Commercial State Bank of Waterloo in Waterloo, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 13, 2009

  • Commercial State Bank of Waterloo in Waterloo, Illinois (IL)
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Commercial State Bank of Waterloo - Overview

  • General
  • FDIC Certificate #: 12392
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Midland States Bank (#1040)
    Federal Reserve ID: 268341
    Date Established: July 01, 1882
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    FDIC's unique #: 7880
    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: Febuary 13, 2009
    Last Structure Change Process Date: Febuary 17, 2009
    Last Data Update: Febuary 17, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: Main And Mill Streets, Waterloo, IL 62298
    County: Monroe
    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
    Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040)
    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 Summary
  • Total assets: $113.3 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, 2008)

  • Dollar figures in thousands
  • 42Total employees (full-time equivalent)
  • $113,309Total assets
  • $3,668Cash and due from depository institutions
  • $15Interest-bearing balances
  • $18,847Securities
  • $2,750Federal funds sold & reverse repurchase agreements
  • $78,663Net loans & leases
  • $1,083Loan loss allowance
  • $0Trading account assets
  • $5,812Bank premises and fixed assets
  • $1,250Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,319All other assets
  • $113,309Total liabilities and capital
  • $106,925Total liabilities
  • $97,812Total deposits
  • $83,918Interest-bearing deposits
  • $97,812Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,586Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $7,000Other borrowed funds
  • $0Subordinated debt
  • $527All other liabilities
  • $6,384Total equity capital
  • $6,384Total bank equity capital
  • $6,384Perpetual preferred stock
  • $0Common stock
  • $450Surplus
  • $1,100Undivided profits
  • Memoranda
  • $4,834Noncurrent loans and leases
  • $9,962Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,539Earning assets
  • $0Long-term assets (5+ years)
  • $581Average Assets, year-to-date
  • $100,275Average Assets, quarterly
  • $14,248Volatile liabilities
  • $131,965Insider loans
  • $118,072FHLB advances
  • $17,927Loans and leases held for sale
  • $2,999Unused loan commitments
  • $7,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $9,962Total unused commitments
  • $0Restructured Loans and leases
  • $918Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $7,218Total interest income
  • $3,564Total interest expense
  • $3,654Net interest income
  • $2,426Provision for loan and lease losses
  • $423Total noninterest income
  • $0Fiduciary activities
  • $289Service charges on deposit accounts
  • $0Trading account gains & fees
  • $134Additional noninterest income
  • $4,385Total noninterest expense
  • $1,923Salaries and employee benefits
  • $1,517Premises and equipment expense
  • $945Additional noninterest expense
  • -$2,734Pre-tax net operating income
  • -$1,996Securities gains (losses)
  • -$466Applicable income taxes
  • -$4,264Income before extraordinary items
  • $0Extraordinary gains - net
  • -$4,264Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,009Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.03%Yield on earning assets
  • 2.98%Cost of funding earning assets
  • 3.06%Net interest margin
  • 0.35%Noninterest income to earning assets
  • 3.67%Noninterest expense to earning assets
  • -1.87%Net operating income to assets
  • -3.23%Return on assets (ROA)
  • -3.58%Pretax return on assets
  • -49.94%Return on equity (ROE)
  • -49.94%Retained earnings to average equity (YTD only)
  • 2.24%Net charge-offs to loans
  • 120.76%Credit loss provision to net charge-offs
  • -0.15%Efficiency ratio
  • 107,555Assets per employee
  • 2.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.36%Loss allowance to noncurrent loans
  • 42.65%Noncurrent assets plus other real estate owned to assets
  • 3.34%Noncurrent loans to loans
  • 3.18%Net loans and leases to deposits
  • 80.42%Net loans and leases to core deposits
  • 93.12%Equity capital to assets
  • 5.63%Core capital (leverage) ratio
  • 5.45%Tier 1 risk-based capital ratio
  • 8.72%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $131,965Average earning assets
  • $8,539Average equity
  • $119,603Average loans

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