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

First State Bank of Olmsted - Overview

  • General
  • FDIC Certificate #: 10437
    Status: Active
    Federal Reserve ID: 413347
    Bank Holding Company (Regulatory Top Holder): Fsbo Holdings Inc (RSSDID: 2705091, Location: Olmsted, IL)
    Date Established: November 07, 1921
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 6671
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: Front And Caledonia Streets, Olmsted, IL 62970
    County: Pulaski
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $39.0 mil
    Equity capital: $4.1 mil
    Deposits held in domestic offices: $34.7 mil
    Return on assets (ROA): 0.96% ($0.4 mil)
    Quarterly return on assets: 1.12% ($0.4 mil)
    Return on Equity (ROE): 8.77% ($0.4 mil)
    Quarterly return on equity: 10.38% ($0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.11% ($432.7 mil)
    Quarterly Pretax return on assets: 1.16% ($452.2 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
  • 13Total employees (full-time equivalent)
  • $38,982Total assets
  • $5,314Cash and due from depository institutions
  • $3,866Interest-bearing balances
  • $6,928Securities
  • $2,345Federal funds sold & reverse repurchase agreements
  • $23,193Net loans & leases
  • $223Loan loss allowance
  • $0Trading account assets
  • $914Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $38,982Life insurance assets
  • $288All other assets
  • $34,897Total liabilities and capital
  • $34,671Total liabilities
  • $29,299Total deposits
  • $34,671Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $226Subordinated debt
  • $4,085All other liabilities
  • $4,085Total equity capital
  • $4,085Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $1,000Surplus
  • $2,985Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $450Income earned, not collected on loans
  • $0Earning assets
  • $215Long-term assets (5+ years)
  • $36,332Average Assets, year-to-date
  • $3,450Average Assets, quarterly
  • $36,523Volatile liabilities
  • $37,824Insider loans
  • $21,876FHLB advances
  • $38,056Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,985Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,470Restructured Loans and leases
  • $341Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,649Total interest income
  • $344Total interest expense
  • $1,305Net interest income
  • $24Provision for loan and lease losses
  • $219Total noninterest income
  • $0Fiduciary activities
  • $78Service charges on deposit accounts
  • $0Trading account gains & fees
  • $141Additional noninterest income
  • $1,095Total noninterest expense
  • $553Salaries and employee benefits
  • $68Premises and equipment expense
  • $474Additional noninterest expense
  • $405Pre-tax net operating income
  • $0Securities gains (losses)
  • $55Applicable income taxes
  • $350Income before extraordinary items
  • $0Extraordinary gains - net
  • $350Net income attributable to bank
  • $0Net charge-offs
  • $350Cash dividends
  • $6Sale, conversion, retirement of capital stock, net
  • $220Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.91%Yield on earning assets
  • 1.03%Cost of funding earning assets
  • 3.89%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 3.26%Noninterest expense to earning assets
  • 0.96%Net operating income to assets
  • 0.96%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 8.77%Return on equity (ROE)
  • 3.26%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 400.00%Credit loss provision to net charge-offs
  • 71.50%Efficiency ratio
  • 71,850Assets per employee
  • 3.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 62.86%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 49.56%Noncurrent assets plus other real estate owned to assets
  • 1.15%Noncurrent loans to loans
  • 1.92%Net loans and leases to deposits
  • 66.89%Net loans and leases to core deposits
  • 68.58%Equity capital to assets
  • 10.48%Core capital (leverage) ratio
  • 10.47%Tier 1 risk-based capital ratio
  • 18.22%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $36,523Average earning assets
  • $3,992Average equity
  • $33,559Average loans

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06671First State Bank Of OlmstedFront And Caledonia Streets, Olmsted, IL 62970November 07, 1921Full Service Brick and Mortar
    1470597Vienna Lpo102 1/2 North Fourth Street, Vienna, IL 62995Febuary 01, 2008Limited Service Loan Production
    2481658Mounds Branch143 Glen Hall Drive, Mounds, IL 62964October 27, 2008Full Service Brick and Mortar

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