Midland Community Bank in Kincaid, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Midland Community Bank - Overview

  • General
  • FDIC Certificate #: 19796
    Status: Active
    Federal Reserve ID: 822631
    Bank Holding Company (Regulatory Top Holder): Midland Bancshares, Inc. (RSSDID: 2609489, Location: Kincaid, IL)
    Date Established: March 29, 1968
    WWW: http://www.mcbbank.net
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 13590
    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: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: March 29, 1968
    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: 112 Market Street, Kincaid, IL 62540
    County: Christian
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Springfield Il
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Taylorville, IL (#45380)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $44.6 mil
    Equity capital: $4.0 mil
    Deposits held in domestic offices: $40.2 mil
    Return on assets (ROA): 0.79% ($0.4 mil)
    Quarterly return on assets: 0.82% ($0.4 mil)
    Return on Equity (ROE): 8.97% ($0.4 mil)
    Quarterly return on equity: 9.10% ($0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.25% ($557.6 mil)
    Quarterly Pretax return on assets: 1.53% ($682.5 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
  • 12Total employees (full-time equivalent)
  • $44,606Total assets
  • $991Cash and due from depository institutions
  • $181Interest-bearing balances
  • $16,273Securities
  • $890Federal funds sold & reverse repurchase agreements
  • $25,042Net loans & leases
  • $192Loan loss allowance
  • $0Trading account assets
  • $798Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $44,606Life insurance assets
  • $612All other assets
  • $40,616Total liabilities and capital
  • $40,217Total liabilities
  • $35,160Total deposits
  • $40,217Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $399Subordinated debt
  • $3,990All other liabilities
  • $3,990Total equity capital
  • $3,990Total bank equity capital
  • $0Perpetual preferred stock
  • $350Common stock
  • $700Surplus
  • $2,940Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $168Income earned, not collected on loans
  • $0Earning assets
  • $270Long-term assets (5+ years)
  • $42,386Average Assets, year-to-date
  • $20,296Average Assets, quarterly
  • $43,264Volatile liabilities
  • $44,308Insider loans
  • $25,066FHLB advances
  • $43,919Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,786Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $791Restructured Loans and leases
  • $152Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,812Total interest income
  • $466Total interest expense
  • $1,346Net interest income
  • $75Provision for loan and lease losses
  • $358Total noninterest income
  • $0Fiduciary activities
  • $126Service charges on deposit accounts
  • $0Trading account gains & fees
  • $232Additional noninterest income
  • $1,154Total noninterest expense
  • $576Salaries and employee benefits
  • $187Premises and equipment expense
  • $391Additional noninterest expense
  • $475Pre-tax net operating income
  • $64Securities gains (losses)
  • $196Applicable income taxes
  • $343Income before extraordinary items
  • $0Extraordinary gains - net
  • $343Net income attributable to bank
  • $0Net charge-offs
  • $343Cash dividends
  • $52Sale, conversion, retirement of capital stock, net
  • $87Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.42%Yield on earning assets
  • 1.14%Cost of funding earning assets
  • 3.29%Net interest margin
  • 0.87%Noninterest income to earning assets
  • 2.82%Noninterest expense to earning assets
  • 0.70%Net operating income to assets
  • 0.79%Return on assets (ROA)
  • 1.25%Pretax return on assets
  • 8.97%Return on equity (ROE)
  • 6.69%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 144.23%Credit loss provision to net charge-offs
  • 10.58%Efficiency ratio
  • 67,723Assets per employee
  • 3.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 25.36%Loss allowance to loans
  • 0.76%Loss allowance to noncurrent loans
  • 114.29%Noncurrent assets plus other real estate owned to assets
  • 0.38%Noncurrent loans to loans
  • 0.67%Net loans and leases to deposits
  • 62.27%Net loans and leases to core deposits
  • 62.68%Equity capital to assets
  • 8.94%Core capital (leverage) ratio
  • 8.62%Tier 1 risk-based capital ratio
  • 15.10%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $43,264Average earning assets
  • $3,825Average equity
  • $40,967Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013590Midland Community Bank112 Market Street, Kincaid, IL 62540March 29, 1968Full Service Brick and Mortar
    1249552Taylorville FacilityState Route 104, Rural Route 2, Taylorville, IL 62568November 21, 1984Full Service Brick and Mortar

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