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


  • Laura State Bank in Williamsfield, Illinois (IL)
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Laura State Bank - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    06957Laura State Bank206 Lions Drive, Williamsfield, IL 61489August 03, 1904Full Service Brick and Mortar

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