FDIC Certificate #: 11331 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Farmers State Bank & Trust Co. (#10458) Federal Reserve ID: 133243 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 #: 7237 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: April 02, 2010 Last Structure Change Process Date: April 06, 2010 Last Data Update: April 06, 2010 Data Source Date: April 05, 2012
Location
Address: Main Street, Timewell, IL 62375 County: Brown 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
Financial Summary
Total assets: $7.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
3Total employees (full-time equivalent)
$6,845Total assets
$688Cash and due from depository institutions
$200Interest-bearing balances
$3,500Securities
$1,038Federal funds sold & reverse repurchase agreements
$1,544Net loans & leases
$8Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$75All other assets
$6,845Total liabilities and capital
$5,685Total liabilities
$5,679Total deposits
$4,303Interest-bearing deposits
$5,679Deposits held in domestic offices
97.27%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$6All other liabilities
$1,160Total equity capital
$1,160Total bank equity capital
$1,160Perpetual preferred stock
$0Common stock
$50Surplus
$550Undivided profits
Memoranda
$560Noncurrent loans and leases
$60Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1Earning assets
$0Long-term assets (5+ years)
$34Average Assets, year-to-date
$6,282Average Assets, quarterly
$419Volatile liabilities
$7,374Insider loans
$7,183FHLB advances
$103Loans and leases held for sale
$131Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$60Total unused commitments
$0Restructured Loans and leases
$8Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$130Total interest income
$40Total interest expense
$90Net interest income
$0Provision for loan and lease losses
$10Total noninterest income
$0Fiduciary activities
$1Service charges on deposit accounts
$0Trading account gains & fees
$9Additional noninterest income
$118Total noninterest expense
$88Salaries and employee benefits
$4Premises and equipment expense
$26Additional noninterest expense
-$18Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$18Income before extraordinary items
$0Extraordinary gains - net
-$18Net income attributable to bank
$0Net charge-offs
-$18Cash dividends
$4Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
1.87%Yield on earning assets
0.58%Cost of funding earning assets
1.30%Net interest margin
0.14%Noninterest income to earning assets
1.70%Noninterest expense to earning assets
-0.24%Net operating income to assets
-0.24%Return on assets (ROA)
-0.24%Pretax return on assets
-1.54%Return on equity (ROE)
-1.54%Retained earnings to average equity (YTD only)
0.23%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
-4.50%Efficiency ratio
118,000Assets per employee
2.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.52%Loss allowance to noncurrent loans
800.00%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.06%Net loans and leases to deposits
27.19%Net loans and leases to core deposits
27.69%Equity capital to assets
16.95%Core capital (leverage) ratio
15.17%Tier 1 risk-based capital ratio
59.73%Total risk-based capital ratio
Memoranda
$60Average assets
$7,374Average earning assets
$1,170Average equity
$6,942Average loans
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