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


Morton Community Bank - Overview

  • General
  • FDIC Certificate #: 18429
    Status: Active
    Federal Reserve ID: 825146
    Bank Holding Company (Regulatory Top Holder): Hometown Community Bancorp, Inc. Esop And Trust (RSSDID: 2762795, Location: Morton, IL)
    Date Established: August 26, 1961
    WWW: http://www.hometownbanks.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 32 (Domestic: 32, Interstate: No)
    OTS Docket #: 10842
    FDIC's unique #: 12333
    Numeric code: 13
    Regulator: FED
    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: Commercial Lending Specialization
    Date of Deposit Insurance: August 26, 1961
    Last Structure Change Effective Date: December 10, 2010
    Last Structure Change Process Date: December 15, 2010
    Last Data Update: December 15, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 721 West Jackson Street, Morton, IL 61550
    County: Tazewell
    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
    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)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $2,667.0 mil
    Equity capital: $254.3 mil
    Deposits held in domestic offices: $2,086.4 mil
    Return on assets (ROA): 1.47% ($39.2 mil)
    Quarterly return on assets: 1.42% ($37.9 mil)
    Return on Equity (ROE): 15.70% ($39.9 mil)
    Quarterly return on equity: 15.00% ($38.1 mil)
    Net income: $39.5 mil
    Quarterly Net income: $9.6 mil
    Pretax return on assets: 1.47% ($39,204.9 mil)
    Quarterly Pretax return on assets: 1.42% ($37,871.4 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
  • 378Total employees (full-time equivalent)
  • $2,666,999Total assets
  • $60,039Cash and due from depository institutions
  • $25,207Interest-bearing balances
  • $857,521Securities
  • $254Federal funds sold & reverse repurchase agreements
  • $1,597,234Net loans & leases
  • $28,469Loan loss allowance
  • $0Trading account assets
  • $30,790Bank premises and fixed assets
  • $10,984Other real estate owned
  • $20,287Goodwill and other intangibles
  • $2,666,999Life insurance assets
  • $89,890All other assets
  • $2,412,689Total liabilities and capital
  • $2,086,420Total liabilities
  • $1,856,082Total deposits
  • $2,086,420Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 103819.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $214,561Trading liabilities
  • $0Other borrowed funds
  • $7,889Subordinated debt
  • $254,310All other liabilities
  • $254,310Total equity capital
  • $254,310Total bank equity capital
  • $0Perpetual preferred stock
  • $1,514Common stock
  • $106,358Surplus
  • $146,438Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,638Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $59,163Income earned, not collected on loans
  • $0Earning assets
  • $15,306Long-term assets (5+ years)
  • $2,480,216Average Assets, year-to-date
  • $819,699Average Assets, quarterly
  • $2,692,747Volatile liabilities
  • $2,687,612Insider loans
  • $1,703,230FHLB advances
  • $2,662,334Loans and leases held for sale
  • $31,127Unused loan commitments
  • $18,702Tier 1 (core) risk-based capital
  • $228,750Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $12,425Total unused commitments
  • $315,182Restructured Loans and leases
  • $20,688Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $114,639Total interest income
  • $35,543Total interest expense
  • $79,096Net interest income
  • $12,500Provision for loan and lease losses
  • $8,678Total noninterest income
  • $920Fiduciary activities
  • $1,904Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,854Additional noninterest income
  • $43,671Total noninterest expense
  • $25,255Salaries and employee benefits
  • $4,060Premises and equipment expense
  • $14,356Additional noninterest expense
  • $31,603Pre-tax net operating income
  • $7,927Securities gains (losses)
  • $0Applicable income taxes
  • $39,530Income before extraordinary items
  • $0Extraordinary gains - net
  • $39,530Net income attributable to bank
  • $0Net charge-offs
  • $39,530Cash dividends
  • $9,455Sale, conversion, retirement of capital stock, net
  • $31,100Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.57%Yield on earning assets
  • 1.42%Cost of funding earning assets
  • 3.15%Net interest margin
  • 0.35%Noninterest income to earning assets
  • 1.74%Noninterest expense to earning assets
  • 1.17%Net operating income to assets
  • 1.47%Return on assets (ROA)
  • 1.47%Pretax return on assets
  • 15.70%Return on equity (ROE)
  • 3.35%Retained earnings to average equity (YTD only)
  • 0.60%Net charge-offs to loans
  • 132.21%Credit loss provision to net charge-offs
  • 4.66%Efficiency ratio
  • 48,752Assets per employee
  • 7.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 78.67%Loss allowance to loans
  • 1.75%Loss allowance to noncurrent loans
  • 48.12%Noncurrent assets plus other real estate owned to assets
  • 2.73%Noncurrent loans to loans
  • 3.64%Net loans and leases to deposits
  • 76.55%Net loans and leases to core deposits
  • 99.62%Equity capital to assets
  • 9.54%Core capital (leverage) ratio
  • 8.59%Tier 1 risk-based capital ratio
  • 13.43%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $2,692,747Average earning assets
  • $251,717Average equity
  • $2,508,064Average 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
  • $143,025Managed Assets
  • 1Number of Accounts
  • $133,944Personal trust and agency accounts
  • $72,155Employee benefit-defined contribution accounts
  • $288Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $8,317Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $43,209Other fiduciary accounts
  • $6,503Fiduciary accounts held in foreign offices
  • $3,472Non-managed Assets
  • 402Number of Accounts
  • $0Personal trust and agency accounts
  • $509Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $9,081Other retirement accounts
  • $8,516Corporate trust and agency accounts
  • $5Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 32 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012333Morton Community Bank721 West Jackson Street, Morton, IL 61550August 26, 1961Full Service Brick and Mortar
    1245379Morton Facility1301 South Main Street, Morton, IL 61550November 08, 1978Full Service Brick and Mortar
    3245381Fondulac Plaza Branch2400 East Washington Road, East Peoria, IL 61611January 20, 1987Full Service Brick and Mortar
    5245382East Peoria Express Branch252 East Washington, East Peoria, IL 61611September 23, 1991Limited Service Facility
    6245383Minier Banking Center701 N Minier Ave, Minier, IL 61759July 14, 1997Full Service Brick and Mortar
    714385Washington Branch2301 Washington Road, East Peoria, IL 61611October 02, 1972Full Service Brick and Mortar
    9267532Eureka Branch205 South Main Street, Eureka, IL 61530January 01, 1888Full Service Brick and Mortar
    10364918Roanoke-Benson Community Bank Branch306 North Main Street, Roanoke, IL 61561Febuary 04, 2002Full Service Brick and Mortar
    11364919Community Bank Of Bartonville Branch617 West Garfield Avenue, Bartonville, IL 61607March 04, 2002Full Service Brick and Mortar
    12364920Bankpeoria Branch6907 North Knoxville Avenue, Peoria, IL 61614June 17, 2002Full Service Brick and Mortar
    13441849Main Street Branch218 North Main Street, Morton, IL 61550June 20, 2005Full Service Brick and Mortar
    1443609Pekin Savings Branch601 Court St, Pekin, IL 61554January 01, 1882Full Service Brick and Mortar
    16452043University Street Branch4730 North University Street, Peoria, IL 61614June 19, 2006Full Service Brick and Mortar
    176670People's State Bank Branch105 South Adams, Manito, IL 61546October 31, 1905Full Service Brick and Mortar
    19277466Elmwood Branch101 East Evergreen Street, Elmwood, IL 61529January 01, 1880Full Service Brick and Mortar
    20277467Roanoke Branch416 West Front Street, Roanoke, IL 61561January 01, 1880Full Service Brick and Mortar
    21277468Washington Branch1881 Washington Road, Washington, IL 61571January 01, 1880Full Service Brick and Mortar
    22265889Minonk Branch119 West 5th Street, Minonk, IL 61760January 01, 1922Full Service Brick and Mortar
    23265890Lacon Branch313 5th Street, Lacon, IL 61540January 01, 1922Full Service Brick and Mortar
    25265893Princeville Branch116 East Main Street, Princeville, IL 61559January 01, 1922Full Service Brick and Mortar
    26476939Farmington Branch147 East Fort Street, Farmington, IL 61531June 02, 2008Full Service Brick and Mortar
    276899Toluca Branch201 North Main Street, Toluca, IL 61369January 01, 1870Full Service Brick and Mortar
    28223005Washburn Branch101 S Jefferson, Washburn, IL 61570December 10, 1979Limited Service Facility
    29223006Spring Bay Branch1605 North Tremont Street, Spring Bay, IL 61611November 12, 1997Full Service Brick and Mortar
    323928Morton Community Bank Branch127 South Side Square, Macomb, IL 61455January 01, 1890Full Service Brick and Mortar
    33208112East Branch1400 East Jackson Street, Macomb, IL 61455August 16, 1993Limited Service Facility
    3410393Roseville BranchMain Street And Penn Avenue, Roseville, IL 61473September 19, 1944Full Service Brick and Mortar
    35208113West Jackson Branch1100 West Jackson Street, Macomb, IL 61455August 12, 1996Limited Service Facility
    4044203Tremont Branch100 South Chestnut, Tremont, IL 61568January 01, 1924Full Service Brick and Mortar
    415936Stanford Branch206 West Main Street, Stanford, IL 61774January 01, 1891Full Service Brick and Mortar
    426665Cropesey Branch130 S. Main Street, Cropsey, IL 61731September 09, 1918Full Service Brick and Mortar
    43222394Fairbury Branch804 West Oak Street, Fairbury, IL 61739June 12, 1995Full Service Brick and Mortar

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