Illini Bank of Menard County in Petersburg, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 04, 1993

Illini Bank of Menard County in Petersburg, Illinois (IL)
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Illini Bank of Menard County - Overview

General
FDIC Certificate #: 19493
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Illini Bank (#19980)
Federal Reserve ID: 623539
Date Established: October 02, 1965
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 13293
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 02, 1965
Last Structure Change Effective Date: November 04, 1993
Last Structure Change Process Date: November 22, 1993
Last Data Update: November 22, 1993
Data Source Date: April 05, 2012
Location
Address: 420 East Sangamon Street, Petersburg, IL 62675
County: Menard
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Springfield Il
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Springfield, IL (#7880)
Core Based Statistical Area (CBSA): Springfield, IL (#44100)
CBSA Metro Statistical Area: Springfield, IL (#44100)
Financial Summary
Total assets: $19.7 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$11Total assets
$20,467Cash and due from depository institutions
$602Interest-bearing balances
$0Securities
$5,367Federal funds sold & reverse repurchase agreements
$430Net loans & leases
$13,602Loan loss allowance
$166Trading account assets
$0Bank premises and fixed assets
$246Other real estate owned
$29Goodwill and other intangibles
$191Life insurance assets
$0All other assets
$0Total liabilities and capital
$20,467Total liabilities
$19,108Total deposits
$18,916Interest-bearing deposits
$17,828Deposits held in domestic offices
18916.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$30Subordinated debt
$0All other liabilities
$162Total equity capital
$162Total bank equity capital
$1,359Perpetual preferred stock
$0Common stock
$350Surplus
$775Undivided profits
Memoranda
$234Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$32Income earned, not collected on loans
$91Earning assets
$19,399Long-term assets (5+ years)
$1,834Average Assets, year-to-date
$20,525Average Assets, quarterly
$20,508Volatile liabilities
$3,524Insider loans
$39FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$535Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,359Total risk weighted assets
$12,669Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$1,747Total interest expense
$979Net interest income
$768Provision for loan and lease losses
$39Total noninterest income
$94Fiduciary activities
$0Service charges on deposit accounts
$60Trading account gains & fees
$0Additional noninterest income
$34Total noninterest expense
$554Salaries and employee benefits
$224Premises and equipment expense
$87Additional noninterest expense
$243Pre-tax net operating income
$269Securities gains (losses)
-$10Applicable income taxes
$98Income before extraordinary items
$161Extraordinary gains - net
$0Net income attributable to bank
$161Net charge-offs
$45Cash dividends
$141Sale, 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
8.96%Cost of funding earning assets
5.02%Net interest margin
3.94%Noninterest income to earning assets
0.48%Noninterest expense to earning assets
2.84%Net operating income to assets
0.82%Return on assets (ROA)
0.78%Pretax return on assets
1.26%Return on equity (ROE)
11.99%Retained earnings to average equity (YTD only)
1.49%Net charge-offs to loans
0.33%Credit loss provision to net charge-offs
86.67%Efficiency ratio
64,269Assets per employee
1.86%Cash dividends to net income (YTD only)
Condition Ratios (%)
87.58%Loss allowance to loans
1.21%Loss allowance to noncurrent loans
518.75%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.23%Net loans and leases to deposits
71.91%Net loans and leases to core deposits
88.20%Equity capital to assets
6.64%Core capital (leverage) ratio
6.66%Tier 1 risk-based capital ratio
10.73%Total risk-based capital ratio
Memoranda
$12Average assets
$20,525Average earning assets
$1,343Average equity
$19,505Average loans

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