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

This bank is inactive as of July 16, 2011

Citizens State Bank of Shipman in Shipman, Illinois (IL)
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Citizens State Bank of Shipman routing number info

Citizens State Bank of Shipman - Overview

General
FDIC Certificate #: 5760
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: CNB Bank and Trust, N.A. (#3775)
Federal Reserve ID: 247449
Date Established: Febuary 15, 1926
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 9792
FDIC's unique #: 3930
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: July 16, 2011
Last Structure Change Process Date: July 20, 2011
Last Data Update: July 20, 2011
Data Source Date: April 05, 2012
Location
Address: 111 Keating Street, Shipman, IL 62685
County: Macoupin
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
Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
Financial Summary
Total assets: $60.5 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, 2010)

Dollar figures in thousands
16Total employees (full-time equivalent)
$56,494Total assets
$5,056Cash and due from depository institutions
$94Interest-bearing balances
$16,158Securities
$0Federal funds sold & reverse repurchase agreements
$29,111Net loans & leases
$594Loan loss allowance
$0Trading account assets
$533Bank premises and fixed assets
$1,033Other real estate owned
$959Goodwill and other intangibles
$1,649Life insurance assets
$3,644All other assets
$56,494Total liabilities and capital
$51,667Total liabilities
$47,000Total deposits
$40,228Interest-bearing deposits
$47,000Deposits held in domestic offices
97.48%% insured (estimated)
$1,258Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,650Other borrowed funds
$0Subordinated debt
$759All other liabilities
$4,827Total equity capital
$4,827Total bank equity capital
$4,827Perpetual preferred stock
$0Common stock
$380Surplus
$3,913Undivided profits
Memoranda
$534Noncurrent loans and leases
$5,414Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,138Earning assets
$0Long-term assets (5+ years)
$460Average Assets, year-to-date
$45,363Average Assets, quarterly
$18,778Volatile liabilities
$56,005Insider loans
$56,012FHLB advances
$7,678Loans and leases held for sale
$193Unused loan commitments
$2,650Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,414Total unused commitments
$0Restructured Loans and leases
$481Derivatives

Income and Expense (December 31, 2010)

Dollar figures in thousands
$2,545Total interest income
$791Total interest expense
$1,754Net interest income
$342Provision for loan and lease losses
$329Total noninterest income
$0Fiduciary activities
$90Service charges on deposit accounts
$0Trading account gains & fees
$239Additional noninterest income
$1,582Total noninterest expense
$824Salaries and employee benefits
$126Premises and equipment expense
$632Additional noninterest expense
$159Pre-tax net operating income
$0Securities gains (losses)
-$15Applicable income taxes
$174Income before extraordinary items
$0Extraordinary gains - net
$174Net income attributable to bank
$0Net charge-offs
$174Cash dividends
$42Sale, conversion, retirement of capital stock, net
$400Net operating income

Performance and Condition Ratios (December 31, 2010)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.39%Yield on earning assets
1.67%Cost of funding earning assets
3.71%Net interest margin
0.70%Noninterest income to earning assets
3.35%Noninterest expense to earning assets
0.31%Net operating income to assets
0.31%Return on assets (ROA)
0.28%Pretax return on assets
3.45%Return on equity (ROE)
-4.48%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
814.29%Credit loss provision to net charge-offs
11.93%Efficiency ratio
75,948Assets per employee
3.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
229.89%Loss allowance to loans
2.00%Loss allowance to noncurrent loans
52.20%Noncurrent assets plus other real estate owned to assets
3.84%Noncurrent loans to loans
3.83%Net loans and leases to deposits
61.94%Net loans and leases to core deposits
69.93%Equity capital to assets
8.54%Core capital (leverage) ratio
6.53%Tier 1 risk-based capital ratio
9.60%Total risk-based capital ratio
Memoranda
$11Average assets
$56,005Average earning assets
$5,044Average equity
$47,233Average loans

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