First State Bank in city_name, state_name - Detailed Financial Reports, Location

First State Bank in Mendota, Illinois (IL)
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First State Bank - Overview

General
FDIC Certificate #: 15752
Status: Active
Federal Reserve ID: 887340
Bank Holding Company (Regulatory Top Holder): Tri-County Financial Group, Inc. (RSSDID: 1139345, Location: Mendota, IL)
Date Established: July 06, 1940
WWW: http://www.firststatebank.biz
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 16 (Domestic: 16, Interstate: No)
OTS Docket #: 12733
FDIC's unique #: 10003
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: All Other Specialization < 1 Billion
Date of Deposit Insurance: July 06, 1940
Last Structure Change Effective Date: Febuary 25, 2011
Last Structure Change Process Date: Febuary 28, 2011
Last Data Update: Febuary 28, 2011
Data Source Date: April 05, 2012
Location
Address: 706-8 Washington Street, Mendota, IL 61342
County: La Salle
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Princeton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Ottawa-Streator, IL (#36860)
CBSA Micro Statistical Area: Yes
History of Changes
Participated in FDIC Assisted Absorption/Consolidation/Merger
Financial Summary
Total assets: $751.6 mil
Equity capital: $69.9 mil
Deposits held in domestic offices: $619.5 mil
Return on assets (ROA): 1.27% ($9.6 mil)
Quarterly return on assets: 0.12% ($0.9 mil)
Return on Equity (ROE): 15.15% ($10.6 mil)
Quarterly return on equity: 1.22% ($0.9 mil)
Net income: $8.8 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 2.00% ($15,032.8 mil)
Quarterly Pretax return on assets: 0.06% ($451.0 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
454Total employees (full-time equivalent)
$751,641Total assets
$29,609Cash and due from depository institutions
$18,983Interest-bearing balances
$105,672Securities
$599Federal funds sold & reverse repurchase agreements
$564,119Net loans & leases
$5,566Loan loss allowance
$0Trading account assets
$20,784Bank premises and fixed assets
$5,230Other real estate owned
$7,772Goodwill and other intangibles
$751,641Life insurance assets
$17,856All other assets
$681,696Total liabilities and capital
$619,550Total liabilities
$552,428Total deposits
$619,550Interest-bearing deposits
$92Deposits held in domestic offices
6194.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$44,000Trading liabilities
$0Other borrowed funds
$11,952Subordinated debt
$69,945All other liabilities
$69,945Total equity capital
$69,945Total bank equity capital
$0Perpetual preferred stock
$1,305Common stock
$40,424Surplus
$28,216Undivided profits
Memoranda
$0Noncurrent loans and leases
$196,630Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$13,404Income earned, not collected on loans
$0Earning assets
$3,378Long-term assets (5+ years)
$689,373Average Assets, year-to-date
$326,596Average Assets, quarterly
$690,475Volatile liabilities
$725,199Insider loans
$483,048FHLB advances
$741,854Loans and leases held for sale
$5,251Unused loan commitments
$2,103Tier 1 (core) risk-based capital
$61,562Tier 2 risk-based capital
$0Total risk weighted assets
$3,148Total unused commitments
$67,646Restructured Loans and leases
$8,497Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$31,167Total interest income
$6,502Total interest expense
$24,665Net interest income
$1,800Provision for loan and lease losses
$42,208Total noninterest income
$127Fiduciary activities
$931Service charges on deposit accounts
$0Trading account gains & fees
$41,150Additional noninterest income
$51,268Total noninterest expense
$33,937Salaries and employee benefits
$3,716Premises and equipment expense
$13,615Additional noninterest expense
$13,805Pre-tax net operating income
$16Securities gains (losses)
$5,071Applicable income taxes
$8,750Income before extraordinary items
$0Extraordinary gains - net
$8,750Net income attributable to bank
$0Net charge-offs
$8,750Cash dividends
$807Sale, conversion, retirement of capital stock, net
$3,623Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.90%Yield on earning assets
1.02%Cost of funding earning assets
3.88%Net interest margin
6.64%Noninterest income to earning assets
8.06%Noninterest expense to earning assets
1.27%Net operating income to assets
1.27%Return on assets (ROA)
2.00%Pretax return on assets
15.15%Return on equity (ROE)
8.88%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
223.05%Credit loss provision to net charge-offs
19.34%Efficiency ratio
76,469Assets per employee
1.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
41.41%Loss allowance to loans
0.98%Loss allowance to noncurrent loans
41.52%Noncurrent assets plus other real estate owned to assets
2.48%Noncurrent loans to loans
2.35%Net loans and leases to deposits
91.05%Net loans and leases to core deposits
107.15%Equity capital to assets
9.31%Core capital (leverage) ratio
8.30%Tier 1 risk-based capital ratio
12.74%Total risk-based capital ratio
Memoranda
$14Average assets
$690,475Average earning assets
$57,755Average equity
$635,896Average 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
$34,772Managed Assets
1Number of Accounts
$16,463Personal trust and agency accounts
$16,463Employee 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
74Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$18,309Other retirement accounts
$13,810Corporate trust and agency accounts
$0Other fiduciary accounts
$1,876Fiduciary accounts held in foreign offices

List of branches

16 Illinois Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	10003	First State Bank	706-8 Washington Street, Mendota, IL 61342	July 06, 1940	Full Service Brick and Mortar
2	235188	La Moille Facility	Gurney Street On U. S. 34, La Moille, IL 61330	November 01, 1982	Full Service Brick and Mortar
3	235189	Peru Branch	4351 Venture Drive, Peru, IL 61354	January 22, 1990	Full Service Brick and Mortar
4	42090	Streator Branch	302 East Main Street, Streator, IL 61364	January 01, 1892	Full Service Brick and Mortar
5	3899	Mcnabb Branch	411 West Main Street, Mcnabb, IL 61335	May 01, 1903	Full Service Brick and Mortar
6	433021	Ottawa Branch	1212 Columbus Avenue, Ottawa, IL 61350	November 12, 2004	Full Service Brick and Mortar
8	201863	Mendota Branch	1403 13th Avenue, Mendota, IL 61348	June 08, 1999	Limited Service Facility
10	470367	Bloomington Branch	502 North Hershey, Bloomington, IL 61704	January 14, 2008	Full Service Brick and Mortar
11	56845	Valley Community Bank Branch	620 East Main Street, St. Charles, IL 60174	June 24, 1996	Full Service Brick and Mortar
12	290440	Geneva Branch	323 West State Street, Geneva, IL 60134	November 21, 1997	Full Service Brick and Mortar
13	290441	Batavia Branch	18 East Wilson Street, Batavia, IL 60510	March 17, 1998	Full Service Brick and Mortar
14	290442	West Side Branch	1615 West Main Street, St. Charles, IL 60174	May 16, 1997	Full Service Brick and Mortar
15	290443	Drive Up Branch	109 North 9th Avenue, St. Charles, IL 60174	December 17, 1997	Limited Service Facility
16	362178	North Aurora Office	75 S. Randall Road, North Aurora, IL 60542	September 29, 2000	Full Service Brick and Mortar
17	525911	St. Charles West Branch	2651 West Main Street, Saint Charles, IL 60175	September 26, 2011	Full Service Brick and Mortar
18	526951	West Wilson Batavia Branch	1978 West Wilson, Batavia, IL 60510	November 18, 2011	Full Service Brick and Mortar

First State Bank in Mendota, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First State Bank in Mendota, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First State Bank in Mendota, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches