Marion County Savings Bank in Salem, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Marion County Savings Bank - Overview

  • General
  • FDIC Certificate #: 30819
    Status: Active
    Federal Reserve ID: 441078
    Date Established: January 01, 1910
    WWW: http://www.marioncountysavings.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 5968
    FDIC's unique #: 43653
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: August 27, 1956
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 W Main Street, Salem, IL 62881
    County: Marion
    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
    Core Based Statistical Area (CBSA): Centralia, IL (#16460)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $122.2 mil
    Equity capital: $11.8 mil
    Deposits held in domestic offices: $99.8 mil
    Return on assets (ROA): 0.64% ($0.8 mil)
    Quarterly return on assets: 0.60% ($0.7 mil)
    Return on Equity (ROE): 6.61% ($0.8 mil)
    Quarterly return on equity: 6.14% ($0.7 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.95% ($1,160.6 mil)
    Quarterly Pretax return on assets: 0.87% ($1,062.9 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
  • 31Total employees (full-time equivalent)
  • $122,169Total assets
  • $3,840Cash and due from depository institutions
  • $2,829Interest-bearing balances
  • $49,338Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $63,553Net loans & leases
  • $609Loan loss allowance
  • $0Trading account assets
  • $1,243Bank premises and fixed assets
  • $331Other real estate owned
  • $79Goodwill and other intangibles
  • $122,169Life insurance assets
  • $3,785All other assets
  • $110,327Total liabilities and capital
  • $99,820Total liabilities
  • $96,072Total deposits
  • $99,820Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 2878.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,793Trading liabilities
  • $0Other borrowed funds
  • $836Subordinated debt
  • $11,842All other liabilities
  • $11,842Total equity capital
  • $11,842Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $11,842Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,050Income earned, not collected on loans
  • $0Earning assets
  • $521Long-term assets (5+ years)
  • $115,720Average Assets, year-to-date
  • $10,269Average Assets, quarterly
  • $120,039Volatile liabilities
  • $121,981Insider loans
  • $63,008FHLB advances
  • $123,100Loans and leases held for sale
  • $2,114Unused loan commitments
  • $1,057Tier 1 (core) risk-based capital
  • $11,591Tier 2 risk-based capital
  • $1,057Total risk weighted assets
  • $0Total unused commitments
  • $4,281Restructured Loans and leases
  • $675Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,133Total interest income
  • $1,551Total interest expense
  • $3,582Net interest income
  • $193Provision for loan and lease losses
  • $653Total noninterest income
  • $0Fiduciary activities
  • $188Service charges on deposit accounts
  • $0Trading account gains & fees
  • $465Additional noninterest income
  • $3,030Total noninterest expense
  • $1,755Salaries and employee benefits
  • $310Premises and equipment expense
  • $965Additional noninterest expense
  • $1,012Pre-tax net operating income
  • $126Securities gains (losses)
  • $370Applicable income taxes
  • $768Income before extraordinary items
  • $0Extraordinary gains - net
  • $768Net income attributable to bank
  • $0Net charge-offs
  • $768Cash dividends
  • $244Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.51%Yield on earning assets
  • 1.36%Cost of funding earning assets
  • 3.15%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 2.66%Noninterest expense to earning assets
  • 0.57%Net operating income to assets
  • 0.64%Return on assets (ROA)
  • 0.95%Pretax return on assets
  • 6.61%Return on equity (ROE)
  • 6.61%Retained earnings to average equity (YTD only)
  • 0.40%Net charge-offs to loans
  • 79.10%Credit loss provision to net charge-offs
  • 4.94%Efficiency ratio
  • 71,547Assets per employee
  • 3.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 58.00%Noncurrent assets plus other real estate owned to assets
  • 1.13%Noncurrent loans to loans
  • 1.64%Net loans and leases to deposits
  • 63.67%Net loans and leases to core deposits
  • 65.72%Equity capital to assets
  • 9.69%Core capital (leverage) ratio
  • 9.42%Tier 1 risk-based capital ratio
  • 18.40%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $120,039Average earning assets
  • $11,626Average equity
  • $113,742Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    043653Marion County Savings Bank301 W Main Street, Salem, IL 62881January 01, 1910Full Service Brick and Mortar
    1282225West Main Street Drive-Up Branch310 West Main Street, Salem, IL 62881April 01, 1999Limited Service Facility

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