Bank of Findlay in Findlay, Illinois (IL)



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Bank of Findlay
GeneralFDIC Certificate #: 20547
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Shelby County State Bank (#11702)
Federal Reserve ID: 549330
Date Established: December 02, 1971
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 14181
Numeric code: 21
Regulator: FDIC
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: December 02, 1971
Last Structure Change Effective Date: July 01, 1993
Last Structure Change Process Date: July 22, 1993
Last Data Update: July 22, 1993
Data Source Date: April 05, 2012
LocationAddress: 207 East Division Street, Findlay, IL 62534
County: Shelby
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
Financial SummaryTotal assets: $8.2 mil
Assets and Liabilities (December 31, 1992)
(Dollar figures in thousands)
Total employees (full-time equivalent)0
Total assets$5
Cash and due from depository institutions$8,608
Interest-bearing balances$448
Securities$0
Federal funds sold & reverse repurchase agreements$2,543
Net loans & leases$0
Loan loss allowance $5,057
Trading account assets$65
Bank premises and fixed assets$0
Other real estate owned$163
Goodwill and other intangibles$74
All other assets$0
Life insurance assets$323
Total liabilities and capital$0
Total liabilities$8,608
Total deposits$7,943
Interest-bearing deposits$7,862
Deposits held in domestic offices$7,123
% insured (estimated)7862.00%
Federal funds purchased & repurchase agreements $98
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $0
Total equity capital$81
Total bank equity capital$81
Perpetual preferred stock$665
Common stock$0
Surplus$240
Undivided profits $435
Memoranda
Noncurrent loans and leases $-10
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $438
Earning assets $146
Long-term assets (5+ years) $7,600
Average Assets, year-to-date $363
Average Assets, quarterly $9,157
Volatile liabilities $8,979
Insider loans $401
FHLB advances $98
Loans and leases held for sale $0
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $665
Total unused commitments $4,734
Restructured Loans and leases $0
Derivatives$0
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Income and Expense (December 31, 1992)
(Dollar figures in thousands)
Total interest income $0
Total interest expense $716
Net interest income $407
Provision for loan and lease losses $309
Total noninterest income $9
Fiduciary activities $42
Service charges on deposit accounts $0
Trading account gains & fees $13
Additional noninterest income $0
Total noninterest expense $29
Salaries and employee benefits $362
Premises and equipment expense $172
Additional noninterest expense $44
Pre-tax net operating income $146
Securities gains (losses) -$20
Applicable income taxes $20
Income before extraordinary items $0
Extraordinary gains - net $0
Net income attributable to bank $0
Net charge-offs $0
Cash dividends $18
Sale, conversion, retirement of capital stock, net $0
Net operating income $100
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Performance and Condition Ratios (December 31, 1992)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets0.00%
Cost of funding earning assets 9.05%
Net interest margin 5.14%
Noninterest income to earning assets 3.90%
Noninterest expense to earning assets 0.53%
Net operating income to assets 4.57%
Return on assets (ROA) -0.22%
Pretax return on assets 0.00%
Return on equity (ROE) 0.00%
Retained earnings to average equity (YTD only) 0.00%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.33%
Efficiency ratio50.00%
Assets per employee$103,134
Cash dividends to net income (YTD only)1.72%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.27%
Noncurrent assets plus other real estate owned to assets 14.84%
Noncurrent loans to loans 5.95%
Net loans and leases to deposits8.55%
Net loans and leases to core deposits 64.32%
Equity capital to assets 67.78%
Core capital (leverage) ratio 7.73%
Tier 1 risk-based capital ratio 7.38%
Total risk-based capital ratio 14.05%
Memoranda
Average assets$15
Average earning assets$9,157
Average equity $624
Average loans $7,916
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