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

First State Bank of Illinois - Overview

  • General
  • FDIC Certificate #: 9632
    Status: Active
    Federal Reserve ID: 953535
    Bank Holding Company (Regulatory Top Holder): First State Bancorporation, Inc. (RSSDID: 3735152, Location: Milan, IL)
    Date Established: January 04, 1904
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Domestic: 9, Interstate: No)
    OTS Docket #: 12436
    FDIC's unique #: 6157
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 13, 2008
    Last Structure Change Process Date: January 06, 2009
    Last Data Update: January 06, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 128 East Main Street, La Harpe, IL 61450
    County: Hancock
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Springfield Il
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $256.0 mil
    Equity capital: $33.5 mil
    Deposits held in domestic offices: $208.6 mil
    Return on assets (ROA): 0.52% ($1.3 mil)
    Quarterly return on assets: 0.73% ($1.9 mil)
    Return on Equity (ROE): 4.04% ($1.4 mil)
    Quarterly return on equity: 5.64% ($1.9 mil)
    Net income: $1.3 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 0.76% ($1,945.3 mil)
    Quarterly Pretax return on assets: 1.10% ($2,815.6 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, 2011)

  • Dollar figures in thousands
  • 77Total employees (full-time equivalent)
  • $255,965Total assets
  • $7,687Cash and due from depository institutions
  • $1,450Interest-bearing balances
  • $45,694Securities
  • $4,920Federal funds sold & reverse repurchase agreements
  • $173,052Net loans & leases
  • $2,317Loan loss allowance
  • $0Trading account assets
  • $5,029Bank premises and fixed assets
  • $56Other real estate owned
  • $13,748Goodwill and other intangibles
  • $255,965Life insurance assets
  • $5,779All other assets
  • $222,416Total liabilities and capital
  • $208,604Total liabilities
  • $177,984Total deposits
  • $208,604Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 500.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,761Trading liabilities
  • $0Other borrowed funds
  • $2,551Subordinated debt
  • $33,549All other liabilities
  • $33,549Total equity capital
  • $33,549Total bank equity capital
  • $0Perpetual preferred stock
  • $580Common stock
  • $31,196Surplus
  • $1,773Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $338Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,683Income earned, not collected on loans
  • $0Earning assets
  • $1,889Long-term assets (5+ years)
  • $225,116Average Assets, year-to-date
  • $56,835Average Assets, quarterly
  • $252,441Volatile liabilities
  • $257,273Insider loans
  • $184,548FHLB advances
  • $243,682Loans and leases held for sale
  • $2,509Unused loan commitments
  • $2,509Tier 1 (core) risk-based capital
  • $21,707Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $28,628Restructured Loans and leases
  • $7,195Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,572Total interest income
  • $2,088Total interest expense
  • $8,484Net interest income
  • $777Provision for loan and lease losses
  • $1,389Total noninterest income
  • $0Fiduciary activities
  • $467Service charges on deposit accounts
  • $0Trading account gains & fees
  • $922Additional noninterest income
  • $7,170Total noninterest expense
  • $3,643Salaries and employee benefits
  • $1,145Premises and equipment expense
  • $2,382Additional noninterest expense
  • $1,926Pre-tax net operating income
  • $1Securities gains (losses)
  • $606Applicable income taxes
  • $1,321Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,321Net income attributable to bank
  • $0Net charge-offs
  • $1,321Cash dividends
  • $274Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.75%Yield on earning assets
  • 0.94%Cost of funding earning assets
  • 3.81%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 3.22%Noninterest expense to earning assets
  • 0.52%Net operating income to assets
  • 0.52%Return on assets (ROA)
  • 0.76%Pretax return on assets
  • 4.04%Return on equity (ROE)
  • 4.04%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 283.58%Credit loss provision to net charge-offs
  • 9.86%Efficiency ratio
  • 67,497Assets per employee
  • 3.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.32%Loss allowance to noncurrent loans
  • 137.67%Noncurrent assets plus other real estate owned to assets
  • 0.68%Noncurrent loans to loans
  • 0.96%Net loans and leases to deposits
  • 82.96%Net loans and leases to core deposits
  • 95.98%Equity capital to assets
  • 13.11%Core capital (leverage) ratio
  • 8.91%Tier 1 risk-based capital ratio
  • 11.76%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $252,441Average earning assets
  • $32,663Average equity
  • $222,460Average loans

List of branches

  • 9 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06157First State Bank Of Illinois128 East Main Street, La Harpe, IL 61450January 04, 1904Full Service Brick and Mortar
    18958Carthage Branch433 Main Street, Carthage, IL 62321May 04, 1934Full Service Brick and Mortar
    2270897Macomb Branch500 East Jackson, Macomb, IL 61455January 01, 1889Full Service Brick and Mortar
    3220734Carthage Drive-Up Facility407 Buchanan, Carthage, IL 62321June 05, 1997Limited Service Facility
    52782231035 Broadway Branch1035 Broadway, Hamilton, IL 62341January 01, 1882Full Service Brick and Mortar
    6428549Blandinsville Branch135 South Main Street, Blandinsville, IL 61420May 06, 2004Full Service Brick and Mortar
    7278225Monmouth Branch122 West Boston Avenue, Monmouth, IL 61462January 01, 1882Full Service Brick and Mortar
    96159Colusa BranchMain Street, Colusa, IL 62329December 20, 1919Full Service Brick and Mortar
    11527110Peoria Branch6809 North Knoxville, Peoria, IL 61614December 01, 2011Full Service Brick and Mortar

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