Grand Rivers Community Bank in Grand Chain, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Grand Rivers Community Bank in Grand Chain, Illinois (IL)
  • Show street view No street view available for this location
Grand Rivers Community Bank routing number info

Grand Rivers Community Bank - Overview

  • General
  • FDIC Certificate #: 10816
    Status: Active
    Federal Reserve ID: 226949
    Date Established: January 01, 1902
    WWW: http://www.grandriverscommunitybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 6919
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: August 09, 2010
    Last Structure Change Process Date: August 16, 2010
    Last Data Update: August 16, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 260 S Main St, Grand Chain, IL 62941
    County: Pulaski
    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
  • Financial Summary
  • Total assets: $17.7 mil
    Equity capital: $1.5 mil
    Deposits held in domestic offices: $16.2 mil
    Return on assets (ROA): -0.04% (-$0.0 mil)
    Quarterly return on assets: 0.68% ($0.1 mil)
    Return on Equity (ROE): -0.52% (-$0.0 mil)
    Quarterly return on equity: 8.26% ($0.1 mil)
    Net income: -$0.0 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -0.29% (-$51.4 mil)
    Quarterly Pretax return on assets: 0.70% ($124.0 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
  • 8Total employees (full-time equivalent)
  • $17,714Total assets
  • $519Cash and due from depository institutions
  • $0Interest-bearing balances
  • $687Securities
  • $1,764Federal funds sold & reverse repurchase agreements
  • $13,659Net loans & leases
  • $150Loan loss allowance
  • $0Trading account assets
  • $505Bank premises and fixed assets
  • $131Other real estate owned
  • $0Goodwill and other intangibles
  • $17,714Life insurance assets
  • $449All other assets
  • $16,244Total liabilities and capital
  • $16,206Total liabilities
  • $13,952Total deposits
  • $16,206Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $38Subordinated debt
  • $1,470All other liabilities
  • $1,470Total equity capital
  • $1,470Total bank equity capital
  • $0Perpetual preferred stock
  • $175Common stock
  • $725Surplus
  • $570Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $11Income earned, not collected on loans
  • $0Earning assets
  • $107Long-term assets (5+ years)
  • $16,110Average Assets, year-to-date
  • $1,867Average Assets, quarterly
  • $16,988Volatile liabilities
  • $17,685Insider loans
  • $12,704FHLB advances
  • $17,574Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $1,291Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $58Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,008Total interest income
  • $196Total interest expense
  • $812Net interest income
  • $106Provision for loan and lease losses
  • $104Total noninterest income
  • $0Fiduciary activities
  • $59Service charges on deposit accounts
  • $0Trading account gains & fees
  • $45Additional noninterest income
  • $859Total noninterest expense
  • $416Salaries and employee benefits
  • $66Premises and equipment expense
  • $377Additional noninterest expense
  • -$49Pre-tax net operating income
  • $0Securities gains (losses)
  • -$42Applicable income taxes
  • -$7Income before extraordinary items
  • $0Extraordinary gains - net
  • -$7Net income attributable to bank
  • $0Net charge-offs
  • -$7Cash dividends
  • $36Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.47%Yield on earning assets
  • 1.26%Cost of funding earning assets
  • 5.21%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 5.51%Noninterest expense to earning assets
  • -0.04%Net operating income to assets
  • -0.04%Return on assets (ROA)
  • -0.29%Pretax return on assets
  • -0.52%Return on equity (ROE)
  • -0.52%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 294.44%Credit loss provision to net charge-offs
  • 1.58%Efficiency ratio
  • 93,777Assets per employee
  • 2.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.09%Loss allowance to noncurrent loans
  • 1363.64%Noncurrent assets plus other real estate owned to assets
  • 0.80%Noncurrent loans to loans
  • 0.08%Net loans and leases to deposits
  • 84.28%Net loans and leases to core deposits
  • 86.03%Equity capital to assets
  • 8.30%Core capital (leverage) ratio
  • 7.35%Tier 1 risk-based capital ratio
  • 10.16%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $16,988Average earning assets
  • $1,348Average equity
  • $15,580Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    06919Grand Rivers Community Bank260 S Main St, Grand Chain, IL 62941January 01, 1902Full Service Brick and Mortar
    1362316Karnak Branch406 Washington Street, Karnak, IL 62956October 29, 2001Full Service Brick and Mortar

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Grand Rivers Community Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents