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

This bank is inactive as of December 13, 1996

State Bank of Osco in Osco, Illinois (IL)
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State Bank of Osco - Overview

General
FDIC Certificate #: 10877
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Central Bank Illinois (#11670)
Federal Reserve ID: 917948
Date Established: January 28, 1920
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 6959
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 13, 1996
Last Structure Change Process Date: January 16, 1997
Last Data Update: January 16, 1997
Data Source Date: April 05, 2012
Location
Address: Main Street, Osco, IL 61274
County: Henry
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
Metropolitan Statistical Area (MSA): Davenport-Moline-Rock Island, IA-IL (#1960)
Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
Financial Summary
Total assets: $36.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$15Total assets
$37,755Cash and due from depository institutions
$1,194Interest-bearing balances
$0Securities
$11,055Federal funds sold & reverse repurchase agreements
$2,090Net loans & leases
$21,950Loan loss allowance
$350Trading account assets
$0Bank premises and fixed assets
$767Other real estate owned
$0Goodwill and other intangibles
$699Life insurance assets
$0All other assets
$0Total liabilities and capital
$37,755Total liabilities
$35,028Total deposits
$34,776Interest-bearing deposits
$31,814Deposits held in domestic offices
34776.00%% insured (estimated)
$92Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$252Total equity capital
$252Total bank equity capital
$2,727Perpetual preferred stock
$0Common stock
$400Surplus
$1,737Undivided profits
Memoranda
$590Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$40Income earned, not collected on loans
$484Earning assets
$35,095Long-term assets (5+ years)
$2,896Average Assets, year-to-date
$35,598Average Assets, quarterly
$37,336Volatile liabilities
$7,528Insider loans
$410FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,023Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,658Total risk weighted assets
$23,334Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$2,639Total interest expense
$1,523Net interest income
$1,116Provision for loan and lease losses
$452Total noninterest income
$115Fiduciary activities
$0Service charges on deposit accounts
$89Trading account gains & fees
$0Additional noninterest income
$26Total noninterest expense
$941Salaries and employee benefits
$475Premises and equipment expense
$149Additional noninterest expense
$317Pre-tax net operating income
-$162Securities gains (losses)
$0Applicable income taxes
-$56Income before extraordinary items
-$106Extraordinary gains - net
$0Net income attributable to bank
-$106Net charge-offs
$263Cash dividends
$74Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.17%Cost of funding earning assets
4.71%Net interest margin
3.45%Noninterest income to earning assets
0.36%Noninterest expense to earning assets
2.91%Net operating income to assets
-0.30%Return on assets (ROA)
-0.30%Pretax return on assets
-0.46%Return on equity (ROE)
-4.00%Retained earnings to average equity (YTD only)
-6.80%Net charge-offs to loans
1.24%Credit loss provision to net charge-offs
171.86%Efficiency ratio
76,442Assets per employee
2.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
-69.81%Loss allowance to loans
1.57%Loss allowance to noncurrent loans
875.00%Noncurrent assets plus other real estate owned to assets
0.11%Noncurrent loans to loans
0.18%Net loans and leases to deposits
63.12%Net loans and leases to core deposits
80.56%Equity capital to assets
7.22%Core capital (leverage) ratio
6.98%Tier 1 risk-based capital ratio
11.39%Total risk-based capital ratio
Memoranda
$13Average assets
$35,598Average earning assets
$2,649Average equity
$32,319Average loans

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