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


Bank of Chestnut - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    06966Bank Of Chestnut100 Olive Street, Chestnut, IL 62518January 01, 1902Full Service Brick and Mortar

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