Farmers State Bank Chadwick and Mount Carroll in Mount Carroll, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 01, 2001

Farmers State Bank Chadwick and Mount Carroll in Mount Carroll, Illinois (IL)
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Farmers State Bank Chadwick and Mount Carroll - Overview

General
FDIC Certificate #: 1805
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Metrobank, National Association (#12099)
Federal Reserve ID: 310231
Date Established: November 06, 1909
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 13446
FDIC's unique #: 1198
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 01, 1934
Last Structure Change Effective Date: November 01, 2001
Last Structure Change Process Date: November 19, 2001
Last Data Update: November 19, 2001
Data Source Date: April 05, 2012
Location
Address: Route 64, Mount Carroll, IL 61053
County: Carroll
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Kansas City
FDIC Field Office: Princeton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Financial Summary
Total assets: $66.4 mil

1992 - 1999 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, 2000)

Dollar figures in thousands
28Total employees (full-time equivalent)
$69,157Total assets
$2,325Cash and due from depository institutions
$18Interest-bearing balances
$14,177Securities
$1,580Federal funds sold & reverse repurchase agreements
$47,602Net loans & leases
$484Loan loss allowance
$0Trading account assets
$1,226Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,247All other assets
$69,157Total liabilities and capital
$63,741Total liabilities
$62,885Total deposits
$60,336Interest-bearing deposits
$62,885Deposits held in domestic offices
0.00%% insured (estimated)
$440Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$416All other liabilities
$5,416Total equity capital
$5,416Total bank equity capital
$5,416Perpetual preferred stock
$0Common stock
$360Surplus
$2,465Undivided profits
Memoranda
$2,591Noncurrent loans and leases
$3,565Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$389Earning assets
$0Long-term assets (5+ years)
$1,152Average Assets, year-to-date
$63,377Average Assets, quarterly
$7,861Volatile liabilities
$66,799Insider loans
$68,272FHLB advances
$10,214Loans and leases held for sale
$115Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,565Total unused commitments
$0Restructured Loans and leases
$484Derivatives

Income and Expense (December 31, 2000)

Dollar figures in thousands
$4,922Total interest income
$2,930Total interest expense
$1,992Net interest income
$116Provision for loan and lease losses
$347Total noninterest income
$0Fiduciary activities
$202Service charges on deposit accounts
$0Trading account gains & fees
$145Additional noninterest income
$1,387Total noninterest expense
$798Salaries and employee benefits
$263Premises and equipment expense
$326Additional noninterest expense
$836Pre-tax net operating income
$0Securities gains (losses)
$2Applicable income taxes
$834Income before extraordinary items
$0Extraordinary gains - net
$834Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$22Sale, conversion, retirement of capital stock, net
$562Net operating income

Performance and Condition Ratios (December 31, 2000)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.93%Yield on earning assets
4.72%Cost of funding earning assets
3.21%Net interest margin
0.56%Noninterest income to earning assets
2.24%Noninterest expense to earning assets
1.25%Net operating income to assets
1.25%Return on assets (ROA)
1.25%Pretax return on assets
16.71%Return on equity (ROE)
5.45%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
527.27%Credit loss provision to net charge-offs
43.27%Efficiency ratio
59,299Assets per employee
2.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
67.39%Loss allowance to loans
1.01%Loss allowance to noncurrent loans
124.42%Noncurrent assets plus other real estate owned to assets
0.56%Noncurrent loans to loans
0.81%Net loans and leases to deposits
75.70%Net loans and leases to core deposits
89.63%Equity capital to assets
7.83%Core capital (leverage) ratio
7.87%Tier 1 risk-based capital ratio
10.24%Total risk-based capital ratio
Memoranda
$11Average assets
$66,799Average earning assets
$4,992Average equity
$62,034Average loans

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