FDIC Certificate #: 9265 Status: Active Federal Reserve ID: 49148 Bank Holding Company (Regulatory Top Holder): Rushville Bancshares, Inc. (RSSDID: 1208652, Location: Rushville, IL) Date Established: January 01, 1890 WWW:http://www.rushvillestatebank.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 13271 FDIC's unique #: 5925 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 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: Liberty And Lafayette Streets, Rushville, IL 62681 County: Schuyler 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $89.8 mil Equity capital: $14.3 mil Deposits held in domestic offices: $74.0 mil Return on assets (ROA): 1.24% ($1.1 mil) Quarterly return on assets: 1.32% ($1.2 mil) Return on Equity (ROE): 8.09% ($1.1 mil) Quarterly return on equity: 8.22% ($1.2 mil) Net income: $1.1 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.26% ($1,131.7 mil) Quarterly Pretax return on assets: 1.35% ($1,212.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
16Total employees (full-time equivalent)
$89,821Total assets
$5,134Cash and due from depository institutions
$4,171Interest-bearing balances
$53,443Securities
$0Federal funds sold & reverse repurchase agreements
$26,824Net loans & leases
$424Loan loss allowance
$0Trading account assets
$954Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$89,821Life insurance assets
$3,466All other assets
$75,513Total liabilities and capital
$74,030Total liabilities
$62,115Total deposits
$74,030Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,483Subordinated debt
$14,308All other liabilities
$14,308Total equity capital
$14,308Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$1,800Surplus
$12,308Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$750Income earned, not collected on loans
$0Earning assets
$602Long-term assets (5+ years)
$84,438Average Assets, year-to-date
$43,861Average Assets, quarterly
$87,975Volatile liabilities
$88,890Insider loans
$37,153FHLB advances
$92,759Loans and leases held for sale
$2,291Unused loan commitments
$2,291Tier 1 (core) risk-based capital
$12,474Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,715Restructured Loans and leases
$419Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,167Total interest income
$611Total interest expense
$2,556Net interest income
$180Provision for loan and lease losses
$408Total noninterest income
$46Fiduciary activities
$188Service charges on deposit accounts
$0Trading account gains & fees
$174Additional noninterest income
$1,679Total noninterest expense
$1,061Salaries and employee benefits
$277Premises and equipment expense
$341Additional noninterest expense
$1,105Pre-tax net operating income
$0Securities gains (losses)
$13Applicable income taxes
$1,092Income before extraordinary items
$0Extraordinary gains - net
$1,092Net income attributable to bank
$0Net charge-offs
$1,092Cash dividends
$6Sale, conversion, retirement of capital stock, net
$495Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.84%Yield on earning assets
0.74%Cost of funding earning assets
3.10%Net interest margin
0.50%Noninterest income to earning assets
2.04%Noninterest expense to earning assets
1.24%Net operating income to assets
1.24%Return on assets (ROA)
1.26%Pretax return on assets
8.09%Return on equity (ROE)
4.42%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
3000.00%Credit loss provision to net charge-offs
214.17%Efficiency ratio
56,646Assets per employee
5.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
45.33%Loss allowance to loans
1.56%Loss allowance to noncurrent loans
56.53%Noncurrent assets plus other real estate owned to assets
0.83%Noncurrent loans to loans
2.75%Net loans and leases to deposits
36.23%Net loans and leases to core deposits
38.56%Equity capital to assets
15.93%Core capital (leverage) ratio
13.45%Tier 1 risk-based capital ratio
33.57%Total risk-based capital ratio
Memoranda
$35Average assets
$87,975Average earning assets
$13,493Average equity
$82,418Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Rushville 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: