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

This bank is inactive as of September 22, 1995

Banterra Bank of Norris City in Norris City, Illinois (IL)
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Banterra Bank of Norris City - Overview

General
FDIC Certificate #: 11723
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Banterra Bank Group (#16578)
Federal Reserve ID: 409443
Date Established: April 13, 1904
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 7497
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: January 01, 1934
Last Structure Change Effective Date: September 22, 1995
Last Structure Change Process Date: October 24, 1995
Last Data Update: October 24, 1995
Data Source Date: April 05, 2012
Location
Address: East Main Street, Norris City, IL 62869
County: White
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 Summary
Total assets: $40.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$11Total assets
$38,775Cash and due from depository institutions
$1,778Interest-bearing balances
$890Securities
$11,155Federal funds sold & reverse repurchase agreements
$1,100Net loans & leases
$23,714Loan loss allowance
$481Trading account assets
$0Bank premises and fixed assets
$313Other real estate owned
$0Goodwill and other intangibles
$715Life insurance assets
$0All other assets
$0Total liabilities and capital
$38,775Total liabilities
$35,044Total deposits
$34,841Interest-bearing deposits
$32,528Deposits held in domestic offices
34841.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$203Total equity capital
$203Total bank equity capital
$3,731Perpetual preferred stock
$0Common stock
$427Surplus
$1,073Undivided profits
Memoranda
$2,231Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$126Income earned, not collected on loans
$453Earning assets
$36,859Long-term assets (5+ years)
$1,267Average Assets, year-to-date
$36,853Average Assets, quarterly
$37,908Volatile liabilities
$7,276Insider loans
$664FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,671Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,803Total risk weighted assets
$25,385Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$2,706Total interest expense
$1,112Net interest income
$1,594Provision for loan and lease losses
$95Total noninterest income
$178Fiduciary activities
$0Service charges on deposit accounts
$114Trading account gains & fees
$0Additional noninterest income
$64Total noninterest expense
$693Salaries and employee benefits
$270Premises and equipment expense
$59Additional noninterest expense
$364Pre-tax net operating income
$984Securities gains (losses)
$2Applicable income taxes
$351Income before extraordinary items
$635Extraordinary gains - net
$0Net income attributable to bank
$635Net charge-offs
$15Cash dividends
$400Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.71%Cost of funding earning assets
3.17%Net interest margin
4.54%Noninterest income to earning assets
0.51%Noninterest expense to earning assets
1.98%Net operating income to assets
1.72%Return on assets (ROA)
1.72%Pretax return on assets
2.68%Return on equity (ROE)
17.42%Retained earnings to average equity (YTD only)
6.45%Net charge-offs to loans
0.06%Credit loss provision to net charge-offs
633.33%Efficiency ratio
39,108Assets per employee
3.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
62.99%Loss allowance to loans
1.99%Loss allowance to noncurrent loans
381.75%Noncurrent assets plus other real estate owned to assets
0.32%Noncurrent loans to loans
0.52%Net loans and leases to deposits
68.06%Net loans and leases to core deposits
86.03%Equity capital to assets
9.62%Core capital (leverage) ratio
9.95%Tier 1 risk-based capital ratio
14.98%Total risk-based capital ratio
Memoranda
$16Average assets
$36,853Average earning assets
$3,645Average equity
$35,084Average loans

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