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


Community State Bank - Overview

  • General
  • FDIC Certificate #: 23257
    Status: Active
    Federal Reserve ID: 987231
    Bank Holding Company (Regulatory Top Holder): Galva Investment, Inc. (RSSDID: 1207860, Location: Galva, IL)
    Date Established: November 24, 1980
    WWW: http://www.commstatebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 16296
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 24, 1980
    Last Structure Change Effective Date: October 23, 2006
    Last Structure Change Process Date: June 22, 2010
    Last Data Update: June 22, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 625 S.E. 2nd Street, Galva, IL 61434
    County: Henry
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Davenport-Moline-Rock Island, IA-IL (#1960)
    Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
    CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $127.5 mil
    Equity capital: $13.5 mil
    Deposits held in domestic offices: $111.1 mil
    Return on assets (ROA): 1.11% ($1.4 mil)
    Quarterly return on assets: 1.51% ($1.9 mil)
    Return on Equity (ROE): 10.88% ($1.4 mil)
    Quarterly return on equity: 14.28% ($1.9 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.12% ($1,427.5 mil)
    Quarterly Pretax return on assets: 1.49% ($1,899.1 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, 2011)

  • Dollar figures in thousands
  • 29Total employees (full-time equivalent)
  • $127,459Total assets
  • $3,531Cash and due from depository institutions
  • $109Interest-bearing balances
  • $36,778Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $81,456Net loans & leases
  • $1,065Loan loss allowance
  • $0Trading account assets
  • $3,555Bank premises and fixed assets
  • $0Other real estate owned
  • $587Goodwill and other intangibles
  • $127,458Life insurance assets
  • $1,552All other assets
  • $113,981Total liabilities and capital
  • $111,133Total liabilities
  • $95,540Total deposits
  • $111,133Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 505.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $343Subordinated debt
  • $13,477All other liabilities
  • $13,477Total equity capital
  • $13,477Total bank equity capital
  • $0Perpetual preferred stock
  • $661Common stock
  • $5,224Surplus
  • $7,592Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $880Income earned, not collected on loans
  • $0Earning assets
  • $995Long-term assets (5+ years)
  • $118,343Average Assets, year-to-date
  • $43,902Average Assets, quarterly
  • $123,523Volatile liabilities
  • $126,269Insider loans
  • $91,722FHLB advances
  • $123,842Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,572Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,737Restructured Loans and leases
  • $3,160Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,773Total interest income
  • $1,323Total interest expense
  • $5,450Net interest income
  • $1,499Provision for loan and lease losses
  • $805Total noninterest income
  • $0Fiduciary activities
  • $343Service charges on deposit accounts
  • $0Trading account gains & fees
  • $462Additional noninterest income
  • $3,432Total noninterest expense
  • $1,882Salaries and employee benefits
  • $574Premises and equipment expense
  • $976Additional noninterest expense
  • $1,324Pre-tax net operating income
  • $57Securities gains (losses)
  • $12Applicable income taxes
  • $1,369Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,369Net income attributable to bank
  • $0Net charge-offs
  • $1,369Cash dividends
  • $1,523Sale, conversion, retirement of capital stock, net
  • $972Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.87%Yield on earning assets
  • 1.15%Cost of funding earning assets
  • 4.72%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 2.98%Noninterest expense to earning assets
  • 1.06%Net operating income to assets
  • 1.11%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 10.88%Return on equity (ROE)
  • 3.15%Retained earnings to average equity (YTD only)
  • 1.96%Net charge-offs to loans
  • 98.42%Credit loss provision to net charge-offs
  • 1.85%Efficiency ratio
  • 54,484Assets per employee
  • 4.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 71.00%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 121.02%Noncurrent assets plus other real estate owned to assets
  • 0.69%Noncurrent loans to loans
  • 1.07%Net loans and leases to deposits
  • 73.30%Net loans and leases to core deposits
  • 84.35%Equity capital to assets
  • 10.57%Core capital (leverage) ratio
  • 9.34%Tier 1 risk-based capital ratio
  • 12.62%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $123,523Average earning assets
  • $12,588Average equity
  • $115,345Average loans

List of branches

  • 5 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016296Community State Bank625 S.E. 2nd Street, Galva, IL 61434November 24, 1980Full Service Brick and Mortar
    1256092Kewanee Branch409 Tenney St, Kewanee, IL 61443June 30, 1997Full Service Brick and Mortar
    28538Neponset Whaples Branch120 W. Commercial St, Neponset, IL 61345December 27, 1919Full Service Brick and Mortar
    3464512Main Street Kewanee Branch300 North Main Street, Kewanee, IL 61443June 18, 2007Full Service Brick and Mortar
    442541Galva Branch300 Main, Galva, IL 61434January 01, 1882Full Service Brick and Mortar

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