FDIC Certificate #: 16585 Status: Active Federal Reserve ID: 187648 Date Established: June 09, 1947 Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 10730 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Consumer Lending Specialization Date of Deposit Insurance: June 09, 1947 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 106 North Main Street, Vermont, IL 61484 County: Fulton 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 Combined Statistical Area (CSA): Peoria-Canton, IL (#426) Core Based Statistical Area (CBSA): Canton, IL (#15900) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $14.5 mil Equity capital: $1.5 mil Deposits held in domestic offices: $13.0 mil Return on assets (ROA): 0.93% ($0.1 mil) Quarterly return on assets: -2.27% (-$0.3 mil) Return on Equity (ROE): 9.28% ($0.1 mil) Quarterly return on equity: -21.31% (-$0.2 mil) Net income: $0.1 mil Quarterly Net income: -$0.1 mil Pretax return on assets: 0.93% ($134.7 mil) Quarterly Pretax return on assets: -2.27% (-$328.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
6Total employees (full-time equivalent)
$14,481Total assets
$743Cash and due from depository institutions
$199Interest-bearing balances
$2,442Securities
$625Federal funds sold & reverse repurchase agreements
$10,327Net loans & leases
$249Loan loss allowance
$0Trading account assets
$68Bank premises and fixed assets
$25Other real estate owned
$0Goodwill and other intangibles
$14,481Life insurance assets
$251All other assets
$12,993Total liabilities and capital
$12,963Total liabilities
$11,433Total deposits
$12,963Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$30Subordinated debt
$1,488All other liabilities
$1,488Total equity capital
$1,488Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$220Surplus
$1,218Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$450Income earned, not collected on loans
$0Earning assets
$97Long-term assets (5+ years)
$13,593Average Assets, year-to-date
$1,177Average Assets, quarterly
$14,523Volatile liabilities
$14,463Insider loans
$9,616FHLB advances
$14,776Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,421Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$257Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$965Total interest income
$178Total interest expense
$787Net interest income
$190Provision for loan and lease losses
$66Total noninterest income
$0Fiduciary activities
$64Service charges on deposit accounts
$0Trading account gains & fees
$2Additional noninterest income
$544Total noninterest expense
$239Salaries and employee benefits
$71Premises and equipment expense
$234Additional noninterest expense
$119Pre-tax net operating income
$16Securities gains (losses)
$0Applicable income taxes
$135Income before extraordinary items
$0Extraordinary gains - net
$135Net income attributable to bank
$0Net charge-offs
$135Cash dividends
$243Sale, conversion, retirement of capital stock, net
$32Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.17%Yield on earning assets
1.32%Cost of funding earning assets
5.85%Net interest margin
0.49%Noninterest income to earning assets
4.04%Noninterest expense to earning assets
0.82%Net operating income to assets
0.93%Return on assets (ROA)
0.93%Pretax return on assets
9.28%Return on equity (ROE)
7.08%Retained earnings to average equity (YTD only)
2.24%Net charge-offs to loans
78.19%Credit loss provision to net charge-offs
1.27%Efficiency ratio
63,775Assets per employee
2.41%Cash dividends to net income (YTD only)
Condition Ratios (%)
23.70%Loss allowance to loans
2.35%Loss allowance to noncurrent loans
55.33%Noncurrent assets plus other real estate owned to assets
3.28%Noncurrent loans to loans
4.25%Net loans and leases to deposits
79.67%Net loans and leases to core deposits
86.25%Equity capital to assets
10.28%Core capital (leverage) ratio
9.62%Tier 1 risk-based capital ratio
14.78%Total risk-based capital ratio
Memoranda
$16Average assets
$14,523Average earning assets
$1,454Average equity
$13,462Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
10730
Vermont State Bank
106 North Main Street, Vermont, IL 61484
June 09, 1947
Full Service Brick and Mortar
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