Busey Bank of McLean County in Le Roy, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 19, 1996

  • Busey Bank of McLean County in Le Roy, Illinois (IL)
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Busey Bank of McLean County - Overview

  • General
  • FDIC Certificate #: 9638
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Busey Bank (#16450)
    Federal Reserve ID: 359931
    Date Established: January 26, 1924
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 6162
    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: January 19, 1996
    Last Structure Change Process Date: Febuary 09, 1996
    Last Data Update: Febuary 09, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 East Cedar Street, Le Roy, IL 61752
    County: Mclean
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Champaign
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Bloomington-Normal, IL (#1040)
    Core Based Statistical Area (CBSA): Bloomington-Normal, IL (#14060)
    CBSA Metro Statistical Area: Bloomington-Normal, IL (#14060)
  • Financial Summary
  • Total assets: $83.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $30Total assets
  • $83,681Cash and due from depository institutions
  • $1,997Interest-bearing balances
  • $0Securities
  • $32,201Federal funds sold & reverse repurchase agreements
  • $5,050Net loans & leases
  • $40,923Loan loss allowance
  • $431Trading account assets
  • $0Bank premises and fixed assets
  • $2,025Other real estate owned
  • $0Goodwill and other intangibles
  • $1,485Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $83,681Total liabilities
  • $76,839Total deposits
  • $75,037Interest-bearing deposits
  • $68,451Deposits held in domestic offices
  • 75037.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $960Trading liabilities
  • $0Other borrowed funds
  • $323Subordinated debt
  • $0All other liabilities
  • $519Total equity capital
  • $519Total bank equity capital
  • $6,842Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $5,296Undivided profits
  • Memoranda
  • $1,346Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $50Income earned, not collected on loans
  • $836Earning assets
  • $78,174Long-term assets (5+ years)
  • $8,023Average Assets, year-to-date
  • $77,373Average Assets, quarterly
  • $81,637Volatile liabilities
  • $7,773Insider loans
  • $554FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $10,602Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,835Total risk weighted assets
  • $43,072Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,369Total interest expense
  • $2,961Net interest income
  • $2,408Provision for loan and lease losses
  • $0Total noninterest income
  • $453Fiduciary activities
  • $0Service charges on deposit accounts
  • $251Trading account gains & fees
  • $0Additional noninterest income
  • $202Total noninterest expense
  • $1,768Salaries and employee benefits
  • $1,032Premises and equipment expense
  • $164Additional noninterest expense
  • $572Pre-tax net operating income
  • $1,093Securities gains (losses)
  • -$5Applicable income taxes
  • $289Income before extraordinary items
  • $799Extraordinary gains - net
  • $0Net income attributable to bank
  • $799Net charge-offs
  • $67Cash dividends
  • $400Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.48%Cost of funding earning assets
  • 4.12%Net interest margin
  • 3.35%Noninterest income to earning assets
  • 0.63%Noninterest expense to earning assets
  • 2.46%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.03%Pretax return on assets
  • 1.41%Return on equity (ROE)
  • 12.33%Retained earnings to average equity (YTD only)
  • 6.16%Net charge-offs to loans
  • 0.17%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 61,552Assets per employee
  • 2.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 50.06%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 862.00%Noncurrent assets plus other real estate owned to assets
  • 0.06%Noncurrent loans to loans
  • 0.12%Net loans and leases to deposits
  • 54.54%Net loans and leases to core deposits
  • 59.70%Equity capital to assets
  • 8.18%Core capital (leverage) ratio
  • 8.37%Tier 1 risk-based capital ratio
  • 15.87%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $77,373Average earning assets
  • $6,482Average equity
  • $71,792Average loans

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