First Trust and Savings Bank of Taylorville in Taylorville, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 18, 1998

First Trust and Savings Bank of Taylorville in Taylorville, Illinois (IL)
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First Trust and Savings Bank of Taylorville - Overview

General
FDIC Certificate #: 11679
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Mercantile Bank of Illinois (#10025)
Federal Reserve ID: 463548
Date Established: April 02, 1930
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 7464
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: September 18, 1998
Last Structure Change Process Date: October 06, 1998
Last Data Update: October 06, 1998
Data Source Date: April 05, 2012
Location
Address: South Side Square, Taylorville, IL 62568
County: Christian
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Kansas City
FDIC Field Office: Springfield Il
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Taylorville, IL (#45380)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $142.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
55Total employees (full-time equivalent)
$145,639Total assets
$5,462Cash and due from depository institutions
$0Interest-bearing balances
$34,107Securities
$0Federal funds sold & reverse repurchase agreements
$100,213Net loans & leases
$957Loan loss allowance
$0Trading account assets
$1,121Bank premises and fixed assets
$176Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$4,560All other assets
$145,639Total liabilities and capital
$133,609Total liabilities
$124,863Total deposits
$109,882Interest-bearing deposits
$124,863Deposits held in domestic offices
0.00%% insured (estimated)
$5,564Federal funds purchased & repurchase agreements
$0Trading liabilities
$662Other borrowed funds
$0Subordinated debt
$2,520All other liabilities
$12,030Total equity capital
$12,030Total bank equity capital
$12,030Perpetual preferred stock
$0Common stock
$1,350Surplus
$3,650Undivided profits
Memoranda
$7,030Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$218Earning assets
$0Long-term assets (5+ years)
$1,846Average Assets, year-to-date
$134,320Average Assets, quarterly
$3,848Volatile liabilities
$140,928Insider loans
$144,393FHLB advances
$20,556Loans and leases held for sale
$343Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$10,350Total unused commitments
$0Restructured Loans and leases
$102,714Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$10,792Total interest income
$4,935Total interest expense
$5,857Net interest income
$156Provision for loan and lease losses
$1,347Total noninterest income
$494Fiduciary activities
$545Service charges on deposit accounts
$0Trading account gains & fees
$308Additional noninterest income
$3,696Total noninterest expense
$1,983Salaries and employee benefits
$317Premises and equipment expense
$1,396Additional noninterest expense
$3,352Pre-tax net operating income
$94Securities gains (losses)
$1,184Applicable income taxes
$2,262Income before extraordinary items
$0Extraordinary gains - net
$2,262Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$341Sale, conversion, retirement of capital stock, net
$2,550Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.30%Yield on earning assets
3.79%Cost of funding earning assets
4.50%Net interest margin
1.04%Noninterest income to earning assets
2.84%Noninterest expense to earning assets
1.56%Net operating income to assets
1.61%Return on assets (ROA)
2.45%Pretax return on assets
18.83%Return on equity (ROE)
-2.40%Retained earnings to average equity (YTD only)
0.36%Net charge-offs to loans
45.75%Credit loss provision to net charge-offs
10.29%Efficiency ratio
51,305Assets per employee
2.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
112.73%Loss allowance to loans
0.95%Loss allowance to noncurrent loans
438.99%Noncurrent assets plus other real estate owned to assets
0.27%Noncurrent loans to loans
0.22%Net loans and leases to deposits
80.26%Net loans and leases to core deposits
90.66%Equity capital to assets
8.26%Core capital (leverage) ratio
8.49%Tier 1 risk-based capital ratio
11.63%Total risk-based capital ratio
Memoranda
$13Average assets
$140,928Average earning assets
$12,014Average equity
$130,069Average loans

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