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

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

General
FDIC Certificate #: 16332
Status: Active
Federal Reserve ID: 899642
Bank Holding Company (Regulatory Top Holder): First State Bancorp Of Monticello, Inc. Employee Stock Ownership Plan (RSSDID: 2310217, Location: Monticello, IL)
Date Established: November 10, 1945
WWW: http://www.fsbcorp.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Domestic: 6, Interstate: No)
OTS Docket #: 15612
FDIC's unique #: 10516
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: Yes
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: November 10, 1945
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: 201 West Main Street, Monticello, IL 61856
County: Piatt
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
Core Based Statistical Area (CBSA): Champaign-Urbana, IL (#16580)
CBSA Metro Statistical Area: Champaign-Urbana, IL (#16580)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $229.1 mil
Equity capital: $23.0 mil
Deposits held in domestic offices: $195.4 mil
Return on assets (ROA): 1.19% ($2.7 mil)
Quarterly return on assets: 1.22% ($2.8 mil)
Return on Equity (ROE): 12.13% ($2.8 mil)
Quarterly return on equity: 12.30% ($2.8 mil)
Net income: $2.7 mil
Quarterly Net income: $0.7 mil
Pretax return on assets: 1.19% ($2,726.8 mil)
Quarterly Pretax return on assets: 1.22% ($2,795.6 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
59Total employees (full-time equivalent)
$229,144Total assets
$8,928Cash and due from depository institutions
$4,252Interest-bearing balances
$70,224Securities
$0Federal funds sold & reverse repurchase agreements
$137,604Net loans & leases
$2,884Loan loss allowance
$0Trading account assets
$7,241Bank premises and fixed assets
$282Other real estate owned
$255Goodwill and other intangibles
$229,144Life insurance assets
$4,610All other assets
$206,131Total liabilities and capital
$195,379Total liabilities
$159,031Total deposits
$195,379Interest-bearing deposits
$89Deposits held in domestic offices
9386.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$950Trading liabilities
$0Other borrowed funds
$416Subordinated debt
$23,013All other liabilities
$23,013Total equity capital
$23,013Total bank equity capital
$0Perpetual preferred stock
$820Common stock
$5,788Surplus
$16,405Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,346Income earned, not collected on loans
$0Earning assets
$1,527Long-term assets (5+ years)
$212,080Average Assets, year-to-date
$39,371Average Assets, quarterly
$228,169Volatile liabilities
$229,268Insider loans
$144,504FHLB advances
$227,630Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$21,290Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$24,085Restructured Loans and leases
$4,762Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$9,561Total interest income
$1,516Total interest expense
$8,045Net interest income
$1,117Provision for loan and lease losses
$1,958Total noninterest income
$266Fiduciary activities
$501Service charges on deposit accounts
$0Trading account gains & fees
$1,191Additional noninterest income
$6,266Total noninterest expense
$3,332Salaries and employee benefits
$928Premises and equipment expense
$2,006Additional noninterest expense
$2,620Pre-tax net operating income
$91Securities gains (losses)
$0Applicable income taxes
$2,711Income before extraordinary items
$0Extraordinary gains - net
$2,711Net income attributable to bank
$0Net charge-offs
$2,711Cash dividends
$162Sale, conversion, retirement of capital stock, net
$1,053Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.71%Yield on earning assets
0.75%Cost of funding earning assets
3.96%Net interest margin
0.96%Noninterest income to earning assets
3.09%Noninterest expense to earning assets
1.15%Net operating income to assets
1.19%Return on assets (ROA)
1.19%Pretax return on assets
12.13%Return on equity (ROE)
7.42%Retained earnings to average equity (YTD only)
0.12%Net charge-offs to loans
689.51%Credit loss provision to net charge-offs
23.07%Efficiency ratio
62,641Assets per employee
3.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
38.84%Loss allowance to loans
2.05%Loss allowance to noncurrent loans
214.26%Noncurrent assets plus other real estate owned to assets
0.71%Noncurrent loans to loans
0.96%Net loans and leases to deposits
70.43%Net loans and leases to core deposits
80.21%Equity capital to assets
10.04%Core capital (leverage) ratio
9.35%Tier 1 risk-based capital ratio
14.73%Total risk-based capital ratio
Memoranda
$16Average assets
$228,169Average earning assets
$22,346Average equity
$202,969Average 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
$80,327Managed Assets
1Number of Accounts
$52,547Personal trust and agency accounts
$27,348Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$25,199Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
48Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$27,780Other retirement accounts
$415Corporate trust and agency accounts
$15,181Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

6 Illinois Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	10516	First State Bank	201 West Main Street, Monticello, IL 61856	November 10, 1945	Full Service Brick and Mortar
1	237916	Drive-In Facility	201 West Main Street, Monticello, IL 61856	Febuary 02, 1972	Limited Service Facility
2	7510	Hammond Branch	200 S. Don Ryan, Hammond, IL 61929	September 23, 1901	Full Service Brick and Mortar
3	3920	Atwood Branch	131 North Main Street, Atwood, IL 61913	January 01, 1919	Full Service Brick and Mortar
4	208093	Tuscola Branch	801 South Main Street, Tuscola, IL 61953	April 15, 1996	Full Service Brick and Mortar
5	465719	Champaign Branch	101 Windsor Road, Champaign, IL 61820	September 07, 2006	Full Service Brick and Mortar

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