FDIC Certificate #: 29245 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Heartland Bank and Trust Company (#20369) Federal Reserve ID: 730174 Date Established: January 01, 1917 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 3164 FDIC's unique #: 42079 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: March 27, 1943 Last Structure Change Effective Date: June 16, 2008 Last Structure Change Process Date: June 18, 2008 Last Data Update: June 18, 2008 Data Source Date: April 05, 2012
Location
Address: 109 East Depot Street, Colchester, IL 62326 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
Financial Summary
Total assets: $353.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
68Total employees (full-time equivalent)
$347,129Total assets
$46,897Cash and due from depository institutions
$44,492Interest-bearing balances
$92,979Securities
$0Federal funds sold & reverse repurchase agreements
$183,607Net loans & leases
$1,088Loan loss allowance
$0Trading account assets
$4,139Bank premises and fixed assets
$851Other real estate owned
$14,942Goodwill and other intangibles
$0Life insurance assets
$3,714All other assets
$347,129Total liabilities and capital
$309,913Total liabilities
$300,284Total deposits
$295,021Interest-bearing deposits
$300,284Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$7,704Other borrowed funds
$0Subordinated debt
$1,925All other liabilities
$37,216Total equity capital
$37,216Total bank equity capital
$37,216Perpetual preferred stock
$0Common stock
$22Surplus
$24,350Undivided profits
Memoranda
$12,844Noncurrent loans and leases
$7,738Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$667Earning assets
$0Long-term assets (5+ years)
$1,587Average Assets, year-to-date
$321,078Average Assets, quarterly
$0Volatile liabilities
$347,581Insider loans
$346,282FHLB advances
$39,627Loans and leases held for sale
$307Unused loan commitments
$7,704Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,738Total unused commitments
$862Restructured Loans and leases
$1,105Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$20,352Total interest income
$11,223Total interest expense
$9,129Net interest income
$0Provision for loan and lease losses
$1,571Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,571Additional noninterest income
$6,685Total noninterest expense
$3,384Salaries and employee benefits
$1,184Premises and equipment expense
$2,117Additional noninterest expense
$4,015Pre-tax net operating income
$51Securities gains (losses)
$71Applicable income taxes
$3,995Income before extraordinary items
$0Extraordinary gains - net
$3,995Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$95Sale, conversion, retirement of capital stock, net
$1,500Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.29%Yield on earning assets
3.47%Cost of funding earning assets
2.82%Net interest margin
0.49%Noninterest income to earning assets
2.07%Noninterest expense to earning assets
1.13%Net operating income to assets
1.15%Return on assets (ROA)
1.17%Pretax return on assets
11.97%Return on equity (ROE)
7.48%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
42.26%Efficiency ratio
58,477Assets per employee
5.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
37.55%Loss allowance to loans
0.59%Loss allowance to noncurrent loans
163.12%Noncurrent assets plus other real estate owned to assets
0.44%Noncurrent loans to loans
0.36%Net loans and leases to deposits
61.14%Net loans and leases to core deposits
68.42%Equity capital to assets
10.72%Core capital (leverage) ratio
6.62%Tier 1 risk-based capital ratio
13.18%Total risk-based capital ratio
Memoranda
$14Average assets
$347,581Average earning assets
$33,366Average equity
$323,496Average loans
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