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


Milledgeville State Bank - Overview

  • General
  • FDIC Certificate #: 15873
    Status: Active
    Federal Reserve ID: 895448
    Bank Holding Company (Regulatory Top Holder): Milledgeville Bancorp, Inc. (RSSDID: 1143454, Location: Milledgeville, IL)
    Date Established: January 02, 1942
    WWW: http://www.milledgevillebank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 10110
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 02, 1942
    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: 451 North Main Street, Milledgeville, IL 61051
    County: Carroll
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $84.8 mil
    Equity capital: $10.1 mil
    Deposits held in domestic offices: $68.9 mil
    Return on assets (ROA): 1.95% ($1.7 mil)
    Quarterly return on assets: 2.37% ($2.0 mil)
    Return on Equity (ROE): 17.23% ($1.7 mil)
    Quarterly return on equity: 19.81% ($2.0 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.98% ($1,679.2 mil)
    Quarterly Pretax return on assets: 2.46% ($2,086.2 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
  • 13Total employees (full-time equivalent)
  • $84,806Total assets
  • $6,774Cash and due from depository institutions
  • $4,120Interest-bearing balances
  • $24,643Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $49,996Net loans & leases
  • $557Loan loss allowance
  • $0Trading account assets
  • $444Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $84,806Life insurance assets
  • $2,949All other assets
  • $74,709Total liabilities and capital
  • $68,936Total liabilities
  • $60,472Total deposits
  • $68,936Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,100Trading liabilities
  • $0Other borrowed funds
  • $673Subordinated debt
  • $10,097All other liabilities
  • $10,097Total equity capital
  • $10,097Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $1,600Surplus
  • $8,097Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $47Income earned, not collected on loans
  • $0Earning assets
  • $835Long-term assets (5+ years)
  • $78,759Average Assets, year-to-date
  • $28,019Average Assets, quarterly
  • $79,908Volatile liabilities
  • $83,197Insider loans
  • $60,764FHLB advances
  • $83,028Loans and leases held for sale
  • $1,627Unused loan commitments
  • $1,627Tier 1 (core) risk-based capital
  • $8,741Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,458Restructured Loans and leases
  • $1,208Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,969Total interest income
  • $789Total interest expense
  • $3,180Net interest income
  • $296Provision for loan and lease losses
  • $280Total noninterest income
  • $1Fiduciary activities
  • $86Service charges on deposit accounts
  • $0Trading account gains & fees
  • $193Additional noninterest income
  • $1,584Total noninterest expense
  • $850Salaries and employee benefits
  • $132Premises and equipment expense
  • $602Additional noninterest expense
  • $1,580Pre-tax net operating income
  • $0Securities gains (losses)
  • $18Applicable income taxes
  • $1,562Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,562Net income attributable to bank
  • $0Net charge-offs
  • $1,562Cash dividends
  • $237Sale, conversion, retirement of capital stock, net
  • $372Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.29%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 4.23%Net interest margin
  • 0.37%Noninterest income to earning assets
  • 2.11%Noninterest expense to earning assets
  • 1.95%Net operating income to assets
  • 1.95%Return on assets (ROA)
  • 1.98%Pretax return on assets
  • 17.23%Return on equity (ROE)
  • 13.13%Retained earnings to average equity (YTD only)
  • 0.49%Net charge-offs to loans
  • 124.89%Credit loss provision to net charge-offs
  • 7.92%Efficiency ratio
  • 45,780Assets per employee
  • 6.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 23.82%Loss allowance to loans
  • 1.10%Loss allowance to noncurrent loans
  • 1185.11%Noncurrent assets plus other real estate owned to assets
  • 0.06%Noncurrent loans to loans
  • 0.09%Net loans and leases to deposits
  • 72.53%Net loans and leases to core deposits
  • 81.60%Equity capital to assets
  • 11.91%Core capital (leverage) ratio
  • 10.53%Tier 1 risk-based capital ratio
  • 14.39%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $79,908Average earning assets
  • $9,067Average equity
  • $75,099Average 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
  • $1,563Managed Assets
  • 1Number of Accounts
  • $115Personal trust and agency accounts
  • $115Employee 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
  • 3Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,448Other retirement accounts
  • $0Corporate trust and agency accounts
  • $1,448Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010110Milledgeville State Bank451 North Main Street, Milledgeville, IL 61051January 02, 1942Full Service Brick and Mortar

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