FDIC Certificate #: 30414 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Heartland Bank and Trust Company (#20369) Federal Reserve ID: 171179 Date Established: January 01, 1919 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 5304 FDIC's unique #: 43248 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: October 28, 1949 Last Structure Change Effective Date: July 31, 2007 Last Structure Change Process Date: August 02, 2007 Last Data Update: August 02, 2007 Data Source Date: April 05, 2012
Location
Address: 150 South Main St, Morton, IL 61550 County: Tazewell Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Springfield Il Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Peoria-Pekin, IL (#6120) 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: $280.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
79Total employees (full-time equivalent)
$288,747Total assets
$10,320Cash and due from depository institutions
$3,084Interest-bearing balances
$81,450Securities
$0Federal funds sold & reverse repurchase agreements
$183,194Net loans & leases
$553Loan loss allowance
$0Trading account assets
$4,258Bank premises and fixed assets
$323Other real estate owned
$76Goodwill and other intangibles
$3,169Life insurance assets
$9,126All other assets
$288,747Total liabilities and capital
$264,451Total liabilities
$234,608Total deposits
$223,991Interest-bearing deposits
$234,608Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$29,000Other borrowed funds
$0Subordinated debt
$843All other liabilities
$24,296Total equity capital
$24,296Total bank equity capital
$24,296Perpetual preferred stock
$1,000Common stock
$156Surplus
$22,320Undivided profits
Memoranda
$820Noncurrent loans and leases
$50,130Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$715Earning assets
$0Long-term assets (5+ years)
$1,325Average Assets, year-to-date
$267,728Average Assets, quarterly
$0Volatile liabilities
$298,816Insider loans
$291,148FHLB advances
$78,443Loans and leases held for sale
$765Unused loan commitments
$29,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$50,130Total unused commitments
$0Restructured Loans and leases
$553Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$16,183Total interest income
$8,560Total interest expense
$7,623Net interest income
$33Provision for loan and lease losses
$1,604Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,604Additional noninterest income
$6,927Total noninterest expense
$4,097Salaries and employee benefits
$1,424Premises and equipment expense
$1,406Additional noninterest expense
$2,267Pre-tax net operating income
$0Securities gains (losses)
$766Applicable income taxes
$1,501Income before extraordinary items
$0Extraordinary gains - net
$1,501Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$23Sale, conversion, retirement of capital stock, net
$76Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.85%Yield on earning assets
3.09%Cost of funding earning assets
2.76%Net interest margin
0.58%Noninterest income to earning assets
2.50%Noninterest expense to earning assets
0.50%Net operating income to assets
0.50%Return on assets (ROA)
0.76%Pretax return on assets
6.36%Return on equity (ROE)
6.04%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
143.48%Credit loss provision to net charge-offs
100.00%Efficiency ratio
75,073Assets per employee
3.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
5.06%Loss allowance to loans
0.30%Loss allowance to noncurrent loans
77.34%Noncurrent assets plus other real estate owned to assets
0.33%Noncurrent loans to loans
0.39%Net loans and leases to deposits
78.09%Net loans and leases to core deposits
98.94%Equity capital to assets
8.41%Core capital (leverage) ratio
8.37%Tier 1 risk-based capital ratio
17.03%Total risk-based capital ratio
Memoranda
$17Average assets
$298,816Average earning assets
$23,599Average equity
$276,649Average loans
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