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

  • State Bank of Whittington in Benton, Illinois (IL)
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State Bank of Whittington - Overview

  • General
  • FDIC Certificate #: 19689
    Status: Active
    Federal Reserve ID: 270148
    Bank Holding Company (Regulatory Top Holder): Whittington Bancorp, Inc. (RSSDID: 1140725, Location: Benton, IL)
    Date Established: August 05, 1919
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 13488
    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: March 16, 1967
    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 North Main Street, Benton, IL 62812
    County: Franklin
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Mount Vernon
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $109.4 mil
    Equity capital: $9.2 mil
    Deposits held in domestic offices: $99.6 mil
    Return on assets (ROA): 1.00% ($1.1 mil)
    Quarterly return on assets: 0.69% ($0.8 mil)
    Return on Equity (ROE): 11.91% ($1.1 mil)
    Quarterly return on equity: 8.15% ($0.7 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.00% ($1,093.7 mil)
    Quarterly Pretax return on assets: 0.69% ($754.7 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
  • 42Total employees (full-time equivalent)
  • $109,374Total assets
  • $9,670Cash and due from depository institutions
  • $7,150Interest-bearing balances
  • $37,159Securities
  • $2,461Federal funds sold & reverse repurchase agreements
  • $53,521Net loans & leases
  • $824Loan loss allowance
  • $0Trading account assets
  • $3,438Bank premises and fixed assets
  • $221Other real estate owned
  • $0Goodwill and other intangibles
  • $109,374Life insurance assets
  • $2,904All other assets
  • $100,163Total liabilities and capital
  • $99,625Total liabilities
  • $75,705Total deposits
  • $99,625Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $538Subordinated debt
  • $9,211All other liabilities
  • $9,211Total equity capital
  • $9,211Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $1,350Surplus
  • $7,711Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,584Income earned, not collected on loans
  • $0Earning assets
  • $606Long-term assets (5+ years)
  • $100,291Average Assets, year-to-date
  • $14,453Average Assets, quarterly
  • $106,258Volatile liabilities
  • $108,796Insider loans
  • $58,706FHLB advances
  • $109,310Loans and leases held for sale
  • $2,064Unused loan commitments
  • $2,064Tier 1 (core) risk-based capital
  • $8,614Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,667Restructured Loans and leases
  • $712Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,627Total interest income
  • $510Total interest expense
  • $4,117Net interest income
  • $240Provision for loan and lease losses
  • $654Total noninterest income
  • $0Fiduciary activities
  • $328Service charges on deposit accounts
  • $0Trading account gains & fees
  • $326Additional noninterest income
  • $3,475Total noninterest expense
  • $1,514Salaries and employee benefits
  • $511Premises and equipment expense
  • $1,450Additional noninterest expense
  • $1,056Pre-tax net operating income
  • $10Securities gains (losses)
  • $0Applicable income taxes
  • $1,066Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,066Net income attributable to bank
  • $0Net charge-offs
  • $1,066Cash dividends
  • $211Sale, conversion, retirement of capital stock, net
  • $650Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.78%Yield on earning assets
  • 0.53%Cost of funding earning assets
  • 4.26%Net interest margin
  • 0.68%Noninterest income to earning assets
  • 3.59%Noninterest expense to earning assets
  • 0.99%Net operating income to assets
  • 1.00%Return on assets (ROA)
  • 1.00%Pretax return on assets
  • 11.91%Return on equity (ROE)
  • 4.65%Retained earnings to average equity (YTD only)
  • 0.39%Net charge-offs to loans
  • 113.74%Credit loss provision to net charge-offs
  • 6.14%Efficiency ratio
  • 72,836Assets per employee
  • 2.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 60.98%Loss allowance to loans
  • 1.52%Loss allowance to noncurrent loans
  • 52.02%Noncurrent assets plus other real estate owned to assets
  • 1.65%Noncurrent loans to loans
  • 2.91%Net loans and leases to deposits
  • 53.72%Net loans and leases to core deposits
  • 56.49%Equity capital to assets
  • 8.42%Core capital (leverage) ratio
  • 7.88%Tier 1 risk-based capital ratio
  • 14.67%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $106,258Average earning assets
  • $8,950Average equity
  • $96,745Average loans

List of branches

  • 4 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013488State Bank Of Whittington200 North Main Street, Benton, IL 62812August 05, 1919Full Service Brick and Mortar
    1249238Whittington Branch100 Main Street, Whittington, IL 62897June 27, 1994Full Service Brick and Mortar
    2249239Sesser Branch700 E Franklin, Sesser, IL 62884October 29, 1998Full Service Brick and Mortar
    3467257Christopher Branch400 West Adelaide, Christopher, IL 62822August 13, 2007Full Service Brick and Mortar

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