Mazon State Bank in Mazon, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Mazon State Bank - Overview

  • General
  • FDIC Certificate #: 16179
    Status: Active
    Federal Reserve ID: 765046
    Bank Holding Company (Regulatory Top Holder): First Mazon Bancorp, Inc. (RSSDID: 1130119, Location: Mazon, IL)
    Date Established: August 31, 1944
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 14220
    FDIC's unique #: 10385
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: August 31, 1944
    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: 606 Depot Street, Mazon, IL 60444
    County: Grundy
    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
    Metropolitan Statistical Area (MSA): Chicago, IL (#1600)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Chicago-Joliet-Naperville, IL (#16974)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $79.4 mil
    Equity capital: $7.0 mil
    Deposits held in domestic offices: $71.5 mil
    Return on assets (ROA): 0.60% ($0.5 mil)
    Quarterly return on assets: 1.21% ($1.0 mil)
    Return on Equity (ROE): 7.10% ($0.5 mil)
    Quarterly return on equity: 13.47% ($0.9 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.61% ($484.4 mil)
    Quarterly Pretax return on assets: 1.22% ($968.8 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
  • 32Total employees (full-time equivalent)
  • $79,408Total assets
  • $5,922Cash and due from depository institutions
  • $2,319Interest-bearing balances
  • $24,266Securities
  • $1,162Federal funds sold & reverse repurchase agreements
  • $39,665Net loans & leases
  • $568Loan loss allowance
  • $0Trading account assets
  • $1,176Bank premises and fixed assets
  • $206Other real estate owned
  • $174Goodwill and other intangibles
  • $79,408Life insurance assets
  • $6,837All other assets
  • $72,452Total liabilities and capital
  • $71,467Total liabilities
  • $55,087Total deposits
  • $71,467Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $985Subordinated debt
  • $6,956All other liabilities
  • $6,956Total equity capital
  • $6,956Total bank equity capital
  • $0Perpetual preferred stock
  • $336Common stock
  • $1,513Surplus
  • $5,107Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $181Income earned, not collected on loans
  • $0Earning assets
  • $442Long-term assets (5+ years)
  • $67,412Average Assets, year-to-date
  • $25,279Average Assets, quarterly
  • $80,272Volatile liabilities
  • $79,831Insider loans
  • $50,779FHLB advances
  • $79,672Loans and leases held for sale
  • $2,042Unused loan commitments
  • $2,042Tier 1 (core) risk-based capital
  • $6,890Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,642Restructured Loans and leases
  • $710Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,021Total interest income
  • $526Total interest expense
  • $2,495Net interest income
  • $247Provision for loan and lease losses
  • $667Total noninterest income
  • $77Fiduciary activities
  • $243Service charges on deposit accounts
  • $0Trading account gains & fees
  • $347Additional noninterest income
  • $3,082Total noninterest expense
  • $1,624Salaries and employee benefits
  • $398Premises and equipment expense
  • $1,060Additional noninterest expense
  • -$167Pre-tax net operating income
  • $653Securities gains (losses)
  • $4Applicable income taxes
  • $482Income before extraordinary items
  • $0Extraordinary gains - net
  • $482Net income attributable to bank
  • $0Net charge-offs
  • $482Cash dividends
  • $89Sale, conversion, retirement of capital stock, net
  • $104Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.40%Yield on earning assets
  • 0.77%Cost of funding earning assets
  • 3.64%Net interest margin
  • 0.97%Noninterest income to earning assets
  • 4.49%Noninterest expense to earning assets
  • -0.20%Net operating income to assets
  • 0.60%Return on assets (ROA)
  • 0.61%Pretax return on assets
  • 7.10%Return on equity (ROE)
  • 5.57%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 277.53%Credit loss provision to net charge-offs
  • 0.90%Efficiency ratio
  • 97,470Assets per employee
  • 2.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 21.58%Loss allowance to loans
  • 1.41%Loss allowance to noncurrent loans
  • 313.81%Noncurrent assets plus other real estate owned to assets
  • 0.49%Noncurrent loans to loans
  • 0.45%Net loans and leases to deposits
  • 55.50%Net loans and leases to core deposits
  • 55.50%Equity capital to assets
  • 8.76%Core capital (leverage) ratio
  • 8.65%Tier 1 risk-based capital ratio
  • 13.57%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $80,272Average earning assets
  • $6,788Average equity
  • $68,626Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $17,775Managed Assets
  • 1Number of Accounts
  • $3,192Personal trust and agency accounts
  • $3,192Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 323Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $14,583Other retirement accounts
  • $796Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $13,334Fiduciary accounts held in foreign offices

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010385Mazon State Bank606 Depot Street, Mazon, IL 60444August 31, 1944Full Service Brick and Mortar
    1237571Diamond Facility2315 E. Division Street, Diamond, IL 60416June 21, 1982Full Service Brick and Mortar
    2237572Braidwood Branch130 Washington Street, Braidwood, IL 60408July 20, 1998Full Service Brick and Mortar

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