First State Bank of Biggsville in Biggsville, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 13, 2009

First State Bank of Biggsville in Biggsville, Illinois (IL)
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First State Bank of Biggsville - Overview

General
FDIC Certificate #: 12095
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Casey State Bank (#3614)
Federal Reserve ID: 385631
Date Established: January 01, 1927
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 7685
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: November 13, 2009
Last Structure Change Process Date: November 23, 2009
Last Data Update: November 23, 2009
Data Source Date: April 05, 2012
Location
Address: 203 E Main Street, Biggsville, IL 61418
County: Henderson
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Princeton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Burlington, IA-IL (#15460)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $20.3 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, 2008)

Dollar figures in thousands
7Total employees (full-time equivalent)
$18,017Total assets
$451Cash and due from depository institutions
$0Interest-bearing balances
$10,049Securities
$0Federal funds sold & reverse repurchase agreements
$6,938Net loans & leases
$205Loan loss allowance
$0Trading account assets
$70Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$509All other assets
$18,017Total liabilities and capital
$15,015Total liabilities
$14,550Total deposits
$10,865Interest-bearing deposits
$14,550Deposits held in domestic offices
0.00%% insured (estimated)
$429Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$36All other liabilities
$3,002Total equity capital
$3,002Total bank equity capital
$3,002Perpetual preferred stock
$0Common stock
$200Surplus
$600Undivided profits
Memoranda
$2,202Noncurrent loans and leases
$639Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$604Earning assets
$0Long-term assets (5+ years)
$213Average Assets, year-to-date
$16,987Average Assets, quarterly
$8,488Volatile liabilities
$17,454Insider loans
$17,841FHLB advances
$1,942Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$639Total unused commitments
$0Restructured Loans and leases
$143Derivatives

Income and Expense (December 31, 2008)

Dollar figures in thousands
$946Total interest income
$355Total interest expense
$591Net interest income
$0Provision for loan and lease losses
$65Total noninterest income
$0Fiduciary activities
$31Service charges on deposit accounts
$0Trading account gains & fees
$34Additional noninterest income
$432Total noninterest expense
$232Salaries and employee benefits
$29Premises and equipment expense
$171Additional noninterest expense
$224Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$224Income before extraordinary items
$0Extraordinary gains - net
$224Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$2Sale, conversion, retirement of capital stock, net
$206Net operating income

Performance and Condition Ratios (December 31, 2008)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.74%Yield on earning assets
2.15%Cost of funding earning assets
3.58%Net interest margin
0.39%Noninterest income to earning assets
2.62%Noninterest expense to earning assets
1.28%Net operating income to assets
1.28%Return on assets (ROA)
1.28%Pretax return on assets
8.05%Return on equity (ROE)
0.65%Retained earnings to average equity (YTD only)
-0.03%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
65,854Assets per employee
2.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
91.96%Loss allowance to loans
2.87%Loss allowance to noncurrent loans
33.94%Noncurrent assets plus other real estate owned to assets
3.35%Noncurrent loans to loans
8.46%Net loans and leases to deposits
47.68%Net loans and leases to core deposits
53.22%Equity capital to assets
16.66%Core capital (leverage) ratio
14.82%Tier 1 risk-based capital ratio
23.02%Total risk-based capital ratio
Memoranda
$24Average assets
$17,454Average earning assets
$2,781Average equity
$16,494Average loans

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