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

First State Bank Shannon-Polo in Shannon, Illinois (IL)
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First State Bank Shannon-Polo routing number info

First State Bank Shannon-Polo - Overview

General
FDIC Certificate #: 1781
Status: Active
Federal Reserve ID: 232847
Bank Holding Company (Regulatory Top Holder): Shannon Bancorp, Inc. (RSSDID: 1209985, Location: Shannon, IL)
Date Established: January 14, 1930
WWW: http://www.fsbshannon-polo.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 11562
FDIC's unique #: 1179
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural 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: 1 South Linn Street, Shannon, IL 61078
County: Carroll
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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $151.4 mil
Equity capital: $14.3 mil
Deposits held in domestic offices: $129.0 mil
Return on assets (ROA): 0.96% ($1.4 mil)
Quarterly return on assets: 0.64% ($1.0 mil)
Return on Equity (ROE): 9.84% ($1.4 mil)
Quarterly return on equity: 6.53% ($0.9 mil)
Net income: $1.4 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 0.97% ($1,468.8 mil)
Quarterly Pretax return on assets: 0.69% ($1,044.8 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
37Total employees (full-time equivalent)
$151,422Total assets
$25,330Cash and due from depository institutions
$14,650Interest-bearing balances
$37,715Securities
$0Federal funds sold & reverse repurchase agreements
$78,219Net loans & leases
$624Loan loss allowance
$0Trading account assets
$1,365Bank premises and fixed assets
$590Other real estate owned
$2,296Goodwill and other intangibles
$151,422Life insurance assets
$5,907All other assets
$137,096Total liabilities and capital
$128,991Total liabilities
$108,803Total deposits
$128,991Interest-bearing deposits
$93Deposits held in domestic offices
7334.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$771Subordinated debt
$14,326All other liabilities
$14,326Total equity capital
$14,326Total bank equity capital
$0Perpetual preferred stock
$400Common stock
$4,600Surplus
$9,326Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$274Income earned, not collected on loans
$0Earning assets
$1,298Long-term assets (5+ years)
$130,584Average Assets, year-to-date
$38,424Average Assets, quarterly
$147,129Volatile liabilities
$148,803Insider loans
$98,933FHLB advances
$146,655Loans and leases held for sale
$3,511Unused loan commitments
$3,511Tier 1 (core) risk-based capital
$11,875Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$15,432Restructured Loans and leases
$479Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,310Total interest income
$1,052Total interest expense
$4,258Net interest income
$267Provision for loan and lease losses
$1,111Total noninterest income
$31Fiduciary activities
$153Service charges on deposit accounts
$0Trading account gains & fees
$927Additional noninterest income
$3,676Total noninterest expense
$2,319Salaries and employee benefits
$434Premises and equipment expense
$923Additional noninterest expense
$1,426Pre-tax net operating income
$4Securities gains (losses)
$17Applicable income taxes
$1,413Income before extraordinary items
$0Extraordinary gains - net
$1,413Net income attributable to bank
$0Net charge-offs
$1,413Cash dividends
$307Sale, conversion, retirement of capital stock, net
$1,447Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.12%Yield on earning assets
0.82%Cost of funding earning assets
3.31%Net interest margin
0.86%Noninterest income to earning assets
2.86%Noninterest expense to earning assets
0.96%Net operating income to assets
0.96%Return on assets (ROA)
0.97%Pretax return on assets
9.84%Return on equity (ROE)
-0.24%Retained earnings to average equity (YTD only)
0.40%Net charge-offs to loans
86.97%Credit loss provision to net charge-offs
5.51%Efficiency ratio
68,467Assets per employee
4.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
102.41%Loss allowance to loans
0.79%Loss allowance to noncurrent loans
227.74%Noncurrent assets plus other real estate owned to assets
0.57%Noncurrent loans to loans
0.35%Net loans and leases to deposits
60.64%Net loans and leases to core deposits
63.11%Equity capital to assets
9.46%Core capital (leverage) ratio
8.10%Tier 1 risk-based capital ratio
12.00%Total risk-based capital ratio
Memoranda
$13Average assets
$147,129Average earning assets
$14,355Average equity
$128,742Average 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
$1,802Managed Assets
1Number of Accounts
$1,802Personal trust and agency accounts
$1,802Employee 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
17Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

3 Illinois Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1179	First State Bank Shannon-Polo	1 South Linn Street, Shannon, IL 61078	January 14, 1930	Full Service Brick and Mortar
1	190137	Polo Branch	211 South Division Street, Polo, IL 61064	September 13, 1993	Full Service Brick and Mortar
3	462474	Lake Carroll Branch	24494 Payne Road, Shannon, IL 61078	April 16, 2007	Full Service Brick and Mortar

First State Bank Shannon-Polo in Shannon, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank Shannon-Polo - 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 Shannon-Polo in Shannon, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank Shannon-Polo - 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 Shannon-Polo in Shannon, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches