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


State Bank of Davis - Overview

  • General
  • FDIC Certificate #: 5740
    Status: Active
    Federal Reserve ID: 45038
    Bank Holding Company (Regulatory Top Holder): Foresight Financial Group, Inc. (RSSDID: 1137453, Location: Rockford, IL)
    Date Established: July 14, 1928
    WWW: http://www.statebankofdavis.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 3914
    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: 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: 100 Route 75, Davis, IL 61019
    County: Stephenson
    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
    Combined Statistical Area (CSA): Rockford-Freeport-Rochelle, IL (#466)
    Core Based Statistical Area (CBSA): Freeport, IL (#23300)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $137.0 mil
    Equity capital: $13.0 mil
    Deposits held in domestic offices: $114.3 mil
    Return on assets (ROA): 1.16% ($1.6 mil)
    Quarterly return on assets: 1.14% ($1.6 mil)
    Return on Equity (ROE): 12.55% ($1.6 mil)
    Quarterly return on equity: 12.10% ($1.6 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.58% ($2,164.3 mil)
    Quarterly Pretax return on assets: 1.56% ($2,137.0 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
  • 17Total employees (full-time equivalent)
  • $136,984Total assets
  • $3,848Cash and due from depository institutions
  • $2,030Interest-bearing balances
  • $39,330Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $90,938Net loans & leases
  • $1,623Loan loss allowance
  • $0Trading account assets
  • $929Bank premises and fixed assets
  • $312Other real estate owned
  • $0Goodwill and other intangibles
  • $136,984Life insurance assets
  • $1,627All other assets
  • $123,964Total liabilities and capital
  • $114,342Total liabilities
  • $102,148Total deposits
  • $114,342Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 8466.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $750Trading liabilities
  • $0Other borrowed funds
  • $406Subordinated debt
  • $13,020All other liabilities
  • $13,020Total equity capital
  • $13,020Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $1,547Surplus
  • $11,373Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,985Income earned, not collected on loans
  • $0Earning assets
  • $951Long-term assets (5+ years)
  • $132,298Average Assets, year-to-date
  • $44,519Average Assets, quarterly
  • $132,354Volatile liabilities
  • $137,104Insider loans
  • $98,216FHLB advances
  • $139,687Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,038Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $22,207Restructured Loans and leases
  • $2,757Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,437Total interest income
  • $1,799Total interest expense
  • $4,638Net interest income
  • $879Provision for loan and lease losses
  • $302Total noninterest income
  • $0Fiduciary activities
  • $129Service charges on deposit accounts
  • $0Trading account gains & fees
  • $173Additional noninterest income
  • $1,969Total noninterest expense
  • $918Salaries and employee benefits
  • $159Premises and equipment expense
  • $892Additional noninterest expense
  • $2,092Pre-tax net operating income
  • -$7Securities gains (losses)
  • $556Applicable income taxes
  • $1,529Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,529Net income attributable to bank
  • $0Net charge-offs
  • $1,529Cash dividends
  • $862Sale, conversion, retirement of capital stock, net
  • $764Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.04%Yield on earning assets
  • 1.41%Cost of funding earning assets
  • 3.63%Net interest margin
  • 0.24%Noninterest income to earning assets
  • 1.54%Noninterest expense to earning assets
  • 1.16%Net operating income to assets
  • 1.16%Return on assets (ROA)
  • 1.58%Pretax return on assets
  • 12.55%Return on equity (ROE)
  • 6.28%Retained earnings to average equity (YTD only)
  • 0.96%Net charge-offs to loans
  • 101.97%Credit loss provision to net charge-offs
  • 3.45%Efficiency ratio
  • 39,858Assets per employee
  • 8.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 49.97%Loss allowance to loans
  • 1.75%Loss allowance to noncurrent loans
  • 81.76%Noncurrent assets plus other real estate owned to assets
  • 1.68%Noncurrent loans to loans
  • 2.14%Net loans and leases to deposits
  • 79.53%Net loans and leases to core deposits
  • 83.31%Equity capital to assets
  • 9.50%Core capital (leverage) ratio
  • 8.62%Tier 1 risk-based capital ratio
  • 12.26%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $132,354Average earning assets
  • $12,187Average equity
  • $127,786Average loans

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03914State Bank Of Davis100 Route 75, Davis, IL 61019July 14, 1928Full Service Brick and Mortar

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with State Bank of Davis.
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