Villa Grove State Bank in city_name, state_name - Detailed Financial Reports, Location

Villa Grove State Bank in Villa Grove, Illinois (IL)
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Villa Grove State Bank routing number info

Villa Grove State Bank - Overview

General
FDIC Certificate #: 9273
Status: Active
Federal Reserve ID: 474245
Bank Holding Company (Regulatory Top Holder): Villa Grove Bancshares, Inc. (RSSDID: 1203237, Location: Villa Grove, IL)
Date Established: October 19, 1919
WWW: http://www.villagrovestatebank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 5932
Numeric code: 13
Regulator: FED
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: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
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: 10 North Main Street, Villa Grove, IL 61956
County: Douglas
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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $66.5 mil
Equity capital: $5.8 mil
Deposits held in domestic offices: $59.7 mil
Return on assets (ROA): 0.64% ($0.4 mil)
Quarterly return on assets: 0.47% ($0.3 mil)
Return on Equity (ROE): 7.66% ($0.5 mil)
Quarterly return on equity: 5.47% ($0.3 mil)
Net income: $0.4 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.65% ($432.0 mil)
Quarterly Pretax return on assets: 0.48% ($319.0 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
22Total employees (full-time equivalent)
$66,456Total assets
$6,428Cash and due from depository institutions
$5,101Interest-bearing balances
$8,065Securities
$331Federal funds sold & reverse repurchase agreements
$49,804Net loans & leases
$850Loan loss allowance
$0Trading account assets
$727Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$66,456Life insurance assets
$1,101All other assets
$60,673Total liabilities and capital
$59,727Total liabilities
$51,030Total deposits
$59,727Interest-bearing deposits
$89Deposits held in domestic offices
767.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$179Subordinated debt
$5,783All other liabilities
$5,783Total equity capital
$5,783Total bank equity capital
$0Perpetual preferred stock
$709Common stock
$1,998Surplus
$3,076Undivided profits
Memoranda
$0Noncurrent loans and leases
$108Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$491Income earned, not collected on loans
$0Earning assets
$676Long-term assets (5+ years)
$63,301Average Assets, year-to-date
$7,209Average Assets, quarterly
$68,342Volatile liabilities
$67,084Insider loans
$43,392FHLB advances
$68,626Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,762Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,718Restructured Loans and leases
$143Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,222Total interest income
$737Total interest expense
$2,485Net interest income
$553Provision for loan and lease losses
$195Total noninterest income
$0Fiduciary activities
$136Service charges on deposit accounts
$0Trading account gains & fees
$59Additional noninterest income
$1,686Total noninterest expense
$1,078Salaries and employee benefits
$205Premises and equipment expense
$403Additional noninterest expense
$441Pre-tax net operating income
$0Securities gains (losses)
$7Applicable income taxes
$434Income before extraordinary items
$0Extraordinary gains - net
$434Net income attributable to bank
$0Net charge-offs
$434Cash dividends
$230Sale, conversion, retirement of capital stock, net
$291Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.92%Yield on earning assets
1.13%Cost of funding earning assets
3.80%Net interest margin
0.30%Noninterest income to earning assets
2.58%Noninterest expense to earning assets
0.64%Net operating income to assets
0.64%Return on assets (ROA)
0.65%Pretax return on assets
7.66%Return on equity (ROE)
2.52%Retained earnings to average equity (YTD only)
0.44%Net charge-offs to loans
240.43%Credit loss provision to net charge-offs
4.32%Efficiency ratio
62,910Assets per employee
3.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
67.05%Loss allowance to loans
1.68%Loss allowance to noncurrent loans
173.12%Noncurrent assets plus other real estate owned to assets
0.74%Noncurrent loans to loans
0.97%Net loans and leases to deposits
83.39%Net loans and leases to core deposits
86.84%Equity capital to assets
8.70%Core capital (leverage) ratio
8.40%Tier 1 risk-based capital ratio
13.28%Total risk-based capital ratio
Memoranda
$15Average assets
$68,342Average earning assets
$5,666Average equity
$65,436Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$82Managed Assets
1Number of Accounts
$82Personal trust and agency accounts
$82Employee 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
$0Non-managed Assets
2Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

2 Illinois Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	5932	Villa Grove State Bank	10 North Main Street, Villa Grove, IL 61956	October 19, 1919	Full Service Brick and Mortar
2	219808	Drive-Up Facility	20 North Main Street, Villa Grove, IL 61956	January 10, 1990	Limited Service Facility

Villa Grove State Bank in Villa Grove, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Villa Grove State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Villa Grove State Bank in Villa Grove, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

Villa Grove State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Villa Grove State Bank in Villa Grove, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches