Philo Exchange Bank in Philo, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Philo Exchange Bank - Overview

  • General
  • FDIC Certificate #: 5722
    Status: Active
    Federal Reserve ID: 667346
    Bank Holding Company (Regulatory Top Holder): Yankee Ridge, Inc. (RSSDID: 2948919, Location: Allerton, IL)
    Date Established: January 01, 1883
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 3900
    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: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 24, 2006
    Last Structure Change Process Date: November 02, 2006
    Last Data Update: November 02, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 102 West Washington Street, Philo, IL 61864
    County: Champaign
    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): Champaign-Urbana, IL (#1400)
    Core Based Statistical Area (CBSA): Champaign-Urbana, IL (#16580)
    CBSA Metro Statistical Area: Champaign-Urbana, IL (#16580)
  • Financial Summary
  • Total assets: $80.1 mil
    Equity capital: $9.4 mil
    Deposits held in domestic offices: $65.0 mil
    Return on assets (ROA): 1.10% ($0.9 mil)
    Quarterly return on assets: 1.15% ($0.9 mil)
    Return on Equity (ROE): 9.66% ($0.9 mil)
    Quarterly return on equity: 9.93% ($0.9 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.10% ($880.8 mil)
    Quarterly Pretax return on assets: 1.15% ($920.8 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, 2011)

  • Dollar figures in thousands
  • 15Total employees (full-time equivalent)
  • $80,070Total assets
  • $2,902Cash and due from depository institutions
  • $2,022Interest-bearing balances
  • $33,805Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $39,640Net loans & leases
  • $495Loan loss allowance
  • $0Trading account assets
  • $530Bank premises and fixed assets
  • $0Other real estate owned
  • $1,230Goodwill and other intangibles
  • $80,070Life insurance assets
  • $1,963All other assets
  • $70,632Total liabilities and capital
  • $64,996Total liabilities
  • $51,003Total deposits
  • $64,996Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 5400.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $236Subordinated debt
  • $9,438All other liabilities
  • $9,438Total equity capital
  • $9,438Total bank equity capital
  • $0Perpetual preferred stock
  • $700Common stock
  • $6,223Surplus
  • $2,515Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $538Income earned, not collected on loans
  • $0Earning assets
  • $811Long-term assets (5+ years)
  • $75,467Average Assets, year-to-date
  • $5,128Average Assets, quarterly
  • $80,471Volatile liabilities
  • $81,611Insider loans
  • $43,539FHLB advances
  • $80,869Loans and leases held for sale
  • $932Unused loan commitments
  • $932Tier 1 (core) risk-based capital
  • $7,520Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $12,566Restructured Loans and leases
  • $102Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,588Total interest income
  • $297Total interest expense
  • $2,291Net interest income
  • $50Provision for loan and lease losses
  • $227Total noninterest income
  • $0Fiduciary activities
  • $99Service charges on deposit accounts
  • $0Trading account gains & fees
  • $128Additional noninterest income
  • $1,584Total noninterest expense
  • $881Salaries and employee benefits
  • $214Premises and equipment expense
  • $489Additional noninterest expense
  • $884Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $884Income before extraordinary items
  • $0Extraordinary gains - net
  • $884Net income attributable to bank
  • $0Net charge-offs
  • $884Cash dividends
  • $66Sale, conversion, retirement of capital stock, net
  • $390Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.40%Yield on earning assets
  • 0.39%Cost of funding earning assets
  • 3.01%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 2.08%Noninterest expense to earning assets
  • 1.10%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.10%Pretax return on assets
  • 9.66%Return on equity (ROE)
  • 5.40%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 75.76%Credit loss provision to net charge-offs
  • 14.15%Efficiency ratio
  • 61,041Assets per employee
  • 5.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.12%Loss allowance to loans
  • 1.23%Loss allowance to noncurrent loans
  • 92.01%Noncurrent assets plus other real estate owned to assets
  • 0.67%Noncurrent loans to loans
  • 1.34%Net loans and leases to deposits
  • 60.99%Net loans and leases to core deposits
  • 61.27%Equity capital to assets
  • 11.79%Core capital (leverage) ratio
  • 9.30%Tier 1 risk-based capital ratio
  • 17.27%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $80,471Average earning assets
  • $9,147Average equity
  • $76,094Average loans

List of branches

  • 4 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03900Philo Exchange Bank102 West Washington Street, Philo, IL 61864January 01, 1883Full Service Brick and Mortar
    17684State Bank Of Allerton Branch201 N. Vermilion, Allerton, IL 61810January 01, 1908Full Service Brick and Mortar
    2226331Community Bank Plaza FacilityLincoln And Diller Streets, Broadlands, IL 61816September 01, 1982Full Service Brick and Mortar
    3527468North Lincoln Street Branch (Route 1401 North Lincoln Street, Philo, IL 61864October 27, 2011Full Service Brick and Mortar

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