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
No
ID
Name
Address
Established
Service Type
Map
0
7489
Bank Of Yates City
107 E Main Street, Yates City, IL 61572
January 01, 1871
Full Service Brick and Mortar
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