FDIC Certificate #: 11316 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First State Bank of Bloomington (#22034) Federal Reserve ID: 802231 Date Established: April 12, 1906 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 15611 FDIC's unique #: 7226 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: May 14, 2003 Last Structure Change Process Date: June 05, 2003 Last Data Update: June 05, 2003 Data Source Date: April 05, 2012
Location
Address: 117 East Main Street, Heyworth, IL 61745 County: Mclean 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 Metropolitan Statistical Area (MSA): Bloomington-Normal, IL (#1040) Core Based Statistical Area (CBSA): Bloomington-Normal, IL (#14060) CBSA Metro Statistical Area: Bloomington-Normal, IL (#14060)
Financial Summary
Total assets: $22.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
7Total employees (full-time equivalent)
$23,753Total assets
$857Cash and due from depository institutions
$0Interest-bearing balances
$12,487Securities
$25Federal funds sold & reverse repurchase agreements
$8,943Net loans & leases
$86Loan loss allowance
$0Trading account assets
$308Bank premises and fixed assets
$137Other real estate owned
$10Goodwill and other intangibles
$0Life insurance assets
$986All other assets
$23,753Total liabilities and capital
$21,664Total liabilities
$21,263Total deposits
$18,390Interest-bearing deposits
$21,263Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$300Other borrowed funds
$0Subordinated debt
$101All other liabilities
$2,089Total equity capital
$2,089Total bank equity capital
$2,089Perpetual preferred stock
$0Common stock
$91Surplus
$629Undivided profits
Memoranda
$1,369Noncurrent loans and leases
$2,000Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$111Earning assets
$0Long-term assets (5+ years)
$151Average Assets, year-to-date
$21,455Average Assets, quarterly
$7,243Volatile liabilities
$22,627Insider loans
$23,590FHLB advances
$4,099Loans and leases held for sale
$26Unused loan commitments
$300Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,000Total unused commitments
$0Restructured Loans and leases
$86Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$1,111Total interest income
$369Total interest expense
$742Net interest income
$7Provision for loan and lease losses
$162Total noninterest income
$0Fiduciary activities
$98Service charges on deposit accounts
$0Trading account gains & fees
$64Additional noninterest income
$521Total noninterest expense
$227Salaries and employee benefits
$73Premises and equipment expense
$221Additional noninterest expense
$376Pre-tax net operating income
$8Securities gains (losses)
$0Applicable income taxes
$384Income before extraordinary items
$0Extraordinary gains - net
$384Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$18Sale, conversion, retirement of capital stock, net
$158Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.47%Yield on earning assets
1.82%Cost of funding earning assets
3.66%Net interest margin
0.80%Noninterest income to earning assets
2.57%Noninterest expense to earning assets
1.66%Net operating income to assets
1.70%Return on assets (ROA)
1.70%Pretax return on assets
19.96%Return on equity (ROE)
11.75%Retained earnings to average equity (YTD only)
0.19%Net charge-offs to loans
38.89%Credit loss provision to net charge-offs
21.28%Efficiency ratio
57,633Assets per employee
3.39%Cash dividends to net income (YTD only)
Condition Ratios (%)
41.15%Loss allowance to loans
0.95%Loss allowance to noncurrent loans
77.48%Noncurrent assets plus other real estate owned to assets
1.04%Noncurrent loans to loans
1.23%Net loans and leases to deposits
42.06%Net loans and leases to core deposits
52.10%Equity capital to assets
8.79%Core capital (leverage) ratio
8.00%Tier 1 risk-based capital ratio
21.43%Total risk-based capital ratio
Memoranda
$22Average assets
$22,627Average earning assets
$1,924Average equity
$20,299Average loans
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