First Northeast Bank of Nebraska, Financial Information

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.

First National Bank Northeast was established in 1902, as the First National Bank of Lyons, located in the town of Lyons, Nebraska. In 1974 the current ownership families of Dunlap, Acklie and Hilt combined to purchase the institution from the Langemeier family, etal., adding considerable banking experience and financial strength to the institution. With vision and growth in mind, the bank changed its name to First National Bank Northeast, effective in July of 1993.

First National Bank Northeast has been dedicated to the local rural communities since its original charter all the way through the ownership of the Dunlap-Acklie-Hilt families. The bank is dedicated to the communities and continues to provide basic banking services to the people of these communities. The area is rural in nature, with agriculture and the proceeds from its products the lifeblood of the rural communities.

With this agrarian lifeblood, First National Bank Northeast specializes in agricultural financing including loans for livestock, crop financing, equipment and real estate purchase and development. Because of this strong agricultural sector, commercial business has grown and is also supported and financed by bank.