Marion County Savings Bank in Salem, Illinois (IL)



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Marion County Savings Bank routing number info

Table of contents:
Marion County Savings Bank
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)31
Total assets$122,169
Cash and due from depository institutions$3,840
Interest-bearing balances$2,829
Securities$49,338
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$63,553
Loan loss allowance $609
Trading account assets$0
Bank premises and fixed assets$1,243
Other real estate owned$331
Goodwill and other intangibles$79
All other assets$3,785
Life insurance assets$122,169
Total liabilities and capital$110,327
Total liabilities$99,820
Total deposits$96,072
Interest-bearing deposits$99,820
Deposits held in domestic offices$86
% insured (estimated)2878.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$6,793
Other borrowed funds $0
Subordinated debt $836
All other liabilities $11,842
Total equity capital$11,842
Total bank equity capital$11,842
Perpetual preferred stock$0
Common stock$0
Surplus$0
Undivided profits $11,842
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,050
Earning assets $0
Long-term assets (5+ years) $521
Average Assets, year-to-date $115,720
Average Assets, quarterly $10,269
Volatile liabilities $120,039
Insider loans $121,981
FHLB advances $63,008
Loans and leases held for sale $123,100
Unused loan commitments $2,114
Tier 1 (core) risk-based capital $1,057
Tier 2 risk-based capital $11,591
Total risk weighted assets $1,057
Total unused commitments $0
Restructured Loans and leases $4,281
Derivatives$675
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,133
Total interest expense $1,551
Net interest income $3,582
Provision for loan and lease losses $193
Total noninterest income $653
Fiduciary activities $0
Service charges on deposit accounts $188
Trading account gains & fees $0
Additional noninterest income $465
Total noninterest expense $3,030
Salaries and employee benefits $1,755
Premises and equipment expense $310
Additional noninterest expense $965
Pre-tax net operating income $1,012
Securities gains (losses) $126
Applicable income taxes $370
Income before extraordinary items $768
Extraordinary gains - net $0
Net income attributable to bank $768
Net charge-offs $0
Cash dividends $768
Sale, conversion, retirement of capital stock, net $244
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.51%
Cost of funding earning assets 1.36%
Net interest margin 3.15%
Noninterest income to earning assets 0.57%
Noninterest expense to earning assets 2.66%
Net operating income to assets 0.57%
Return on assets (ROA) 0.64%
Pretax return on assets 0.95%
Return on equity (ROE) 6.61%
Retained earnings to average equity (YTD only) 6.61%
Net charge-offs to loans 0.40%
Credit loss provision to net charge-offs 79.10%
Efficiency ratio4.94%
Assets per employee$71,547
Cash dividends to net income (YTD only)3.94%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 0.95%
Noncurrent assets plus other real estate owned to assets 58.00%
Noncurrent loans to loans 1.13%
Net loans and leases to deposits1.64%
Net loans and leases to core deposits 63.67%
Equity capital to assets 65.72%
Core capital (leverage) ratio 9.69%
Tier 1 risk-based capital ratio 9.42%
Total risk-based capital ratio 18.40%
Memoranda
Average assets$19
Average earning assets$120,039
Average equity $11,626
Average loans $113,742
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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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