Flanagan State Bank in Flanagan, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Flanagan State Bank - Overview

  • General
  • FDIC Certificate #: 11734
    Status: Active
    Federal Reserve ID: 979133
    Bank Holding Company (Regulatory Top Holder): Hometown Financial Group, Inc. (RSSDID: 2494153, Location: Flanagan, IL)
    Date Established: January 01, 1913
    WWW: http://www.flanaganstatebank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 7504
    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: 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: 124 South Main Street, Flanagan, IL 61740
    County: Livingston
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Champaign
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Pontiac, IL (#38700)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $143.5 mil
    Equity capital: $14.4 mil
    Deposits held in domestic offices: $124.6 mil
    Return on assets (ROA): 1.34% ($1.9 mil)
    Quarterly return on assets: 1.32% ($1.9 mil)
    Return on Equity (ROE): 13.50% ($1.9 mil)
    Quarterly return on equity: 13.04% ($1.8 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.35% ($1,937.1 mil)
    Quarterly Pretax return on assets: 1.32% ($1,894.1 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
  • 48Total employees (full-time equivalent)
  • $143,491Total assets
  • $3,336Cash and due from depository institutions
  • $15Interest-bearing balances
  • $42,080Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $90,002Net loans & leases
  • $940Loan loss allowance
  • $0Trading account assets
  • $3,905Bank premises and fixed assets
  • $393Other real estate owned
  • $360Goodwill and other intangibles
  • $143,491Life insurance assets
  • $3,415All other assets
  • $129,044Total liabilities and capital
  • $124,583Total liabilities
  • $105,703Total deposits
  • $124,583Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 1749.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $712Subordinated debt
  • $14,447All other liabilities
  • $14,447Total equity capital
  • $14,447Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $2,200Surplus
  • $12,047Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $15,292Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,088Income earned, not collected on loans
  • $263Earning assets
  • $1,149Long-term assets (5+ years)
  • $132,097Average Assets, year-to-date
  • $42,812Average Assets, quarterly
  • $138,669Volatile liabilities
  • $142,331Insider loans
  • $95,317FHLB advances
  • $143,345Loans and leases held for sale
  • $742Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,077Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $742Total unused commitments
  • $10,652Restructured Loans and leases
  • $12Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,331Total interest income
  • $1,072Total interest expense
  • $5,259Net interest income
  • $691Provision for loan and lease losses
  • $1,486Total noninterest income
  • $48Fiduciary activities
  • $306Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,132Additional noninterest income
  • $4,435Total noninterest expense
  • $2,546Salaries and employee benefits
  • $625Premises and equipment expense
  • $1,264Additional noninterest expense
  • $1,619Pre-tax net operating income
  • $257Securities gains (losses)
  • $21Applicable income taxes
  • $1,855Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,855Net income attributable to bank
  • $0Net charge-offs
  • $1,855Cash dividends
  • $663Sale, conversion, retirement of capital stock, net
  • $1,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.92%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 4.09%Net interest margin
  • 1.16%Noninterest income to earning assets
  • 3.45%Noninterest expense to earning assets
  • 1.15%Net operating income to assets
  • 1.34%Return on assets (ROA)
  • 1.35%Pretax return on assets
  • 13.50%Return on equity (ROE)
  • 6.22%Retained earnings to average equity (YTD only)
  • 0.80%Net charge-offs to loans
  • 104.22%Credit loss provision to net charge-offs
  • 3.48%Efficiency ratio
  • 65,263Assets per employee
  • 2.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 53.91%Loss allowance to loans
  • 1.03%Loss allowance to noncurrent loans
  • 45.02%Noncurrent assets plus other real estate owned to assets
  • 1.73%Noncurrent loans to loans
  • 2.30%Net loans and leases to deposits
  • 72.24%Net loans and leases to core deposits
  • 75.07%Equity capital to assets
  • 10.07%Core capital (leverage) ratio
  • 9.12%Tier 1 risk-based capital ratio
  • 13.72%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $138,669Average earning assets
  • $13,737Average equity
  • $128,563Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $10,038Managed Assets
  • 1Number of Accounts
  • $10,038Personal trust and agency accounts
  • $10,020Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $18Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 15Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 5 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07504Flanagan State Bank124 South Main Street, Flanagan, IL 61740January 01, 1913Full Service Brick and Mortar
    1364210Elpaso Branch111 North Fayette Street, El Paso, IL 61738November 01, 1996Full Service Brick and Mortar
    2364211Benson Branch403 State Street, Benson, IL 61516January 25, 1999Full Service Brick and Mortar
    4441149Bloomington Branch2401 East Washinton Street, Bloomington, IL 61704June 16, 2005Full Service Brick and Mortar
    5446106Leroy Branch500 S Persimmon St, Le Roy, IL 61752December 05, 2005Full Service Brick and Mortar

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