First Springfield Bank & Trust in Springfield, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 18, 1997

First Springfield Bank & Trust in Springfield, Illinois (IL)
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First Springfield Bank & Trust - Overview

General
FDIC Certificate #: 8497
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Prairie State Bank and Trust (#27362)
Federal Reserve ID: 945437
Date Established: January 01, 1890
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
FDIC's unique #: 5409
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: January 18, 1997
Last Structure Change Process Date: Febuary 13, 1997
Last Data Update: Febuary 13, 1997
Data Source Date: April 05, 2012
Location
Address: 1361 Toronto Road, Springfield, IL 62707
County: Sangamon
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): Springfield, IL (#7880)
Core Based Statistical Area (CBSA): Springfield, IL (#44100)
CBSA Metro Statistical Area: Springfield, IL (#44100)
Financial Summary
Total assets: $36.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$10Total assets
$36,467Cash and due from depository institutions
$2,239Interest-bearing balances
$0Securities
$7,750Federal funds sold & reverse repurchase agreements
$2,500Net loans & leases
$22,587Loan loss allowance
$202Trading account assets
$0Bank premises and fixed assets
$924Other real estate owned
$0Goodwill and other intangibles
$467Life insurance assets
$0All other assets
$0Total liabilities and capital
$36,467Total liabilities
$33,641Total deposits
$33,465Interest-bearing deposits
$27,753Deposits held in domestic offices
33465.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$176Total equity capital
$176Total bank equity capital
$2,826Perpetual preferred stock
$0Common stock
$120Surplus
$1,380Undivided profits
Memoranda
$1,326Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$139Income earned, not collected on loans
$310Earning assets
$32,837Long-term assets (5+ years)
$454Average Assets, year-to-date
$34,189Average Assets, quarterly
$36,161Volatile liabilities
$5,477Insider loans
$616FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,951Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,826Total risk weighted assets
$22,057Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$2,550Total interest expense
$1,293Net interest income
$1,257Provision for loan and lease losses
$2Total noninterest income
$152Fiduciary activities
$0Service charges on deposit accounts
$81Trading account gains & fees
$0Additional noninterest income
$71Total noninterest expense
$871Salaries and employee benefits
$403Premises and equipment expense
$156Additional noninterest expense
$312Pre-tax net operating income
$536Securities gains (losses)
$0Applicable income taxes
$184Income before extraordinary items
$352Extraordinary gains - net
$0Net income attributable to bank
$352Net charge-offs
$2Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.15%Cost of funding earning assets
4.13%Net interest margin
4.02%Noninterest income to earning assets
0.49%Noninterest expense to earning assets
2.78%Net operating income to assets
1.03%Return on assets (ROA)
1.03%Pretax return on assets
1.57%Return on equity (ROE)
13.27%Retained earnings to average equity (YTD only)
13.27%Net charge-offs to loans
0.01%Credit loss provision to net charge-offs
100.00%Efficiency ratio
61,817Assets per employee
3.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.89%Loss allowance to noncurrent loans
145.32%Noncurrent assets plus other real estate owned to assets
0.38%Noncurrent loans to loans
0.61%Net loans and leases to deposits
67.49%Net loans and leases to core deposits
80.70%Equity capital to assets
7.75%Core capital (leverage) ratio
8.06%Tier 1 risk-based capital ratio
12.81%Total risk-based capital ratio
Memoranda
$14Average assets
$34,189Average earning assets
$2,652Average equity
$31,288Average loans

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