First National Bank of Steeleville in Steeleville, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Steeleville - Overview

  • General
  • FDIC Certificate #: 1049
    Status: Active
    Federal Reserve ID: 129349
    Bank Holding Company (Regulatory Top Holder): Steeleville Bancshares, Inc. (RSSDID: 1099627, Location: Steeleville, IL)
    Date Established: November 01, 1902
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 701
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    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: 319 West Broadway, Steeleville, IL 62288
    County: Randolph
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $206.0 mil
    Equity capital: $24.8 mil
    Deposits held in domestic offices: $153.9 mil
    Return on assets (ROA): 1.25% ($2.6 mil)
    Quarterly return on assets: 1.73% ($3.6 mil)
    Return on Equity (ROE): 10.68% ($2.7 mil)
    Quarterly return on equity: 14.19% ($3.5 mil)
    Net income: $2.6 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 1.27% ($2,615.7 mil)
    Quarterly Pretax return on assets: 1.76% ($3,624.9 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
  • 41Total employees (full-time equivalent)
  • $205,962Total assets
  • $5,431Cash and due from depository institutions
  • $0Interest-bearing balances
  • $104,888Securities
  • $2,213Federal funds sold & reverse repurchase agreements
  • $86,211Net loans & leases
  • $1,256Loan loss allowance
  • $0Trading account assets
  • $739Bank premises and fixed assets
  • $208Other real estate owned
  • $0Goodwill and other intangibles
  • $205,962Life insurance assets
  • $6,272All other assets
  • $181,127Total liabilities and capital
  • $153,876Total liabilities
  • $141,840Total deposits
  • $153,876Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 25990.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,261Subordinated debt
  • $24,835All other liabilities
  • $24,835Total equity capital
  • $24,835Total bank equity capital
  • $0Perpetual preferred stock
  • $140Common stock
  • $2,500Surplus
  • $22,195Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,504Income earned, not collected on loans
  • $0Earning assets
  • $915Long-term assets (5+ years)
  • $193,312Average Assets, year-to-date
  • $42,682Average Assets, quarterly
  • $206,900Volatile liabilities
  • $206,650Insider loans
  • $106,614FHLB advances
  • $206,544Loans and leases held for sale
  • $4,707Unused loan commitments
  • $4,707Tier 1 (core) risk-based capital
  • $21,803Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,153Restructured Loans and leases
  • $667Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,167Total interest income
  • $2,419Total interest expense
  • $5,748Net interest income
  • $208Provision for loan and lease losses
  • $1,063Total noninterest income
  • $0Fiduciary activities
  • $641Service charges on deposit accounts
  • $0Trading account gains & fees
  • $422Additional noninterest income
  • $4,148Total noninterest expense
  • $2,585Salaries and employee benefits
  • $501Premises and equipment expense
  • $1,062Additional noninterest expense
  • $2,455Pre-tax net operating income
  • $166Securities gains (losses)
  • $36Applicable income taxes
  • $2,585Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,585Net income attributable to bank
  • $0Net charge-offs
  • $2,585Cash dividends
  • $47Sale, conversion, retirement of capital stock, net
  • $1,497Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.21%Yield on earning assets
  • 1.25%Cost of funding earning assets
  • 2.96%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 2.14%Noninterest expense to earning assets
  • 1.17%Net operating income to assets
  • 1.25%Return on assets (ROA)
  • 1.27%Pretax return on assets
  • 10.68%Return on equity (ROE)
  • 4.49%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 442.55%Credit loss provision to net charge-offs
  • 56.66%Efficiency ratio
  • 60,901Assets per employee
  • 5.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 57.91%Loss allowance to loans
  • 1.44%Loss allowance to noncurrent loans
  • 83.51%Noncurrent assets plus other real estate owned to assets
  • 0.83%Noncurrent loans to loans
  • 1.72%Net loans and leases to deposits
  • 56.03%Net loans and leases to core deposits
  • 60.70%Equity capital to assets
  • 12.06%Core capital (leverage) ratio
  • 10.56%Tier 1 risk-based capital ratio
  • 20.45%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $206,900Average earning assets
  • $24,207Average equity
  • $194,171Average loans

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0701First National Bank Of Steeleville319 West Broadway, Steeleville, IL 62288November 01, 1902Full Service Brick and Mortar
    1187789Percy Banking Center306 West Pine Street, Percy, IL 62272November 23, 1987Full Service Brick and Mortar
    2356914Sparta Banking Center143 West Broadway, Sparta, IL 62286October 28, 1999Full Service Brick and Mortar

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