Cornerstone Bank & Trust, National Association in Carrollton, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 16, 2011

  • Cornerstone Bank & Trust, National Association in Carrollton, Illinois (IL)
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Cornerstone Bank & Trust, National Association routing number info

Cornerstone Bank & Trust, National Association - Overview

  • General
  • FDIC Certificate #: 15317
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: CNB Bank and Trust, N.A. (#3775)
    Federal Reserve ID: 764647
    Date Established: January 01, 1854
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 10034
    FDIC's unique #: 9655
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    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
  • Location
  • Address: 600 North Main Street, Carrollton, IL 62016
    County: Greene
    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
  • Financial Summary
  • Total assets: $144.3 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, 2010)

  • Dollar figures in thousands
  • 55Total employees (full-time equivalent)
  • $139,550Total assets
  • $9,187Cash and due from depository institutions
  • $21Interest-bearing balances
  • $18,219Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $98,073Net loans & leases
  • $1,727Loan loss allowance
  • $0Trading account assets
  • $3,510Bank premises and fixed assets
  • $1,504Other real estate owned
  • $3,217Goodwill and other intangibles
  • $673Life insurance assets
  • $5,840All other assets
  • $139,550Total liabilities and capital
  • $123,317Total liabilities
  • $117,883Total deposits
  • $102,941Interest-bearing deposits
  • $117,883Deposits held in domestic offices
  • 92.23%% insured (estimated)
  • $408Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,000Other borrowed funds
  • $0Subordinated debt
  • $1,026All other liabilities
  • $16,233Total equity capital
  • $16,233Total bank equity capital
  • $16,233Perpetual preferred stock
  • $0Common stock
  • $261Surplus
  • $14,464Undivided profits
  • Memoranda
  • $1,508Noncurrent loans and leases
  • $15,625Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,658Earning assets
  • $0Long-term assets (5+ years)
  • $1,160Average Assets, year-to-date
  • $116,313Average Assets, quarterly
  • $37,884Volatile liabilities
  • $136,775Insider loans
  • $145,888FHLB advances
  • $20,407Loans and leases held for sale
  • $494Unused loan commitments
  • $4,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $15,625Total unused commitments
  • $1,643Restructured Loans and leases
  • $1,398Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $6,432Total interest income
  • $1,694Total interest expense
  • $4,738Net interest income
  • $1,433Provision for loan and lease losses
  • $1,143Total noninterest income
  • $353Fiduciary activities
  • $446Service charges on deposit accounts
  • $0Trading account gains & fees
  • $344Additional noninterest income
  • $4,112Total noninterest expense
  • $2,393Salaries and employee benefits
  • $402Premises and equipment expense
  • $1,317Additional noninterest expense
  • $336Pre-tax net operating income
  • $4Securities gains (losses)
  • $28Applicable income taxes
  • $312Income before extraordinary items
  • $0Extraordinary gains - net
  • $312Net income attributable to bank
  • $0Net charge-offs
  • $312Cash dividends
  • $651Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.54%Yield on earning assets
  • 1.46%Cost of funding earning assets
  • 4.08%Net interest margin
  • 0.98%Noninterest income to earning assets
  • 3.54%Noninterest expense to earning assets
  • 0.23%Net operating income to assets
  • 0.23%Return on assets (ROA)
  • 0.25%Pretax return on assets
  • 1.99%Return on equity (ROE)
  • 1.99%Retained earnings to average equity (YTD only)
  • 0.64%Net charge-offs to loans
  • 220.12%Credit loss provision to net charge-offs
  • 2.72%Efficiency ratio
  • 67,710Assets per employee
  • 2.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.73%Loss allowance to noncurrent loans
  • 64.97%Noncurrent assets plus other real estate owned to assets
  • 2.98%Noncurrent loans to loans
  • 2.66%Net loans and leases to deposits
  • 83.20%Net loans and leases to core deposits
  • 96.26%Equity capital to assets
  • 11.63%Core capital (leverage) ratio
  • 8.57%Tier 1 risk-based capital ratio
  • 10.47%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $136,775Average earning assets
  • $15,675Average equity
  • $116,160Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $59,921Managed Assets
  • 1Number of Accounts
  • $35,635Personal trust and agency accounts
  • $35,635Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 97Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $24,286Other retirement accounts
  • $9,253Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $251Fiduciary accounts held in foreign offices

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