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

This bank is inactive as of October 02, 1994

  • Bank of De Soto in De Soto, Illinois (IL)
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Bank of De Soto - Overview

  • General
  • FDIC Certificate #: 13564
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First National Bank and Trust Company, Carbondale, Illinois (#3772)
    Federal Reserve ID: 706647
    Date Established: January 01, 1920
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 8480
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 02, 1994
    Last Structure Change Process Date: October 27, 1994
    Last Data Update: October 27, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 102 North Chestnut Street, De Soto, IL 62924
    County: Jackson
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Mount Vernon
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Combined Statistical Area (CSA): Carbondale-Marion-Herrin, IL (#166)
    Core Based Statistical Area (CBSA): Carbondale, IL (#16060)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $19.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $11Total assets
  • $18,715Cash and due from depository institutions
  • $571Interest-bearing balances
  • $0Securities
  • $10,079Federal funds sold & reverse repurchase agreements
  • $500Net loans & leases
  • $7,136Loan loss allowance
  • $88Trading account assets
  • $0Bank premises and fixed assets
  • $231Other real estate owned
  • $0Goodwill and other intangibles
  • $198Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $18,715Total liabilities
  • $16,838Total deposits
  • $16,753Interest-bearing deposits
  • $14,925Deposits held in domestic offices
  • 16753.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $85Total equity capital
  • $85Total bank equity capital
  • $1,877Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $1,000Undivided profits
  • Memoranda
  • $677Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $78Earning assets
  • $17,715Long-term assets (5+ years)
  • $1,490Average Assets, year-to-date
  • $18,556Average Assets, quarterly
  • $18,552Volatile liabilities
  • $200Insider loans
  • $151FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $67Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,877Total risk weighted assets
  • $7,956Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,231Total interest expense
  • $509Net interest income
  • $722Provision for loan and lease losses
  • $26Total noninterest income
  • $125Fiduciary activities
  • $0Service charges on deposit accounts
  • $87Trading account gains & fees
  • $0Additional noninterest income
  • $38Total noninterest expense
  • $609Salaries and employee benefits
  • $279Premises and equipment expense
  • $70Additional noninterest expense
  • $260Pre-tax net operating income
  • $212Securities gains (losses)
  • $1Applicable income taxes
  • $48Income before extraordinary items
  • $165Extraordinary gains - net
  • $12Net income attributable to bank
  • $177Net charge-offs
  • $24Cash dividends
  • $93Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.05%Cost of funding earning assets
  • 2.91%Net interest margin
  • 4.13%Noninterest income to earning assets
  • 0.72%Noninterest expense to earning assets
  • 3.49%Net operating income to assets
  • 0.89%Return on assets (ROA)
  • 0.95%Pretax return on assets
  • 1.21%Return on equity (ROE)
  • 9.50%Retained earnings to average equity (YTD only)
  • 4.51%Net charge-offs to loans
  • 0.36%Credit loss provision to net charge-offs
  • 108.33%Efficiency ratio
  • 71,901Assets per employee
  • 1.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 52.54%Loss allowance to loans
  • 1.22%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
  • 42.60%Net loans and leases to core deposits
  • 43.11%Equity capital to assets
  • 10.03%Core capital (leverage) ratio
  • 10.10%Tier 1 risk-based capital ratio
  • 23.59%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $18,556Average earning assets
  • $1,863Average equity
  • $17,463Average loans

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