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

This bank is inactive as of April 01, 1994

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

General
FDIC Certificate #: 8489
Status: Inactive
Closing history: Corrections
Acquiring institution: The First National Bank (#3840)
Federal Reserve ID: 476043
Date Established: January 27, 1913
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 5403
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: April 01, 1994
Last Structure Change Process Date: April 14, 1994
Last Data Update: April 20, 1994
Data Source Date: April 05, 2012
Location
Address: Marion Avenue And Rr Street, Patoka, IL 62875
County: Marion
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): Centralia, IL (#16460)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $11.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$11Total assets
$12,074Cash and due from depository institutions
$418Interest-bearing balances
$0Securities
$2,224Federal funds sold & reverse repurchase agreements
$2,650Net loans & leases
$6,459Loan loss allowance
$361Trading account assets
$0Bank premises and fixed assets
$84Other real estate owned
$81Goodwill and other intangibles
$158Life insurance assets
$0All other assets
$0Total liabilities and capital
$12,074Total liabilities
$10,871Total deposits
$10,817Interest-bearing deposits
$8,962Deposits held in domestic offices
10817.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$54Total equity capital
$54Total bank equity capital
$1,203Perpetual preferred stock
$0Common stock
$100Surplus
$665Undivided profits
Memoranda
$438Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$126Income earned, not collected on loans
$97Earning assets
$11,333Long-term assets (5+ years)
$1,382Average Assets, year-to-date
$12,132Average Assets, quarterly
$11,823Volatile liabilities
$400Insider loans
$100FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$183Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,203Total risk weighted assets
$6,974Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$936Total interest expense
$347Net interest income
$589Provision for loan and lease losses
$19Total noninterest income
$80Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$80Total noninterest expense
$476Salaries and employee benefits
$254Premises and equipment expense
$16Additional noninterest expense
$206Pre-tax net operating income
$174Securities gains (losses)
-$3Applicable income taxes
$17Income before extraordinary items
$154Extraordinary gains - net
$0Net income attributable to bank
$154Net charge-offs
$35Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.27%Cost of funding earning assets
3.06%Net interest margin
5.20%Noninterest income to earning assets
0.71%Noninterest expense to earning assets
4.20%Net operating income to assets
1.29%Return on assets (ROA)
1.27%Pretax return on assets
1.41%Return on equity (ROE)
13.59%Retained earnings to average equity (YTD only)
13.59%Net charge-offs to loans
0.47%Credit loss provision to net charge-offs
54.29%Efficiency ratio
71,151Assets per employee
1.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.29%Loss allowance to noncurrent loans
286.51%Noncurrent assets plus other real estate owned to assets
1.71%Noncurrent loans to loans
1.85%Net loans and leases to deposits
59.71%Net loans and leases to core deposits
62.00%Equity capital to assets
9.96%Core capital (leverage) ratio
9.83%Tier 1 risk-based capital ratio
17.25%Total risk-based capital ratio
Memoranda
$19Average assets
$12,132Average earning assets
$1,133Average equity
$11,325Average loans

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