Midwest Bank of Oquawka in Oquawka, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 29, 1994

Midwest Bank of Oquawka in Oquawka, Illinois (IL)
Show street view No street view available for this location

Midwest Bank of Oquawka - Overview

General
FDIC Certificate #: 10866
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Midwest Bank of Western Illinois (#3711)
Federal Reserve ID: 794046
Date Established: January 01, 1919
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 6952
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: September 29, 1994
Last Structure Change Process Date: October 13, 1994
Last Data Update: October 13, 1994
Data Source Date: April 05, 2012
Location
Address: Sixth And Schuyler Streets, Oquawka, IL 61469
County: Henderson
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): Burlington, IA-IL (#15460)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $12.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$8Total assets
$13,798Cash and due from depository institutions
$1,318Interest-bearing balances
$96Securities
$7,167Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$4,797Loan loss allowance
$82Trading account assets
$0Bank premises and fixed assets
$290Other real estate owned
$0Goodwill and other intangibles
$162Life insurance assets
$64All other assets
$0Total liabilities and capital
$13,798Total liabilities
$12,540Total deposits
$12,030Interest-bearing deposits
$9,757Deposits held in domestic offices
12030.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$450Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$60Total equity capital
$60Total bank equity capital
$1,258Perpetual preferred stock
$0Common stock
$200Surplus
$999Undivided profits
Memoranda
$59Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$66Income earned, not collected on loans
$54Earning assets
$12,060Long-term assets (5+ years)
$2,424Average Assets, year-to-date
$13,078Average Assets, quarterly
$13,430Volatile liabilities
$450Insider loans
$205FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$36Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,171Total risk weighted assets
$5,494Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$839Total interest expense
$329Net interest income
$510Provision for loan and lease losses
$14Total noninterest income
$76Fiduciary activities
$0Service charges on deposit accounts
$57Trading account gains & fees
$0Additional noninterest income
$19Total noninterest expense
$465Salaries and employee benefits
$224Premises and equipment expense
$27Additional noninterest expense
$214Pre-tax net operating income
$107Securities gains (losses)
$72Applicable income taxes
$24Income before extraordinary items
$155Extraordinary gains - net
$0Net income attributable to bank
$155Net charge-offs
$4Cash dividends
$265Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.38%Cost of funding earning assets
2.89%Net interest margin
4.48%Noninterest income to earning assets
0.67%Noninterest expense to earning assets
4.09%Net operating income to assets
0.71%Return on assets (ROA)
1.19%Pretax return on assets
1.37%Return on equity (ROE)
11.96%Retained earnings to average equity (YTD only)
-8.49%Net charge-offs to loans
0.08%Credit loss provision to net charge-offs
350.00%Efficiency ratio
76,109Assets per employee
1.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
170.97%Loss allowance to loans
1.68%Loss allowance to noncurrent loans
124.24%Noncurrent assets plus other real estate owned to assets
0.48%Noncurrent loans to loans
1.35%Net loans and leases to deposits
39.88%Net loans and leases to core deposits
39.88%Equity capital to assets
9.12%Core capital (leverage) ratio
8.69%Tier 1 risk-based capital ratio
21.31%Total risk-based capital ratio
Memoranda
$23Average assets
$13,078Average earning assets
$1,296Average equity
$11,372Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Midwest Bank of Oquawka.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.