State Bank of Lincoln in Lincoln, Illinois (IL)



Show street view No street view available for this location

State Bank of Lincoln routing number info

Table of contents:
State Bank of Lincoln
GeneralFDIC Certificate #: 12396
Status: Active
Federal Reserve ID: 490535
Bank Holding Company (Regulatory Top Holder): Lincoln S.B. Corp. (RSSDID: 1204775, Location: Lincoln, IL)
Date Established: January 16, 1904
WWW: http://www.sblincoln.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Domestic: 7, Interstate: No)
FDIC's unique #: 7884
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: Yes
Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: July 02, 2009
Last Structure Change Process Date: July 06, 2009
Last Data Update: July 06, 2009
Data Source Date: April 05, 2012
LocationAddress: 508 Broadway, Lincoln, IL 62656
County: Logan
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Springfield Il
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Lincoln, IL (#30660)
CBSA Micro Statistical Area: Yes
History of ChangesParticipated in FDIC Assisted Absorption/Consolidation/Merger
Corrections
Financial SummaryTotal assets: $328.5 mil
Equity capital: $33.0 mil
Deposits held in domestic offices: $292.1 mil
Return on assets (ROA): 2.25% ($7.4 mil)
Quarterly return on assets: 2.80% ($9.2 mil)
Return on Equity (ROE): 24.77% ($8.2 mil)
Quarterly return on equity: 28.66% ($9.5 mil)
Net income: $7.3 mil
Quarterly Net income: $2.3 mil
Pretax return on assets: 2.27% ($7,456.5 mil)
Quarterly Pretax return on assets: 2.82% ($9,263.1 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)94
Total assets$328,478
Cash and due from depository institutions$39,398
Interest-bearing balances$27,958
Securities$148,179
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$128,092
Loan loss allowance $2,653
Trading account assets$0
Bank premises and fixed assets$2,234
Other real estate owned$934
Goodwill and other intangibles$3,939
All other assets$5,702
Life insurance assets$328,478
Total liabilities and capital$295,437
Total liabilities$292,066
Total deposits$226,601
Interest-bearing deposits$292,066
Deposits held in domestic offices$83
% insured (estimated)2263.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $1,108
All other liabilities $33,041
Total equity capital$33,041
Total bank equity capital$33,041
Perpetual preferred stock$0
Common stock$1,300
Surplus$8,700
Undivided profits $23,041
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $4,068
Income earned, not collected on loans $5,439
Earning assets $45
Long-term assets (5+ years) $2,536
Average Assets, year-to-date $304,229
Average Assets, quarterly $116,361
Volatile liabilities $324,041
Insider loans $324,663
FHLB advances $163,559
Loans and leases held for sale $316,521
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $26,923
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $42,873
Derivatives$152
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $12,749
Total interest expense $2,183
Net interest income $10,566
Provision for loan and lease losses $570
Total noninterest income $9,683
Fiduciary activities $418
Service charges on deposit accounts $1,036
Trading account gains & fees $0
Additional noninterest income $8,229
Total noninterest expense $12,508
Salaries and employee benefits $4,820
Premises and equipment expense $1,122
Additional noninterest expense $6,566
Pre-tax net operating income $7,171
Securities gains (losses) $177
Applicable income taxes $62
Income before extraordinary items $7,286
Extraordinary gains - net $0
Net income attributable to bank $7,286
Net charge-offs $0
Cash dividends $7,286
Sale, conversion, retirement of capital stock, net $503
Net operating income $4,218
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.23%
Cost of funding earning assets 0.72%
Net interest margin 3.51%
Noninterest income to earning assets 3.21%
Noninterest expense to earning assets 4.15%
Net operating income to assets 2.19%
Return on assets (ROA) 2.25%
Pretax return on assets 2.27%
Return on equity (ROE) 24.77%
Retained earnings to average equity (YTD only) 10.43%
Net charge-offs to loans 0.38%
Credit loss provision to net charge-offs 113.32%
Efficiency ratio15.39%
Assets per employee$60,887
Cash dividends to net income (YTD only)3.49%
Condition Ratios (%)
Loss allowance to loans 57.89%
Loss allowance to noncurrent loans 2.03%
Noncurrent assets plus other real estate owned to assets 48.78%
Noncurrent loans to loans 1.94%
Net loans and leases to deposits4.16%
Net loans and leases to core deposits 43.86%
Equity capital to assets 47.80%
Core capital (leverage) ratio 10.06%
Tier 1 risk-based capital ratio 8.51%
Total risk-based capital ratio 16.46%
Memoranda
Average assets$18
Average earning assets$324,041
Average equity $29,412
Average loans $301,425
Back to page top, Back to table top

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$112,944
Number of Accounts1
Personal trust and agency accounts$111,964
Employee benefit-defined contribution accounts$32,601
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$681
Investment management agency accounts$0
Other fiduciary accounts$78,682
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts120
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$681
Employee benefit-defined benefit accounts$0
Other retirement accounts$980
Corporate trust and agency accounts$545
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$435
Back to page top, Back to table top

7 Illinois Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
07884State Bank Of Lincoln508 Broadway, Lincoln, IL 62656January 16, 1904Full Service Brick and Mortar
1227049West Facility818 Woodlawn Rd, Lincoln, IL 62656September 10, 1979Limited Service Facility
26682Cornland BranchMain Street, Cornland, IL 62519January 01, 1920Full Service Brick and Mortar
3265211Lincoln Branch111 North Sangamon Street, Lincoln, IL 62656January 01, 1913Full Service Brick and Mortar
5466301Walmart Facility Branch825 Malerich Drive, Lincoln, IL 62656March 14, 2007Full Service Retail
67683John Warner Bank Branch301 South Side Square, Clinton, IL 61727April 11, 1867Full Service Brick and Mortar
8226330John Warner Bank Iga Branch220 East Van Buren Street, Clinton, IL 61727November 01, 1996Full Service Retail
Back to page top

User Contributions:

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 State Bank of Lincoln.
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.