BankOrion in Orion, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


BankOrion - Overview

  • General
  • FDIC Certificate #: 11739
    Status: Active
    Federal Reserve ID: 855741
    Bank Holding Company (Regulatory Top Holder): Orion Bancorporation, Inc. (RSSDID: 1210048, Location: Orion, IL)
    Date Established: May 21, 1890
    WWW: http://www.bankorion.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 14017
    FDIC's unique #: 7508
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 09, 2011
    Last Structure Change Process Date: December 14, 2011
    Last Data Update: December 14, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1114 Fourth Street, Orion, IL 61273
    County: Henry
    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
    Metropolitan Statistical Area (MSA): Davenport-Moline-Rock Island, IA-IL (#1960)
    Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
    CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $404.8 mil
    Equity capital: $36.7 mil
    Deposits held in domestic offices: $342.9 mil
    Return on assets (ROA): 1.03% ($4.2 mil)
    Quarterly return on assets: 0.90% ($3.6 mil)
    Return on Equity (ROE): 10.61% ($3.9 mil)
    Quarterly return on equity: 9.34% ($3.5 mil)
    Net income: $3.5 mil
    Quarterly Net income: $0.8 mil
    Pretax return on assets: 1.37% ($5,546.1 mil)
    Quarterly Pretax return on assets: 1.14% ($4,615.0 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
  • 79Total employees (full-time equivalent)
  • $404,822Total assets
  • $30,025Cash and due from depository institutions
  • $16,956Interest-bearing balances
  • $164,590Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $188,070Net loans & leases
  • $2,025Loan loss allowance
  • $0Trading account assets
  • $5,687Bank premises and fixed assets
  • $598Other real estate owned
  • $6,444Goodwill and other intangibles
  • $404,822Life insurance assets
  • $9,408All other assets
  • $368,111Total liabilities and capital
  • $342,896Total liabilities
  • $306,869Total deposits
  • $342,896Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 4579.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,800Trading liabilities
  • $0Other borrowed funds
  • $3,836Subordinated debt
  • $36,711All other liabilities
  • $36,711Total equity capital
  • $36,711Total bank equity capital
  • $0Perpetual preferred stock
  • $1,200Common stock
  • $10,867Surplus
  • $24,644Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $142Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,587Income earned, not collected on loans
  • $0Earning assets
  • $1,952Long-term assets (5+ years)
  • $369,616Average Assets, year-to-date
  • $152,632Average Assets, quarterly
  • $341,177Volatile liabilities
  • $371,230Insider loans
  • $218,608FHLB advances
  • $343,573Loans and leases held for sale
  • $4,996Unused loan commitments
  • $3,635Tier 1 (core) risk-based capital
  • $27,242Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,361Total unused commitments
  • $32,991Restructured Loans and leases
  • $3,167Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,522Total interest income
  • $4,266Total interest expense
  • $10,256Net interest income
  • $199Provision for loan and lease losses
  • $1,279Total noninterest income
  • $0Fiduciary activities
  • $396Service charges on deposit accounts
  • $0Trading account gains & fees
  • $883Additional noninterest income
  • $6,749Total noninterest expense
  • $3,728Salaries and employee benefits
  • $803Premises and equipment expense
  • $2,218Additional noninterest expense
  • $4,587Pre-tax net operating income
  • $73Securities gains (losses)
  • $1,144Applicable income taxes
  • $3,516Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,516Net income attributable to bank
  • $0Net charge-offs
  • $3,516Cash dividends
  • $102Sale, conversion, retirement of capital stock, net
  • $618Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.65%Yield on earning assets
  • 1.37%Cost of funding earning assets
  • 3.28%Net interest margin
  • 0.41%Noninterest income to earning assets
  • 2.16%Noninterest expense to earning assets
  • 1.01%Net operating income to assets
  • 1.03%Return on assets (ROA)
  • 1.37%Pretax return on assets
  • 10.61%Return on equity (ROE)
  • 8.74%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 195.10%Credit loss provision to net charge-offs
  • 46.92%Efficiency ratio
  • 57,295Assets per employee
  • 5.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 17.58%Loss allowance to loans
  • 1.07%Loss allowance to noncurrent loans
  • 56.45%Noncurrent assets plus other real estate owned to assets
  • 1.03%Noncurrent loans to loans
  • 1.89%Net loans and leases to deposits
  • 54.85%Net loans and leases to core deposits
  • 57.57%Equity capital to assets
  • 9.07%Core capital (leverage) ratio
  • 7.93%Tier 1 risk-based capital ratio
  • 12.46%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $341,177Average earning assets
  • $33,146Average equity
  • $312,376Average loans

List of branches

  • 8 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07508Bankorion1114 Fourth Street, Orion, IL 61273May 21, 1890Full Service Brick and Mortar
    19157Cambridge Branch201 North Prospect, Cambridge, IL 61238July 27, 1934Full Service Brick and Mortar
    2231865Drive-In Facility112 South West Street, Cambridge, IL 61238June 05, 1978Limited Service Facility
    446322969th Avenue Moline Branch3701 69th Avenue, Moline, IL 61265May 22, 2007Full Service Brick and Mortar
    56962Annawan Branch302 West Front Street, Annawan, IL 61234Febuary 01, 1921Full Service Brick and Mortar
    647110244th Avenue Branch5301 44th Avenue, Moline, IL 61265January 21, 2008Full Service Brick and Mortar
    7473729Messenger Service In Moline5301 44th Avenue Drive, Moline, IL 61265April 01, 2008Limited Service Messenger
    89460Aledo Branch201 West Main Street, Aledo, IL 61231April 10, 1935Full Service Brick and Mortar

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