FDIC Certificate #: 10600 Status: Inactive Closing history: Corrections Acquiring institution:Midland States Bank (#1040) Federal Reserve ID: 955856 Date Established: March 29, 1905 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 18 (Interstate: No) OTS Docket #: 15508 FDIC's unique #: 6794 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: January 01, 1934 Last Structure Change Effective Date: January 01, 2004 Last Structure Change Process Date: January 21, 2004 Last Data Update: January 21, 2004 Data Source Date: April 05, 2012
Location
Address: Highway 21 And Highway 106, Ellington, MO 63638 County: Reynolds 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
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $228.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
110Total employees (full-time equivalent)
$228,385Total assets
$5,330Cash and due from depository institutions
$2Interest-bearing balances
$66,934Securities
$4,353Federal funds sold & reverse repurchase agreements
$141,374Net loans & leases
$1,612Loan loss allowance
$0Trading account assets
$5,362Bank premises and fixed assets
$567Other real estate owned
$1,281Goodwill and other intangibles
$0Life insurance assets
$3,184All other assets
$228,385Total liabilities and capital
$199,839Total liabilities
$175,530Total deposits
$149,711Interest-bearing deposits
$175,530Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$23,941Other borrowed funds
$0Subordinated debt
$368All other liabilities
$28,546Total equity capital
$28,546Total bank equity capital
$28,546Perpetual preferred stock
$0Common stock
$100Surplus
$8,601Undivided profits
Memoranda
$19,845Noncurrent loans and leases
$20,199Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$76Earning assets
$0Long-term assets (5+ years)
$1,356Average Assets, year-to-date
$212,663Average Assets, quarterly
$62,511Volatile liabilities
$234,245Insider loans
$233,228FHLB advances
$32,006Loans and leases held for sale
$25Unused loan commitments
$23,941Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$20,199Total unused commitments
$0Restructured Loans and leases
$1,612Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$12,684Total interest income
$4,254Total interest expense
$8,430Net interest income
$0Provision for loan and lease losses
$898Total noninterest income
$0Fiduciary activities
$708Service charges on deposit accounts
$0Trading account gains & fees
$190Additional noninterest income
$4,786Total noninterest expense
$3,191Salaries and employee benefits
$650Premises and equipment expense
$945Additional noninterest expense
$4,542Pre-tax net operating income
$1,184Securities gains (losses)
$1,821Applicable income taxes
$3,905Income before extraordinary items
$0Extraordinary gains - net
$3,905Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$890Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.86%Yield on earning assets
1.97%Cost of funding earning assets
3.89%Net interest margin
0.41%Noninterest income to earning assets
2.21%Noninterest expense to earning assets
1.32%Net operating income to assets
1.67%Return on assets (ROA)
2.44%Pretax return on assets
14.07%Return on equity (ROE)
10.86%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
51,308Assets per employee
2.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
22.79%Loss allowance to loans
1.13%Loss allowance to noncurrent loans
2121.05%Noncurrent assets plus other real estate owned to assets
0.28%Noncurrent loans to loans
0.05%Net loans and leases to deposits
80.54%Net loans and leases to core deposits
96.49%Equity capital to assets
12.50%Core capital (leverage) ratio
12.00%Tier 1 risk-based capital ratio
17.64%Total risk-based capital ratio
Memoranda
$19Average assets
$234,245Average earning assets
$27,760Average equity
$216,437Average loans
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