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


  • Joy State Bank in Joy, Illinois (IL)
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Joy State Bank routing number info

Joy State Bank - Overview

  • General
  • FDIC Certificate #: 11329
    Status: Active
    Federal Reserve ID: 948036
    Bank Holding Company (Regulatory Top Holder): Bluestem Development Corporation (RSSDID: 2497275, Location: Joy, IL)
    Date Established: January 01, 1921
    WWW: http://www.joystatebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 7236
    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: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 W Main St., Joy, IL 61260
    County: Mercer
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
    CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $44.7 mil
    Equity capital: $3.9 mil
    Deposits held in domestic offices: $38.7 mil
    Return on assets (ROA): 0.84% ($0.4 mil)
    Quarterly return on assets: 0.68% ($0.3 mil)
    Return on Equity (ROE): 9.56% ($0.4 mil)
    Quarterly return on equity: 7.69% ($0.3 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.11% ($496.2 mil)
    Quarterly Pretax return on assets: 0.81% ($362.1 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
  • 14Total employees (full-time equivalent)
  • $44,705Total assets
  • $2,967Cash and due from depository institutions
  • $20Interest-bearing balances
  • $12,035Securities
  • $1,190Federal funds sold & reverse repurchase agreements
  • $25,842Net loans & leases
  • $618Loan loss allowance
  • $0Trading account assets
  • $247Bank premises and fixed assets
  • $0Other real estate owned
  • $329Goodwill and other intangibles
  • $44,705Life insurance assets
  • $2,095All other assets
  • $40,827Total liabilities and capital
  • $38,669Total liabilities
  • $34,662Total deposits
  • $38,669Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,325Trading liabilities
  • $0Other borrowed funds
  • $833Subordinated debt
  • $3,878All other liabilities
  • $3,878Total equity capital
  • $3,878Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $2,319Surplus
  • $1,259Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $889Income earned, not collected on loans
  • $0Earning assets
  • $384Long-term assets (5+ years)
  • $39,087Average Assets, year-to-date
  • $2,937Average Assets, quarterly
  • $42,537Volatile liabilities
  • $43,742Insider loans
  • $30,619FHLB advances
  • $44,729Loans and leases held for sale
  • $1,228Unused loan commitments
  • $1,228Tier 1 (core) risk-based capital
  • $3,400Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,984Restructured Loans and leases
  • $564Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,247Total interest income
  • $680Total interest expense
  • $1,567Net interest income
  • $180Provision for loan and lease losses
  • $190Total noninterest income
  • $0Fiduciary activities
  • $100Service charges on deposit accounts
  • $0Trading account gains & fees
  • $90Additional noninterest income
  • $1,130Total noninterest expense
  • $624Salaries and employee benefits
  • $102Premises and equipment expense
  • $404Additional noninterest expense
  • $447Pre-tax net operating income
  • $24Securities gains (losses)
  • $113Applicable income taxes
  • $358Income before extraordinary items
  • $0Extraordinary gains - net
  • $358Net income attributable to bank
  • $0Net charge-offs
  • $358Cash dividends
  • $114Sale, conversion, retirement of capital stock, net
  • $200Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.89%Yield on earning assets
  • 1.78%Cost of funding earning assets
  • 4.11%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 2.96%Noninterest expense to earning assets
  • 0.80%Net operating income to assets
  • 0.84%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 9.56%Return on equity (ROE)
  • 4.22%Retained earnings to average equity (YTD only)
  • 0.43%Net charge-offs to loans
  • 157.89%Credit loss provision to net charge-offs
  • 5.50%Efficiency ratio
  • 64,314Assets per employee
  • 3.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 55.87%Loss allowance to loans
  • 2.34%Loss allowance to noncurrent loans
  • 69.52%Noncurrent assets plus other real estate owned to assets
  • 1.99%Noncurrent loans to loans
  • 3.36%Net loans and leases to deposits
  • 66.83%Net loans and leases to core deposits
  • 67.31%Equity capital to assets
  • 8.67%Core capital (leverage) ratio
  • 7.60%Tier 1 risk-based capital ratio
  • 11.10%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $42,537Average earning assets
  • $3,746Average equity
  • $38,119Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    07236Joy State Bank101 W Main St., Joy, IL 61260January 01, 1921Full Service Brick and Mortar
    1224357New Boston FacilityMain And Fifth Streets, New Boston, IL 61272October 01, 1982Full Service Brick and Mortar

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