Litchfield Community Savings, S.B. in Litchfield, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 03, 1997

Litchfield Community Savings, S.B. in Litchfield, Illinois (IL)
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Litchfield Community Savings, S.B. - Overview

General
FDIC Certificate #: 31672
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Jacksonville Savings Bank (#28211)
Federal Reserve ID: 20576
Date Established: January 01, 1889
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 7326
FDIC's unique #: 44506
Numeric code: 41
Regulator: FDIC
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: Yes
Date of Deposit Insurance: December 18, 1973
Last Structure Change Effective Date: January 03, 1997
Last Structure Change Process Date: January 14, 1997
Last Data Update: January 14, 1997
Data Source Date: April 05, 2012
Location
Address: 501 North State Street, Litchfield, IL 62056
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: $18.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$6Total assets
$18,256Cash and due from depository institutions
$1,851Interest-bearing balances
$1,683Securities
$7,102Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$8,852Loan loss allowance
$93Trading account assets
$0Bank premises and fixed assets
$207Other real estate owned
$0Goodwill and other intangibles
$244Life insurance assets
$0All other assets
$0Total liabilities and capital
$18,256Total liabilities
$16,499Total deposits
$16,381Interest-bearing deposits
$16,221Deposits held in domestic offices
16381.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$118Total equity capital
$118Total bank equity capital
$1,757Perpetual preferred stock
$0Common stock
$1Surplus
$614Undivided profits
Memoranda
$1,142Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$17Income earned, not collected on loans
$48Earning assets
$17,637Long-term assets (5+ years)
$2,164Average Assets, year-to-date
$18,621Average Assets, quarterly
$18,255Volatile liabilities
$1,562Insider loans
$98FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$590Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,778Total risk weighted assets
$10,972Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$1,305Total interest expense
$853Net interest income
$452Provision for loan and lease losses
$1Total noninterest income
$17Fiduciary activities
$0Service charges on deposit accounts
$16Trading account gains & fees
$0Additional noninterest income
$1Total noninterest expense
$512Salaries and employee benefits
$201Premises and equipment expense
$35Additional noninterest expense
$276Pre-tax net operating income
-$44Securities gains (losses)
$7Applicable income taxes
-$13Income before extraordinary items
-$24Extraordinary gains - net
$0Net income attributable to bank
-$24Net charge-offs
$2Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.23%Cost of funding earning assets
4.73%Net interest margin
2.50%Noninterest income to earning assets
0.09%Noninterest expense to earning assets
2.84%Net operating income to assets
-0.15%Return on assets (ROA)
-0.13%Pretax return on assets
-0.20%Return on equity (ROE)
-1.36%Retained earnings to average equity (YTD only)
-1.36%Net charge-offs to loans
0.02%Credit loss provision to net charge-offs
50.00%Efficiency ratio
109,168Assets per employee
3.04%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.04%Loss allowance to noncurrent loans
547.06%Noncurrent assets plus other real estate owned to assets
0.09%Noncurrent loans to loans
0.19%Net loans and leases to deposits
54.04%Net loans and leases to core deposits
59.73%Equity capital to assets
9.62%Core capital (leverage) ratio
9.75%Tier 1 risk-based capital ratio
16.20%Total risk-based capital ratio
Memoranda
$17Average assets
$18,621Average earning assets
$1,771Average equity
$18,052Average loans

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