Bank of Bluffs in Bluffs, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Bluffs - Overview

  • General
  • FDIC Certificate #: 10883
    Status: Active
    Federal Reserve ID: 695947
    Bank Holding Company (Regulatory Top Holder): Scott Morgan Bancorp, Inc. (RSSDID: 3917873, Location: Bluffs, IL)
    Date Established: August 03, 1893
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 6965
    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: 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: 115 N. Bluffs St., Bluffs, IL 62621
    County: Scott
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Springfield Il
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Jacksonville, IL (#27300)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $53.2 mil
    Equity capital: $8.2 mil
    Deposits held in domestic offices: $45.0 mil
    Return on assets (ROA): 0.70% ($0.4 mil)
    Quarterly return on assets: 0.02% ($0.0 mil)
    Return on Equity (ROE): 4.48% ($0.4 mil)
    Quarterly return on equity: 0.15% ($0.0 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.70% ($372.3 mil)
    Quarterly Pretax return on assets: 0.02% ($10.6 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
  • 16Total employees (full-time equivalent)
  • $53,191Total assets
  • $7,957Cash and due from depository institutions
  • $4,770Interest-bearing balances
  • $17,318Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $26,411Net loans & leases
  • $197Loan loss allowance
  • $0Trading account assets
  • $866Bank premises and fixed assets
  • $73Other real estate owned
  • $0Goodwill and other intangibles
  • $53,191Life insurance assets
  • $566All other assets
  • $45,033Total liabilities and capital
  • $44,990Total liabilities
  • $38,170Total deposits
  • $44,990Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $43Subordinated debt
  • $8,158All other liabilities
  • $8,158Total equity capital
  • $8,158Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $550Surplus
  • $7,408Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $568Income earned, not collected on loans
  • $0Earning assets
  • $452Long-term assets (5+ years)
  • $48,499Average Assets, year-to-date
  • $26,439Average Assets, quarterly
  • $52,977Volatile liabilities
  • $54,403Insider loans
  • $28,159FHLB advances
  • $55,909Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,158Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $662Restructured Loans and leases
  • $2,530Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,221Total interest income
  • $476Total interest expense
  • $1,745Net interest income
  • $122Provision for loan and lease losses
  • $227Total noninterest income
  • $0Fiduciary activities
  • $163Service charges on deposit accounts
  • $0Trading account gains & fees
  • $64Additional noninterest income
  • $1,480Total noninterest expense
  • $877Salaries and employee benefits
  • $241Premises and equipment expense
  • $362Additional noninterest expense
  • $370Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $370Income before extraordinary items
  • $0Extraordinary gains - net
  • $370Net income attributable to bank
  • $0Net charge-offs
  • $370Cash dividends
  • $110Sale, conversion, retirement of capital stock, net
  • $380Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.61%Yield on earning assets
  • 0.99%Cost of funding earning assets
  • 3.63%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 3.08%Noninterest expense to earning assets
  • 0.70%Net operating income to assets
  • 0.70%Return on assets (ROA)
  • 0.70%Pretax return on assets
  • 4.48%Return on equity (ROE)
  • -0.12%Retained earnings to average equity (YTD only)
  • 0.41%Net charge-offs to loans
  • 110.91%Credit loss provision to net charge-offs
  • 4.47%Efficiency ratio
  • 75,051Assets per employee
  • 3.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 102.70%Loss allowance to loans
  • 0.74%Loss allowance to noncurrent loans
  • 34.68%Noncurrent assets plus other real estate owned to assets
  • 1.21%Noncurrent loans to loans
  • 2.13%Net loans and leases to deposits
  • 58.70%Net loans and leases to core deposits
  • 62.72%Equity capital to assets
  • 15.34%Core capital (leverage) ratio
  • 14.59%Tier 1 risk-based capital ratio
  • 28.97%Total risk-based capital ratio
  • Memoranda
  • $30Average assets
  • $52,977Average earning assets
  • $8,253Average equity
  • $48,129Average 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
  • $10,777Managed Assets
  • 1Number of Accounts
  • $10,777Personal trust and agency accounts
  • $10,777Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 26Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06965Bank Of Bluffs115 N. Bluffs St., Bluffs, IL 62621August 03, 1893Full Service Brick and Mortar
    1223061Meredosia Branch920 State Highway 104, Meredosia, IL 62665July 29, 1998Full Service Brick and Mortar

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