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

Goodfield State Bank - Overview

  • General
  • FDIC Certificate #: 11699
    Status: Active
    Federal Reserve ID: 936837
    Bank Holding Company (Regulatory Top Holder): Goodfield Financial Corporation (RSSDID: 3154333, Location: Goodfield, IL)
    Date Established: December 14, 1920
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 7478
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending 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: 201 South Eureka Street, Goodfield, IL 61742
    County: Woodford
    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
    Metropolitan Statistical Area (MSA): Peoria-Pekin, IL (#6120)
    Combined Statistical Area (CSA): Peoria-Canton, IL (#426)
    Core Based Statistical Area (CBSA): Peoria, IL (#37900)
    CBSA Metro Statistical Area: Peoria, IL (#37900)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $70.0 mil
    Equity capital: $9.2 mil
    Deposits held in domestic offices: $58.7 mil
    Return on assets (ROA): 3.18% ($2.2 mil)
    Quarterly return on assets: 2.82% ($2.0 mil)
    Return on Equity (ROE): 26.46% ($2.4 mil)
    Quarterly return on equity: 21.82% ($2.0 mil)
    Net income: $2.2 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 3.23% ($2,261.7 mil)
    Quarterly Pretax return on assets: 2.85% ($1,995.7 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
  • 17Total employees (full-time equivalent)
  • $70,023Total assets
  • $3,421Cash and due from depository institutions
  • $1,141Interest-bearing balances
  • $16,074Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $47,536Net loans & leases
  • $501Loan loss allowance
  • $0Trading account assets
  • $1,593Bank premises and fixed assets
  • $472Other real estate owned
  • $0Goodwill and other intangibles
  • $70,023Life insurance assets
  • $927All other assets
  • $60,833Total liabilities and capital
  • $58,691Total liabilities
  • $51,098Total deposits
  • $58,691Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $142Subordinated debt
  • $9,190All other liabilities
  • $9,190Total equity capital
  • $9,190Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $600Surplus
  • $8,290Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,150Income earned, not collected on loans
  • $0Earning assets
  • $501Long-term assets (5+ years)
  • $64,751Average Assets, year-to-date
  • $15,485Average Assets, quarterly
  • $68,754Volatile liabilities
  • $69,247Insider loans
  • $64,540FHLB advances
  • $68,264Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,583Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,955Restructured Loans and leases
  • $1,223Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,596Total interest income
  • $599Total interest expense
  • $2,997Net interest income
  • $213Provision for loan and lease losses
  • $1,269Total noninterest income
  • $0Fiduciary activities
  • $89Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,180Additional noninterest income
  • $1,835Total noninterest expense
  • $982Salaries and employee benefits
  • $270Premises and equipment expense
  • $583Additional noninterest expense
  • $2,218Pre-tax net operating income
  • $0Securities gains (losses)
  • $33Applicable income taxes
  • $2,185Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,185Net income attributable to bank
  • $0Net charge-offs
  • $2,185Cash dividends
  • $266Sale, conversion, retirement of capital stock, net
  • $1,050Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.66%Yield on earning assets
  • 0.94%Cost of funding earning assets
  • 4.71%Net interest margin
  • 2.00%Noninterest income to earning assets
  • 2.89%Noninterest expense to earning assets
  • 3.18%Net operating income to assets
  • 3.18%Return on assets (ROA)
  • 3.23%Pretax return on assets
  • 26.46%Return on equity (ROE)
  • 13.75%Retained earnings to average equity (YTD only)
  • 0.60%Net charge-offs to loans
  • 80.08%Credit loss provision to net charge-offs
  • 9.14%Efficiency ratio
  • 43,015Assets per employee
  • 4.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.05%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 43.57%Noncurrent assets plus other real estate owned to assets
  • 2.32%Noncurrent loans to loans
  • 2.39%Net loans and leases to deposits
  • 80.99%Net loans and leases to core deposits
  • 82.98%Equity capital to assets
  • 13.12%Core capital (leverage) ratio
  • 12.57%Tier 1 risk-based capital ratio
  • 13.30%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $68,754Average earning assets
  • $8,257Average equity
  • $63,566Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07478Goodfield State Bank201 South Eureka Street, Goodfield, IL 61742December 14, 1920Full Service Brick and Mortar
    1472039Eureka Branch1805 South Main Street, Eureka, IL 61530Febuary 14, 2007Full Service Retail

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