Prairie State Bank and Trust in Mount Zion, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Prairie State Bank and Trust - Overview

  • General
  • FDIC Certificate #: 27362
    Status: Active
    Federal Reserve ID: 1222948
    Bank Holding Company (Regulatory Top Holder): American Central Bancorporation, Inc. (RSSDID: 1095414, Location: Springfield, IL)
    Date Established: November 04, 1988
    WWW: http://www.psbank.net
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 21 (Domestic: 21, Interstate: No)
    FDIC's unique #: 39681
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 04, 1988
    Last Structure Change Effective Date: December 10, 2011
    Last Structure Change Process Date: December 20, 2011
    Last Data Update: December 20, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 340 Main Street, Mount Zion, IL 62549
    County: Macon
    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): Decatur, IL (#2040)
    Core Based Statistical Area (CBSA): Decatur, IL (#19500)
    CBSA Metro Statistical Area: Decatur, IL (#19500)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $633.0 mil
    Equity capital: $61.1 mil
    Deposits held in domestic offices: $566.9 mil
    Return on assets (ROA): 1.95% ($12.3 mil)
    Quarterly return on assets: 2.00% ($12.7 mil)
    Return on Equity (ROE): 21.19% ($12.9 mil)
    Quarterly return on equity: 21.35% ($13.0 mil)
    Net income: $12.2 mil
    Quarterly Net income: $3.2 mil
    Pretax return on assets: 1.97% ($12,469.3 mil)
    Quarterly Pretax return on assets: 2.03% ($12,849.0 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
  • 167Total employees (full-time equivalent)
  • $632,958Total assets
  • $40,155Cash and due from depository institutions
  • $30,028Interest-bearing balances
  • $143,885Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $434,084Net loans & leases
  • $4,520Loan loss allowance
  • $0Trading account assets
  • $4,961Bank premises and fixed assets
  • $140Other real estate owned
  • $2,013Goodwill and other intangibles
  • $632,958Life insurance assets
  • $7,720All other assets
  • $571,808Total liabilities and capital
  • $566,892Total liabilities
  • $493,488Total deposits
  • $566,892Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 3515.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $100Trading liabilities
  • $0Other borrowed funds
  • $1,301Subordinated debt
  • $61,150All other liabilities
  • $61,150Total equity capital
  • $61,150Total bank equity capital
  • $0Perpetual preferred stock
  • $2,546Common stock
  • $7,736Surplus
  • $50,868Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,929Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,316Income earned, not collected on loans
  • $0Earning assets
  • $4,426Long-term assets (5+ years)
  • $607,997Average Assets, year-to-date
  • $62,108Average Assets, quarterly
  • $628,358Volatile liabilities
  • $635,573Insider loans
  • $444,479FHLB advances
  • $642,966Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $60,949Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $61,440Restructured Loans and leases
  • $3,838Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $27,379Total interest income
  • $4,634Total interest expense
  • $22,745Net interest income
  • $1,500Provision for loan and lease losses
  • $5,940Total noninterest income
  • $72Fiduciary activities
  • $1,328Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,540Additional noninterest income
  • $14,826Total noninterest expense
  • $8,895Salaries and employee benefits
  • $994Premises and equipment expense
  • $4,937Additional noninterest expense
  • $12,359Pre-tax net operating income
  • $0Securities gains (losses)
  • $115Applicable income taxes
  • $12,244Income before extraordinary items
  • $0Extraordinary gains - net
  • $12,244Net income attributable to bank
  • $0Net charge-offs
  • $12,244Cash dividends
  • $1,280Sale, conversion, retirement of capital stock, net
  • $7,331Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.56%Yield on earning assets
  • 0.77%Cost of funding earning assets
  • 3.78%Net interest margin
  • 0.99%Noninterest income to earning assets
  • 2.47%Noninterest expense to earning assets
  • 1.95%Net operating income to assets
  • 1.95%Return on assets (ROA)
  • 1.97%Pretax return on assets
  • 21.19%Return on equity (ROE)
  • 8.50%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 117.19%Credit loss provision to net charge-offs
  • 10.83%Efficiency ratio
  • 51,686Assets per employee
  • 3.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 59.87%Loss allowance to loans
  • 1.03%Loss allowance to noncurrent loans
  • 136.31%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 0.76%Net loans and leases to deposits
  • 76.57%Net loans and leases to core deposits
  • 79.89%Equity capital to assets
  • 9.66%Core capital (leverage) ratio
  • 9.48%Tier 1 risk-based capital ratio
  • 13.71%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $628,358Average earning assets
  • $57,786Average equity
  • $601,020Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $27,419Managed Assets
  • 1Number of Accounts
  • $15,326Personal trust and agency accounts
  • $11,214Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $4,112Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 60Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $12,093Other retirement accounts
  • $1,570Corporate trust and agency accounts
  • $8,167Other fiduciary accounts
  • $2,356Fiduciary accounts held in foreign offices

List of branches

  • 21 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    039681Prairie State Bank And Trust340 Main Street, Mount Zion, IL 62549November 04, 1988Full Service Brick and Mortar
    3223029Long Creek Banking Center Facility2028 S Mt. Zion Road, Decatur, IL 62521January 18, 1982Limited Service Facility
    45409Toronto Road Branch1361 Toronto Road, Springfield, IL 62707January 01, 1890Full Service Brick and Mortar
    5218604Springfield Branch1001 Durkin Drive, Springfield, IL 62704August 04, 1988Full Service Brick and Mortar
    6218606Illiopolis Branch345 Mary Street, Illiopolis, IL 62539September 04, 1991Full Service Brick and Mortar
    8261873Pershing Road Branch1000 West Pershing Road, Decatur, IL 62526December 01, 1998Full Service Brick and Mortar
    93901Meredosia Branch100 Main Street, Meredosia, IL 62665January 01, 1887Full Service Brick and Mortar
    10208068Perry FacilityRoute 107 And Main Street, Perry, IL 62362March 25, 1982Full Service Brick and Mortar
    11208069Jacksonville Branch1610 West Lafayette, Jacksonville, IL 62650November 27, 1995Full Service Brick and Mortar
    13448930Champaign Branch1902 Fox Drive, Suite C, Champaign, IL 61820November 01, 2005Full Service Brick and Mortar
    14463228Bloomington Branch139 North Williamsburg, Bloomington, IL 61704Febuary 15, 2007Full Service Brick and Mortar
    1514632Charleston Branch621 West Lincoln Street, Charleston, IL 61920July 19, 1973Full Service Brick and Mortar
    17252362Mattoon Branch2121 Western Avenue, Mattoon, IL 61938March 10, 1997Full Service Brick and Mortar
    1835723518th Street Branch1820 18th Street, Charleston, IL 61920November 08, 1999Limited Service Facility
    198058Virden Branch201 East Jackson Street, Virden, IL 62690December 19, 1910Full Service Brick and Mortar
    20227806Farmersville FacilityMain And Cleveland, Farmersville, IL 62533Febuary 10, 1986Full Service Brick and Mortar
    21227807Virden Drive Up FacilityCorner Of Springfield And Fortune Streets, Virden, IL 62690August 18, 1988Limited Service Facility
    22227808Girard Facility402 North 3rd, Girard, IL 62640December 09, 1993Full Service Brick and Mortar
    23520806Morton Street Office1052 West Morton Avenue, Jacksonville, IL 62650June 17, 2011Full Service Brick and Mortar
    2416674Lewistown Branch105 West Lncoln Street, Lewistown, IL 61542June 25, 1982Full Service Brick and Mortar
    25256776Community Service Facility200 Main Street, Saint David, IL 61563January 30, 1984Full Service Brick and Mortar

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