Citizens State Bank of Cropsey in Cropsey, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 10, 2010

Citizens State Bank of Cropsey in Cropsey, Illinois (IL)
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Citizens State Bank of Cropsey - Overview

General
FDIC Certificate #: 10430
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Morton Community Bank (#18429)
Federal Reserve ID: 161031
Date Established: September 09, 1918
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 6665
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 10, 2010
Last Structure Change Process Date: December 15, 2010
Last Data Update: December 15, 2010
Data Source Date: April 05, 2012
Location
Address: 130 S. Main Street, Cropsey, IL 61731
County: Mclean
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Champaign
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Bloomington-Normal, IL (#1040)
Core Based Statistical Area (CBSA): Bloomington-Normal, IL (#14060)
CBSA Metro Statistical Area: Bloomington-Normal, IL (#14060)
Financial Summary
Total assets: $44.3 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, 2009)

Dollar figures in thousands
10Total employees (full-time equivalent)
$46,296Total assets
$1,819Cash and due from depository institutions
$400Interest-bearing balances
$2,894Securities
$7,878Federal funds sold & reverse repurchase agreements
$32,233Net loans & leases
$273Loan loss allowance
$0Trading account assets
$385Bank premises and fixed assets
$219Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$868All other assets
$46,296Total liabilities and capital
$43,327Total liabilities
$40,253Total deposits
$35,122Interest-bearing deposits
$40,253Deposits held in domestic offices
92.23%% insured (estimated)
$143Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,593Other borrowed funds
$0Subordinated debt
$338All other liabilities
$2,969Total equity capital
$2,969Total bank equity capital
$2,969Perpetual preferred stock
$0Common stock
$185Surplus
$1,871Undivided profits
Memoranda
$913Noncurrent loans and leases
$7,668Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$38Earning assets
$0Long-term assets (5+ years)
$442Average Assets, year-to-date
$43,405Average Assets, quarterly
$7,577Volatile liabilities
$40,537Insider loans
$44,602FHLB advances
$5,798Loans and leases held for sale
$1,425Unused loan commitments
$2,593Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,668Total unused commitments
$0Restructured Loans and leases
$273Derivatives

Income and Expense (December 31, 2009)

Dollar figures in thousands
$2,204Total interest income
$833Total interest expense
$1,371Net interest income
$287Provision for loan and lease losses
$122Total noninterest income
$0Fiduciary activities
$48Service charges on deposit accounts
$0Trading account gains & fees
$74Additional noninterest income
$1,091Total noninterest expense
$551Salaries and employee benefits
$101Premises and equipment expense
$439Additional noninterest expense
$115Pre-tax net operating income
-$80Securities gains (losses)
$34Applicable income taxes
$1Income before extraordinary items
$0Extraordinary gains - net
$1Net income attributable to bank
$0Net charge-offs
$1Cash dividends
$247Sale, conversion, retirement of capital stock, net
$91Net operating income

Performance and Condition Ratios (December 31, 2009)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.79%Yield on earning assets
2.19%Cost of funding earning assets
3.60%Net interest margin
0.32%Noninterest income to earning assets
2.87%Noninterest expense to earning assets
0.13%Net operating income to assets
0.00%Return on assets (ROA)
0.09%Pretax return on assets
0.03%Return on equity (ROE)
-3.03%Retained earnings to average equity (YTD only)
0.80%Net charge-offs to loans
116.19%Credit loss provision to net charge-offs
1.63%Efficiency ratio
73,074Assets per employee
4.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
9100.00%Loss allowance to loans
0.84%Loss allowance to noncurrent loans
718.42%Noncurrent assets plus other real estate owned to assets
0.56%Noncurrent loans to loans
0.12%Net loans and leases to deposits
80.08%Net loans and leases to core deposits
91.59%Equity capital to assets
6.41%Core capital (leverage) ratio
6.58%Tier 1 risk-based capital ratio
8.44%Total risk-based capital ratio
Memoranda
$9Average assets
$40,537Average earning assets
$2,966Average equity
$38,065Average loans

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