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

  • The Bank of Herrin in Herrin, Illinois (IL)
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The Bank of Herrin - Overview

  • General
  • FDIC Certificate #: 11310
    Status: Active
    Federal Reserve ID: 835444
    Bank Holding Company (Regulatory Top Holder): Fgh Bancorp, Inc. (RSSDID: 2527024, Location: Herrin, IL)
    Date Established: April 12, 1904
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 7222
    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: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 02, 2008
    Last Structure Change Process Date: July 13, 2010
    Last Data Update: July 13, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 South Park Avenue, Herrin, IL 62948
    County: Williamson
    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
    Combined Statistical Area (CSA): Carbondale-Marion-Herrin, IL (#166)
    Core Based Statistical Area (CBSA): Marion-Herrin, IL (#32060)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Trust Powers
  • Financial Summary
  • Total assets: $243.0 mil
    Equity capital: $22.7 mil
    Deposits held in domestic offices: $220.1 mil
    Return on assets (ROA): 1.01% ($2.5 mil)
    Quarterly return on assets: 0.06% ($0.1 mil)
    Return on Equity (ROE): 11.87% ($2.7 mil)
    Quarterly return on equity: 0.63% ($0.1 mil)
    Net income: $2.5 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 1.01% ($2,454.6 mil)
    Quarterly Pretax return on assets: 0.06% ($145.8 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, 2011)

  • Dollar figures in thousands
  • 81Total employees (full-time equivalent)
  • $243,028Total assets
  • $26,494Cash and due from depository institutions
  • $15,940Interest-bearing balances
  • $89,501Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $118,194Net loans & leases
  • $1,337Loan loss allowance
  • $0Trading account assets
  • $6,250Bank premises and fixed assets
  • $1,102Other real estate owned
  • $0Goodwill and other intangibles
  • $243,029Life insurance assets
  • $1,487All other assets
  • $220,308Total liabilities and capital
  • $220,052Total liabilities
  • $194,145Total deposits
  • $220,052Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $256Subordinated debt
  • $22,721All other liabilities
  • $22,721Total equity capital
  • $22,721Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $6,174Surplus
  • $16,147Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,584Income earned, not collected on loans
  • $0Earning assets
  • $982Long-term assets (5+ years)
  • $223,635Average Assets, year-to-date
  • $78,136Average Assets, quarterly
  • $242,860Volatile liabilities
  • $244,943Insider loans
  • $138,956FHLB advances
  • $245,359Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $21,007Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,328Restructured Loans and leases
  • $1,016Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,261Total interest income
  • $1,413Total interest expense
  • $8,848Net interest income
  • $820Provision for loan and lease losses
  • $1,145Total noninterest income
  • $471Fiduciary activities
  • $727Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$53Additional noninterest income
  • $7,026Total noninterest expense
  • $3,775Salaries and employee benefits
  • $688Premises and equipment expense
  • $2,563Additional noninterest expense
  • $2,147Pre-tax net operating income
  • $318Securities gains (losses)
  • $0Applicable income taxes
  • $2,465Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,465Net income attributable to bank
  • $0Net charge-offs
  • $2,465Cash dividends
  • $555Sale, conversion, retirement of capital stock, net
  • $1,839Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.56%Yield on earning assets
  • 0.63%Cost of funding earning assets
  • 3.93%Net interest margin
  • 0.51%Noninterest income to earning assets
  • 3.12%Noninterest expense to earning assets
  • 0.88%Net operating income to assets
  • 1.01%Return on assets (ROA)
  • 1.01%Pretax return on assets
  • 11.87%Return on equity (ROE)
  • 3.01%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 147.75%Credit loss provision to net charge-offs
  • 5.35%Efficiency ratio
  • 70,309Assets per employee
  • 3.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 74.60%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 37.30%Noncurrent assets plus other real estate owned to assets
  • 1.93%Noncurrent loans to loans
  • 3.00%Net loans and leases to deposits
  • 53.71%Net loans and leases to core deposits
  • 54.71%Equity capital to assets
  • 9.35%Core capital (leverage) ratio
  • 8.56%Tier 1 risk-based capital ratio
  • 15.12%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $242,860Average earning assets
  • $20,773Average equity
  • $225,122Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $60,673Managed Assets
  • 1Number of Accounts
  • $60,673Personal trust and agency accounts
  • $26,680Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,892Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $32,101Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 91Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 5 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07222The Bank Of Herrin101 South Park Avenue, Herrin, IL 62948April 12, 1904Full Service Brick and Mortar
    2224344Cambria Facility501 S Maple St, Cambria, IL 62915June 11, 1984Limited Service Facility
    4234124Energy FacilityState Route 148 At Ford Street, Energy, IL 62933June 13, 1983Limited Service Facility
    5453305Marion Banking Center Branch102 Comfort Dr, Marion, IL 62959November 15, 2005Full Service Brick and Mortar
    6462310Carterville Facility1001 South Division, Carterville, IL 62918Febuary 09, 2007Full Service Brick and Mortar

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