C. P. Burnett & Sons, Bankers in Eldorado, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 2006

C. P. Burnett & Sons, Bankers in Eldorado, Illinois (IL)
Show street view No street view available for this location

C. P. Burnett & Sons, Bankers - Overview

General
FDIC Certificate #: 1041
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Bank of Marion (#15565)
Federal Reserve ID: 636342
Date Established: January 01, 1921
WWW: http://www.burnettsbank.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 10039
FDIC's unique #: 694
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: October 01, 2006
Last Structure Change Process Date: November 08, 2006
Last Data Update: November 08, 2006
Data Source Date: April 05, 2012
Location
Address: 1023 Fourth Street, Eldorado, IL 62930
County: Saline
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
Core Based Statistical Area (CBSA): Harrisburg, IL (#25380)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $46.7 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, 2005)

Dollar figures in thousands
21Total employees (full-time equivalent)
$48,981Total assets
$1,364Cash and due from depository institutions
$6Interest-bearing balances
$32,087Securities
$2,693Federal funds sold & reverse repurchase agreements
$11,271Net loans & leases
$114Loan loss allowance
$0Trading account assets
$895Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$671All other assets
$48,981Total liabilities and capital
$44,250Total liabilities
$40,885Total deposits
$36,037Interest-bearing deposits
$40,885Deposits held in domestic offices
0.00%% insured (estimated)
$1,766Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,500Other borrowed funds
$0Subordinated debt
$99All other liabilities
$4,731Total equity capital
$4,731Total bank equity capital
$4,731Perpetual preferred stock
$0Common stock
$900Surplus
$4,150Undivided profits
Memoranda
$-319Noncurrent loans and leases
$1,917Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$27Earning assets
$0Long-term assets (5+ years)
$266Average Assets, year-to-date
$46,057Average Assets, quarterly
$5,697Volatile liabilities
$49,246Insider loans
$48,936FHLB advances
$6,596Loans and leases held for sale
$1,394Unused loan commitments
$1,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,917Total unused commitments
$0Restructured Loans and leases
$114Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$2,286Total interest income
$886Total interest expense
$1,400Net interest income
$269Provision for loan and lease losses
$136Total noninterest income
$0Fiduciary activities
$104Service charges on deposit accounts
$0Trading account gains & fees
$32Additional noninterest income
$1,430Total noninterest expense
$853Salaries and employee benefits
$168Premises and equipment expense
$409Additional noninterest expense
-$163Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$163Income before extraordinary items
$0Extraordinary gains - net
-$163Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$271Sale, conversion, retirement of capital stock, net
$7Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.94%Yield on earning assets
1.92%Cost of funding earning assets
3.03%Net interest margin
0.29%Noninterest income to earning assets
3.09%Noninterest expense to earning assets
-0.33%Net operating income to assets
-0.33%Return on assets (ROA)
-0.33%Pretax return on assets
-3.29%Return on equity (ROE)
-3.43%Retained earnings to average equity (YTD only)
2.43%Net charge-offs to loans
99.26%Credit loss provision to net charge-offs
0.39%Efficiency ratio
93,099Assets per employee
2.33%Cash dividends to net income (YTD only)
Condition Ratios (%)
-4.29%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
422.22%Noncurrent assets plus other real estate owned to assets
0.06%Noncurrent loans to loans
0.24%Net loans and leases to deposits
27.57%Net loans and leases to core deposits
31.26%Equity capital to assets
9.66%Core capital (leverage) ratio
10.35%Tier 1 risk-based capital ratio
31.67%Total risk-based capital ratio
Memoranda
$32Average assets
$49,246Average earning assets
$4,953Average equity
$46,264Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with C. P. Burnett & Sons, Bankers.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.