Weldon State Bank & Trust in Weldon, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 05, 2000

Weldon State Bank & Trust in Weldon, Illinois (IL)
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Weldon State Bank & Trust - Overview

General
FDIC Certificate #: 16253
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Peoples State Bank of Mansfield (#10834)
Federal Reserve ID: 273046
Date Established: May 01, 1945
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 12496
FDIC's unique #: 10445
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: May 01, 1945
Last Structure Change Effective Date: June 05, 2000
Last Structure Change Process Date: June 19, 2000
Last Data Update: June 19, 2000
Data Source Date: April 05, 2012
Location
Address: Main Street, Weldon, IL 61882
County: De Witt
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
Financial Summary
Total assets: $11.4 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
6Total employees (full-time equivalent)
$12,533Total assets
$1,291Cash and due from depository institutions
$15Interest-bearing balances
$3,070Securities
$1,155Federal funds sold & reverse repurchase agreements
$6,356Net loans & leases
$98Loan loss allowance
$0Trading account assets
$373Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$288All other assets
$12,533Total liabilities and capital
$11,232Total liabilities
$10,602Total deposits
$9,013Interest-bearing deposits
$10,602Deposits held in domestic offices
0.00%% insured (estimated)
$103Federal funds purchased & repurchase agreements
$0Trading liabilities
$400Other borrowed funds
$0Subordinated debt
$127All other liabilities
$1,301Total equity capital
$1,301Total bank equity capital
$1,301Perpetual preferred stock
$0Common stock
$180Surplus
$520Undivided profits
Memoranda
$601Noncurrent loans and leases
$781Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$9Earning assets
$0Long-term assets (5+ years)
$168Average Assets, year-to-date
$10,596Average Assets, quarterly
$2,119Volatile liabilities
$11,882Insider loans
$12,778FHLB advances
$1,839Loans and leases held for sale
$456Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$781Total unused commitments
$0Restructured Loans and leases
$98Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$833Total interest income
$362Total interest expense
$471Net interest income
$12Provision for loan and lease losses
$62Total noninterest income
$0Fiduciary activities
$38Service charges on deposit accounts
$0Trading account gains & fees
$24Additional noninterest income
$402Total noninterest expense
$190Salaries and employee benefits
$67Premises and equipment expense
$145Additional noninterest expense
$119Pre-tax net operating income
$1Securities gains (losses)
$25Applicable income taxes
$95Income before extraordinary items
$0Extraordinary gains - net
$95Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$14Sale, conversion, retirement of capital stock, net
$58Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.96%Yield on earning assets
3.46%Cost of funding earning assets
4.50%Net interest margin
0.59%Noninterest income to earning assets
3.84%Noninterest expense to earning assets
0.79%Net operating income to assets
0.80%Return on assets (ROA)
1.01%Pretax return on assets
7.04%Return on equity (ROE)
2.74%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
85.71%Credit loss provision to net charge-offs
9.36%Efficiency ratio
75,422Assets per employee
2.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.05%Loss allowance to loans
1.52%Loss allowance to noncurrent loans
1088.89%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.14%Net loans and leases to deposits
59.95%Net loans and leases to core deposits
71.69%Equity capital to assets
10.38%Core capital (leverage) ratio
11.42%Tier 1 risk-based capital ratio
17.90%Total risk-based capital ratio
Memoranda
$19Average assets
$11,882Average earning assets
$1,350Average equity
$10,460Average loans

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