Security Bank and Trust Co. in Mount Carmel, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 23, 1998

  • Security Bank and Trust Co. in Mount Carmel, Illinois (IL)
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Security Bank and Trust Co. - Overview

  • General
  • FDIC Certificate #: 15433
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Old National Bank (#4393)
    Federal Reserve ID: 236041
    Date Established: November 18, 1936
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 9747
    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: November 18, 1936
    Last Structure Change Effective Date: October 23, 1998
    Last Structure Change Process Date: December 07, 1998
    Last Data Update: December 07, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 400 Market Street, Mount Carmel, IL 62863
    County: Wabash
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Mount Vernon
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • Financial Summary
  • Total assets: $113.1 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 38Total employees (full-time equivalent)
  • $113,843Total assets
  • $1,849Cash and due from depository institutions
  • $0Interest-bearing balances
  • $31,718Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $77,045Net loans & leases
  • $1,632Loan loss allowance
  • $0Trading account assets
  • $991Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,240All other assets
  • $113,843Total liabilities and capital
  • $103,008Total liabilities
  • $100,627Total deposits
  • $93,753Interest-bearing deposits
  • $100,627Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $773Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $395Other borrowed funds
  • $0Subordinated debt
  • $1,213All other liabilities
  • $10,835Total equity capital
  • $10,835Total bank equity capital
  • $10,835Perpetual preferred stock
  • $0Common stock
  • $1,127Surplus
  • $6,373Undivided profits
  • Memoranda
  • $3,335Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $968Earning assets
  • $0Long-term assets (5+ years)
  • $1,002Average Assets, year-to-date
  • $108,763Average Assets, quarterly
  • $28,057Volatile liabilities
  • $116,330Insider loans
  • $114,530FHLB advances
  • $16,158Loans and leases held for sale
  • $2,114Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $14,887Total unused commitments
  • $0Restructured Loans and leases
  • $80,782Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $9,133Total interest income
  • $4,496Total interest expense
  • $4,637Net interest income
  • $0Provision for loan and lease losses
  • $477Total noninterest income
  • $101Fiduciary activities
  • $185Service charges on deposit accounts
  • $0Trading account gains & fees
  • $191Additional noninterest income
  • $2,835Total noninterest expense
  • $1,509Salaries and employee benefits
  • $269Premises and equipment expense
  • $1,057Additional noninterest expense
  • $2,279Pre-tax net operating income
  • $0Securities gains (losses)
  • $631Applicable income taxes
  • $1,648Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,648Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $406Sale, conversion, retirement of capital stock, net
  • $2,520Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.26%Yield on earning assets
  • 4.07%Cost of funding earning assets
  • 4.19%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 2.56%Noninterest expense to earning assets
  • 1.42%Net operating income to assets
  • 1.42%Return on assets (ROA)
  • 1.96%Pretax return on assets
  • 15.05%Return on equity (ROE)
  • -7.96%Retained earnings to average equity (YTD only)
  • 0.50%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 5.61%Efficiency ratio
  • 55,436Assets per employee
  • 3.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 152.91%Loss allowance to loans
  • 2.07%Loss allowance to noncurrent loans
  • 168.60%Noncurrent assets plus other real estate owned to assets
  • 0.85%Noncurrent loans to loans
  • 1.23%Net loans and leases to deposits
  • 76.56%Net loans and leases to core deposits
  • 89.97%Equity capital to assets
  • 9.52%Core capital (leverage) ratio
  • 9.19%Tier 1 risk-based capital ratio
  • 13.03%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $116,330Average earning assets
  • $10,950Average equity
  • $110,573Average loans

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