Logan County Bank in Lincoln, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Logan County Bank - Overview

  • General
  • FDIC Certificate #: 18484
    Status: Active
    Federal Reserve ID: 364337
    Bank Holding Company (Regulatory Top Holder): Town And Country Financial Corporation (RSSDID: 1208531, Location: Springfield, IL)
    Date Established: Febuary 23, 1962
    WWW: http://www.logancountybank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 9214
    FDIC's unique #: 12379
    Numeric code: 13
    Regulator: FED
    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: Febuary 23, 1962
    Last Structure Change Effective Date: July 11, 2009
    Last Structure Change Process Date: September 03, 2009
    Last Data Update: September 03, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 303 Pulaski Street, Lincoln, IL 62656
    County: Logan
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Springfield Il
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Lincoln, IL (#30660)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $93.3 mil
    Equity capital: $8.7 mil
    Deposits held in domestic offices: $81.5 mil
    Return on assets (ROA): 0.96% ($0.9 mil)
    Quarterly return on assets: 1.06% ($1.0 mil)
    Return on Equity (ROE): 10.61% ($1.0 mil)
    Quarterly return on equity: 11.35% ($1.0 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.48% ($1,380.6 mil)
    Quarterly Pretax return on assets: 1.64% ($1,529.9 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
  • 18Total employees (full-time equivalent)
  • $93,284Total assets
  • $4,803Cash and due from depository institutions
  • $2,228Interest-bearing balances
  • $46,307Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $39,838Net loans & leases
  • $394Loan loss allowance
  • $0Trading account assets
  • $672Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $93,284Life insurance assets
  • $1,664All other assets
  • $84,598Total liabilities and capital
  • $81,522Total liabilities
  • $69,527Total deposits
  • $81,522Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,500Trading liabilities
  • $0Other borrowed funds
  • $576Subordinated debt
  • $8,686All other liabilities
  • $8,686Total equity capital
  • $8,686Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $3,350Surplus
  • $5,036Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $788Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $628Income earned, not collected on loans
  • $0Earning assets
  • $649Long-term assets (5+ years)
  • $88,373Average Assets, year-to-date
  • $25,750Average Assets, quarterly
  • $94,296Volatile liabilities
  • $93,073Insider loans
  • $56,008FHLB advances
  • $93,651Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,611Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,600Restructured Loans and leases
  • $30Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,583Total interest income
  • $621Total interest expense
  • $2,962Net interest income
  • $0Provision for loan and lease losses
  • $466Total noninterest income
  • $0Fiduciary activities
  • $260Service charges on deposit accounts
  • $0Trading account gains & fees
  • $206Additional noninterest income
  • $2,030Total noninterest expense
  • $796Salaries and employee benefits
  • $185Premises and equipment expense
  • $1,049Additional noninterest expense
  • $1,398Pre-tax net operating income
  • $0Securities gains (losses)
  • $492Applicable income taxes
  • $906Income before extraordinary items
  • $0Extraordinary gains - net
  • $906Net income attributable to bank
  • $0Net charge-offs
  • $906Cash dividends
  • $30Sale, conversion, retirement of capital stock, net
  • $705Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.98%Yield on earning assets
  • 0.69%Cost of funding earning assets
  • 3.29%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 2.25%Noninterest expense to earning assets
  • 0.96%Net operating income to assets
  • 0.96%Return on assets (ROA)
  • 1.48%Pretax return on assets
  • 10.61%Return on equity (ROE)
  • 2.35%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 46.60%Efficiency ratio
  • 59,218Assets per employee
  • 5.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 77.81%Loss allowance to loans
  • 0.98%Loss allowance to noncurrent loans
  • 62.74%Noncurrent assets plus other real estate owned to assets
  • 0.67%Noncurrent loans to loans
  • 1.56%Net loans and leases to deposits
  • 48.87%Net loans and leases to core deposits
  • 52.73%Equity capital to assets
  • 9.31%Core capital (leverage) ratio
  • 9.19%Tier 1 risk-based capital ratio
  • 15.37%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $94,296Average earning assets
  • $8,538Average equity
  • $90,083Average loans

Total Fiduciary and Related Assets (December 31, 2004)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $4,720Managed Assets
  • 1Number of Accounts
  • $4,622Personal trust and agency accounts
  • $1,747Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $2,875Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 29Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $98Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012379Logan County Bank303 Pulaski Street, Lincoln, IL 62656Febuary 23, 1962Full Service Brick and Mortar
    1245469Drive-In Facility809 Woodlawn Road, Lincoln, IL 62656September 08, 1977Limited Service Facility
    25408Town&Country Bank Branch100 Elm Street, Buffalo, IL 62515November 20, 1911Full Service Brick and Mortar

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