The First State Bank of Mounds in Mounds, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 27, 1995

The First State Bank of Mounds in Mounds, Illinois (IL)
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The First State Bank of Mounds - Overview

General
FDIC Certificate #: 10792
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community National Bank (#3813)
Federal Reserve ID: 386843
Date Established: January 01, 1906
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
FDIC's unique #: 6901
Numeric code: 13
Regulator: FED
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: October 27, 1995
Last Structure Change Process Date: December 07, 1995
Last Data Update: December 07, 1995
Data Source Date: April 05, 2012
Location
Address: 100 South Oak Street, Mounds, IL 62964
County: Pulaski
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: $18.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$10Total assets
$23,117Cash and due from depository institutions
$1,973Interest-bearing balances
$876Securities
$13,181Federal funds sold & reverse repurchase agreements
$3,500Net loans & leases
$3,795Loan loss allowance
$112Trading account assets
$0Bank premises and fixed assets
$389Other real estate owned
$22Goodwill and other intangibles
$257Life insurance assets
$0All other assets
$0Total liabilities and capital
$23,117Total liabilities
$18,083Total deposits
$17,984Interest-bearing deposits
$15,013Deposits held in domestic offices
17984.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$54Subordinated debt
$0All other liabilities
$45Total equity capital
$45Total bank equity capital
$5,034Perpetual preferred stock
$0Common stock
$375Surplus
$625Undivided profits
Memoranda
$4,034Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$349Income earned, not collected on loans
$87Earning assets
$21,352Long-term assets (5+ years)
$314Average Assets, year-to-date
$23,513Average Assets, quarterly
$23,034Volatile liabilities
$454Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,034Total risk weighted assets
$6,963Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$1,245Total interest expense
$537Net interest income
$708Provision for loan and lease losses
$27Total noninterest income
$175Fiduciary activities
$0Service charges on deposit accounts
$82Trading account gains & fees
$0Additional noninterest income
$93Total noninterest expense
$746Salaries and employee benefits
$291Premises and equipment expense
$78Additional noninterest expense
$377Pre-tax net operating income
$110Securities gains (losses)
$3Applicable income taxes
-$8Income before extraordinary items
$121Extraordinary gains - net
$0Net income attributable to bank
$121Net charge-offs
$17Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
5.71%Cost of funding earning assets
2.46%Net interest margin
3.24%Noninterest income to earning assets
0.80%Noninterest expense to earning assets
3.42%Net operating income to assets
0.50%Return on assets (ROA)
0.51%Pretax return on assets
0.48%Return on equity (ROE)
2.42%Retained earnings to average equity (YTD only)
2.42%Net charge-offs to loans
0.46%Credit loss provision to net charge-offs
158.82%Efficiency ratio
84,485Assets per employee
2.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.87%Loss allowance to noncurrent loans
32.09%Noncurrent assets plus other real estate owned to assets
1.60%Noncurrent loans to loans
8.93%Net loans and leases to deposits
21.10%Net loans and leases to core deposits
21.58%Equity capital to assets
21.78%Core capital (leverage) ratio
21.79%Tier 1 risk-based capital ratio
72.29%Total risk-based capital ratio
Memoranda
$74Average assets
$23,513Average earning assets
$4,994Average equity
$21,820Average loans

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