FDIC Certificate #: 34187 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:First State Bank (#15752) Federal Reserve ID: 2397713 Date Established: June 24, 1996 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 6 (Interstate: No) FDIC's unique #: 56845 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: June 24, 1996 Last Structure Change Effective Date: Febuary 25, 2011 Last Structure Change Process Date: Febuary 28, 2011 Last Data Update: Febuary 28, 2011 Data Source Date: April 05, 2012
Location
Address: 620 East Main Street, St. Charles, IL 60174 County: Kane Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Chicago Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Chicago, IL (#1600) Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14) Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176) Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980) CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980) Core Based Statistical Division: Chicago-Joliet-Naperville, IL (#16974)
Financial Summary
Total assets: $123.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
41Total employees (full-time equivalent)
$123,774Total assets
$12,875Cash and due from depository institutions
$11,854Interest-bearing balances
$12,803Securities
$0Federal funds sold & reverse repurchase agreements
$87,036Net loans & leases
$3,841Loan loss allowance
$0Trading account assets
$1,024Bank premises and fixed assets
$8,718Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,318All other assets
$123,774Total liabilities and capital
$124,607Total liabilities
$124,179Total deposits
$114,586Interest-bearing deposits
$124,179Deposits held in domestic offices
95.37%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$428All other liabilities
$-833Total equity capital
$-833Total bank equity capital
$-833Perpetual preferred stock
$0Common stock
$2,196Surplus
$7,732Undivided profits
Memoranda
$-10,761Noncurrent loans and leases
$8,606Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$17,060Earning assets
$0Long-term assets (5+ years)
$366Average Assets, year-to-date
$111,693Average Assets, quarterly
$5,961Volatile liabilities
$141,847Insider loans
$129,451FHLB advances
$31,661Loans and leases held for sale
$1,503Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,606Total unused commitments
$1,015Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$5,567Total interest income
$2,359Total interest expense
$3,208Net interest income
$3,447Provision for loan and lease losses
$649Total noninterest income
$0Fiduciary activities
$253Service charges on deposit accounts
$0Trading account gains & fees
$396Additional noninterest income
$7,915Total noninterest expense
$2,155Salaries and employee benefits
$1,167Premises and equipment expense
$4,593Additional noninterest expense
-$7,505Pre-tax net operating income
$409Securities gains (losses)
$0Applicable income taxes
-$7,096Income before extraordinary items
$0Extraordinary gains - net
-$7,096Net income attributable to bank
$0Net charge-offs
-$7,096Cash dividends
$4,143Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.33%Yield on earning assets
1.84%Cost of funding earning assets
2.50%Net interest margin
0.51%Noninterest income to earning assets
6.16%Noninterest expense to earning assets
-5.29%Net operating income to assets
-5.00%Return on assets (ROA)
-5.00%Pretax return on assets
-181.02%Return on equity (ROE)
-181.02%Retained earnings to average equity (YTD only)
4.14%Net charge-offs to loans
83.20%Credit loss provision to net charge-offs
-0.98%Efficiency ratio
205,211Assets per employee
3.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.23%Loss allowance to noncurrent loans
22.51%Noncurrent assets plus other real estate owned to assets
20.83%Noncurrent loans to loans
18.77%Net loans and leases to deposits
70.09%Net loans and leases to core deposits
94.07%Equity capital to assets
-0.67%Core capital (leverage) ratio
-0.64%Tier 1 risk-based capital ratio
-0.88%Total risk-based capital ratio
Memoranda
-$1Average assets
$141,847Average earning assets
$3,920Average equity
$128,437Average loans
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