FDIC Certificate #: 10857 Status: Active Federal Reserve ID: 403937 Date Established: September 29, 1920 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 #: 6946 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 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: 20228 183rd Ave West, Buffalo Prairie, IL 61237 County: Rock Island Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Princeton Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Davenport-Moline-Rock Island, IA-IL (#1960) Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340) CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $60.3 mil Equity capital: $9.1 mil Deposits held in domestic offices: $50.7 mil Return on assets (ROA): 0.69% ($0.4 mil) Quarterly return on assets: 0.52% ($0.3 mil) Return on Equity (ROE): 4.44% ($0.4 mil) Quarterly return on equity: 3.33% ($0.3 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.69% ($416.1 mil) Quarterly Pretax return on assets: 0.52% ($313.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$60,301Total assets
$2,423Cash and due from depository institutions
$0Interest-bearing balances
$38,442Securities
$3,460Federal funds sold & reverse repurchase agreements
$15,178Net loans & leases
$171Loan loss allowance
$0Trading account assets
$101Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$60,301Life insurance assets
$697All other assets
$51,152Total liabilities and capital
$50,741Total liabilities
$47,537Total deposits
$50,741Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$411Subordinated debt
$9,149All other liabilities
$9,149Total equity capital
$9,149Total bank equity capital
$0Perpetual preferred stock
$360Common stock
$890Surplus
$7,899Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$134Income earned, not collected on loans
$0Earning assets
$554Long-term assets (5+ years)
$57,080Average Assets, year-to-date
$26,465Average Assets, quarterly
$55,672Volatile liabilities
$58,477Insider loans
$26,796FHLB advances
$59,567Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,731Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,146Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,974Total interest income
$915Total interest expense
$1,059Net interest income
$96Provision for loan and lease losses
$28Total noninterest income
$0Fiduciary activities
$8Service charges on deposit accounts
$0Trading account gains & fees
$20Additional noninterest income
$597Total noninterest expense
$343Salaries and employee benefits
$34Premises and equipment expense
$220Additional noninterest expense
$394Pre-tax net operating income
-$8Securities gains (losses)
$0Applicable income taxes
$386Income before extraordinary items
$0Extraordinary gains - net
$386Net income attributable to bank
$0Net charge-offs
$386Cash dividends
$155Sale, conversion, retirement of capital stock, net
$27Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.74%Yield on earning assets
1.73%Cost of funding earning assets
2.01%Net interest margin
0.05%Noninterest income to earning assets
1.13%Noninterest expense to earning assets
0.71%Net operating income to assets
0.69%Return on assets (ROA)
0.69%Pretax return on assets
4.44%Return on equity (ROE)
4.13%Retained earnings to average equity (YTD only)
0.88%Net charge-offs to loans
61.94%Credit loss provision to net charge-offs
3.16%Efficiency ratio
54,922Assets per employee
10.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
6.99%Loss allowance to loans
1.11%Loss allowance to noncurrent loans
127.61%Noncurrent assets plus other real estate owned to assets
0.22%Noncurrent loans to loans
0.87%Net loans and leases to deposits
29.91%Net loans and leases to core deposits
32.05%Equity capital to assets
15.17%Core capital (leverage) ratio
14.66%Tier 1 risk-based capital ratio
32.58%Total risk-based capital ratio
Memoranda
$33Average assets
$55,672Average earning assets
$8,702Average equity
$52,805Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6946
Buffalo Prairie State Bank
20228 183rd Ave West, Buffalo Prairie, IL 61237
September 29, 1920
Full Service Brick and Mortar
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