Shelby County State Bank in Shelbyville, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Shelby County State Bank - Overview

  • General
  • FDIC Certificate #: 11702
    Status: Active
    Federal Reserve ID: 235446
    Bank Holding Company (Regulatory Top Holder): Shelby County Bancorp, Inc. (RSSDID: 1138058, Location: Shelbyville, IL)
    Date Established: May 11, 1895
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 14714
    FDIC's unique #: 7481
    Numeric code: 13
    Regulator: FED
    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: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 130 South Morgan Street, Shelbyville, IL 62565
    County: Shelby
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $203.0 mil
    Equity capital: $21.0 mil
    Deposits held in domestic offices: $179.9 mil
    Return on assets (ROA): 1.01% ($2.1 mil)
    Quarterly return on assets: 0.89% ($1.8 mil)
    Return on Equity (ROE): 9.74% ($2.0 mil)
    Quarterly return on equity: 8.40% ($1.8 mil)
    Net income: $2.0 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.02% ($2,070.8 mil)
    Quarterly Pretax return on assets: 0.89% ($1,806.9 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
  • 55Total employees (full-time equivalent)
  • $203,024Total assets
  • $6,868Cash and due from depository institutions
  • $918Interest-bearing balances
  • $81,152Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $110,229Net loans & leases
  • $890Loan loss allowance
  • $0Trading account assets
  • $1,860Bank premises and fixed assets
  • $136Other real estate owned
  • $0Goodwill and other intangibles
  • $203,024Life insurance assets
  • $2,779All other assets
  • $182,030Total liabilities and capital
  • $179,919Total liabilities
  • $155,381Total deposits
  • $179,919Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 1498.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $44Trading liabilities
  • $0Other borrowed funds
  • $569Subordinated debt
  • $20,994All other liabilities
  • $20,994Total equity capital
  • $20,994Total bank equity capital
  • $0Perpetual preferred stock
  • $1,400Common stock
  • $2,385Surplus
  • $17,209Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $368Income earned, not collected on loans
  • $0Earning assets
  • $1,728Long-term assets (5+ years)
  • $192,299Average Assets, year-to-date
  • $34,405Average Assets, quarterly
  • $195,167Volatile liabilities
  • $198,794Insider loans
  • $120,417FHLB advances
  • $200,692Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $19,151Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $20,846Restructured Loans and leases
  • $2,501Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,562Total interest income
  • $1,519Total interest expense
  • $6,043Net interest income
  • $285Provision for loan and lease losses
  • $1,069Total noninterest income
  • $129Fiduciary activities
  • $282Service charges on deposit accounts
  • $0Trading account gains & fees
  • $658Additional noninterest income
  • $4,950Total noninterest expense
  • $2,713Salaries and employee benefits
  • $766Premises and equipment expense
  • $1,471Additional noninterest expense
  • $1,877Pre-tax net operating income
  • $114Securities gains (losses)
  • $12Applicable income taxes
  • $1,979Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,979Net income attributable to bank
  • $0Net charge-offs
  • $1,979Cash dividends
  • $81Sale, conversion, retirement of capital stock, net
  • $1,376Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.12%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 3.29%Net interest margin
  • 0.58%Noninterest income to earning assets
  • 2.70%Noninterest expense to earning assets
  • 0.96%Net operating income to assets
  • 1.01%Return on assets (ROA)
  • 1.02%Pretax return on assets
  • 9.74%Return on equity (ROE)
  • 2.97%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 351.85%Credit loss provision to net charge-offs
  • 26.69%Efficiency ratio
  • 69,601Assets per employee
  • 3.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 69.53%Loss allowance to loans
  • 0.80%Loss allowance to noncurrent loans
  • 241.85%Noncurrent assets plus other real estate owned to assets
  • 0.25%Noncurrent loans to loans
  • 0.33%Net loans and leases to deposits
  • 61.27%Net loans and leases to core deposits
  • 63.47%Equity capital to assets
  • 10.34%Core capital (leverage) ratio
  • 9.54%Tier 1 risk-based capital ratio
  • 15.90%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $195,167Average earning assets
  • $20,319Average equity
  • $183,585Average 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
  • $21,111Managed Assets
  • 1Number of Accounts
  • $4,542Personal trust and agency accounts
  • $2,189Employee benefit-defined contribution accounts
  • $1,347Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $1,006Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 233Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $16,569Other retirement accounts
  • $12,397Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,581Fiduciary accounts held in foreign offices

List of branches

  • 6 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07481Shelby County State Bank130 South Morgan Street, Shelbyville, IL 62565May 11, 1895Full Service Brick and Mortar
    110350Windsor Facility1112 Maine Street, Windsor, IL 61957April 22, 1944Full Service Brick and Mortar
    214181Findlay Branch207 East Division Street, Findlay, IL 62534December 02, 1971Full Service Brick and Mortar
    35937Strasburg BranchMain Street, Strasburg, IL 62465January 01, 1917Full Service Brick and Mortar
    42254701501 West Main Street Branch1501 West Main Street, Shelbyville, IL 62565January 10, 1994Full Service Brick and Mortar
    5478854Moweaqua Branch920 East Main Street, Moweaqua, IL 62550July 07, 2008Full Service Brick and Mortar

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