First Trust & Savings Bank of Albany, Illinois in Albany, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Trust & Savings Bank of Albany, Illinois - Overview

  • General
  • FDIC Certificate #: 5754
    Status: Active
    Federal Reserve ID: 583138
    Bank Holding Company (Regulatory Top Holder): Albany Bancshares, Inc. (RSSDID: 1125487, Location: Albany, IL)
    Date Established: January 01, 1902
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 15345
    FDIC's unique #: 3926
    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: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 31, 2006
    Last Structure Change Process Date: October 13, 2006
    Last Data Update: October 13, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 209 South Main Street, Albany, IL 61230
    County: Whiteside
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Sterling, IL (#44580)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $164.1 mil
    Equity capital: $17.3 mil
    Deposits held in domestic offices: $143.5 mil
    Return on assets (ROA): 1.89% ($3.1 mil)
    Quarterly return on assets: 1.82% ($3.0 mil)
    Return on Equity (ROE): 16.78% ($2.9 mil)
    Quarterly return on equity: 16.80% ($2.9 mil)
    Net income: $2.7 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 1.92% ($3,150.4 mil)
    Quarterly Pretax return on assets: 1.83% ($3,002.7 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, 2011)

  • Dollar figures in thousands
  • 26Total employees (full-time equivalent)
  • $164,082Total assets
  • $7,389Cash and due from depository institutions
  • $0Interest-bearing balances
  • $50,424Securities
  • $10,080Federal funds sold & reverse repurchase agreements
  • $88,269Net loans & leases
  • $648Loan loss allowance
  • $0Trading account assets
  • $771Bank premises and fixed assets
  • $0Other real estate owned
  • $2,692Goodwill and other intangibles
  • $164,082Life insurance assets
  • $4,457All other assets
  • $146,823Total liabilities and capital
  • $143,479Total liabilities
  • $129,361Total deposits
  • $143,479Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,000Trading liabilities
  • $0Other borrowed funds
  • $344Subordinated debt
  • $17,259All other liabilities
  • $17,259Total equity capital
  • $17,259Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $8,087Surplus
  • $8,572Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,441Income earned, not collected on loans
  • $137Earning assets
  • $1,082Long-term assets (5+ years)
  • $148,773Average Assets, year-to-date
  • $54,982Average Assets, quarterly
  • $140,755Volatile liabilities
  • $155,228Insider loans
  • $94,747FHLB advances
  • $151,545Loans and leases held for sale
  • $2,448Unused loan commitments
  • $2,448Tier 1 (core) risk-based capital
  • $13,037Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,316Restructured Loans and leases
  • $1,382Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,304Total interest income
  • $1,531Total interest expense
  • $4,773Net interest income
  • $79Provision for loan and lease losses
  • $551Total noninterest income
  • $0Fiduciary activities
  • $243Service charges on deposit accounts
  • $0Trading account gains & fees
  • $308Additional noninterest income
  • $2,547Total noninterest expense
  • $1,444Salaries and employee benefits
  • $241Premises and equipment expense
  • $862Additional noninterest expense
  • $2,698Pre-tax net operating income
  • $0Securities gains (losses)
  • $33Applicable income taxes
  • $2,665Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,665Net income attributable to bank
  • $0Net charge-offs
  • $2,665Cash dividends
  • $75Sale, conversion, retirement of capital stock, net
  • $3,120Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.92%Yield on earning assets
  • 1.19%Cost of funding earning assets
  • 3.72%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 1.99%Noninterest expense to earning assets
  • 1.89%Net operating income to assets
  • 1.89%Return on assets (ROA)
  • 1.92%Pretax return on assets
  • 16.78%Return on equity (ROE)
  • -2.86%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 105.33%Credit loss provision to net charge-offs
  • 37.03%Efficiency ratio
  • 45,098Assets per employee
  • 6.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 117.07%Loss allowance to loans
  • 0.73%Loss allowance to noncurrent loans
  • 44.97%Noncurrent assets plus other real estate owned to assets
  • 0.88%Noncurrent loans to loans
  • 1.62%Net loans and leases to deposits
  • 61.52%Net loans and leases to core deposits
  • 68.35%Equity capital to assets
  • 10.52%Core capital (leverage) ratio
  • 8.60%Tier 1 risk-based capital ratio
  • 13.76%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $140,755Average earning assets
  • $15,886Average equity
  • $128,255Average loans

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03926First Trust & Savings Bank Of Albany, Illinois209 South Main Street, Albany, IL 61230January 01, 1902Full Service Brick and Mortar
    16921Hillsdale Branch230 Main Street, Hillsdale, IL 61257December 10, 1903Full Service Brick and Mortar
    2356962Erie Branch700 Main Street, Erie, IL 61250October 01, 1999Full Service Brick and Mortar

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