ Micheal Rafferty
Omaha District Bank Examiners
Tony Kopf, Supervising Examiner
Paul E. Carpenter
Jennifer Durow
John Erbynn
Caroline Funk
*Kelsi Hewitt
James P. McTygue
Xun Wang
Lincoln District Bank Examiners
Joel D. Fanders, Supervising Examiner
Matthew Beying
Neil T. Butler
Mike Cornelius
Brian Nielsen
Darcy Tinney
Kearney District Bank Examiners
Michael Miller, Supervising Examiner
*Sarah Auld
Rhonda Johnson
Jaunita Koerner
Tony Kriz II
Perry T. Neill
Rachel Newell
Steven D. Schepers
*Lisa Sigman
Trust Examiners
Steven K. Spady, Supervising Examiner
Kenneth B. Spellmeyer
Consumer Credit and Delayed Deposit Services Examiners
*John Flores
Scott Peter
Steve Wohleb
Examiner Trainer ...............................................Tony Kopf
Administrative Assistant................................ Bobbi J. Irons
Kathy Sparks
*Pam Wilson
Staff Assistant ...................................... Sharon Christensen
Typist....................................................... *Betty L. Fogerty
Assistant Director ...................................... Jack E. Herstein
Legal Counsel ........................................... Sheila J. Cahill
Examiner III ................................................ Jackie L. Walter
Office Clerk ........................................... Pamela S. Burnham
Investigation & Compliance (Investigations)
Unit Supervisor ..................................... Thomas A. Sindelar
Securities Analyst ....................................... Karen Reynolds
Investigation & Compliance (Registration and Compliance)
Unit Supervisor ........................................ Rodney R. Griess
Securities Analyst ...................................... Jerry McFarland
Staff Assistants ........................................... Ashley Heitman
Amy Gagner
General Counsel .................... Patricia A. Humlicek Herstein
Legal Counsel-Financial Institutions...Michael W. McDannel
Legal Counsel-Consumer Finance…........ Michael Cameron
Staff Attorneys …………………………..…… Katherine Kuhn
William Troshynski, Jr.
Paralegals ............................................................ Pam Flott
Beth Wanek
Administrative Assistant ............................ Lou A. Meisinger
Staff Assistant II ......................................... Debbie L. Yost
Staff Assistant .................................................... Cindy Faris
Business Manager.......................................... Margo Sawyer
Administrative Assistant ................................... Anita Bietz
Accounting Clerk ............................................* Pam Wilson
Secretary/Receptionist ......................................... Julie Foral
Public Information Officer.......... *Patricia Saldana-Neumann
Human Resources Manager .............................. Jill Staberg
Secretary ........................................................... Sara Kinney
Information Technology Administrator ....... Kelly J. Lammers
Infrastructure Support Analyst Senior........ Deborah A. Caha
Infrastructure Support Analyst Senior……………. Rick Miller
Infrastructure Support Analyst .............................Chris Voss
* Staff who left the Department during the fiscal year.
Staff
Financial Institutions Division
Information Systems Division
Human Resources Division
Communications/Outreach
Business/Accounting Division
Legal Division
Bureau of Securities
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www.ndbf.ne.gov 2010 NDB&F Annual Report
A Year in Review
FINANCIAL INSTITUTIONS
Ray A. Pont, Deputy Director
A significant undertaking of the Financial Institutions
Division during this report year has been the licensing of
Mortgage Loan Originators (MLOs). This responsibility
was given to the Department by the State Unicameral in
2009 in response to federal legislation (commonly known
as the SAFE Act) which mandated individual state
licensing of MLOs or federal licensing if a state chooses
not to do so. MLOs that need to be licensed are those
individuals that work with consumers in arranging
residential mortgage loans and work for entities other
than banks or bank holding companies. Licensing is
accomplished via the Nationwide Mortgage Licensing
System (NMLS), which the Department joined January 1,
2008 and has used subsequently to license mortgage
banker entities. The deadline for the initial licensing of
MLOs was July 31, 2010. The Department dealt with 996
MLO applications during this cycle. Preparing for the
licensing process, and actually completing the licensing
process, involved a herculean effort on the part of
numerous staff members.
There has been much written at the national level about
the poor condition of the banking industry. This seems
like a good time to highlight how well Nebraska
state-chartered banks are doing vs. all U.S. commercial
banks. As of 12-31-09, our banks were faring quite well
in the areas of profitability, non-performing assets, and
core funding, as depicted in the following chart:
To a certain degree we may thank the recent stability of
the agricultural economy, and the basic
conservativeness of Nebraska bankers.
In my last annual report, I wrote about the charter
conversion of national banks to state banks. Those
numbers were four in 2005, three in 2006, one in 2007,
one in 2008, and as of that writing, one in 2009. During
calendar year 2009, a total of five banks converted, and
through June 30, 2010 three converted. Again, no
clear pattern is emerging.
Finally, I began last year’s report with information about
the hiring and training of new bank examiners. I am
pleased to report their progress continues, with all those
who remain on staff having been promoted to Junior
Examiner from Examiner Trainee.
Nebraska
US
Number of banks at report date
179
6,839
Annualized % return on assets
1.00
0.09
Percentage of unprofitable
institutions
11.17
29.38
Percentage of non-performing
assets to assets
1.41
3.36
Percentage of core deposits to
total liabilities
73.46
56.08
Left to Right:
Sara Kinney, Secretary; Anita Bietz, Administrative
Assistant; Julie Foral, Secretary/Receptionist
www.ndbf.ne.gov 2010 NDB&F Annual Report
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BUREAU OF SECURITIES
Jack E. Herstein, Assistant Director
Bureau of Securities
The Nebraska Bureau of Securities regulates the offer
and sales of investments to Nebraska residents. This
is accomplished using a variety of regulatory and
enforcement tools, including registration requirements
for securities. The Bureau also licenses and
examines securities broker-dealers and investment
advisers firms licensed to do business in Nebraska.
The Bureau provides technical assistance to small
businesses, responds to consumer complaints,
undertakes investigations based upon complaints and
undercover work, and brings appropriate
administrative and civil actions and refers criminal
cases for prosecution. Over 80,000 individuals and
firms provided securities investments and advice to
Nebraska citizens. Currently there are approximately
74,970 broker dealer agents, 1,425 broker dealer
firms, 1,115 investment advisers and notice filers, and
3,273 investment adviser representatives registered to
conduct business with Nebraska residents. More
than $17 billion of securities products were offered to
Nebraska investors last fiscal year.
The Division of Enforcement and Compliance provides
protection for investors under the Securities Act of
Nebraska. The two divisions of the Securities Bureau
employ examiners, investigators and administrative
staff who pursue claims against registered
broker-dealers and investment advisers as well as
non-registrants and those who sell unregistered
securities.
Members of the Enforcement staff continuously monitor
newspaper ads, radio and television ads, e-mail and online
ads in order to uncover investment scams targeting
Nebraskans on a real-time basis. Early action prevents
investor losses.
The Bureau works directly with entities it regulates through
examinations and market surveillance activity in an effort
to assure the public of adequate protection for their
investments. A total of 41 enforcement actions were
taken this year, and the Bureau assisted in the preparation
of two criminal referrals.
The Bureau administers and enforces the following
Nebraska statutes:
* Securities Act of Nebraska
* Nebraska Loan Broker Act
* Nebraska Commodity Code
* Seller-Assisted Marketing Plan Act
* Consumer Rental Purchase Agreement Act
The Bureau investigates alleged violations of these
statutes as well as initiating administrative proceedings
and forwarding case referrals to other law enforcement
agencies to prosecute persons who have violated these
statutes.
The total budget appropriated for the Bureau for the time
period of July 1, 2009 to June 30, 2010 was
$1,662,601.90, with total expenditures of $1,291,930.62.
Total revenue by the Bureau for the same time period was
$24,829,283.00. For every dollar spent, the Bureau
generated $19.21 in return.
The Bureau also actively engages in providing consumer
education presentations and distributing basic personal
finance and investor educational materials.
Highlights for the year included participating in NET’s
Television production of “Smart Investing, Safe Investing”
program by staff members taping a show regarding
questions on basic investor education; continuing to give
support to the Nebraska Council on Economic Education
for use in helping to sponsor economic courses and
workshops for teachers, and the Nebraska Stock Market
Game; and teaming with AARP in Nebraska to launch the
Free Lunch Seminar Monitor program to determine if older
investors are being pressured into purchasing investments
that are not suitable for them.
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www.ndbf.ne.gov 2010 NDB&F Annual Report
LEGAL DIVISION
Patricia A. Humlicek Herstein, General Counsel
Much of the financial sector was impacted by legislation
introduced on behalf of the Department in the 2010
legislative session. The Department is most appreciative
of the efforts of Senator Rich Pahls and Senator Pete
Pirsch, the Chair and Vice Chair, respectively, of the
Legislature’s Banking, Commerce, and Insurance
Committee, and Committee Counsel Bill Marienau for
passage of the Department’s three financial institution and
entity bills, and those of Senator Mike Gloor who
spearheaded the agency’s securities legislation.
LB 890 updated laws relating to depository financial
institutions. Included in the changes were the
strengthening of the penalties for lending limit violations; a
more efficient method of notifying institutions of the filing of
applications; a delineation of how capital for mutual
savings banks is to be calculated; the providing of
authority to the Department to take corrective
administrative action when a bank holding company’s
officer or director is engaging in detrimental actions; an
additional exception to bank and trust company change of
control applications; and a date revision for the three
wild-card laws.
LB 891 provided the authority for a conditional state bank
charter that may be used to acquire a financial institution
that has been determined to be failing or troubled by its
primary state or federal regulator. The conditional charter
could then be converted to full bank charter status if such
an acquisition occurs. The Federal Deposit Insurance
Corporation, which conducts the bidding and acquisition
process for failed banks and savings associations, does
not allow individuals to participate in the process. The
conditional bank charter is necessary to facilitate
participation
LB 892 updated and clarified provisions of the
Residential Mortgage Licensing Act and the Installment
Loan Act in relation to mortgage loan originators and
reverse mortgages. Substantive provisions in the bill
provided an extension of the deadline for registration of
mortgage loan originators employed by financial
institutions; a reinstatement of language relating to
notifications of material developments by licensees; a
bar against hiring a person who has had a mortgage
loan originator license revoked by any state; and the
expansion of reverse mortgage loan requirements to all
non-depository home mortgage lenders doing business
in Nebraska.
LB 814 addressed Section 8-1111(9), a transactional
exemption from registration under the Securities Act of
Nebraska. The law was amended to provide that once
an issuer raises one million dollars, or the exemption is
continuously claimed for five years (whichever comes
first), a sales report and audited financials must be filed
with the Department. Subsequently, the sales report
and audited financials would need to be repeated after
every additional million dollars is raised or after five
more years of continuous filing (again, whichever occurs
first). The bill addressed a recent instance where
affiliated companies made continuous repeat filings
under this exemption, generating sales to many
persons. Dishonest business practices led to eventual
business failure and large losses for investors.
Left to Right:
Debbie Yost, Staff Assistant; Katherine Kuhn, Staff
Attorney; Rod Griess, Investigation & Compliance
Supervisor
www.ndbf.ne.gov 2010 NDB&F Annual Report
9
Bureau of Securities
Revenues
Beginning Balance
$24,719,989
Securities and Registration Fees
$17,213,135
Private Offering Fees
$64,400
Broker-Dealer/Broker-Dealer
Agents/Investment Advisor Fees
$4,469,270
Interest Income
$864,249
Cost of Investigations
$2,199,150
Miscellaneous
$34,096
Unregistered Securities or Firms
$0
Total Revenues for Fiscal Year
$24,844,300
Expenditures
Employee Salaries & Benefits
$1,080,757
Operating Expenses
$211,157
Capital Expenditures
$17
Total Expenditures
for Fiscal Year
$1,291,931
Contribution to State
Monies transferred to the State of
Nebraska General Fund
$24,286,041
ENDING BALANCE
$23,986,318
Enforcement Actions
Fines/Penalties
$79,600
The Department is fully funded from fees received from the
industries it regulates. Fees are deposited in two funds with
one used for supervision by the Financial Institutions
Division and the other by the Bureau of Securities.
The Financial Institutions fund receives most of its revenue
from an annual assessment based on assets and
examination fees. The Bureau of Securities is funded through
fees from the registration of securities and the licensing of
securities industry personnel.
Department Budget & Funding
Fiscal Year July 1, 2009 – June 30, 2010
Financial Institutions
Revenues
Beginning Balance
$1,645,255
Banking & Trusts Companies
$4,150,591
Credit Unions &
Savings and Loan
$105,264
Mortgage Lending
$365,391
Sale of Checks &
Funds Transmission
$19,250
Delayed Deposit Services
$320,682
Consumer Lending
$47,295
Total Revenues for Fiscal Year
$5,008,474
Expenditures
Employee Salaries & Benefits
$3,908,723
Operating Expenses
$811,481
Capital Expenditures
$1,658
Total Expenditures
for Fiscal Year
$4,721,862
ENDING BALANCE
$1,931,867
Enforcement Actions
Total fines and penalties collected
from enforcement cases
$175,894
Monies secured for the Permanent
School Fund.
$333,950
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www.ndbf.ne.gov 2010 NDB&F Annual Report
Numbers include main offices only.
Financial Institutions
6/30/2005
6/30/2006
6/30/2007
6/30/2008
6/30/2009
6/30/2010
State-Chartered Banks
184
187
187
182
180
178
Savings & Loan Associations
2
1
1
1
1
1
Credit Unions
25
22
22
21
19
19
Trust Companies
4
4
4
4
4
3
Delayed Deposit Services
106
129
136
139
127
116
Installment Loan Companies
39
38
39
35
16
14
Sales Finance Companies
188
180
172
178
126
106
Mortgage Bankers
596
663
589
402
343
282
Activity by the Numbers
Conversion to State-Chartered Bank
7
Branch Relocations Approved
0
Mergers Approved
7
Name Changes
2
Branch Acquisitions Approved
0
Bank Closings
0
New Bank Branch Offices Approved
10
Loan Production Office Notices Received
13
Conversion to State-Chartered Bank
Former Institution
Current Institution
City
Date of
Conversion
The City National Bank of Greeley
CNB Community Bank
Greeley
11/16/2009
Citizens National Bank of Wisner
Citizens State Bank
Wisner
12/7/2009
The Farmers & Merchants National Bank
of Ashland
Farmers & Merchants Bank of Ashland
Ashland
12/15/2009
The Stanton National Bank
Stanton State Bank
Stanton
12/21/2009
F & M Bank, National Association
F & M Bank
West Point
6/1/2010
First National Bank
First Community Bank
Beemer
6/10/2010
First National Bank & Trust
First Bank & Trust of Fullerton
Fullerton
6/28/2010
Mergers Approved
Institution
City
Acquired
Date of
Merger
Citizens Bank & Trust Company
St. Paul
Citizens Bank, Loup City
10/9/2009
The Tilden Bank
Tilden
Citizens State Bank, Clearwater
7/29/2009
Citizens Bank & Trust Company
St. Paul
Central Bank, Central City
11/2/2009
Security First Bank
Lincoln
The First National Bank of Valentine, Valentine
1/6/2010
Cornerstone Bank
York
Harvard State Bank, Harvard
3/19/2010
First State Bank
Lincoln
DeWitt State Bank, DeWitt
4/21/2010
First State Bank
Lincoln
The Farmers Bank, Lincoln
4/21/2010
Financial Institutions Division
By the Numbers
Branch Acquisitions Approved
Institution
City
Branch Acquired
Date Acquired
None
Activity by Institution
Financial Institutions Division
www.ndbf.ne.gov 2010 NDB&F Annual Report
11
New Bank Branch Offices Approved
Institution
City
Branch Location
Date of Approval
First State Bank
Lincoln
Filley
7/28/2009
Union Bank and Trust Company
Lincoln
Leawood, KS
9/21/2009
Foundation First Bank
Waterloo
Omaha
10/5/2009
First State Bank
Lincoln
Lincoln
10/16/2009
Bank of Doniphan
Doniphan
Grand Island
10/19/2009
Bruning State Bank
Bruning
Holdrege
11/12/2009
Frontier Bank
Madison
Lincoln
12/7/2009
Nebraska State Bank and Trust Company
Broken Bow
Callaway
12/10/2009
Citizens State Bank
Wisner
West Point
5/10/2010
Heritage Bank
Aurora
Broken Bow
6/9/2010
Loan Production Office Notices Received
Institution
City
Location
Date Received
Bruning State Bank
Bruning
Holdrege
8/21/2009
First State Bank
Lincoln
Valley
10/1/2009
Frontier Bank
Madison
Lincoln
10/5/2009
Citizens State Bank
Wisner
West Point
11/5/2009
Cornhusker Bank
Lincoln
Lincoln
11/9/2009
Centennial Bank
Omaha
Bellevue
11/25/2009
State Bank of Riverdale
Riverdale
Ord
1/11/2010
Heritage Bank
Aurora
Broken Bow
4/15/2010
Sandhills State Bank
Bassett
Harrison
4/23/2010
Sandhills State Bank
Bassett
North Platte
4/23/2010
The Tilden Bank
Tilden
Madison
4/29/2010
Sandhills State Bank
Bassett
Valentine
5/14/2010
State Bank of Riverdale
Riverdale
Kearney
6/23/2010
Branch Office Relocations Approved
Institution
City
Branch Relocation
Date Opened
None
Name Changes
Prior Name of Institution
Current Name
City
Date of Approval
The Bank of Madison
Frontier Bank
Madison
10/2/2009
Commercial Bank
Sandhills State Bank
Bassett
5/3/2010
Bank Closing
Name of Institution
Location
Date Closed
None
Institutions
Number
6/30/2009
Number
6/30/2010
Assets 6/30/2009
Assets 6/30/2010
Gain (Loss)
State-Chartered Commercial Banks
180
178
$22,570,676,000
$26,080,785,000
$3,510,109,000
Savings & Loan Associations
1
1
$1,148,064
$1,127,764
($20,300)
Credit Unions
19
19
$570,898,443
$598,022,945
$27,124,502
Trust Companies
4
3
$2,192,297
$2,444,389
$252,092
Institutions Total Financial Resources
12
www.ndbf.ne.gov 2010 NDB&F Annual Report
State-Chartered Commercial Banks Balance Sheet Statement
June 30, 2008
June 30, 2009
June 30, 2010
Number of Institutions
182
180
178
ASSETS: (Dollar amounts in thousands)
Non-Interest Bearing Balances
679,063
565,511
563,244
Interest Bearing Balances
261,460
666,450
1,113,540
Securities
3,208,768
3,583,311
4,307,466
Federal Funds Sold & Securities Purchased to Resell
336,077
751,916
324,322
Loans and Leases
14,723,951
16,059,818
18,808,672
Allowance for Loan Losses
213,212
237,619
348,421
Loan and Leases, Net
14,510,739
15,822,199
18,460,251
Assets held in Trading Accounts
22,169
26,218
0
Premises and Fixed Assets
356,559
355,796
368,335
Other Real Estate Owned
39,984
55,652
83,234
Intangible Assets
134,534
141,510
145,876
Other Assets, Net
592,101
602,113
714,517
Total Assets & Losses Deferred
$20,141,454
$22,570,676
$26,080,785
LIABILITIES: (Dollar amounts in thousands)
Deposits
Domestic Non-interest Bearing Deposits
1,742,873
1,903,808
2,107,766
Domestic Interest Bearing Deposits
14,196,907
16,271,281
17,354,272
Total Domestic Deposits
15,939,780
18,175,089
19,462,038
Federal Funds Purchased & Securities Sold
460,184
368,849
388,935
Other Borrowed Money
1,400,518
1,425,350
3,356,778
Mortgage Indebtedness
0
0
0
Notes and Debentures
0
38,200
10,397
Other Liabilities
218,126
233,187
244,764
Total Liabilities
$18,018,608
$20,240,675
$23,462,912
EQUITY CAPITAL
Perpetual Preferred Stock
4,527
8,844
8,029
Common Stock
131,224
131,992
131,095
Surplus
1,038,491
1,125,660
1,314,532
Undivided Profits
948,604
1,063,484
1,164,217
Other Equity Capital Components
21
Total Equity Capital
2,122,846
2,330,001
2,617,873
Total Liabilities & Equity Capital
$20,141,454
$22,570,676
$26,080,785
Aggregate Deposit Totals – Deposit Limitation
Please refer to the Department’s Web site at www.ndbf.ne.gov for total deposits for all banks
and savings and loan associations in Nebraska as of June 30, 2010.
www.ndbf.ne.gov 2010 NDB&F Annual Report
13
Banks are listed in the order of the city in which the main office is located and include full service branches, mobile branches
and loan production offices. Unless otherwise noted, locations are in Nebraska.
Institution
Main Offices
(Nebraska)
Branch offices, loan production offices (LPO) and
mobile branches (Mobile).
Adams State Bank
Adams
Community Bank
Alma
Stamford
Security State Bank
Ansley
Dundee Bank, Omaha; Dunning (LPO)
Farmers and Merchants Bank of Ashland
Ashland
Ashland
Ashton State Bank
Ashton
Auburn State Bank
Auburn
Farmers & Merchants Bank
Axtell
Parker, CO (LPO)
State Bank of Bartley
Bartley
Stockmens Bank, Colorado Springs, CO
Sandhills State Bank
Bassett
Valentine (LPO), North Platte (LPO), Harrison (LPO)
Battle Creek State Bank
Battle Creek
First State Bank
Beaver City
First Community Bank
Beemer
Bancroft; Homer
Bank of the Valley
Bellwood
David City; Platte Center
Heartland Community Bank
Bennet
Avoca; Nebraska City; Weeping Water
Bank of Bennington
Bennington
Douglas County (mobile); Omaha
Bank of Bertrand
Bertrand
Two Rivers Bank
Blair
Arlington
Washington County Bank
Blair
Tekamah
Farmers and Merchants State Bank
Bloomfield
South Yankton; Center; Crofton; Hartington; Niobrara
The Boelus State Bank
Boelus
Nebraska State Bank
Bristow
Nebraska State Bank and Trust Company
Broken Bow
Mason City; Merna; Octonto; Callaway
Bruning State Bank
Bruning
Hebron; Holdrege; Bank of Broken Bow, Broken Bow
Brunswick State Bank
Brunswick
Winnetoon
Butte State Bank
Butte
Spencer
Byron State Bank
Byron
Pathway Bank
Cairo
Grand Island; Burwell; Ord
First Central Bank
Cambridge
Arapahoe; Edison
South Central State Bank
Campbell
Blue Hill; Franklin; Oxford
Citizens State Bank
Carleton
Farmers State Bank
Carroll
Commercial State Bank
Cedar Bluffs
Cedar Rapids State Bank
Cedar Rapids
CerescoBank
Ceresco
Chambers State Bank
Chambers
State-Chartered Banks (for the period ending June 30, 2010)
State-Chartered Banks (for the period ending June 30, 2010)
14
www.ndbf.ne.gov 2010 NDB&F Annual Report
Institution
Main Office
(Nebraska)
Branch offices, loan production offices (LPO) and
mobile branches (Mobile).
State Bank of Chester
Chester
Bank of Clarks
Clarks
Silver Creek
Clarkson Bank
Clarkson
State Bank of Colon
Colon
Columbus Bank & Trust Company
Columbus
Columbus
Farmers Bank of Cook
Cook
Liberty; Peru; Syracuse; Tecumseh; Virginia; Wymore
Homestead Bank
Cozad
St. Paul; Wolbach
First Bank and Trust Company
Cozad
Clay Center; Eustis; Imperial; Mountain View Bank, Colorado
Springs, CO; Plum Creek Bank, Lexington
The Culbertson Bank
Culbertson
Curtis State Bank
Curtis
Frontier Bank
Davenport
Omaha (LPO)
Jefferson County Bank
Daykin
Farmers State Bank
Dodge
Bank of Doniphan
Doniphan
Grand Island; Hastings
Eagle State Bank
Eagle
Bank of Elgin
Elgin
American Interstate Bank
Elkhorn
Omaha
American Exchange Bank
Elmwood
Eagle
Ericson State Bank
Ericson
Farmers State Bank
Ewing
Farmers State Bank
Fairmont
Richardson County Bank & Trust Company
Falls City
Stella
First State Bank
Farnam
Holbrook; Medicine Creek Bank, Cambridge
Cedar Security Bank
Fordyce
Hartington; Wynot
Franklin State Bank
Franklin
First State Bank & Trust Company
Fremont
Fremont (3); Fremont (Mobile)
First Bank & Trust of Fullerton
Fullerton
St. Edward
Geneva State Bank
Geneva
Geneva (2); Grafton; Hastings; Kearney; Shickley
Exchange Bank
Gibbon
Grand Island (2)
First State Bank
Gothenburg
Gothenburg; LaVista; Omaha (2); Englewood, CO (LPO);
Ralston; Lincoln (LPO)
The Gothenburg State Bank and Trust
Company
Gothenburg
Brady
Five Points Bank
Grand Island
Grand Island (5); Kearney (2); Sumner
CNB Community Bank
Greeley
The Guide Rock State Bank
Guide Rock
Edgar
Banner County Bank, Inc.
Harrisburg
Bank of Hartington
Hartington
Hartington
Five Points Bank of Hastings
Hastings
Hastings (2)
Hastings State Bank
Hastings
Fairfield; Hastings; Roseland; HS Bank, Lincoln (3)
Thayer County Bank
Hebron
Henderson State Bank
Henderson
Greeley; York
Hershey State Bank
Hershey
North Platte (LPO); Sutherland (LPO)
The State Bank of Hildreth
Hildreth
www.ndbf.ne.gov 2010 NDB&F Annual Report
15
Institution
Main Office
(Nebraska)
Branch offices, loan production offices (LPO) and
mobile branches.
First State Bank
Hordville
Farmers State Bank
Humphrey
Platte Valley State Bank & Trust Company
Kearney
Grand Island; Kearney (2); Kearney (Mobile)
Adams County Bank
Kenesaw
Juniata
Bank of Keystone
Keystone
Arthur; Hyannis; Commercial State Bank, Elsie
FirsTier Bank
Kimball
Elm Creek; Holdrege; Kearney; Lincoln (LPO); Cheyenne, WY;
Upton, WY
Bank of Nebraska
LaVista
Bellevue; LaVista; Omaha (2); Papillion (LPO)
Bank of Lewellen
Lewellen
City Bank & Trust Co.
Lincoln
Crete; Lincoln (2)
Cornhusker Bank
Lincoln
Lincoln (8); Lincoln (LPO)
First State Bank
Lincoln
Cortland; Dorchester; Firth; Hallam; Hickman; Lincoln (4); Wilber;
Yutan; Valley (LPO); Filley; DeWitt; Pickrell; Waverly, Western
Nebraska Bankers’ Bank
Lincoln
Pinnacle Bank
Lincoln
Abilene, KS (3); Arnold; Aurora (2); Beatrice (2); Central City;
Columbus (3); Columbus (Mobile); Crete; Elkhorn; Elwood;
Grant; Gretna; Imperial; Lake Lotawana, MO; LaVista; Lexington
(2); Lincoln (12); Lincoln (Mobile); Madison; Neligh (2); O’Neill;
Ogallala; Omaha (6); Osceola; Page; Palmer; Papillion (2);
Schuyler (2); Shelby; Verdigre; Waverly; Wisner; Olathe, KS
(LPO)
Security First Bank
Lincoln
Beatrice (4); Blue Springs; Clatonia; Cody; Cozad (2); Crawford
(2); Elwood; Harrison; Hay Springs; Lincoln (5); Lincoln (Mobile);
Lincoln (LPO); Martell; Martin, SD (2); Merriman; Omaha (LPO);
Overton; Rapid City, SD; (4); Rushville (3); Sidney; Sidney
(Mobile); Thedford; Cortland
Union Bank and Trust Company
Lincoln
Ainsworth; Auburn; Bonner Springs, KS; Crete; David City;
Fairbury; Grand Island; Kansas City, KS; Leawood, KS; Lincoln
(17); Omaha (2); Overland Park, KS; Pawnee City; Seward;
Taylor; Valentine; Wahoo; York; Beatrice (LPO); Columbus
(LPO); Kearney (LPO); Lincoln (LPO); Logan, IA (LPO); Norfolk
(LPO); Syracuse (LPO)
West Gate Bank
Lincoln
Lincoln (6); Lincoln (Mobile)
Bank of Lindsay
Lindsay
Lisco State Bank
Lisco
First State Bank
Loomis
Alma
Home State Bank
Louisville
Nebraska State Bank
Lynch
Frontier Bank
Madison
Lincoln; Norfolk; Omaha (LPO)
Security Home Bank
Malmo
Bank of Marquette
Marquette
Farmers State Bank
Maywood
Big Springs; Trenton
First Central Bank McCook
McCook
Curtis (LPO)
Bank of Mead
Mead
Mead
Farmers and Merchants Bank
Milford
Beaver Crossing; Firth; Jansen; Kearney (2); Lawrence; Palmyra;
Panama; Superior; Weeping Water; Wilber
Farmers and Merchants Bank
Milligan
First Bank and Trust Company
Minden
16
www.ndbf.ne.gov 2010 NDB&F Annual Report
Institution
Main Office
(Nebraska)
Branch offices, loan production offices (LPO) and
mobile branches (Mobile).
Minden Exchange Bank & Trust Company
Minden
Upland
Corn Growers State Bank
Murdock
Murray State Bank
Murray
Arbor Bank
Nebraska City
Oakland; Omaha (LPO)
Farmers Bank and Trust Company
Nebraska City
The Nehawka Bank
Nehawka
Union
Commercial Bank
Nelson
Bank of Newman Grove
Newman Grove
BankFirst
Norfolk
Columbus (2); Norfolk (2); O’Neill; Ord; Wayne; Lincoln (LPO)
Elkhorn Valley Bank & Trust
Norfolk
Hoskins; Norfolk (4); Pierce
Platte Valley Bank
North Bend
North Loup Valley Bank
North Loup
State Bank of Odell
Odell
Diller
Adams Bank & Trust
Ogallala
Berthoud, CO (2); Brule; Chappell; Colorado Springs, CO (3);
Firestone, CO; Fort Collins, CO; Grant; Imperial; Indianola;
Lodgepole; Madrid; North Platte; Sutherland
Access Bank
Omaha
Omaha (mobile)
Centennial Bank
Omaha
Ashland (1); Ashland (Mobile); Omaha (2); Omaha (Mobile);
Bellevue (LPO)
First Westroads Bank, Inc.
Omaha
Omaha (2); Omaha (Mobile)
Mid City Bank, Inc.
Omaha
Bellevue; Omaha (8)
Omaha State Bank
Omaha
Omaha (4); Omaha (Mobile)
United Republic Bank
Omaha
Bank of Orchard
Orchard
Nebraska State Bank
Oshkosh
Alliance (LPO); Broken Bow (LPO); Curtis (LPO); Shelton (LPO)
Pender State Bank
Pender
Omaha (LPO); Sioux Center, IA (LPO)
Petersburg State Bank
Petersburg
Cass County Bank, Inc.
Plattsmouth
Plattsmouth
Plattsmouth State Bank
Plattsmouth
Plattsmouth (2)
Bank of Dixon County
Ponca
Jackson; Newcastle
The Potter State Bank of Potter
Potter
Bank of Prague
Prague
Purdum State Bank
Purdum
First State Bank
Randolph
Town & Country Bank
Ravenna
Kearney; Litchfield; Pleasanton
Peoples-Webster County Bank
Red Cloud
Republican Valley Bank, Orleans
Commercial State Bank
Republican City
State Bank of Riverdale
Riverdale
Kearney (LPO); Ord (LPO)
State Bank of Scotia
Scotia
First State Bank
Scottsbluff
Colorado Springs, CO; Gering
Platte Valley Bank
Scottsbluff
Bridgeport, Minatare, Morrill, Scottsbluff (2)
Valley Bank and Trust Company
Scottsbluff
Bayard; Gering (2); Grant; Ogallala; Scottsbluff; Wauneta;
Western States Bank, Fort Collins, CO (2); Western States Bank,
Loveland, CO
www.ndbf.ne.gov 2010 NDB&F Annual Report
17
Institution
Main Office
(Nebraska)
Branch offices, loan production offices (LPO) and
mobile branches (Mobile).
Scribner Bank
Scribner
First State Bank
Shelton
World’s Foremost Bank
Sidney
Dakota County State Bank
South Sioux City
South Sioux City (2)
Iowa-Nebraska State Bank
South Sioux City
Hornick, IA; Onawa, IA; Sioux City, IA (3); South Sioux City;
Wakefield; Wilcox
Spencer State Bank
Spencer
Springfield State Bank
Springfield
Citizens Bank & Trust Company in St. Paul
St. Paul
Loup City; Central Bank, Central City
Stanton State Bank
Stanton
Norfolk
Bank of Stapleton
Stapleton
North Platte
The Bank of Steinauer
Steinauer
The Tri-County Bank
Stuart
Atkinson; Bassett; Newport (LPO)
First Tri County Bank
Swanton
Plymouth
State Bank of Table Rock
Table Rock
Dubois; Humboldt; Pawnee City; Roca; Lincoln (LPO)
Tri Valley Bank
Talmage
The Tilden Bank
Tilden
Creighton; Madison (LPO); Citizens State Bank, Clearwater
Countryside Bank
Unadilla
Burr; Syracuse
First Bank of Utica
Utica
Cordova
First Nebraska Bank
Valley
Arcadia; Brainard; Columbus; Decatur; Emerson; Stanton
Oak Creek Valley Bank
Valparaiso
Wahoo State Bank
Wahoo
Wahoo
Farmers State Bank
Wallace
North Platte
Foundation First Bank
Waterloo
Omaha
Commercial State Bank
Wausa
Bellevue (LPO); Elkhorn (LPO); Nebraska City; Bloomfield (LPO)
Horizon Bank
Waverly
McCook; Superior; Waverly
Farmers & Merchants State Bank
Wayne
F & M Bank
West Point
Gretna
Winside State Bank
Winside
Citizens State Bank
Wisner
Belden; Creston; Laurel; Leigh; Spaulding; West Point (LPO)
Heritage Bank
Wood River
Adams County (mobile); Aurora (3); Broken Bow; Buffalo County
(mobile); Doniphan; Grand Island; Hall County (mobile); Hastings
(2); Kearney (2); Loup City; Neligh; St. Paul; Stromsburg
Cornerstone Bank
York
Albion; Aurora; Bartlett; Bradshaw; Central City; Clay Center;
Columbus (3); Geneva; Grand Island (3); Hampton; Henderson;
McCool Junction; Monroe; Polk; Rising City; St. Edward;
Stromsburg; Sutton (2); Waco; York (5); Harvard
York State Bank and Trust Company
York
Geneva; Gresham; York (2)
18
www.ndbf.ne.gov 2010 NDB&F Annual Report
Year
In
Operation
Total Capital
And Reserves
Total
Deposits
Total
Assets
1897
320
$ 9,321,526
$ 13,902,940
$ 23,670,864
1898
324
9,112,456
18,225,180
27,680,475
1899
339
8,215,314
22,499,021
30,683,955
1901
381
8,555,074
27,634,116
36,297,246
1902
429
9,987,372
31,279,615
41,350,747
1903
459
9,986,483
33,596,040
44,678,440
1904
482
10,649,382
36,764,743
48,608,440
1905
530
11,926,588
49,047,081
62,193,973
1906
563
12,257,299
54,113,470
67,977,826
1907
601
13,625,641
60,783,452
73,167,880
1908
615
14,376,722
62,583,790
78,719,474
1909
659
15,727,371
71,647,454
89,134,446
1910
664
16,581,971
70,172,423
88,836,697
1911
669
17,134,008
72,192,000
91,893,258
1912
695
18,602,383
80,631,192
102,569,968
1913
715
19,479,801
89,228,696
112,791,202
1914
765
21,463,151
91,393,643
117,634,172
1915
805
23,523,191
111,119,961
141,703,258
1916
845
25,802,915
158,240,184
193,208,902
1917
923
29,365,323
204,175,998
256,277,509
1918
942
31,401,671
231,560,771
277,394,621
1919
1002
36,079,610
270,505,130
325,554,901
1920
1022
38,266,672
246,604,458
309,707,591
1921
987
34,705,961
210,627,624
268,017,163
1922
955
33,244,250
231,582,121
285,249,243
1923
937
32,883,200
237,552,204
284,897,103
1924
920
32,814,742
262,132,117
310,734,386
1925
879
30,767,239
272,564,233
320,826,854
1926
837
30,288,177
267,390,928
313,407,077
1927
855
29,212,913
266,707,861
310,318,622
1928
726
27,976,756
244,660,162
284,070,749
1929
647
25,875,885
187,394,417
222,769,134
1930
580
23,487,536
138,105,586
167,722,915
1931
472
16,727,262
86,421,090
109,621,464
1932
430
15,140,042
62,867,165
84,517,404
1933
381
14,298,072
57,563,987
72,505,998
1934
309
11,324,328
66,540,391
78,269,301
1935
302
11,307,447
69,116,798
80,831,084
1936
301
11,809,016
74,919,950
87,084,090
1937
296
11,466,639
69,261,285
81,639,898
1938
293
11,621,199
65,573,363
78,140,675
1939
288
12,143,888
69,971,473
81,196,369
1940
284
12,339,843
77,092,644
89,525,065
1941
285
12,884,569
84,936,767
99,040,764
Historical Data – State-Chartered Commercial Banks
Historical Data - - State-Chartered Commercial Banks
www.ndbf.ne.gov 2010 NDB&F Annual Report
19
Year
In
Operation
Total Capital
And Reserves
Total
Deposits
Total
Assets
1942
273
$13,224,408
$134,614,352
$147,895,224
1943
275
14,271,379
195,819,709
210,153,432
1944
278
15,439,463
232,311,061
248,027,844
1945
279
16,330,905
261,960,097
278,379,583
1946
282
18,007,659
334,006,685
352,474,541
1947
282
19,839,672
374,999,948
395,523,900
1948
283
21,741,533
367,447,421
389,682,165
1949
283
24,092,119
354,590,644
379,227,765
1950
287
26,510,366
352,452,505
379,771,197
1951
288
28,772,019
375,394,337
404,909,136
1952
287
30,140,895
392,552,248
425,581,807
1953
289
32,934,902
411,170,139
447,965,252
1954
290
37,042,727
414,773,669
453,268,269
1955
292
39,647,391
408,991,675
451,091,638
1956
293
42,536,145
390,189,854
434,790,998
1957
292
44,944,995
394,979,382
443,503,815
1958
293
48,447,514
415,986,871
467,411,647
1959
295
51,525,789
471,421,079
526,906,743
1960
299
56,723,400
465,951,000
528,210,800
1961
300
60,069,000
500,059,000
564,145,000
1962
301
65,255,000
548,373,000
618,917,000
1963
300
68,980,000
601,454,000
679,710,000
1964
303
77,105,000
654,189,000
741,548,000
1965
304
79,705,803
665,398,095
755,454,341
1966
305
85,584,536
724,470,433
821,238,073
1967
308
92,030,994
791,340,315
893,556,155
1968
308
99,159,681
895,981,916
1,007,600,518
1969
311
109,021,675
1,042,536,046
1,176,376,874
1970
312
121,707,930
1,121,140,134
1,275,660,872
1971
312
134,227,083
1,296,993,158
1,465,787,359
1972
316
151,449,647
1,477,030,337
1,673,205,709
1973
322
171,160,456
1,792,977,624
2,015,843,534
1974
324
196,611,779
2,018,984,528
2,341,434,558
1975
328
221,199,058
2,314,527,530
2,604,661,952
1976
329
250,786,000
2,553,728,000
2,844,966,000
1977
322
280,084,000
2,781,804,000
3,122,977,000
1978
335
313,575,000
3,191,859,000
3,550,011,000
1979
336
353,489,000
3,462,379,000
3,895,422,000
1980
340
406,851,000
3,774,973,000
4,268,013,000
1981
340
457,124,000
4,238,958,000
4,817,262,000
1982
340
504,329,000
4,679,017,000
5,366,954,000
1983
340
554,134,000
5,221,468,000
5,905,803,000
1984
340
591,872,000
5,579,833,000
6,337,343,000
1985
332
602,369,000
5,767,917,000
6,519,664,000
Historical Data – State-Chartered Commercial Banks (continued)
Historical Data - - State-Chartered Commercial Banks (continued)
20
www.ndbf.ne.gov 2010 NDB&F Annual Report
Year
In
Operation
Total Capital
And Reserves
Total
Deposits
Total
Assets
1986
316
$587,630,000
$5,836,576,000
$6,553,386,000
1987
311
593,326,000
5,948,616,000
6,689,535,000
1988
299
633,724,000
6,155,482,000
6,941,344,000
1989
294
673,878,000
6,413,373,000
7,246,867,000
1990
278
719,166,000
6,850,454,000
7,740,897,000
1991
281
775,507,000
7,516,829,000
8,511,052,000
1992
274
835,334,000
7,860,795,000
8,920,189,000
1993
258
871,730,000
8,024,940,000
9,117,993,000
1994
253
900,979,000
8,066,120,000
9,301,831,000
1995
239
997,652,000
8,423,851,000
9,752,609,000
1996
234
1,026,867,000
8,705,436,000
10,100,663,000
1997
229
1,086,698,000
9,238,326,000
10,804,157,000
1998
225
1,110,796,000
9,453,453,000
11,114,113,000
1999
216
1,141,079,000
9,795,909,000
11,670,911,000
2000
204
1,219,339,000
10,542,428,000
12,811,435,000
2001
198
1,340,662,000
11,273,003,000
13,730,070,000
2002
196
1,422,794,000
11,815,637,000
14,486,025,000
2003
192
1,568,094,000
12,933,354,000
15,878,215,000
2004
188
1,869,032,000
13,302,372,000
16,662,927,000
2005
184
1,972,713,000
13,375,402,000
16,859,175,000
2006
187
2,034,579,000
14,142,596,000
17,785,286,000
2007
187
2,168,497,000
14,761,492,000
18,508,808,000
2008
182
2,336,058,000
15,939,780,000
20,141,454,000
2009
180
2,567,620,000
18,175,089,000
22,570,676,000
2010
178
$2,617,873,000
$19,462,038,000
$26,080,785,000
Historical Data – State-Chartered Commercial Banks (continued)
Historical Data - - State Chartered Commercial Banks (continued)
www.ndbf.ne.gov 2010 NDB&F Annual Report
21
Registered Bank Holding Companies (for the period ending June 30, 2010)
Registered Bank Holding Companies (continued)
Bank Holding Companies
Bank Holding Companies
Owned by Holding Companies
Cabela's Ventures, Inc. - Sidney, NE
Cabela's Lodging, LLC - Sidney, NE
Great Wolf Lodge of KC, LLC - Sidney, NE
Three Corners, LLC - Sidney, NE
Cabela's Wholesale - Sidney, NE
TS Manufacturing, LLC
Cabelas.com, Inc.
Van Dyke Supply Co. - Sidney, NE
Legacy Trading Company
Original Creations - Sidney, NE
World's Foremost Bank - Sidney, NE
Campbell State Company - Campbell, NE
South Central State Bank - Campbell, NE
Carleton Agency, Inc. - Carleton, NE
Citizens State Bank - Carleton, NE
Cass County State Company - Plattsmouth, NE
Cass County Bank, Inc. - Plattsmouth, NE
Cattle Crossing, Inc. - Seward, NE
The Cattle National Bank & Trust Company - Seward, NE
Cedar Bancorp. - Hartington, NE
Bank of Hartington - Hartington, NE
Cedar Financial Holding, Inc. - Fordyce, NE
Cedar Security Bank - Fordyce, NE
Cedar Rapids State Company - Cedar Rapids, NE
Cedar Rapids State Bank - Cedar Rapids, NE
Central Bancshares, Inc. - Cambridge, NE
First Central Bank McCook - McCook, NE
First Central Bank - Cambridge, NE
Ceresco Bancorp - Ceresco, NE
CerescoBank - Ceresco, NE
Chambanco, Inc. - Chambers, NE
Chambers State Bank - Chambers, NE
Ewing Agency, Inc. - Chambers, NE
Farmers State Bank - Ewing, NE
Chester Insurance Agency, Inc. - Chester, NE
State Bank of Chester - Chester, NE
Citizens National Corporation - Wisner, NE
Citizens National Bank - Arlington, KS
Citizens State Bank - Wisner, NE
Republic Corporation - Omaha, NE
United Republic Bank - Omaha, NE
City National Bancshares, Inc. - Greeley, NE
The City National Bank of Greeley - Greeley, NE
Clark Bancshares, Inc. - Clarks, NE
Bank of Clarks - Clarks, NE
Clarkson Management Company - Clarkson, NE
Clarkson Bank - Clarkson, NE
CLC Enterprises, Inc. - Nelson, NE
Commercial Bank - Nelson, NE
Commerce Bancshares, Inc. - Kansas City, MO
Commerce Bank, National Association - Omaha, NE
Commercial Investment Company, Inc. - Ainsworth, NE
Commercial National Bank - Ainsworth, NE
Commercial State Holding Company, Inc. - Republican City, NE
Commercial State Bank - Republican City, NE
COMMfirst Bancorporation, Inc. - South Sioux City, NE
Iowa-Nebraska State Bank - South Sioux City, NE
Bank Holding Companies
Owned by Holding Companies
304 Corporation - Omaha, NE
Mid City Bank, Inc. - Omaha, NE
3MV Bancorp, Inc. - Omaha, NE
Access Bank - Omaha, NE
Adbanc, Inc. - Ogallala, NE
Adams Bank & Trust - Ogallala, NE
Ambage, Inc. - Las Vegas, NV
First National Bank and Trust Company - Falls City, NE
American Banc Corporation - Fremont, NE
American National Bank of Fremont - Fremont, NE
American Exchange Company - Elmwood, NE
American Exchange Bank - Elmwood, NE
American Interstate Bancorp., Inc. - Omaha, NE
American Interstate Bank - Elkhorn, NE
American National Corporation - Omaha, NE
American National Bank - Omaha, NE
AmeriGroup, Inc. - Hershey, NE
Hershey State Bank - Hershey, NE
AmeriWest Corporation - Omaha, NE
First Westroads Bank, Inc. - Omaha, NE
Antelope Bancshares, Inc. - Elgin, NE
Bank of Elgin - Elgin, NE
Arlington State Banc Holding Company - Blair, NE
Two Rivers Bank - Blair, NE
Armstrong Financial Company - Minden, NE
Minden Exchange Company - Minden, NE
Minden Exchange Bank & Trust Company - Minden ,NE
Arsebeco, Inc - Falls City, NE
Richardson County Bank & Trust Company - Falls City, NE
Ashland Bancshares, Inc. - Omaha, NE
Centennial Bank - Omaha, NE
Bancook Corporation - Cook, NE
Farmers Bank of Cook - Cook, NE
Bank Management, Inc. - Wahoo, NE
The First National Bank of Wahoo - Wahoo, NE
Banner County Ban Corporation - Harrisburg, NE
Banner County Bank, Inc. - Harrisburg, NE
Battle Creek State Company - Battle Creek, NE
Battle Creek State Bank - Battle Creek, NE
BBJ, Incorporated - Ord, NE
First National Bank in Ord - Ord, NE
Bellwood Community Holding Company - Bellwood, NE
Bank of the Valley - Bellwood, NE
Bradley Bancorp. - Columbus, NE
Columbus Bank & Trust Company - Columbus, NE
Bruning Bancshares, Inc. - Bruning, NE
Bruning State Bank - Bruning, NE
BSB Bancshares, Inc. - Brunswick, NE
Brunswick State Bank - Brunswick, NE
Butte State Co. - Butte, NE
Butte State Bank - Butte, NE
Byron State Inc. - Byron, NE
Byron State Bank - Byron, NE
C.S.B. Co. - Cozad, NE
First National Bank - Chadron, NE
Homestead Bank - Cozad, NE
Cabela's Incorporated - Sidney, NE
World's Foremost Bank - Sidney, NE
Campbell State Company - Campbell, NE
South Central State Bank - Campbell, NE
Carleton Agency, Inc. - Carleton, NE
Citizens State Bank - Carleton, NE
Cass County State Company - Plattsmouth, NE
Cass County Bank, Inc. - Plattsmouth, NE
Cattle Crossing, Inc. - Seward, NE
The Cattle National Bank & Trust Company - Seward, NE
Cedar Bancorp. - Hartington, NE
Bank of Hartington - Hartington, NE
Cedar Financial Holding, Inc. - Fordyce, NE
Cedar Security Bank - Fordyce, NE
Cedar Rapids State Company - Cedar Rapids, NE
Cedar Rapids State Bank - Cedar Rapids, NE
Central Bancshares, Inc. - Cambridge, NE
First Central Bank McCook - McCook, NE
First Central Bank - Cambridge, NE
BANK HOLDING COMPAINES
OWNED BY HOLDING COMPANIES
Registered Bank Holding Companies (for the period ending June 30, 2010)
Indentation implies some ownership. Banks are italicized.
22
www.ndbf.ne.gov 2010 NDB&F Annual Report
CLC Enterprises, Inc. - Nelson, NE
Bank Holding Companies
Owned by Holding Companies
Ceresco Bancorp, Inc. - Ceresco, NE
CerescoBank - Ceresco, NE
Chambanco, Inc. - Chambers, NE
Chambers State Bank - Chambers, NE
Ewing Agency, Inc. - Chambers, NE
Farmers State Bank - Ewing, NE
Chester Insurance Agency, Inc. - Chester, NE
State Bank of Chester - Chester, NE
Citizens National Corporation - Wisner, NE
Citizens National Bank - Arlington, KS
Citizens State Bank - Wisner, NE
Republic Corporation - Omaha, NE
United Republic Bank - Omaha, NE
City National Bancshares, Inc. - Greeley, NE
CNB Community Bank - Greeley, NE
Clark Bancshares, Inc. - Clarks, NE
Bank of Clarks - Clarks, NE
Clarkson Management Company - Clarkson, NE
Clarkson Bank - Clarkson, NE
CLC Enterprises, Inc. - Nelson, NE
Commercial Bank - Nelson, NE
Commercial Investment Co., Inc. - Ainsworth, NE
The Commercial National Bank of Ainsworth - Ainsworth, NE
Commercial State Holding Company, Inc. - Republican City, NE
Commercial State Bank - Republican City, NE
COMMfirst Bancorporation, Inc. - South Sioux City, NE
Iowa-Nebraska State Bank - South Sioux City, NE
Cornhusker Growth Corporation - Lincoln, NE
Cornhusker Bank - Lincoln, NE
Johnstown Charter Bank - Johnstown, IA
Country Bank Shares, Inc. - Milford, NE
Farmers and Merchants Bank - Milford, NE
Curtis Bancorporation, Inc. - Curtis, NE
Curtis State Bank - Curtis, NE
Doniphan Bancshares, Inc. - Doniphan, NE
Bank of Doniphan - Doniphan, NE
DS Holding Company, Inc. - Omaha, NE
DB Holding Company, Inc. - , NE
Omaha State Bank - Omaha, NE
Duroc Investment Company - Table Rock, NE
State Bank of Table Rock - Table Rock, NE
Eagle Capital Co. - Eagle, NE
Eagle State Bank - Eagle, NE
Eberly Investment Company - Stanton, NE
Stanton State Bank - Stanton, NE
Enevoldsen Limited Partnership - Potter, NE
Enevoldsen Management Company - Potter, NE
The Potter State Bank of Potter - Potter, NE
Enterprise Holding Company - Omaha, NE
Enterprise Bank NA - Omaha, NE
Exchange Company - Grand Island, NE
Exchange Bank - Gibbon, NE
First National Bank &Trust Company of Junction -
Junction City, KS
Nebraska National Bank - Kearney, NE
Fairmont Farmers State Company - Fairmont, NE
Farmers State Bank - Fairmont, NE
Farm & Home Insurance Agency, Inc. - Lyons, NE
First National Bank Northeast - Lyons, NE
Farmers & Merchants Financial Corporation - Ashland, NE
Farmers and Merchants Bank of Ashland - Ashland, NE
Registered Bank Holding Companies (continued)
Indentation implies some ownership. Banks are italicized.
www.ndbf.ne.gov 2010 NDB&F Annual Report
23
Bank Holding Companies
Owned by Holding Companies
Farmers & Merchants Investment, Inc - Lincoln, NE
Union Bank and Trust Company - Lincoln, NE
Farmers BancShares, Inc. - Nebraska City, NE
Farmers Bank and Trust Company - Nebraska City, NE
Farmers State Investment Company - Dodge, NE
Farmers State Bank - Dodge, NE
FEO Investments, Inc. - Hoskins, NE
Elkhorn Valley Bank & Trust - Norfolk, NE
Financial Bancshares, Inc. - LaVista, NE
Bank of Nebraska - LaVista, NE
First Beemer Corporation - Beemer, NE
First Community Bank - Beemer, NE
First Central Nebraska Company - Broken Bow, NE
Nebraska State Bank and Trust Company - Broken Bow, NE
First Express of Nebraska, Inc. - Gering, NE
Valley Bank and Trust Co. - Scottsbluff, NE
First Holdrege Bancshares, Inc. - Holdrege, NE
First National Bank of Holdrege - Holdrege, NE
First Kenesaw Company, Inc. - Kenesaw, NE
Adams County Bank - Kenesaw, NE
First Laurel Security Company - Laurel, NE
Security National Bank - Laurel, NE
First National Agency, Inc. - Wayne, NE
First National Bank - Wayne, NE
First National Fairbury Corporation - Fairbury, NE
First National Bank - Fairbury, NE
First National Johnson Bancshares, Inc. - Johnson, NE
First National Bank - Johnson, NE
First National Utica Company - Utica, NE
First Bank of Utica - Utica, NE
First Nebraska Bancs, Inc. - Sidney, NE
First National Bank of Sidney - Sidney, NE
Points West Community Bank - Julesburg, CO
First Newman Grove Bankshares Corp. - Newman Grove, NE
Bank of Newman Grove - Newman Grove, NE
First State Bancorp., Inc. - Randolph, NE
First State Bank - Randolph, NE
First State Bancshares, Inc. - Scottsbluff, NE
First State Bank - Scottsbluff, NE
Security First Bank - Cheyenne, WY
First State Fremont, Inc. - Fremont, NE
First State Bank & Trust Company - Fremont, NE
First York Ban Corp. - York, NE
Cornerstone Bank - York, NE
Firstand Co. - Hordville, NE
First State Bank - Hordville, NE
Firstier II Bancorp - Cheyenne, WY
FirsTier Bank - Kimball, NE
FM Co. - Milligan, NE
Farmers and Merchants Bank - Milligan, NE
FNB Financial Services, Inc - Cambridge, NE
First National Bank - Cambridge, NE
FNS, Inc. - Schuyler, NE
First National Bank - Schuyler, NE
Foundation First Corporation - Omaha, NE
Foundation First Bank - Waterloo, NE
Franklin State Bancshares, Inc. - Franklin, NE
Franklin State Bank - Franklin, NE
Frontier Holdings, LLC - Omaha, NE
Frontier Bank - Davenport, NE
Frontier Bank - Madison, NE
Pender State Bank - Pender, NE
Geneva State Company - Geneva, NE
Geneva State Bank - Geneva, NE
Graff Family, Inc. - McCook, NE
MNB Financial Group, Inc. - McCook, NE
McCook National Bank - McCook, NE
Great Western Bancorporation, Inc. - Omaha, NE
Great Western Bank - Sioux Falls, SD
Hassenstab Management Company, Inc. - Humphrey, NE
Farmers State Bank - Humphrey, NE
Hastings Bancorp, Inc. - Hastings, NE
Hastings State Bank - Hastings, NE
Henderson State Company - Henderson, NE
Henderson State Bank - Henderson, NE
Heritage Group, Inc. - Aurora, NE
Heritage Bank – Wood River, NE
Hildreth State Company, Inc. - Hildreth, NE
The State Bank of Hildreth - Hildreth, NE
Hilltop Bancshares, Inc. - Bennington, NE
Bank of Bennington - Bennington, NE
Hohl Financial, Inc. - Wahoo, NE
Wahoo State Bank - Wahoo, NE
Indentation implies some ownership. Banks are italicized.
Registered Bank Holding Companies (continued)
Registered Bank Holding Companies (continued)
Indentation implies some ownership. Banks are italicized.
24
www.ndbf.ne.gov 2010 NDB&F Annual Report
Bank Holding Companies
Owned by Holding Companies
Hometown Banc Corporation - Grand Island, NE
Five Points Bank of Hastings - Hastings, NE
Five Points Bank - Grand Island, NE
Howard County Land & Cattle Company - Spearfish, SD
Citizens Bank & Trust Company in St. Paul - St. Paul, NE
Isham Management Company - Gordon, NE
First National Bank - Gordon, NE
JDJ Banco, Inc. - Lynch, NE
Nebraska State Bank - Lynch, NE
Jefferson County Bancshares, Inc. - Daykin, NE
Jefferson County Bank - Daykin, NE
Jones National Corporation - Seward, NE
The Jones National Bank and Trust Company of S - Seward, NE
Keystone Investment, Inc. - Keystone, NE
Bank of Keystone - Keystone, NE
Kingsbury BDC Financial Services, Inc. - Ponca, NE
Bank of Dixon County - Ponca, NE
Korell Family Limited Partnership - McCook, NE
AmFirst Financial Services,Inc.-McCook, NE
Amfirst Bank, National Association - McCook, NE
Lauritzen Corporation - Omaha, NE
First National of Nebraska, Inc. - Omaha, NE
First National Bank & Trust Company of Columbus –
Columbus, NE
First National Bank of Kansas - Overland Park, KS
First National Bank of Omaha - Omaha, NE
First National Bank of South Dakota - Yankton, SD
First National Bank - North Platte, NE
First National of Colorado, Inc. - Fort Collins, CO
First National Bank - Fort Collins, CO
First National of Illinois, Inc. - Omaha, NE
Castle Bank, National Association-Dekalb, IL
Platte Valley State Bank & Trust Company -
Kearney,NE
The Fremont National Bank &Trust Company -
Fremont, NE
Houghton State Bank - Red Oak, IA
Shelby County State Bank - Harlan, IA
Washington County Bank - Blair, NE
York State Bank and Trust Company - York, NE
Lauritzen Investments Incorporated - Omaha, NE
Farmers and Merchants State Bank - Bloomfield, NE
Lewellen National Corp. - Lewellen, NE
Bank of Lewellen - Lewellen, NE
Lindsay State Company - Lindsay, NE
Bank of Lindsay - Lindsay, NE
Lisco State Company - Lisco, NE
Lisco State Bank - Lisco, NE
Loomis Company - Omaha, NE
First State Bank - Loomis, NE
Louisville Company - Louisville, NE
Home State Bank - Louisville, NE
Loup Valley Bancshares, Inc. - North Loup, NE
North Loup Valley Bank - North Loup, NE
Mackey BanCo, Inc. - Ansley, NE
Security State Bank - Ansley, NE
Malmo Bancorp., Inc. - Malmo, NE
Security Home Bank - Malmo, NE
Marquette National Company - Marquette, NE
Bank of Marquette - Marquette, NE
McCabe Investments, Inc. - Exeter, NE
First National Bank in Exeter - Exeter, NE
McHugh Investment Co. - Murdock, NE
Corn Growers State Bank - Murdock, NE
Midwest Banc Holding Co. - Pierce, NE
Midwest Bank, NA - Pierce, NE
Midwest Banco Corporation - Cozad, NE
First Bank and Trust Company - Cozad, NE
Indentation implies some ownership. Banks are italicized.
Registered Bank Holding Companies (continued)
Indentation implies some ownership. Banks are italicized.
Registered Bank Holding Companies (continued)
Registered Bank Holding Companies (continued)
Indentation implies some ownership. Banks are italicized.
www.ndbf.ne.gov 2010 NDB&F Annual Report
25
Bank Holding Companies
Owned by Holding Companies
Midwest Independent Bancshares, Inc. - Jefferson City, MO
Nebraska Bankers' Bank - Lincoln, NE
NationWide BancShares, Inc. - West Point, NE
Charter West National Bank - West Point, NE
Nebanco, Inc. - Wallace, NE
American Mortgage Company - North Platte, NE
Farmers State Bank - Wallace, NE
Nebraska Bankshares, Inc. - Farnam, NE
First Gothenburg Bancshares, Inc. - Gothenburg, NE
First State Bank - Gothenburg, NE
First State Bank - Farnam, NE
NebraskaLand Financial Services, Inc. - North Platte, NE
NebraskaLand National Bank - North Platte, NE
O & F Cattle Company - Oshkosh, NE
Nebraska State Bank - Oshkosh, NE
Oakland Financial Services, Inc. - Oakland, IA
Arbor Bank - Nebraska City, NE
First Community Bank - Sidney, IA
Southwest Company Investments, LLC - , IA
Orchard Bancorp - Orchard, NE
Bank of Orchard - Orchard, NE
Pathway Bancorp. - Cairo, NE
Pathway Bank - Cairo, NE
Peoples Bancorp. - Red Cloud, NE
Peoples-Webster County Bank - Red Cloud, NE
Pinnacle Bancorp, Inc. - Central City, NE
Bank of Colorado - Fort Collins, CO
Pinnacle Bank - Keene, TX
Pinnacle Bank - Wyoming - Torrington, WY
Pinnacle Bank - Lincoln, NE
Platte Valley Bancorp, Inc - North Bend, NE
Platte Valley Bank - North Bend, NE
Platte Valley Cattle Company - Grand Island, NE
Town & Country Bank - Ravenna, NE
Platte Valley Financial Service Companies, Inc - Scottsbluff, NE
Platte Valley Bank - Scottsbluff, NE
Platte Valley Bank - Torrington, WY
Tri County Bank - Cheyenne, WY
Prague Company - Omaha, NE
Bank of Prague - Prague, NE
Rae Valley Financials, Inc. - Petersburg, NE
Petersburg State Bank - Petersburg, NE
Riverdale Bancshares, Inc. - Riverdale, NE
State Bank of Riverdale - Riverdale, NE
S & S Investment Company, Inc. - Odell, NE
State Bank of Odell - Odell, NE
Sandhills Financial Services, LLC - Fremont, NE
Sandhills State Bank - Bassett, NE
Schneider Bancorporation - Plattsmouth, NE
Plattsmouth State Bank - Plattsmouth, NE
Scribner Banshares, Inc. - Scribner, NE
Scribner Bank - Scribner, NE
Security National Corporation - Omaha, NE
Security National Bank of Omaha - Omaha, NE
Selko Banco, Inc. - Mead, NE
Bank of Mead - Mead, NE
Shelton Enterprises, Inc. - Shelton, NE
First State Bank - Shelton, NE
Siouxland National Corporation - South Sioux City, NE
Siouxland National Bank - South Sioux City, NE
Southwick Bancorp - Friend, NE
First National Bank of Friend - Friend, NE
Springfield Bank Company, Inc. - Springfield, NE
Springfield State Bank - Springfield, NE
Stamford Banco, Inc. - Stamford, NE
Community Bank - Alma, NE
First Gothenburg Bancshares, Inc. - Gothenburg, NE
First State Bank - Gothenburg, NE
Stapleton Investment Co. - Stapleton, NE
Bank of Stapleton - Stapleton, NE
Indentation implies some ownership. Banks are italicized.
Registered Bank Holding Companies (continued)
Registered Bank Holding Companies (continued)
Indentation implies some ownership. Banks are italicized.
26
www.ndbf.ne.gov 2010 NDB&F Annual Report
Bank Holding Companies
Owned by Holding Companies
State National Bancshares, Inc. - Wayne, NE
The State National Bank and Trust Company - Wayne, NE
Steinauer Bancorp, Inc. - Steinauer, NE
The Bank of Steinauer - Steinauer, NE
Stockmens Limited Partnership - Rushville, NE
Stockmens Financial Corporation - Rapid City, SD
Security First Bank - Lincoln, NE
Swanton Agency, Inc. - Swanton, NE
First Tri County Bank - Swanton, NE
Swedlund Management Company - Murray, NE
Murray State Bank - Murray, NE
TCM Company - Crete, NE
City Bank & Trust Co. - Lincoln, NE
Thayer Agency, Inc. - Hebron, NE
Thayer County Bank - Hebron, NE
The Avoca Company - Omaha, NE
Heartland Community Bank - Bennet, NE
The Carroll Bancorp - Carroll, NE
Farmers State Bank - Carroll, NE
Tilden Bancshares, Inc. - Tilden, NE
The Tilden Bank - Tilden, NE
Tri Valley Bancshares, Inc. - Talmage, NE
Tri Valley Bank - Talmage, NE
Tri-County Company - Stuart, NE
The Tri-County Bank - Stuart, NE
UB, Inc. - Unadilla, NE
Countryside Bank - Unadilla, NE
UniBanc Corp - Maywood, NE
Farmers State Bank - Maywood, NE
Valley Bank Shares, Inc. - Valley, NE
First Nebraska Bank - Valley, NE
Valparaiso Enterprises, Inc. - Valparaiso, NE
Oak Creek Valley Bank - Valparaiso, NE
WallCo, Inc. - Nehawka, NE
The Nehawka Bank - Nehawka, NE
Wausa Banshares, Inc. - Wausa, NE
Commercial State Bank - Wausa, NE
West Gate Banshares, Inc. - Lincoln, NE
West Gate Bank - Lincoln, NE
West Point Bancorp, Inc. - West Point, NE
Dakota County State Bank - South Sioux City, NE
Farmers & Merchants State Bank - Wayne, NE
Town & Country Bank - Las Vegas, NV
Wheeler County Bancshares, Inc. - Ericson, NE
Ericson State Bank - Ericson, NE
Wilber Co. - Lincoln, NE
First State Bank - Lincoln, NE
Williams Financial Corporation - Gothenburg, NE
The Gothenburg State Bank and Trust Company –
Gothenburg, NE
Winside Bancshares, Inc. - Winside, NE
Winside State Bank - Winside, NE
Woodstock Land & Cattle Co. - Fullerton, NE
Fullerton National Bank – Fullerton, NE
Registered Bank Holding Companies (continued)
Indentation implies some ownership. Banks are italicized.
www.ndbf.ne.gov 2010 NDB&F Annual Report
27
Commercial Bank Members of the Federal Reserve System
(for the period ending June 30, 2010)
Institution
Location
Farmers and Merchants Bank of Ashland
Ashland
Auburn State Bank
Auburn
Battle Creek State Bank
Battle Creek
First Community Bank
Beemer
Bank of Bennington
Bennington
Butte State Bank
Butte
Bank of Elgin
Elgin
American Exchange Bank
Elmwood
First Bank & Trust of Fullerton
Fullerton
Five Points Bank
Grand Island
CNB Community Bank
Greeley
Bank of Hartington
Hartington
Five Points Bank of Hastings
Hastings
Platte Valley State Bank & Trust Company
Kearney
First State Bank
Lincoln
Nebraska Bankers' Bank
Lincoln
First Bank and Trust Company
Minden
Bank of Newman Grove
Newman Grove
Adams Bank & Trust
Ogallala
First Westroads Bank, Inc.
Omaha
Town & Country Bank
Ravenna
Platte Valley Bank
Scottsbluff
Stanton State Bank
Stanton
The Tilden Bank
Tilden
First Bank of Utica
Utica
First Nebraska Bank
Valley
Wahoo State Bank
Wahoo
Farmers State Bank
Wallace
Citizens State Bank
Wisner
Cornerstone Bank
York
28
www.ndbf.ne.gov 2010 NDB&F Annual Report
State Banks Authorized to Operate with Trust Powers
(for the period ending June 30, 2010)
Institution
Location
Heritage Bank
Aurora
Nebraska State Bank and Trust Company
Broken Bow
Bruning State Bank
Bruning
Pathway Bank
Cairo
Columbus Bank & Trust Company
Columbus
First Bank and Trust Company
Cozad
Homestead Bank
Cozad
Richardson County Bank & Trust Company
Falls City
First State Bank & Trust Company
Fremont
Geneva State Bank
Geneva
First State Bank
Gothenburg
The Gothenburg State Bank and Trust Company
Gothenburg
Five Points Bank
Grand Island
Platte Valley State Bank & Trust Company
Kearney
City Bank & Trust Co.
Lincoln
Pinnacle Bank
Lincoln
Security First Bank
Lincoln
Union Bank and Trust Company
Lincoln
Frontier Bank
Madison
First Bank and Trust Company
Minden
Minden Exchange Bank & Trust Company
Minden
Arbor Bank
Nebraska City
Farmers Bank and Trust Company
Nebraska City
Elkhorn Valley Bank & Trust
Norfolk
Adams Bank & Trust
Ogallala
Centennial Bank
Omaha
Omaha State Bank
Omaha
First State Bank
Scottsbluff
Platte Valley Bank
Scottsbluff
Valley Bank and Trust Co.
Scottsbluff
Citizens Bank & Trust Company in St. Paul
St. Paul
Cornerstone Bank
York
York State Bank and Trust Company
York
State-Chartered Banks Authorized to Operate with Trust Powers
(for the period ending June 30, 2010)
www.ndbf.ne.gov 2010 NDB&F Annual Report
29
Institution
Main Office
Branch Offices
Western Heritage Credit Union
Alliance
Gering; Scottsbluff
Archer Cooperative Credit Union
Archer
Central City; Chapman; Dannebrog
Dale Employees Credit Union
Columbus
Norfolk
Eddyville Cooperative Credit Union
Eddyville
Glenvil Cooperative Credit Union
Glenvil
Ameritas Employees Credit Union
Lincoln
Lincoln
Construction Industries Credit Union
Lincoln
Labor Department Credit Union
Lincoln
Liberty First Credit Union
Lincoln
Lincoln (2)
Lincoln S.D.A. Credit Union
Lincoln
MembersOwn Credit Union
Lincoln
Beatrice
Nebraska R.E.A. Credit Union
Lincoln
Nebraska State Employees Credit Union
Lincoln
Beatrice; Fremont; Omaha
North Platte Union Pacific Employees Credit Union
North Platte
First Nebraska Educators & Employee Groups
Omaha
Lincoln (2); Omaha (2)
Omaha Burlington Employees Credit Union
Omaha
Omaha Firefighters Credit Union
Omaha
Our Family Social Credit Union
Omaha
H.B.E. Credit Union
Seward
State-Chartered Credit Unions (for the period ending June 30, 2010)
State-Chartered Credit Unions (for the period ending June 30, 2010)
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www.ndbf.ne.gov 2010 NDB&F Annual Report
State-Chartered Credit Unions Comparative Statement
1 / Categories reflect report change in 2006
2 / Categories only available prior to 2006
3 / Other real estate prior to 2004
4 / Previously listed as an investment
June 30, 2008
June 30, 2009
June 30, 2010
ASSETS
Unsecured Credit Card Loans
$3,959,718
$4,267,022
$5,436,586
All Other Unsecured Loans
11,239,391
11,826,746
13,568,099
New Auto Loans
26,208,892
24,823,910
22,062,777
Used Auto Loans
82,455,134
91,129,425
111,345,365
1st Mortgage Real Estate Loans
98,713,672
106,434,352
111,744,570
Other Real Estate Loans
72,529,236
71,262,060
68,479,347
Leases Receivable
189,643
70,966
10,864
Other Member Loans
33,733,726
36,829,431
36,696,485
All Other Loans
TOTAL LOANS
$329,029,412
$346,643,912
$369,344,093
Loans Held for Sale
2,730,272
7,717,699
7,024,823
Allowance for Loan Losses
(1,910,304)
(2,285,403)
(2,522,717)
Cash
30,767,418
36,154,895
50,986,480
INVESTMENTS
Available for Sale Securities / 1
23,219,746
24,859,708
52,460,745
Held to Maturity Securities / 1
37,690,553
55,337,826
19,519,850
Loan to, Deposits in, Natural Person CUs / 1
2,004,095
2,226,127
3,001,158
U.S. Govt. Obligations / 2
Federal Agency Sec. / 2
All Mutual Funds / 2
Total MCSD and PIC in Corporate
2,891,636
3,039,170
1,794,236
Corp. Central (CD)
21,323,432
11,284,963
1,300,011
Banks and S & Ls (Cert. DEP)
41,491,874
54,806,571
63,081,770
All Other Investments
1,425,375
3,304,853
2,458,685
TOTAL INVESTMENTS
$130,046,711
$154,859,218
$143,616,455
OTHER ASSETS
Land and BLDG (NET of DEP)
10,353,979
10,643,192
13,965,757
Other Fixed Assets
1,352,605
1,205,565
1,606,993
Foreclosed and Repossessed Assets / 3
199,619
2,289,922
2,273,116
Share INS CAP Deposit /4
3,963,628
4,187,063
4,817,064
Other Assets
7,781,167
9,482,380
6,910,881
TOTAL ASSETS
$514,314,507
$570,898,443
$598,022,945
www.ndbf.ne.gov 2010 NDB&F Annual Report
31
5 / Category previously listed as Promissory and other Notes Payable
6 / Category definitions changed in 2006 to include previously defined categories
7 / Category detail exists only prior to 2006
(a) Prior to June 2006, included money market, share certificates, IRA/Keoughs and
non-member shares for short form filers.
June 30, 2008
June 30, 2009
June 30, 2010
LIABILITIES
Other Borrowings / 5
$6,000,000
$6,500,000
$1,602,668
Reverse Repo Agreement
Subordinated CDCU Debt
DIV/INT Payable
663,400
992,948
414,525
Acct. Payable & Liabilities
4,829,316
8,834,993
5,896,027
TOTAL LIABILITIES
$11,492,716
$16,327,941
$7,913,220
SAVINGS/EQUITY
Share Drafts
$39,920,431
$45,832,136
$63,031,836
Regular Shares
129,429,685
148,097,025
158,648,269
Money Market Shares / 7
23,955,204
24,436,824
26,158,101
Share Certificates / 7
176,468,635
192,313,936
191,592,000
IRA/KEOGH Accounts / 7
42,575,165
48,401,947
52,875,427
All Other Shares / 6
16,677,878
18,325,699
20,081,728
Non-Member Deposits / 7
9,248,275
$ 8,164,613
5,873,000
TOTAL SAVINGS
$438,275,273
$485,572,180
$518,260,361
Regular Reserves
$32,813,377
$35, 686,134
$36,296,783
Investment Valuation Reserve
Uninsured Second Capital
Unrealized G/L A-F-S SEC Gains / (Losses)
(316,472)
132,377
655,048
Other Reserves
5,405,605
5,633,294
5,622,758
Undivided Earnings
26,158,163
27,170,523
29,052,762
Net Income
$485,845
$375,994
$222,013
EQUITY TOTAL
$64,546,518
$68,998,322
$71,849,364
TOTAL SAVINGS/EQUITY
$502,821,791
$554,570,502
$590,109,725
TOTAL LIABILITIES/ SAVINGS/EQUITY
$514,314,507
$570,898,443
$598,022,945
32
www.ndbf.ne.gov 2010 NDB&F Annual Report
State-Chartered Savings & Loan Associations Comparative Statement
Institution
Location
Metropolitan Building & Loan Association
Omaha, Ne
June 30, 2009
June 30, 2010
ASSETS:
Mortgage Loans Outstanding
$871,192
$846,561
Loans on Savings Accounts
0
0
Other Loans
0
0
Real Estate Owned or in Judgment
0
0
Cash and Demand Deposits
266,872
271,203
Liquid Investments
0
0
Other Investment Securities
0
0
FHLB Stock
0
0
Fixed Assets (net)
10,000
10,000
Other Assets
Total Assets
$1,148,064
$1,127,764
LIABILITIES:
Time Certificates ($100,000 denominations
or more)
0
0
Time Certificates
0
0
NOW Accounts
0
0
All Other Savings
$991,978
$970,738
Borrowed Money
0
0
Loans in Process
0
0
Advance Payments for Taxes & Insurance
0
0
Deferred Credits
0
0
Other Liabilities
0
0
Total Liabilities
$991,978
$970,738
NET WORTH:
Permanent Stock
0
0
Paid-In Surplus
0
0
General Reserves
100,000
100,000
Undivided Profits
56,086
57,026
Net Undistributed Income
0
0
TOTAL NET WORTH
$156,086
$157,026
Total Liabilities & Net Worth
$1,148,064
$1,127,764
www.ndbf.ne.gov 2010 NDB&F Annual Report
33
State-Chartered Trust Companies Comparative Statement
06/30/08
06/30/09
06/30/10
4 Companies
4 Companies
3 Companies
ASSETS: ($ Amount in Thousands)
Non-interest Bearing
Deposits-Own Institution
278
(316)
73
Non-interest Bearing
Deposits-Other Institutions
8
174
96
Interest Bearing
Deposits-Own Institution
0
0
0
Interest Bearing
Deposits-Other Institutions
21,602
43,829
82,425
U.S. Government
and Agency Obligations
35,549
29,160
55,814
State, County
and Municipal Obligations
52,367
54,782
51,331
Money Market Mutual Funds
63,630
86,609
45,446
Other Short Term Obligations
21,548
15,677
8,133
Other Notes and Bonds
59,893
61,772
29,737
Common and Preferred Stocks
654,323
469,229
569,834
Real Estate Mortgages
4,041
3,723
19,254
Real Estate
40,583
46,305
47,193
Miscellaneous Assets
90,541
71,538
57,574
Total Discretionary Assets
$1,044,363
$882,482
$966,910
Total Non-Discretionary Assets
$1,669,899
$1,309,815
$1,477,479
TOTAL ASSETS
$2,714,262
$2,192,297
$2,444,389
NUMBER OF ACCOUNTS
Total Number of
Discretionary Accounts
1,297
1,309
1,295
Total Number of
Non-Discretionary Accounts
10,103
10,006
11,624
TOTAL NUMBER OF ACCOUNTS
11,400
11,315
12,919
Institution
Location
First Nebraska Trust Company
Lincoln
Constellation Trust Company
Omaha
Provident Trust Company
Omaha
34
www.ndbf.ne.gov 2010 NDB&F Annual Report
Delayed Deposit Services Licensees
Statement of Income and Expenses for the Period from January 1, 2009 through December 31, 2009
Number of Full Time Employees: 335 Number of Part Time Employees: 78
INCOME
DDS Business
Other Business
Total Business
Transaction Fees Collected and/or Earned
$32,360,014
$1,273,631
$33,633,645
Other Income
3,568,668
2,514,535
6,083,203
(a) NSF Fees
2,948,210
807,170
3,755,380
(b) Miscellaneous Other Income
620,457
1,707,365
2,327,822
Total Operating Income
$35,928,682
$3,788,166
$39,716,847
EXPENSES
Advertising
$915,263
$44,828
$960,091
Auditing
89,517
6,042
95,559
Bad Debts
4,894,485
11,370
4,905,855
(a) Charge-Offs
7,345,988
22,665
7,368,653
(b) Deduct: Collections on Accounts
4,051,572
11,295
4,062,867
(c) Additions to Reserve for Bad Debts
1,393,921
0
1,393,921
Depreciation & Amortization
839,316
22,900
862,216
Insurance & Fidelity Bonds
226,343
42,544
268,887
Legal Fees & Disbursements
333,524
0
333,524
Postage, Printing, Stationery & Supplies
488,992
42,621
531,613
Rent, Janitor Services & Utilities
4,782,818
194,196
4,977,014
Salaries: Officers, Owners, Partners & Members
955,285
167,218
1,122,503
Salaries of All Other Employees
9,216,208
398,772
9,614,980
Taxes-Other Than on Income
432,121
24,812
456,933
License Fees
291,172
4,244
295,416
Telephone & Other Communications
461,057
24,211
485,268
Travel, Auto Expenses & Allowance
216,302
20,078
236,380
Supervision & Administration
2,366,937
216,907
2,583,844
Collection Expense
470,370
1,134
471,504
Credit Reports
26,991
0
26,991
Other Expenses
1,853,538
984,379
2,837,917
Interest Paid on Borrowed Funds
1,056,120
24,922
1,081,042
(a) Intra-Company
788,753
0
788,753
(b) Paid to Others
163,044
24,922
187,966
Total Expenses Before Income Tax
$29,916,358
$2,231,178
$32,147,536
Income Before Income Tax
$6,012,323
$1,556,988
$7,569,311
Income Taxes:
370,774
15,915
386,689
(a) State
73,514
1,650
75,164
(b) Federal
297,260
14,265
311,525
Total Expenses
$30,287,132
$2,247,093
$32,534,225
Net Income
$5,641,549
$1,541,073
$7,182,622
STATEMENT OF ASSETS & LIABILITIES
December 31, 2009
December 31, 2008
Cash on Hand and in Banks
$11,127,345
$9,412,539
Investments
2,526,724
2,102,387
Transactions Receivable
14,242,789
12,922,691
a. Current Inventory
13,386,990
12,195,234
b. Collections
605,780
484,305
(All data presented
Less: Reserve for Bad Debts
(552,896)
(561,234)
as reported by
Furniture and Fixed Assets
3,935,734
4,388,470
each company.)
All Other Assets (specify)
1,873,970
1,966,076
Total Assets
$33,153,665
$30,230,929
www.ndbf.ne.gov 2010 NDB&F Annual Report
35
Delayed Deposit Services Businesses (for the period ending June 30, 2010)
Institution
Location
Branches in
Home County
DC Holdings, LLC
Alliance, NE
0
Heartland Cash Advance, LLC
Alliance, NE
0
Fast Cash of Nebraska, Inc.
Beatrice, NE
0
N.I.S., Inc.
Beatrice, NE
0
McKenzie Check Advance of Nebraska, L.L.C.
Bellevue, NE
1
N.I.S., Inc.
Bellevue, NE
1
MM Finance, LLC
Bellevue, NE
1
Great Plains Specialty Finance, Inc.
Bellevue, NE
0
SSIPS Partnership Ltd.
Bellevue, NE
0
ACE Cash Express, Inc.
Bellevue, NE
0
QC Financial Services, Inc.
Bellevue, NE
1
DC Holdings, LLC
Chadron, NE
0
McKenzie Check Advance of Nebraska, L.L.C.
Columbus, NE
0
Check into Cash of Nebraska, Inc.
Columbus, NE
0
Check Services, L.L.C.
Columbus, NE
0
Continental Distributors, Inc.
Columbus, NE
0
Express Check Advance of Nebraska, LLC
Columbus, NE
0
ACE Cash Express, Inc.
Columbus, NE
0
Wyoming Financial Lenders
Columbus, NE
0
N.I.S., Inc.
Crete, NE
0
ACE Cash Express, Inc.
Fremont, NE
0
AAA Payday Advance Nebraska, Inc.
Fremont, NE
0
Ameri-Cash Advance Centers, Inc.
Fremont, NE
0
Beemer Ventures, LLC
Fremont, NE
0
Trade 'N' Post, Inc.
Fremont, NE
0
McKenzie Check Advance of Nebraska, L.L.C.
Fremont, NE
0
Check into Cash of Nebraska, Inc.
Fremont, NE
0
Great Plains Specialty Finance, Inc.
Fremont, NE
0
Check into Cash of Nebraska, Inc.
Grand Island, NE
0
MM Finance, LLC
Grand Island, NE
0
McKenzie Check Advance of Nebraska, L.L.C.
Grand Island, NE
2
Coffin's Corner, Inc.
Grand Island, NE
0
Wyoming Financial Lenders
Grand Island, NE
0
ACE Cash Express, Inc.
Grand Island, NE
0
Express Check Advance of Nebraska, LLC
Grand Island, NE
0
Wyoming Financial Lenders
Hastings, NE
0
Ameri-Cash Advance Centers, Inc.
Hastings, NE
0
ACE Cash Express, Inc.
Hastings, NE
0
Delayed Deposit Services Businesses (for the period ending June 30, 2010)
36
www.ndbf.ne.gov 2010 NDB&F Annual Report
Delayed Deposit Services Businesses (continued)
Institution
Location
Branches in
Home County
McKenzie Check Advance of Nebraska, L.L.C.
Hastings, NE
0
DC Holdings, LLC
Hastings, NE
0
DC Holdings, LLC
Holdrege, NE
0
Great Plains Specialty Finance, Inc.
Kearney, NE
0
McKenzie Check Advance of Nebraska, L.L.C.
Kearney, NE
0
Kearney Cash, Inc.
Kearney, NE
1
QC Financial Services, Inc.
Kearney, NE
0
ACE Cash Express, Inc.
Kearney, NE
0
Express Check Advance of Nebraska, LLC
Kearney, NE
0
Roland Williams
Kearney, NE
0
Wyoming Financial Lenders
LaVista, NE
0
Check into Cash of Nebraska, Inc.
LaVista, NE
0
McKenzie Check Advance of Nebraska, L.L.C.
Lexington, NE
0
Check into Cash of Nebraska, Inc.
Lexington, NE
0
Plum Creek Cash Advance
Lexington, NE
0
Moore Financial Services, LLC
Lincoln, NE
0
Ken's Auto Company, LLC
Lincoln, NE
0
MM Finance, LLC
Lincoln, NE
0
Check into Cash of Nebraska, Inc.
Lincoln, NE
0
Great Plains Specialty Finance, Inc.
Lincoln, NE
1
N.I.S., Inc.
Lincoln, NE
8
Red D Cash Lincoln, Inc.
Lincoln, NE
0
Kohout Inc.
Lincoln, NE
0
Cash Solutions, Inc.
Lincoln, NE
1
McKenzie Check Advance of Nebraska, L.L.C.
Lincoln, NE
1
AAA Payday Advance Nebraska, Inc.
Lincoln, NE
1
Express Check Advance of Nebraska, LLC
Lincoln, NE
0
ACE Cash Express, Inc.
Lincoln, NE
0
Wyoming Financial Lenders
Lincoln, NE
2
DC Holdings, LLC
McCook, NE
0
Horse Creek Investments, L.L.C.
McCook, NE
0
QC Financial Services, Inc.
Nebraska City, NE
0
Great Plains Specialty Finance, Inc.
Norfolk, NE
0
QC Financial Services, Inc.
Norfolk, NE
0
Ameri-Cash Advance Centers, Inc.
Norfolk, NE
0
Heartland Cash Advance, LLC
Norfolk, NE
0
Riverside Money Services, Inc.
Norfolk, NE
0
McKenzie Check Advance of Nebraska, L.L.C.
Norfolk, NE
0
Trade 'N' Post, Inc.
Norfolk, NE
0
Delayed Deposit Services Businesses (continued)
www.ndbf.ne.gov 2010 NDB&F Annual Report
37
Delayed Deposit Services Businesses (continued)
Institution
Location
Branches in
Home County
McKenzie Check Advance of Nebraska, L.L.C.
North Platte, NE
0
Great Plains Specialty Finance, Inc.
North Platte, NE
0
Check into Cash of Nebraska, Inc.
North Platte, NE
0
Hometown Cash Advance, Inc.
North Platte, NE
0
Heartland Cash Advance, LLC
North Platte, NE
0
Wyoming Financial Lenders
North Platte, NE
0
Ameri-Cash Advance Centers, Inc.
North Platte, NE
0
DC Holdings, LLC
Ogallala, NE
0
Wilken Enterprises, Inc.
Omaha, NE
0
A & P Check Cashing, L.L.C.
Omaha, NE
2
JGS Inc.
Omaha, NE
0
QC Financial Services, Inc.
Omaha, NE
2
Absolutely Lowest Check Advance, L.L.C.
Omaha, NE
0
Check into Cash of Nebraska, Inc.
Omaha, NE
0
McKenzie Check Advance of Nebraska, L.L.C.
Omaha, NE
4
Omaha Cash Inc.
Omaha, NE
0
Great Plains Specialty Finance, Inc.
Omaha, NE
3
Decker's Cash Depot, Inc.
Omaha, NE
4
MM Finance, LLC
Omaha, NE
5
Red D Cash, Inc.
Omaha, NE
1
N.I.S., Inc.
Omaha, NE
11
G & C, Inc.
Omaha, NE
0
AAA Payday Advance Nebraska, Inc.
Omaha, NE
2
ACE Cash Express, Inc.
Omaha, NE
5
Wyoming Financial Lenders
Omaha, NE
5
SSIPS Partnership Ltd.
Ralston, NE
0
DC Holdings, LLC
Scottsbluff, NE
0
Check into Cash of Nebraska, Inc.
Scottsbluff, NE
0
Great Plains Specialty Finance, Inc.
Scottsbluff, NE
0
Mister Money Financial Services, Inc.
Scottsbluff, NE
0
McKenzie Check Advance of Nebraska, L.L.C.
Scottsbluff, NE
0
The Money Express, Inc.
Scottsbluff, NE
0
Heartland Cash Advance, LLC
Scottsbluff, NE
0
Ameri-Cash Advance Centers, Inc.
Scottsbluff, NE
0
DC Holdings, LLC
Sidney, NE
0
MM Finance, LLC
South Sioux City, NE
0
Great Plains Specialty Finance, Inc.
South Sioux City, NE
0
Ameri-Cash Advance Centers, Inc.
South Sioux City, NE
0
N.I.S., Inc.
York, NE
0
Delayed Deposit Services Businesses (continued)
38
www.ndbf.ne.gov 2010 NDB&F Annual Report
Installment Loan Companies
Statement of Income and Expenses
for the Period from January 1, 2009 through December 31, 2009
(All data presented as reported by each
company.)
Regulated Loan Business
Other Business
Total Business
INCOME
Charges Collected and/or Earned
27,052,283
4,343,285
$31,395,568
Other Income (Itemized)
7,186,731
794,967
$7,981,698
(a) Insurance Commissions
0
0
$0
(b) Credit Report Fees
0
0
$0
(c) Late Charges
286,612
55,247
$341,859
(d) Other Document Fees
0
0
$0
(e) Other
6,900,119
739,720
$7,639,839
Total Operations Income
$34,239,014
$5,138,252
$39,377,266
EXPENSES
Advertising
19,667
19,356
$39,023
Auditing
1,665
0
$1,665
Bad Debts
13,408,109
1,932,019
$15,340,128
(a) Charge-Offs
607,710
561,261
$1,168,971
(b) Deduct: Collections on Accounts
409,593
36,676
$446,269
(c) Additions to Reserve for Bad Debts
13,209,992
1,407,434
$14,617,426
Depreciation & Amortization
3,226
3,174
$6,400
Insurance & Fidelity Bonds
49,977
35,623
$85,600
Legal Fees & Disbursements
39,660
26,790
$66,450
Postage, Printing, Stationery & Supplies
57,649
21,136
$78,785
Rent, Janitor Services & Utilities
125,345
61,510
$186,855
Salaries of Officers, Owners & Partners
117,238
0
$117,238
Salaries of All Other Employees
10,003,711
1,283,407
$11,287,118
Taxes-Other Than on Income
70,144
21,975
$92,119
License Fees
2,032
1,110
$3,142
Telephone & Telegraph
37,664
17,405
$55,069
Travel, Auto expenses & Allowance
30,819
11,278
$42,097
Supervision & Administration (When not
allocated to other items)
$155,560
$151,711
$307,271
Regulated Loan Business
Other Business
Total Business
Collection Expense
155,001
42,180
$197,181
Credit Reports
16,977
4,381
$21,358
Other Expenses
17,436,886
1,959,230
$19,396,116
Interest Paid on Borrowed Funds
9,722,077
1,683,131
$11,405,208
(a) Intra-Company
9,656,548
1,683,131
$11,339,679
(b) Paid to Others
65,529
0
$65,529
Total Expenses Before Income Tax
$51,453,407
$7,275,416
$58,728,823
Income Before Income Tax
($17,214,393)
($2,137,164)
($19,351,557)
Income Taxes:
(2,067,010)
(312,451)
($2,379,461)
(a) State
8,637
924
$9,561
(b) Federal
(2,075,647)
(313,375)
($2,389,022)
Total Expenses (Item 23 plus item 25)
$49,386,397
$6,962,965
$56,349,362
Net Income (Item 3 less item 26)
($15,147,383)
($1,824,713)
($16,972,096)
Total Assets as of 12-31-09
$206,981,031
$28,825,556
$235,806,587
www.ndbf.ne.gov 2010 NDB&F Annual Report
39
Institution
City
Location
CitiFinancial, Inc.
Beatrice
Beatrice, NE
CitiFinancial, Inc.
Fremont
Fremont, NE
CitiFinancial, Inc.
Grand Island
Grand Island, NE
CitiFinancial, Inc.
Kearney
Kearney, NE
CitiFinancial, Inc.
Lincoln
Lincoln, NE
American General Financial Services, Inc.
Lincoln
Lincoln, NE
CitiFinancial, Inc.
Lincoln
Lincoln, NE
CitiFinancial, Inc.
Norfolk
Norfolk, NE
CitiFinancial, Inc.
North Platte
North Platte, NE
American General Financial Services, Inc.
Omaha
Omaha, NE
CMAC, Inc.
Omaha
Omaha, NE
CitiFinancial, Inc.
Omaha
Omaha, NE
CitiFinancial, Inc.
Omaha
Omaha, NE
CitiFinancial, Inc.
Scottsbluff
Scottsbluff, NE
Installment Loan Companies (for the period ending June 30, 2010)
40
www.ndbf.ne.gov 2010 NDB&F Annual Report
Sale Finance Companies (for the period ending June 30, 2010)
Institution
Location
AmeriCredit Financial Services, Inc.
Arlington, TX
Green Tree Servicing LLC
Arvada, CO
GMAC INC.
Auburn Hills, MI
Hyundai Capital America
Austell, GA
Genesis Lending Services, Inc.
Beaverton, OR
Service Finance Company, LLC
Boca Raton, FL
Triad Financial Services, Inc.
Bourbonnais, IL
Green Tree Servicing LLC
Bridgeton, MO
Alter Moneta SPV-4 LLC
Buffalo, NY
Alter Moneta Corporation
Buffalo, NY
Timberlink Settlement Services (USA) Inc.
Buffalo, NY
Carmel Financial Corporation, Inc.
Carmel, IN
Toyota Motor Credit Corporation
Cedar Rapids, IA
AmeriCredit Financial Services, Inc.
Centennial, CO
Nationwide Cassel LLC
Chicago, IL
Mid-Atlantic Finance Company, Inc.
Clearwater, FL
Ford Motor Credit Company LLC
Colorado Springs, CO
Ford Motor Credit Company LLC
Colorado Springs, CO
Ford Motor Credit Company LLC
Colorado Springs, CO
CAR Financial Services, Inc.
Coppell, TX
GMAC INC.
Creve Couer, MD
Mitsubishi Motors Credit of America, Inc.
Cypress, CA
Santander Consumer USA Inc.
Dallas, TX
General Electric Capital Corporation
Danbury, CT
GE TF Trust
Danbury, CT
Chrysler Financial Services Americas LLC
Farmington Hills, MI
DCFS USA LLC
Fort Worth, TX
Hyundai Capital America, Inc.
Fountain Valley, CA
Ford Motor Credit Company LLC
Franklin, TN
Ford Motor Credit Company LLC
Franklin, TN
Ford Motor Credit Company LLC
Franklin, TN
VFS US LLC
Greensboro, NC
Vanderbilt Mortgage and Finance, Inc.
Greensboro, NC
Regional Acceptance Corporation
Greenville, NC
Chrysler Financial Services Americas, LLC
Greenwood Village, CO
BMW Financial Services NA, LLC
Hilliard, OH
GE Capital Commercial Inc.
Holladay, UT
CitiFinancial Auto, Ltd
Houston, TX
CitiFinancial Auto Corporation
Houston, TX
Sales Finance Companies (for the period ending June 30, 2010)
www.ndbf.ne.gov 2010 NDB&F Annual Report
41
Institution
Location
Premium Payment Plan
Hudson, NY
Consumer Portfolio Services, Inc.
Irvine, CA
Thor CC, Inc.
Irvine, CA
United Auto Credit Corporation
Irvine, CA
GE TF Trust
Irving, TX
CitiFinancial Auto, Ltd
Irving, TX
Nissan Motor Acceptance Corporation
Irving, TX
CitiFinancial Auto Corporation
Irving, TX
General Electric Capital Corporation
Irving, TX
Triad Financial Services, Inc.
Jacksonville, FL
CIT Technology Financing Services Inc.
Jacksonville, FL
American Suzuki Financial Services Company LLC
Jacksonville, FL
AGCO Finance LLC
Johnston, IA
Agricredit Acceptance LLC
Johnston, IA
Deere & Company
Johnston, IA
CarMax Business Services, LLC
Kennesaw, GA
CarMax Funding Services II, LLC
Kennesaw, GA
CarMax Funding Services, LLC
Kennesaw, GA
CAR Financial Services, Inc.
Lake Mary, FL
Snap-On Credit, L.L.C.
Libertyville, IL
VW Credit, Inc.
Libertyville, IL
Universal Acceptance Corporation
Lincoln, NE
Credit Connection, L.L.C.
Lincoln, NE
Porsche Financial Services, Inc.
Lisle, IL
CIT Financial USA, Inc.
Livingston, NJ
Westlake Services, Inc.
Los Angeles, CA
Deere & Company
Madison, WI
Vanderbilt Mortgage and Finance, Inc.
Maryville, TN
Security National Automotive Acceptance Corporation
Mason, OH
Green Tree Servicing LLC
Mendota Heights, MN
HSBC Auto Finance Inc.
Mettawa, IL
HSBC Auto Accounts Inc.
Mettawa, IL
Hewlett-Packard Financial Services Company
Murray Hill, NJ
Caterpillar Financial Services Corporation
Nashville, TN
New Holland Credit Company, LLC
New Holland, PA
Security Auto Loans, Inc.
New Hope, MN
eCast Settlement Corporation
New York, NY
NR Finance Company, Inc.
Norfolk, NE
Farm Credit Services of America, PCA
Omaha, NE
Sales Finance Companies (continued)
42
www.ndbf.ne.gov 2010 NDB&F Annual Report
Sale Finance Companies (continued)
Institution
Location
GMAC INC.
Orland Park, IL
Toyota Motor Credit Corporation
Overland Park, KS
General Electric Capital Corporation
Overland Park, KS
Associated Milk Producers, Inc.
Plainview, NE
GMAC INC.
Plano, TX
Isuzu Finance of America, Inc.
Purchase, NY
CNH Capital America LLC
Racine, WI
Green Tree Servicing LLC
Rapid City, SD
Komatsu Financial Limited Partnership
Rolling Meadows, IL
CIT Financial USA, Inc.
Round Rock, TX
Sherman, Clay & Company
San Bruno, CA
Navistar Financial Corporation
Schaumburg, IL
PACCAR Financial Corp
Schaumburg, IL
United Acceptance, Inc.
Smyrna, GA
Credit Acceptance Corporation
Southfield, MI
CitiFinancial Auto Corporation
St Louis, MO
Preferred Credit, Inc.
St. Cloud, MN
RBS Financial Products Inc.
Stamford, CT
AFC LLC
Sunrise, FL
Green Tree Servicing LLC
Tempe, AZ
Kubota Credit Corporation, U.S.A.
Torrance, CA
American Honda Finance Corporation
Torrance, CA
Aqua Finance, Inc.
Wausau, WI
De Lage Landen Financial Services, Inc.
Wayne, PA
Philips Medical Capital, LLC
Wayne, PA
De Lage Landen Public Finance LLC
Wayne, PA
M&I Dealer Finance, Inc.
West Allis, WI
Gehl Company
West Bend, WI
United Consumer Financial Services Company
Westlake, OH
Sales Finance Companies (continued)
www.ndbf.ne.gov 2010 NDB&F Annual Report
43
Institution
Location
Aaran Financial Services,
Inc.
Minneapolis, MN
ACE Cash Express, Inc.
Irving, TX
ADP Payroll Services, Inc.
Roseland, NJ
Amazon Payments, Inc.
Seattle, WA
American Express Travel
Related Services Co., Inc.
New York, NY
Blackhawk Network
California, Inc.
Pleasanton, CA
Braz Transfers, Inc.
Saugus, MA
CheckFreePay Corporation
Wallingford, CT
Coinstar E-Payment
Services, Inc.
Bellevue, WA
Comdata Network, Inc.
Brentwood, TN
Continental Exchange
Solutions, Inc.
Cerritos, CA
Custom House (USA) Ltd.
Dahab-Shil, Inc.
Minneapolis, MN
DFS Services, LLC
Riverwoods, IL
Dong Phuong, Inc.
Wichita, KS
Enramex Inc.
Wheat Ridge, CO
Ethos Group Payment
Services, Inc.
Irving, TX
Global Cash Access, Inc.
Las Vegas, NV
Google Payment Corp.
Mountain View, CA
Green Dot Corporation
Monrovia, CA
Hodan Global Money
Services, Inc.
Minneapolis, MN
Integrated Payment
Systems, Inc.
Greenwood Village,
CO
Intermex Wire Transfer, LLC
Miami, FL
IPP of America, Inc.
Fairfield, NJ
Institution
Location
ITC Financial Licenses, Inc.
Columbus, GA
Metavante Payment
Services, LLC
Milwaukee, WI
Mexico Transfers, Inc.
Irving, TX
MoneyGram Payment
Systems, Inc.
Minneapolis, MN
Nebraska Money Order
Associates, Inc.
Lincoln, NE
nFinanSe Payments Inc.
Tampa, FL
NoteWorld LLC
Tacoma, WA
Obopay, Inc.
Redwood City, CA
Official Payments
Corporation
Reston, VA
OFG, Inc.
Minneapolis, MN
Omnex Group, Inc.
Englewood Cliffs, NJ
Order Express, Inc.
Chicago, IL
PayPal, Inc.
San Jose, CA
PreCash, Inc.
Houston, TX
Qaran Express US Inc.
Minneapolis, MN
Servicio UniTeller, Inc.
Rochelle Park, NJ
Sigue, LLC
Sylmar, CA
Tempo Financial U.S.
Corporation
Greenwood Village, CO
Transactions Ole Inc.
Omaha, NE
Travelex Currency Services
Inc.
Omaha, NE
Travelex Global Business
Payments, Inc.
Washington, DC
Western Union Financial
Services, Inc.
Englewood, CO
Xoom Corporation
San Francisco, CA
Sale of Checks/Funds Transmission Licenses (for the period ending June 30, 2010
Sale of Checks/Funds Transmission Licensees (for the period ending June 30, 2010)
44
www.ndbf.ne.gov 2010 NDB&F Annual Report
Institution
DBA Name
City
State
1st United Mortgage Banc, LLC
Lincoln
NE
21st Mortgage Corporation
Knoxville
TN
Academy Mortgage Corporation
Sandy
UT
Acceptance First Mortgage Corporation
Grand Island
NE
Acceptance Lending Corporation, Inc.
Acceptance Mortgage Corporation
Omaha
NE
Adchemy, Inc.
RateMarketplace
Foster City
CA
Affinity Home Loans, L.L.C.
Lenexa
KS
Alacrity Lending Company
Southlake
TX
Allegro Funding Corp.
Jacksonville
FL
Allen Mortgage LLC
Allen Mortgage LC
Centennial Park
AZ
American Advisors Group
Irvine
CA
American Family Financial Services, Inc.
Madison
WI
American Financial Resources, Inc.
Parsippany
NJ
American General Financial Services, Inc.
Evansville
IN
American Home Mortgage Lending Solutions, Inc.
Irving
TX
American Home Mortgage Servicing, Inc.
Coppell
TX
American Internet Mortgage, Inc.
San Diego
CA
American Mortgage Company
North Platte
NE
AmeriFirst Home Improvement Finance Co.
Omaha
NE
Amerisave Mortgage Corporation
Atlanta
GA
Amherst Funding Group, LP
Austin
TX
AMS Servicing, LLC
Depew
NY
Arch Bay Holdings, LLC
Irvine
CA
Ark-La-Tex Financial Services, LLC
Benchmark Mortgage
Plano
TX
Ascent Home Loans, Inc.
Englewood
CO
Avelo Mortgage, LLC
Irving
TX
Barclays Bank PLC
Barclays Capital
New York
NY
Barclays Capital Real Estate Inc.
HomEq Servicing
New York
NY
Bayview Asset Management, LLC
Coral Gables
FL
Bayview Financial, L.P.
Coral Gables
FL
Bayview Loan Servicing, LLC
Coral Gables
FL
Beneficial Financial I Inc.
Mettawa
IL
BMMZ Holdings, LLC
Fort Washington
PA
Bridgefield Mortgage Corporation
Overland Park
KS
Caliber Funding, LLC
Irving
TX
Capital City Mortgage, Inc.
Lincoln
NE
Capital Equities One, Ltd.
Mortgage Financial Group
El Paso
TX
Capital Financial Services, Inc.
Wood Dale
IL
Carrington Mortgage Services, LLC
Santa Ana
CA
Mortgage Lending Companies (for the period ending June 30, 2010)
Mortgage Lending Companies (for the period ending June 30, 2010)
www.ndbf.ne.gov 2010 NDB&F Annual Report
45
Institution
DBA Name
City
State
Cascade Mortgage, Inc.
Minneapolis
MN
Castle & Cooke Mortgage, LLC
Salt Lake City
UT
Catalyst Lending, Inc.
Greenwood Village
CO
Centennial Lending L.L.C.
Longmont
CO
CGB AGRI Financial Services, Inc.
Louisville
KY
Cherry Creek Mortgage Co., Inc.
1st Reverse Mortgage USA
Greenwood Village
CO
Chimera Investment Corporation
New York
NY
Churchill Mortgage Corporation
Brentwood
TN
Citifinancial, Inc.
Baltimore
MD
Citifinancial, Inc.
Citifinancial Services, Inc.
Baltimore
MD
Citywide Mortgage Associates, Inc.
Overland Park
KS
Clearwater Mortgage, LLC
Eden Prairie
MN
Clifford P. Flanagan
Lincoln
NE
CMG Mortgage, Inc.
San Ramon
CA
Community Home Lending, Inc.
Overland Park
KS
Competitive Mortgage, Inc.
Grand Island
NE
Compu-Link Corporation
Celink
Lansing
MI
Consumer Solutions 3, LLC
Minnetonka
MN
Consumer Solutions 4, LLC
Minnetonka
MN
Consumer Solutions, LLC
Minnetonka
MN
Countrywide Home Loans, Inc.
Calabasas
CA
Courtesy Mortgage, LLC
Courtesy Mortgage
Omaha
NE
Credit Suisse First Boston Mortgage Capital, LLC
New York
NY
Delbert Services Corporation
Las Vegas
NV
DH Mortgage Company
Prairie du Chien
WI
Disney Vacation Development, Inc.
Celebration
FL
DLJ Mortgage Capital, Inc.
New York
NY
Dougherty Funding, LLC
Minneapolis
MN
Dovenmuehle Mortgage, Inc.
Lake Zurich
IL
Draper and Kramer Mortgage Corp.
1st Advantage Mortgage
Lombard
IL
Dyck-O'Neal, Inc.
Arlington
TX
Eagle Mortgage, Inc.
Omaha
NE
Embrace Home Loans, Inc.
Newport
RI
EMC Mortgage Corporation
Lewisville
TX
Everett Financial, Inc.
Supreme Lending
Dallas
TX
Excel Mortgage Servicing, Inc.
Irvine
CA
Fairway Independent Mortgage Corporation
Sun Prairie
WI
FCI Lender Services, Inc.
Anaheim Hills
CA
Finance 1, LLC
Omaha
NE
First Commonwealth Mortgage Corp.
Louisville
KY
First Guaranty Mortgage Corporation
McLean
VA
Mortgage Lending Companies (continued)
Mortgage Lending Companies (continued)
Mortgage Lending Companies (continued)
46
www.ndbf.ne.gov 2010 NDB&F Annual Report
Institution
DBA Name
City
State
First Mortgage Company, L.L.C.
Equitable Mortgage of Nebraska
Oklahoma City
OK
First Mortgage Company, L.L.C.
First Mortgage Company
Oklahoma City
OK
First Option Mortgage, LLC
Atlanta
GA
First Residential Mortgage Network, Inc.
SurePoint Lending
Louisville
KY
First Security Mortgage Company
Lincoln
NE
First Stop Mortgage, Inc.
Omaha
NE
Flagship Financial Group, LLC
FFG, LLC
Lehi
UT
FNF Servicing, Inc.
Virginia Beach
VA
Franklin American Mortgage Company
Franklin
TN
Franklin Credit Management Corporation
Jersey City
NJ
Franklin First Financial, Ltd.
Presidents First Mortgage
West Hempstead
NY
Freedom Lending, LLC
Omaha
NE
Freedom Mortgage Corporation
Mt. Laurel
NJ
Gateway Mortgage Group LLC
Tulsa
OK
GE Money Mortgage Holding Company
Woodland Hills
CA
Generation Mortgage Company
Atlanta
GA
Genpact Mortgage Services, Inc.
Irvine
CA
Genworth Financial Home Equity Access, Inc.
Rancho Cordova
CA
GFS Mortgage Corporation
Brookfield
WI
GMAC Mortgage, LLC
Ditech
Ft. Washington
PA
Goldman Sachs Mortgage Company
New York
NY
Goldman, Sachs & Co., L.P.
Goldman, Sachs & Co.
New York
NY
Goodman Zimmerman Mortgage Corporation
Omaha
NE
Graystone Solutions, Incorporated
Sudbury
MA
Green Planet Servicing, LLC
Wallingford
CT
Green Tree Servicing LLC
St. Paul
MN
GRP Financial Services Corp.
White Plains
NY
Guaranteed Rate, Inc.
Chicago
IL
Guardian Property Services, L.L.C.
Papillion
NE
GVC Mortgage, Inc.
Bailey & Wood Financial Group
Pendleton
IN
Home Loan Center, Inc.
Lending Tree Loans
Irvine
CA
Home Mortgage Corporation, Inc.
Home Mortgage Corp.
Omaha
NE
Home Retention Services, Inc.
Houston
TX
Home Servicing, LLC
HSLLC of Louisiana, LLC
Baton Rouge
LA
Home Town Financial Services, Inc.
Hometown Mortgage Company
Ralston
NE
HomePlus Finance Corporation
Los Angeles
CA
Homepride Acceptance Inc.
Sioux Falls
SD
Household Finance Corporation III
HFC Mortgage of Nebraska
Mettawa
IL
HSBC Mortgage Services Inc.
Brandon
FL
IBM Lender Business Process Services, Inc.
Charlotte
NC
Mortgage Lending Companies (continued)
Mortgage Lending Companies (continued)
www.ndbf.ne.gov 2010 NDB&F Annual Report
47
Institution
DBA Name
City
State
iFreedom Direct Corporation
Salt Lake City
UT
Innovative Lending Solutions, Inc.
Englewood
CO
Intermountain Industries, Inc.
Major Mortgage, USA
Riverdale
UT
Investco Mortgage Company, Inc.
Johnston
IA
Iowa Bankers Mortgage Corporation
Johnston
IA
iServe Servicing, Inc.
Irving
TX
J&J Lending Corporation
Vertical Lending
Irvine
CA
James B. Nutter & Company
Kansas City
MO
James P. McCown
Vault Funding Group
Lincoln
NE
Jefferies Mortgage Finance, Inc.
Stamford
CT
JJJG Capital Corporation
Orange
CA
Kansas City Mortgage Group, LLC
Overland Park
KS
Keystone Mortgage, Inc.
Omaha
NE
Kondaur Capital Corporation
Orange
CA
Land/Home Financial Services
Concord
CA
LCS Servicing, LLC
Centennial
CO
LeaderOne Financial Corporation
Overland Park
KS
LenderLive Network, Inc.
Nebraska Mortgage Advisor Network
Glendale
CO
Lending Solutions, Inc.
LSI Mortgage Plus
Duluth
GA
LendingTree, LLC
GetSmart
Charlotte
NC
LendSource, Inc.
Minnetonka
MN
Lenox Financial Mortgage Corporation
WesLend Financial Corp.
Irvine
CA
Lenox Financial Mortgage, LLC
Atlanta
GA
Lincoln Financial Inc.
Wayne
NE
Lipsky & Associates, Inc.
Home Mortgage Services
Weatherford
TX
Litton Loan Servicing LP
Houston
TX
Live Well Financial, Inc.
Richmond
VA
LMB Mortgage Services, Inc.
LowerMyBills.com
Los Angeles
CA
Loanleaders of America, Inc.
Santa Ana
CA
Loanmans Mortgage Store, LLC
Hamilton Lending
Gilbert
AZ
Loanworks Servicing, LLC
Shelton
CT
Lutheran Church Extension Fund-Missouri Synod
St. Louis
MO
Main Street Financial, Inc.
Indianapolis
IN
Marix Servicing LLC
Phoenix
AZ
Marketplace Home Mortgage, L.L.C.
Marketplace Home Mortgage
Edina
MN
Megastar Financial Corp.
Denver
CO
Meridias Capital, Inc.
Henderson
NV
Merrill Lynch Mortgage Lending, Inc.
New York
NY
Midcontinent Financial Center, Inc.
American Mutual Mortgage Company
Columbia
MO
Midwest Family Lending Corporation
Urbandale
IA
Mortgage Lending Companies (continued)
Mortgage Lending Companies (continued)
48
www.ndbf.ne.gov 2010 NDB&F Annual Report
Institution
DBA Name
City
State
Midwest Loan Services, Inc.
Houghton
MI
Midwest Mortgage Capital, LLC
St. Louis
MO
MJ Mortgage, Inc.
Glenwood
IA
MLD Mortgage, Inc.
The Money Store
Florham Park
NJ
MorEquity, Inc.
Evansville
IN
Morgan Stanley Mortgage Capital Holdings LLC
New York
NY
Mortech, Inc.
American Charter Mortgage
Lincoln
NE
Mortgage Access Corp.
Weichert Financial Services
Morris Plains
NJ
Mortgage Advisors, Inc.
Omaha
NE
Mortgage Capital Associates, Inc.
100PercentLoan.com
Los Angeles
CA
Mortgage Financial Services, Ltd.
Lincoln
NE
Mortgage Investors Corporation
St. Petersburg
FL
Mortgage Lenders of America, LLC
Overland Park
KS
Mortgage Producers, Inc.
Urbandale
IA
Mortgage Research Center, LLC
www.VAMortgageCenter.com
Columbia
MO
Mortgage Solutions of Colorado, LLC
Colorado Springs
CO
Mortgage Sources Corp.
Overland Park
KS
Mortgage Specialists, LLC
Omaha
NE
Mortgageclose.com, Inc.
Santa Ana
CA
MortgageLinc, Inc.
MortgageLinc
Lincoln
NE
MTGLQ Investors, L.P.
New York
NY
NAD Acquisition 3, LLC
New York
NY
Nations Funding Source, Inc.
Ft. Lauderdale
FL
Nationstar Mortgage LLC
Champion Mortgage Company
Lewisville
TX
Nationwide Advantage Mortgage Company
Des Moines
IA
Nationwide Bi-Weekly Administration, Inc.
Xenia
OH
Nationwide Mortgage Concepts, LLC
Rancho Mirage
CA
Nationwide Mortgage Consultants
Steven E. Engelhart and Company, Inc.
Wayzata
MN
Natixis Real Estate Capital, Inc.
New York
NY
NetMore America, Inc.
Walla Walla
WA
Network Funding, L.P.
Houston
TX
New Day Financial, LLC
Fulton
MD
New Penn Financial, LLC
Plymouth Meeting
PA
Nomura Credit & Capital, Inc.
New York
NY
Ocwen Financial Solutions Private Limited
Bangalore
Ocwen Loan Servicing, LLC
West Palm Beach
FL
One Reverse Mortgage, LLC
San Diego
CA
Open Mortgage, LLC
Austin
TX
Pennymac Loan Services, LLC
Calabasas
CA
PHH Home Loans, LLC
Cartus Home Loans
Mt. Laurel
NJ
Mortgage Lending Companies (continued)
Mortgage Lending Companies (continued)
www.ndbf.ne.gov 2010 NDB&F Annual Report
49
Institution
DBA Name
City
State
PHH Mortgage Corporation
Instamortgage.com
Mt. Laurel
NJ
PHH Mortgage Corporation
Coldwell Banker Mortgage
Mt. Laurel
NJ
PHH Mortgage Corporation
MortgageQuestions.com
Mt. Laurel
NJ
PHH Mortgage Corporation
Century 21 Mortgage
Mt. Laurel
NJ
PHH Mortgage Corporation
ERA Mortgage
Mt. Laurel
NJ
PHH Mortgage Corporation
PHH Mortgage Services
Mt. Laurel
NJ
PHH Mortgage Corporation
Domain Distinctive Property Finance
Mt. Laurel
NJ
Pillar Financial, Inc.
LaVista
NE
Plaza Home Mortgage, Inc.
San Diego
CA
Primary Residential Mortgage, Inc.
Magellan Mortgage Group
Salt Lake City
UT
Primerica Financial Services Home Mortgages, Inc.
Duluth
GA
PrimeSource Mortgage, Inc.
Quality Source Mortgage, Inc.
Roswell
NM
Prodovis Mortgage, LLC
Arlington
TX
Professional Mortgage Group, LLC
Professional Lending Group, LLC
Sioux Falls
SD
Professional Mortgage Services, Inc.
Nebraska City
NE
Prospect Mortgage, LLC
Oppenheimer Mortgage
Sherman Oaks
CA
Provident Funding Associates, L.P.
Burlingame
CA
QR Lending, Inc.
Madison
WI
Quantum Servicing Corporation
Tampa
FL
Quicken Loans Inc.
Livonia
MI
RANLife, Inc.
Residential Acceptance Network, Inc.
Salt Lake City
UT
RBS Financial Products, Inc.
Greenwich
CT
Real Time Resolutions, Inc.
Dallas
TX
Redwood Residential Acquisition Corporation
Mill Valley
CA
Regent Financial Group, Inc.
Omaha
NE
Reliance First Capital, LLC
Melville
NY
Residential Credit Solutions, Inc.
Fort Worth
TX
Residential Funding Company, LLC
Minneapolis
MN
Residential MS, LLC
Santa Monica
CA
Resurgent Capital Services, L.P.
Greenville
SC
Reverse Mortgage GRP, Inc.
Equitable Reverse Mortgage Company
Chicago
IL
Reverse Mortgage Solutions, Inc.
RMS Reverse Mortgage Solutions, Inc.
Spring
TX
Rocky Mountain Mortgage Specialists, Inc.
Centennial
CO
Rotella Mortgage, Inc.
Rotella Mortgage
Ralston
NE
RoundPoint Mortgage Company
Charlotte
NC
RoundPoint Mortgage Servicing Corporation
Charlotte
NC
Royal United Mortgage LLC
Indianapolis
IN
Rushmore Loan Management Services LLC
Irvine
CA
Saxon Mortgage Services, Inc.
Fort Worth
TX
Scott E. Janike
The Lincoln Lending Group
Lincoln
NE
SecurityNational Mortgage Company
Southern Security Mortgage Company
Salt Lake City
UT
Select Portfolio Servicing, Inc.
Salt Lake City
UT
Mortgage Lending Companies (continued)
Mortgage Lending Companies (continued)
Mortgage Lending Companies (continued)
50
www.ndbf.ne.gov 2010 NDB&F Annual Report
Institution
DBA Name
City
State
Selene Finance LP
Houston
TX
Servis One, Inc.
BSI Financial Services, Inc.
Irving
TX
Shore Financial Services, Inc.
Shore Mortgage
Birmingham
AL
Shore Financial Services, Inc.
United Wholesale Mortgage
Birmingham
AL
Sierra Pacific Mortgage Company, Inc.
Folsom
CA
SIRVA Mortgage, Inc.
Independence
OH
SJS Investments, LLC
Equity One Mortgage
St. Peters
MO
Smart Funding Corp.
Santa Ana
CA
SN Servicing Corporation
Eureka
CA
Specialized Loan Servicing, LLC
Highlands Ranch
CO
Statebridge Company, LLC
Denver
CO
Stearns Lending, Inc.
FPF Wholesale
Santa Ana
CA
Stonegate Mortgage Corporation
Mansfield
OH
Sun West Mortgage Company, Inc.
Cal State Funding, Inc.
Cerritos
CA
Tax Help, LLC
Omaha
NE
Team USA Mortgage L.L.C.
St. Paul
MN
The Lending Company, Inc.
Phoenix
AZ
The Private Mortgage Group, LLC
Omaha
NE
U.S. Home Mortgage, Inc.
Lincoln
NE
United Fidelity Funding Corporation
Kansas City
MO
United Guaranty Services, Inc.
Greensboro
NC
Universal Lending Corporation
Denver
CO
Urban Financial Group, Inc.
Reverse It! Company
Tulsa
OK
V.I.P. Mortgage, Inc.
Scottsdale
AZ
Vanderbilt Mortgage And Finance, Inc.
Maryville
TN
Vantium Capital, Inc.
Plano
TX
Vericrest Financial, Inc.
Oklahoma City
OK
Victor L. Lacy And Jeanne E. Baer
Lincoln
NE
Wallick and Volk, Inc.
Cheyenne
WY
Walter Mortgage Company, LLC
Tampa
FL
Wayne R. Stock, Inc.
Murdock
NE
WCS Lending LLC
Boca Raton
FL
Wealthbridge Mortgage Corp.
Beaverton
OR
Wells Fargo Advisors, LLC
St. Louis
MO
Wells Fargo Financial Nebraska, Inc.
Des Moines
IA
Weststar Mortgage, Inc.
Woodbridge
VA
Wilmington Finance, Inc.
Plymouth Meeting
PA
Wingspan Portfolio Advisors LLC
Carrollton
TX
Wipro Gallagher Solutions, Inc.
Franklin
TN
Wolfe Financial, Inc.
Asheboro
NC
World Alliance Financial Corp.
Senior Lending Network
Melville
NY
Mortgage Lending Companies (continued)
Mortgage Lending Companies (continued)
www.ndbf.ne.gov 2010 NDB&F Annual Report
51
Bureau of Securities
(Registered)
6/30/2004
6/30/2005
6/30/2006
6/30/2007
6/30/2008
6/30/2009
6/30/2010
Broker-Dealers
1,436
1,431
1,430
1,489
1,470
1,446
1,425
Agents of
Broker-Dealers
56,214
59,519
63,260
69,242
70,842
70,326
74,970
Investment Advisers
87
69
68
74
71
68
71
Federal Covered
Advisers
656
736
810
878
982
1,013
1,044
Investment Adviser
Representatives
1,924
2,197
2,334
2,006
3,025
3,157
3,273
6/30/2010
Broker-Dealers
122
Agents of Broker-Dealers
22,512
Investment Advisers
14
Federal Covered Advisers
142
Investment Adviser Representatives
784
Institution
City
State
Business Funding Corporation
LaVista
NE
Consumer Auto Refinance
Services, Inc.
St. Peters
MO
Green Sheets, LLC
New Orleans
LA
Heartland Financial &
Insurance
Holdrege
NE
Orizon Consulting, Inc.
Omaha
NE
RockBridge Capital, LLC
Columbus
OH
6/302008
6/30/2009
6/30/2010
Investigations Initiated
44
55
54
Investigations Closed
28
21
24
Cease & Desist Orders
4
4
7
Denials
0
0
0
License Revocations
0
0
0
Permanent Injunctions
0
1
0
Criminal Referrals
2
2
2
Criminal Convictions
2
0
0
Consent Orders
7
11
18
Number of fines, penalties, costs and
unregistered securities assessed
8
11
16
Mortgage Lending Companies (continued)
Bureau of Securities
Licensees/Registrants by the Numbers
New Registrations
Loan Brokers (for the period ending 6/30/2010)
Enforcement Actions
Bureau of Securities
Licensees/Registrants by the Numbers
52
www.ndbf.ne.gov 2010 NDB&F Annual Report
OFFERINGS FILED
SECURITIES FILINGS
Type
Paper Filing
Electronic Filing
Total
Stock
4
0
4
Debt
2
0
2
Partnership
11
0
11
Mutual Funds
518
1,133
1,651
Unit Investment Trusts
1,242
0
1,242
Other
6
0
6
TOTAL
1.783
1,133
2,916
RENEWALS AND ADDITIONALS
Type
Paper Filing
Electronic Filing
Total
Additionals
1,506
4,176
5,682
Mutual Fund Renewals
6,116
13,776
19,892
Other Renewals
51
0
51
SUBTOTAL
9,456
19,085
28,541
Withdrawn
(18)
-
(18)
TOTAL REGISTRATIONS ISSUED
9,438
19,085
28,523
EXEMPTION FILINGS
Uniform Limited Offering Exemption (ULOE)
316
Intrastate (Form SODD)
0
§ 8-1111(9) Exemptions
114
Other Exemptions
0
Exemption Withdrawals
(10)
TOTAL EXEMPTIONS
430
BUSINESS OPPORTUNITY FILINGS
New Business Opportunity Filings
3
Business Opportunity Renewals
11
TOTAL FILINGS
14
§ 59-1722 Franchise Exemptions
155
§ Indicates State Statute
Securities Registrations and Exemptions (for the period ending June 30, 2010)
Securities Registrations and Exemptions (for the period ending June 30, 2010)
www.ndbf.ne.gov 2010 NDB&F Annual Report
53
Year
Income
Securities Fund
Expense
Funds Used by
Financial
Institutions
Division
Transferred
to State of Nebraska
General Fund
Ending
Balance
1939
$6,193.23
$4,410.21
$12,061.01
1940
7,145.17
6,320.01
12,841.17
1941
5,046.38
5,485.91
12,801.64
1942
4,141.40
3,000.04
13,543.00
1943
4,961.20
3,506.54
14,997.66
1944
5,631.50
4,750.09
15,879.07
1945
8,927.50
6,803.17
18,003.40
1946
13,864.61
7,891.25
23,976.76
1947
10,811.70
8,816.33
25,972.13
1948
9,461.55
9,718.56
25,715.12
1949
10,577.70
9,908.43
26,384.39
1950
14,348.55
12,528.28
28,204.66
1951
15,969.75
10,430.60
33,743.81
1952
17,960.80
14,243.64
37,460.97
1953
15,796.46
15,468.18
37,789.25
1954
20,094.00
16,122.16
41,671.09
1955
56,120.70
18,246.53
79,635.26
1956
36,925.13
27,312.29
89,248.10
1957
37,457.85
34,147.62
92,558.33
1958
44,217.40
18,310.37
118,456.36
1959
59,159.54
21,040.73
87,910.53
68,673.64
1960
56,094.98
32,489.95
92,278.67
1961
93,293.18
26,639.88
20,177.49
138,754.48
1962
84,195.11
24,665.39
22,870.20
175,414.00
1963
65,892.13
17,144.36
36,914.11
107,503.23
79,744.43
1964
73,040.12
14,720.10
53,040.82
85,023.63
1965
99,916.54
10,535.11
46,749.84
127,655.22
1966
122,601.30
27,695.45
222,561.07
1967
127,622.30
30,743.98
391,439.39
1968
103,637.81
38,674.66
* 384,402.54
1969
282,825.92
41,039.48
626,188.98
1970
238,716.33
49,523.83
576,188.98
239,192.50
1971
196,323.68
57,317.86
378,198.32
1972
238,200.66
54,591.44
335,820.32
225,987.22
1973
303,244.12
53,510.25
475,721.09
1974
222,981.67
66,216.35
35,000.00
597,486.41
1975
294,903.68
92,669.49
799,720.60
1976
263,399.67
93,960.11
650,000.00
319,160.09
*Adjusted from a calendar year reporting to a fiscal year beginning with the year 1967/1968.
Historical Data - Securities Act Cash Fund Status
*Adjusted from a calendar year reporting to a fiscal year beginning with the year 1967/1968.
54
www.ndbf.ne.gov 2010 NDB&F Annual Report
Year
Income
Securities Fund
Expense
Funds Used by
Financial Institutions
Division
Transferred
to State of Nebraska
General Fund
Ending
Balance
1977
348,187.64
$114,168.09
$553,179.64
1978
388,138.00
129,703.00
811,616.37
1979
644,667.74
137,669.27
1,000,000.00
318,614.89
1980
1,382,922.90
217,895.99
1,000,000.00
483,641.80
1981
1,933,971.73
234,662.37
1,000,000.00
1,182,951.16
1982
2,731,443.50
241,846.20
2,500,000.00
1,172,548.46
1983
2,724,345.60
270,888.60
3,400,000.00
226,005.46
1984
2,329,448.38
346,302.61
2,000,000.00
209,151.23
1985
2,751,984.71
506,925.78
2,454,210.16
1986
4,583,857.83
393,491.18
1,000,000.00
5,644,576.81
1987
6,398,986.47
481,879.81
3,000,000.00
8,561,683.42
1988
6,013,741.07
539,064.27
6,000,000.00
8,036,360.22
1989
5,640,938.62
550,906.91
9,800,000.00
3,326,391.93
1990
5,589,758.30
575,243.71
4,000,000.00
4,340,907.66
1991
5,258,270.04
566,022.28
4,000,000.00
5,033,154.82
1992
5,788,698.13
759,553.38
4,000,000.00
6,062,299.57
1993
6,530,292.17
719,771.53
7,000,000.00
4,872,820.21
1994
8,375,967.98
733,478.78
6,000,000.00
6,515,309.41
1995
9,395,158.73
787,188.38
6,000,000.00
9,123,279.76
1996
10,090,839.96
817,799.07
9,000,000.00
9,396,320.65
1997
11,233,133.85
879,814.28
11,000,000.00
8,749,640.22
1998
12,915,388.07
861,660.34
9,000,000.00
11,803,367.95
1999
13,909,799.35
903,478.37
9,000,000.00
15,809,688.93
2000
16,837,246.49
971,783.23
15,000,000.00
16,675,152.19
2001
17,815,111.68
1,010,507.33
17,000,000.00
16,479,756.54
2002
16,322,332.64
973,200.44
17,500,000.00
14,328,888.74
2003
13,910,093.96
999,418.48
16,500,000.00
10,739,564.22
2004
19,041,410.43
985,019.06
15,000,000.00
13,795,955.59
2005
15,001,541.20
1,140,021.13
19,100,000.00
8,557,475.66
2006
15,587,788.32
1,071,971.67
16,000,000.00
7,073,292.31
2007
18,443,863.52
1,080,923.35
16,000,000.00
8,436,232.48
2008
23,658,510.95
1,090,519.61
11,000,000.00
20,004,302.82
2009
24,904,073.88
1,188,387.36
19,000,000.00
24,719,989.34
2010
$24,844,300.42
$1,291,930.62
$24,286,041.00
$23,986,318.14
Historical Data – Securities Act Cash Fund Status (continued)
Historical Data – Securities Act Cash Fund Status (continued)
www.ndbf.ne.gov 2010 NDB&F Annual Report
55
Year
Number of
Registrations
Amount of Issued
Registrations in
Dollars
Registration
Denied or
Withdrawn
1939
30
$2,362,575
8
1940
41
2,883,400
4
1941
34
1,492,511
2
1942
32
1,260,800
1
1943
36
2,136,200
0
1944
35
2,646,000
0
1945
55
5,492,550
0
1946
80
9,459,847
4
1947
61
6,838,394
0
1948
67
5,485,750
1
1949
74
5,676,700
0
1950
86
8,850,404
0
1951
95
10,781,368
0
1952
102
11,271,391
0
1953
81
9,959,434
0
1954
117
12,688,352
1
1955
155
48,064,847
5
1956
152
26,417,011
9
1957
160
25,725,150
6
1958
168
32,838,450
6
1959
201
41,841,964
19
1960
239
38,676,160
52
1961
340
70,151,950
51
1962
253
60,093,300
8
1963
224
45,746,030
4
1964
270
51,546,333
0
1965
383
77,723,015
1
1966
349
100,690,421
0
1967
459
100,982,178
0
1968
692
192,940,066
1
1969
954
236,369,401
1
1970
722
178,185,790
4
1971
918
162,482,230
2
1972
1,007
256,222,450
28
1974
634
129,563,116
103
1975
682
170,268,855
31
1976
964
231,153,028
0
1977
734
173,514,576
14
1978
818
234,362,503
28
1979
847
437,864,783
41
Year
Number of
Registrations
Amount of Issued
Registrations in
Dollars
Registration
Denied or
Withdrawn
1980
1,329
1,053,033,936
25
1981
1,575
1,536,501,075
67
1982
1,786
2,607,490,277
119
1983
2,299
2,451,475,402
147
1984
2,325
2,011,168,235
192
1985
2,302
2,172,465,659
222
1986
3,086
4,111,096,897
238
1987
3,424
6,100,822,335
294
1988
3,018
4,820,573,174
289
1989
3,010
4,275,274,132
164
1990
2,763
4,120,247,299
195
1991
2,986
4,264,222,845
110
1992
4,113
3,746,672,390
91
1993
4,968
3,433,009,471
102
1994
6,881
3,854,726,154
116
1995
8,021
4,340,862,458
90
1996
8,891
4,366,777,438
90
1997
10,621
4,917,973,597
56
1998
13,349
5,804,370,252
66
1994
6,881
3,854,726,154
116
1995
8,021
4,340,862,458
90
1996
8,891
4,366,777,438
90
1997
10,621
4,917,973,597
56
1998
13,349
5,804,370,252
66
1999
14,165
5,799,663,765
81
2000
17,789
7,119,150,972
36
2001
21,232
8,698,411,020
65
2002
20,467
9,725,155,609
46
2003
20,935
9,979,766,330
11
2004
22,697
11,323,207,770
26
2005
22,870
10,641,066,150
31
2006
24,710
11,320,260,650
11
2007
26,266
13,573,121,380
9
2008
29,348
18,371,913,640
5
2009
27,945
18,729,690,650
12
2010
28,523
$17,213,135,000
18
Historical Data – Issuer Applications
Historical Data – Issuer Applications
56
www.ndbf.ne.gov 2010 NDB&F Annual Report
Year
Broker-Dealers
Registered
Number
Denied
Cancellations &
Withdrawals
Agents
Registered
Agents
Denied
1939
57
6
3
185
10
1940
65
0
1
165
0
1941
64
1
0
147
0
1942
54
0
0
112
0
1943
55
0
0
108
0
1944
59
0
0
104
0
1945
57
0
0
120
0
1946
61
0
0
168
0
1947
64
0
0
186
0
1948
67
0
0
196
0
1949
68
0
0
245
0
1950
75
0
0
262
0
1951
79
0
0
283
0
1952
83
0
0
297
0
1953
82
0
0
306
0
1954
89
0
0
345
0
1955
91
1
0
362
0
1956
94
2
0
427
0
1957
90
1
0
517
0
1958
94
4
2
563
0
1959
93
5
0
681
0
1960
94
2
0
769
0
1961
113
0
0
833
0
1962
120
0
1
720
21
1963
119
0
0
796
1
1964
122
0
0
977
1
1965
124
1
0
1,033
0
1966
138
0
0
1,106
0
1967
147
0
0
1,484
0
1968
177
0
0
1,418
0
1969
210
0
0
2,430
0
1970
237
0
0
1,964
0
1971
246
0
0
2,346
0
1972
264
0
0
2,614
1
*1973
1974
261
0
0
2,468
1
1975
238
0
0
1,661
0
1976
273
0
0
2,526
0
1977
272
0
0
2,534
0
1978
294
0
13
2,424
0
1979
309
0
25
2,801
0
1980
320
0
24
3,276
0
1981
333
0
8
3,685
0
1982
393
0
10
**5,843
**5,843
0
1983
440
0
20
4,369
3
1984
515
0
33
6,095
1
1985
614
5
28
9,357
37
1986
667
3
49
10,099
20
*Adjusted from calendar year reporting to fiscal year beginning with the year 1973/1974.
**A conversion to a new computer in 1982 may have caused an error in reporting the figure accurately.
Historical Data – Registration of Broker-Dealers and Agents
Historical Data – Registration of Broker-Dealers and Agents
www.ndbf.ne.gov 2010 NDB&F Annual Report
57
Year
Broker-Dealers
Registered
Number
Denied
Cancellations &
Withdrawals
Agents
Registered
Agents
Denied
1987
701
2
76
14,495
3
1988
753
0
86
16,611
0
1989
771
0
106
17,455
0
1990
776
0
107
17,672
0
1991
733
0
134
17,383
0
1992
758
0
87
18,866
0
1993
808
0
57
22,293
0
1994
888
0
51
26,574
0
1995
984
0
72
28,532
0
1996
1,078
0
84
32,175
0
1997
1,178
0
92
37,151
0
1998
1,232
0
128
44,134
0
1999
1,311
0
144
50,722
0
2000
1,459
0
86
56,606
0
2001
1,529
0
139
61,783
0
2002
1,520
0
178
57,388
0
2003
1,447
0
181
53,950
0
2004
1,436
3
110
56,214
0
2005
1,431
0
30
59,519
0
2006
1,430
0
131
63,260
0
2007
1,489
0
98
69,242
0
2008
1,470
0
74
70,842
0
2009
1,446
0
155
70,326
0
2010
1,425
0
134
74,970
0
Historical Data – Registration of Broker-Dealers and Agents (continued)
Historical Data – Registration of Broker-Dealers and Agents (continued)
