Charter Bank, S.B. in Sparta, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 19, 1999

  • Charter Bank, S.B. in Sparta, Illinois (IL)
  • Show street view No street view available for this location

Charter Bank, S.B. - Overview

  • General
  • FDIC Certificate #: 27722
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Planters Bank, National Association (#4979)
    Federal Reserve ID: 870874
    Date Established: January 01, 1894
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 8 (Interstate: No)
    OTS Docket #: 174
    FDIC's unique #: 40556
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 15, 1936
    Last Structure Change Effective Date: March 19, 1999
    Last Structure Change Process Date: March 26, 1999
    Last Data Update: March 26, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 114 West Broadway, Sparta, IL 62286
    County: Randolph
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Mount Vernon
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • Financial Summary
  • Total assets: $359.6 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 82Total employees (full-time equivalent)
  • $359,564Total assets
  • $21,586Cash and due from depository institutions
  • $13,303Interest-bearing balances
  • $49,299Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $234,596Net loans & leases
  • $3,331Loan loss allowance
  • $0Trading account assets
  • $4,172Bank premises and fixed assets
  • $117Other real estate owned
  • $44,966Goodwill and other intangibles
  • $0Life insurance assets
  • $4,828All other assets
  • $359,564Total liabilities and capital
  • $300,472Total liabilities
  • $271,815Total deposits
  • $254,722Interest-bearing deposits
  • $271,815Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $24,912Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $121Other borrowed funds
  • $0Subordinated debt
  • $3,624All other liabilities
  • $59,092Total equity capital
  • $59,092Total bank equity capital
  • $59,092Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $57,978Undivided profits
  • Memoranda
  • $1,114Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,281Earning assets
  • $0Long-term assets (5+ years)
  • $1,627Average Assets, year-to-date
  • $297,198Average Assets, quarterly
  • $64,664Volatile liabilities
  • $378,574Insider loans
  • $363,565FHLB advances
  • $46,659Loans and leases held for sale
  • $35Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,768Total unused commitments
  • $0Restructured Loans and leases
  • $176,632Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $17,479Total interest income
  • $9,621Total interest expense
  • $7,858Net interest income
  • $452Provision for loan and lease losses
  • $859Total noninterest income
  • $0Fiduciary activities
  • $638Service charges on deposit accounts
  • $0Trading account gains & fees
  • $221Additional noninterest income
  • $5,931Total noninterest expense
  • $1,458Salaries and employee benefits
  • $737Premises and equipment expense
  • $3,736Additional noninterest expense
  • $2,334Pre-tax net operating income
  • $146Securities gains (losses)
  • $1,737Applicable income taxes
  • $743Income before extraordinary items
  • $0Extraordinary gains - net
  • $743Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,064Sale, conversion, retirement of capital stock, net
  • $33,937Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.21%Yield on earning assets
  • 2.87%Cost of funding earning assets
  • 2.34%Net interest margin
  • 0.26%Noninterest income to earning assets
  • 1.77%Noninterest expense to earning assets
  • 0.17%Net operating income to assets
  • 0.20%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 1.22%Return on equity (ROE)
  • -54.41%Retained earnings to average equity (YTD only)
  • 0.41%Net charge-offs to loans
  • 42.48%Credit loss provision to net charge-offs
  • 2.62%Efficiency ratio
  • 41,597Assets per employee
  • 4.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 4567.56%Loss allowance to loans
  • 1.40%Loss allowance to noncurrent loans
  • 146.03%Noncurrent assets plus other real estate owned to assets
  • 0.67%Noncurrent loans to loans
  • 0.96%Net loans and leases to deposits
  • 86.31%Net loans and leases to core deposits
  • 93.81%Equity capital to assets
  • 16.43%Core capital (leverage) ratio
  • 4.44%Tier 1 risk-based capital ratio
  • 7.79%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $378,574Average earning assets
  • $61,008Average equity
  • $335,230Average loans
1
Britni Pritchett
Aug 22, 2022 @ 2:14 pm
How do we find out about old accounts at this bank?

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