FDIC Certificate #: 5748 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First State Bank (#16332) Federal Reserve ID: 606130 Date Established: January 01, 1919 WWW:http://www.firststateatwood.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 15615 FDIC's unique #: 3920 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 21, 2004 Last Structure Change Process Date: Febuary 17, 2004 Last Data Update: Febuary 17, 2004 Data Source Date: April 05, 2012
Location
Address: 131 North Main Street, Atwood, IL 61913 County: Piatt Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Champaign Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Core Based Statistical Area (CBSA): Champaign-Urbana, IL (#16580) CBSA Metro Statistical Area: Champaign-Urbana, IL (#16580)
Financial Summary
Total assets: $31.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
15Total employees (full-time equivalent)
$31,581Total assets
$1,714Cash and due from depository institutions
$0Interest-bearing balances
$5,136Securities
$952Federal funds sold & reverse repurchase agreements
$21,577Net loans & leases
$150Loan loss allowance
$0Trading account assets
$702Bank premises and fixed assets
$90Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,410All other assets
$31,581Total liabilities and capital
$29,087Total liabilities
$26,630Total deposits
$21,985Interest-bearing deposits
$26,630Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,300Other borrowed funds
$0Subordinated debt
$157All other liabilities
$2,494Total equity capital
$2,494Total bank equity capital
$2,494Perpetual preferred stock
$0Common stock
$120Surplus
$1,038Undivided profits
Memoranda
$1,336Noncurrent loans and leases
$2,088Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$228Earning assets
$0Long-term assets (5+ years)
$262Average Assets, year-to-date
$27,665Average Assets, quarterly
$3,062Volatile liabilities
$33,783Insider loans
$32,132FHLB advances
$6,214Loans and leases held for sale
$955Unused loan commitments
$2,300Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,088Total unused commitments
$0Restructured Loans and leases
$150Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$1,678Total interest income
$630Total interest expense
$1,048Net interest income
$83Provision for loan and lease losses
$246Total noninterest income
$0Fiduciary activities
$104Service charges on deposit accounts
$0Trading account gains & fees
$142Additional noninterest income
$1,292Total noninterest expense
$465Salaries and employee benefits
$156Premises and equipment expense
$671Additional noninterest expense
-$81Pre-tax net operating income
$28Securities gains (losses)
$0Applicable income taxes
-$53Income before extraordinary items
$0Extraordinary gains - net
-$53Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$82Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.65%Yield on earning assets
2.12%Cost of funding earning assets
3.53%Net interest margin
0.83%Noninterest income to earning assets
4.35%Noninterest expense to earning assets
-0.24%Net operating income to assets
-0.16%Return on assets (ROA)
-0.16%Pretax return on assets
-2.12%Return on equity (ROE)
-2.12%Retained earnings to average equity (YTD only)
0.37%Net charge-offs to loans
101.22%Credit loss provision to net charge-offs
0.02%Efficiency ratio
99,845Assets per employee
2.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.69%Loss allowance to noncurrent loans
65.79%Noncurrent assets plus other real estate owned to assets
1.01%Noncurrent loans to loans
1.05%Net loans and leases to deposits
81.03%Net loans and leases to core deposits
99.13%Equity capital to assets
7.90%Core capital (leverage) ratio
7.55%Tier 1 risk-based capital ratio
11.43%Total risk-based capital ratio
Memoranda
$12Average assets
$33,783Average earning assets
$2,498Average equity
$29,718Average loans
Total Fiduciary and Related Assets (December 31, 2003)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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