Farmers and Traders State Bank of Meredosia in Meredosia, Illinois (IL)
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| Farmers and Traders State Bank of Meredosia | |
|---|---|
| General | FDIC Certificate #: 5725 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Prairie State Bank and Trust (#27362) Federal Reserve ID: 385248 Date Established: January 01, 1887 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 15443 FDIC's unique #: 3901 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: September 21, 2000 Last Structure Change Process Date: September 26, 2000 Last Data Update: September 26, 2000 Data Source Date: April 05, 2012 |
| Location | Address: Main Street, Meredosia, IL 62665 County: Morgan 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): Jacksonville, IL (#27300) CBSA Micro Statistical Area: Yes |
| Financial Summary | Total assets: $32.8 mil |
| Assets and Liabilities (December 31, 1999) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 13 |
| Total assets | $33,264 |
| Cash and due from depository institutions | $2,958 |
| Interest-bearing balances | $1,384 |
| Securities | $9,394 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $19,923 |
| Loan loss allowance | $147 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $474 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $515 |
| Life insurance assets | $0 |
| Total liabilities and capital | $33,264 |
| Total liabilities | $30,722 |
| Total deposits | $29,698 |
| Interest-bearing deposits | $26,730 |
| Deposits held in domestic offices | $29,698 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $845 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $179 |
| Total equity capital | $2,542 |
| Total bank equity capital | $2,542 |
| Perpetual preferred stock | $2,542 |
| Common stock | $0 |
| Surplus | $117 |
| Undivided profits | $1,383 |
| Memoranda | |
| Noncurrent loans and leases | $1,042 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $5,208 |
| Income earned, not collected on loans | $0 |
| Earning assets | $1 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $350 |
| Average Assets, quarterly | $30,701 |
| Volatile liabilities | $923 |
| Insider loans | $31,159 |
| FHLB advances | $32,342 |
| Loans and leases held for sale | $3,016 |
| Unused loan commitments | $273 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $0 |
| Total unused commitments | $5,208 |
| Restructured Loans and leases | $0 |
| Derivatives | $147 |
| Income and Expense (December 31, 1999) (Dollar figures in thousands) | |
| Total interest income | $2,141 |
| Total interest expense | $1,157 |
| Net interest income | $984 |
| Provision for loan and lease losses | $15 |
| Total noninterest income | $117 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $54 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $63 |
| Total noninterest expense | $728 |
| Salaries and employee benefits | $358 |
| Premises and equipment expense | $103 |
| Additional noninterest expense | $267 |
| Pre-tax net operating income | $358 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $119 |
| Income before extraordinary items | $239 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $239 |
| Net charge-offs | $0 |
| Cash dividends | $0 |
| Sale, conversion, retirement of capital stock, net | $3 |
| Net operating income | $91 |
| Performance and Condition Ratios (December 31, 1999) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 7.49% |
| Cost of funding earning assets | 4.05% |
| Net interest margin | 3.44% |
| Noninterest income to earning assets | 0.41% |
| Noninterest expense to earning assets | 2.55% |
| Net operating income to assets | 0.77% |
| Return on assets (ROA) | 0.77% |
| Pretax return on assets | 1.15% |
| Return on equity (ROE) | 9.76% |
| Retained earnings to average equity (YTD only) | 6.04% |
| Net charge-offs to loans | 0.02% |
| Credit loss provision to net charge-offs | 500.00% |
| Efficiency ratio | 124.33% |
| Assets per employee | $66,122 |
| Cash dividends to net income (YTD only) | 2.56% |
| Condition Ratios (%) | |
| Loss allowance to loans | 38.08% |
| Loss allowance to noncurrent loans | 0.73% |
| Noncurrent assets plus other real estate owned to assets | 14700.00% |
| Noncurrent loans to loans | 0.00% |
| Net loans and leases to deposits | 0.00% |
| Net loans and leases to core deposits | 67.09% |
| Equity capital to assets | 72.38% |
| Core capital (leverage) ratio | 7.64% |
| Tier 1 risk-based capital ratio | 8.06% |
| Total risk-based capital ratio | 12.36% |
| Memoranda | |
| Average assets | $13 |
| Average earning assets | $31,159 |
| Average equity | $2,450 |
| Average loans | $28,588 |
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BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.