The Bank in Charleston, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 08, 2007

The Bank in Charleston, Illinois (IL)
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The Bank - Overview

General
FDIC Certificate #: 21164
Status: Inactive
Closing history: Absorption - Without Assistance
Acquiring institution: Prairie State Bank and Trust (#27362)
Federal Reserve ID: 437231
Date Established: July 19, 1973
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
OTS Docket #: 15350
FDIC's unique #: 14632
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: July 19, 1973
Last Structure Change Effective Date: December 08, 2007
Last Structure Change Process Date: January 08, 2008
Last Data Update: January 08, 2008
Data Source Date: April 05, 2012
Location
Address: 621 West Lincoln Street, Charleston, IL 61920
County: Coles
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
Core Based Statistical Area (CBSA): Charleston-Mattoon, IL (#16660)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $115.8 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, 2006)

Dollar figures in thousands
35Total employees (full-time equivalent)
$110,019Total assets
$3,966Cash and due from depository institutions
$16Interest-bearing balances
$20,938Securities
$7,125Federal funds sold & reverse repurchase agreements
$75,494Net loans & leases
$585Loan loss allowance
$0Trading account assets
$1,326Bank premises and fixed assets
$34Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,136All other assets
$110,019Total liabilities and capital
$99,800Total liabilities
$97,932Total deposits
$90,279Interest-bearing deposits
$97,932Deposits held in domestic offices
0.00%% insured (estimated)
$1,529Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$339All other liabilities
$10,219Total equity capital
$10,219Total bank equity capital
$10,219Perpetual preferred stock
$0Common stock
$347Surplus
$1,967Undivided profits
Memoranda
$7,905Noncurrent loans and leases
$7,071Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$340Earning assets
$0Long-term assets (5+ years)
$686Average Assets, year-to-date
$103,573Average Assets, quarterly
$15,262Volatile liabilities
$106,497Insider loans
$107,963FHLB advances
$13,190Loans and leases held for sale
$1,285Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,071Total unused commitments
$0Restructured Loans and leases
$585Derivatives

Income and Expense (December 31, 2006)

Dollar figures in thousands
$6,015Total interest income
$2,857Total interest expense
$3,158Net interest income
$102Provision for loan and lease losses
$699Total noninterest income
$2Fiduciary activities
$412Service charges on deposit accounts
$0Trading account gains & fees
$285Additional noninterest income
$2,317Total noninterest expense
$1,395Salaries and employee benefits
$181Premises and equipment expense
$741Additional noninterest expense
$1,438Pre-tax net operating income
$0Securities gains (losses)
$13Applicable income taxes
$1,425Income before extraordinary items
$0Extraordinary gains - net
$1,425Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$102Sale, conversion, retirement of capital stock, net
$880Net operating income

Performance and Condition Ratios (December 31, 2006)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.01%Yield on earning assets
2.85%Cost of funding earning assets
3.16%Net interest margin
0.70%Noninterest income to earning assets
2.31%Noninterest expense to earning assets
1.34%Net operating income to assets
1.34%Return on assets (ROA)
1.35%Pretax return on assets
14.43%Return on equity (ROE)
5.52%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
15.10%Efficiency ratio
60,073Assets per employee
3.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.75%Loss allowance to loans
0.77%Loss allowance to noncurrent loans
172.06%Noncurrent assets plus other real estate owned to assets
0.34%Noncurrent loans to loans
0.45%Net loans and leases to deposits
77.09%Net loans and leases to core deposits
87.51%Equity capital to assets
9.29%Core capital (leverage) ratio
9.46%Tier 1 risk-based capital ratio
13.95%Total risk-based capital ratio
Memoranda
$15Average assets
$106,497Average earning assets
$9,873Average equity
$100,087Average loans

Total Fiduciary and Related Assets (December 31, 2006)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$2,619Managed Assets
1Number of Accounts
$20Personal trust and agency accounts
$20Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
40Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$2,599Other retirement accounts
$132Corporate trust and agency accounts
$0Other fiduciary accounts
$2,467Fiduciary accounts held in foreign offices

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