Crossroads Bank in Effingham, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Crossroads Bank - Overview

  • General
  • FDIC Certificate #: 21486
    Status: Active
    Federal Reserve ID: 158741
    Bank Holding Company (Regulatory Top Holder): Omni Bancorp, Inc. (RSSDID: 1139859, Location: Effingham, IL)
    Date Established: March 12, 1974
    WWW: http://www.crossroadsbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 13726
    FDIC's unique #: 14859
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 12, 1974
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2000 South Banker Street, Effingham, IL 62401
    County: Effingham
    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): Effingham, IL (#20820)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $132.6 mil
    Equity capital: $17.0 mil
    Deposits held in domestic offices: $113.0 mil
    Return on assets (ROA): 1.21% ($1.6 mil)
    Quarterly return on assets: 1.27% ($1.7 mil)
    Return on Equity (ROE): 9.64% ($1.6 mil)
    Quarterly return on equity: 9.89% ($1.7 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.89% ($2,507.0 mil)
    Quarterly Pretax return on assets: 1.84% ($2,440.6 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)
  • $132,643Total assets
  • $8,907Cash and due from depository institutions
  • $4,542Interest-bearing balances
  • $21,368Securities
  • $1,837Federal funds sold & reverse repurchase agreements
  • $98,473Net loans & leases
  • $856Loan loss allowance
  • $0Trading account assets
  • $723Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $132,643Life insurance assets
  • $1,335All other assets
  • $115,653Total liabilities and capital
  • $113,028Total liabilities
  • $99,365Total deposits
  • $113,028Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 1759.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $866Subordinated debt
  • $16,990All other liabilities
  • $16,990Total equity capital
  • $16,990Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $2,900Surplus
  • $13,690Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $676Income earned, not collected on loans
  • $0Earning assets
  • $504Long-term assets (5+ years)
  • $126,220Average Assets, year-to-date
  • $22,656Average Assets, quarterly
  • $132,155Volatile liabilities
  • $132,738Insider loans
  • $105,980FHLB advances
  • $133,481Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $16,611Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,420Restructured Loans and leases
  • $3,073Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,008Total interest income
  • $1,574Total interest expense
  • $4,434Net interest income
  • $94Provision for loan and lease losses
  • $668Total noninterest income
  • $13Fiduciary activities
  • $348Service charges on deposit accounts
  • $0Trading account gains & fees
  • $307Additional noninterest income
  • $2,510Total noninterest expense
  • $1,222Salaries and employee benefits
  • $276Premises and equipment expense
  • $1,012Additional noninterest expense
  • $2,498Pre-tax net operating income
  • $0Securities gains (losses)
  • $905Applicable income taxes
  • $1,593Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,593Net income attributable to bank
  • $0Net charge-offs
  • $1,593Cash dividends
  • $65Sale, conversion, retirement of capital stock, net
  • $539Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.75%Yield on earning assets
  • 1.24%Cost of funding earning assets
  • 3.51%Net interest margin
  • 0.53%Noninterest income to earning assets
  • 1.99%Noninterest expense to earning assets
  • 1.21%Net operating income to assets
  • 1.21%Return on assets (ROA)
  • 1.89%Pretax return on assets
  • 9.64%Return on equity (ROE)
  • 6.38%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 144.62%Credit loss provision to net charge-offs
  • 39.88%Efficiency ratio
  • 49,196Assets per employee
  • 4.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 33.84%Loss allowance to loans
  • 0.86%Loss allowance to noncurrent loans
  • 126.63%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 0.68%Net loans and leases to deposits
  • 87.12%Net loans and leases to core deposits
  • 89.03%Equity capital to assets
  • 12.81%Core capital (leverage) ratio
  • 12.44%Tier 1 risk-based capital ratio
  • 15.67%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $132,155Average earning assets
  • $16,517Average equity
  • $126,431Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $2,603Managed Assets
  • 1Number of Accounts
  • $1,953Personal trust and agency accounts
  • $1,953Employee 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
  • 21Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $650Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $650Fiduciary accounts held in foreign offices

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014859Crossroads Bank2000 South Banker Street, Effingham, IL 62401March 12, 1974Full Service Brick and Mortar
    1252940Keller Drive Facility806 North Keller Drive, Effingham, IL 62401November 24, 1987Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Crossroads Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents