First State Bank of Red Bud in Red Bud, Illinois (IL)



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First State Bank of Red Bud routing number info

Table of contents:
First State Bank of Red Bud
GeneralFDIC Certificate #: 11704
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The First National Bank of Dieterich (#3787)
Federal Reserve ID: 356949
Bank Holding Company (Regulatory Top Holder): Red Bud Bancorp, Inc. (RSSDID: 1133343, Location: Red Bud, IL)
Date Established: May 01, 1875
WWW: http://www.fsbredbud.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 10974
FDIC's unique #: 7483
Numeric code: 13
Regulator: FED
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: January 14, 2012
Last Structure Change Process Date: January 20, 2012
Last Data Update: January 20, 2012
Data Source Date: April 05, 2012
LocationAddress: 115 West Market Street, Red Bud, IL 62278
County: Randolph
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
Financial SummaryTotal assets: $96.0 mil
Equity capital: $11.9 mil
Deposits held in domestic offices: $82.3 mil
Return on assets (ROA): 0.53% ($0.5 mil)
Quarterly return on assets: 0.48% ($0.5 mil)
Return on Equity (ROE): 4.52% ($0.5 mil)
Quarterly return on equity: 3.83% ($0.5 mil)
Net income: $0.5 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.86% ($825.4 mil)
Quarterly Pretax return on assets: 0.91% ($873.4 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)
Total employees (full-time equivalent)19
Total assets$95,974
Cash and due from depository institutions$3,445
Interest-bearing balances$411
Securities$45,999
Federal funds sold & reverse repurchase agreements$2,000
Net loans & leases$36,969
Loan loss allowance $2,512
Trading account assets$0
Bank premises and fixed assets$1,799
Other real estate owned$1,559
Goodwill and other intangibles$0
All other assets$4,203
Life insurance assets$95,974
Total liabilities and capital$84,041
Total liabilities$82,302
Total deposits$69,394
Interest-bearing deposits$82,302
Deposits held in domestic offices$94
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$1,000
Other borrowed funds $0
Subordinated debt $739
All other liabilities $11,933
Total equity capital$11,933
Total bank equity capital$11,933
Perpetual preferred stock$0
Common stock$100
Surplus$9,468
Undivided profits $2,365
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,499
Earning assets $0
Long-term assets (5+ years) $359
Average Assets, year-to-date $85,379
Average Assets, quarterly $48,413
Volatile liabilities $96,122
Insider loans $94,859
FHLB advances $48,950
Loans and leases held for sale $90,971
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $9,124
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $3,394
Derivatives$0
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,814
Total interest expense $1,162
Net interest income $2,652
Provision for loan and lease losses $0
Total noninterest income $295
Fiduciary activities $0
Service charges on deposit accounts $184
Trading account gains & fees $0
Additional noninterest income $111
Total noninterest expense $2,245
Salaries and employee benefits $1,105
Premises and equipment expense $489
Additional noninterest expense $651
Pre-tax net operating income $702
Securities gains (losses) $129
Applicable income taxes $317
Income before extraordinary items $514
Extraordinary gains - net $0
Net income attributable to bank $514
Net charge-offs $0
Cash dividends $514
Sale, conversion, retirement of capital stock, net $190
Net operating income $15
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.43%
Cost of funding earning assets 1.35%
Net interest margin 3.08%
Noninterest income to earning assets 0.34%
Noninterest expense to earning assets 2.61%
Net operating income to assets 0.45%
Return on assets (ROA) 0.53%
Pretax return on assets 0.86%
Return on equity (ROE) 4.52%
Retained earnings to average equity (YTD only) 4.39%
Net charge-offs to loans 0.46%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio3.69%
Assets per employee$76,179
Cash dividends to net income (YTD only)5.05%
Condition Ratios (%)
Loss allowance to loans 2.92%
Loss allowance to noncurrent loans 6.36%
Noncurrent assets plus other real estate owned to assets 167.58%
Noncurrent loans to loans 3.19%
Net loans and leases to deposits3.80%
Net loans and leases to core deposits 44.92%
Equity capital to assets 44.92%
Core capital (leverage) ratio 12.43%
Tier 1 risk-based capital ratio 10.03%
Total risk-based capital ratio 18.64%
Memoranda
Average assets$20
Average earning assets$96,122
Average equity $11,371
Average loans $86,173
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