FDIC Certificate #: 34856 Status: Active Federal Reserve ID: 2797153 Bank Holding Company (Regulatory Top Holder): Lincoln Bancorp, Inc. (RSSDID: 3054965, Location: Rochelle, IL) Date Established: April 14, 1999 WWW:http://www.lincolnstatebank.com Trust Powers Granted: No Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 61819 Numeric code: 41 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: Commercial Lending Specialization Date of Deposit Insurance: April 14, 1999 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: 304 East Highway 38, Rochelle, IL 61068 County: Ogle Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Princeton Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Rockford, IL (#6880) Combined Statistical Area (CSA): Rockford-Freeport-Rochelle, IL (#466) Core Based Statistical Area (CBSA): Rochelle, IL (#40300) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $46.8 mil Equity capital: $4.2 mil Deposits held in domestic offices: $42.3 mil Return on assets (ROA): 0.92% ($0.4 mil) Quarterly return on assets: 0.72% ($0.3 mil) Return on Equity (ROE): 10.26% ($0.4 mil) Quarterly return on equity: 7.75% ($0.3 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.80% ($374.0 mil) Quarterly Pretax return on assets: 0.72% ($336.6 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
18Total employees (full-time equivalent)
$46,755Total assets
$9,274Cash and due from depository institutions
$8,197Interest-bearing balances
$3,590Securities
$0Federal funds sold & reverse repurchase agreements
$30,295Net loans & leases
$475Loan loss allowance
$0Trading account assets
$1,265Bank premises and fixed assets
$386Other real estate owned
$582Goodwill and other intangibles
$46,755Life insurance assets
$1,363All other assets
$42,551Total liabilities and capital
$42,343Total liabilities
$35,566Total deposits
$42,343Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$23Trading liabilities
$0Other borrowed funds
$185Subordinated debt
$4,204All other liabilities
$4,204Total equity capital
$4,204Total bank equity capital
$0Perpetual preferred stock
$317Common stock
$4,103Surplus
$-216Undivided profits
Memoranda
$0Noncurrent loans and leases
$575Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,022Income earned, not collected on loans
$0Earning assets
$181Long-term assets (5+ years)
$42,082Average Assets, year-to-date
$1,736Average Assets, quarterly
$46,595Volatile liabilities
$46,418Insider loans
$32,745FHLB advances
$46,879Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,902Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,833Restructured Loans and leases
$327Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,132Total interest income
$443Total interest expense
$1,689Net interest income
$137Provision for loan and lease losses
$725Total noninterest income
$0Fiduciary activities
$259Service charges on deposit accounts
$0Trading account gains & fees
$466Additional noninterest income
$1,906Total noninterest expense
$1,054Salaries and employee benefits
$152Premises and equipment expense
$700Additional noninterest expense
$371Pre-tax net operating income
$0Securities gains (losses)
-$59Applicable income taxes
$430Income before extraordinary items
$0Extraordinary gains - net
$430Net income attributable to bank
$0Net charge-offs
$430Cash dividends
$102Sale, conversion, retirement of capital stock, net
$250Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.03%Yield on earning assets
1.05%Cost of funding earning assets
3.99%Net interest margin
1.71%Noninterest income to earning assets
4.50%Noninterest expense to earning assets
0.92%Net operating income to assets
0.92%Return on assets (ROA)
0.80%Pretax return on assets
10.26%Return on equity (ROE)
4.30%Retained earnings to average equity (YTD only)
0.32%Net charge-offs to loans
134.31%Credit loss provision to net charge-offs
4.98%Efficiency ratio
78,956Assets per employee
2.60%Cash dividends to net income (YTD only)
Condition Ratios (%)
58.14%Loss allowance to loans
1.54%Loss allowance to noncurrent loans
46.48%Noncurrent assets plus other real estate owned to assets
3.01%Noncurrent loans to loans
3.32%Net loans and leases to deposits
71.55%Net loans and leases to core deposits
75.05%Equity capital to assets
8.99%Core capital (leverage) ratio
8.32%Tier 1 risk-based capital ratio
11.92%Total risk-based capital ratio
Memoranda
$13Average assets
$46,595Average earning assets
$4,190Average equity
$42,373Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
61819
Lincoln State Bank, S.B.
304 East Highway 38, Rochelle, IL 61068
April 14, 1999
Full Service Brick and Mortar
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