FDIC Certificate #: 11311 Status: Active Federal Reserve ID: 246237 Bank Holding Company (Regulatory Top Holder): Bement Bancshares, Inc. (RSSDID: 1205923, Location: Bement, IL) Date Established: May 24, 1894 WWW:http://www.bankcerrogordo.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 7223 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: May 06, 2009 Last Structure Change Process Date: May 12, 2009 Last Data Update: May 12, 2009 Data Source Date: April 05, 2012
Location
Address: 101 South Madison Street, Cerro Gordo, IL 61818 County: Piatt Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Champaign Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Core Based Statistical Area (CBSA): Champaign-Urbana, IL (#16580) CBSA Metro Statistical Area: Champaign-Urbana, IL (#16580)
History of Changes
Change in Location
Financial Summary
Total assets: $24.1 mil Equity capital: $3.8 mil Deposits held in domestic offices: $20.3 mil Return on assets (ROA): 0.32% ($0.1 mil) Quarterly return on assets: 0.52% ($0.1 mil) Return on Equity (ROE): 2.06% ($0.1 mil) Quarterly return on equity: 3.39% ($0.1 mil) Net income: $0.1 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.25% ($60.3 mil) Quarterly Pretax return on assets: 0.26% ($62.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
8Total employees (full-time equivalent)
$24,135Total assets
$7,143Cash and due from depository institutions
$6,230Interest-bearing balances
$5,905Securities
$274Federal funds sold & reverse repurchase agreements
$9,540Net loans & leases
$90Loan loss allowance
$0Trading account assets
$252Bank premises and fixed assets
$72Other real estate owned
$503Goodwill and other intangibles
$24,135Life insurance assets
$446All other assets
$20,384Total liabilities and capital
$20,310Total liabilities
$17,211Total deposits
$20,310Interest-bearing deposits
$86Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$74Subordinated debt
$3,751All other liabilities
$3,751Total equity capital
$3,751Total bank equity capital
$0Perpetual preferred stock
$216Common stock
$2,972Surplus
$563Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$21Income earned, not collected on loans
$0Earning assets
$143Long-term assets (5+ years)
$21,949Average Assets, year-to-date
$5,497Average Assets, quarterly
$24,720Volatile liabilities
$24,854Insider loans
$10,839FHLB advances
$24,329Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,249Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,340Restructured Loans and leases
$110Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$814Total interest income
$77Total interest expense
$737Net interest income
$1Provision for loan and lease losses
$148Total noninterest income
$1Fiduciary activities
$82Service charges on deposit accounts
$0Trading account gains & fees
$65Additional noninterest income
$822Total noninterest expense
$439Salaries and employee benefits
$116Premises and equipment expense
$267Additional noninterest expense
$62Pre-tax net operating income
$0Securities gains (losses)
-$16Applicable income taxes
$78Income before extraordinary items
$0Extraordinary gains - net
$78Net income attributable to bank
$0Net charge-offs
$78Cash dividends
$10Sale, conversion, retirement of capital stock, net
$105Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.61%Yield on earning assets
0.34%Cost of funding earning assets
3.27%Net interest margin
0.66%Noninterest income to earning assets
3.65%Noninterest expense to earning assets
0.32%Net operating income to assets
0.32%Return on assets (ROA)
0.25%Pretax return on assets
2.06%Return on equity (ROE)
-0.71%Retained earnings to average equity (YTD only)
0.11%Net charge-offs to loans
10.00%Credit loss provision to net charge-offs
6.30%Efficiency ratio
92,881Assets per employee
3.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
134.62%Loss allowance to loans
0.93%Loss allowance to noncurrent loans
428.57%Noncurrent assets plus other real estate owned to assets
0.39%Noncurrent loans to loans
0.22%Net loans and leases to deposits
46.97%Net loans and leases to core deposits
48.22%Equity capital to assets
15.54%Core capital (leverage) ratio
13.35%Tier 1 risk-based capital ratio
29.98%Total risk-based capital ratio
Memoranda
$31Average assets
$24,720Average earning assets
$3,786Average equity
$22,531Average loans
Total Fiduciary and Related Assets (December 31, 2010)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$19Managed Assets
1Number of Accounts
$19Personal trust and agency accounts
$19Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
3Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
7223
State Bank Of Cerro Gordo
101 South Madison Street, Cerro Gordo, IL 61818
May 24, 1894
Full Service Brick and Mortar
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