Boatmen's Bank of Franklin County in Benton, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 13, 1997

Boatmen's Bank of Franklin County in Benton, Illinois (IL)
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Boatmen's Bank of Franklin County - Overview

General
FDIC Certificate #: 15517
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank of America, National Association (#15802)
Federal Reserve ID: 758646
Date Established: August 02, 1937
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
FDIC's unique #: 9815
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: August 02, 1937
Last Structure Change Effective Date: June 13, 1997
Last Structure Change Process Date: June 24, 1997
Last Data Update: June 24, 1997
Data Source Date: April 05, 2012
Location
Address: 400 Public Square, Benton, IL 62812
County: Franklin
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Atlanta
FDIC Field Office: Mount Vernon
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Financial Summary
Total assets: $180.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$70Total assets
$158,438Cash and due from depository institutions
$4,199Interest-bearing balances
$0Securities
$60,916Federal funds sold & reverse repurchase agreements
$1,200Net loans & leases
$87,208Loan loss allowance
$1,557Trading account assets
$0Bank premises and fixed assets
$2,755Other real estate owned
$167Goodwill and other intangibles
$1,993Life insurance assets
$0All other assets
$0Total liabilities and capital
$158,438Total liabilities
$143,487Total deposits
$142,082Interest-bearing deposits
$126,685Deposits held in domestic offices
142082.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,405Total equity capital
$1,405Total bank equity capital
$14,951Perpetual preferred stock
$0Common stock
$600Surplus
$6,000Undivided profits
Memoranda
$8,351Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$563Income earned, not collected on loans
$497Earning assets
$149,324Long-term assets (5+ years)
$22,172Average Assets, year-to-date
$164,948Average Assets, quarterly
$160,667Volatile liabilities
$1,372Insider loans
$445FHLB advances
$0Loans and leases held for sale
$84Unused loan commitments
$3,253Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$14,936Total risk weighted assets
$93,756Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$11,911Total interest expense
$5,515Net interest income
$6,396Provision for loan and lease losses
$348Total noninterest income
$1,005Fiduciary activities
$0Service charges on deposit accounts
$732Trading account gains & fees
$0Additional noninterest income
$273Total noninterest expense
$3,721Salaries and employee benefits
$1,915Premises and equipment expense
$412Additional noninterest expense
$1,394Pre-tax net operating income
$3,332Securities gains (losses)
$3Applicable income taxes
$919Income before extraordinary items
$2,416Extraordinary gains - net
$0Net income attributable to bank
$2,416Net charge-offs
$344Cash dividends
$2,052Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.66%Cost of funding earning assets
3.55%Net interest margin
4.11%Noninterest income to earning assets
0.65%Noninterest expense to earning assets
2.39%Net operating income to assets
1.46%Return on assets (ROA)
1.46%Pretax return on assets
2.02%Return on equity (ROE)
16.64%Retained earnings to average equity (YTD only)
2.51%Net charge-offs to loans
0.39%Credit loss provision to net charge-offs
101.16%Efficiency ratio
50,277Assets per employee
2.26%Cash dividends to net income (YTD only)
Condition Ratios (%)
84.93%Loss allowance to loans
1.75%Loss allowance to noncurrent loans
276.55%Noncurrent assets plus other real estate owned to assets
0.46%Noncurrent loans to loans
0.63%Net loans and leases to deposits
61.38%Net loans and leases to core deposits
61.98%Equity capital to assets
9.44%Core capital (leverage) ratio
9.36%Tier 1 risk-based capital ratio
15.93%Total risk-based capital ratio
Memoranda
$17Average assets
$164,948Average earning assets
$14,517Average equity
$155,543Average loans

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