SouthernTrust Bank in Goreville, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • SouthernTrust Bank in Goreville, Illinois (IL)
  • Show street view No street view available for this location

SouthernTrust Bank - Overview

  • General
  • FDIC Certificate #: 57897
    Status: Active
    Federal Reserve ID: 3316739
    Bank Holding Company (Regulatory Top Holder): Southerntrust Bancshares, Inc (RSSDID: 3316720, Location: Goreville, IL)
    Date Established: May 31, 2005
    WWW: http://www.southerntrustbank.com
    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 #: 429670
    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: Commercial Lending Specialization
    Date of Deposit Insurance: May 31, 2005
    Last Structure Change Effective Date: March 29, 2010
    Last Structure Change Process Date: March 29, 2010
    Last Data Update: March 29, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 North Broadway, Goreville, IL 62939
    County: Johnson
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Mount Vernon
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • Financial Summary
  • Total assets: $51.1 mil
    Equity capital: $4.3 mil
    Deposits held in domestic offices: $45.5 mil
    Return on assets (ROA): 0.18% ($0.1 mil)
    Quarterly return on assets: 1.10% ($0.6 mil)
    Return on Equity (ROE): 2.28% ($0.1 mil)
    Quarterly return on equity: 13.25% ($0.5 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.18% ($92.0 mil)
    Quarterly Pretax return on assets: 1.09% ($556.9 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
  • 22Total employees (full-time equivalent)
  • $51,088Total assets
  • $1,604Cash and due from depository institutions
  • $250Interest-bearing balances
  • $11,901Securities
  • $417Federal funds sold & reverse repurchase agreements
  • $33,996Net loans & leases
  • $440Loan loss allowance
  • $0Trading account assets
  • $2,204Bank premises and fixed assets
  • $300Other real estate owned
  • $0Goodwill and other intangibles
  • $51,088Life insurance assets
  • $666All other assets
  • $46,779Total liabilities and capital
  • $45,454Total liabilities
  • $41,197Total deposits
  • $45,454Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 1110.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $215Subordinated debt
  • $4,309All other liabilities
  • $4,309Total equity capital
  • $4,309Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $4,042Surplus
  • $-733Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $598Income earned, not collected on loans
  • $0Earning assets
  • $295Long-term assets (5+ years)
  • $46,564Average Assets, year-to-date
  • $4,147Average Assets, quarterly
  • $51,656Volatile liabilities
  • $51,504Insider loans
  • $34,276FHLB advances
  • $51,539Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,186Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,554Restructured Loans and leases
  • $1,001Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,540Total interest income
  • $625Total interest expense
  • $1,915Net interest income
  • $289Provision for loan and lease losses
  • $330Total noninterest income
  • $0Fiduciary activities
  • $141Service charges on deposit accounts
  • $0Trading account gains & fees
  • $189Additional noninterest income
  • $1,868Total noninterest expense
  • $892Salaries and employee benefits
  • $266Premises and equipment expense
  • $710Additional noninterest expense
  • $88Pre-tax net operating income
  • $7Securities gains (losses)
  • $1Applicable income taxes
  • $94Income before extraordinary items
  • $0Extraordinary gains - net
  • $94Net income attributable to bank
  • $0Net charge-offs
  • $94Cash dividends
  • $245Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.40%Yield on earning assets
  • 1.33%Cost of funding earning assets
  • 4.07%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 3.97%Noninterest expense to earning assets
  • 0.17%Net operating income to assets
  • 0.18%Return on assets (ROA)
  • 0.18%Pretax return on assets
  • 2.28%Return on equity (ROE)
  • 2.28%Retained earnings to average equity (YTD only)
  • 0.70%Net charge-offs to loans
  • 117.96%Credit loss provision to net charge-offs
  • 1.54%Efficiency ratio
  • 83,207Assets per employee
  • 2.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.28%Loss allowance to noncurrent loans
  • 73.58%Noncurrent assets plus other real estate owned to assets
  • 1.76%Noncurrent loans to loans
  • 1.74%Net loans and leases to deposits
  • 74.79%Net loans and leases to core deposits
  • 83.00%Equity capital to assets
  • 8.43%Core capital (leverage) ratio
  • 8.12%Tier 1 risk-based capital ratio
  • 12.21%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $51,656Average earning assets
  • $4,124Average equity
  • $47,010Average loans

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0429670Southerntrust Bank101 North Broadway, Goreville, IL 62939May 31, 2005Full Service Brick and Mortar
    1440687Vienna Branch200 South First Street, Vienna, IL 62995May 31, 2005Full Service Brick and Mortar
    2500103Southern Trust Bank - Lake Of Egypt1500 State Route 57, Marion, IL 62959December 21, 2009Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with SouthernTrust Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents