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


Flora Savings Bank - Overview

  • General
  • FDIC Certificate #: 27685
    Status: Active
    Federal Reserve ID: 776275
    Date Established: January 01, 1904
    WWW: http://www.florasavingsbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 110
    FDIC's unique #: 40519
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: Mortgage Lending Specialization
    Date of Deposit Insurance: Febuary 20, 1957
    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: 128 West Second Street, 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: $30.1 mil
    Equity capital: $2.9 mil
    Deposits held in domestic offices: $27.2 mil
    Return on assets (ROA): -0.71% (-$0.2 mil)
    Quarterly return on assets: -3.74% (-$1.1 mil)
    Return on Equity (ROE): -7.00% (-$0.2 mil)
    Quarterly return on equity: -37.31% (-$1.1 mil)
    Net income: -$0.2 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: -0.83% (-$249.7 mil)
    Quarterly Pretax return on assets: -4.11% (-$1,236.3 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
  • 7Total employees (full-time equivalent)
  • $30,081Total assets
  • $4,619Cash and due from depository institutions
  • $4,361Interest-bearing balances
  • $2,783Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $21,268Net loans & leases
  • $162Loan loss allowance
  • $0Trading account assets
  • $88Bank premises and fixed assets
  • $87Other real estate owned
  • $0Goodwill and other intangibles
  • $30,081Life insurance assets
  • $1,236All other assets
  • $27,220Total liabilities and capital
  • $27,173Total liabilities
  • $26,390Total deposits
  • $27,173Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $47Subordinated debt
  • $2,861All other liabilities
  • $2,861Total equity capital
  • $2,861Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $2,861Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $912Income earned, not collected on loans
  • $0Earning assets
  • $108Long-term assets (5+ years)
  • $28,412Average Assets, year-to-date
  • $2,773Average Assets, quarterly
  • $29,935Volatile liabilities
  • $29,911Insider loans
  • $18,160FHLB advances
  • $29,981Loans and leases held for sale
  • $804Unused loan commitments
  • $804Tier 1 (core) risk-based capital
  • $2,861Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,365Restructured Loans and leases
  • $358Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,412Total interest income
  • $569Total interest expense
  • $843Net interest income
  • $369Provision for loan and lease losses
  • $78Total noninterest income
  • $0Fiduciary activities
  • $38Service charges on deposit accounts
  • $0Trading account gains & fees
  • $40Additional noninterest income
  • $799Total noninterest expense
  • $373Salaries and employee benefits
  • $39Premises and equipment expense
  • $387Additional noninterest expense
  • -$247Pre-tax net operating income
  • $0Securities gains (losses)
  • -$33Applicable income taxes
  • -$214Income before extraordinary items
  • $0Extraordinary gains - net
  • -$214Net income attributable to bank
  • $0Net charge-offs
  • -$214Cash dividends
  • $416Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.99%Yield on earning assets
  • 2.01%Cost of funding earning assets
  • 2.98%Net interest margin
  • 0.28%Noninterest income to earning assets
  • 2.82%Noninterest expense to earning assets
  • -0.71%Net operating income to assets
  • -0.71%Return on assets (ROA)
  • -0.83%Pretax return on assets
  • -7.00%Return on equity (ROE)
  • -7.00%Retained earnings to average equity (YTD only)
  • 1.95%Net charge-offs to loans
  • 88.70%Credit loss provision to net charge-offs
  • 0.29%Efficiency ratio
  • 86,754Assets per employee
  • 4.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.76%Loss allowance to noncurrent loans
  • 17.76%Noncurrent assets plus other real estate owned to assets
  • 3.32%Noncurrent loans to loans
  • 4.26%Net loans and leases to deposits
  • 78.27%Net loans and leases to core deposits
  • 81.61%Equity capital to assets
  • 9.51%Core capital (leverage) ratio
  • 9.54%Tier 1 risk-based capital ratio
  • 15.75%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $29,935Average earning assets
  • $3,058Average equity
  • $28,322Average loans

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040519Flora Savings Bank128 West Second Street, Flora, IL 62839January 01, 1904Full Service Brick and Mortar

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