Apple River State Bank in Apple River, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Apple River State Bank in Apple River, Illinois (IL)
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Apple River State Bank - Overview

  • General
  • FDIC Certificate #: 17453
    Status: Active
    Federal Reserve ID: 594938
    Bank Holding Company (Regulatory Top Holder): First Apple River Corporation (RSSDID: 1143052, Location: Apple River, IL)
    Date Established: January 05, 1948
    WWW: http://www.communitybankgalena.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 11442
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: June 01, 1955
    Last Structure Change Effective Date: March 30, 2008
    Last Structure Change Process Date: July 18, 2008
    Last Data Update: July 18, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 103 North Main Street, Apple River, IL 61001
    County: Jo Daviess
    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
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $266.8 mil
    Equity capital: $22.2 mil
    Deposits held in domestic offices: $235.2 mil
    Return on assets (ROA): 0.40% ($1.1 mil)
    Quarterly return on assets: 0.00% ($0.0 mil)
    Return on Equity (ROE): 4.68% ($1.0 mil)
    Quarterly return on equity: -0.04% (-$0.0 mil)
    Net income: $1.0 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.40% ($1,067.3 mil)
    Quarterly Pretax return on assets: -0.05% (-$133.4 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
  • 57Total employees (full-time equivalent)
  • $266,826Total assets
  • $16,543Cash and due from depository institutions
  • $5,736Interest-bearing balances
  • $79,906Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $161,627Net loans & leases
  • $2,039Loan loss allowance
  • $0Trading account assets
  • $4,186Bank premises and fixed assets
  • $881Other real estate owned
  • $874Goodwill and other intangibles
  • $266,826Life insurance assets
  • $2,809All other assets
  • $244,648Total liabilities and capital
  • $235,154Total liabilities
  • $208,924Total deposits
  • $235,154Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 8645.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $849Subordinated debt
  • $22,178All other liabilities
  • $22,178Total equity capital
  • $22,178Total bank equity capital
  • $0Perpetual preferred stock
  • $75Common stock
  • $4,725Surplus
  • $17,378Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $463Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,431Income earned, not collected on loans
  • $0Earning assets
  • $1,592Long-term assets (5+ years)
  • $247,269Average Assets, year-to-date
  • $66,926Average Assets, quarterly
  • $261,386Volatile liabilities
  • $263,841Insider loans
  • $186,510FHLB advances
  • $266,909Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $21,128Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $21,431Restructured Loans and leases
  • $627Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,808Total interest income
  • $3,002Total interest expense
  • $8,806Net interest income
  • $3,303Provision for loan and lease losses
  • $1,264Total noninterest income
  • $135Fiduciary activities
  • $439Service charges on deposit accounts
  • $0Trading account gains & fees
  • $690Additional noninterest income
  • $5,995Total noninterest expense
  • $3,299Salaries and employee benefits
  • $666Premises and equipment expense
  • $2,030Additional noninterest expense
  • $772Pre-tax net operating income
  • $268Securities gains (losses)
  • -$7Applicable income taxes
  • $1,047Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,047Net income attributable to bank
  • $0Net charge-offs
  • $1,047Cash dividends
  • $3,151Sale, conversion, retirement of capital stock, net
  • $994Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.84%Yield on earning assets
  • 1.23%Cost of funding earning assets
  • 3.61%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 2.46%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.40%Return on assets (ROA)
  • 0.40%Pretax return on assets
  • 4.68%Return on equity (ROE)
  • 0.24%Retained earnings to average equity (YTD only)
  • 1.85%Net charge-offs to loans
  • 104.82%Credit loss provision to net charge-offs
  • 1.29%Efficiency ratio
  • 58,888Assets per employee
  • 4.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 94.94%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 59.43%Noncurrent assets plus other real estate owned to assets
  • 1.62%Noncurrent loans to loans
  • 2.10%Net loans and leases to deposits
  • 68.73%Net loans and leases to core deposits
  • 75.63%Equity capital to assets
  • 8.31%Core capital (leverage) ratio
  • 7.92%Tier 1 risk-based capital ratio
  • 11.33%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $261,386Average earning assets
  • $22,376Average equity
  • $243,922Average 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
  • $25,599Managed Assets
  • 1Number of Accounts
  • $9,422Personal trust and agency accounts
  • $1,362Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $2,771Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $5,289Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 132Number of Accounts
  • $0Personal trust and agency accounts
  • $2,648Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $16,177Other retirement accounts
  • $0Corporate trust and agency accounts
  • $4,400Other fiduciary accounts
  • $6,393Fiduciary accounts held in foreign offices

List of branches

  • 6 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011442Apple River State Bank103 North Main Street, Apple River, IL 61001January 05, 1948Full Service Brick and Mortar
    22407Warren Branch135 Main Street, Warren, IL 61087January 01, 1933Full Service Brick and Mortar
    3364277Scales Mound Branch510 N. Main Street, Scales Mound, IL 61075November 30, 2001Full Service Brick and Mortar
    411167Hanover Branch215 Jefferson Street, Hanover, IL 61041July 15, 1952Full Service Brick and Mortar
    5240612Elizabeth Branch112 North Main Street, Elizabeth, IL 61028September 04, 1995Full Service Brick and Mortar
    6489586Galena BranchExchange Street, Galena, IL 61036March 23, 2009Full Service Brick and Mortar

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