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

This bank is inactive as of May 14, 2003

  • First State Bank of Heyworth in Heyworth, Illinois (IL)
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First State Bank of Heyworth - Overview

  • General
  • FDIC Certificate #: 11316
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First State Bank of Bloomington (#22034)
    Federal Reserve ID: 802231
    Date Established: April 12, 1906
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 15611
    FDIC's unique #: 7226
    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: January 01, 1934
    Last Structure Change Effective Date: May 14, 2003
    Last Structure Change Process Date: June 05, 2003
    Last Data Update: June 05, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 117 East Main Street, Heyworth, IL 61745
    County: Mclean
    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
    Metropolitan Statistical Area (MSA): Bloomington-Normal, IL (#1040)
    Core Based Statistical Area (CBSA): Bloomington-Normal, IL (#14060)
    CBSA Metro Statistical Area: Bloomington-Normal, IL (#14060)
  • Financial Summary
  • Total assets: $22.7 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, 2002)

  • Dollar figures in thousands
  • 7Total employees (full-time equivalent)
  • $23,753Total assets
  • $857Cash and due from depository institutions
  • $0Interest-bearing balances
  • $12,487Securities
  • $25Federal funds sold & reverse repurchase agreements
  • $8,943Net loans & leases
  • $86Loan loss allowance
  • $0Trading account assets
  • $308Bank premises and fixed assets
  • $137Other real estate owned
  • $10Goodwill and other intangibles
  • $0Life insurance assets
  • $986All other assets
  • $23,753Total liabilities and capital
  • $21,664Total liabilities
  • $21,263Total deposits
  • $18,390Interest-bearing deposits
  • $21,263Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $300Other borrowed funds
  • $0Subordinated debt
  • $101All other liabilities
  • $2,089Total equity capital
  • $2,089Total bank equity capital
  • $2,089Perpetual preferred stock
  • $0Common stock
  • $91Surplus
  • $629Undivided profits
  • Memoranda
  • $1,369Noncurrent loans and leases
  • $2,000Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $111Earning assets
  • $0Long-term assets (5+ years)
  • $151Average Assets, year-to-date
  • $21,455Average Assets, quarterly
  • $7,243Volatile liabilities
  • $22,627Insider loans
  • $23,590FHLB advances
  • $4,099Loans and leases held for sale
  • $26Unused loan commitments
  • $300Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,000Total unused commitments
  • $0Restructured Loans and leases
  • $86Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $1,111Total interest income
  • $369Total interest expense
  • $742Net interest income
  • $7Provision for loan and lease losses
  • $162Total noninterest income
  • $0Fiduciary activities
  • $98Service charges on deposit accounts
  • $0Trading account gains & fees
  • $64Additional noninterest income
  • $521Total noninterest expense
  • $227Salaries and employee benefits
  • $73Premises and equipment expense
  • $221Additional noninterest expense
  • $376Pre-tax net operating income
  • $8Securities gains (losses)
  • $0Applicable income taxes
  • $384Income before extraordinary items
  • $0Extraordinary gains - net
  • $384Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $18Sale, conversion, retirement of capital stock, net
  • $158Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.47%Yield on earning assets
  • 1.82%Cost of funding earning assets
  • 3.66%Net interest margin
  • 0.80%Noninterest income to earning assets
  • 2.57%Noninterest expense to earning assets
  • 1.66%Net operating income to assets
  • 1.70%Return on assets (ROA)
  • 1.70%Pretax return on assets
  • 19.96%Return on equity (ROE)
  • 11.75%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 38.89%Credit loss provision to net charge-offs
  • 21.28%Efficiency ratio
  • 57,633Assets per employee
  • 3.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 41.15%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 77.48%Noncurrent assets plus other real estate owned to assets
  • 1.04%Noncurrent loans to loans
  • 1.23%Net loans and leases to deposits
  • 42.06%Net loans and leases to core deposits
  • 52.10%Equity capital to assets
  • 8.79%Core capital (leverage) ratio
  • 8.00%Tier 1 risk-based capital ratio
  • 21.43%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $22,627Average earning assets
  • $1,924Average equity
  • $20,299Average loans

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