First State Bank and Trust Company in city_name, state_name

First State Bank and Trust Company in Rockford, Illinois (IL)
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First State Bank and Trust Company - Overview

General
FDIC Certificate #: 19086
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Mercantile Bank of Northern Illinois (#15874)
Federal Reserve ID: 879242
Date Established: April 18, 1964
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 10299
FDIC's unique #: 12918
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: April 18, 1964
Last Structure Change Effective Date: January 01, 1995
Last Structure Change Process Date: January 31, 1995
Last Data Update: January 31, 1995
Data Source Date: April 05, 2012
Location
Address: 850 North Church Street, Rockford, IL 61110
County: Winnebago
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
Metropolitan Statistical Area (MSA): Rockford, IL (#6880)
Combined Statistical Area (CSA): Rockford-Freeport-Rochelle, IL (#466)
Core Based Statistical Area (CBSA): Rockford, IL (#40420)
CBSA Metro Statistical Area: Rockford, IL (#40420)
Financial Summary
Total assets: $73.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$21Total assets
$73,050Cash and due from depository institutions
$3,353Interest-bearing balances
$106Securities
$13,048Federal funds sold & reverse repurchase agreements
$1,180Net loans & leases
$53,406Loan loss allowance
$360Trading account assets
$0Bank premises and fixed assets
$1,274Other real estate owned
$0Goodwill and other intangibles
$789Life insurance assets
$0All other assets
$0Total liabilities and capital
$73,050Total liabilities
$68,049Total deposits
$66,174Interest-bearing deposits
$58,947Deposits held in domestic offices
66174.00%% insured (estimated)
$86Federal funds purchased & repurchase agreements
$348Trading liabilities
$0Other borrowed funds
$1,199Subordinated debt
$0All other liabilities
$328Total equity capital
$328Total bank equity capital
$5,001Perpetual preferred stock
$0Common stock
$600Surplus
$2,400Undivided profits
Memoranda
$2,001Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$186Income earned, not collected on loans
$310Earning assets
$67,740Long-term assets (5+ years)
$7,568Average Assets, year-to-date
$62,626Average Assets, quarterly
$71,412Volatile liabilities
$10,126Insider loans
$374FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$8,811Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,147Total risk weighted assets
$58,387Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$4,812Total interest expense
$2,213Net interest income
$2,599Provision for loan and lease losses
$192Total noninterest income
$502Fiduciary activities
$0Service charges on deposit accounts
$293Trading account gains & fees
$0Additional noninterest income
$209Total noninterest expense
$2,111Salaries and employee benefits
$528Premises and equipment expense
$248Additional noninterest expense
$1,335Pre-tax net operating income
$798Securities gains (losses)
$7Applicable income taxes
$259Income before extraordinary items
$546Extraordinary gains - net
$0Net income attributable to bank
$546Net charge-offs
$316Cash dividends
$200Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.30%Cost of funding earning assets
3.82%Net interest margin
4.48%Noninterest income to earning assets
0.87%Noninterest expense to earning assets
3.64%Net operating income to assets
0.86%Return on assets (ROA)
0.87%Pretax return on assets
1.29%Return on equity (ROE)
11.05%Retained earnings to average equity (YTD only)
7.00%Net charge-offs to loans
0.69%Credit loss provision to net charge-offs
60.76%Efficiency ratio
68,075Assets per employee
3.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
36.63%Loss allowance to loans
0.67%Loss allowance to noncurrent loans
193.55%Noncurrent assets plus other real estate owned to assets
0.25%Noncurrent loans to loans
0.35%Net loans and leases to deposits
80.71%Net loans and leases to core deposits
94.07%Equity capital to assets
6.85%Core capital (leverage) ratio
7.21%Tier 1 risk-based capital ratio
8.82%Total risk-based capital ratio
Memoranda
$9Average assets
$62,626Average earning assets
$4,942Average equity
$57,970Average loans

First State Bank and Trust Company in Rockford, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank and Trust Company - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

First State Bank and Trust Company in Rockford, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank and Trust Company - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

First State Bank and Trust Company in Rockford, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches