Sumner National Bank of Sheldon in Sheldon, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Sumner National Bank of Sheldon - Overview

  • General
  • FDIC Certificate #: 936
    Status: Active
    Federal Reserve ID: 583745
    Date Established: January 01, 1902
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 608
    Numeric code: 3
    Regulator: OCC
    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: No
    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: 198 South Fourth Street, Sheldon, IL 60966
    County: Iroquois
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $16.5 mil
    Equity capital: $1.6 mil
    Deposits held in domestic offices: $14.9 mil
    Return on assets (ROA): 0.32% ($0.1 mil)
    Quarterly return on assets: 0.82% ($0.1 mil)
    Return on Equity (ROE): 3.50% ($0.1 mil)
    Quarterly return on equity: 8.63% ($0.2 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.32% ($52.9 mil)
    Quarterly Pretax return on assets: 0.82% ($135.6 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
  • 8Total employees (full-time equivalent)
  • $16,534Total assets
  • $2,149Cash and due from depository institutions
  • $1,639Interest-bearing balances
  • $3,723Securities
  • $30Federal funds sold & reverse repurchase agreements
  • $10,042Net loans & leases
  • $163Loan loss allowance
  • $0Trading account assets
  • $413Bank premises and fixed assets
  • $23Other real estate owned
  • $0Goodwill and other intangibles
  • $16,534Life insurance assets
  • $154All other assets
  • $14,942Total liabilities and capital
  • $14,932Total liabilities
  • $12,890Total deposits
  • $14,932Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $10Subordinated debt
  • $1,592All other liabilities
  • $1,592Total equity capital
  • $1,592Total bank equity capital
  • $51Perpetual preferred stock
  • $51Common stock
  • $0Surplus
  • $1,490Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $550Income earned, not collected on loans
  • $0Earning assets
  • $89Long-term assets (5+ years)
  • $15,434Average Assets, year-to-date
  • $1,376Average Assets, quarterly
  • $16,880Volatile liabilities
  • $16,502Insider loans
  • $9,031FHLB advances
  • $16,942Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $1,576Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $98Restructured Loans and leases
  • $1,637Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $672Total interest income
  • $78Total interest expense
  • $594Net interest income
  • $17Provision for loan and lease losses
  • $131Total noninterest income
  • $0Fiduciary activities
  • $100Service charges on deposit accounts
  • $0Trading account gains & fees
  • $31Additional noninterest income
  • $654Total noninterest expense
  • $367Salaries and employee benefits
  • $87Premises and equipment expense
  • $200Additional noninterest expense
  • $54Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $54Income before extraordinary items
  • $0Extraordinary gains - net
  • $54Net income attributable to bank
  • $0Net charge-offs
  • $54Cash dividends
  • $24Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.24%Yield on earning assets
  • 0.49%Cost of funding earning assets
  • 3.74%Net interest margin
  • 0.83%Noninterest income to earning assets
  • 4.12%Noninterest expense to earning assets
  • 0.32%Net operating income to assets
  • 0.32%Return on assets (ROA)
  • 0.32%Pretax return on assets
  • 3.50%Return on equity (ROE)
  • 3.50%Retained earnings to average equity (YTD only)
  • 0.24%Net charge-offs to loans
  • 70.83%Credit loss provision to net charge-offs
  • 2.96%Efficiency ratio
  • 90,207Assets per employee
  • 2.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.60%Loss allowance to noncurrent loans
  • 29.64%Noncurrent assets plus other real estate owned to assets
  • 3.47%Noncurrent loans to loans
  • 5.39%Net loans and leases to deposits
  • 67.25%Net loans and leases to core deposits
  • 69.61%Equity capital to assets
  • 9.63%Core capital (leverage) ratio
  • 9.30%Tier 1 risk-based capital ratio
  • 17.45%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $16,880Average earning assets
  • $1,544Average equity
  • $15,862Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0608Sumner National Bank Of Sheldon198 South Fourth Street, Sheldon, IL 60966January 01, 1902Full Service Brick and Mortar
    1458871Watseka Branch698 East Walnut Street, Watseka, IL 60970July 20, 2005Full Service Brick and Mortar

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