Schuyler State Bank in Rushville, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Schuyler State Bank - Overview

  • General
  • FDIC Certificate #: 19710
    Status: Active
    Federal Reserve ID: 945343
    Bank Holding Company (Regulatory Top Holder): Schuyler Bancorp, Inc. (RSSDID: 1203639, Location: Springfield, IL)
    Date Established: June 01, 1967
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 13506
    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: June 01, 1967
    Last Structure Change Effective Date: July 21, 2008
    Last Structure Change Process Date: July 23, 2008
    Last Data Update: July 23, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 100-08 North Congress Street, Rushville, IL 62681
    County: Schuyler
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Springfield Il
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • History of Changes
  • Change in Trust Powers
  • Financial Summary
  • Total assets: $51.6 mil
    Equity capital: $5.0 mil
    Deposits held in domestic offices: $45.1 mil
    Return on assets (ROA): 1.04% ($0.5 mil)
    Quarterly return on assets: 1.10% ($0.6 mil)
    Return on Equity (ROE): 10.71% ($0.5 mil)
    Quarterly return on equity: 11.21% ($0.6 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.04% ($536.4 mil)
    Quarterly Pretax return on assets: 1.10% ($567.3 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
  • 16Total employees (full-time equivalent)
  • $51,576Total assets
  • $9,648Cash and due from depository institutions
  • $8,350Interest-bearing balances
  • $7,319Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $33,064Net loans & leases
  • $344Loan loss allowance
  • $0Trading account assets
  • $1,036Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $51,576Life insurance assets
  • $509All other assets
  • $46,547Total liabilities and capital
  • $45,129Total liabilities
  • $38,294Total deposits
  • $45,129Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 1326.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $92Subordinated debt
  • $5,029All other liabilities
  • $5,029Total equity capital
  • $5,029Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $750Surplus
  • $4,029Undivided 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
  • $366Long-term assets (5+ years)
  • $48,733Average Assets, year-to-date
  • $953Average Assets, quarterly
  • $50,933Volatile liabilities
  • $50,456Insider loans
  • $32,921FHLB advances
  • $51,471Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,029Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,825Restructured Loans and leases
  • $44Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,254Total interest income
  • $454Total interest expense
  • $1,800Net interest income
  • $14Provision for loan and lease losses
  • $232Total noninterest income
  • $0Fiduciary activities
  • $101Service charges on deposit accounts
  • $0Trading account gains & fees
  • $131Additional noninterest income
  • $1,487Total noninterest expense
  • $824Salaries and employee benefits
  • $188Premises and equipment expense
  • $475Additional noninterest expense
  • $531Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $531Income before extraordinary items
  • $0Extraordinary gains - net
  • $531Net income attributable to bank
  • $0Net charge-offs
  • $531Cash dividends
  • $11Sale, conversion, retirement of capital stock, net
  • $520Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.70%Yield on earning assets
  • 0.95%Cost of funding earning assets
  • 3.75%Net interest margin
  • 0.48%Noninterest income to earning assets
  • 3.10%Noninterest expense to earning assets
  • 1.04%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.04%Pretax return on assets
  • 10.71%Return on equity (ROE)
  • 0.22%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 127.27%Credit loss provision to net charge-offs
  • 49.55%Efficiency ratio
  • 73,179Assets per employee
  • 3.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 97.93%Loss allowance to loans
  • 1.03%Loss allowance to noncurrent loans
  • 63.94%Noncurrent assets plus other real estate owned to assets
  • 1.04%Noncurrent loans to loans
  • 1.61%Net loans and leases to deposits
  • 73.27%Net loans and leases to core deposits
  • 80.08%Equity capital to assets
  • 9.75%Core capital (leverage) ratio
  • 9.77%Tier 1 risk-based capital ratio
  • 15.28%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $50,933Average earning assets
  • $4,957Average equity
  • $47,999Average loans

Total Fiduciary and Related Assets (December 31, 2007)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $218Managed Assets
  • 1Number of Accounts
  • $218Personal trust and agency accounts
  • $218Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 23Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013506Schuyler State Bank100-08 North Congress Street, Rushville, IL 62681June 01, 1967Full Service Brick and Mortar
    2455244Macomb Branch1661 East Jackson Street, Macomb, IL 61455September 15, 2006Full Service Brick and Mortar

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