FDIC Certificate #: 22609 Status: Active Federal Reserve ID: 765130 Bank Holding Company (Regulatory Top Holder): Iteam Companies, Inc. (RSSDID: 3327669, Location: Brookfield, WI) Date Established: Febuary 11, 1978 WWW:http://www.kenneybank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 15770 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: Other Specialized Lending < 1 Billion Date of Deposit Insurance: Febuary 11, 1978 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: Route 54 And Jordan Street, Kenney, IL 61749 County: De Witt 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $80.9 mil Equity capital: $8.9 mil Deposits held in domestic offices: $71.6 mil Return on assets (ROA): 0.25% ($0.2 mil) Quarterly return on assets: 0.13% ($0.1 mil) Return on Equity (ROE): 2.11% ($0.2 mil) Quarterly return on equity: 1.18% ($0.1 mil) Net income: $0.2 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.40% ($323.5 mil) Quarterly Pretax return on assets: 0.21% ($169.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
14Total employees (full-time equivalent)
$80,865Total assets
$59,595Cash and due from depository institutions
$55,731Interest-bearing balances
$300Securities
$0Federal funds sold & reverse repurchase agreements
$19,129Net loans & leases
$637Loan loss allowance
$0Trading account assets
$338Bank premises and fixed assets
$0Other real estate owned
$449Goodwill and other intangibles
$80,865Life insurance assets
$1,054All other assets
$71,990Total liabilities and capital
$71,552Total liabilities
$18,405Total deposits
$71,552Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$438Subordinated debt
$8,875All other liabilities
$8,864Total equity capital
$8,864Total bank equity capital
$0Perpetual preferred stock
$5,000Common stock
$4,007Surplus
$-143Undivided profits
Memoranda
$11Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,265Income earned, not collected on loans
$0Earning assets
$61Long-term assets (5+ years)
$75,160Average Assets, year-to-date
$1,671Average Assets, quarterly
$74,044Volatile liabilities
$78,228Insider loans
$18,905FHLB advances
$75,782Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,426Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$481Restructured Loans and leases
$2,980Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,240Total interest income
$76Total interest expense
$1,164Net interest income
$274Provision for loan and lease losses
$1,656Total noninterest income
$0Fiduciary activities
$973Service charges on deposit accounts
$0Trading account gains & fees
$683Additional noninterest income
$2,249Total noninterest expense
$915Salaries and employee benefits
$127Premises and equipment expense
$1,207Additional noninterest expense
$297Pre-tax net operating income
$0Securities gains (losses)
$111Applicable income taxes
$186Income before extraordinary items
$0Extraordinary gains - net
$186Net income attributable to bank
$0Net charge-offs
$186Cash dividends
$14Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
1.82%Yield on earning assets
0.11%Cost of funding earning assets
1.71%Net interest margin
2.43%Noninterest income to earning assets
3.30%Noninterest expense to earning assets
0.25%Net operating income to assets
0.25%Return on assets (ROA)
0.40%Pretax return on assets
2.11%Return on equity (ROE)
2.11%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
1957.14%Credit loss provision to net charge-offs
40.79%Efficiency ratio
79,752Assets per employee
5.78%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.22%Loss allowance to noncurrent loans
50.36%Noncurrent assets plus other real estate owned to assets
1.56%Noncurrent loans to loans
6.40%Net loans and leases to deposits
26.73%Net loans and leases to core deposits
26.73%Equity capital to assets
10.96%Core capital (leverage) ratio
11.12%Tier 1 risk-based capital ratio
44.57%Total risk-based capital ratio
Memoranda
$46Average assets
$74,044Average earning assets
$8,795Average equity
$68,054Average loans
Bank Assets Sold and Securitized (December 31, 2008)
Dollar figures in thousands
Principal balance with servicing or other recourse retained
$2,0001-4 family residential loans
$0Home equity lines
$0Credit cards receivables
$0Auto loans
$0Other consumer loans
$0Commercial and industrial loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
15770
Kenney Bank And Trust
Route 54 And Jordan Street, Kenney, IL 61749
Febuary 11, 1978
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Kenney Bank and Trust.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: