FDIC Certificate #: 30644 Status: Inactive Closing history: Corrections Acquiring institution:First Federal Savings and Loan Association of Mattoon (#27858) Federal Reserve ID: 48673 Date Established: January 01, 1901 WWW:http://www.okawbank.com Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 5677 FDIC's unique #: 43478 Numeric code: 42 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: November 16, 1953 Last Structure Change Effective Date: December 31, 2004 Last Structure Change Process Date: January 12, 2005 Last Data Update: January 12, 2005 Data Source Date: April 05, 2012
Location
Address: 720 Broadway Avenue, Mattoon, IL 61938 County: Coles Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Champaign Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Core Based Statistical Area (CBSA): Charleston-Mattoon, IL (#16660) CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $14.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
5Total employees (full-time equivalent)
$16,982Total assets
$5,854Cash and due from depository institutions
$4,960Interest-bearing balances
$161Securities
$0Federal funds sold & reverse repurchase agreements
$9,914Net loans & leases
$38Loan loss allowance
$0Trading account assets
$422Bank premises and fixed assets
$64Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$567All other assets
$16,982Total liabilities and capital
$13,863Total liabilities
$13,821Total deposits
$13,810Interest-bearing deposits
$13,821Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$42All other liabilities
$3,119Total equity capital
$3,119Total bank equity capital
$3,119Perpetual preferred stock
$0Common stock
$0Surplus
$0Undivided profits
Memoranda
$3,119Noncurrent loans and leases
$43Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$257Earning assets
$0Long-term assets (5+ years)
$0Average Assets, year-to-date
$15,035Average Assets, quarterly
$7,332Volatile liabilities
$16,845Insider loans
$16,699FHLB advances
$3,119Loans and leases held for sale
$506Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$43Total unused commitments
$0Restructured Loans and leases
$38Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$994Total interest income
$267Total interest expense
$727Net interest income
$47Provision for loan and lease losses
$20Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$20Additional noninterest income
$567Total noninterest expense
$258Salaries and employee benefits
$85Premises and equipment expense
$224Additional noninterest expense
$133Pre-tax net operating income
$0Securities gains (losses)
$39Applicable income taxes
$94Income before extraordinary items
$0Extraordinary gains - net
$94Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$69Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.49%Yield on earning assets
1.74%Cost of funding earning assets
4.75%Net interest margin
0.13%Noninterest income to earning assets
3.70%Noninterest expense to earning assets
0.56%Net operating income to assets
0.56%Return on assets (ROA)
0.79%Pretax return on assets
3.05%Return on equity (ROE)
3.05%Retained earnings to average equity (YTD only)
0.64%Net charge-offs to loans
68.12%Credit loss provision to net charge-offs
2.61%Efficiency ratio
75,904Assets per employee
3.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.38%Loss allowance to noncurrent loans
14.79%Noncurrent assets plus other real estate owned to assets
1.89%Noncurrent loans to loans
2.58%Net loans and leases to deposits
71.73%Net loans and leases to core deposits
92.64%Equity capital to assets
18.37%Core capital (leverage) ratio
18.88%Tier 1 risk-based capital ratio
42.09%Total risk-based capital ratio
Memoranda
$43Average assets
$16,845Average earning assets
$3,078Average equity
$15,305Average loans
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