Community State Bank in Salem, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 1995

Community State Bank in Salem, Illinois (IL)
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Community State Bank - Overview

General
FDIC Certificate #: 17931
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Boatmen's Bank of South Central Illinois (#11738)
Federal Reserve ID: 427746
Date Established: January 09, 1959
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 11867
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 09, 1959
Last Structure Change Effective Date: June 01, 1995
Last Structure Change Process Date: June 27, 1995
Last Data Update: June 27, 1995
Data Source Date: April 05, 2012
Location
Address: 401 West Main Street, Salem, IL 62881
County: Marion
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Mount Vernon
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Centralia, IL (#16460)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $80.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$36Total assets
$79,207Cash and due from depository institutions
$4,518Interest-bearing balances
$385Securities
$18,676Federal funds sold & reverse repurchase agreements
$4,028Net loans & leases
$49,755Loan loss allowance
$670Trading account assets
$0Bank premises and fixed assets
$1,525Other real estate owned
$0Goodwill and other intangibles
$705Life insurance assets
$0All other assets
$0Total liabilities and capital
$79,207Total liabilities
$72,969Total deposits
$72,712Interest-bearing deposits
$61,572Deposits held in domestic offices
72712.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$257Total equity capital
$257Total bank equity capital
$6,238Perpetual preferred stock
$0Common stock
$375Surplus
$2,125Undivided profits
Memoranda
$3,738Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$56Income earned, not collected on loans
$343Earning assets
$72,844Long-term assets (5+ years)
$2,258Average Assets, year-to-date
$78,540Average Assets, quarterly
$79,112Volatile liabilities
$6,470Insider loans
$2,641FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,406Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,505Total risk weighted assets
$49,707Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$5,325Total interest expense
$2,191Net interest income
$3,134Provision for loan and lease losses
$70Total noninterest income
$524Fiduciary activities
$0Service charges on deposit accounts
$359Trading account gains & fees
$0Additional noninterest income
$165Total noninterest expense
$2,397Salaries and employee benefits
$1,086Premises and equipment expense
$388Additional noninterest expense
$923Pre-tax net operating income
$1,191Securities gains (losses)
$0Applicable income taxes
$318Income before extraordinary items
$873Extraordinary gains - net
$0Net income attributable to bank
$873Net charge-offs
$18Cash dividends
$131Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.28%Cost of funding earning assets
3.00%Net interest margin
4.28%Noninterest income to earning assets
0.72%Noninterest expense to earning assets
3.28%Net operating income to assets
1.11%Return on assets (ROA)
1.11%Pretax return on assets
1.52%Return on equity (ROE)
14.39%Retained earnings to average equity (YTD only)
12.23%Net charge-offs to loans
0.04%Credit loss provision to net charge-offs
388.89%Efficiency ratio
65,528Assets per employee
2.20%Cash dividends to net income (YTD only)
Condition Ratios (%)
15.01%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
1196.43%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.11%Net loans and leases to deposits
68.43%Net loans and leases to core deposits
75.11%Equity capital to assets
7.88%Core capital (leverage) ratio
8.27%Tier 1 risk-based capital ratio
13.09%Total risk-based capital ratio
Memoranda
$14Average assets
$78,540Average earning assets
$6,065Average equity
$73,147Average loans

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