The Ramsey State Bank in Ramsey, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1994

The Ramsey State Bank in Ramsey, Illinois (IL)
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The Ramsey State Bank - Overview

General
FDIC Certificate #: 3829
Status: Inactive
Closing history: Corrections
Acquiring institution: The First National Bank (#3840)
Federal Reserve ID: 353247
Date Established: January 01, 1910
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 2489
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: April 01, 1994
Last Structure Change Process Date: April 14, 1994
Last Data Update: April 20, 1994
Data Source Date: April 05, 2012
Location
Address: 231 South Superior Street, Ramsey, IL 62080
County: Fayette
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
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $15.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$10Total assets
$15,532Cash and due from depository institutions
$559Interest-bearing balances
$0Securities
$4,940Federal funds sold & reverse repurchase agreements
$1,770Net loans & leases
$7,782Loan loss allowance
$168Trading account assets
$0Bank premises and fixed assets
$267Other real estate owned
$0Goodwill and other intangibles
$214Life insurance assets
$0All other assets
$0Total liabilities and capital
$15,532Total liabilities
$14,110Total deposits
$14,017Interest-bearing deposits
$12,430Deposits held in domestic offices
14017.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$93Total equity capital
$93Total bank equity capital
$1,422Perpetual preferred stock
$0Common stock
$170Surplus
$1,077Undivided profits
Memoranda
$175Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$66Income earned, not collected on loans
$168Earning assets
$14,492Long-term assets (5+ years)
$1,633Average Assets, year-to-date
$15,525Average Assets, quarterly
$15,481Volatile liabilities
$200Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$537Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,422Total risk weighted assets
$8,466Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$1,073Total interest expense
$470Net interest income
$603Provision for loan and lease losses
$3Total noninterest income
$51Fiduciary activities
$0Service charges on deposit accounts
$21Trading account gains & fees
$0Additional noninterest income
$30Total noninterest expense
$521Salaries and employee benefits
$216Premises and equipment expense
$53Additional noninterest expense
$252Pre-tax net operating income
$130Securities gains (losses)
$19Applicable income taxes
$19Income before extraordinary items
$130Extraordinary gains - net
$0Net income attributable to bank
$130Net charge-offs
$29Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.35%Cost of funding earning assets
3.22%Net interest margin
4.13%Noninterest income to earning assets
0.35%Noninterest expense to earning assets
3.57%Net operating income to assets
0.73%Return on assets (ROA)
0.84%Pretax return on assets
0.96%Return on equity (ROE)
9.64%Retained earnings to average equity (YTD only)
9.64%Net charge-offs to loans
0.40%Credit loss provision to net charge-offs
10.34%Efficiency ratio
79,664Assets per employee
1.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.11%Loss allowance to noncurrent loans
254.55%Noncurrent assets plus other real estate owned to assets
0.42%Noncurrent loans to loans
0.83%Net loans and leases to deposits
55.52%Net loans and leases to core deposits
56.32%Equity capital to assets
9.16%Core capital (leverage) ratio
9.13%Tier 1 risk-based capital ratio
16.80%Total risk-based capital ratio
Memoranda
$18Average assets
$15,525Average earning assets
$1,349Average equity
$14,601Average loans

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