FDIC Certificate #: 27685 Status: Active Federal Reserve ID: 776275 Date Established: January 01, 1904 WWW:http://www.florasavingsbank.com Trust Powers Granted: No Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 110 FDIC's unique #: 40519 Numeric code: 42 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: Febuary 20, 1957 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 128 West Second Street, Flora, IL 62839 County: Clay Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Mount Vernon Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $30.1 mil Equity capital: $2.9 mil Deposits held in domestic offices: $27.2 mil Return on assets (ROA): -0.71% (-$0.2 mil) Quarterly return on assets: -3.74% (-$1.1 mil) Return on Equity (ROE): -7.00% (-$0.2 mil) Quarterly return on equity: -37.31% (-$1.1 mil) Net income: -$0.2 mil Quarterly Net income: -$0.3 mil Pretax return on assets: -0.83% (-$249.7 mil) Quarterly Pretax return on assets: -4.11% (-$1,236.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$30,081Total assets
$4,619Cash and due from depository institutions
$4,361Interest-bearing balances
$2,783Securities
$0Federal funds sold & reverse repurchase agreements
$21,268Net loans & leases
$162Loan loss allowance
$0Trading account assets
$88Bank premises and fixed assets
$87Other real estate owned
$0Goodwill and other intangibles
$30,081Life insurance assets
$1,236All other assets
$27,220Total liabilities and capital
$27,173Total liabilities
$26,390Total deposits
$27,173Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$47Subordinated debt
$2,861All other liabilities
$2,861Total equity capital
$2,861Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$2,861Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$912Income earned, not collected on loans
$0Earning assets
$108Long-term assets (5+ years)
$28,412Average Assets, year-to-date
$2,773Average Assets, quarterly
$29,935Volatile liabilities
$29,911Insider loans
$18,160FHLB advances
$29,981Loans and leases held for sale
$804Unused loan commitments
$804Tier 1 (core) risk-based capital
$2,861Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,365Restructured Loans and leases
$358Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,412Total interest income
$569Total interest expense
$843Net interest income
$369Provision for loan and lease losses
$78Total noninterest income
$0Fiduciary activities
$38Service charges on deposit accounts
$0Trading account gains & fees
$40Additional noninterest income
$799Total noninterest expense
$373Salaries and employee benefits
$39Premises and equipment expense
$387Additional noninterest expense
-$247Pre-tax net operating income
$0Securities gains (losses)
-$33Applicable income taxes
-$214Income before extraordinary items
$0Extraordinary gains - net
-$214Net income attributable to bank
$0Net charge-offs
-$214Cash dividends
$416Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.99%Yield on earning assets
2.01%Cost of funding earning assets
2.98%Net interest margin
0.28%Noninterest income to earning assets
2.82%Noninterest expense to earning assets
-0.71%Net operating income to assets
-0.71%Return on assets (ROA)
-0.83%Pretax return on assets
-7.00%Return on equity (ROE)
-7.00%Retained earnings to average equity (YTD only)
1.95%Net charge-offs to loans
88.70%Credit loss provision to net charge-offs
0.29%Efficiency ratio
86,754Assets per employee
4.30%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.76%Loss allowance to noncurrent loans
17.76%Noncurrent assets plus other real estate owned to assets
3.32%Noncurrent loans to loans
4.26%Net loans and leases to deposits
78.27%Net loans and leases to core deposits
81.61%Equity capital to assets
9.51%Core capital (leverage) ratio
9.54%Tier 1 risk-based capital ratio
15.75%Total risk-based capital ratio
Memoranda
$17Average assets
$29,935Average earning assets
$3,058Average equity
$28,322Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
40519
Flora Savings Bank
128 West Second Street, Flora, IL 62839
January 01, 1904
Full Service Brick and Mortar
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