Sunstar Bank in Washington, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1999

  • Sunstar Bank in Washington, Illinois (IL)
  • Show street view No street view available for this location

Sunstar Bank - Overview

  • General
  • FDIC Certificate #: 20824
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Morton Community Bank (#18429)
    Federal Reserve ID: 916437
    Date Established: October 02, 1972
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 14385
    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: October 02, 1972
    Last Structure Change Effective Date: April 01, 1999
    Last Structure Change Process Date: May 14, 1999
    Last Data Update: May 14, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 2301 Washington Road, Washington, IL 61571
    County: Tazewell
    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
    Metropolitan Statistical Area (MSA): Peoria-Pekin, IL (#6120)
    Combined Statistical Area (CSA): Peoria-Canton, IL (#426)
    Core Based Statistical Area (CBSA): Peoria, IL (#37900)
    CBSA Metro Statistical Area: Peoria, IL (#37900)
  • Financial Summary
  • Total assets: $29.0 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 13Total employees (full-time equivalent)
  • $29,251Total assets
  • $1,448Cash and due from depository institutions
  • $0Interest-bearing balances
  • $10,841Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $15,992Net loans & leases
  • $157Loan loss allowance
  • $0Trading account assets
  • $581Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $389All other assets
  • $29,251Total liabilities and capital
  • $25,958Total liabilities
  • $24,800Total deposits
  • $21,390Interest-bearing deposits
  • $24,800Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,025Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $133All other liabilities
  • $3,293Total equity capital
  • $3,293Total bank equity capital
  • $3,293Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $2,000Undivided profits
  • Memoranda
  • $1,093Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $432Earning assets
  • $0Long-term assets (5+ years)
  • $156Average Assets, year-to-date
  • $26,833Average Assets, quarterly
  • $9,840Volatile liabilities
  • $28,200Insider loans
  • $29,069FHLB advances
  • $8,607Loans and leases held for sale
  • $198Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $891Total unused commitments
  • $0Restructured Loans and leases
  • $18,426Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $2,106Total interest income
  • $1,006Total interest expense
  • $1,100Net interest income
  • $131Provision for loan and lease losses
  • $125Total noninterest income
  • $0Fiduciary activities
  • $84Service charges on deposit accounts
  • $0Trading account gains & fees
  • $41Additional noninterest income
  • $960Total noninterest expense
  • $549Salaries and employee benefits
  • $118Premises and equipment expense
  • $293Additional noninterest expense
  • $134Pre-tax net operating income
  • -$32Securities gains (losses)
  • -$8Applicable income taxes
  • $110Income before extraordinary items
  • $0Extraordinary gains - net
  • $110Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $51Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.08%Yield on earning assets
  • 3.86%Cost of funding earning assets
  • 4.22%Net interest margin
  • 0.48%Noninterest income to earning assets
  • 3.68%Noninterest expense to earning assets
  • 0.50%Net operating income to assets
  • 0.39%Return on assets (ROA)
  • 0.36%Pretax return on assets
  • 3.38%Return on equity (ROE)
  • 3.38%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 256.86%Credit loss provision to net charge-offs
  • 5.20%Efficiency ratio
  • 78,367Assets per employee
  • 2.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.97%Loss allowance to noncurrent loans
  • 36.34%Noncurrent assets plus other real estate owned to assets
  • 1.48%Noncurrent loans to loans
  • 2.68%Net loans and leases to deposits
  • 64.48%Net loans and leases to core deposits
  • 92.88%Equity capital to assets
  • 11.26%Core capital (leverage) ratio
  • 11.10%Tier 1 risk-based capital ratio
  • 17.59%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $28,200Average earning assets
  • $3,251Average equity
  • $26,066Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Sunstar Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents