FDIC Certificate #: 10885 Status: Active Federal Reserve ID: 318639 Date Established: January 01, 1902 WWW:http://www.bankofchestnut.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 6966 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: Mortgage Lending 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: 100 Olive Street, Chestnut, IL 62518 County: Logan 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): Lincoln, IL (#30660) CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $15.7 mil Equity capital: $1.5 mil Deposits held in domestic offices: $13.8 mil Return on assets (ROA): 0.55% ($0.1 mil) Quarterly return on assets: 0.23% ($0.0 mil) Return on Equity (ROE): 5.84% ($0.1 mil) Quarterly return on equity: 2.39% ($0.0 mil) Net income: $0.1 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.71% ($111.6 mil) Quarterly Pretax return on assets: 0.61% ($95.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
5Total employees (full-time equivalent)
$15,722Total assets
$479Cash and due from depository institutions
$253Interest-bearing balances
$4,529Securities
$0Federal funds sold & reverse repurchase agreements
$10,235Net loans & leases
$121Loan loss allowance
$0Trading account assets
$153Bank premises and fixed assets
$37Other real estate owned
$0Goodwill and other intangibles
$15,722Life insurance assets
$289All other assets
$14,221Total liabilities and capital
$13,767Total liabilities
$10,458Total deposits
$13,767Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$400Trading liabilities
$0Other borrowed funds
$54Subordinated debt
$1,501All other liabilities
$1,501Total equity capital
$1,501Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$550Surplus
$851Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$22Income earned, not collected on loans
$0Earning assets
$131Long-term assets (5+ years)
$15,017Average Assets, year-to-date
$4,403Average Assets, quarterly
$15,750Volatile liabilities
$15,812Insider loans
$9,433FHLB advances
$15,891Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,470Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$722Restructured Loans and leases
$540Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$766Total interest income
$133Total interest expense
$633Net interest income
$29Provision for loan and lease losses
$4Total noninterest income
$0Fiduciary activities
$14Service charges on deposit accounts
$0Trading account gains & fees
-$10Additional noninterest income
$506Total noninterest expense
$273Salaries and employee benefits
$49Premises and equipment expense
$184Additional noninterest expense
$102Pre-tax net operating income
$10Securities gains (losses)
$26Applicable income taxes
$86Income before extraordinary items
$0Extraordinary gains - net
$86Net income attributable to bank
$0Net charge-offs
$86Cash dividends
$12Sale, conversion, retirement of capital stock, net
$16Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.24%Yield on earning assets
0.91%Cost of funding earning assets
4.33%Net interest margin
0.03%Noninterest income to earning assets
3.46%Noninterest expense to earning assets
0.50%Net operating income to assets
0.55%Return on assets (ROA)
0.71%Pretax return on assets
5.84%Return on equity (ROE)
4.75%Retained earnings to average equity (YTD only)
0.12%Net charge-offs to loans
241.67%Credit loss provision to net charge-offs
10.92%Efficiency ratio
79,435Assets per employee
3.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
18.60%Loss allowance to loans
1.17%Loss allowance to noncurrent loans
550.00%Noncurrent assets plus other real estate owned to assets
0.38%Noncurrent loans to loans
0.21%Net loans and leases to deposits
74.34%Net loans and leases to core deposits
82.50%Equity capital to assets
9.55%Core capital (leverage) ratio
9.25%Tier 1 risk-based capital ratio
15.58%Total risk-based capital ratio
Memoranda
$17Average assets
$15,750Average earning assets
$1,473Average equity
$14,618Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6966
Bank Of Chestnut
100 Olive Street, Chestnut, IL 62518
January 01, 1902
Full Service Brick and Mortar
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