FDIC Certificate #: 16806 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Bank of Pontiac (#16982) Federal Reserve ID: 854146 Date Established: May 21, 1949 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 10913 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 07, 1949 Last Structure Change Effective Date: January 15, 2001 Last Structure Change Process Date: March 07, 2001 Last Data Update: March 07, 2001 Data Source Date: April 05, 2012
Location
Address: 200 South Waupansie, Odell, IL 60460 County: Livingston 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 Core Based Statistical Area (CBSA): Pontiac, IL (#38700) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $23.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
4Total employees (full-time equivalent)
$22,991Total assets
$942Cash and due from depository institutions
$0Interest-bearing balances
$10,516Securities
$500Federal funds sold & reverse repurchase agreements
$10,584Net loans & leases
$217Loan loss allowance
$0Trading account assets
$90Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$359All other assets
$22,991Total liabilities and capital
$20,558Total liabilities
$20,340Total deposits
$19,389Interest-bearing deposits
$20,340Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$218All other liabilities
$2,433Total equity capital
$2,433Total bank equity capital
$2,433Perpetual preferred stock
$0Common stock
$160Surplus
$600Undivided profits
Memoranda
$1,673Noncurrent loans and leases
$758Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$145Average Assets, year-to-date
$21,600Average Assets, quarterly
$5,056Volatile liabilities
$22,532Insider loans
$22,765FHLB advances
$2,065Loans and leases held for sale
$700Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$758Total unused commitments
$0Restructured Loans and leases
$135Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$1,540Total interest income
$920Total interest expense
$620Net interest income
$0Provision for loan and lease losses
$65Total noninterest income
$0Fiduciary activities
$49Service charges on deposit accounts
$0Trading account gains & fees
$16Additional noninterest income
$348Total noninterest expense
$228Salaries and employee benefits
$13Premises and equipment expense
$107Additional noninterest expense
$337Pre-tax net operating income
$0Securities gains (losses)
$68Applicable income taxes
$269Income before extraordinary items
$0Extraordinary gains - net
$269Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$2Sale, conversion, retirement of capital stock, net
$150Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.33%Yield on earning assets
4.38%Cost of funding earning assets
2.95%Net interest margin
0.31%Noninterest income to earning assets
1.66%Noninterest expense to earning assets
1.19%Net operating income to assets
1.19%Return on assets (ROA)
1.50%Pretax return on assets
12.19%Return on equity (ROE)
5.39%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
168.50%Efficiency ratio
50,803Assets per employee
5.75%Cash dividends to net income (YTD only)
Condition Ratios (%)
55.76%Loss allowance to loans
2.01%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
52.04%Net loans and leases to core deposits
57.92%Equity capital to assets
10.58%Core capital (leverage) ratio
10.67%Tier 1 risk-based capital ratio
22.78%Total risk-based capital ratio
Memoranda
$24Average assets
$22,532Average earning assets
$2,206Average equity
$21,013Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Odell State Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: