FDIC Certificate #: 10874 Status: Active Federal Reserve ID: 355737 Date Established: August 03, 1904 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 #: 6957 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: August 29, 2006 Last Structure Change Process Date: August 30, 2006 Last Data Update: August 30, 2006 Data Source Date: April 05, 2012
Location
Address: 206 Lions Drive, Williamsfield, IL 61489 County: Knox 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): Galesburg, IL (#23660) CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Financial Summary
Total assets: $13.9 mil Equity capital: $1.8 mil Deposits held in domestic offices: $12.1 mil Return on assets (ROA): 0.07% ($0.0 mil) Quarterly return on assets: 0.06% ($0.0 mil) Return on Equity (ROE): 0.55% ($0.0 mil) Quarterly return on equity: 0.44% ($0.0 mil) Net income: $0.0 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.07% ($9.7 mil) Quarterly Pretax return on assets: 0.06% ($8.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
2Total employees (full-time equivalent)
$13,890Total assets
$6,178Cash and due from depository institutions
$5,139Interest-bearing balances
$665Securities
$1,035Federal funds sold & reverse repurchase agreements
$5,698Net loans & leases
$147Loan loss allowance
$0Trading account assets
$64Bank premises and fixed assets
$115Other real estate owned
$0Goodwill and other intangibles
$13,890Life insurance assets
$135All other assets
$12,062Total liabilities and capital
$12,052Total liabilities
$8,869Total deposits
$12,052Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$10Subordinated debt
$1,828All other liabilities
$1,828Total equity capital
$1,828Total bank equity capital
$0Perpetual preferred stock
$70Common stock
$690Surplus
$1,068Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$182Income earned, not collected on loans
$0Earning assets
$86Long-term assets (5+ years)
$12,537Average Assets, year-to-date
$105Average Assets, quarterly
$13,947Volatile liabilities
$14,111Insider loans
$6,280FHLB advances
$14,518Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,828Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$393Total interest income
$55Total interest expense
$338Net interest income
$24Provision for loan and lease losses
$73Total noninterest income
$0Fiduciary activities
$59Service charges on deposit accounts
$0Trading account gains & fees
$14Additional noninterest income
$377Total noninterest expense
$187Salaries and employee benefits
$95Premises and equipment expense
$95Additional noninterest expense
$10Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$10Income before extraordinary items
$0Extraordinary gains - net
$10Net income attributable to bank
$0Net charge-offs
$10Cash dividends
$4Sale, conversion, retirement of capital stock, net
$6Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.36%Yield on earning assets
0.47%Cost of funding earning assets
2.89%Net interest margin
0.62%Noninterest income to earning assets
3.22%Noninterest expense to earning assets
0.07%Net operating income to assets
0.07%Return on assets (ROA)
0.07%Pretax return on assets
0.55%Return on equity (ROE)
0.22%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
600.00%Credit loss provision to net charge-offs
8.50%Efficiency ratio
91,727Assets per employee
6.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
60.00%Loss allowance to loans
2.51%Loss allowance to noncurrent loans
80.77%Noncurrent assets plus other real estate owned to assets
2.14%Noncurrent loans to loans
3.11%Net loans and leases to deposits
47.28%Net loans and leases to core deposits
47.28%Equity capital to assets
13.16%Core capital (leverage) ratio
12.59%Tier 1 risk-based capital ratio
29.11%Total risk-based capital ratio
Memoranda
$30Average assets
$13,947Average earning assets
$1,823Average equity
$11,702Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6957
Laura State Bank
206 Lions Drive, Williamsfield, IL 61489
August 03, 1904
Full Service Brick and Mortar
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