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
    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

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