South Side Trust & Savings Bank of Peoria in Peoria, Illinois (IL)



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South Side Trust & Savings Bank of Peoria routing number info

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South Side Trust & Savings Bank of Peoria
GeneralFDIC Certificate #: 12082
Status: Active
Federal Reserve ID: 662640
Bank Holding Company (Regulatory Top Holder): Mid Illinois Bancorp, Inc. (RSSDID: 1208513, Location: Peoria, IL)
Date Established: January 02, 1922
WWW: http://www.southsidebank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 14 (Domestic: 14, Interstate: No)
OTS Docket #: 12082
FDIC's unique #: 7678
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: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
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
LocationAddress: 2119 S.W. Adams Street, Peoria, IL 61602
County: Peoria
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Princeton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Peoria-Pekin, IL (#6120)
Combined Statistical Area (CSA): Peoria-Canton, IL (#426)
Core Based Statistical Area (CBSA): Peoria, IL (#37900)
CBSA Metro Statistical Area: Peoria, IL (#37900)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $668.3 mil
Equity capital: $72.7 mil
Deposits held in domestic offices: $535.4 mil
Return on assets (ROA): 1.03% ($6.9 mil)
Quarterly return on assets: 0.96% ($6.4 mil)
Return on Equity (ROE): 9.62% ($7.0 mil)
Quarterly return on equity: 8.82% ($6.4 mil)
Net income: $6.8 mil
Quarterly Net income: $1.6 mil
Pretax return on assets: 1.58% ($10,558.5 mil)
Quarterly Pretax return on assets: 1.57% ($10,491.7 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)
Total employees (full-time equivalent)175
Total assets$668,261
Cash and due from depository institutions$41,063
Interest-bearing balances$4
Securities$235,270
Federal funds sold & reverse repurchase agreements$3,853
Net loans & leases$344,343
Loan loss allowance $4,900
Trading account assets$0
Bank premises and fixed assets$11,889
Other real estate owned$255
Goodwill and other intangibles$563
All other assets$31,025
Life insurance assets$668,261
Total liabilities and capital$595,533
Total liabilities$535,414
Total deposits$484,460
Interest-bearing deposits$535,414
Deposits held in domestic offices$91
% insured (estimated)52947.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$1,500
Other borrowed funds $0
Subordinated debt $5,672
All other liabilities $72,728
Total equity capital$72,728
Total bank equity capital$72,728
Perpetual preferred stock$0
Common stock$1,620
Surplus$7,261
Undivided profits $63,847
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $11,010
Income earned, not collected on loans $2,028
Earning assets $0
Long-term assets (5+ years) $2,216
Average Assets, year-to-date $583,470
Average Assets, quarterly $349,324
Volatile liabilities $658,192
Insider loans $666,340
FHLB advances $368,285
Loans and leases held for sale $664,436
Unused loan commitments $15,560
Tier 1 (core) risk-based capital $6,806
Tier 2 risk-based capital $70,511
Total risk weighted assets $0
Total unused commitments $8,754
Restructured Loans and leases $60,774
Derivatives$5,067
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $25,363
Total interest expense $4,873
Net interest income $20,490
Provision for loan and lease losses $1,120
Total noninterest income $6,343
Fiduciary activities $1,686
Service charges on deposit accounts $1,502
Trading account gains & fees $0
Additional noninterest income $3,155
Total noninterest expense $15,580
Salaries and employee benefits $9,517
Premises and equipment expense $1,750
Additional noninterest expense $4,313
Pre-tax net operating income $10,133
Securities gains (losses) $266
Applicable income taxes $3,649
Income before extraordinary items $6,750
Extraordinary gains - net $0
Net income attributable to bank $6,750
Net charge-offs $0
Cash dividends $6,750
Sale, conversion, retirement of capital stock, net $382
Net operating income $2,190
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.37%
Cost of funding earning assets 0.84%
Net interest margin 3.53%
Noninterest income to earning assets 1.09%
Noninterest expense to earning assets 2.68%
Net operating income to assets 1.00%
Return on assets (ROA) 1.03%
Pretax return on assets 1.58%
Return on equity (ROE) 9.62%
Retained earnings to average equity (YTD only) 6.50%
Net charge-offs to loans 0.11%
Credit loss provision to net charge-offs 293.19%
Efficiency ratio29.46%
Assets per employee$58,063
Cash dividends to net income (YTD only)3.82%
Condition Ratios (%)
Loss allowance to loans 32.44%
Loss allowance to noncurrent loans 1.40%
Noncurrent assets plus other real estate owned to assets 241.62%
Noncurrent loans to loans 0.34%
Net loans and leases to deposits0.58%
Net loans and leases to core deposits 64.31%
Equity capital to assets 67.91%
Core capital (leverage) ratio 10.88%
Tier 1 risk-based capital ratio 10.61%
Total risk-based capital ratio 19.15%
Memoranda
Average assets$20
Average earning assets$658,192
Average equity $70,176
Average loans $580,350
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$284,842
Number of Accounts1
Personal trust and agency accounts$201,044
Employee benefit-defined contribution accounts$95,937
Employee benefit-defined benefit accounts$2,361
Other retirement accounts$13,515
Corporate trust and agency accounts$25,950
Investment management agency accounts$0
Other fiduciary accounts$63,280
Fiduciary accounts held in foreign offices$0
Non-managed Assets$1
Number of Accounts740
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$25,950
Employee benefit-defined benefit accounts$0
Other retirement accounts$83,798
Corporate trust and agency accounts$25,398
Other fiduciary accounts$33,059
Fiduciary accounts held in foreign offices$24,264
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14 Illinois Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
07678South Side Trust & Savings Bank Of P2119 S.W. Adams Street, Peoria, IL 61602January 02, 1922Full Service Brick and Mortar
1226319West Peoria Facility2421-2427 West Rohmann Avenue, Peoria, IL 61604August 26, 1977Full Service Brick and Mortar
2226320Northpoint Facility8919 North Knoxville Avenue, Peoria, IL 61615November 27, 1984Full Service Brick and Mortar
3226321Garfield Branch1400-1406 West Garfield Avenue, Bartonville, IL 61607April 18, 1988Full Service Brick and Mortar
442247917 North Fourth Street Branch917 North Fourth Street, Chillicothe, IL 61523January 01, 1888Full Service Brick and Mortar
8226322West Willow Knolls Branch4100 West Willow Knolls Road, Peoria, IL 61615March 06, 1993Full Service Brick and Mortar
9226323101 S.W. Adams Branch101 S.W. Adams Street, Peoria, IL 61602October 04, 1993Full Service Brick and Mortar
10226324Big Hollow Road Branch5001 North Big Hollow Road, Peoria, IL 61615November 08, 1994Full Service Brick and Mortar
11226325Hamilton Branch414 1/2 Hamilton Boulevard, Peoria, IL 61602May 19, 1997Limited Service Facility
13226327East Peoria Branch118 Cole Street, East Peoria, IL 61611December 01, 1998Full Service Brick and Mortar
14357241South Side Branch2119 Sw Adams, Peoria, IL 61602April 15, 1998Limited Service Mobile
15469124Washington Il Branch2 Saint Claire Court, Washington, IL 61571October 22, 2007Full Service Brick and Mortar
16489382Sheridan Road Branch4520 North Sheridan Road, Peoria, IL 61614March 02, 2009Full Service Brick and Mortar
17519099Pekin Il Branch3200 Veterans Drive, Pekin, IL 61554May 02, 2011Full Service Brick and Mortar
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