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


Hardware State Bank - Overview

  • General
  • FDIC Certificate #: 12408
    Status: Active
    Federal Reserve ID: 413730
    Bank Holding Company (Regulatory Top Holder): Moultrie Bancorp, Inc. (RSSDID: 1205820, Location: Lovington, IL)
    Date Established: November 01, 1885
    WWW: http://www.hardwarestatebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 7894
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 19, 2011
    Last Structure Change Process Date: December 22, 2011
    Last Data Update: December 22, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 102 West State Street, Lovington, IL 61937
    County: Moultrie
    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
  • History of Changes
  • Change in Trust Powers
  • Financial Summary
  • Total assets: $23.7 mil
    Equity capital: $2.0 mil
    Deposits held in domestic offices: $21.7 mil
    Return on assets (ROA): 0.19% ($0.0 mil)
    Quarterly return on assets: 0.13% ($0.0 mil)
    Return on Equity (ROE): 2.33% ($0.0 mil)
    Quarterly return on equity: 1.77% ($0.0 mil)
    Net income: $0.0 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.19% ($45.1 mil)
    Quarterly Pretax return on assets: 0.13% ($30.9 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
  • 5Total employees (full-time equivalent)
  • $23,737Total assets
  • $9,949Cash and due from depository institutions
  • $9,512Interest-bearing balances
  • $1,402Securities
  • $1,151Federal funds sold & reverse repurchase agreements
  • $10,049Net loans & leases
  • $165Loan loss allowance
  • $0Trading account assets
  • $245Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $23,737Life insurance assets
  • $941All other assets
  • $21,706Total liabilities and capital
  • $21,662Total liabilities
  • $19,319Total deposits
  • $21,662Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $44Subordinated debt
  • $2,031All other liabilities
  • $2,031Total equity capital
  • $2,031Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $850Surplus
  • $1,031Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $165Long-term assets (5+ years)
  • $22,114Average Assets, year-to-date
  • $2,716Average Assets, quarterly
  • $25,098Volatile liabilities
  • $26,717Insider loans
  • $11,673FHLB advances
  • $28,923Loans and leases held for sale
  • $619Unused loan commitments
  • $619Tier 1 (core) risk-based capital
  • $2,025Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,388Restructured Loans and leases
  • $492Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $667Total interest income
  • $109Total interest expense
  • $558Net interest income
  • $25Provision for loan and lease losses
  • $72Total noninterest income
  • $0Fiduciary activities
  • $32Service charges on deposit accounts
  • $0Trading account gains & fees
  • $40Additional noninterest income
  • $568Total noninterest expense
  • $271Salaries and employee benefits
  • $94Premises and equipment expense
  • $203Additional noninterest expense
  • $37Pre-tax net operating income
  • $10Securities gains (losses)
  • $0Applicable income taxes
  • $47Income before extraordinary items
  • $0Extraordinary gains - net
  • $47Net income attributable to bank
  • $0Net charge-offs
  • $47Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $24Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.92%Yield on earning assets
  • 0.48%Cost of funding earning assets
  • 2.44%Net interest margin
  • 0.31%Noninterest income to earning assets
  • 2.48%Noninterest expense to earning assets
  • 0.15%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.19%Pretax return on assets
  • 2.33%Return on equity (ROE)
  • 1.14%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 90,159Assets per employee
  • 4.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.06%Loss allowance to loans
  • 1.62%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 46.39%Net loans and leases to core deposits
  • 48.41%Equity capital to assets
  • 8.56%Core capital (leverage) ratio
  • 7.00%Tier 1 risk-based capital ratio
  • 17.35%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $25,098Average earning assets
  • $2,014Average equity
  • $22,863Average loans

Total Fiduciary and Related Assets (December 31, 2009)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,131Managed Assets
  • 1Number of Accounts
  • $1,131Personal trust and agency accounts
  • $1,131Employee 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
  • 3Number 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

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07894Hardware State Bank102 West State Street, Lovington, IL 61937November 01, 1885Full Service Brick and Mortar

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