Peoples State Bank of Colfax in Colfax, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Peoples State Bank of Colfax - Overview

  • General
  • FDIC Certificate #: 10075
    Status: Active
    Federal Reserve ID: 33839
    Bank Holding Company (Regulatory Top Holder): Peoples Financial Corporation (RSSDID: 2128896, Location: Colfax, IL)
    Date Established: June 01, 1892
    WWW: http://www.psbofcolfax.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 6443
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    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: 101 West Main Street, Colfax, IL 61728
    County: Mclean
    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
    Metropolitan Statistical Area (MSA): Bloomington-Normal, IL (#1040)
    Core Based Statistical Area (CBSA): Bloomington-Normal, IL (#14060)
    CBSA Metro Statistical Area: Bloomington-Normal, IL (#14060)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $31.6 mil
    Equity capital: $3.5 mil
    Deposits held in domestic offices: $26.8 mil
    Return on assets (ROA): 1.14% ($0.4 mil)
    Quarterly return on assets: 0.98% ($0.3 mil)
    Return on Equity (ROE): 10.84% ($0.4 mil)
    Quarterly return on equity: 9.16% ($0.4 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.60% ($505.7 mil)
    Quarterly Pretax return on assets: 1.34% ($423.5 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, 2011)

  • Dollar figures in thousands
  • 8Total employees (full-time equivalent)
  • $31,608Total assets
  • $7,928Cash and due from depository institutions
  • $7,218Interest-bearing balances
  • $7,405Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $15,729Net loans & leases
  • $89Loan loss allowance
  • $0Trading account assets
  • $151Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $31,608Life insurance assets
  • $395All other assets
  • $28,100Total liabilities and capital
  • $26,808Total liabilities
  • $22,522Total deposits
  • $26,808Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 1155.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $137Subordinated debt
  • $3,508All other liabilities
  • $3,508Total equity capital
  • $3,508Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $550Surplus
  • $2,758Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $182Long-term assets (5+ years)
  • $30,352Average Assets, year-to-date
  • $5,219Average Assets, quarterly
  • $31,617Volatile liabilities
  • $32,549Insider loans
  • $16,743FHLB advances
  • $32,212Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,383Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,071Restructured Loans and leases
  • $141Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,325Total interest income
  • $186Total interest expense
  • $1,139Net interest income
  • $19Provision for loan and lease losses
  • $153Total noninterest income
  • $0Fiduciary activities
  • $52Service charges on deposit accounts
  • $0Trading account gains & fees
  • $101Additional noninterest income
  • $769Total noninterest expense
  • $434Salaries and employee benefits
  • $68Premises and equipment expense
  • $267Additional noninterest expense
  • $504Pre-tax net operating income
  • $2Securities gains (losses)
  • $147Applicable income taxes
  • $359Income before extraordinary items
  • $0Extraordinary gains - net
  • $359Net income attributable to bank
  • $0Net charge-offs
  • $359Cash dividends
  • $7Sale, conversion, retirement of capital stock, net
  • $58Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.52%Yield on earning assets
  • 0.63%Cost of funding earning assets
  • 3.88%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 2.62%Noninterest expense to earning assets
  • 1.13%Net operating income to assets
  • 1.14%Return on assets (ROA)
  • 1.60%Pretax return on assets
  • 10.84%Return on equity (ROE)
  • 9.09%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 271.43%Credit loss provision to net charge-offs
  • 74.71%Efficiency ratio
  • 59,520Assets per employee
  • 3.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 16.16%Loss allowance to loans
  • 0.56%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 58.67%Net loans and leases to core deposits
  • 58.67%Equity capital to assets
  • 11.10%Core capital (leverage) ratio
  • 10.50%Tier 1 risk-based capital ratio
  • 20.21%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $31,617Average earning assets
  • $3,311Average equity
  • $29,331Average loans

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06443Peoples State Bank Of Colfax101 West Main Street, Colfax, IL 61728June 01, 1892Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Peoples State Bank of Colfax.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents