Blackhawk Bank & Trust in Milan, Illinois (IL), IA
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Blackhawk Bank & Trust in Milan, Illinois (IL), IA
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Blackhawk Bank & Trust - Overview

  • General
  • FDIC Certificate #: 18402
    Status: Active
    Federal Reserve ID: 890742
    Bank Holding Company (Regulatory Top Holder): Blackhawk Bancorporation, Inc. (RSSDID: 1823345, Location: Milan, IL)
    Date Established: June 28, 1961
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 16 (Domestic: 16, Interstate: Yes)
    OTS Docket #: 11017
    FDIC's unique #: 12308
    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: Commercial Lending Specialization
    Date of Deposit Insurance: June 28, 1961
    Last Structure Change Effective Date: October 14, 2011
    Last Structure Change Process Date: October 17, 2011
    Last Data Update: October 17, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 4th Street West, Milan, IL 61264
    County: Rock Island
    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
  • Participated in FDIC Assisted Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $1,009.6 mil
    Equity capital: $91.7 mil
    Deposits held in domestic offices: $808.0 mil
    Return on assets (ROA): 1.32% ($13.3 mil)
    Quarterly return on assets: 1.55% ($15.7 mil)
    Return on Equity (ROE): 14.26% ($13.1 mil)
    Quarterly return on equity: 16.02% ($14.7 mil)
    Net income: $11.9 mil
    Quarterly Net income: $3.6 mil
    Pretax return on assets: 1.96% ($19,787.8 mil)
    Quarterly Pretax return on assets: 2.44% ($24,633.8 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
  • 204Total employees (full-time equivalent)
  • $1,009,581Total assets
  • $45,490Cash and due from depository institutions
  • $26,469Interest-bearing balances
  • $494,023Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $427,899Net loans & leases
  • $4,650Loan loss allowance
  • $0Trading account assets
  • $17,486Bank premises and fixed assets
  • $4,039Other real estate owned
  • $2,680Goodwill and other intangibles
  • $1,009,581Life insurance assets
  • $17,964All other assets
  • $917,840Total liabilities and capital
  • $807,993Total liabilities
  • $713,475Total deposits
  • $807,993Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 10019.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $94,015Trading liabilities
  • $0Other borrowed funds
  • $5,813Subordinated debt
  • $91,741All other liabilities
  • $91,741Total equity capital
  • $91,741Total bank equity capital
  • $0Perpetual preferred stock
  • $3,200Common stock
  • $5,300Surplus
  • $83,241Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $15,293Income earned, not collected on loans
  • $0Earning assets
  • $6,059Long-term assets (5+ years)
  • $948,391Average Assets, year-to-date
  • $423,801Average Assets, quarterly
  • $895,383Volatile liabilities
  • $938,036Insider loans
  • $581,807FHLB advances
  • $1,032,051Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $82,896Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $52,762Restructured Loans and leases
  • $3,952Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $40,522Total interest income
  • $8,500Total interest expense
  • $32,022Net interest income
  • $3,450Provision for loan and lease losses
  • $5,616Total noninterest income
  • $155Fiduciary activities
  • $1,151Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,310Additional noninterest income
  • $18,304Total noninterest expense
  • $9,720Salaries and employee benefits
  • $3,026Premises and equipment expense
  • $5,558Additional noninterest expense
  • $15,884Pre-tax net operating income
  • $1,643Securities gains (losses)
  • $5,664Applicable income taxes
  • $11,863Income before extraordinary items
  • $0Extraordinary gains - net
  • $11,863Net income attributable to bank
  • $0Net charge-offs
  • $11,863Cash dividends
  • $3,408Sale, conversion, retirement of capital stock, net
  • $1,808Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.80%Yield on earning assets
  • 1.01%Cost of funding earning assets
  • 3.80%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 2.17%Noninterest expense to earning assets
  • 1.20%Net operating income to assets
  • 1.32%Return on assets (ROA)
  • 1.96%Pretax return on assets
  • 14.26%Return on equity (ROE)
  • 12.09%Retained earnings to average equity (YTD only)
  • 0.84%Net charge-offs to loans
  • 101.23%Credit loss provision to net charge-offs
  • 5.67%Efficiency ratio
  • 47,043Assets per employee
  • 4.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 15.24%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 30.41%Noncurrent assets plus other real estate owned to assets
  • 2.40%Noncurrent loans to loans
  • 3.54%Net loans and leases to deposits
  • 52.96%Net loans and leases to core deposits
  • 55.24%Equity capital to assets
  • 9.09%Core capital (leverage) ratio
  • 8.03%Tier 1 risk-based capital ratio
  • 14.25%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $895,383Average earning assets
  • $83,194Average equity
  • $843,536Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $23,728Managed Assets
  • 1Number of Accounts
  • $14,638Personal trust and agency accounts
  • $13,509Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $1,129Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 43Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $9,090Other retirement accounts
  • $8,853Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 13 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012308Blackhawk Bank & Trust301 4th Street West, Milan, IL 61264June 28, 1961Full Service Brick and Mortar
    1245286Drive-In Facility300 Fourth Street, West, Milan, IL 61264April 23, 1973Limited Service Facility
    2245287Lil'hawk Facility4610 38th Street, Rock Island, IL 61201April 28, 1981Full Service Brick and Mortar
    314080Coal Valley Facility200 First Street, Coal Valley, IL 61240June 01, 1971Full Service Brick and Mortar
    4250968Moline Valley Facility4100 - 44th Avenue, Moline, IL 61265July 14, 1980Full Service Brick and Mortar
    5245288Geneseo Facility225 U S Highway 6 East, Geneseo, IL 61254August 21, 1997Full Service Brick and Mortar
    611009Silvis Branch11th Street And 1st Avenue, Silvis, IL 61282January 01, 1950Full Service Brick and Mortar
    713605Colona Branch107 First Street, Colona, IL 61241May 01, 1968Full Service Brick and Mortar
    8239540Moline Branch3600 70th Street, Moline, IL 61265June 08, 1998Full Service Brick and Mortar
    9452993East Moline Branch1315 Avenue Of The Cities, East Moline, IL 61244July 18, 2006Full Service Brick and Mortar
    13478961Parkway Branch2009 E. 10th Avenue, Milan, IL 61264January 28, 2008Full Service Brick and Mortar
    1479500Country Bank Branch1308 Southeast 4th Street, Aledo, IL 61231March 08, 2000Full Service Brick and Mortar
    15423201Edgington Branch13917 134th Avenue, West, Taylor Ridge, IL 61284October 20, 2003Full Service Brick and Mortar
  • 3 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    1039813889 Elmore Avenue Branch3889 Elmore Avenue, Davenport, IA 52807April 08, 1908Full Service Brick and Mortar
    1113449Leclaire Branch323 South Second Street, Leclaire, IA 52753December 01, 1966Full Service Brick and Mortar
    12360182Princeton Branch335 River Drive, Princeton, IA 52768April 02, 2001Full Service Brick and Mortar

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