Security State Bank of Hamilton in Hamilton, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 01, 2006

Security State Bank of Hamilton in Hamilton, Illinois (IL)
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Security State Bank of Hamilton - Overview

General
FDIC Certificate #: 16712
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Marine Bank and Trust (#11685)
Federal Reserve ID: 877239
Date Established: June 19, 1946
WWW: http://www.securitystate.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 13174
FDIC's unique #: 10834
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: July 12, 1948
Last Structure Change Effective Date: November 01, 2006
Last Structure Change Process Date: January 12, 2007
Last Data Update: January 12, 2007
Data Source Date: April 05, 2012
Location
Address: 1111-1113 Broadway, Hamilton, IL 62341
County: Hancock
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: $46.3 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, 2005)

Dollar figures in thousands
14Total employees (full-time equivalent)
$48,005Total assets
$917Cash and due from depository institutions
$5Interest-bearing balances
$7,749Securities
$0Federal funds sold & reverse repurchase agreements
$37,279Net loans & leases
$282Loan loss allowance
$0Trading account assets
$505Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,555All other assets
$48,005Total liabilities and capital
$44,191Total liabilities
$36,919Total deposits
$32,068Interest-bearing deposits
$36,919Deposits held in domestic offices
0.00%% insured (estimated)
$5,488Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,500Other borrowed funds
$0Subordinated debt
$284All other liabilities
$3,814Total equity capital
$3,814Total bank equity capital
$3,814Perpetual preferred stock
$0Common stock
$400Surplus
$600Undivided profits
Memoranda
$2,814Noncurrent loans and leases
$3,992Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$181Earning assets
$0Long-term assets (5+ years)
$219Average Assets, year-to-date
$45,033Average Assets, quarterly
$13,978Volatile liabilities
$48,009Insider loans
$48,200FHLB advances
$11,208Loans and leases held for sale
$1,018Unused loan commitments
$1,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,992Total unused commitments
$6Restructured Loans and leases
$282Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$2,817Total interest income
$897Total interest expense
$1,920Net interest income
$42Provision for loan and lease losses
$247Total noninterest income
$0Fiduciary activities
$223Service charges on deposit accounts
$0Trading account gains & fees
$24Additional noninterest income
$1,337Total noninterest expense
$738Salaries and employee benefits
$131Premises and equipment expense
$468Additional noninterest expense
$788Pre-tax net operating income
$0Securities gains (losses)
$272Applicable income taxes
$516Income before extraordinary items
$0Extraordinary gains - net
$516Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$94Sale, conversion, retirement of capital stock, net
$750Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.25%Yield on earning assets
1.99%Cost of funding earning assets
4.26%Net interest margin
0.55%Noninterest income to earning assets
2.97%Noninterest expense to earning assets
1.07%Net operating income to assets
1.07%Return on assets (ROA)
1.64%Pretax return on assets
13.84%Return on equity (ROE)
-6.28%Retained earnings to average equity (YTD only)
0.25%Net charge-offs to loans
44.68%Credit loss provision to net charge-offs
8.83%Efficiency ratio
61,698Assets per employee
3.43%Cash dividends to net income (YTD only)
Condition Ratios (%)
145.35%Loss allowance to loans
0.75%Loss allowance to noncurrent loans
155.80%Noncurrent assets plus other real estate owned to assets
0.38%Noncurrent loans to loans
0.48%Net loans and leases to deposits
100.98%Net loans and leases to core deposits
119.49%Equity capital to assets
7.95%Core capital (leverage) ratio
7.89%Tier 1 risk-based capital ratio
11.36%Total risk-based capital ratio
Memoranda
$12Average assets
$48,009Average earning assets
$3,729Average equity
$45,068Average loans

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