Scott State Bank in Bethany, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Scott State Bank - Overview

  • General
  • FDIC Certificate #: 8491
    Status: Active
    Federal Reserve ID: 443634
    Bank Holding Company (Regulatory Top Holder): Scott Bancshares, Inc. (RSSDID: 1206425, Location: Bethany, IL)
    Date Established: January 01, 1887
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 15639
    FDIC's unique #: 5404
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 01, 2011
    Last Structure Change Process Date: July 06, 2011
    Last Data Update: July 06, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 West Main Street, Bethany, IL 61914
    County: Moultrie
    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
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $94.8 mil
    Equity capital: $15.0 mil
    Deposits held in domestic offices: $78.7 mil
    Return on assets (ROA): 1.20% ($1.1 mil)
    Quarterly return on assets: 1.32% ($1.3 mil)
    Return on Equity (ROE): 7.95% ($1.2 mil)
    Quarterly return on equity: 8.57% ($1.3 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.20% ($1,137.2 mil)
    Quarterly Pretax return on assets: 1.32% ($1,251.0 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
  • 40Total employees (full-time equivalent)
  • $94,769Total assets
  • $8,132Cash and due from depository institutions
  • $4,596Interest-bearing balances
  • $39,598Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $40,955Net loans & leases
  • $576Loan loss allowance
  • $0Trading account assets
  • $1,535Bank premises and fixed assets
  • $462Other real estate owned
  • $283Goodwill and other intangibles
  • $94,769Life insurance assets
  • $3,804All other assets
  • $79,787Total liabilities and capital
  • $78,735Total liabilities
  • $68,310Total deposits
  • $78,735Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 793.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $259Subordinated debt
  • $14,982All other liabilities
  • $14,982Total equity capital
  • $14,982Total bank equity capital
  • $0Perpetual preferred stock
  • $368Common stock
  • $3,362Surplus
  • $11,252Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $934Income earned, not collected on loans
  • $0Earning assets
  • $668Long-term assets (5+ years)
  • $85,149Average Assets, year-to-date
  • $33,846Average Assets, quarterly
  • $96,397Volatile liabilities
  • $96,740Insider loans
  • $59,379FHLB advances
  • $97,870Loans and leases held for sale
  • $2,285Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,010Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,285Total unused commitments
  • $4,550Restructured Loans and leases
  • $562Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,780Total interest income
  • $482Total interest expense
  • $3,298Net interest income
  • $205Provision for loan and lease losses
  • $960Total noninterest income
  • $165Fiduciary activities
  • $369Service charges on deposit accounts
  • $0Trading account gains & fees
  • $426Additional noninterest income
  • $3,059Total noninterest expense
  • $1,793Salaries and employee benefits
  • $370Premises and equipment expense
  • $896Additional noninterest expense
  • $994Pre-tax net operating income
  • $162Securities gains (losses)
  • $1Applicable income taxes
  • $1,155Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,155Net income attributable to bank
  • $0Net charge-offs
  • $1,155Cash dividends
  • $206Sale, conversion, retirement of capital stock, net
  • $600Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.37%Yield on earning assets
  • 0.56%Cost of funding earning assets
  • 3.81%Net interest margin
  • 1.11%Noninterest income to earning assets
  • 3.54%Noninterest expense to earning assets
  • 1.03%Net operating income to assets
  • 1.20%Return on assets (ROA)
  • 1.20%Pretax return on assets
  • 7.95%Return on equity (ROE)
  • 3.82%Retained earnings to average equity (YTD only)
  • 0.50%Net charge-offs to loans
  • 99.51%Credit loss provision to net charge-offs
  • 5.82%Efficiency ratio
  • 71,841Assets per employee
  • 2.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.95%Loss allowance to loans
  • 1.39%Loss allowance to noncurrent loans
  • 61.67%Noncurrent assets plus other real estate owned to assets
  • 1.47%Noncurrent loans to loans
  • 2.25%Net loans and leases to deposits
  • 52.02%Net loans and leases to core deposits
  • 53.48%Equity capital to assets
  • 15.81%Core capital (leverage) ratio
  • 14.31%Tier 1 risk-based capital ratio
  • 23.59%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $96,397Average earning assets
  • $14,521Average equity
  • $86,451Average 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
  • $25,943Managed Assets
  • 1Number of Accounts
  • $24,700Personal trust and agency accounts
  • $17,761Employee benefit-defined contribution accounts
  • $6,467Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $472Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 73Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,243Other retirement accounts
  • $243Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,000Fiduciary accounts held in foreign offices

List of branches

  • 4 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05404Scott State Bank101 West Main Street, Bethany, IL 61914January 01, 1887Full Service Brick and Mortar
    26907Dalton City BranchMain Street, Dalton City, IL 61925January 01, 1892Full Service Brick and Mortar
    3357411Sullivan Branch310 W. Jackson, Sullivan, IL 61951June 12, 2000Full Service Brick and Mortar
    411096Maroa Branch101 East Main Street, Maroa, IL 61756July 16, 1951Full Service Brick and Mortar

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