Arcola First Bank in Arcola, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Arcola First Bank - Overview

  • General
  • FDIC Certificate #: 3598
    Status: Active
    Federal Reserve ID: 659734
    Date Established: November 09, 1874
    WWW: http://www.arcolafnb.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 15820
    FDIC's unique #: 2288
    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: January 01, 1934
    Last Structure Change Effective Date: September 09, 2011
    Last Structure Change Process Date: October 07, 2011
    Last Data Update: October 07, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 127 South Oak Street, Arcola, IL 61910
    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
  • Change in Primary Regulatory Agency
    Change in Supervisory Agency
    Change in Chartering Agent
    Institution Withdraws from FRS (Federal Reserve System)
  • Financial Summary
  • Total assets: $119.4 mil
    Equity capital: $17.4 mil
    Deposits held in domestic offices: $101.8 mil
    Return on assets (ROA): 0.90% ($1.1 mil)
    Quarterly return on assets: -1.56% (-$1.9 mil)
    Return on Equity (ROE): 6.79% ($1.2 mil)
    Quarterly return on equity: -10.76% (-$1.8 mil)
    Net income: $1.1 mil
    Quarterly Net income: -$0.5 mil
    Pretax return on assets: 0.90% ($1,074.2 mil)
    Quarterly Pretax return on assets: -1.56% (-$1,862.0 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
  • 21Total employees (full-time equivalent)
  • $119,359Total assets
  • $16,071Cash and due from depository institutions
  • $4,050Interest-bearing balances
  • $88,090Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $13,810Net loans & leases
  • $659Loan loss allowance
  • $13Trading account assets
  • $149Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $119,359Life insurance assets
  • $1,226All other assets
  • $101,972Total liabilities and capital
  • $101,831Total liabilities
  • $87,812Total deposits
  • $101,831Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $141Subordinated debt
  • $17,387All other liabilities
  • $17,387Total equity capital
  • $17,387Total bank equity capital
  • $0Perpetual preferred stock
  • $136Common stock
  • $1,000Surplus
  • $16,251Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $995Long-term assets (5+ years)
  • $105,963Average Assets, year-to-date
  • $32,501Average Assets, quarterly
  • $116,809Volatile liabilities
  • $118,099Insider loans
  • $41,334FHLB advances
  • $114,810Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,176Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,732Restructured Loans and leases
  • $1,030Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,702Total interest income
  • $860Total interest expense
  • $2,842Net interest income
  • $0Provision for loan and lease losses
  • $332Total noninterest income
  • $2Fiduciary activities
  • $169Service charges on deposit accounts
  • $0Trading account gains & fees
  • $161Additional noninterest income
  • $2,121Total noninterest expense
  • $1,257Salaries and employee benefits
  • $177Premises and equipment expense
  • $687Additional noninterest expense
  • $1,053Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,053Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,053Net income attributable to bank
  • $0Net charge-offs
  • $1,053Cash dividends
  • -$1Sale, conversion, retirement of capital stock, net
  • $380Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.38%Yield on earning assets
  • 0.79%Cost of funding earning assets
  • 2.60%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 1.94%Noninterest expense to earning assets
  • 0.90%Net operating income to assets
  • 0.90%Return on assets (ROA)
  • 0.90%Pretax return on assets
  • 6.79%Return on equity (ROE)
  • 4.34%Retained earnings to average equity (YTD only)
  • -0.01%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 66,824Assets per employee
  • 5.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.09%Loss allowance to loans
  • 4.55%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 13.56%Net loans and leases to core deposits
  • 14.36%Equity capital to assets
  • 14.57%Core capital (leverage) ratio
  • 12.35%Tier 1 risk-based capital ratio
  • 34.30%Total risk-based capital ratio
  • Memoranda
  • $36Average assets
  • $116,809Average earning assets
  • $15,507Average equity
  • $109,473Average loans

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02288Arcola First Bank127 South Oak Street, Arcola, IL 61910November 09, 1874Full Service Brick and Mortar
    146405First Federal Tuscola Branch504 South Main Street, Tuscola, IL 61953August 17, 1990Full Service Brick and Mortar
    2282267Arthur Community Bank Branch201 South Vine, Arthur, IL 61911January 01, 1879Full Service Brick and Mortar

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