FDIC Certificate #: 19517 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Savanna-Thomson State Bank (#5753) Federal Reserve ID: 335243 Date Established: October 13, 1965 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 13317 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: October 13, 1965 Last Structure Change Effective Date: May 23, 2002 Last Structure Change Process Date: June 05, 2002 Last Data Update: June 05, 2002 Data Source Date: April 05, 2012
Location
Address: 302 Main Street, Savanna, IL 61074 County: Carroll 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
Financial Summary
Total assets: $37.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
14Total employees (full-time equivalent)
$38,491Total assets
$1,520Cash and due from depository institutions
$0Interest-bearing balances
$10,434Securities
$4,660Federal funds sold & reverse repurchase agreements
$21,088Net loans & leases
$440Loan loss allowance
$0Trading account assets
$180Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$609All other assets
$38,491Total liabilities and capital
$34,505Total liabilities
$34,210Total deposits
$32,009Interest-bearing deposits
$34,210Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$295All other liabilities
$3,986Total equity capital
$3,986Total bank equity capital
$3,986Perpetual preferred stock
$0Common stock
$310Surplus
$1,690Undivided profits
Memoranda
$1,986Noncurrent loans and leases
$833Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$902Earning assets
$0Long-term assets (5+ years)
$310Average Assets, year-to-date
$36,182Average Assets, quarterly
$853Volatile liabilities
$37,738Insider loans
$38,295FHLB advances
$2,253Loans and leases held for sale
$127Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$833Total unused commitments
$0Restructured Loans and leases
$289Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$2,372Total interest income
$1,489Total interest expense
$883Net interest income
$350Provision for loan and lease losses
$56Total noninterest income
$0Fiduciary activities
$26Service charges on deposit accounts
$0Trading account gains & fees
$30Additional noninterest income
$665Total noninterest expense
$389Salaries and employee benefits
$111Premises and equipment expense
$165Additional noninterest expense
-$76Pre-tax net operating income
$30Securities gains (losses)
-$107Applicable income taxes
$61Income before extraordinary items
$0Extraordinary gains - net
$61Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$216Sale, conversion, retirement of capital stock, net
$100Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.69%Yield on earning assets
4.20%Cost of funding earning assets
2.49%Net interest margin
0.16%Noninterest income to earning assets
1.88%Noninterest expense to earning assets
0.11%Net operating income to assets
0.16%Return on assets (ROA)
-0.12%Pretax return on assets
1.58%Return on equity (ROE)
-1.01%Retained earnings to average equity (YTD only)
0.92%Net charge-offs to loans
162.04%Credit loss provision to net charge-offs
1.27%Efficiency ratio
70,820Assets per employee
2.75%Cash dividends to net income (YTD only)
Condition Ratios (%)
163.93%Loss allowance to loans
2.04%Loss allowance to noncurrent loans
48.78%Noncurrent assets plus other real estate owned to assets
2.34%Noncurrent loans to loans
4.19%Net loans and leases to deposits
61.64%Net loans and leases to core deposits
65.99%Equity capital to assets
10.36%Core capital (leverage) ratio
10.32%Tier 1 risk-based capital ratio
17.39%Total risk-based capital ratio
Memoranda
$19Average assets
$37,738Average earning assets
$3,849Average equity
$35,433Average loans
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