FDIC Certificate #: 10801 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Scott State Bank (#8491) Federal Reserve ID: 40332 Date Established: January 01, 1892 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 6907 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: October 01, 1998 Last Structure Change Process Date: October 29, 1998 Last Data Update: October 29, 1998 Data Source Date: April 05, 2012
Location
Address: Main Street, Dalton City, IL 61925 County: Moultrie 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
Financial Summary
Total assets: $12.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
5Total employees (full-time equivalent)
$12,419Total assets
$387Cash and due from depository institutions
$0Interest-bearing balances
$3,256Securities
$528Federal funds sold & reverse repurchase agreements
$8,029Net loans & leases
$131Loan loss allowance
$0Trading account assets
$44Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$175All other assets
$12,419Total liabilities and capital
$11,152Total liabilities
$11,070Total deposits
$10,094Interest-bearing deposits
$11,070Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$82All other liabilities
$1,267Total equity capital
$1,267Total bank equity capital
$1,267Perpetual preferred stock
$0Common stock
$75Surplus
$525Undivided profits
Memoranda
$667Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$139Earning assets
$0Long-term assets (5+ years)
$93Average Assets, year-to-date
$11,813Average Assets, quarterly
$1,236Volatile liabilities
$12,548Insider loans
$12,876FHLB advances
$1,601Loans and leases held for sale
$1Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$302Total unused commitments
$0Restructured Loans and leases
$7,733Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$962Total interest income
$470Total interest expense
$492Net interest income
$135Provision for loan and lease losses
$79Total noninterest income
$0Fiduciary activities
$63Service charges on deposit accounts
$0Trading account gains & fees
$16Additional noninterest income
$287Total noninterest expense
$168Salaries and employee benefits
$42Premises and equipment expense
$77Additional noninterest expense
$149Pre-tax net operating income
$0Securities gains (losses)
$45Applicable income taxes
$104Income before extraordinary items
$0Extraordinary gains - net
$104Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$89Sale, conversion, retirement of capital stock, net
$15Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.12%Yield on earning assets
3.97%Cost of funding earning assets
4.15%Net interest margin
0.67%Noninterest income to earning assets
2.42%Noninterest expense to earning assets
0.83%Net operating income to assets
0.83%Return on assets (ROA)
1.19%Pretax return on assets
8.73%Return on equity (ROE)
7.47%Retained earnings to average equity (YTD only)
1.16%Net charge-offs to loans
151.69%Credit loss provision to net charge-offs
3.19%Efficiency ratio
50,263Assets per employee
2.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
14.42%Loss allowance to loans
1.61%Loss allowance to noncurrent loans
94.24%Noncurrent assets plus other real estate owned to assets
1.12%Noncurrent loans to loans
1.70%Net loans and leases to deposits
72.53%Net loans and leases to core deposits
84.79%Equity capital to assets
10.20%Core capital (leverage) ratio
10.34%Tier 1 risk-based capital ratio
16.46%Total risk-based capital ratio
Memoranda
$18Average assets
$12,548Average earning assets
$1,192Average equity
$11,845Average loans
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