FDIC Certificate #: 12408 Status: Active Federal Reserve ID: 413730 Bank Holding Company (Regulatory Top Holder): Moultrie Bancorp, Inc. (RSSDID: 1205820, Location: Lovington, IL) Date Established: November 01, 1885 WWW:http://www.hardwarestatebank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 7894 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: December 19, 2011 Last Structure Change Process Date: December 22, 2011 Last Data Update: December 22, 2011 Data Source Date: April 05, 2012
Location
Address: 102 West State Street, Lovington, IL 61937 County: Moultrie 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
History of Changes
Change in Trust Powers
Financial Summary
Total assets: $23.7 mil Equity capital: $2.0 mil Deposits held in domestic offices: $21.7 mil Return on assets (ROA): 0.19% ($0.0 mil) Quarterly return on assets: 0.13% ($0.0 mil) Return on Equity (ROE): 2.33% ($0.0 mil) Quarterly return on equity: 1.77% ($0.0 mil) Net income: $0.0 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.19% ($45.1 mil) Quarterly Pretax return on assets: 0.13% ($30.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
5Total employees (full-time equivalent)
$23,737Total assets
$9,949Cash and due from depository institutions
$9,512Interest-bearing balances
$1,402Securities
$1,151Federal funds sold & reverse repurchase agreements
$10,049Net loans & leases
$165Loan loss allowance
$0Trading account assets
$245Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$23,737Life insurance assets
$941All other assets
$21,706Total liabilities and capital
$21,662Total liabilities
$19,319Total deposits
$21,662Interest-bearing deposits
$87Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$44Subordinated debt
$2,031All other liabilities
$2,031Total equity capital
$2,031Total bank equity capital
$0Perpetual preferred stock
$150Common stock
$850Surplus
$1,031Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$165Long-term assets (5+ years)
$22,114Average Assets, year-to-date
$2,716Average Assets, quarterly
$25,098Volatile liabilities
$26,717Insider loans
$11,673FHLB advances
$28,923Loans and leases held for sale
$619Unused loan commitments
$619Tier 1 (core) risk-based capital
$2,025Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,388Restructured Loans and leases
$492Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$667Total interest income
$109Total interest expense
$558Net interest income
$25Provision for loan and lease losses
$72Total noninterest income
$0Fiduciary activities
$32Service charges on deposit accounts
$0Trading account gains & fees
$40Additional noninterest income
$568Total noninterest expense
$271Salaries and employee benefits
$94Premises and equipment expense
$203Additional noninterest expense
$37Pre-tax net operating income
$10Securities gains (losses)
$0Applicable income taxes
$47Income before extraordinary items
$0Extraordinary gains - net
$47Net income attributable to bank
$0Net charge-offs
$47Cash dividends
$0Sale, conversion, retirement of capital stock, net
$24Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.92%Yield on earning assets
0.48%Cost of funding earning assets
2.44%Net interest margin
0.31%Noninterest income to earning assets
2.48%Noninterest expense to earning assets
0.15%Net operating income to assets
0.19%Return on assets (ROA)
0.19%Pretax return on assets
2.33%Return on equity (ROE)
1.14%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
90,159Assets per employee
4.75%Cash dividends to net income (YTD only)
Condition Ratios (%)
51.06%Loss allowance to loans
1.62%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
46.39%Net loans and leases to core deposits
48.41%Equity capital to assets
8.56%Core capital (leverage) ratio
7.00%Tier 1 risk-based capital ratio
17.35%Total risk-based capital ratio
Memoranda
$19Average assets
$25,098Average earning assets
$2,014Average equity
$22,863Average loans
Total Fiduciary and Related Assets (December 31, 2009)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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