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


Bank of Montgomery - Overview

  • General
  • FDIC Certificate #: 20769
    Status: Active
    Federal Reserve ID: 713047
    Bank Holding Company (Regulatory Top Holder): Montgomery Bancshares, Inc. (RSSDID: 2139696, Location: Montgomery, IL)
    Date Established: August 15, 1972
    WWW: http://www.bankofmontgomery.net
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 14344
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: August 15, 1972
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1333 Douglas Avenue, Montgomery, IL 60538
    County: Kane
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Chicago
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Chicago, IL (#1600)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Chicago-Joliet-Naperville, IL (#16974)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $36.7 mil
    Equity capital: $3.6 mil
    Deposits held in domestic offices: $33.1 mil
    Return on assets (ROA): -0.41% (-$0.2 mil)
    Quarterly return on assets: -1.85% (-$0.7 mil)
    Return on Equity (ROE): -3.94% (-$0.2 mil)
    Quarterly return on equity: -18.15% (-$0.7 mil)
    Net income: -$0.1 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: -0.75% (-$275.5 mil)
    Quarterly Pretax return on assets: -3.25% (-$1,194.0 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, 2011)

  • Dollar figures in thousands
  • 9Total employees (full-time equivalent)
  • $36,739Total assets
  • $7,310Cash and due from depository institutions
  • $6,545Interest-bearing balances
  • $12,018Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $16,335Net loans & leases
  • $177Loan loss allowance
  • $0Trading account assets
  • $207Bank premises and fixed assets
  • $270Other real estate owned
  • $0Goodwill and other intangibles
  • $36,739Life insurance assets
  • $599All other assets
  • $33,093Total liabilities and capital
  • $33,052Total liabilities
  • $28,162Total deposits
  • $33,052Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $41Subordinated debt
  • $3,646All other liabilities
  • $3,646Total equity capital
  • $3,646Total bank equity capital
  • $0Perpetual preferred stock
  • $240Common stock
  • $1,564Surplus
  • $1,842Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $342Income earned, not collected on loans
  • $0Earning assets
  • $179Long-term assets (5+ years)
  • $34,898Average Assets, year-to-date
  • $7,538Average Assets, quarterly
  • $36,091Volatile liabilities
  • $36,806Insider loans
  • $19,153FHLB advances
  • $36,706Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,424Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,145Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,467Total interest income
  • $257Total interest expense
  • $1,210Net interest income
  • $521Provision for loan and lease losses
  • $282Total noninterest income
  • $0Fiduciary activities
  • $218Service charges on deposit accounts
  • $0Trading account gains & fees
  • $64Additional noninterest income
  • $1,242Total noninterest expense
  • $691Salaries and employee benefits
  • $104Premises and equipment expense
  • $447Additional noninterest expense
  • -$271Pre-tax net operating income
  • $0Securities gains (losses)
  • -$123Applicable income taxes
  • -$148Income before extraordinary items
  • $0Extraordinary gains - net
  • -$148Net income attributable to bank
  • $0Net charge-offs
  • -$148Cash dividends
  • $708Sale, conversion, retirement of capital stock, net
  • $48Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.30%Yield on earning assets
  • 0.75%Cost of funding earning assets
  • 3.54%Net interest margin
  • 0.83%Noninterest income to earning assets
  • 3.64%Noninterest expense to earning assets
  • -0.41%Net operating income to assets
  • -0.41%Return on assets (ROA)
  • -0.75%Pretax return on assets
  • -3.94%Return on equity (ROE)
  • -5.22%Retained earnings to average equity (YTD only)
  • 4.08%Net charge-offs to loans
  • 73.59%Credit loss provision to net charge-offs
  • 0.35%Efficiency ratio
  • 83,244Assets per employee
  • 4.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -32.43%Loss allowance to loans
  • 1.07%Loss allowance to noncurrent loans
  • 51.75%Noncurrent assets plus other real estate owned to assets
  • 1.67%Noncurrent loans to loans
  • 2.07%Net loans and leases to deposits
  • 49.42%Net loans and leases to core deposits
  • 50.70%Equity capital to assets
  • 9.92%Core capital (leverage) ratio
  • 9.33%Tier 1 risk-based capital ratio
  • 17.88%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $36,091Average earning assets
  • $3,755Average equity
  • $34,151Average loans

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014344Bank Of Montgomery1333 Douglas Avenue, Montgomery, IL 60538August 15, 1972Full Service Brick and Mortar

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