First County Bank in New Baden, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


First County Bank - Overview

  • General
  • FDIC Certificate #: 10887
    Status: Active
    Federal Reserve ID: 327949
    Bank Holding Company (Regulatory Top Holder): First Co Bancorp, Inc. (RSSDID: 1250473, Location: Collinsville, IL)
    Date Established: January 01, 1915
    WWW: http://www.fcbbanks.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 6968
    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: Mortgage 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: 14-22 East Hanover Street, New Baden, IL 62265
    County: Clinton
    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
    Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040)
    Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
    Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
    CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $387.5 mil
    Equity capital: $35.4 mil
    Deposits held in domestic offices: $347.1 mil
    Return on assets (ROA): 0.51% ($2.0 mil)
    Quarterly return on assets: -0.02% (-$0.1 mil)
    Return on Equity (ROE): 5.61% ($2.0 mil)
    Quarterly return on equity: -0.23% (-$0.1 mil)
    Net income: $2.0 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.82% ($3,177.6 mil)
    Quarterly Pretax return on assets: -0.07% (-$271.3 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
  • 68Total employees (full-time equivalent)
  • $387,517Total assets
  • $3,237Cash and due from depository institutions
  • $19Interest-bearing balances
  • $45,972Securities
  • $11,613Federal funds sold & reverse repurchase agreements
  • $310,866Net loans & leases
  • $5,679Loan loss allowance
  • $0Trading account assets
  • $7,333Bank premises and fixed assets
  • $875Other real estate owned
  • $803Goodwill and other intangibles
  • $387,517Life insurance assets
  • $6,818All other assets
  • $352,120Total liabilities and capital
  • $347,072Total liabilities
  • $323,109Total deposits
  • $347,072Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 4067.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $981Subordinated debt
  • $35,397All other liabilities
  • $35,397Total equity capital
  • $35,397Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $6,885Surplus
  • $28,312Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $6,516Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,279Income earned, not collected on loans
  • $0Earning assets
  • $1,099Long-term assets (5+ years)
  • $368,470Average Assets, year-to-date
  • $85,994Average Assets, quarterly
  • $392,227Volatile liabilities
  • $388,953Insider loans
  • $230,297FHLB advances
  • $389,832Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $34,326Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $34,470Restructured Loans and leases
  • $2,145Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $18,170Total interest income
  • $4,992Total interest expense
  • $13,178Net interest income
  • $4,600Provision for loan and lease losses
  • $3,367Total noninterest income
  • $0Fiduciary activities
  • $781Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,586Additional noninterest income
  • $8,726Total noninterest expense
  • $5,394Salaries and employee benefits
  • $690Premises and equipment expense
  • $2,642Additional noninterest expense
  • $3,219Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,229Applicable income taxes
  • $1,990Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,990Net income attributable to bank
  • $0Net charge-offs
  • $1,990Cash dividends
  • $1,596Sale, conversion, retirement of capital stock, net
  • $1,500Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.87%Yield on earning assets
  • 1.34%Cost of funding earning assets
  • 3.53%Net interest margin
  • 0.90%Noninterest income to earning assets
  • 2.34%Noninterest expense to earning assets
  • 0.51%Net operating income to assets
  • 0.51%Return on assets (ROA)
  • 0.82%Pretax return on assets
  • 5.61%Return on equity (ROE)
  • 1.38%Retained earnings to average equity (YTD only)
  • 0.50%Net charge-offs to loans
  • 288.22%Credit loss provision to net charge-offs
  • 4.90%Efficiency ratio
  • 52,741Assets per employee
  • 5.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 75.38%Loss allowance to loans
  • 1.79%Loss allowance to noncurrent loans
  • 173.19%Noncurrent assets plus other real estate owned to assets
  • 1.07%Noncurrent loans to loans
  • 1.04%Net loans and leases to deposits
  • 89.57%Net loans and leases to core deposits
  • 91.01%Equity capital to assets
  • 9.13%Core capital (leverage) ratio
  • 8.81%Tier 1 risk-based capital ratio
  • 14.91%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $392,227Average earning assets
  • $35,493Average equity
  • $373,068Average loans

List of branches

  • 5 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06968First County Bank14-22 East Hanover Street, New Baden, IL 62265January 01, 1915Full Service Brick and Mortar
    16954Albers Facility201 North Commercial Street, Albers, IL 62215January 01, 1901Full Service Brick and Mortar
    2223065Swansea Branch2610 North Illinois Street, Swansea, IL 62226July 19, 1999Full Service Brick and Mortar
    3433032O'fallon Branch1501 West Highway 50, O Fallon, IL 62269November 15, 2004Full Service Brick and Mortar
    4457853Trenton Branch5 South Madison Street, Trenton, IL 62293December 18, 2006Full Service Brick and Mortar

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