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- Banks in Illinois (IL)
- Sunstar Bank
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)
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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
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- Banks in Illinois (IL)
- Sunstar Bank
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