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


Bank of Yates City - Overview

  • General
  • FDIC Certificate #: 11715
    Status: Active
    Federal Reserve ID: 371849
    Bank Holding Company (Regulatory Top Holder): First Bancorp, Inc. (RSSDID: 1142297, Location: Yates City, IL)
    Date Established: January 01, 1871
    WWW: http://www.bankofyatescity.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 #: 7489
    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: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: September 08, 2008
    Last Structure Change Process Date: September 09, 2008
    Last Data Update: September 09, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 107 E Main Street, Yates City, IL 61572
    County: Knox
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Galesburg, IL (#23660)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $55.8 mil
    Equity capital: $6.5 mil
    Deposits held in domestic offices: $48.9 mil
    Return on assets (ROA): 0.81% ($0.5 mil)
    Quarterly return on assets: 0.91% ($0.5 mil)
    Return on Equity (ROE): 7.15% ($0.4 mil)
    Quarterly return on equity: 7.80% ($0.5 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.81% ($451.7 mil)
    Quarterly Pretax return on assets: 0.91% ($507.4 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
  • 13Total employees (full-time equivalent)
  • $55,762Total assets
  • $2,143Cash and due from depository institutions
  • $0Interest-bearing balances
  • $23,818Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $27,026Net loans & leases
  • $307Loan loss allowance
  • $0Trading account assets
  • $1,148Bank premises and fixed assets
  • $4Other real estate owned
  • $0Goodwill and other intangibles
  • $55,762Life insurance assets
  • $1,623All other assets
  • $49,290Total liabilities and capital
  • $48,911Total liabilities
  • $43,868Total deposits
  • $48,911Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $379Subordinated debt
  • $6,472All other liabilities
  • $6,472Total equity capital
  • $6,472Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $750Surplus
  • $5,472Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $234Income earned, not collected on loans
  • $0Earning assets
  • $455Long-term assets (5+ years)
  • $50,844Average Assets, year-to-date
  • $8,849Average Assets, quarterly
  • $54,120Volatile liabilities
  • $55,166Insider loans
  • $32,753FHLB advances
  • $54,833Loans and leases held for sale
  • $959Unused loan commitments
  • $184Tier 1 (core) risk-based capital
  • $5,975Tier 2 risk-based capital
  • $775Total risk weighted assets
  • $0Total unused commitments
  • $1,034Restructured Loans and leases
  • $1,551Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,324Total interest income
  • $522Total interest expense
  • $1,802Net interest income
  • $22Provision for loan and lease losses
  • $226Total noninterest income
  • $0Fiduciary activities
  • $104Service charges on deposit accounts
  • $0Trading account gains & fees
  • $122Additional noninterest income
  • $1,565Total noninterest expense
  • $789Salaries and employee benefits
  • $219Premises and equipment expense
  • $557Additional noninterest expense
  • $441Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $441Income before extraordinary items
  • $0Extraordinary gains - net
  • $441Net income attributable to bank
  • $0Net charge-offs
  • $441Cash dividends
  • $23Sale, conversion, retirement of capital stock, net
  • $153Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.60%Yield on earning assets
  • 1.03%Cost of funding earning assets
  • 3.57%Net interest margin
  • 0.45%Noninterest income to earning assets
  • 3.10%Noninterest expense to earning assets
  • 0.81%Net operating income to assets
  • 0.81%Return on assets (ROA)
  • 0.81%Pretax return on assets
  • 7.15%Return on equity (ROE)
  • 4.67%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 95.65%Credit loss provision to net charge-offs
  • 20.13%Efficiency ratio
  • 77,170Assets per employee
  • 4.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 34.69%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 131.20%Noncurrent assets plus other real estate owned to assets
  • 0.43%Noncurrent loans to loans
  • 0.86%Net loans and leases to deposits
  • 55.26%Net loans and leases to core deposits
  • 55.59%Equity capital to assets
  • 11.61%Core capital (leverage) ratio
  • 10.90%Tier 1 risk-based capital ratio
  • 18.24%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $54,120Average earning assets
  • $6,171Average equity
  • $50,471Average loans

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07489Bank Of Yates City107 E Main Street, Yates City, IL 61572January 01, 1871Full Service Brick and Mortar

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