Old Farmers & Merchants State Bank in Hillsdale, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 31, 2006

  • Old Farmers & Merchants State Bank in Hillsdale, Illinois (IL)
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Old Farmers & Merchants State Bank - Overview

  • General
  • FDIC Certificate #: 10818
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Trust & Savings Bank of Albany, Illinois (#5754)
    Federal Reserve ID: 1004238
    Date Established: December 10, 1903
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 6921
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 31, 2006
    Last Structure Change Process Date: October 13, 2006
    Last Data Update: October 13, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 230 Main Street, Hillsdale, IL 61257
    County: Rock Island
    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): Davenport-Moline-Rock Island, IA-IL (#1960)
    Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
    CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
  • Financial Summary
  • Total assets: $45.5 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, 2005)

  • Dollar figures in thousands
  • 12Total employees (full-time equivalent)
  • $44,048Total assets
  • $1,295Cash and due from depository institutions
  • $89Interest-bearing balances
  • $15,532Securities
  • $4Federal funds sold & reverse repurchase agreements
  • $22,352Net loans & leases
  • $202Loan loss allowance
  • $0Trading account assets
  • $625Bank premises and fixed assets
  • $0Other real estate owned
  • $3,718Goodwill and other intangibles
  • $0Life insurance assets
  • $522All other assets
  • $44,048Total liabilities and capital
  • $37,149Total liabilities
  • $36,486Total deposits
  • $30,682Interest-bearing deposits
  • $36,486Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $455Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $208All other liabilities
  • $6,899Total equity capital
  • $6,899Total bank equity capital
  • $6,899Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $6,641Undivided profits
  • Memoranda
  • $58Noncurrent loans and leases
  • $1,989Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $61Earning assets
  • $0Long-term assets (5+ years)
  • $389Average Assets, year-to-date
  • $37,977Average Assets, quarterly
  • $9,883Volatile liabilities
  • $44,230Insider loans
  • $44,824FHLB advances
  • $5,828Loans and leases held for sale
  • $272Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,989Total unused commitments
  • $0Restructured Loans and leases
  • $202Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $907Total interest income
  • $321Total interest expense
  • $586Net interest income
  • $0Provision for loan and lease losses
  • $61Total noninterest income
  • $0Fiduciary activities
  • $46Service charges on deposit accounts
  • $0Trading account gains & fees
  • $15Additional noninterest income
  • $475Total noninterest expense
  • $261Salaries and employee benefits
  • $70Premises and equipment expense
  • $144Additional noninterest expense
  • $172Pre-tax net operating income
  • -$19Securities gains (losses)
  • $0Applicable income taxes
  • $153Income before extraordinary items
  • $0Extraordinary gains - net
  • $153Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$14Sale, conversion, retirement of capital stock, net
  • $108Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.27%Yield on earning assets
  • 0.80%Cost of funding earning assets
  • 1.46%Net interest margin
  • 0.15%Noninterest income to earning assets
  • 1.19%Noninterest expense to earning assets
  • 0.39%Net operating income to assets
  • 0.35%Return on assets (ROA)
  • 0.35%Pretax return on assets
  • 3.35%Return on equity (ROE)
  • 0.99%Retained earnings to average equity (YTD only)
  • -0.06%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 63,988Assets per employee
  • 3.67%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 70.59%Loss allowance to loans
  • 0.90%Loss allowance to noncurrent loans
  • 331.15%Noncurrent assets plus other real estate owned to assets
  • 0.14%Noncurrent loans to loans
  • 0.27%Net loans and leases to deposits
  • 61.26%Net loans and leases to core deposits
  • 71.84%Equity capital to assets
  • 15.66%Core capital (leverage) ratio
  • 8.52%Tier 1 risk-based capital ratio
  • 13.64%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $44,230Average earning assets
  • $4,562Average equity
  • $40,015Average loans

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