Community State Bank in Salem, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 1995

  • Community State Bank in Salem, Illinois (IL)
  • Show street view No street view available for this location

Community State Bank - Overview

  • General
  • FDIC Certificate #: 17931
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Boatmen's Bank of South Central Illinois (#11738)
    Federal Reserve ID: 427746
    Date Established: January 09, 1959
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 11867
    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 09, 1959
    Last Structure Change Effective Date: June 01, 1995
    Last Structure Change Process Date: June 27, 1995
    Last Data Update: June 27, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 401 West Main Street, Salem, IL 62881
    County: Marion
    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): Centralia, IL (#16460)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $80.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $36Total assets
  • $79,207Cash and due from depository institutions
  • $4,518Interest-bearing balances
  • $385Securities
  • $18,676Federal funds sold & reverse repurchase agreements
  • $4,028Net loans & leases
  • $49,755Loan loss allowance
  • $670Trading account assets
  • $0Bank premises and fixed assets
  • $1,525Other real estate owned
  • $0Goodwill and other intangibles
  • $705Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $79,207Total liabilities
  • $72,969Total deposits
  • $72,712Interest-bearing deposits
  • $61,572Deposits held in domestic offices
  • 72712.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $257Total equity capital
  • $257Total bank equity capital
  • $6,238Perpetual preferred stock
  • $0Common stock
  • $375Surplus
  • $2,125Undivided profits
  • Memoranda
  • $3,738Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $56Income earned, not collected on loans
  • $343Earning assets
  • $72,844Long-term assets (5+ years)
  • $2,258Average Assets, year-to-date
  • $78,540Average Assets, quarterly
  • $79,112Volatile liabilities
  • $6,470Insider loans
  • $2,641FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,406Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,505Total risk weighted assets
  • $49,707Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,325Total interest expense
  • $2,191Net interest income
  • $3,134Provision for loan and lease losses
  • $70Total noninterest income
  • $524Fiduciary activities
  • $0Service charges on deposit accounts
  • $359Trading account gains & fees
  • $0Additional noninterest income
  • $165Total noninterest expense
  • $2,397Salaries and employee benefits
  • $1,086Premises and equipment expense
  • $388Additional noninterest expense
  • $923Pre-tax net operating income
  • $1,191Securities gains (losses)
  • $0Applicable income taxes
  • $318Income before extraordinary items
  • $873Extraordinary gains - net
  • $0Net income attributable to bank
  • $873Net charge-offs
  • $18Cash dividends
  • $131Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.28%Cost of funding earning assets
  • 3.00%Net interest margin
  • 4.28%Noninterest income to earning assets
  • 0.72%Noninterest expense to earning assets
  • 3.28%Net operating income to assets
  • 1.11%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 1.52%Return on equity (ROE)
  • 14.39%Retained earnings to average equity (YTD only)
  • 12.23%Net charge-offs to loans
  • 0.04%Credit loss provision to net charge-offs
  • 388.89%Efficiency ratio
  • 65,528Assets per employee
  • 2.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 15.01%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 1196.43%Noncurrent assets plus other real estate owned to assets
  • 0.07%Noncurrent loans to loans
  • 0.11%Net loans and leases to deposits
  • 68.43%Net loans and leases to core deposits
  • 75.11%Equity capital to assets
  • 7.88%Core capital (leverage) ratio
  • 8.27%Tier 1 risk-based capital ratio
  • 13.09%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $78,540Average earning assets
  • $6,065Average equity
  • $73,147Average loans

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