Flora Bank & Trust in Flora, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Flora Bank & Trust - Overview

  • General
  • FDIC Certificate #: 22598
    Status: Active
    Federal Reserve ID: 777441
    Bank Holding Company (Regulatory Top Holder): Clay Bancshares, Inc (RSSDID: 2186186, Location: Flora, IL)
    Date Established: January 19, 1978
    WWW: http://www.fbandtbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 14172
    FDIC's unique #: 15761
    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 19, 1978
    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: 1010 West North Avenue, Flora, IL 62839
    County: Clay
    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: $67.2 mil
    Equity capital: $6.4 mil
    Deposits held in domestic offices: $60.5 mil
    Return on assets (ROA): 0.52% ($0.3 mil)
    Quarterly return on assets: 0.55% ($0.4 mil)
    Return on Equity (ROE): 5.63% ($0.3 mil)
    Quarterly return on equity: 5.83% ($0.3 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.70% ($470.5 mil)
    Quarterly Pretax return on assets: 0.74% ($497.4 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
  • 24Total employees (full-time equivalent)
  • $67,212Total assets
  • $19,410Cash and due from depository institutions
  • $15,658Interest-bearing balances
  • $9,422Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $35,439Net loans & leases
  • $169Loan loss allowance
  • $0Trading account assets
  • $822Bank premises and fixed assets
  • $15Other real estate owned
  • $0Goodwill and other intangibles
  • $67,212Life insurance assets
  • $2,104All other assets
  • $60,799Total liabilities and capital
  • $60,548Total liabilities
  • $53,411Total deposits
  • $60,548Interest-bearing deposits
  • $73Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $251Subordinated debt
  • $6,413All other liabilities
  • $6,413Total equity capital
  • $6,413Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $1,750Surplus
  • $4,263Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $114Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $84Income earned, not collected on loans
  • $0Earning assets
  • $383Long-term assets (5+ years)
  • $60,519Average Assets, year-to-date
  • $6,932Average Assets, quarterly
  • $67,694Volatile liabilities
  • $67,087Insider loans
  • $34,466FHLB advances
  • $67,061Loans and leases held for sale
  • $222Unused loan commitments
  • $222Tier 1 (core) risk-based capital
  • $6,336Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,210Restructured Loans and leases
  • $143Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,483Total interest income
  • $599Total interest expense
  • $1,884Net interest income
  • $38Provision for loan and lease losses
  • $509Total noninterest income
  • $3Fiduciary activities
  • $315Service charges on deposit accounts
  • $0Trading account gains & fees
  • $191Additional noninterest income
  • $1,878Total noninterest expense
  • $1,013Salaries and employee benefits
  • $251Premises and equipment expense
  • $614Additional noninterest expense
  • $477Pre-tax net operating income
  • $0Securities gains (losses)
  • $125Applicable income taxes
  • $352Income before extraordinary items
  • $0Extraordinary gains - net
  • $352Net income attributable to bank
  • $0Net charge-offs
  • $352Cash dividends
  • $399Sale, conversion, retirement of capital stock, net
  • $32Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.11%Yield on earning assets
  • 0.99%Cost of funding earning assets
  • 3.12%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 3.11%Noninterest expense to earning assets
  • 0.52%Net operating income to assets
  • 0.52%Return on assets (ROA)
  • 0.70%Pretax return on assets
  • 5.63%Return on equity (ROE)
  • 5.12%Retained earnings to average equity (YTD only)
  • 1.14%Net charge-offs to loans
  • 9.52%Credit loss provision to net charge-offs
  • 1.29%Efficiency ratio
  • 78,479Assets per employee
  • 2.80%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 9.09%Loss allowance to loans
  • 0.47%Loss allowance to noncurrent loans
  • 201.19%Noncurrent assets plus other real estate owned to assets
  • 0.15%Noncurrent loans to loans
  • 0.24%Net loans and leases to deposits
  • 58.53%Net loans and leases to core deposits
  • 61.56%Equity capital to assets
  • 9.54%Core capital (leverage) ratio
  • 9.45%Tier 1 risk-based capital ratio
  • 18.38%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $67,694Average earning assets
  • $6,248Average equity
  • $60,363Average 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
  • $1,979Managed Assets
  • 1Number of Accounts
  • $1,841Personal trust and agency accounts
  • $1,841Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 5Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $138Other retirement accounts
  • $138Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 4 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015761Flora Bank & Trust1010 West North Avenue, Flora, IL 62839January 19, 1978Full Service Brick and Mortar
    1356715Stacy Burk Branch911 Stacy Burk Drive, Flora, IL 62839April 28, 2000Limited Service Retail
    2356748West North Avenue Branch131 West North Avenue, Flora, IL 62839April 28, 2000Limited Service Retail
    3500104North Clay Banking Center330 North Rt 45, Louisville, IL 62858December 18, 2009Full Service Brick and Mortar

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