First Security Bank in city_name, state_name - Detailed Financial Reports, Location

First Security Bank in Mackinaw, Illinois (IL)
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First Security Bank routing number info

First Security Bank - Overview

General
FDIC Certificate #: 3698
Status: Active
Federal Reserve ID: 416339
Bank Holding Company (Regulatory Top Holder): Mackinaw Valley Financial Services, Inc. (RSSDID: 1417539, Location: Mackinaw, IL)
Date Established: January 01, 1934
WWW: http://www.fsb1.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 14074
FDIC's unique #: 2368
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: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: Febuary 29, 2008
Last Structure Change Process Date: August 20, 2008
Last Data Update: August 20, 2008
Data Source Date: April 05, 2012
Location
Address: 101 East Fast Street, Mackinaw, IL 61755
County: Tazewell
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
Metropolitan Statistical Area (MSA): Peoria-Pekin, IL (#6120)
Combined Statistical Area (CSA): Peoria-Canton, IL (#426)
Core Based Statistical Area (CBSA): Peoria, IL (#37900)
CBSA Metro Statistical Area: Peoria, IL (#37900)
History of Changes
Office Purchased
Financial Summary
Total assets: $71.7 mil
Equity capital: $7.7 mil
Deposits held in domestic offices: $61.7 mil
Return on assets (ROA): 0.99% ($0.7 mil)
Quarterly return on assets: 1.07% ($0.8 mil)
Return on Equity (ROE): 10.03% ($0.8 mil)
Quarterly return on equity: 10.24% ($0.8 mil)
Net income: $0.7 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 0.99% ($710.1 mil)
Quarterly Pretax return on assets: 1.07% ($767.5 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
23Total employees (full-time equivalent)
$71,726Total assets
$6,186Cash and due from depository institutions
$4,740Interest-bearing balances
$5,706Securities
$567Federal funds sold & reverse repurchase agreements
$54,550Net loans & leases
$607Loan loss allowance
$0Trading account assets
$1,167Bank premises and fixed assets
$283Other real estate owned
$731Goodwill and other intangibles
$71,726Life insurance assets
$2,536All other assets
$64,013Total liabilities and capital
$61,656Total liabilities
$53,912Total deposits
$61,656Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,000Trading liabilities
$0Other borrowed funds
$357Subordinated debt
$7,713All other liabilities
$7,713Total equity capital
$7,713Total bank equity capital
$0Perpetual preferred stock
$95Common stock
$3,948Surplus
$3,670Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,654Income earned, not collected on loans
$0Earning assets
$986Long-term assets (5+ years)
$65,563Average Assets, year-to-date
$17,496Average Assets, quarterly
$74,235Volatile liabilities
$73,111Insider loans
$53,330FHLB advances
$72,623Loans and leases held for sale
$889Unused loan commitments
$889Tier 1 (core) risk-based capital
$6,938Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,443Restructured Loans and leases
$1,401Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,431Total interest income
$735Total interest expense
$2,696Net interest income
$180Provision for loan and lease losses
$367Total noninterest income
$0Fiduciary activities
$84Service charges on deposit accounts
$0Trading account gains & fees
$283Additional noninterest income
$2,163Total noninterest expense
$1,072Salaries and employee benefits
$254Premises and equipment expense
$837Additional noninterest expense
$720Pre-tax net operating income
$13Securities gains (losses)
$0Applicable income taxes
$733Income before extraordinary items
$0Extraordinary gains - net
$733Net income attributable to bank
$0Net charge-offs
$733Cash dividends
$324Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.26%Yield on earning assets
1.13%Cost of funding earning assets
4.13%Net interest margin
0.56%Noninterest income to earning assets
3.32%Noninterest expense to earning assets
0.97%Net operating income to assets
0.99%Return on assets (ROA)
0.99%Pretax return on assets
10.03%Return on equity (ROE)
10.03%Retained earnings to average equity (YTD only)
0.58%Net charge-offs to loans
55.56%Credit loss provision to net charge-offs
2.78%Efficiency ratio
69,997Assets per employee
3.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.10%Loss allowance to noncurrent loans
36.70%Noncurrent assets plus other real estate owned to assets
2.70%Noncurrent loans to loans
3.00%Net loans and leases to deposits
88.47%Net loans and leases to core deposits
103.63%Equity capital to assets
10.75%Core capital (leverage) ratio
9.55%Tier 1 risk-based capital ratio
13.01%Total risk-based capital ratio
Memoranda
$14Average assets
$74,235Average earning assets
$7,312Average equity
$65,221Average loans

List of branches

4 Illinois Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	2368	First Security Bank	101 East Fast Street, Mackinaw, IL 61755	January 01, 1934	Full Service Brick and Mortar
1	428149	Heritage Lake Branch	#2 Bradford Drive, Mackinaw, IL 61755	October 06, 1997	Full Service Brick and Mortar
2	429641	Deer Creek Branch	201 East First Street, Deer Creek, IL 61733	September 12, 2002	Full Service Brick and Mortar
3	17102	Danvers Branch	116 East Exchange, Danvers, IL 61732	August 05, 1983	Full Service Brick and Mortar

First Security Bank in Mackinaw, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Security Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Security Bank in Mackinaw, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

First Security Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Security Bank in Mackinaw, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches