FDIC Certificate #: 10790 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Morton Community Bank (#18429) Federal Reserve ID: 478449 Date Established: January 01, 1870 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 5 (Interstate: No) OTS Docket #: 10945 FDIC's unique #: 6899 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: September 06, 2008 Last Structure Change Process Date: September 29, 2008 Last Data Update: September 29, 2008 Data Source Date: April 05, 2012
Location
Address: 201 North Main Street, Toluca, IL 61369 County: Marshall Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Princeton Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Combined Statistical Area (CSA): Peoria-Canton, IL (#426) Core Based Statistical Area (CBSA): Peoria, IL (#37900) CBSA Metro Statistical Area: Peoria, IL (#37900)
Financial Summary
Total assets: $176.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 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, 2007)
Dollar figures in thousands
47Total employees (full-time equivalent)
$167,567Total assets
$4,917Cash and due from depository institutions
$1,538Interest-bearing balances
$49,422Securities
$3,432Federal funds sold & reverse repurchase agreements
$98,285Net loans & leases
$1,653Loan loss allowance
$0Trading account assets
$1,576Bank premises and fixed assets
$648Other real estate owned
$129Goodwill and other intangibles
$3,208Life insurance assets
$9,158All other assets
$167,567Total liabilities and capital
$155,096Total liabilities
$134,556Total deposits
$126,620Interest-bearing deposits
$134,556Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$20,000Other borrowed funds
$0Subordinated debt
$540All other liabilities
$12,471Total equity capital
$12,471Total bank equity capital
$12,471Perpetual preferred stock
$0Common stock
$600Surplus
$4,387Undivided profits
Memoranda
$7,484Noncurrent loans and leases
$19,800Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,885Earning assets
$0Long-term assets (5+ years)
$1,813Average Assets, year-to-date
$152,677Average Assets, quarterly
$17,519Volatile liabilities
$180,615Insider loans
$171,528FHLB advances
$34,631Loans and leases held for sale
$36Unused loan commitments
$20,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$19,800Total unused commitments
$275Restructured Loans and leases
$1,432Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$11,047Total interest income
$5,957Total interest expense
$5,090Net interest income
$2,528Provision for loan and lease losses
$752Total noninterest income
$127Fiduciary activities
$440Service charges on deposit accounts
$0Trading account gains & fees
$185Additional noninterest income
$4,075Total noninterest expense
$2,556Salaries and employee benefits
$583Premises and equipment expense
$936Additional noninterest expense
-$761Pre-tax net operating income
-$260Securities gains (losses)
-$16Applicable income taxes
-$1,005Income before extraordinary items
$0Extraordinary gains - net
-$1,005Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$3,468Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.64%Yield on earning assets
3.58%Cost of funding earning assets
3.06%Net interest margin
0.45%Noninterest income to earning assets
2.45%Noninterest expense to earning assets
-0.42%Net operating income to assets
-0.56%Return on assets (ROA)
-0.57%Pretax return on assets
-8.04%Return on equity (ROE)
-8.04%Retained earnings to average equity (YTD only)
3.23%Net charge-offs to loans
72.90%Credit loss provision to net charge-offs
0.51%Efficiency ratio
69,754Assets per employee
3.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.65%Loss allowance to noncurrent loans
57.30%Noncurrent assets plus other real estate owned to assets
2.11%Noncurrent loans to loans
2.89%Net loans and leases to deposits
73.04%Net loans and leases to core deposits
93.67%Equity capital to assets
7.44%Core capital (leverage) ratio
7.57%Tier 1 risk-based capital ratio
11.08%Total risk-based capital ratio
Memoranda
$12Average assets
$180,615Average earning assets
$12,506Average equity
$166,414Average loans
Total Fiduciary and Related Assets (December 31, 2007)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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