Citizens State Bank of Shipman in Shipman, Illinois (IL)



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Citizens State Bank of Shipman routing number info

Table of contents:
Citizens State Bank of Shipman
GeneralFDIC Certificate #: 5760
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: CNB Bank and Trust, N.A. (#3775)
Federal Reserve ID: 247449
Date Established: Febuary 15, 1926
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 9792
FDIC's unique #: 3930
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: July 16, 2011
Last Structure Change Process Date: July 20, 2011
Last Data Update: July 20, 2011
Data Source Date: April 05, 2012
LocationAddress: 111 Keating Street, Shipman, IL 62685
County: Macoupin
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Springfield Il
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
Financial SummaryTotal assets: $60.5 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, 2010)
(Dollar figures in thousands)
Total employees (full-time equivalent)16
Total assets$56,494
Cash and due from depository institutions$5,056
Interest-bearing balances$94
Securities$16,158
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$29,111
Loan loss allowance $594
Trading account assets$0
Bank premises and fixed assets$533
Other real estate owned$1,033
Goodwill and other intangibles$959
All other assets$3,644
Life insurance assets$1,649
Total liabilities and capital$56,494
Total liabilities$51,667
Total deposits$47,000
Interest-bearing deposits$40,228
Deposits held in domestic offices$47,000
% insured (estimated)97.48%
Federal funds purchased & repurchase agreements $1,258
Trading liabilities$0
Other borrowed funds $2,650
Subordinated debt $0
All other liabilities $759
Total equity capital$4,827
Total bank equity capital$4,827
Perpetual preferred stock$4,827
Common stock$0
Surplus$380
Undivided profits $3,913
Memoranda
Noncurrent loans and leases $534
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $5,414
Income earned, not collected on loans $0
Earning assets $1,138
Long-term assets (5+ years) $0
Average Assets, year-to-date $460
Average Assets, quarterly $45,363
Volatile liabilities $18,778
Insider loans $56,005
FHLB advances $56,012
Loans and leases held for sale $7,678
Unused loan commitments $193
Tier 1 (core) risk-based capital $2,650
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $5,414
Restructured Loans and leases $0
Derivatives$481
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Income and Expense (December 31, 2010)
(Dollar figures in thousands)
Total interest income $2,545
Total interest expense $791
Net interest income $1,754
Provision for loan and lease losses $342
Total noninterest income $329
Fiduciary activities $0
Service charges on deposit accounts $90
Trading account gains & fees $0
Additional noninterest income $239
Total noninterest expense $1,582
Salaries and employee benefits $824
Premises and equipment expense $126
Additional noninterest expense $632
Pre-tax net operating income $159
Securities gains (losses) $0
Applicable income taxes -$15
Income before extraordinary items $174
Extraordinary gains - net $0
Net income attributable to bank $174
Net charge-offs $0
Cash dividends $174
Sale, conversion, retirement of capital stock, net $42
Net operating income $400
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Performance and Condition Ratios (December 31, 2010)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.39%
Cost of funding earning assets 1.67%
Net interest margin 3.71%
Noninterest income to earning assets 0.70%
Noninterest expense to earning assets 3.35%
Net operating income to assets 0.31%
Return on assets (ROA) 0.31%
Pretax return on assets 0.28%
Return on equity (ROE) 3.45%
Retained earnings to average equity (YTD only) -4.48%
Net charge-offs to loans 0.14%
Credit loss provision to net charge-offs 814.29%
Efficiency ratio11.93%
Assets per employee$75,948
Cash dividends to net income (YTD only)3.53%
Condition Ratios (%)
Loss allowance to loans 229.89%
Loss allowance to noncurrent loans 2.00%
Noncurrent assets plus other real estate owned to assets 52.20%
Noncurrent loans to loans 3.84%
Net loans and leases to deposits3.83%
Net loans and leases to core deposits 61.94%
Equity capital to assets 69.93%
Core capital (leverage) ratio 8.54%
Tier 1 risk-based capital ratio 6.53%
Total risk-based capital ratio 9.60%
Memoranda
Average assets$11
Average earning assets$56,005
Average equity $5,044
Average loans $47,233
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