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

This bank is inactive as of May 24, 1993

  • Godfrey State Bank in Godfrey, Illinois (IL)
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Godfrey State Bank - Overview

  • General
  • FDIC Certificate #: 18306
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mercantile Bank of Illinois (#11322)
    Federal Reserve ID: 646547
    Date Established: October 24, 1960
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 12222
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 24, 1960
    Last Structure Change Effective Date: May 24, 1993
    Last Structure Change Process Date: June 03, 1993
    Last Data Update: June 03, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 5759 Godfrey Road, Godfrey, IL 62035
    County: Madison
    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
    Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040)
    Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
    Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
    CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
  • Financial Summary
  • Total assets: $28.6 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $23Total assets
  • $29,060Cash and due from depository institutions
  • $1,509Interest-bearing balances
  • $0Securities
  • $13,127Federal funds sold & reverse repurchase agreements
  • $1,100Net loans & leases
  • $12,738Loan loss allowance
  • $350Trading account assets
  • $0Bank premises and fixed assets
  • $125Other real estate owned
  • $113Goodwill and other intangibles
  • $348Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $29,060Total liabilities
  • $25,675Total deposits
  • $25,450Interest-bearing deposits
  • $22,798Deposits held in domestic offices
  • 25450.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $225Total equity capital
  • $225Total bank equity capital
  • $3,385Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $1,200Undivided profits
  • Memoranda
  • $1,885Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $448Income earned, not collected on loans
  • $98Earning assets
  • $26,965Long-term assets (5+ years)
  • $10,667Average Assets, year-to-date
  • $28,395Average Assets, quarterly
  • $28,639Volatile liabilities
  • $2,940Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $184Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,385Total risk weighted assets
  • $12,704Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,295Total interest expense
  • $942Net interest income
  • $1,353Provision for loan and lease losses
  • $64Total noninterest income
  • $236Fiduciary activities
  • $0Service charges on deposit accounts
  • $178Trading account gains & fees
  • $0Additional noninterest income
  • $58Total noninterest expense
  • $990Salaries and employee benefits
  • $495Premises and equipment expense
  • $84Additional noninterest expense
  • $411Pre-tax net operating income
  • $535Securities gains (losses)
  • $0Applicable income taxes
  • $174Income before extraordinary items
  • $361Extraordinary gains - net
  • $0Net income attributable to bank
  • $361Net charge-offs
  • $64Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.77%Cost of funding earning assets
  • 3.60%Net interest margin
  • 5.17%Noninterest income to earning assets
  • 0.90%Noninterest expense to earning assets
  • 3.78%Net operating income to assets
  • 1.27%Return on assets (ROA)
  • 1.27%Pretax return on assets
  • 1.88%Return on equity (ROE)
  • 11.25%Retained earnings to average equity (YTD only)
  • 11.25%Net charge-offs to loans
  • 0.42%Credit loss provision to net charge-offs
  • 100.00%Efficiency ratio
  • 62,303Assets per employee
  • 1.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.67%Loss allowance to noncurrent loans
  • 78.13%Noncurrent assets plus other real estate owned to assets
  • 1.93%Noncurrent loans to loans
  • 3.42%Net loans and leases to deposits
  • 50.05%Net loans and leases to core deposits
  • 56.59%Equity capital to assets
  • 11.65%Core capital (leverage) ratio
  • 11.55%Tier 1 risk-based capital ratio
  • 26.65%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $28,395Average earning assets
  • $3,208Average equity
  • $26,157Average loans

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