HomeStar Bank and Financial Services in Manteno, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

HomeStar Bank and Financial Services - Overview

  • General
  • FDIC Certificate #: 16375
    Status: Active
    Federal Reserve ID: 300036
    Bank Holding Company (Regulatory Top Holder): Homestar Financial Group, Inc. (RSSDID: 1209088, Location: Manteno, IL)
    Date Established: Febuary 23, 1946
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 9073
    FDIC's unique #: 10557
    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: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: Febuary 23, 1946
    Last Structure Change Effective Date: June 09, 2008
    Last Structure Change Process Date: August 25, 2009
    Last Data Update: August 25, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 303 Section Line Road, Manteno, IL 60950
    County: Kankakee
    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
    Metropolitan Statistical Area (MSA): Kankakee, IL (#3740)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Kankakee-Bradley, IL (#28100)
    CBSA Metro Statistical Area: Kankakee-Bradley, IL (#28100)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $365.6 mil
    Equity capital: $15.8 mil
    Deposits held in domestic offices: $329.0 mil
    Return on assets (ROA): -1.61% (-$5.9 mil)
    Quarterly return on assets: -0.95% (-$3.5 mil)
    Return on Equity (ROE): -36.49% (-$5.8 mil)
    Quarterly return on equity: -22.00% (-$3.5 mil)
    Net income: -$6.2 mil
    Quarterly Net income: -$0.9 mil
    Pretax return on assets: -1.61% (-$5,885.5 mil)
    Quarterly Pretax return on assets: -0.95% (-$3,472.8 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
  • 136Total employees (full-time equivalent)
  • $365,560Total assets
  • $72,669Cash and due from depository institutions
  • $69,935Interest-bearing balances
  • $38,161Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $217,910Net loans & leases
  • $9,165Loan loss allowance
  • $0Trading account assets
  • $13,518Bank premises and fixed assets
  • $3,055Other real estate owned
  • $2,436Goodwill and other intangibles
  • $365,560Life insurance assets
  • $17,811All other assets
  • $349,750Total liabilities and capital
  • $329,027Total liabilities
  • $283,241Total deposits
  • $329,027Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $18,152Trading liabilities
  • $0Other borrowed funds
  • $2,571Subordinated debt
  • $15,810All other liabilities
  • $15,810Total equity capital
  • $15,810Total bank equity capital
  • $0Perpetual preferred stock
  • $550Common stock
  • $18,982Surplus
  • $-3,722Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $785Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $25,408Income earned, not collected on loans
  • $0Earning assets
  • $1,757Long-term assets (5+ years)
  • $326,006Average Assets, year-to-date
  • $62,094Average Assets, quarterly
  • $385,205Volatile liabilities
  • $377,160Insider loans
  • $225,656FHLB advances
  • $374,473Loans and leases held for sale
  • $1,491Unused loan commitments
  • $895Tier 1 (core) risk-based capital
  • $15,148Tier 2 risk-based capital
  • $596Total risk weighted assets
  • $0Total unused commitments
  • $22,401Restructured Loans and leases
  • $293Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,697Total interest income
  • $2,833Total interest expense
  • $10,864Net interest income
  • $8,272Provision for loan and lease losses
  • $8,787Total noninterest income
  • $338Fiduciary activities
  • $967Service charges on deposit accounts
  • $0Trading account gains & fees
  • $7,482Additional noninterest income
  • $17,582Total noninterest expense
  • $8,879Salaries and employee benefits
  • $1,440Premises and equipment expense
  • $7,263Additional noninterest expense
  • -$6,203Pre-tax net operating income
  • $9Securities gains (losses)
  • $0Applicable income taxes
  • -$6,194Income before extraordinary items
  • $0Extraordinary gains - net
  • -$6,194Net income attributable to bank
  • $0Net charge-offs
  • -$6,194Cash dividends
  • $6,491Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.06%Yield on earning assets
  • 0.84%Cost of funding earning assets
  • 3.22%Net interest margin
  • 2.60%Noninterest income to earning assets
  • 5.21%Noninterest expense to earning assets
  • -1.61%Net operating income to assets
  • -1.61%Return on assets (ROA)
  • -1.61%Pretax return on assets
  • -36.49%Return on equity (ROE)
  • -36.49%Retained earnings to average equity (YTD only)
  • 2.55%Net charge-offs to loans
  • 127.44%Credit loss provision to net charge-offs
  • 0.32%Efficiency ratio
  • 89,471Assets per employee
  • 2.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.04%Loss allowance to noncurrent loans
  • 36.07%Noncurrent assets plus other real estate owned to assets
  • 7.79%Noncurrent loans to loans
  • 11.19%Net loans and leases to deposits
  • 66.23%Net loans and leases to core deposits
  • 67.61%Equity capital to assets
  • 4.32%Core capital (leverage) ratio
  • 4.05%Tier 1 risk-based capital ratio
  • 6.71%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $385,205Average earning assets
  • $16,976Average equity
  • $337,399Average 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
  • $29,882Managed Assets
  • 1Number of Accounts
  • $27,444Personal trust and agency accounts
  • $23,496Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $3,948Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 207Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $2,438Other retirement accounts
  • $2,438Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 5 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010557Homestar Bank And Financial Services303 Section Line Road, Manteno, IL 60950Febuary 23, 1946Full Service Brick and Mortar
    36678Bradley Branch435 East North Street, Bradley, IL 60915December 18, 1911Full Service Brick and Mortar
    4222409Bourbonnais Branch576 Latham Drive, Bourbonnais, IL 60914March 15, 1993Full Service Brick and Mortar
    7451643Manhattan Branch25640 S. Gougar Road, Manhattan, IL 60442December 15, 2005Full Service Brick and Mortar
    11477821Kankakee Branch255 East Station Street, Kankakee, IL 60901June 26, 2008Full Service Brick and Mortar

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