FDIC Certificate #: 10807 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First State Bank of Van Orin (#10809) Federal Reserve ID: 420233 Date Established: June 10, 1910 WWW:http://www.maldenbank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 15972 FDIC's unique #: 6912 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 01, 2004 Last Structure Change Process Date: March 11, 2004 Last Data Update: March 11, 2004 Data Source Date: April 05, 2012
Location
Address: Main Street, Malden, IL 61337 County: Bureau 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): Ottawa-Streator, IL (#36860) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $13.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
4Total employees (full-time equivalent)
$13,258Total assets
$893Cash and due from depository institutions
$381Interest-bearing balances
$4,627Securities
$0Federal funds sold & reverse repurchase agreements
$6,918Net loans & leases
$156Loan loss allowance
$0Trading account assets
$22Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$798All other assets
$13,258Total liabilities and capital
$11,449Total liabilities
$11,176Total deposits
$10,096Interest-bearing deposits
$11,176Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$273All other liabilities
$1,809Total equity capital
$1,809Total bank equity capital
$1,809Perpetual preferred stock
$0Common stock
$150Surplus
$750Undivided profits
Memoranda
$909Noncurrent loans and leases
$271Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$16Earning assets
$0Long-term assets (5+ years)
$119Average Assets, year-to-date
$11,926Average Assets, quarterly
$3,661Volatile liabilities
$13,473Insider loans
$13,180FHLB advances
$1,113Loans and leases held for sale
$257Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$271Total unused commitments
$0Restructured Loans and leases
$107Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$669Total interest income
$203Total interest expense
$466Net interest income
$2Provision for loan and lease losses
$67Total noninterest income
$0Fiduciary activities
$28Service charges on deposit accounts
$0Trading account gains & fees
$39Additional noninterest income
$340Total noninterest expense
$225Salaries and employee benefits
$39Premises and equipment expense
$76Additional noninterest expense
$191Pre-tax net operating income
$0Securities gains (losses)
$1Applicable income taxes
$190Income before extraordinary items
$0Extraordinary gains - net
$190Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$2Sale, conversion, retirement of capital stock, net
$181Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.62%Yield on earning assets
1.70%Cost of funding earning assets
3.91%Net interest margin
0.56%Noninterest income to earning assets
2.86%Noninterest expense to earning assets
1.41%Net operating income to assets
1.41%Return on assets (ROA)
1.42%Pretax return on assets
10.57%Return on equity (ROE)
0.50%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
96.50%Efficiency ratio
63,790Assets per employee
3.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
95.26%Loss allowance to loans
2.21%Loss allowance to noncurrent loans
975.00%Noncurrent assets plus other real estate owned to assets
0.12%Noncurrent loans to loans
0.23%Net loans and leases to deposits
61.90%Net loans and leases to core deposits
68.75%Equity capital to assets
13.64%Core capital (leverage) ratio
13.02%Tier 1 risk-based capital ratio
20.30%Total risk-based capital ratio
Memoranda
$22Average assets
$13,473Average earning assets
$1,797Average equity
$11,908Average loans
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