Independent Bankers' Bank Bridge Bank, National Association in Springfield, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 13, 2010

  • Independent Bankers' Bank Bridge Bank, National Association in Springfield, Illinois (IL)
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Independent Bankers' Bank Bridge Bank, National Association - Overview

  • General
  • FDIC Certificate #: 59021
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: TIB The Independent Bankersbank (#23647)
    Federal Reserve ID: 4031235
    Date Established: December 18, 2009
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 499537
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: December 18, 2009
    Last Structure Change Effective Date: January 13, 2010
    Last Structure Change Process Date: Febuary 02, 2010
    Last Data Update: Febuary 02, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 3161 West White Oaks Drive, Suite 300, Springfield, IL 62704
    County: Sangamon
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Not Assigned
    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)
  • History of Changes
  • Bridge Bank Merger
    Corrections
  • Financial Summary
  • Total assets: $269.4 mil

Assets and Liabilities (December 31, 2009)

  • Dollar figures in thousands
  • 46Total employees (full-time equivalent)
  • $269,446Total assets
  • $56,223Cash and due from depository institutions
  • $324Interest-bearing balances
  • $153,063Securities
  • $56,090Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $4,070All other assets
  • $269,446Total liabilities and capital
  • $332,556Total liabilities
  • $284,551Total deposits
  • $21,468Interest-bearing deposits
  • $284,551Deposits held in domestic offices
  • 23.23%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $47,800Other borrowed funds
  • $0Subordinated debt
  • $205All other liabilities
  • $-63,110Total equity capital
  • $-63,110Total bank equity capital
  • $-63,110Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-63,110Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $603Average Assets, year-to-date
  • $209,477Average Assets, quarterly
  • $21,431Volatile liabilities
  • $269,446Insider loans
  • $269,446FHLB advances
  • $20,127Loans and leases held for sale
  • $0Unused loan commitments
  • $47,800Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $20Total interest income
  • $241Total interest expense
  • -$221Net interest income
  • $0Provision for loan and lease losses
  • $365Total noninterest income
  • $0Fiduciary activities
  • $125Service charges on deposit accounts
  • $0Trading account gains & fees
  • $240Additional noninterest income
  • $333Total noninterest expense
  • $182Salaries and employee benefits
  • $12Premises and equipment expense
  • $139Additional noninterest expense
  • -$189Pre-tax net operating income
  • $1,974Securities gains (losses)
  • $0Applicable income taxes
  • $1,785Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,785Net income attributable to bank
  • $0Net charge-offs
  • $1,785Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.01%Yield on earning assets
  • 0.12%Cost of funding earning assets
  • -0.11%Net interest margin
  • 0.17%Noninterest income to earning assets
  • 0.16%Noninterest expense to earning assets
  • -0.07%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • -2.83%Return on equity (ROE)
  • -2.83%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
  • 231,250Assets per employee
  • 5.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.00%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
  • 0.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • -23.42%Core capital (leverage) ratio
  • -15.32%Tier 1 risk-based capital ratio
  • -124.33%Total risk-based capital ratio
  • Memoranda
  • -$124Average assets
  • $269,446Average earning assets
  • -$63,110Average equity
  • $209,477Average loans

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