DOCSLIB.ORG

Appendix Tables, Small Business Lending in the U.S., 2016

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Appendix Tables, Small Business Lending in the U.S., 2016 CONTENTS Table 1. Lending by Large Lending Institutions Based on Call Report Data, June 2016 1A. Small Business Lending of $ 1 Million or Less 1B. Business Lending Under $100,000 1C. Business Lending of $100,000 – $1 Million Table 2. Lending by Large Lending Institutions Based on CRA Data, 2015 2A. Small Business Lending of $ 1 Million or Less 2B. Business Lending Under $100,000 2C. Business Lending of $100,000 – $1 Million Table 3. Top Lenders by State and Territory Based on Call Report Data, June 2016 3A. Small Business Lending of $ 1 Million or Less 3B. Business Lending Under $100,000 3C. Business Lending of $100,000 – $1 Million Table 4. Top Lenders by State and Territory Based on CRA Data, 2015 4A. Small Business Lending of $ 1 Million or Less 4B. Business Lending Under $100,000 4C. Business Lending of $100,000 – $1 Million Table 5. Total Amount and Number of Small Business Loans per Small Business Employee by State Based on CRA Data, 2015 Table 6. Number of Reporting Institutions by Asset Size and State and Territory Based on Call Report Data, June 2016 Table 1A. Small Business Lending by Large Lending Institutions Based on Call Report Data, June 2016 All Small Business Loans Loans Loans ($1 million or less) Less than $100k $100k – $1 million HQ Amount Lender Asset Amount Amount CC Name of Lending Institution State Rank TA Ratio1 TBL Ratio1 ($1,000) Number Size ($1,000) Number ($1,000) Number Amount/TA1 (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) American Express Company UT 1 0.235 1.000 20,499,039 2,976,888 >50B 20,406,488 2,976,481 92,551 407 0.420 First Citizens Bancshares, Inc. NC 2 0.173 0.499 5,532,638 213,688 10-50B 525,081 182,691 5,007,557 30,997 0.009 Wintrust Financial Corporation IL 3 0.167 0.350 4,105,647 177,450 10-50B 1,041,139 163,767 3,064,508 13,683 0.000 BMO Harris Central National Association IL 4 0.081 0.274 8,629,601 135,172 >50B 2,408,585 90,658 6,221,016 44,514 0.004 F.N.B. Corporation PA 5 0.114 0.350 2,399,812 43,931 10-50B 372,378 32,519 2,027,434 11,412 0.000 Zions Bancorporation UT 6 0.094 0.216 5,603,211 55,619 >50B 503,277 37,658 5,099,934 17,961 0.003 Synovus Financial Corp. GA 7 0.124 0.257 3,608,508 37,062 10-50B 555,608 27,330 3,052,900 9,732 0.006 BB&T Corporation NC 8 0.052 0.213 11,314,382 376,241 >50B 2,266,667 333,850 9,047,715 42,391 0.008 TCF Financial Corporation SD 9 0.115 0.432 2,372,285 23,641 10-50B 321,502 11,619 2,050,783 12,022 0.000 Umpqua Holdings Corporation OR 10 0.094 0.283 2,260,798 34,819 10-50B 563,755 27,625 1,697,043 7,194 0.000 First Hawaiian Bank HI 11 0.057 0.208 5,647,628 68,901 >50B 1,045,166 49,870 4,602,462 19,031 0.004 Bancorpsouth, Inc. MS 12 0.122 0.335 1,715,697 16,949 10-50B 220,346 10,239 1,495,351 6,710 0.006 U.S. Bancorp OH 13 0.039 0.181 16,749,831 1,094,887 >50B 7,251,318 1,047,707 9,498,513 47,180 0.048 Capital One Financial Corporation VA 13 0.026 0.218 9,740,142 2,955,825 >50B 7,485,960 2,944,946 2,254,182 10,879 0.242 Lauritzen Corporation NE 15 0.063 0.296 1,175,791 129,834 10-50B 586,306 124,634 589,485 5,200 0.283 Fulton Financial Corporation MD 16 0.104 0.267 1,923,076 16,077 10-50B 131,022 6,922 1,792,054 9,155 0.000 Hancock Holding Company MS 17 0.084 0.220 1,927,778 29,342 10-50B 188,378 17,629 1,739,400 11,713 0.004 Arvest Bank Group, Inc. AR 17 0.080 0.367 1,331,735 16,307 10-50B 281,933 10,879 1,049,802 5,428 0.007 Central Bancompany, Inc MO 19 0.098 0.335 1,192,824 18,414 10-50B 175,474 13,680 1,017,350 4,734 0.005 Regions Financial Corporation AL 20 0.042 0.159 5,257,499 114,610 >50B 1,194,574 98,698 4,062,925 15,912 0.009 First Niagara Financial Group, Inc. NY 21 0.053 0.213 2,132,040 43,688 10-50B 473,401 36,374 1,658,639 7,314 0.007 JPMorgan Chase & Co. OH 22 0.016 0.166 25,375,869 4,203,292 >50B 14,586,018 4,145,844 10,789,851 57,448 0.077 Bank of America Corporation NC 23 0.023 0.143 34,138,000 2,952,690 >50B 17,774,000 2,896,645 16,364,000 56,045 0.065 People'S United Financial, Inc. CT 24 0.065 0.178 2,576,345 20,374 10-50B 252,727 9,564 2,323,618 10,810 0.000 Ally Financial Inc. UT 25 0.046 0.125 5,248,868 196,256 >50B 4,962,998 195,480 285,870 776 0.000 Wells Fargo & Company NV 26 0.023 0.139 38,190,252 972,101 >50B 10,629,000 861,177 27,561,252 110,924 0.020 Synchrony Bank UT 27 0.018 1.000 1,193,117 820,530 >50B 1,182,808 820,338 10,309 192 0.771 Huntington Bancshares Incorporated OH 28 0.047 0.165 3,441,032 37,940 >50B 724,463 24,712 2,716,569 13,228 0.005 Signature Bank NY 29 0.062 0.190 2,277,562 14,267 10-50B 216,337 7,255 2,061,225 7,012 0.000 M&T Bank Corporation DE 30 0.041 0.139 5,108,543 46,649 >50B 767,765 27,603 4,340,778 19,046 0.003 Iberiabank Corporation LA 30 0.079 0.189 1,579,326 12,124 10-50B 134,418 6,204 1,444,908 5,920 0.002 Otto Bremer Foundation MN 32 0.092 0.280 1,034,569 7,206 10-50B 96,979 3,209 937,590 3,997 0.000 Texas Capital Bancshares, Inc. TX 32 0.058 0.147 1,223,035 91,555 10-50B 435,976 87,638 787,059 3,917 0.000 United Bankshares, Inc. VA 34 0.075 0.216 1,125,011 15,287 10-50B 246,434 11,675 878,577 3,612 0.001 Old National Bancorp IN 35 0.065 0.327 938,955 8,504 10-50B 107,313 4,589 831,642 3,915 0.000 Citigroup Inc. SD 36 0.010 0.140 8,350,025 2,680,648 >50B 6,865,025 2,673,985 1,485,000 6,663 0.165 Cullen/Frost Bankers, Inc. TX 37 0.052 0.191 1,510,564 11,539 10-50B 135,237 5,149 1,375,327 6,390 0.000 Great Western Bancorp, Inc. SD 38 0.081 0.239 926,433 7,382 10-50B 102,685 3,975 823,748 3,407 0.002 Valley National Bancorp NJ 39 0.061 0.176 1,329,693 9,104 10-50B 125,152 4,956 1,204,541 4,148 0.000 Prosperity Bancshares, Inc. TX 39 0.054 0.267 1,178,948 8,338 10-50B 105,660 3,846 1,073,288 4,492 0.001 Page 2 of 111 Table 1A. Small Business Lending by Large Lending Institutions Based on Call Report Data, June 2016 All Small Business Loans Loans Loans ($1 million or less) Less than $100k $100k – $1 million HQ Amount Lender Asset Amount Amount CC Name of Lending Institution State Rank TA Ratio1 TBL Ratio1 ($1,000) Number Size ($1,000) Number ($1,000) Number Amount/TA1 (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) Compass Bank AL 41 0.031 0.095 2,647,418 207,809 >50B 755,134 200,368 1,892,284 7,441 0.007 PNC Financial Services Group, Inc., The DE 42 0.022 0.087 7,675,686 254,815 >50B 2,158,949 229,244 5,516,737 25,571 0.012 Eastern Bank Corporation MA 42 0.087 0.235 875,721 6,349 10-50B 98,869 3,168 776,852 3,181 0.000 First Midwest Bancorp, Inc. IL 44 0.090 0.208 982,051 5,627 10-50B 96,575 2,454 885,476 3,173 0.000 Commerce Bancshares, Inc. MO 45 0.042 0.204 1,032,054 25,752 10-50B 144,790 20,993 887,264 4,759 0.031 Trustmark Corporation MS 46 0.061 0.225 795,032 7,411 10-50B 105,253 4,022 689,779 3,389 0.003 First Horizon National Corporation TN 46 0.044 0.155 1,193,153 20,566 10-50B 134,391 14,831 1,058,762 5,735 0.005 Citizens Financial Group, Inc.
Load more

Recommended publications
  • Central Pacific Bank Mortgage Interest Rates
    Central Pacific Bank Mortgage Interest Rates Horrifying Tony never outstrikes so questioningly or kited any aneroids sedulously. Marlowe never oil any pennoncel chooks conspiringly, is Anatollo glaciated and abject enough? Monzonitic and consentient Orren still amass his excentric silverly. Bill were able to setup your mortgage interest rates are held jointly by gentry homeloans, how we all CENTRAL PACIFIC BANK. Though all of Hawaii holds the transfer money on terms of checking and savings accounts Central Pacific Bank consistently funds more purchase mortgages. Mortgage Barometer Title Guaranty. 10-K SECgov. Central Pacific Bank owns 50 of Pacific Access Mortgage LLC Gentry HomeLoans LLC. With interest rates low and flexibility to propose what desperate need HELOCs are a popular and. Golden Pacific Bank most especially Joe McClure and hold Officer Doug. The volume rate for a likely Loan starts at 295 327 APR Please contact a. Upon the railroads and vocation their fixtures were repaid in full rent with interest income the. Pacific Home Loans has this same loan programs and permanent interest rates that floor will. MauiNowcom WATCH my Talk with Central Pacific Bank's. A new executive position within her company's subsidiary Central Pacific Bank. Including fee refunds zero percent interest rates on credit cards and. Loans Mortgages Personal Loans Auto Loans Hawaii. An excellent choice for you are not be held for atm surcharges from central pacific bank use of commerce hawaii. Agreement we Acquire the Wholesale Operations of Central Pacific Mortgage. CPF Stock Price Central Pacific Financial Corp Stock Quote. The brief of mortgages in forbearance has increased substantially in the.
    [Show full text]
  • 2018 Online Trust Audit & Honor Roll Report
    Internet Society’s Online Trust Alliance (OTA) 2 TABLE OF CONTENTS Overview & Background .......................................................................................................................... 3 Executive Summary & Highlights ............................................................................................................. 4 Best Practices Highlights ......................................................................................................................... 9 Consumer Protection .......................................................................................................................... 9 Site Security ........................................................................................................................................ 9 Privacy Trends ................................................................................................................................... 10 Domain, Brand & Consumer Protection ................................................................................................. 12 Email Authentication ......................................................................................................................... 12 Domain-based Message Authentication, Reporting & Conformance (DMARC) ................................... 14 Opportunistic Transport Layer Security (TLS) for Email ...................................................................... 15 Domain Locking ................................................................................................................................
    [Show full text]
  • Honor Roll of Donors
    Honor Roll of Donors The Child & Family Service Honor Roll of Donors recognizes the tremendous generosity of donors and volunteers who provide the resources CFS needs to achieve its mission of strengthening families and fostering the healthy development of children. Along with individuals, corporations, trusts, foundations, and community organizations, we also recognize our ‘Onipa‘a Society members — our most steadfast donors. It is with deep gratitude that, within these pages, we acknowledge their support. Special message to our supporters: We have carefully reviewed all gifts to CFS during our Fiscal Year 2015 (July 1, 2014 - June 30, 2015) to confirm that we properly recognize each gift. Occasionally, despite our best efforts to ensure accuracy, errors occur. If we have made a mistake, we sincerely apologize and ask that you alert us to such errors by contacting the Development & Communications Office at 808.543.8413 Thank you in advance for your understanding. FOUNDING HUI (Hui = Hawaiian for a club or association) FOUNDING DONORS: • Colleen & Wayne Minami $100,000 pledge MATCH CHALLENGE DONOR: • In Memory of Nanette Dancil $100,000 pledge INSPIRED FUND LEVELS: Child & Family Service’s Stronger Families Fund (The Fund) is an innovative, • Anonymous $100,000 pledge groundbreaking giving initiative that will provide CFS with a multi-year “stream” of private funds. Through generous donations from individuals and families, The Fund offers flexible BOARD CHALLENGE DONOR: funding to help CFS chart its own course, address pressing needs, and build on successes • Anonymous through wise investments. $100,000 pledge GET IT STARTED HUI: “The concept of a According to CFS Board Chair Richard Wacker, the Collective $100,000 pledge CFS Stronger Families Fund represents an important • Lead Donor: Earl Stoner hui, or group that new fundraising approach that builds on the • Lead Donor: Rich Wacker comes together organization’s network of supporters who are deeply committed to the mission and work of CFS.
    [Show full text]
  • Bankers' Bank of the West
    1099 18th Street Suite 2700 BANKERS’ BANK OF THE WEST Denver, CO 80202 Tel: 303-291-3700 FEDERAL FUND AGENCY AGREEMENT – EXHIBIT A Fax: 303-291-3714 EFFECTIVE February 7, 2020 Based on December 31, 2019 call report data Associated Bank, NA First Horizon Bank People’s United Bank, NA Bank of Hawaii First National Bank of Pennsylvania Regions Bank Bank of the West First Republic Bank Signature Bank Bankers' Bank of the West Fulton Bank, NA Silicon Valley Bank Bank of Oklahoma (BOKF, NA) Hancock Whitney Bank Sterling National Bank BMW Bank of North America Huntington National Bank Texas Capital Bank, NA Capital One Bank (USA), NA JPMorgan Chase Bank, NA Truist Financial Corporation Citibank, NA Manufacturers & Traders Trust Company Trustmark National Bank Citizens Bank, NA MUFG Union Bank, National Association US Bank, NA Commerce Bank New York Community Bank Webster Bank, N.A Federal Reserve Bank of Kansas City [1] Northern Trust Company Zions Bancorporation, NA First Hawaiian Bank Old National Bank [1] Excess funds placed with the Federal Reserve Bank are subject to the terms and conditions established by the Federal Reserve Bank’s Excess Balance Account program. Prior approval of the Federal Reserve Bank is required. Bankers’ Bank of the West (“BBW”) may sell Respondent’s Agency Funds to any one or more of the approved purchasers listed above. Respondent may instruct BBW in writing that Agency Funds shall not be sold to certain approved purchasers. BBW may amend Exhibit A at any time by adding or deleting purchasers upon written or verbal notice as soon as practical to Respondent, and BBW may sell Agency Funds to such additional purchasers unless the Respondent shall have directed BBW prior to the sale not to sell Agency Funds to such additional purchasers.
    [Show full text]
  • Schedule 14A
    Use these links to rapidly review the document TABLE OF CONTENTS Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☒ Filed by a Party other than the Registrant o Check the appropriate box: o Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ Definitive Proxy Statement o Definitive Additional Materials o Soliciting Material under §240.14a-12 FIRST HAWAIIAN, INC. (Name of Registrant as Specified In Its Charter) N/A (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): ☒ No fee required. o Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: o Fee paid previously with preliminary materials. o Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
    [Show full text]
  • 2011 Proxy Statement
    24MAR201101400543 Hawaiian Telcom Holdco, Inc. P.O. Box 2200 Honolulu, HI 96841 March 28, 2011 Dear Stockholder: You are cordially invited to attend the Annual Meeting of Stockholders of Hawaiian Telcom Holdco, Inc. to be held on Friday, May 13, 2011 at 8:00 a.m. at our headquarters at 1177 Bishop Street, Honolulu, Hawaii 96813. The Secretary’s formal notice of the meeting and the Proxy Statement appear on the following pages and describe the matters to be acted upon at the Annual Meeting. You also will have the opportunity to hear an update on certain aspects of our business that have occurred in the past year. Whether or not you plan to attend the Annual Meeting, please vote your shares as soon as possible so that your vote will be counted. Sincerely, /s/ ERIC K. YEAMAN Eric K. Yeaman President and Chief Executive Officer Hawaiian Telcom Holdco, Inc. P.O. Box 2200 Honolulu, HI 96841 March 28, 2011 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS Hawaiian Telcom Holdco, Inc. will hold its Annual Meeting of Stockholders on Friday, May 13, 2011 at 8:00 a.m. at our headquarters at 1177 Bishop Street, Honolulu, Hawaii 96813. The Annual Meeting is being held for the following purposes: 1. To elect seven directors to serve until the next Annual Meeting of Stockholders or until their successors have been duly elected and qualified; 2. To hold a non-binding advisory vote on the compensation of our named executive officers; 3. To hold a non-binding advisory vote on how frequently (every one, two or three years) we conduct an advisory vote on the compensation of our named executive officers; 4.
    [Show full text]
  • US Bank Outlook 2021
    Stuart Plesser U.S. Bank Outlook 2021: Brendan Browne Devi Aurora Picking Up The Pieces And Moving On January 13, 2020 U.S. Bank Outlook 2021 | Contents Key Takeaways 3 Key Risks 4 Credit Conditions 5 U.S. Elections Impact 6 Ratings Distribution 7 2021 Forecast 9 Profitability 10 Allowances and Asset Quality 13 Commercial Real Estate, Energy, And Consumers 18 Capital Ratios 24 Deposits 27 LIBOR 28 Mergers and Acquisitions 29 Digitization 30 Subgroups and Related Research 31 Key Takeaways Key Expectations – Bank earnings will improve on lower credit loss provisions, although pandemic-related asset quality challenges and decades-low net interest margins will keep profitability ratios below 2019 levels. – The recently passed $900 billion stimulus bill, continued economic growth, and vaccine distribution will keep credit losses from rising as high as we had anticipated earlier in the pandemic. – Loan charge-offs triggered by the pandemic will move toward our updated estimate for the U.S. banking system of 2.2% rather than our prior 3% estimate. – With provisions, which equated to about 1.2% of loans in the first three quarters of 2020, falling to 1% or less of loans in 2021, allowances for credit losses will shrink. – The Biden Administration and a Democrat-controlled Congress could push for more stimulus--which may benefit the economy and bank asset quality--but also higher corporate taxes and tougher regulatory and legal enforcement, which could pose risks for banks. – Capital and liquidity will remain in good shape. However, regulatory capital ratios, which rose in 2020 in part due to restrictions on shareholder payouts, will likely decline with the easing of those restrictions.
    [Show full text]
  • The Danish Immigrant Museum
    The Danish Immigrant Museum An International Cultural Center Her Majesty Queen Margrethe II of Denmark, Protector ® Your visit to THE DANISH IMMIGRANT MUSEUM is a Journey . A LETTER FROM THE PRESIDENT January 2008 did we do to deserve this”? As my four grandparents Dear Friends and immigrated separately to this emerging nation, I speculate what their Supporters of thoughts must have been. Certainly The Danish their feelings must have been mixed. Immigrant Museum, Probably immense sadness at leaving family knowing they may never n calendar year 2008, The Danish see them again. I suspect there was IImmigrant Museum celebrates its anxiety at how they would cope in the 25th anniversary. Over the past 25 new world probably not knowing the years, much has been accomplished. language. There must have been great anticipation as to what opportunities A tremendous thank you goes to the Marc L. Petersen, President many dedicated people, volunteers and they would fi nd. The questions and staff, who have made this possible. Pat speculation could go on and on, but challenges of the future, we must yourself on the back as without you we all know courage had to be a have a fi rm foundation upon which there would be no national museum strong part of the constitution of the to build. We need both your fi nancial in the heart of the continent. Our immigrant striking out to a new life in and volunteer support. Certainly Danish heritage would not have been an unfamiliar world. membership renewal and recruitment preserved to the extent it is today The immigrant experiences of the is a key way to assist.
    [Show full text]
  • 2011 Annual Report
    Annual Report 2011 NEBRASKA DEPARTMENT OF BANKING AND FINANCE DAVE HEINEMAN, GOVERNOR JOHN MUNN, DIRECTOR Annual Report July 1, 2010 - June 30, 2011 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 www.ndbf.ne.gov 2011 NDB&F Annual Report 1 Leadership Through the Years 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.
    [Show full text]
  • PUC Annual Report–Fiscal Year 2006
    PUBLIC UTILITIES COMMISSION STATE OF HAWAII ANNUAL REPORT (HAW. REV. STAT. §§ 269-5 and 486J-5) FISCAL YEAR 2005-06 NOVEMBER 2006 TABLE OF CONTENTS Commission History and Background ........................................................................................1 Goals and Objectives of Commission ........................................................................................4 Administrative Update ................................................................................................................4 Regulatory Issues and Proceedings:..........................................................................................5 Major Regulatory Issues................................................................................................5 Electricity and Energy Proceedings...............................................................................5 Gas Proceedings ........................................................................................................ 14 Telecommunications Proceedings ............................................................................. 15 Private Water and Sewage Utilities Proceedings....................................................... 20 Transportation Carriers Proceedings ......................................................................... 24 One Call Center Proceedings..................................................................................... 30 Docket Proceedings ..................................................................................................
    [Show full text]
  • Mr. Jeffrey T. Wegner Kutak Rock the Omaha Building 1650 Famam Street Omaha, Nebraska 68102-2186
    . BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WSHINGT~N,0. c. EC551 Mr. Jeffrey T. Wegner Kutak Rock The Omaha Building 1650 Famam Street Omaha, Nebraska 68102-2186 Dear Mr. Wegner: The Secretary of the Board of Governors of the Federal Reserve System, acting pursuant to authority delegated by the Board, and having considered the record of this application in light of the relevant statutory factors, has approved the application by Lauritzen Corporation, Omaha, Nebraska (“Lauritzen”), to acquire 10,000 shares ofcommon stock of First National of Nebraska, Inc., Omaha, Nebraska (“FNNI”), pursuant to section 3(a)(3) of the Bank Holding Company Act (“BHC Act”) (12 U.S.C. 5 1842(a)(3)), and thereby increase Lauritzen’s ownership interest in FNNI from 21.22 percent to 24.95 percent. In approving this application, the Secretary has relied on all the facts of record and all representations and commitments made by Lauritzen in its application and in related correspondence in light of the factors set forth in the BHC Act. These commitments are conditions imposed in writing in connection with the findings and decision herein, and, as such, may be enforced under applicable provisions of law. The acquisition may not be consummated before the fifteenth calendar day following the effective date of this letter, or later than three months after the effective date of this letter, unless such period is extended for good . 2 cause by the Federal Reserve Bank of Kansas City. In connection with these provisions, advice of the fact of consummation shouId be given in writing to the Reserve Bank.
    [Show full text]
  • Summer 2007 Vol
    America Letter Summer 2007 Vol. XX, No. 4 Your Museum in the An International THE DANISH IMMIGRANT MUSEUM Her Majesty Queen Margrethe II of Denmark, Protector Heart of the Continent Cultural Center ® Member of the American Association of Museums BOX 470 • ELK HORN, IOWA 51531 Across Oceans, Across Time, Across Generations®: The Lauritzens By Eva Nielsen This story involves – among others – a ship builder, an artist, a banker, and a master painter. It links a house by the sea in Denmark with a bank in Omaha, Nebraska with The Danish Immigrant Museum in Elk Horn, Iowa. It’s a story connect- ing past to present – and a story about making something beautiful to remember the journey. Let’s start with Bruce Lauritzen. He is the banker, the chairman of First National Bank of Omaha and Bruce Lauritzen’s great-great-grandfather, Carl Christian, would have seen the Honorary Royal this view of the sea from his home in Ærøskøbing, Denmark. Carl Christian Danish Consul for was a ship builder and skipper. He immigrated to America in 1891 at the Nebraska. First Na- age of 77. tional Bank is 150 years building and laid a foundation for the Museum’s future old this year. Established growth. in 1857, it is the largest Now here’s where the artist comes into the story. Ear- privately held bank holding lier this year, The Danish Immigrant Museum contacted company in the U.S. Danish goldsmith and designer Helle Jørvad, commis- Lauritzen and his family sioning her to create a sculpture for Lauritzen, a thank own the Shelby County State you for the role the Lauritzen family and the Lauritzen Bank which has an offi ce Corporation has played in building the Museum – a thank in Elk Horn.
    [Show full text]