First Southern Bank in Carbondale, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Southern Bank - Overview

  • General
  • FDIC Certificate #: 3796
    Status: Active
    Federal Reserve ID: 719441
    Bank Holding Company (Regulatory Top Holder): First Southern Bancshares, Inc (RSSDID: 3110450, Location: Carbondale, IL)
    Date Established: January 01, 1905
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 2459
    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: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 30, 2006
    Last Structure Change Process Date: December 15, 2006
    Last Data Update: December 15, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 East Main Street, Carbondale, IL 62901
    County: Jackson
    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
    Combined Statistical Area (CSA): Carbondale-Marion-Herrin, IL (#166)
    Core Based Statistical Area (CBSA): Carbondale, IL (#16060)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $243.1 mil
    Equity capital: $23.0 mil
    Deposits held in domestic offices: $218.6 mil
    Return on assets (ROA): 0.81% ($2.0 mil)
    Quarterly return on assets: 0.87% ($2.1 mil)
    Return on Equity (ROE): 8.96% ($2.1 mil)
    Quarterly return on equity: 9.22% ($2.1 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.15% ($2,796.0 mil)
    Quarterly Pretax return on assets: 1.37% ($3,330.8 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
  • 44Total employees (full-time equivalent)
  • $243,127Total assets
  • $9,491Cash and due from depository institutions
  • $8,045Interest-bearing balances
  • $47,905Securities
  • $2,000Federal funds sold & reverse repurchase agreements
  • $168,298Net loans & leases
  • $3,093Loan loss allowance
  • $0Trading account assets
  • $6,661Bank premises and fixed assets
  • $1,308Other real estate owned
  • $26Goodwill and other intangibles
  • $243,127Life insurance assets
  • $7,438All other assets
  • $220,146Total liabilities and capital
  • $218,596Total liabilities
  • $194,187Total deposits
  • $218,596Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $272Trading liabilities
  • $0Other borrowed funds
  • $1,278Subordinated debt
  • $22,981All other liabilities
  • $22,981Total equity capital
  • $22,981Total bank equity capital
  • $0Perpetual preferred stock
  • $60Common stock
  • $12,348Surplus
  • $10,573Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,706Income earned, not collected on loans
  • $0Earning assets
  • $909Long-term assets (5+ years)
  • $226,248Average Assets, year-to-date
  • $49,450Average Assets, quarterly
  • $238,032Volatile liabilities
  • $241,296Insider loans
  • $184,106FHLB advances
  • $242,517Loans and leases held for sale
  • $3,727Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $22,348Tier 2 risk-based capital
  • $3,727Total risk weighted assets
  • $0Total unused commitments
  • $13,628Restructured Loans and leases
  • $6,127Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,546Total interest income
  • $2,047Total interest expense
  • $9,499Net interest income
  • $1,675Provision for loan and lease losses
  • $809Total noninterest income
  • $0Fiduciary activities
  • $263Service charges on deposit accounts
  • $0Trading account gains & fees
  • $546Additional noninterest income
  • $5,909Total noninterest expense
  • $2,932Salaries and employee benefits
  • $683Premises and equipment expense
  • $2,294Additional noninterest expense
  • $2,724Pre-tax net operating income
  • $11Securities gains (losses)
  • $798Applicable income taxes
  • $1,937Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,937Net income attributable to bank
  • $0Net charge-offs
  • $1,937Cash dividends
  • $2,401Sale, conversion, retirement of capital stock, net
  • $150Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.22%Yield on earning assets
  • 0.93%Cost of funding earning assets
  • 4.29%Net interest margin
  • 0.37%Noninterest income to earning assets
  • 2.67%Noninterest expense to earning assets
  • 0.81%Net operating income to assets
  • 0.81%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 8.96%Return on equity (ROE)
  • 8.27%Retained earnings to average equity (YTD only)
  • 1.34%Net charge-offs to loans
  • 69.76%Credit loss provision to net charge-offs
  • 1.83%Efficiency ratio
  • 56,820Assets per employee
  • 5.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 7.74%Loss allowance to loans
  • 1.80%Loss allowance to noncurrent loans
  • 46.12%Noncurrent assets plus other real estate owned to assets
  • 3.30%Noncurrent loans to loans
  • 3.91%Net loans and leases to deposits
  • 76.99%Net loans and leases to core deposits
  • 83.78%Equity capital to assets
  • 9.45%Core capital (leverage) ratio
  • 9.22%Tier 1 risk-based capital ratio
  • 12.14%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $238,032Average earning assets
  • $21,614Average equity
  • $221,202Average loans

List of branches

  • 4 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02459First Southern Bank301 East Main Street, Carbondale, IL 62901January 01, 1905Full Service Brick and Mortar
    3457106Grand Tower Branch628 Front Street, Grand Tower, IL 62942November 30, 2006Full Service Brick and Mortar
    4473065Murphysboro Branch109 East Walnut Street, Murphysboro, IL 62966March 06, 2008Full Service Brick and Mortar
    5473073Carbondale West Branch2500 West Murphysboro Road, Carbondale, IL 62901March 06, 2008Full Service Brick and Mortar

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