AYARS STATE BANK in Moweaqua, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 2000

AYARS STATE BANK in Moweaqua, Illinois (IL)
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AYARS STATE BANK - Overview

General
FDIC Certificate #: 1814
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: FIRST NATIONAL BANK OF NOKOMIS (#15763)
Federal Reserve ID: 1016446
Date Established: January 01, 1920
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 13062
FDIC's unique #: 1207
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: July 01, 2000
Last Structure Change Process Date: July 17, 2000
Last Data Update: July 17, 2000
Data Source Date: April 05, 2012
Location
Address: 105 North Main Street, Moweaqua, IL 62550
County: Shelby
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Champaign
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Financial Summary
Total assets: $24.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 1999)

Dollar figures in thousands
8Total employees (full-time equivalent)
$24,199Total assets
$1,059Cash and due from depository institutions
$0Interest-bearing balances
$5,064Securities
$0Federal funds sold & reverse repurchase agreements
$15,948Net loans & leases
$229Loan loss allowance
$0Trading account assets
$228Bank premises and fixed assets
$0Other real estate owned
$890Goodwill and other intangibles
$0Life insurance assets
$1,010All other assets
$24,199Total liabilities and capital
$20,592Total liabilities
$20,160Total deposits
$18,366Interest-bearing deposits
$20,160Deposits held in domestic offices
0.00%% insured (estimated)
$161Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$271All other liabilities
$3,607Total equity capital
$3,607Total bank equity capital
$3,607Perpetual preferred stock
$0Common stock
$300Surplus
$3,150Undivided profits
Memoranda
$157Noncurrent loans and leases
$1,584Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$8Earning assets
$0Long-term assets (5+ years)
$247Average Assets, year-to-date
$21,012Average Assets, quarterly
$3,534Volatile liabilities
$24,793Insider loans
$24,258FHLB advances
$2,482Loans and leases held for sale
$66Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,584Total unused commitments
$0Restructured Loans and leases
$201Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$1,713Total interest income
$777Total interest expense
$936Net interest income
$38Provision for loan and lease losses
$112Total noninterest income
$0Fiduciary activities
$61Service charges on deposit accounts
$0Trading account gains & fees
$51Additional noninterest income
$682Total noninterest expense
$360Salaries and employee benefits
$70Premises and equipment expense
$252Additional noninterest expense
$328Pre-tax net operating income
$3Securities gains (losses)
$108Applicable income taxes
$223Income before extraordinary items
$0Extraordinary gains - net
$223Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$112Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.80%Yield on earning assets
3.54%Cost of funding earning assets
4.26%Net interest margin
0.51%Noninterest income to earning assets
3.10%Noninterest expense to earning assets
0.89%Net operating income to assets
0.90%Return on assets (ROA)
1.34%Pretax return on assets
6.17%Return on equity (ROE)
3.07%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
57,920Assets per employee
3.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
50.22%Loss allowance to loans
1.42%Loss allowance to noncurrent loans
2862.50%Noncurrent assets plus other real estate owned to assets
0.03%Noncurrent loans to loans
0.05%Net loans and leases to deposits
79.11%Net loans and leases to core deposits
89.40%Equity capital to assets
14.91%Core capital (leverage) ratio
11.89%Tier 1 risk-based capital ratio
17.57%Total risk-based capital ratio
Memoranda
$19Average assets
$24,793Average earning assets
$3,616Average equity
$21,976Average loans

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