Banterra Bank of Christopher in Christopher, Illinois (IL)



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Banterra Bank of Christopher
GeneralFDIC Certificate #: 15938
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Banterra Bank (#17514)
Federal Reserve ID: 213042
Date Established: April 28, 1943
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 10169
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: April 28, 1943
Last Structure Change Effective Date: September 11, 1998
Last Structure Change Process Date: September 24, 1998
Last Data Update: September 24, 1998
Data Source Date: April 05, 2012
LocationAddress: 506 North Victor Street, Christopher, IL 62822
County: Franklin
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
Financial SummaryTotal assets: $55.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)
(Dollar figures in thousands)
Total employees (full-time equivalent)12
Total assets$54,437
Cash and due from depository institutions$2,088
Interest-bearing balances$99
Securities$29,878
Federal funds sold & reverse repurchase agreements$400
Net loans & leases$20,570
Loan loss allowance $540
Trading account assets$0
Bank premises and fixed assets$505
Other real estate owned$135
Goodwill and other intangibles$0
All other assets$861
Life insurance assets$0
Total liabilities and capital$54,437
Total liabilities$48,769
Total deposits$47,956
Interest-bearing deposits$44,564
Deposits held in domestic offices$47,956
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $559
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $254
Total equity capital$5,668
Total bank equity capital$5,668
Perpetual preferred stock$5,668
Common stock$0
Surplus$100
Undivided profits $1,900
Memoranda
Noncurrent loans and leases $3,668
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $261
Long-term assets (5+ years) $0
Average Assets, year-to-date $296
Average Assets, quarterly $50,947
Volatile liabilities $9,298
Insider loans $52,467
FHLB advances $53,474
Loans and leases held for sale $4,261
Unused loan commitments $1,004
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $713
Restructured Loans and leases $0
Derivatives$26,145
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Income and Expense (December 31, 1997)
(Dollar figures in thousands)
Total interest income $3,764
Total interest expense $1,888
Net interest income $1,876
Provision for loan and lease losses -$185
Total noninterest income $217
Fiduciary activities $0
Service charges on deposit accounts $128
Trading account gains & fees $0
Additional noninterest income $89
Total noninterest expense $724
Salaries and employee benefits $284
Premises and equipment expense $68
Additional noninterest expense $372
Pre-tax net operating income $1,554
Securities gains (losses) -$13
Applicable income taxes $490
Income before extraordinary items $1,051
Extraordinary gains - net $0
Net income attributable to bank $1,051
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $32
Net operating income $800
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Performance and Condition Ratios (December 31, 1997)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets7.58%
Cost of funding earning assets 3.80%
Net interest margin 3.78%
Noninterest income to earning assets 0.44%
Noninterest expense to earning assets 1.46%
Net operating income to assets 2.02%
Return on assets (ROA) 2.00%
Pretax return on assets 2.94%
Return on equity (ROE) 20.18%
Retained earnings to average equity (YTD only) 4.82%
Net charge-offs to loans 0.16%
Credit loss provision to net charge-offs -578.13%
Efficiency ratio42.78%
Assets per employee$34,591
Cash dividends to net income (YTD only)4.54%
Condition Ratios (%)
Loss allowance to loans 76.12%
Loss allowance to noncurrent loans 2.56%
Noncurrent assets plus other real estate owned to assets 206.90%
Noncurrent loans to loans 0.73%
Net loans and leases to deposits1.24%
Net loans and leases to core deposits 42.89%
Equity capital to assets 46.48%
Core capital (leverage) ratio 10.41%
Tier 1 risk-based capital ratio 10.57%
Total risk-based capital ratio 21.46%
Memoranda
Average assets$23
Average earning assets$52,467
Average equity $5,208
Average loans $49,637
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