FDIC Certificate #: 10084 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Egyptian State Bank (#17060) Federal Reserve ID: 251343 Date Established: July 01, 1901 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 6448 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: May 06, 2000 Last Structure Change Process Date: May 10, 2000 Last Data Update: May 10, 2000 Data Source Date: April 05, 2012
Location
Address: Main Street, P.O. Box 98, Stonefort, IL 62987 County: Saline Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Mount Vernon Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Core Based Statistical Area (CBSA): Harrisburg, IL (#25380) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $16.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
10Total employees (full-time equivalent)
$16,474Total assets
$1,165Cash and due from depository institutions
$0Interest-bearing balances
$4,885Securities
$650Federal funds sold & reverse repurchase agreements
$8,488Net loans & leases
$90Loan loss allowance
$0Trading account assets
$442Bank premises and fixed assets
$0Other real estate owned
$700Goodwill and other intangibles
$0Life insurance assets
$144All other assets
$16,474Total liabilities and capital
$14,470Total liabilities
$14,345Total deposits
$12,393Interest-bearing deposits
$14,345Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$125All other liabilities
$2,004Total equity capital
$2,004Total bank equity capital
$2,004Perpetual preferred stock
$0Common stock
$120Surplus
$1,695Undivided profits
Memoranda
$189Noncurrent loans and leases
$30Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$148Earning assets
$0Long-term assets (5+ years)
$52Average Assets, year-to-date
$14,023Average Assets, quarterly
$878Volatile liabilities
$16,696Insider loans
$16,734FHLB advances
$600Loans and leases held for sale
$99Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$30Total unused commitments
$28Restructured Loans and leases
$89Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$1,052Total interest income
$488Total interest expense
$564Net interest income
$45Provision for loan and lease losses
$76Total noninterest income
$0Fiduciary activities
$42Service charges on deposit accounts
$0Trading account gains & fees
$34Additional noninterest income
$515Total noninterest expense
$209Salaries and employee benefits
$76Premises and equipment expense
$230Additional noninterest expense
$80Pre-tax net operating income
$0Securities gains (losses)
$7Applicable income taxes
$73Income before extraordinary items
$0Extraordinary gains - net
$73Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$49Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.19%Yield on earning assets
3.34%Cost of funding earning assets
3.86%Net interest margin
0.52%Noninterest income to earning assets
3.52%Noninterest expense to earning assets
0.44%Net operating income to assets
0.44%Return on assets (ROA)
0.48%Pretax return on assets
3.72%Return on equity (ROE)
3.72%Retained earnings to average equity (YTD only)
0.57%Net charge-offs to loans
91.84%Credit loss provision to net charge-offs
2.55%Efficiency ratio
71,875Assets per employee
1.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.05%Loss allowance to noncurrent loans
60.81%Noncurrent assets plus other real estate owned to assets
0.90%Noncurrent loans to loans
1.73%Net loans and leases to deposits
59.17%Net loans and leases to core deposits
61.75%Equity capital to assets
12.16%Core capital (leverage) ratio
8.14%Tier 1 risk-based capital ratio
18.30%Total risk-based capital ratio
Memoranda
$20Average assets
$16,696Average earning assets
$1,964Average equity
$14,627Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Saline County State Bank.
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.
Comment about this bank, ask questions, or add new information about it: