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

State Bank of Niantic - Overview

  • General
  • FDIC Certificate #: 932
    Status: Active
    Federal Reserve ID: 784944
    Bank Holding Company (Regulatory Top Holder): Scott Bancshares, Inc. (RSSDID: 1206425, Location: Bethany, IL)
    Date Established: September 11, 1890
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 605
    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: 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
  • Location
  • Address: 200 East Lewis Street, Niantic, IL 62551
    County: Macon
    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
    Metropolitan Statistical Area (MSA): Decatur, IL (#2040)
    Core Based Statistical Area (CBSA): Decatur, IL (#19500)
    CBSA Metro Statistical Area: Decatur, IL (#19500)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $57.1 mil
    Equity capital: $8.3 mil
    Deposits held in domestic offices: $48.6 mil
    Return on assets (ROA): 0.19% ($0.1 mil)
    Quarterly return on assets: 0.31% ($0.2 mil)
    Return on Equity (ROE): 1.37% ($0.1 mil)
    Quarterly return on equity: 2.16% ($0.2 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.19% ($108.4 mil)
    Quarterly Pretax return on assets: 0.31% ($176.9 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
  • 20Total employees (full-time equivalent)
  • $57,063Total assets
  • $9,688Cash and due from depository institutions
  • $8,622Interest-bearing balances
  • $15,140Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $29,294Net loans & leases
  • $978Loan loss allowance
  • $0Trading account assets
  • $2,025Bank premises and fixed assets
  • $200Other real estate owned
  • $0Goodwill and other intangibles
  • $57,063Life insurance assets
  • $716All other assets
  • $48,789Total liabilities and capital
  • $48,580Total liabilities
  • $43,899Total deposits
  • $48,580Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $209Subordinated debt
  • $8,274All other liabilities
  • $8,274Total equity capital
  • $8,274Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $1,530Surplus
  • $6,544Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,188Income earned, not collected on loans
  • $0Earning assets
  • $239Long-term assets (5+ years)
  • $53,056Average Assets, year-to-date
  • $12,837Average Assets, quarterly
  • $59,153Volatile liabilities
  • $58,623Insider loans
  • $33,360FHLB advances
  • $58,520Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,107Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,979Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,554Total interest income
  • $626Total interest expense
  • $1,928Net interest income
  • $275Provision for loan and lease losses
  • $467Total noninterest income
  • $0Fiduciary activities
  • $250Service charges on deposit accounts
  • $0Trading account gains & fees
  • $217Additional noninterest income
  • $2,020Total noninterest expense
  • $940Salaries and employee benefits
  • $458Premises and equipment expense
  • $622Additional noninterest expense
  • $100Pre-tax net operating income
  • $12Securities gains (losses)
  • $1Applicable income taxes
  • $111Income before extraordinary items
  • $0Extraordinary gains - net
  • $111Net income attributable to bank
  • $0Net charge-offs
  • $111Cash dividends
  • $296Sale, conversion, retirement of capital stock, net
  • $60Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.70%Yield on earning assets
  • 1.15%Cost of funding earning assets
  • 3.55%Net interest margin
  • 0.86%Noninterest income to earning assets
  • 3.72%Noninterest expense to earning assets
  • 0.17%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.19%Pretax return on assets
  • 1.37%Return on equity (ROE)
  • 0.63%Retained earnings to average equity (YTD only)
  • 0.91%Net charge-offs to loans
  • 92.91%Credit loss provision to net charge-offs
  • 1.27%Efficiency ratio
  • 84,342Assets per employee
  • 2.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.05%Loss allowance to loans
  • 3.23%Loss allowance to noncurrent loans
  • 82.32%Noncurrent assets plus other real estate owned to assets
  • 2.43%Noncurrent loans to loans
  • 3.92%Net loans and leases to deposits
  • 60.30%Net loans and leases to core deposits
  • 63.70%Equity capital to assets
  • 14.50%Core capital (leverage) ratio
  • 13.85%Tier 1 risk-based capital ratio
  • 24.30%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $59,153Average earning assets
  • $8,113Average equity
  • $54,304Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0605State Bank Of Niantic200 East Lewis Street, Niantic, IL 62551September 11, 1890Full Service Brick and Mortar
    2498618Decatur Branch3950 West Fountain Lane, Decatur, IL 62522November 30, 2009Full Service Brick and Mortar

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