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

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

  • General
  • FDIC Certificate #: 15565
    Status: Active
    Federal Reserve ID: 382649
    Bank Holding Company (Regulatory Top Holder): Midwest Community Bancshares, Inc. (RSSDID: 2603450, Location: Marion, IL)
    Date Established: December 15, 1937
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Domestic: 9, Interstate: No)
    FDIC's unique #: 9857
    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: December 15, 1937
    Last Structure Change Effective Date: October 01, 2006
    Last Structure Change Process Date: November 08, 2006
    Last Data Update: November 08, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 Tower Square, Marion, IL 62959
    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
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $330.2 mil
    Equity capital: $39.4 mil
    Deposits held in domestic offices: $261.5 mil
    Return on assets (ROA): 1.96% ($6.5 mil)
    Quarterly return on assets: 2.07% ($6.8 mil)
    Return on Equity (ROE): 17.33% ($6.8 mil)
    Quarterly return on equity: 17.77% ($6.9 mil)
    Net income: $6.4 mil
    Quarterly Net income: $1.7 mil
    Pretax return on assets: 1.98% ($6,537.2 mil)
    Quarterly Pretax return on assets: 2.09% ($6,900.4 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
  • 91Total employees (full-time equivalent)
  • $330,164Total assets
  • $5,376Cash and due from depository institutions
  • $5Interest-bearing balances
  • $123,942Securities
  • $2,436Federal funds sold & reverse repurchase agreements
  • $184,769Net loans & leases
  • $1,712Loan loss allowance
  • $0Trading account assets
  • $4,482Bank premises and fixed assets
  • $43Other real estate owned
  • $1,663Goodwill and other intangibles
  • $330,164Life insurance assets
  • $7,453All other assets
  • $290,747Total liabilities and capital
  • $261,483Total liabilities
  • $256,000Total deposits
  • $261,483Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 25898.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,500Trading liabilities
  • $0Other borrowed funds
  • $866Subordinated debt
  • $39,417All other liabilities
  • $39,417Total equity capital
  • $39,417Total bank equity capital
  • $0Perpetual preferred stock
  • $2,000Common stock
  • $12,476Surplus
  • $24,941Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,754Income earned, not collected on loans
  • $0Earning assets
  • $1,343Long-term assets (5+ years)
  • $311,152Average Assets, year-to-date
  • $133,144Average Assets, quarterly
  • $327,495Volatile liabilities
  • $333,209Insider loans
  • $222,428FHLB advances
  • $334,831Loans and leases held for sale
  • $1,032Unused loan commitments
  • $1,032Tier 1 (core) risk-based capital
  • $35,969Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $29,934Restructured Loans and leases
  • $209Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,692Total interest income
  • $2,200Total interest expense
  • $11,492Net interest income
  • $168Provision for loan and lease losses
  • $1,993Total noninterest income
  • $0Fiduciary activities
  • $907Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,086Additional noninterest income
  • $7,057Total noninterest expense
  • $3,989Salaries and employee benefits
  • $901Premises and equipment expense
  • $2,167Additional noninterest expense
  • $6,260Pre-tax net operating income
  • $227Securities gains (losses)
  • $63Applicable income taxes
  • $6,424Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,424Net income attributable to bank
  • $0Net charge-offs
  • $6,424Cash dividends
  • $42Sale, conversion, retirement of capital stock, net
  • $3,489Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.44%Yield on earning assets
  • 0.71%Cost of funding earning assets
  • 3.73%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 2.29%Noninterest expense to earning assets
  • 1.89%Net operating income to assets
  • 1.96%Return on assets (ROA)
  • 1.98%Pretax return on assets
  • 17.33%Return on equity (ROE)
  • 7.92%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 400.00%Credit loss provision to net charge-offs
  • 153.05%Efficiency ratio
  • 51,991Assets per employee
  • 3.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.31%Loss allowance to loans
  • 0.92%Loss allowance to noncurrent loans
  • 62.16%Noncurrent assets plus other real estate owned to assets
  • 0.85%Noncurrent loans to loans
  • 1.48%Net loans and leases to deposits
  • 70.66%Net loans and leases to core deposits
  • 75.32%Equity capital to assets
  • 11.94%Core capital (leverage) ratio
  • 10.74%Tier 1 risk-based capital ratio
  • 16.17%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $327,495Average earning assets
  • $37,078Average equity
  • $308,442Average loans

List of branches

  • 9 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09857The Bank Of Marion300 Tower Square, Marion, IL 62959December 15, 1937Full Service Brick and Mortar
    1234551Court Branch409 North Court Street, Marion, IL 62959November 12, 1968Limited Service Facility
    2234552Carbon Branch801 North Carbon Street, Marion, IL 62959August 09, 1977Full Service Brick and Mortar
    3234553Illinois Centre Mall Branch1303 Marathon Drive, Marion, IL 62959Febuary 01, 1994Full Service Brick and Mortar
    4429692Airport Business Center Branch102 Airway Drive, Marion, IL 62959May 03, 2004Full Service Brick and Mortar
    611116Carrier Mills Facility2 South Main Street, Carrier Mills, IL 62917December 01, 1951Full Service Brick and Mortar
    8221798Creal Springs Facility201 W. Blue Avenue, Creal Springs, IL 62922April 10, 1993Full Service Brick and Mortar
    9455067Marion Mobile Branch300 Tower Square, Marion, IL 62959September 06, 2006Limited Service Mobile
    10694C.P. Burnett & Sons, Bankers Bank Branch1023 Fourth Street, Eldorado, IL 62930January 01, 1921Full Service Brick and Mortar

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