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

This bank is inactive as of November 05, 2011

First State Bank of Dix - Overview

  • General
  • FDIC Certificate #: 10432
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: COMMUNITY FIRST BANK OF THE HEARTLAND (#3846)
    Federal Reserve ID: 629849
    Date Established: June 09, 1909
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 6666
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 05, 2011
    Last Structure Change Process Date: November 09, 2011
    Last Data Update: November 09, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 312 North Main Street, Dix, IL 62830
    County: Jefferson
    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
    Core Based Statistical Area (CBSA): Mount Vernon, IL (#34500)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $44.6 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, 2010)

  • Dollar figures in thousands
  • 13Total employees (full-time equivalent)
  • $43,650Total assets
  • $10,705Cash and due from depository institutions
  • $8,139Interest-bearing balances
  • $6,117Securities
  • $610Federal funds sold & reverse repurchase agreements
  • $23,713Net loans & leases
  • $241Loan loss allowance
  • $0Trading account assets
  • $1,306Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $619Life insurance assets
  • $1,199All other assets
  • $43,650Total liabilities and capital
  • $40,415Total liabilities
  • $40,192Total deposits
  • $33,010Interest-bearing deposits
  • $40,192Deposits held in domestic offices
  • 97.70%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $223All other liabilities
  • $3,235Total equity capital
  • $3,235Total bank equity capital
  • $3,235Perpetual preferred stock
  • $0Common stock
  • $240Surplus
  • $1,182Undivided profits
  • Memoranda
  • $1,813Noncurrent loans and leases
  • $2,237Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $127Earning assets
  • $0Long-term assets (5+ years)
  • $226Average Assets, year-to-date
  • $38,579Average Assets, quarterly
  • $3,213Volatile liabilities
  • $43,413Insider loans
  • $43,973FHLB advances
  • $9,460Loans and leases held for sale
  • $42Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,237Total unused commitments
  • $0Restructured Loans and leases
  • $241Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $1,918Total interest income
  • $455Total interest expense
  • $1,463Net interest income
  • $130Provision for loan and lease losses
  • $194Total noninterest income
  • $0Fiduciary activities
  • $66Service charges on deposit accounts
  • $0Trading account gains & fees
  • $128Additional noninterest income
  • $1,228Total noninterest expense
  • $583Salaries and employee benefits
  • $163Premises and equipment expense
  • $482Additional noninterest expense
  • $299Pre-tax net operating income
  • $67Securities gains (losses)
  • $80Applicable income taxes
  • $286Income before extraordinary items
  • $0Extraordinary gains - net
  • $286Net income attributable to bank
  • $0Net charge-offs
  • $286Cash dividends
  • $207Sale, conversion, retirement of capital stock, net
  • $200Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.94%Yield on earning assets
  • 1.17%Cost of funding earning assets
  • 3.77%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 3.16%Noninterest expense to earning assets
  • 0.54%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 0.84%Pretax return on assets
  • 8.89%Return on equity (ROE)
  • 2.67%Retained earnings to average equity (YTD only)
  • 0.90%Net charge-offs to loans
  • 62.80%Credit loss provision to net charge-offs
  • 2.07%Efficiency ratio
  • 74,110Assets per employee
  • 3.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 69.93%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 189.76%Noncurrent assets plus other real estate owned to assets
  • 0.29%Noncurrent loans to loans
  • 0.53%Net loans and leases to deposits
  • 59.00%Net loans and leases to core deposits
  • 77.16%Equity capital to assets
  • 7.41%Core capital (leverage) ratio
  • 7.14%Tier 1 risk-based capital ratio
  • 12.46%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $43,413Average earning assets
  • $3,215Average equity
  • $38,848Average loans

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