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


State Bank of Bement - Overview

  • General
  • FDIC Certificate #: 10855
    Status: Active
    Federal Reserve ID: 439730
    Bank Holding Company (Regulatory Top Holder): Bement Bancshares, Inc. (RSSDID: 1205923, Location: Bement, IL)
    Date Established: January 17, 1914
    WWW: http://www.bankbement.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 6944
    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: January 01, 1934
    Last Structure Change Effective Date: December 03, 2011
    Last Structure Change Process Date: December 13, 2011
    Last Data Update: December 13, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 180 East Bodman Street, Bement, IL 61813
    County: Piatt
    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): Champaign-Urbana, IL (#16580)
    CBSA Metro Statistical Area: Champaign-Urbana, IL (#16580)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $77.6 mil
    Equity capital: $11.2 mil
    Deposits held in domestic offices: $66.3 mil
    Return on assets (ROA): 0.46% ($0.4 mil)
    Quarterly return on assets: 0.66% ($0.5 mil)
    Return on Equity (ROE): 3.18% ($0.3 mil)
    Quarterly return on equity: 4.54% ($0.5 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.49% ($380.2 mil)
    Quarterly Pretax return on assets: 0.63% ($488.9 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
  • 23Total employees (full-time equivalent)
  • $77,596Total assets
  • $11,319Cash and due from depository institutions
  • $7,828Interest-bearing balances
  • $17,553Securities
  • $318Federal funds sold & reverse repurchase agreements
  • $45,415Net loans & leases
  • $412Loan loss allowance
  • $0Trading account assets
  • $1,119Bank premises and fixed assets
  • $398Other real estate owned
  • $0Goodwill and other intangibles
  • $77,596Life insurance assets
  • $1,474All other assets
  • $66,364Total liabilities and capital
  • $66,253Total liabilities
  • $55,036Total deposits
  • $66,253Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $111Subordinated debt
  • $11,232All other liabilities
  • $11,232Total equity capital
  • $11,232Total bank equity capital
  • $0Perpetual preferred stock
  • $225Common stock
  • $1,625Surplus
  • $9,382Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $754Income earned, not collected on loans
  • $0Earning assets
  • $905Long-term assets (5+ years)
  • $71,114Average Assets, year-to-date
  • $9,646Average Assets, quarterly
  • $77,103Volatile liabilities
  • $77,425Insider loans
  • $53,895FHLB advances
  • $78,621Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,215Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,535Restructured Loans and leases
  • $2,339Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,090Total interest income
  • $314Total interest expense
  • $2,776Net interest income
  • $92Provision for loan and lease losses
  • $617Total noninterest income
  • $99Fiduciary activities
  • $260Service charges on deposit accounts
  • $0Trading account gains & fees
  • $258Additional noninterest income
  • $2,922Total noninterest expense
  • $1,664Salaries and employee benefits
  • $324Premises and equipment expense
  • $934Additional noninterest expense
  • $379Pre-tax net operating income
  • $0Securities gains (losses)
  • $22Applicable income taxes
  • $357Income before extraordinary items
  • $0Extraordinary gains - net
  • $357Net income attributable to bank
  • $0Net charge-offs
  • $357Cash dividends
  • $249Sale, conversion, retirement of capital stock, net
  • $226Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.44%Yield on earning assets
  • 0.45%Cost of funding earning assets
  • 3.99%Net interest margin
  • 0.89%Noninterest income to earning assets
  • 4.20%Noninterest expense to earning assets
  • 0.46%Net operating income to assets
  • 0.46%Return on assets (ROA)
  • 0.49%Pretax return on assets
  • 3.18%Return on equity (ROE)
  • 1.17%Retained earnings to average equity (YTD only)
  • 0.57%Net charge-offs to loans
  • 36.95%Credit loss provision to net charge-offs
  • 1.89%Efficiency ratio
  • 86,118Assets per employee
  • 3.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 63.31%Loss allowance to loans
  • 0.90%Loss allowance to noncurrent loans
  • 54.64%Noncurrent assets plus other real estate owned to assets
  • 1.48%Noncurrent loans to loans
  • 1.65%Net loans and leases to deposits
  • 68.55%Net loans and leases to core deposits
  • 68.55%Equity capital to assets
  • 14.47%Core capital (leverage) ratio
  • 14.26%Tier 1 risk-based capital ratio
  • 20.81%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $77,103Average earning assets
  • $11,211Average equity
  • $69,566Average 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
  • $56,947Managed Assets
  • 1Number of Accounts
  • $56,947Personal trust and agency accounts
  • $56,947Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 37Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06944State Bank Of Bement180 East Bodman Street, Bement, IL 61813January 17, 1914Full Service Brick and Mortar
    12356Ivesdale Branch301 Chapin St, Ivesdale, IL 61851January 01, 1902Full Service Brick and Mortar

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