Andalusia Community Bank in Andalusia, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Andalusia Community Bank in Andalusia, Illinois (IL)
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Andalusia Community Bank - Overview

  • General
  • FDIC Certificate #: 22959
    Status: Active
    Federal Reserve ID: 589439
    Bank Holding Company (Regulatory Top Holder): Spector Properties, Inc (RSSDID: 3071908, Location: Chicago, IL)
    Date Established: October 01, 1979
    WWW: http://www.andalusiabank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 16064
    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: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: October 01, 1979
    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: 800 Sixth Avenue, East, Andalusia, IL 61232
    County: Rock Island
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Davenport-Moline-Rock Island, IA-IL (#1960)
    Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
    CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $54.3 mil
    Equity capital: $6.3 mil
    Deposits held in domestic offices: $46.2 mil
    Return on assets (ROA): 0.59% ($0.3 mil)
    Quarterly return on assets: 0.70% ($0.4 mil)
    Return on Equity (ROE): 5.09% ($0.3 mil)
    Quarterly return on equity: 6.04% ($0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.55% ($298.9 mil)
    Quarterly Pretax return on assets: 0.52% ($282.6 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
  • 13Total employees (full-time equivalent)
  • $54,344Total assets
  • $12,124Cash and due from depository institutions
  • $11,247Interest-bearing balances
  • $16,690Securities
  • $100Federal funds sold & reverse repurchase agreements
  • $24,159Net loans & leases
  • $269Loan loss allowance
  • $0Trading account assets
  • $662Bank premises and fixed assets
  • $0Other real estate owned
  • $49Goodwill and other intangibles
  • $54,344Life insurance assets
  • $560All other assets
  • $48,001Total liabilities and capital
  • $46,243Total liabilities
  • $41,135Total deposits
  • $46,243Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,250Trading liabilities
  • $0Other borrowed funds
  • $508Subordinated debt
  • $6,343All other liabilities
  • $6,343Total equity capital
  • $6,343Total bank equity capital
  • $0Perpetual preferred stock
  • $375Common stock
  • $625Surplus
  • $5,343Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,105Income earned, not collected on loans
  • $0Earning assets
  • $225Long-term assets (5+ years)
  • $52,196Average Assets, year-to-date
  • $17,104Average Assets, quarterly
  • $52,467Volatile liabilities
  • $54,174Insider loans
  • $26,746FHLB advances
  • $54,001Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,073Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,295Restructured Loans and leases
  • $252Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,192Total interest income
  • $596Total interest expense
  • $1,596Net interest income
  • $90Provision for loan and lease losses
  • $297Total noninterest income
  • $0Fiduciary activities
  • $151Service charges on deposit accounts
  • $0Trading account gains & fees
  • $146Additional noninterest income
  • $1,527Total noninterest expense
  • $746Salaries and employee benefits
  • $296Premises and equipment expense
  • $485Additional noninterest expense
  • $276Pre-tax net operating income
  • $14Securities gains (losses)
  • -$19Applicable income taxes
  • $309Income before extraordinary items
  • $0Extraordinary gains - net
  • $309Net income attributable to bank
  • $0Net charge-offs
  • $309Cash dividends
  • $12Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.40%Yield on earning assets
  • 1.20%Cost of funding earning assets
  • 3.21%Net interest margin
  • 0.60%Noninterest income to earning assets
  • 3.07%Noninterest expense to earning assets
  • 0.56%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.55%Pretax return on assets
  • 5.09%Return on equity (ROE)
  • 5.09%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 750.00%Credit loss provision to net charge-offs
  • 30.50%Efficiency ratio
  • 80,666Assets per employee
  • 4.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.10%Loss allowance to noncurrent loans
  • 24.34%Noncurrent assets plus other real estate owned to assets
  • 2.03%Noncurrent loans to loans
  • 4.52%Net loans and leases to deposits
  • 52.24%Net loans and leases to core deposits
  • 54.40%Equity capital to assets
  • 11.67%Core capital (leverage) ratio
  • 11.25%Tier 1 risk-based capital ratio
  • 22.71%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $52,467Average earning assets
  • $6,066Average equity
  • $49,793Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016064Andalusia Community Bank800 Sixth Avenue, East, Andalusia, IL 61232October 01, 1979Full Service Brick and Mortar
    2508185Moline Branch3907 16th Street, Moline, IL 61265April 12, 2010Full Service Retail

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