Magna Bank of St. Clair County, National Association in Belleville, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 30, 1993

  • Magna Bank of St. Clair County, National Association in Belleville, Illinois (IL)
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Magna Bank of St. Clair County, National Association - Overview

  • General
  • FDIC Certificate #: 3763
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Magna Bank of Illinois, National Association (#3784)
    Federal Reserve ID: 203940
    Date Established: June 15, 1874
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 20 (Interstate: No)
    FDIC's unique #: 2427
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 30, 1993
    Last Structure Change Process Date: July 14, 1993
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 19 Public Square, Belleville, IL 62220
    County: St. Clair
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Mount Vernon
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040)
    Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
    Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
    CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
  • History of Changes
  • Consolidated - Without Assistance
  • Financial Summary
  • Total assets: $1,027.0 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $485Total assets
  • $1,108,984Cash and due from depository institutions
  • $110,115Interest-bearing balances
  • $0Securities
  • $245,745Federal funds sold & reverse repurchase agreements
  • $49,250Net loans & leases
  • $658,403Loan loss allowance
  • $9,325Trading account assets
  • $0Bank premises and fixed assets
  • $18,440Other real estate owned
  • $7,160Goodwill and other intangibles
  • $17,531Life insurance assets
  • $2,340All other assets
  • $0Total liabilities and capital
  • $1,108,984Total liabilities
  • $1,025,069Total deposits
  • $959,953Interest-bearing deposits
  • $741,810Deposits held in domestic offices
  • 959953.00%% insured (estimated)
  • $78Federal funds purchased & repurchase agreements
  • $50,784Trading liabilities
  • $0Other borrowed funds
  • $6,248Subordinated debt
  • $1,132All other liabilities
  • $6,952Total equity capital
  • $6,952Total bank equity capital
  • $83,915Perpetual preferred stock
  • $0Common stock
  • $3,990Surplus
  • $46,580Undivided profits
  • Memoranda
  • $33,345Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $14,746Income earned, not collected on loans
  • $3,524Earning assets
  • $953,398Long-term assets (5+ years)
  • $216,288Average Assets, year-to-date
  • $1,040,987Average Assets, quarterly
  • $1,066,859Volatile liabilities
  • $106,313Insider loans
  • $148FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $145,693Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $81,575Total risk weighted assets
  • $721,619Total unused commitments
  • $0Restructured Loans and leases
  • $33,500Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $74,527Total interest expense
  • $34,084Net interest income
  • $40,443Provision for loan and lease losses
  • $8,241Total noninterest income
  • $13,078Fiduciary activities
  • $0Service charges on deposit accounts
  • $4,239Trading account gains & fees
  • $12Additional noninterest income
  • $8,827Total noninterest expense
  • $38,538Salaries and employee benefits
  • $13,489Premises and equipment expense
  • $6,103Additional noninterest expense
  • $18,946Pre-tax net operating income
  • $6,742Securities gains (losses)
  • $71Applicable income taxes
  • $1,035Income before extraordinary items
  • $5,778Extraordinary gains - net
  • $0Net income attributable to bank
  • $5,778Net charge-offs
  • $20,494Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.17%Cost of funding earning assets
  • 3.73%Net interest margin
  • 4.43%Noninterest income to earning assets
  • 1.43%Noninterest expense to earning assets
  • 4.22%Net operating income to assets
  • 0.55%Return on assets (ROA)
  • 0.56%Pretax return on assets
  • 0.65%Return on equity (ROE)
  • 7.19%Retained earnings to average equity (YTD only)
  • 7.19%Net charge-offs to loans
  • 3.01%Credit loss provision to net charge-offs
  • 40.21%Efficiency ratio
  • 71,746Assets per employee
  • 2.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.40%Loss allowance to noncurrent loans
  • 63.24%Noncurrent assets plus other real estate owned to assets
  • 1.98%Noncurrent loans to loans
  • 2.21%Net loans and leases to deposits
  • 68.59%Net loans and leases to core deposits
  • 72.46%Equity capital to assets
  • 7.57%Core capital (leverage) ratio
  • 7.76%Tier 1 risk-based capital ratio
  • 11.30%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,040,987Average earning assets
  • $80,328Average equity
  • $912,698Average loans

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