Farmers State Bank of McNabb in Mcnabb, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 20, 1998

Farmers State Bank of McNabb in Mcnabb, Illinois (IL)
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Farmers State Bank of McNabb - Overview

General
FDIC Certificate #: 5721
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First State Bank (#15752)
Federal Reserve ID: 415837
Date Established: May 01, 1903
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 3899
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 01, 1934
Last Structure Change Effective Date: November 20, 1998
Last Structure Change Process Date: January 27, 1999
Last Data Update: January 27, 1999
Data Source Date: April 05, 2012
Location
Address: 411 West Main Street, Mcnabb, IL 61335
County: Putnam
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Princeton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Ottawa-Streator, IL (#36860)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $29.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
9Total employees (full-time equivalent)
$29,769Total assets
$1,337Cash and due from depository institutions
$97Interest-bearing balances
$12,499Securities
$1,900Federal funds sold & reverse repurchase agreements
$13,511Net loans & leases
$282Loan loss allowance
$0Trading account assets
$91Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$431All other assets
$29,769Total liabilities and capital
$25,883Total liabilities
$25,119Total deposits
$22,380Interest-bearing deposits
$25,119Deposits held in domestic offices
0.00%% insured (estimated)
$572Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$192All other liabilities
$3,886Total equity capital
$3,886Total bank equity capital
$3,886Perpetual preferred stock
$0Common stock
$200Surplus
$1,300Undivided profits
Memoranda
$2,386Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$226Average Assets, year-to-date
$28,007Average Assets, quarterly
$7,889Volatile liabilities
$28,200Insider loans
$28,363FHLB advances
$3,648Loans and leases held for sale
$431Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,092Total unused commitments
$0Restructured Loans and leases
$16,805Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$1,963Total interest income
$1,023Total interest expense
$940Net interest income
$0Provision for loan and lease losses
$37Total noninterest income
$0Fiduciary activities
$20Service charges on deposit accounts
$0Trading account gains & fees
$17Additional noninterest income
$517Total noninterest expense
$334Salaries and employee benefits
$32Premises and equipment expense
$151Additional noninterest expense
$460Pre-tax net operating income
-$3Securities gains (losses)
$133Applicable income taxes
$324Income before extraordinary items
$0Extraordinary gains - net
$324Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$2Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.36%Yield on earning assets
3.83%Cost of funding earning assets
3.52%Net interest margin
0.14%Noninterest income to earning assets
1.94%Noninterest expense to earning assets
1.16%Net operating income to assets
1.15%Return on assets (ROA)
1.62%Pretax return on assets
8.77%Return on equity (ROE)
8.77%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
52,917Assets per employee
3.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.04%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
53.79%Net loans and leases to core deposits
61.29%Equity capital to assets
13.05%Core capital (leverage) ratio
13.91%Tier 1 risk-based capital ratio
22.96%Total risk-based capital ratio
Memoranda
$24Average assets
$28,200Average earning assets
$3,693Average equity
$26,687Average loans

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