Federated Bank in Onarga, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Federated Bank - Overview

  • General
  • FDIC Certificate #: 10464
    Status: Active
    Federal Reserve ID: 640143
    Bank Holding Company (Regulatory Top Holder): Admiral Family Banks, Inc. (RSSDID: 2357575, Location: Alsip, IL)
    Date Established: January 01, 1918
    WWW: http://www.federatedbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 6693
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending 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
  • Location
  • Address: 107 North Chestnut, Onarga, IL 60955
    County: Iroquois
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Champaign
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $72.0 mil
    Equity capital: $9.4 mil
    Deposits held in domestic offices: $62.5 mil
    Return on assets (ROA): -0.48% (-$0.3 mil)
    Quarterly return on assets: 0.34% ($0.2 mil)
    Return on Equity (ROE): -3.78% (-$0.3 mil)
    Quarterly return on equity: 2.59% ($0.2 mil)
    Net income: -$0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: -0.48% (-$345.6 mil)
    Quarterly Pretax return on assets: 0.34% ($244.8 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
  • 23Total employees (full-time equivalent)
  • $72,001Total assets
  • $12,362Cash and due from depository institutions
  • $11,503Interest-bearing balances
  • $11,553Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $41,599Net loans & leases
  • $630Loan loss allowance
  • $0Trading account assets
  • $1,794Bank premises and fixed assets
  • $620Other real estate owned
  • $3,271Goodwill and other intangibles
  • $72,001Life insurance assets
  • $802All other assets
  • $62,646Total liabilities and capital
  • $62,505Total liabilities
  • $44,934Total deposits
  • $62,505Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $141Subordinated debt
  • $9,355All other liabilities
  • $9,355Total equity capital
  • $9,355Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $8,350Surplus
  • $905Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,301Income earned, not collected on loans
  • $0Earning assets
  • $318Long-term assets (5+ years)
  • $64,655Average Assets, year-to-date
  • $8,414Average Assets, quarterly
  • $72,224Volatile liabilities
  • $70,900Insider loans
  • $44,114FHLB advances
  • $67,465Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,013Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,185Restructured Loans and leases
  • $1,181Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,873Total interest income
  • $314Total interest expense
  • $2,559Net interest income
  • $1,081Provision for loan and lease losses
  • $435Total noninterest income
  • $3Fiduciary activities
  • $182Service charges on deposit accounts
  • $0Trading account gains & fees
  • $250Additional noninterest income
  • $2,088Total noninterest expense
  • $1,021Salaries and employee benefits
  • $246Premises and equipment expense
  • $821Additional noninterest expense
  • -$175Pre-tax net operating income
  • -$170Securities gains (losses)
  • $0Applicable income taxes
  • -$345Income before extraordinary items
  • $0Extraordinary gains - net
  • -$345Net income attributable to bank
  • $0Net charge-offs
  • -$345Cash dividends
  • $908Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.43%Yield on earning assets
  • 0.48%Cost of funding earning assets
  • 3.95%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 3.22%Noninterest expense to earning assets
  • -0.24%Net operating income to assets
  • -0.48%Return on assets (ROA)
  • -0.48%Pretax return on assets
  • -3.78%Return on equity (ROE)
  • -3.78%Retained earnings to average equity (YTD only)
  • 2.18%Net charge-offs to loans
  • 119.05%Credit loss provision to net charge-offs
  • 1.00%Efficiency ratio
  • 69,739Assets per employee
  • 3.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 48.42%Noncurrent assets plus other real estate owned to assets
  • 2.67%Noncurrent loans to loans
  • 3.08%Net loans and leases to deposits
  • 66.55%Net loans and leases to core deposits
  • 66.55%Equity capital to assets
  • 12.99%Core capital (leverage) ratio
  • 8.91%Tier 1 risk-based capital ratio
  • 13.63%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $72,224Average earning assets
  • $9,128Average equity
  • $64,863Average 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
  • $756Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee 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
  • 2Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $756Other retirement accounts
  • $756Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 4 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06693Federated Bank107 North Chestnut, Onarga, IL 60955January 01, 1918Full Service Brick and Mortar
    1222428Loda FacilityOak And South First Streets, Loda, IL 60948October 18, 1985Full Service Brick and Mortar
    215731Chebanse FacilityFirst North And Chestnut Streets, Chebanse, IL 60922November 21, 1977Full Service Brick and Mortar
    3222429Bradley Branch327 South Kinzie Avenue, Bradley, IL 60915March 28, 1998Full Service Brick and Mortar

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