Commercial State Bank, Financial Information

About Commercial State Bank

 Address:
519 East Broadway St
Wausa, NE
Knox County, Nebraska
 Established:
Dec 1925
 Number of domestic offices:
3
Agriculture bank
Total assets$160M
Net income$2M
Net income, quarterly$0M
Total deposits$143M
Domestic deposits$143M
Equity capital$15M
ROA1.47%
ROAQ, quarterly1.08%
ROA, pretax1.08%
ROAQ, quarterly, pretax1.13%
ROE15.51%
ROEQ, quarterly11.63%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Commercial State Bank is an independent, locally owned and managed bank located at 519 East Broadway in Wausa, Nebraska. Wausa is located near the southeast corner of Knox County, which is in northeast Nebraska. The bank was chartered on November 30, 1925, when the Department of Trade and Commerce, Bureau of Banking, signed by Governor Adam McMullen issued the charter. In December 1925, the assets and liabilities of the old Commercial National Bank were purchased. Although several interior and exterior remodeling projects have occurred since that time, the location at the corner of Broadway and Hampton has continued to be the bank corner to the present day.

n August 1996, the Commercial State Bank opened a Loan Production Office located at 720 Central Avenue, in Nebraska City, Nebraska. On January 2, 2002, a Loan Production Office was opened located at 1503 Galvin Road, Bellevue, Nebraska. In May 2007, the Commercial State Bank opened a Loan Production Office located at 1908 Binfield Street, Suite #1, Elkhorn, Nebraska. In September 2007, the Nebraska CIty Loan Production Office was converted into a branch bank and moved into their new building located at 617 Central Avnue, Nebraska City, Nebraska.

Commercial State Bank is FDIC insured and regulated by the FDIC and the Nebraska Department of Banking. Commercial State Bank is a member of the Nebraska Bankers Association, Independent Community Bankers Association, and the American Bankers Association.

Wausa
519 East Broadway
Wausa, NE 68786
Phone (402) 586-2266
Fax (402) 586-2175

Nebraska City Branch
617 Central Ave
Nebraska City, NE 68410
Phone (402) 873-6727
Toll Free (800) 499-1379
Fax (402) 873-6729

Elkhorn Branch
1918 North 203rd Street
Elkhorn, NE 68022
Phone (402) 991-4600
Fax (402) 884-0482