The First State Bank of Winchester, Illinois - Overview
General
FDIC Certificate #: 11710 Status: Inactive Closing history: Corrections Acquiring institution:The First National Bank of Beardstown (#3607) Federal Reserve ID: 152048 Date Established: November 12, 1867 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 7487 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: January 01, 1934 Last Structure Change Effective Date: July 02, 2009 Last Structure Change Process Date: July 06, 2009 Last Data Update: July 06, 2009 Data Source Date: April 05, 2012
Location
Address: Main Street, Winchester, IL 62694 County: Scott 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 Core Based Statistical Area (CBSA): Jacksonville, IL (#27300) CBSA Micro Statistical Area: Yes
History of Changes
Absorption - Assisted
Corrections
Financial Summary
Total assets: $30.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
15Total employees (full-time equivalent)
$35,709Total assets
$1,262Cash and due from depository institutions
$11Interest-bearing balances
$10,111Securities
$2,306Federal funds sold & reverse repurchase agreements
$20,975Net loans & leases
$270Loan loss allowance
$0Trading account assets
$477Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$578All other assets
$35,709Total liabilities and capital
$34,232Total liabilities
$34,164Total deposits
$29,284Interest-bearing deposits
$34,164Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$68All other liabilities
$1,477Total equity capital
$1,477Total bank equity capital
$1,477Perpetual preferred stock
$0Common stock
$200Surplus
$1,700Undivided profits
Memoranda
$-423Noncurrent loans and leases
$2,080Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$222Earning assets
$0Long-term assets (5+ years)
$254Average Assets, year-to-date
$33,403Average Assets, quarterly
$6,128Volatile liabilities
$36,188Insider loans
$34,823FHLB advances
$5,064Loans and leases held for sale
$1,419Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,080Total unused commitments
$659Restructured Loans and leases
$270Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$2,021Total interest income
$713Total interest expense
$1,308Net interest income
$210Provision for loan and lease losses
$317Total noninterest income
$0Fiduciary activities
$158Service charges on deposit accounts
$0Trading account gains & fees
$159Additional noninterest income
$1,268Total noninterest expense
$598Salaries and employee benefits
$172Premises and equipment expense
$498Additional noninterest expense
$147Pre-tax net operating income
-$467Securities gains (losses)
$0Applicable income taxes
-$320Income before extraordinary items
$0Extraordinary gains - net
-$320Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$212Sale, conversion, retirement of capital stock, net
$55Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.93%Yield on earning assets
2.09%Cost of funding earning assets
3.84%Net interest margin
0.93%Noninterest income to earning assets
3.72%Noninterest expense to earning assets
0.41%Net operating income to assets
-0.88%Return on assets (ROA)
-0.88%Pretax return on assets
-18.10%Return on equity (ROE)
-21.21%Retained earnings to average equity (YTD only)
1.02%Net charge-offs to loans
99.06%Credit loss provision to net charge-offs
1.68%Efficiency ratio
78,031Assets per employee
2.38%Cash dividends to net income (YTD only)
Condition Ratios (%)
-17.19%Loss allowance to loans
1.27%Loss allowance to noncurrent loans
121.62%Noncurrent assets plus other real estate owned to assets
2.91%Noncurrent loans to loans
1.04%Net loans and leases to deposits
61.40%Net loans and leases to core deposits
72.08%Equity capital to assets
4.14%Core capital (leverage) ratio
5.53%Tier 1 risk-based capital ratio
8.19%Total risk-based capital ratio
Memoranda
$9Average assets
$36,188Average earning assets
$1,768Average equity
$34,085Average loans
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 The First State Bank of Winchester, Illinois.
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: