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

This bank is inactive as of July 01, 1998

  • Minonk State Bank in Minonk, Illinois (IL)
  • Show street view No street view available for this location

Minonk State Bank - Overview

  • General
  • FDIC Certificate #: 12397
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Alpha Community Bank (#10790)
    Federal Reserve ID: 953441
    Date Established: January 01, 1917
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 14202
    FDIC's unique #: 7885
    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: July 01, 1998
    Last Structure Change Process Date: July 10, 1998
    Last Data Update: July 10, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 137 West 5th Street, Minonk, IL 61760
    County: Woodford
    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): Peoria-Pekin, IL (#6120)
    Combined Statistical Area (CSA): Peoria-Canton, IL (#426)
    Core Based Statistical Area (CBSA): Peoria, IL (#37900)
    CBSA Metro Statistical Area: Peoria, IL (#37900)
  • Financial Summary
  • Total assets: $51.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 16Total employees (full-time equivalent)
  • $49,147Total assets
  • $1,211Cash and due from depository institutions
  • $0Interest-bearing balances
  • $13,917Securities
  • $1,129Federal funds sold & reverse repurchase agreements
  • $30,344Net loans & leases
  • $272Loan loss allowance
  • $0Trading account assets
  • $520Bank premises and fixed assets
  • $229Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,797All other assets
  • $49,147Total liabilities and capital
  • $44,933Total liabilities
  • $43,309Total deposits
  • $39,311Interest-bearing deposits
  • $43,309Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,128Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $241Other borrowed funds
  • $0Subordinated debt
  • $255All other liabilities
  • $4,214Total equity capital
  • $4,214Total bank equity capital
  • $4,214Perpetual preferred stock
  • $0Common stock
  • $350Surplus
  • $900Undivided profits
  • Memoranda
  • $2,964Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $669Earning assets
  • $249Long-term assets (5+ years)
  • $545Average Assets, year-to-date
  • $45,390Average Assets, quarterly
  • $9,920Volatile liabilities
  • $47,981Insider loans
  • $49,937FHLB advances
  • $8,114Loans and leases held for sale
  • $72Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,966Total unused commitments
  • $0Restructured Loans and leases
  • $34,559Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $3,653Total interest income
  • $1,830Total interest expense
  • $1,823Net interest income
  • $357Provision for loan and lease losses
  • $258Total noninterest income
  • $0Fiduciary activities
  • $84Service charges on deposit accounts
  • $0Trading account gains & fees
  • $174Additional noninterest income
  • $1,139Total noninterest expense
  • $563Salaries and employee benefits
  • $131Premises and equipment expense
  • $445Additional noninterest expense
  • $585Pre-tax net operating income
  • $10Securities gains (losses)
  • $171Applicable income taxes
  • $424Income before extraordinary items
  • $0Extraordinary gains - net
  • $424Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $318Sale, conversion, retirement of capital stock, net
  • $271Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.28%Yield on earning assets
  • 4.15%Cost of funding earning assets
  • 4.13%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 2.58%Noninterest expense to earning assets
  • 0.87%Net operating income to assets
  • 0.88%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 10.09%Return on equity (ROE)
  • 3.64%Retained earnings to average equity (YTD only)
  • 1.09%Net charge-offs to loans
  • 112.26%Credit loss provision to net charge-offs
  • 2.96%Efficiency ratio
  • 54,733Assets per employee
  • 3.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 63.92%Loss allowance to loans
  • 0.89%Loss allowance to noncurrent loans
  • 40.66%Noncurrent assets plus other real estate owned to assets
  • 1.83%Noncurrent loans to loans
  • 2.19%Net loans and leases to deposits
  • 70.06%Net loans and leases to core deposits
  • 82.99%Equity capital to assets
  • 8.57%Core capital (leverage) ratio
  • 8.31%Tier 1 risk-based capital ratio
  • 12.05%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $47,981Average earning assets
  • $4,203Average equity
  • $44,096Average loans

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