Illini Bank-East in Coffeen, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 04, 1993

Illini Bank-East in Coffeen, Illinois (IL)
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Illini Bank-East - Overview

General
FDIC Certificate #: 25265
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Illini Bank (#19980)
Federal Reserve ID: 215149
Date Established: July 12, 1984
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 17469
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: July 12, 1984
Last Structure Change Effective Date: November 04, 1993
Last Structure Change Process Date: November 22, 1993
Last Data Update: November 22, 1993
Data Source Date: April 05, 2012
Location
Address: 200 West Main Street, Coffeen, IL 62017
County: Montgomery
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Springfield Il
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Financial Summary
Total assets: $23.4 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$12Total assets
$23,785Cash and due from depository institutions
$749Interest-bearing balances
$0Securities
$6,854Federal funds sold & reverse repurchase agreements
$1,590Net loans & leases
$14,057Loan loss allowance
$185Trading account assets
$0Bank premises and fixed assets
$249Other real estate owned
$50Goodwill and other intangibles
$236Life insurance assets
$0All other assets
$0Total liabilities and capital
$23,785Total liabilities
$22,151Total deposits
$21,954Interest-bearing deposits
$19,615Deposits held in domestic offices
21954.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$197Total equity capital
$197Total bank equity capital
$1,634Perpetual preferred stock
$0Common stock
$540Surplus
$560Undivided profits
Memoranda
$534Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$453Income earned, not collected on loans
$120Earning assets
$22,501Long-term assets (5+ years)
$1,565Average Assets, year-to-date
$23,429Average Assets, quarterly
$23,552Volatile liabilities
$3,420Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$859Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,634Total risk weighted assets
$14,579Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$1,946Total interest expense
$979Net interest income
$967Provision for loan and lease losses
$151Total noninterest income
$135Fiduciary activities
$0Service charges on deposit accounts
$89Trading account gains & fees
$0Additional noninterest income
$46Total noninterest expense
$705Salaries and employee benefits
$259Premises and equipment expense
$102Additional noninterest expense
$344Pre-tax net operating income
$246Securities gains (losses)
-$20Applicable income taxes
$88Income before extraordinary items
$138Extraordinary gains - net
$0Net income attributable to bank
$138Net charge-offs
$153Cash dividends
$215Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.81%Cost of funding earning assets
4.43%Net interest margin
4.38%Noninterest income to earning assets
0.61%Noninterest expense to earning assets
3.19%Net operating income to assets
0.64%Return on assets (ROA)
0.59%Pretax return on assets
0.96%Return on equity (ROE)
8.21%Retained earnings to average equity (YTD only)
-4.58%Net charge-offs to loans
1.06%Credit loss provision to net charge-offs
98.69%Efficiency ratio
63,975Assets per employee
1.98%Cash dividends to net income (YTD only)
Condition Ratios (%)
155.80%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
40.84%Noncurrent assets plus other real estate owned to assets
2.11%Noncurrent loans to loans
3.18%Net loans and leases to deposits
64.03%Net loans and leases to core deposits
75.84%Equity capital to assets
6.87%Core capital (leverage) ratio
6.91%Tier 1 risk-based capital ratio
11.21%Total risk-based capital ratio
Memoranda
$12Average assets
$23,429Average earning assets
$1,681Average equity
$22,090Average loans

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