Boatmen's Bank of South Central Illinois in Mount Vernon, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 13, 1997

  • Boatmen's Bank of South Central Illinois in Mount Vernon, Illinois (IL)
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Boatmen's Bank of South Central Illinois - Overview

  • General
  • FDIC Certificate #: 11738
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of America, National Association (#15802)
    Federal Reserve ID: 389442
    Date Established: October 27, 1910
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 7507
    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: June 13, 1997
    Last Structure Change Process Date: June 24, 1997
    Last Data Update: June 24, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: Main And Ninth Streets, Mount Vernon, IL 62864
    County: Jefferson
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Mount Vernon
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Mount Vernon, IL (#34500)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $267.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $105Total assets
  • $234,842Cash and due from depository institutions
  • $5,893Interest-bearing balances
  • $113Securities
  • $41,173Federal funds sold & reverse repurchase agreements
  • $15,525Net loans & leases
  • $162,169Loan loss allowance
  • $2,911Trading account assets
  • $0Bank premises and fixed assets
  • $3,238Other real estate owned
  • $0Goodwill and other intangibles
  • $2,689Life insurance assets
  • $4,155All other assets
  • $0Total liabilities and capital
  • $234,842Total liabilities
  • $211,571Total deposits
  • $209,260Interest-bearing deposits
  • $184,510Deposits held in domestic offices
  • 209260.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $758Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,553Total equity capital
  • $1,553Total bank equity capital
  • $23,271Perpetual preferred stock
  • $0Common stock
  • $3,075Surplus
  • $13,842Undivided profits
  • Memoranda
  • $6,354Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,431Income earned, not collected on loans
  • $1,453Earning assets
  • $218,980Long-term assets (5+ years)
  • $13,533Average Assets, year-to-date
  • $236,216Average Assets, quarterly
  • $235,477Volatile liabilities
  • $10,605Insider loans
  • $2,624FHLB advances
  • $0Loans and leases held for sale
  • $126Unused loan commitments
  • $9,439Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $18,987Total risk weighted assets
  • $146,549Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $17,889Total interest expense
  • $8,101Net interest income
  • $9,788Provision for loan and lease losses
  • $439Total noninterest income
  • $1,592Fiduciary activities
  • $7Service charges on deposit accounts
  • $1,053Trading account gains & fees
  • $0Additional noninterest income
  • $532Total noninterest expense
  • $5,654Salaries and employee benefits
  • $2,897Premises and equipment expense
  • $694Additional noninterest expense
  • $2,063Pre-tax net operating income
  • $5,287Securities gains (losses)
  • $0Applicable income taxes
  • $1,914Income before extraordinary items
  • $3,373Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,373Net charge-offs
  • $479Cash dividends
  • $2,911Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.16%Cost of funding earning assets
  • 3.70%Net interest margin
  • 4.47%Noninterest income to earning assets
  • 0.73%Noninterest expense to earning assets
  • 2.58%Net operating income to assets
  • 1.43%Return on assets (ROA)
  • 1.43%Pretax return on assets
  • 2.24%Return on equity (ROE)
  • 14.71%Retained earnings to average equity (YTD only)
  • 2.02%Net charge-offs to loans
  • 0.29%Credit loss provision to net charge-offs
  • 91.65%Efficiency ratio
  • 45,791Assets per employee
  • 2.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 86.30%Loss allowance to loans
  • 1.76%Loss allowance to noncurrent loans
  • 84.84%Noncurrent assets plus other real estate owned to assets
  • 1.46%Noncurrent loans to loans
  • 2.08%Net loans and leases to deposits
  • 77.50%Net loans and leases to core deposits
  • 81.32%Equity capital to assets
  • 9.91%Core capital (leverage) ratio
  • 8.18%Tier 1 risk-based capital ratio
  • 12.96%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $236,216Average earning assets
  • $22,923Average equity
  • $219,183Average loans

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