FDIC Certificate #: 3684 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:State Bank of Bement (#10855) Federal Reserve ID: 632139 Date Established: January 01, 1902 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 2356 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: December 03, 2011 Last Structure Change Process Date: December 13, 2011 Last Data Update: December 13, 2011 Data Source Date: April 05, 2012
Location
Address: 301 Chapin St, Ivesdale, IL 61851 County: Champaign 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 Metropolitan Statistical Area (MSA): Champaign-Urbana, IL (#1400) Core Based Statistical Area (CBSA): Champaign-Urbana, IL (#16580) CBSA Metro Statistical Area: Champaign-Urbana, IL (#16580)
Financial Summary
Total assets: $11.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
3Total employees (full-time equivalent)
$12,147Total assets
$4,042Cash and due from depository institutions
$3,214Interest-bearing balances
$2,962Securities
$526Federal funds sold & reverse repurchase agreements
$4,246Net loans & leases
$61Loan loss allowance
$0Trading account assets
$196Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$175All other assets
$12,147Total liabilities and capital
$10,272Total liabilities
$10,251Total deposits
$7,990Interest-bearing deposits
$10,251Deposits held in domestic offices
100.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$21All other liabilities
$1,875Total equity capital
$1,875Total bank equity capital
$1,875Perpetual preferred stock
$0Common stock
$25Surplus
$75Undivided profits
Memoranda
$1,775Noncurrent loans and leases
$211Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$86Average Assets, year-to-date
$10,948Average Assets, quarterly
$743Volatile liabilities
$12,150Insider loans
$12,137FHLB advances
$2,235Loans and leases held for sale
$400Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$211Total unused commitments
$0Restructured Loans and leases
$61Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$432Total interest income
$63Total interest expense
$369Net interest income
$0Provision for loan and lease losses
$114Total noninterest income
$0Fiduciary activities
$83Service charges on deposit accounts
$0Trading account gains & fees
$31Additional noninterest income
$441Total noninterest expense
$200Salaries and employee benefits
$58Premises and equipment expense
$183Additional noninterest expense
$42Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$42Income before extraordinary items
$0Extraordinary gains - net
$42Net income attributable to bank
$0Net charge-offs
$42Cash dividends
$0Sale, conversion, retirement of capital stock, net
$20Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.90%Yield on earning assets
0.57%Cost of funding earning assets
3.33%Net interest margin
1.03%Noninterest income to earning assets
3.98%Noninterest expense to earning assets
0.35%Net operating income to assets
0.35%Return on assets (ROA)
0.35%Pretax return on assets
2.24%Return on equity (ROE)
1.18%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
91,304Assets per employee
4.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
47.62%Loss allowance to loans
1.42%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
41.42%Net loans and leases to core deposits
52.97%Equity capital to assets
15.44%Core capital (leverage) ratio
15.39%Tier 1 risk-based capital ratio
30.51%Total risk-based capital ratio
Memoranda
$32Average assets
$12,150Average earning assets
$1,872Average equity
$11,072Average loans
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