Lexington Bank in Lexington, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 23, 1993

Lexington Bank in Lexington, Illinois (IL)
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Lexington Bank - Overview

General
FDIC Certificate #: 11718
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Commerce Bank (#901)
Federal Reserve ID: 360133
Date Established: January 01, 1910
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 7492
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: January 23, 1993
Last Structure Change Process Date: Febuary 23, 1993
Last Data Update: Febuary 23, 1993
Data Source Date: April 05, 2012
Location
Address: Main Street, Lexington, IL 61753
County: Mclean
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
Metropolitan Statistical Area (MSA): Bloomington-Normal, IL (#1040)
Core Based Statistical Area (CBSA): Bloomington-Normal, IL (#14060)
CBSA Metro Statistical Area: Bloomington-Normal, IL (#14060)
Financial Summary
Total assets: $100.4 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$42Total assets
$100,441Cash and due from depository institutions
$4,693Interest-bearing balances
$200Securities
$20,786Federal funds sold & reverse repurchase agreements
$14,480Net loans & leases
$57,078Loan loss allowance
$611Trading account assets
$0Bank premises and fixed assets
$2,379Other real estate owned
$0Goodwill and other intangibles
$1,025Life insurance assets
$0All other assets
$0Total liabilities and capital
$100,441Total liabilities
$91,470Total deposits
$89,026Interest-bearing deposits
$76,909Deposits held in domestic offices
89026.00%% insured (estimated)
$77Federal funds purchased & repurchase agreements
$1,436Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,008Total equity capital
$1,008Total bank equity capital
$8,971Perpetual preferred stock
$0Common stock
$324Surplus
$6,200Undivided profits
Memoranda
$2,447Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$83Income earned, not collected on loans
$684Earning assets
$92,544Long-term assets (5+ years)
$8,980Average Assets, year-to-date
$96,633Average Assets, quarterly
$101,662Volatile liabilities
$20,682Insider loans
$591FHLB advances
$0Loans and leases held for sale
$5,284Unused loan commitments
$4,497Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$8,971Total risk weighted assets
$58,373Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$7,091Total interest expense
$3,708Net interest income
$3,383Provision for loan and lease losses
$91Total noninterest income
$1,670Fiduciary activities
$0Service charges on deposit accounts
$188Trading account gains & fees
$0Additional noninterest income
$1,482Total noninterest expense
$3,553Salaries and employee benefits
$2,242Premises and equipment expense
$415Additional noninterest expense
$896Pre-tax net operating income
$1,409Securities gains (losses)
$3Applicable income taxes
$477Income before extraordinary items
$935Extraordinary gains - net
$0Net income attributable to bank
$935Net charge-offs
$53Cash dividends
$0Sale, 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
7.87%Cost of funding earning assets
4.12%Net interest margin
3.76%Noninterest income to earning assets
1.85%Noninterest expense to earning assets
3.94%Net operating income to assets
0.97%Return on assets (ROA)
0.97%Pretax return on assets
1.46%Return on equity (ROE)
10.77%Retained earnings to average equity (YTD only)
10.77%Net charge-offs to loans
0.09%Credit loss provision to net charge-offs
171.70%Efficiency ratio
70,315Assets per employee
2.39%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.06%Loss allowance to noncurrent loans
736.14%Noncurrent assets plus other real estate owned to assets
0.08%Noncurrent loans to loans
0.14%Net loans and leases to deposits
64.11%Net loans and leases to core deposits
81.80%Equity capital to assets
8.93%Core capital (leverage) ratio
9.29%Tier 1 risk-based capital ratio
15.37%Total risk-based capital ratio
Memoranda
$16Average assets
$96,633Average earning assets
$8,681Average equity
$90,066Average loans

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