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

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First State Bank of Dix.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents