Bank of De Soto in De Soto, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 02, 1994

Bank of De Soto in De Soto, Illinois (IL)
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Bank of De Soto - Overview

General
FDIC Certificate #: 13564
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First National Bank and Trust Company, Carbondale, Illinois (#3772)
Federal Reserve ID: 706647
Date Established: January 01, 1920
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Interstate: No)
FDIC's unique #: 8480
Numeric code: 13
Regulator: FED
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: October 02, 1994
Last Structure Change Process Date: October 27, 1994
Last Data Update: October 27, 1994
Data Source Date: April 05, 2012
Location
Address: 102 North Chestnut Street, De Soto, IL 62924
County: Jackson
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Mount Vernon
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Combined Statistical Area (CSA): Carbondale-Marion-Herrin, IL (#166)
Core Based Statistical Area (CBSA): Carbondale, IL (#16060)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $19.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$11Total assets
$18,715Cash and due from depository institutions
$571Interest-bearing balances
$0Securities
$10,079Federal funds sold & reverse repurchase agreements
$500Net loans & leases
$7,136Loan loss allowance
$88Trading account assets
$0Bank premises and fixed assets
$231Other real estate owned
$0Goodwill and other intangibles
$198Life insurance assets
$0All other assets
$0Total liabilities and capital
$18,715Total liabilities
$16,838Total deposits
$16,753Interest-bearing deposits
$14,925Deposits held in domestic offices
16753.00%% insured (estimated)
$99Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$85Total equity capital
$85Total bank equity capital
$1,877Perpetual preferred stock
$0Common stock
$200Surplus
$1,000Undivided profits
Memoranda
$677Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$78Earning assets
$17,715Long-term assets (5+ years)
$1,490Average Assets, year-to-date
$18,556Average Assets, quarterly
$18,552Volatile liabilities
$200Insider loans
$151FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$67Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,877Total risk weighted assets
$7,956Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$1,231Total interest expense
$509Net interest income
$722Provision for loan and lease losses
$26Total noninterest income
$125Fiduciary activities
$0Service charges on deposit accounts
$87Trading account gains & fees
$0Additional noninterest income
$38Total noninterest expense
$609Salaries and employee benefits
$279Premises and equipment expense
$70Additional noninterest expense
$260Pre-tax net operating income
$212Securities gains (losses)
$1Applicable income taxes
$48Income before extraordinary items
$165Extraordinary gains - net
$12Net income attributable to bank
$177Net charge-offs
$24Cash dividends
$93Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.05%Cost of funding earning assets
2.91%Net interest margin
4.13%Noninterest income to earning assets
0.72%Noninterest expense to earning assets
3.49%Net operating income to assets
0.89%Return on assets (ROA)
0.95%Pretax return on assets
1.21%Return on equity (ROE)
9.50%Retained earnings to average equity (YTD only)
4.51%Net charge-offs to loans
0.36%Credit loss provision to net charge-offs
108.33%Efficiency ratio
71,901Assets per employee
1.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.54%Loss allowance to loans
1.22%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
42.60%Net loans and leases to core deposits
43.11%Equity capital to assets
10.03%Core capital (leverage) ratio
10.10%Tier 1 risk-based capital ratio
23.59%Total risk-based capital ratio
Memoranda
$25Average assets
$18,556Average earning assets
$1,863Average equity
$17,463Average loans

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