Charter Bank, S.B. in city_name, state_name - Detailed Financial Reports, Location

Charter Bank, S.B. in Sparta, Illinois (IL)
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Charter Bank, S.B. - Overview

General
FDIC Certificate #: 27722
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Union Planters Bank, National Association (#4979)
Federal Reserve ID: 870874
Date Established: January 01, 1894
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 8 (Interstate: No)
OTS Docket #: 174
FDIC's unique #: 40556
Numeric code: 41
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
FDIC Insured: Yes
Insured Savings Institution: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: May 15, 1936
Last Structure Change Effective Date: March 19, 1999
Last Structure Change Process Date: March 26, 1999
Last Data Update: March 26, 1999
Data Source Date: April 05, 2012
Location
Address: 114 West Broadway, Sparta, IL 62286
County: Randolph
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Dallas
FDIC Field Office: Mount Vernon
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Financial Summary
Total assets: $359.6 mil

1992 - 1999 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, 1998)

Dollar figures in thousands
82Total employees (full-time equivalent)
$359,564Total assets
$21,586Cash and due from depository institutions
$13,303Interest-bearing balances
$49,299Securities
$0Federal funds sold & reverse repurchase agreements
$234,596Net loans & leases
$3,331Loan loss allowance
$0Trading account assets
$4,172Bank premises and fixed assets
$117Other real estate owned
$44,966Goodwill and other intangibles
$0Life insurance assets
$4,828All other assets
$359,564Total liabilities and capital
$300,472Total liabilities
$271,815Total deposits
$254,722Interest-bearing deposits
$271,815Deposits held in domestic offices
0.00%% insured (estimated)
$24,912Federal funds purchased & repurchase agreements
$0Trading liabilities
$121Other borrowed funds
$0Subordinated debt
$3,624All other liabilities
$59,092Total equity capital
$59,092Total bank equity capital
$59,092Perpetual preferred stock
$0Common stock
$0Surplus
$57,978Undivided profits
Memoranda
$1,114Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,281Earning assets
$0Long-term assets (5+ years)
$1,627Average Assets, year-to-date
$297,198Average Assets, quarterly
$64,664Volatile liabilities
$378,574Insider loans
$363,565FHLB advances
$46,659Loans and leases held for sale
$35Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,768Total unused commitments
$0Restructured Loans and leases
$176,632Derivatives

Income and Expense (December 31, 1998)

Dollar figures in thousands
$17,479Total interest income
$9,621Total interest expense
$7,858Net interest income
$452Provision for loan and lease losses
$859Total noninterest income
$0Fiduciary activities
$638Service charges on deposit accounts
$0Trading account gains & fees
$221Additional noninterest income
$5,931Total noninterest expense
$1,458Salaries and employee benefits
$737Premises and equipment expense
$3,736Additional noninterest expense
$2,334Pre-tax net operating income
$146Securities gains (losses)
$1,737Applicable income taxes
$743Income before extraordinary items
$0Extraordinary gains - net
$743Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,064Sale, conversion, retirement of capital stock, net
$33,937Net operating income

Performance and Condition Ratios (December 31, 1998)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.21%Yield on earning assets
2.87%Cost of funding earning assets
2.34%Net interest margin
0.26%Noninterest income to earning assets
1.77%Noninterest expense to earning assets
0.17%Net operating income to assets
0.20%Return on assets (ROA)
0.66%Pretax return on assets
1.22%Return on equity (ROE)
-54.41%Retained earnings to average equity (YTD only)
0.41%Net charge-offs to loans
42.48%Credit loss provision to net charge-offs
2.62%Efficiency ratio
41,597Assets per employee
4.38%Cash dividends to net income (YTD only)
Condition Ratios (%)
4567.56%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
146.03%Noncurrent assets plus other real estate owned to assets
0.67%Noncurrent loans to loans
0.96%Net loans and leases to deposits
86.31%Net loans and leases to core deposits
93.81%Equity capital to assets
16.43%Core capital (leverage) ratio
4.44%Tier 1 risk-based capital ratio
7.79%Total risk-based capital ratio
Memoranda
$9Average assets
$378,574Average earning assets
$61,008Average equity
$335,230Average loans

Britni Pritchett

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Aug 22, 2022 @ 2:14 pm

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Charter Bank, S.B. in Sparta, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Charter Bank, S.B. - Overview

Assets and Liabilities (December 31, 1998)

Income and Expense (December 31, 1998)

Performance and Condition Ratios (December 31, 1998)

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

Charter Bank, S.B. in Sparta, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

Charter Bank, S.B. - Overview

Assets and Liabilities (December 31, 1998)

Income and Expense (December 31, 1998)

Performance and Condition Ratios (December 31, 1998)

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

Charter Bank, S.B. in Sparta, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches