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


Sidell State Bank - Overview

  • General
  • FDIC Certificate #: 15807
    Status: Active
    Federal Reserve ID: 238045
    Bank Holding Company (Regulatory Top Holder): Sidell Bancorp, Inc. (RSSDID: 1133763, Location: Sidell, IL)
    Date Established: January 01, 1934
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 10051
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: April 07, 1941
    Last Structure Change Effective Date: January 08, 2007
    Last Structure Change Process Date: January 08, 2007
    Last Data Update: January 08, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 504 North Chicago Street, Sidell, IL 61876
    County: Vermilion
    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
    Core Based Statistical Area (CBSA): Danville, IL (#19180)
    CBSA Metro Statistical Area: Danville, IL (#19180)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $27.0 mil
    Equity capital: $2.5 mil
    Deposits held in domestic offices: $23.7 mil
    Return on assets (ROA): 0.30% ($0.1 mil)
    Quarterly return on assets: 0.01% ($0.0 mil)
    Return on Equity (ROE): 3.16% ($0.1 mil)
    Quarterly return on equity: 0.16% ($0.0 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.32% ($86.3 mil)
    Quarterly Pretax return on assets: 0.10% ($27.0 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
  • 7Total employees (full-time equivalent)
  • $26,971Total assets
  • $5,186Cash and due from depository institutions
  • $3,879Interest-bearing balances
  • $11,489Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $9,755Net loans & leases
  • $166Loan loss allowance
  • $0Trading account assets
  • $243Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $26,971Life insurance assets
  • $298All other assets
  • $24,513Total liabilities and capital
  • $23,655Total liabilities
  • $15,725Total deposits
  • $23,655Interest-bearing deposits
  • $78Deposits held in domestic offices
  • 795.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $63Subordinated debt
  • $2,458All other liabilities
  • $2,458Total equity capital
  • $2,458Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $650Surplus
  • $1,658Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7Income earned, not collected on loans
  • $0Earning assets
  • $229Long-term assets (5+ years)
  • $25,123Average Assets, year-to-date
  • $880Average Assets, quarterly
  • $25,898Volatile liabilities
  • $27,341Insider loans
  • $11,627FHLB advances
  • $27,192Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,418Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,515Restructured Loans and leases
  • $13Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $577Total interest income
  • $20Total interest expense
  • $557Net interest income
  • $0Provision for loan and lease losses
  • $124Total noninterest income
  • $0Fiduciary activities
  • $66Service charges on deposit accounts
  • $0Trading account gains & fees
  • $58Additional noninterest income
  • $664Total noninterest expense
  • $286Salaries and employee benefits
  • $72Premises and equipment expense
  • $306Additional noninterest expense
  • $17Pre-tax net operating income
  • $66Securities gains (losses)
  • $6Applicable income taxes
  • $77Income before extraordinary items
  • $0Extraordinary gains - net
  • $77Net income attributable to bank
  • $0Net charge-offs
  • $77Cash dividends
  • -$2Sale, conversion, retirement of capital stock, net
  • $35Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.50%Yield on earning assets
  • 0.09%Cost of funding earning assets
  • 2.42%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 2.88%Noninterest expense to earning assets
  • 0.06%Net operating income to assets
  • 0.30%Return on assets (ROA)
  • 0.32%Pretax return on assets
  • 3.16%Return on equity (ROE)
  • 1.73%Retained earnings to average equity (YTD only)
  • -0.02%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 97,504Assets per employee
  • 3.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.45%Loss allowance to loans
  • 1.67%Loss allowance to noncurrent loans
  • 2371.43%Noncurrent assets plus other real estate owned to assets
  • 0.03%Noncurrent loans to loans
  • 0.07%Net loans and leases to deposits
  • 41.24%Net loans and leases to core deposits
  • 45.05%Equity capital to assets
  • 9.11%Core capital (leverage) ratio
  • 8.89%Tier 1 risk-based capital ratio
  • 20.80%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $25,898Average earning assets
  • $2,433Average equity
  • $23,038Average loans

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010051Sidell State Bank504 North Chicago Street, Sidell, IL 61876January 01, 1934Full Service Brick and Mortar
    1235527Hume Bank315 Center Street, Hume, IL 61932April 26, 1982Full Service Brick and Mortar
    22354Homer Bank134 South Main Street, Homer, IL 61849January 01, 1920Full Service Brick and Mortar

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