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

This bank is inactive as of January 23, 2002

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

General
FDIC Certificate #: 11742
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First State Bank (#16332)
Federal Reserve ID: 797832
Date Established: September 23, 1901
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 7510
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 23, 2002
Last Structure Change Process Date: Febuary 08, 2002
Last Data Update: Febuary 08, 2002
Data Source Date: April 05, 2012
Location
Address: Main Street, Hammond, IL 61929
County: Piatt
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
Core Based Statistical Area (CBSA): Champaign-Urbana, IL (#16580)
CBSA Metro Statistical Area: Champaign-Urbana, IL (#16580)
Financial Summary
Total assets: $14.5 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, 2001)

Dollar figures in thousands
5Total employees (full-time equivalent)
$14,545Total assets
$356Cash and due from depository institutions
$0Interest-bearing balances
$7,809Securities
$0Federal funds sold & reverse repurchase agreements
$5,897Net loans & leases
$107Loan loss allowance
$0Trading account assets
$60Bank premises and fixed assets
$240Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$183All other assets
$14,545Total liabilities and capital
$12,922Total liabilities
$12,254Total deposits
$10,850Interest-bearing deposits
$12,254Deposits held in domestic offices
0.00%% insured (estimated)
$510Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$158All other liabilities
$1,623Total equity capital
$1,623Total bank equity capital
$1,623Perpetual preferred stock
$0Common stock
$100Surplus
$1,054Undivided profits
Memoranda
$469Noncurrent loans and leases
$482Noncurrent 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)
$89Average Assets, year-to-date
$13,706Average Assets, quarterly
$1,493Volatile liabilities
$14,845Insider loans
$14,588FHLB advances
$1,357Loans and leases held for sale
$341Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$482Total unused commitments
$78Restructured Loans and leases
$85Derivatives

Income and Expense (December 31, 2001)

Dollar figures in thousands
$968Total interest income
$465Total interest expense
$503Net interest income
$24Provision for loan and lease losses
$135Total noninterest income
$74Fiduciary activities
$39Service charges on deposit accounts
$0Trading account gains & fees
$22Additional noninterest income
$481Total noninterest expense
$232Salaries and employee benefits
$56Premises and equipment expense
$193Additional noninterest expense
$133Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$133Income before extraordinary items
$0Extraordinary gains - net
$133Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$96Sale, conversion, retirement of capital stock, net
$50Net operating income

Performance and Condition Ratios (December 31, 2001)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.85%Yield on earning assets
3.29%Cost of funding earning assets
3.56%Net interest margin
0.96%Noninterest income to earning assets
3.40%Noninterest expense to earning assets
0.90%Net operating income to assets
0.90%Return on assets (ROA)
0.90%Pretax return on assets
8.45%Return on equity (ROE)
5.27%Retained earnings to average equity (YTD only)
1.48%Net charge-offs to loans
25.00%Credit loss provision to net charge-offs
1.64%Efficiency ratio
75,392Assets per employee
2.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
37.59%Loss allowance to loans
1.78%Loss allowance to noncurrent loans
48.20%Noncurrent assets plus other real estate owned to assets
3.18%Noncurrent loans to loans
3.70%Net loans and leases to deposits
48.12%Net loans and leases to core deposits
51.70%Equity capital to assets
11.16%Core capital (leverage) ratio
10.29%Tier 1 risk-based capital ratio
22.21%Total risk-based capital ratio
Memoranda
$23Average assets
$14,845Average earning assets
$1,574Average equity
$14,134Average loans

Total Fiduciary and Related Assets (December 31, 2001)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$10,327Managed Assets
1Number of Accounts
$9,493Personal trust and agency accounts
$9,182Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$311Non-managed Assets
24Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$834Other retirement accounts
$8Corporate trust and agency accounts
$0Other fiduciary accounts
$826Fiduciary accounts held in foreign offices

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