FDIC Certificate #: 14178 Status: Active Federal Reserve ID: 552956 Bank Holding Company (Regulatory Top Holder): Silex Bancshares, Inc. (RSSDID: 1141263, Location: Silex, MO) Date Established: March 24, 1934 WWW:http://www.silexbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 8850 Numeric code: 21 Regulator: FDIC 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: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: March 30, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: September 23, 2010 Last Data Update: September 23, 2010 Data Source Date: April 05, 2012
Location
Address: 20 S 2nd St, Silex, MO 63377 County: Lincoln Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: St. Louis Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040) Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476) Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180) CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $64.6 mil Equity capital: $9.6 mil Deposits held in domestic offices: $54.7 mil Return on assets (ROA): 0.92% ($0.6 mil) Quarterly return on assets: 0.13% ($0.1 mil) Return on Equity (ROE): 6.09% ($0.6 mil) Quarterly return on equity: 0.86% ($0.1 mil) Net income: $0.6 mil Quarterly Net income: $0.0 mil Pretax return on assets: 1.14% ($736.1 mil) Quarterly Pretax return on assets: 0.35% ($226.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
11Total employees (full-time equivalent)
$64,567Total assets
$3,042Cash and due from depository institutions
$0Interest-bearing balances
$30,279Securities
$3,783Federal funds sold & reverse repurchase agreements
$26,544Net loans & leases
$467Loan loss allowance
$0Trading account assets
$303Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$64,567Life insurance assets
$616All other assets
$54,931Total liabilities and capital
$54,695Total liabilities
$48,953Total deposits
$54,695Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$236Subordinated debt
$9,636All other liabilities
$9,636Total equity capital
$9,636Total bank equity capital
$0Perpetual preferred stock
$240Common stock
$200Surplus
$9,196Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$420Long-term assets (5+ years)
$60,606Average Assets, year-to-date
$23,386Average Assets, quarterly
$63,680Volatile liabilities
$64,656Insider loans
$33,111FHLB advances
$65,875Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,636Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,655Restructured Loans and leases
$368Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,543Total interest income
$550Total interest expense
$1,993Net interest income
$50Provision for loan and lease losses
$45Total noninterest income
$0Fiduciary activities
$32Service charges on deposit accounts
$0Trading account gains & fees
$13Additional noninterest income
$1,259Total noninterest expense
$748Salaries and employee benefits
$102Premises and equipment expense
$409Additional noninterest expense
$729Pre-tax net operating income
$0Securities gains (losses)
$144Applicable income taxes
$585Income before extraordinary items
$0Extraordinary gains - net
$585Net income attributable to bank
$0Net charge-offs
$585Cash dividends
$0Sale, conversion, retirement of capital stock, net
$331Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.28%Yield on earning assets
0.93%Cost of funding earning assets
3.35%Net interest margin
0.08%Noninterest income to earning assets
2.12%Noninterest expense to earning assets
0.92%Net operating income to assets
0.92%Return on assets (ROA)
1.14%Pretax return on assets
6.09%Return on equity (ROE)
2.64%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
61,776Assets per employee
5.87%Cash dividends to net income (YTD only)
Condition Ratios (%)
56.58%Loss allowance to loans
1.73%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
48.53%Net loans and leases to core deposits
49.78%Equity capital to assets
14.92%Core capital (leverage) ratio
14.63%Tier 1 risk-based capital ratio
29.10%Total risk-based capital ratio
Memoranda
$30Average assets
$63,680Average earning assets
$9,612Average equity
$59,424Average loans
List of branches
1 Missouri Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8850
Silex Banking Company
20 S 2nd St, Silex, MO 63377
March 24, 1934
Full Service Brick and Mortar
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 Silex Banking Company.
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: