Boatmen's Bank of South Central Illinois in city_name, state_name

Boatmen's Bank of South Central Illinois in Mount Vernon, Illinois (IL)
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Boatmen's Bank of South Central Illinois - Overview

General
FDIC Certificate #: 11738
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank of America, National Association (#15802)
Federal Reserve ID: 389442
Date Established: October 27, 1910
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
FDIC's unique #: 7507
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: January 01, 1934
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: Main And Ninth Streets, Mount Vernon, IL 62864
County: Jefferson
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
Core Based Statistical Area (CBSA): Mount Vernon, IL (#34500)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $267.2 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)
$105Total assets
$234,842Cash and due from depository institutions
$5,893Interest-bearing balances
$113Securities
$41,173Federal funds sold & reverse repurchase agreements
$15,525Net loans & leases
$162,169Loan loss allowance
$2,911Trading account assets
$0Bank premises and fixed assets
$3,238Other real estate owned
$0Goodwill and other intangibles
$2,689Life insurance assets
$4,155All other assets
$0Total liabilities and capital
$234,842Total liabilities
$211,571Total deposits
$209,260Interest-bearing deposits
$184,510Deposits held in domestic offices
209260.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$758Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,553Total equity capital
$1,553Total bank equity capital
$23,271Perpetual preferred stock
$0Common stock
$3,075Surplus
$13,842Undivided profits
Memoranda
$6,354Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,431Income earned, not collected on loans
$1,453Earning assets
$218,980Long-term assets (5+ years)
$13,533Average Assets, year-to-date
$236,216Average Assets, quarterly
$235,477Volatile liabilities
$10,605Insider loans
$2,624FHLB advances
$0Loans and leases held for sale
$126Unused loan commitments
$9,439Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$18,987Total risk weighted assets
$146,549Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$17,889Total interest expense
$8,101Net interest income
$9,788Provision for loan and lease losses
$439Total noninterest income
$1,592Fiduciary activities
$7Service charges on deposit accounts
$1,053Trading account gains & fees
$0Additional noninterest income
$532Total noninterest expense
$5,654Salaries and employee benefits
$2,897Premises and equipment expense
$694Additional noninterest expense
$2,063Pre-tax net operating income
$5,287Securities gains (losses)
$0Applicable income taxes
$1,914Income before extraordinary items
$3,373Extraordinary gains - net
$0Net income attributable to bank
$3,373Net charge-offs
$479Cash dividends
$2,911Sale, 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
8.16%Cost of funding earning assets
3.70%Net interest margin
4.47%Noninterest income to earning assets
0.73%Noninterest expense to earning assets
2.58%Net operating income to assets
1.43%Return on assets (ROA)
1.43%Pretax return on assets
2.24%Return on equity (ROE)
14.71%Retained earnings to average equity (YTD only)
2.02%Net charge-offs to loans
0.29%Credit loss provision to net charge-offs
91.65%Efficiency ratio
45,791Assets per employee
2.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
86.30%Loss allowance to loans
1.76%Loss allowance to noncurrent loans
84.84%Noncurrent assets plus other real estate owned to assets
1.46%Noncurrent loans to loans
2.08%Net loans and leases to deposits
77.50%Net loans and leases to core deposits
81.32%Equity capital to assets
9.91%Core capital (leverage) ratio
8.18%Tier 1 risk-based capital ratio
12.96%Total risk-based capital ratio
Memoranda
$14Average assets
$236,216Average earning assets
$22,923Average equity
$219,183Average loans

Boatmen's Bank of South Central Illinois in Mount Vernon, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Boatmen's Bank of South Central Illinois - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

Boatmen's Bank of South Central Illinois in Mount Vernon, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

Boatmen's Bank of South Central Illinois - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

Boatmen's Bank of South Central Illinois in Mount Vernon, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches