FDIC Certificate #: 31068 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Centrue Bank (#10881) Federal Reserve ID: 881777 Date Established: January 01, 1893 WWW:http://www.ilcommunitybank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 6332 FDIC's unique #: 43902 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) Insured commercial Banks: Yes FDIC Insured: Yes SAIF Insured: Yes State Chartered: Yes Date of Deposit Insurance: October 14, 1959 Last Structure Change Effective Date: August 24, 2005 Last Structure Change Process Date: August 24, 2005 Last Data Update: August 24, 2005 Data Source Date: April 05, 2012
Location
Address: 1300 North Keller Drive, Effingham, IL 62401 County: Effingham 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 Core Based Statistical Area (CBSA): Effingham, IL (#20820) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $31.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
19Total employees (full-time equivalent)
$32,585Total assets
$1,429Cash and due from depository institutions
$260Interest-bearing balances
$8,461Securities
$839Federal funds sold & reverse repurchase agreements
$19,144Net loans & leases
$266Loan loss allowance
$0Trading account assets
$1,652Bank premises and fixed assets
$221Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$839All other assets
$32,585Total liabilities and capital
$30,492Total liabilities
$29,910Total deposits
$26,695Interest-bearing deposits
$29,910Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$500Other borrowed funds
$0Subordinated debt
$82All other liabilities
$2,093Total equity capital
$2,093Total bank equity capital
$2,093Perpetual preferred stock
$0Common stock
$546Surplus
$4,632Undivided profits
Memoranda
$-3,085Noncurrent loans and leases
$1,108Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$192Earning assets
$0Long-term assets (5+ years)
$129Average Assets, year-to-date
$28,704Average Assets, quarterly
$13,212Volatile liabilities
$39,750Insider loans
$34,496FHLB advances
$1,243Loans and leases held for sale
$202Unused loan commitments
$500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,706Total risk weighted assets
$1,108Total unused commitments
$0Restructured Loans and leases
$229Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$1,809Total interest income
$536Total interest expense
$1,273Net interest income
$32Provision for loan and lease losses
$533Total noninterest income
$0Fiduciary activities
$94Service charges on deposit accounts
$0Trading account gains & fees
$439Additional noninterest income
$1,873Total noninterest expense
$799Salaries and employee benefits
$260Premises and equipment expense
$814Additional noninterest expense
-$99Pre-tax net operating income
$3Securities gains (losses)
$0Applicable income taxes
-$96Income before extraordinary items
-$95Extraordinary gains - net
-$191Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$61Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.22%Yield on earning assets
1.55%Cost of funding earning assets
3.68%Net interest margin
1.54%Noninterest income to earning assets
5.41%Noninterest expense to earning assets
-0.25%Net operating income to assets
-0.48%Return on assets (ROA)
-0.48%Pretax return on assets
-8.67%Return on equity (ROE)
-8.67%Retained earnings to average equity (YTD only)
0.28%Net charge-offs to loans
52.46%Credit loss provision to net charge-offs
-1.10%Efficiency ratio
102,879Assets per employee
1.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.37%Loss allowance to noncurrent loans
138.54%Noncurrent assets plus other real estate owned to assets
1.27%Noncurrent loans to loans
0.99%Net loans and leases to deposits
64.01%Net loans and leases to core deposits
65.64%Equity capital to assets
6.42%Core capital (leverage) ratio
5.65%Tier 1 risk-based capital ratio
11.64%Total risk-based capital ratio
Memoranda
$13Average assets
$39,750Average earning assets
$2,203Average equity
$34,635Average loans
Total Fiduciary and Related Assets (December 31, 2001)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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