First State Bank of Forrest in city_name, state_name - Detailed Financial Reports, Location

First State Bank of Forrest in Forrest, Illinois (IL)
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First State Bank of Forrest routing number info

First State Bank of Forrest - Overview

General
FDIC Certificate #: 11669
Status: Active
Federal Reserve ID: 980438
Bank Holding Company (Regulatory Top Holder): Forrest Bancshares, Inc. (RSSDID: 1207981, Location: Forrest, IL)
Date Established: January 01, 1914
WWW: http://www.firststatebankofforrest.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
FDIC's unique #: 7456
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 01, 2011
Last Structure Change Process Date: January 04, 2011
Last Data Update: January 04, 2011
Data Source Date: April 05, 2012
Location
Address: 133 East Krack Street, Forrest, IL 61741
County: Livingston
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): Pontiac, IL (#38700)
CBSA Micro Statistical Area: Yes
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $124.4 mil
Equity capital: $12.4 mil
Deposits held in domestic offices: $107.8 mil
Return on assets (ROA): 2.06% ($2.6 mil)
Quarterly return on assets: 1.97% ($2.4 mil)
Return on Equity (ROE): 20.35% ($2.4 mil)
Quarterly return on equity: 19.70% ($2.4 mil)
Net income: $2.5 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 2.09% ($2,599.6 mil)
Quarterly Pretax return on assets: 1.97% ($2,450.3 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, 2011)

Dollar figures in thousands
36Total employees (full-time equivalent)
$124,381Total assets
$13,863Cash and due from depository institutions
$11,130Interest-bearing balances
$7,284Securities
$0Federal funds sold & reverse repurchase agreements
$99,651Net loans & leases
$1,623Loan loss allowance
$0Trading account assets
$1,303Bank premises and fixed assets
$109Other real estate owned
$0Goodwill and other intangibles
$124,381Life insurance assets
$2,171All other assets
$111,961Total liabilities and capital
$107,778Total liabilities
$95,238Total deposits
$107,778Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$4,000Trading liabilities
$0Other borrowed funds
$183Subordinated debt
$12,420All other liabilities
$12,420Total equity capital
$12,420Total bank equity capital
$0Perpetual preferred stock
$150Common stock
$2,475Surplus
$9,795Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,627Income earned, not collected on loans
$0Earning assets
$963Long-term assets (5+ years)
$118,065Average Assets, year-to-date
$24,783Average Assets, quarterly
$121,332Volatile liabilities
$123,856Insider loans
$78,569FHLB advances
$124,902Loans and leases held for sale
$254Unused loan commitments
$254Tier 1 (core) risk-based capital
$12,420Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,611Restructured Loans and leases
$2,450Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,953Total interest income
$908Total interest expense
$5,045Net interest income
$82Provision for loan and lease losses
$398Total noninterest income
$0Fiduciary activities
$246Service charges on deposit accounts
$0Trading account gains & fees
$152Additional noninterest income
$2,826Total noninterest expense
$1,649Salaries and employee benefits
$417Premises and equipment expense
$760Additional noninterest expense
$2,535Pre-tax net operating income
$0Securities gains (losses)
$31Applicable income taxes
$2,504Income before extraordinary items
$0Extraordinary gains - net
$2,504Net income attributable to bank
$0Net charge-offs
$2,504Cash dividends
$81Sale, conversion, retirement of capital stock, net
$2,310Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.14%Yield on earning assets
0.78%Cost of funding earning assets
4.36%Net interest margin
0.34%Noninterest income to earning assets
2.44%Noninterest expense to earning assets
2.06%Net operating income to assets
2.06%Return on assets (ROA)
2.09%Pretax return on assets
20.35%Return on equity (ROE)
1.58%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
101.23%Credit loss provision to net charge-offs
32.31%Efficiency ratio
51,920Assets per employee
3.46%Cash dividends to net income (YTD only)
Condition Ratios (%)
92.25%Loss allowance to loans
1.60%Loss allowance to noncurrent loans
61.78%Noncurrent assets plus other real estate owned to assets
2.20%Noncurrent loans to loans
2.59%Net loans and leases to deposits
92.46%Net loans and leases to core deposits
93.58%Equity capital to assets
9.99%Core capital (leverage) ratio
9.94%Tier 1 risk-based capital ratio
15.81%Total risk-based capital ratio
Memoranda
$17Average assets
$121,332Average earning assets
$12,307Average equity
$115,821Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$648Managed Assets
1Number of Accounts
$247Personal trust and agency accounts
$247Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
4Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$401Other retirement accounts
$401Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

5 Illinois Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7456	First State Bank Of Forrest	133 East Krack Street, Forrest, IL 61741	January 01, 1914	Full Service Brick and Mortar
1	225454	Fairbury Branch	603 West Oak Street, Fairbury, IL 61739	August 18, 1997	Full Service Brick and Mortar
2	267529	115 N Chestnut St Branch	115 North Chestnut Street, Onarga, IL 60955	January 01, 1917	Full Service Brick and Mortar
3	10429	Erie Branch	915 8th Avenue, Erie, IL 61250	Febuary 01, 1945	Full Service Brick and Mortar
4	14459	Peoria Heights Branch	4717 North Prospect Road, Peoria Heights, IL 61614	January 17, 1973	Full Service Brick and Mortar

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

First State Bank of Forrest - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

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

First State Bank of Forrest - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

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