FDIC Certificate #: 35294 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Bank (#12229) Federal Reserve ID: 2804903 Date Established: October 22, 1999 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 77684 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: October 22, 1999 Last Structure Change Effective Date: April 29, 2006 Last Structure Change Process Date: August 15, 2006 Last Data Update: August 15, 2006 Data Source Date: April 05, 2012
Location
Address: 1 Professional Plaza, Pittsfield, IL 62363 County: Pike 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: $20.9 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2005)
Dollar figures in thousands
11Total employees (full-time equivalent)
$21,167Total assets
$1,909Cash and due from depository institutions
$997Interest-bearing balances
$3,280Securities
$383Federal funds sold & reverse repurchase agreements
$14,402Net loans & leases
$173Loan loss allowance
$0Trading account assets
$807Bank premises and fixed assets
$65Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$321All other assets
$21,167Total liabilities and capital
$18,580Total liabilities
$18,427Total deposits
$17,660Interest-bearing deposits
$18,427Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$153All other liabilities
$2,587Total equity capital
$2,587Total bank equity capital
$2,587Perpetual preferred stock
$0Common stock
$1,250Surplus
$1,750Undivided profits
Memoranda
$-413Noncurrent loans and leases
$896Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$200Earning assets
$0Long-term assets (5+ years)
$275Average Assets, year-to-date
$19,062Average Assets, quarterly
$2,439Volatile liabilities
$23,360Insider loans
$21,283FHLB advances
$2,022Loans and leases held for sale
$189Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$896Total unused commitments
$0Restructured Loans and leases
$173Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$1,280Total interest income
$521Total interest expense
$759Net interest income
$45Provision for loan and lease losses
$53Total noninterest income
$0Fiduciary activities
$42Service charges on deposit accounts
$0Trading account gains & fees
$11Additional noninterest income
$679Total noninterest expense
$283Salaries and employee benefits
$122Premises and equipment expense
$274Additional noninterest expense
$88Pre-tax net operating income
$0Securities gains (losses)
$53Applicable income taxes
$35Income before extraordinary items
$0Extraordinary gains - net
$35Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$72Sale, conversion, retirement of capital stock, net
$600Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.10%Yield on earning assets
2.48%Cost of funding earning assets
3.61%Net interest margin
0.25%Noninterest income to earning assets
3.23%Noninterest expense to earning assets
0.15%Net operating income to assets
0.15%Return on assets (ROA)
0.38%Pretax return on assets
1.29%Return on equity (ROE)
-20.88%Retained earnings to average equity (YTD only)
0.47%Net charge-offs to loans
62.50%Credit loss provision to net charge-offs
1.85%Efficiency ratio
83,621Assets per employee
1.92%Cash dividends to net income (YTD only)
Condition Ratios (%)
1714.29%Loss allowance to loans
1.19%Loss allowance to noncurrent loans
86.50%Noncurrent assets plus other real estate owned to assets
1.25%Noncurrent loans to loans
1.37%Net loans and leases to deposits
78.16%Net loans and leases to core deposits
87.79%Equity capital to assets
12.22%Core capital (leverage) ratio
12.17%Tier 1 risk-based capital ratio
16.36%Total risk-based capital ratio
Memoranda
$17Average assets
$23,360Average earning assets
$2,706Average equity
$20,997Average loans
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