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

This bank is inactive as of July 15, 2002

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

  • General
  • FDIC Certificate #: 11675
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Neighbor Bank, National Association (#3747)
    Federal Reserve ID: 6842
    Date Established: June 12, 1912
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 13977
    FDIC's unique #: 7462
    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: July 15, 2002
    Last Structure Change Process Date: August 09, 2002
    Last Data Update: August 09, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 511 South Broadway, Newman, IL 61942
    County: Douglas
    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
  • 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, 2001)

  • Dollar figures in thousands
  • 7Total employees (full-time equivalent)
  • $23,324Total assets
  • $1,104Cash and due from depository institutions
  • $6Interest-bearing balances
  • $2,229Securities
  • $2,450Federal funds sold & reverse repurchase agreements
  • $15,990Net loans & leases
  • $146Loan loss allowance
  • $0Trading account assets
  • $873Bank premises and fixed assets
  • $0Other real estate owned
  • $54Goodwill and other intangibles
  • $0Life insurance assets
  • $624All other assets
  • $23,324Total liabilities and capital
  • $21,327Total liabilities
  • $20,794Total deposits
  • $17,286Interest-bearing deposits
  • $20,794Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $301Other borrowed funds
  • $0Subordinated debt
  • $232All other liabilities
  • $1,997Total equity capital
  • $1,997Total bank equity capital
  • $1,997Perpetual preferred stock
  • $0Common stock
  • $150Surplus
  • $1,464Undivided profits
  • Memoranda
  • $383Noncurrent loans and leases
  • $2,610Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $115Earning assets
  • $0Long-term assets (5+ years)
  • $285Average Assets, year-to-date
  • $20,675Average Assets, quarterly
  • $768Volatile liabilities
  • $23,264Insider loans
  • $23,222FHLB advances
  • $2,538Loans and leases held for sale
  • $671Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,610Total unused commitments
  • $0Restructured Loans and leases
  • $146Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $1,629Total interest income
  • $897Total interest expense
  • $732Net interest income
  • $133Provision for loan and lease losses
  • $158Total noninterest income
  • $0Fiduciary activities
  • $112Service charges on deposit accounts
  • $0Trading account gains & fees
  • $46Additional noninterest income
  • $629Total noninterest expense
  • $327Salaries and employee benefits
  • $98Premises and equipment expense
  • $204Additional noninterest expense
  • $128Pre-tax net operating income
  • $0Securities gains (losses)
  • $52Applicable income taxes
  • $76Income before extraordinary items
  • $0Extraordinary gains - net
  • $76Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $101Sale, conversion, retirement of capital stock, net
  • $30Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.96%Yield on earning assets
  • 4.38%Cost of funding earning assets
  • 3.58%Net interest margin
  • 0.77%Noninterest income to earning assets
  • 3.07%Noninterest expense to earning assets
  • 0.33%Net operating income to assets
  • 0.33%Return on assets (ROA)
  • 0.55%Pretax return on assets
  • 3.81%Return on equity (ROE)
  • 2.30%Retained earnings to average equity (YTD only)
  • 0.64%Net charge-offs to loans
  • 131.68%Credit loss provision to net charge-offs
  • 2.58%Efficiency ratio
  • 69,775Assets per employee
  • 3.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 39.47%Loss allowance to loans
  • 0.90%Loss allowance to noncurrent loans
  • 126.96%Noncurrent assets plus other real estate owned to assets
  • 0.49%Noncurrent loans to loans
  • 0.71%Net loans and leases to deposits
  • 76.90%Net loans and leases to core deposits
  • 87.59%Equity capital to assets
  • 8.56%Core capital (leverage) ratio
  • 8.39%Tier 1 risk-based capital ratio
  • 11.10%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $23,264Average earning assets
  • $1,997Average equity
  • $20,464Average loans

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