FDIC Certificate #: 10443 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Bank of Advance (#9369) Federal Reserve ID: 307231 Date Established: January 01, 1930 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 6677 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: January 01, 2005 Last Structure Change Process Date: January 13, 2005 Last Data Update: January 13, 2005 Data Source Date: April 05, 2012
Location
Address: Main Street, Bowen, IL 62316 County: Hancock 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
Financial Summary
Total assets: $17.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
7Total employees (full-time equivalent)
$17,413Total assets
$645Cash and due from depository institutions
$0Interest-bearing balances
$5,740Securities
$0Federal funds sold & reverse repurchase agreements
$10,500Net loans & leases
$78Loan loss allowance
$0Trading account assets
$106Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$422All other assets
$17,413Total liabilities and capital
$15,151Total liabilities
$15,060Total deposits
$12,464Interest-bearing deposits
$15,060Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$91All other liabilities
$2,262Total equity capital
$2,262Total bank equity capital
$2,262Perpetual preferred stock
$0Common stock
$208Surplus
$575Undivided profits
Memoranda
$1,479Noncurrent loans and leases
$1,732Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$319Earning assets
$0Long-term assets (5+ years)
$212Average Assets, year-to-date
$16,240Average Assets, quarterly
$3,103Volatile liabilities
$17,704Insider loans
$17,307FHLB advances
$1,112Loans and leases held for sale
$268Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,732Total unused commitments
$0Restructured Loans and leases
$78Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$896Total interest income
$186Total interest expense
$710Net interest income
$76Provision for loan and lease losses
$56Total noninterest income
$0Fiduciary activities
$41Service charges on deposit accounts
$0Trading account gains & fees
$15Additional noninterest income
$576Total noninterest expense
$350Salaries and employee benefits
$49Premises and equipment expense
$177Additional noninterest expense
$114Pre-tax net operating income
$0Securities gains (losses)
$4Applicable income taxes
$110Income before extraordinary items
$0Extraordinary gains - net
$110Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$168Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.40%Yield on earning assets
1.12%Cost of funding earning assets
4.28%Net interest margin
0.34%Noninterest income to earning assets
3.47%Noninterest expense to earning assets
0.62%Net operating income to assets
0.62%Return on assets (ROA)
0.64%Pretax return on assets
4.89%Return on equity (ROE)
4.89%Retained earnings to average equity (YTD only)
1.62%Net charge-offs to loans
45.24%Credit loss provision to net charge-offs
1.13%Efficiency ratio
75,196Assets per employee
2.49%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.74%Loss allowance to noncurrent loans
24.45%Noncurrent assets plus other real estate owned to assets
1.83%Noncurrent loans to loans
3.02%Net loans and leases to deposits
69.72%Net loans and leases to core deposits
75.28%Equity capital to assets
12.99%Core capital (leverage) ratio
12.56%Tier 1 risk-based capital ratio
19.52%Total risk-based capital ratio
Memoranda
$20Average assets
$17,704Average earning assets
$2,249Average equity
$16,605Average loans
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