Farmers and Merchants State Bank of Bushnell in city_name, state_name

Farmers and Merchants State Bank of Bushnell in Bushnell, Illinois (IL)
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Farmers and Merchants State Bank of Bushnell routing number info

Farmers and Merchants State Bank of Bushnell - Overview

General
FDIC Certificate #: 11324
Status: Active
Federal Reserve ID: 321330
Bank Holding Company (Regulatory Top Holder): Prairieland Bancorp Employee Stock Ownership Plan And Trust (RSSDID: 2397366, Location: Bushnell, IL)
Date Established: January 01, 1914
WWW: http://www.bushnellbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 13394
FDIC's unique #: 7232
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 484 East Main Street, Bushnell, IL 61422
County: Mcdonough
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
Core Based Statistical Area (CBSA): Macomb, IL (#31380)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $57.0 mil
Equity capital: $5.0 mil
Deposits held in domestic offices: $51.9 mil
Return on assets (ROA): 0.01% ($0.0 mil)
Quarterly return on assets: -0.68% (-$0.4 mil)
Return on Equity (ROE): 0.08% ($0.0 mil)
Quarterly return on equity: -7.56% (-$0.4 mil)
Net income: $0.0 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: -0.02% (-$11.4 mil)
Quarterly Pretax return on assets: -1.06% (-$604.2 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, 2011)

Dollar figures in thousands
22Total employees (full-time equivalent)
$56,996Total assets
$13,110Cash and due from depository institutions
$11,953Interest-bearing balances
$8,719Securities
$1,004Federal funds sold & reverse repurchase agreements
$30,835Net loans & leases
$344Loan loss allowance
$0Trading account assets
$1,003Bank premises and fixed assets
$422Other real estate owned
$0Goodwill and other intangibles
$56,996Life insurance assets
$1,903All other assets
$52,018Total liabilities and capital
$51,929Total liabilities
$39,394Total deposits
$51,929Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$36Trading liabilities
$0Other borrowed funds
$53Subordinated debt
$4,978All other liabilities
$4,978Total equity capital
$4,978Total bank equity capital
$0Perpetual preferred stock
$1,200Common stock
$1,200Surplus
$2,578Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$6Income earned, not collected on loans
$0Earning assets
$394Long-term assets (5+ years)
$52,511Average Assets, year-to-date
$14,749Average Assets, quarterly
$57,638Volatile liabilities
$56,082Insider loans
$35,187FHLB advances
$57,794Loans and leases held for sale
$572Unused loan commitments
$572Tier 1 (core) risk-based capital
$4,952Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,407Restructured Loans and leases
$2,045Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,084Total interest income
$377Total interest expense
$1,707Net interest income
$45Provision for loan and lease losses
$205Total noninterest income
$358Fiduciary activities
$191Service charges on deposit accounts
$0Trading account gains & fees
-$344Additional noninterest income
$2,009Total noninterest expense
$1,124Salaries and employee benefits
$228Premises and equipment expense
$657Additional noninterest expense
-$142Pre-tax net operating income
$132Securities gains (losses)
-$14Applicable income taxes
$4Income before extraordinary items
$0Extraordinary gains - net
$4Net income attributable to bank
$0Net charge-offs
$4Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$200Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
3.96%Yield on earning assets
0.72%Cost of funding earning assets
3.24%Net interest margin
0.39%Noninterest income to earning assets
3.82%Noninterest expense to earning assets
-0.14%Net operating income to assets
0.01%Return on assets (ROA)
-0.02%Pretax return on assets
0.08%Return on equity (ROE)
-3.89%Retained earnings to average equity (YTD only)
-0.00%Net charge-offs to loans
-4500.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
105,073Assets per employee
2.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
5000.00%Loss allowance to loans
1.10%Loss allowance to noncurrent loans
5733.33%Noncurrent assets plus other real estate owned to assets
0.75%Noncurrent loans to loans
0.02%Net loans and leases to deposits
59.38%Net loans and leases to core deposits
59.79%Equity capital to assets
8.73%Core capital (leverage) ratio
8.57%Tier 1 risk-based capital ratio
14.07%Total risk-based capital ratio
Memoranda
$15Average assets
$57,638Average earning assets
$5,038Average equity
$52,635Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$56,107Managed Assets
1Number of Accounts
$22,473Personal trust and agency accounts
$17,349Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$849Corporate trust and agency accounts
$0Investment management agency accounts
$2,375Other fiduciary accounts
$1,900Fiduciary accounts held in foreign offices
$0Non-managed Assets
254Number of Accounts
$0Personal trust and agency accounts
$849Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$33,634Other retirement accounts
$1,515Corporate trust and agency accounts
$3,302Other fiduciary accounts
$14,706Fiduciary accounts held in foreign offices

List of branches

2 Illinois Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	7232	Farmers And Merchants State Bank Of	484 East Main Street, Bushnell, IL 61422	January 01, 1914	Full Service Brick and Mortar
4	463205	Cole Street Branch	429 Cole Street, Bushnell, IL 61422	May 21, 2007	Full Service Brick and Mortar

Farmers and Merchants State Bank of Bushnell in Bushnell, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers and Merchants State Bank of Bushnell - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Farmers and Merchants State Bank of Bushnell in Bushnell, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers and Merchants State Bank of Bushnell - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Farmers and Merchants State Bank of Bushnell in Bushnell, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches