FDIC Certificate #: 58205 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:Midland States Bank (#1040) Federal Reserve ID: 3384840 Date Established: Febuary 07, 2006 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 441993 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: Febuary 07, 2006 Last Structure Change Effective Date: October 15, 2010 Last Structure Change Process Date: October 19, 2010 Last Data Update: October 19, 2010 Data Source Date: April 05, 2012
Location
Address: 17280 North Outer 40 Road, Chesterfield, MO 63005 County: St. Louis Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: St. Louis Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040) Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476) Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180) CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
Financial Summary
Total assets: $87.8 mil
2000 - 2011 Historical total assets, liabilities and capital ($ 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
15Total employees (full-time equivalent)
$102,567Total assets
$8,028Cash and due from depository institutions
$4,484Interest-bearing balances
$10,982Securities
$0Federal funds sold & reverse repurchase agreements
$75,728Net loans & leases
$2,674Loan loss allowance
$0Trading account assets
$1,279Bank premises and fixed assets
$4,936Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,614All other assets
$102,567Total liabilities and capital
$99,220Total liabilities
$80,530Total deposits
$77,222Interest-bearing deposits
$80,530Deposits held in domestic offices
96.51%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$18,500Other borrowed funds
$0Subordinated debt
$190All other liabilities
$3,347Total equity capital
$3,347Total bank equity capital
$3,347Perpetual preferred stock
$0Common stock
$6,250Surplus
$9,511Undivided profits
Memoranda
$-12,414Noncurrent loans and leases
$3,066Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$7,393Earning assets
$0Long-term assets (5+ years)
$517Average Assets, year-to-date
$91,194Average Assets, quarterly
$7,469Volatile liabilities
$118,599Insider loans
$106,886FHLB advances
$33,424Loans and leases held for sale
$2,625Unused loan commitments
$18,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,066Total unused commitments
$0Restructured Loans and leases
$1,054Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$6,048Total interest income
$3,438Total interest expense
$2,610Net interest income
$1,746Provision for loan and lease losses
-$668Total noninterest income
$0Fiduciary activities
$63Service charges on deposit accounts
$0Trading account gains & fees
-$731Additional noninterest income
$5,052Total noninterest expense
$1,492Salaries and employee benefits
$655Premises and equipment expense
$2,905Additional noninterest expense
-$4,856Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$4,856Income before extraordinary items
$0Extraordinary gains - net
-$4,856Net income attributable to bank
$0Net charge-offs
-$4,856Cash dividends
$1,638Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.61%Yield on earning assets
3.19%Cost of funding earning assets
2.42%Net interest margin
-0.62%Noninterest income to earning assets
4.69%Noninterest expense to earning assets
-4.09%Net operating income to assets
-4.09%Return on assets (ROA)
-4.09%Pretax return on assets
-79.15%Return on equity (ROE)
-79.15%Retained earnings to average equity (YTD only)
1.78%Net charge-offs to loans
106.59%Credit loss provision to net charge-offs
-1.90%Efficiency ratio
260,144Assets per employee
6.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.41%Loss allowance to noncurrent loans
36.17%Noncurrent assets plus other real estate owned to assets
12.02%Noncurrent loans to loans
9.43%Net loans and leases to deposits
94.04%Net loans and leases to core deposits
157.42%Equity capital to assets
3.26%Core capital (leverage) ratio
3.16%Tier 1 risk-based capital ratio
4.07%Total risk-based capital ratio
Memoranda
$5Average assets
$118,599Average earning assets
$6,135Average equity
$107,807Average loans
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