Farmers and Merchants State Bank of Bushnell in Bushnell, Illinois (IL)

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Farmers and Merchants State Bank of Bushnell routing number info

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Farmers and Merchants State Bank of Bushnell
GeneralFDIC Certificate #: 11324
Status: Active
Federal Reserve ID: 321330
Bank Holding Company (Regulatory Top Holder): Prairieland Bancorp Employee Stock Ownership Plan And Trust (RSSDID: 2397366, Location: Bushnell, IL)
Date Established: January 01, 1914
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 #: 13394
FDIC's unique #: 7232
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
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
LocationAddress: 484 East Main Street, Bushnell, IL 61422
County: Mcdonough
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
Core Based Statistical Area (CBSA): Macomb, IL (#31380)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $57.0 mil
Equity capital: $5.0 mil
Deposits held in domestic offices: $51.9 mil
Return on assets (ROA): 0.01% ($0.0 mil)
Quarterly return on assets: -0.68% (-$0.4 mil)
Return on Equity (ROE): 0.08% ($0.0 mil)
Quarterly return on equity: -7.56% (-$0.4 mil)
Net income: $0.0 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: -0.02% (-$11.4 mil)
Quarterly Pretax return on assets: -1.06% (-$604.2 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)
Total employees (full-time equivalent)22
Total assets$56,996
Cash and due from depository institutions$13,110
Interest-bearing balances$11,953
Federal funds sold & reverse repurchase agreements$1,004
Net loans & leases$30,835
Loan loss allowance $344
Trading account assets$0
Bank premises and fixed assets$1,003
Other real estate owned$422
Goodwill and other intangibles$0
All other assets$1,903
Life insurance assets$56,996
Total liabilities and capital$52,018
Total liabilities$51,929
Total deposits$39,394
Interest-bearing deposits$51,929
Deposits held in domestic offices$98
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$36
Other borrowed funds $0
Subordinated debt $53
All other liabilities $4,978
Total equity capital$4,978
Total bank equity capital$4,978
Perpetual preferred stock$0
Common stock$1,200
Undivided profits $2,578
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $6
Earning assets $0
Long-term assets (5+ years) $394
Average Assets, year-to-date $52,511
Average Assets, quarterly $14,749
Volatile liabilities $57,638
Insider loans $56,082
FHLB advances $35,187
Loans and leases held for sale $57,794
Unused loan commitments $572
Tier 1 (core) risk-based capital $572
Tier 2 risk-based capital $4,952
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $4,407
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,084
Total interest expense $377
Net interest income $1,707
Provision for loan and lease losses $45
Total noninterest income $205
Fiduciary activities $358
Service charges on deposit accounts $191
Trading account gains & fees $0
Additional noninterest income -$344
Total noninterest expense $2,009
Salaries and employee benefits $1,124
Premises and equipment expense $228
Additional noninterest expense $657
Pre-tax net operating income -$142
Securities gains (losses) $132
Applicable income taxes -$14
Income before extraordinary items $4
Extraordinary gains - net $0
Net income attributable to bank $4
Net charge-offs $0
Cash dividends $4
Sale, conversion, retirement of capital stock, net -$1
Net operating income $200
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.96%
Cost of funding earning assets 0.72%
Net interest margin 3.24%
Noninterest income to earning assets 0.39%
Noninterest expense to earning assets 3.82%
Net operating income to assets -0.14%
Return on assets (ROA) 0.01%
Pretax return on assets -0.02%
Return on equity (ROE) 0.08%
Retained earnings to average equity (YTD only) -3.89%
Net charge-offs to loans -0.00%
Credit loss provision to net charge-offs -4500.00%
Efficiency ratio0.00%
Assets per employee$105,073
Cash dividends to net income (YTD only)2.59%
Condition Ratios (%)
Loss allowance to loans 5000.00%
Loss allowance to noncurrent loans 1.10%
Noncurrent assets plus other real estate owned to assets 5733.33%
Noncurrent loans to loans 0.75%
Net loans and leases to deposits0.02%
Net loans and leases to core deposits 59.38%
Equity capital to assets 59.79%
Core capital (leverage) ratio 8.73%
Tier 1 risk-based capital ratio 8.57%
Total risk-based capital ratio 14.07%
Average assets$15
Average earning assets$57,638
Average equity $5,038
Average loans $52,635
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$56,107
Number of Accounts1
Personal trust and agency accounts$22,473
Employee benefit-defined contribution accounts$17,349
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$849
Investment management agency accounts$0
Other fiduciary accounts$2,375
Fiduciary accounts held in foreign offices$1,900
Non-managed Assets$0
Number of Accounts254
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$849
Employee benefit-defined benefit accounts$0
Other retirement accounts$33,634
Corporate trust and agency accounts$1,515
Other fiduciary accounts$3,302
Fiduciary accounts held in foreign offices$14,706
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2 Illinois Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
07232Farmers And Merchants State Bank Of484 East Main Street, Bushnell, IL 61422January 01, 1914Full Service Brick and Mortar
4463205Cole Street Branch429 Cole Street, Bushnell, IL 61422May 21, 2007Full Service Brick and Mortar
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