FDIC Certificate #: 3805 Status: Active Federal Reserve ID: 489249 Bank Holding Company (Regulatory Top Holder): South Central Bancorp, Inc. (RSSDID: 3674710, Location: Kimmundy, IL) Date Established: Febuary 02, 1902 WWW:http://www.kinmundybank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 2466 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: Second And Madison Streets, Kinmundy, IL 62854 County: Marion 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 Core Based Statistical Area (CBSA): Centralia, IL (#16460) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $36.7 mil Equity capital: $4.7 mil Deposits held in domestic offices: $31.4 mil Return on assets (ROA): 2.19% ($0.8 mil) Quarterly return on assets: 2.43% ($0.9 mil) Return on Equity (ROE): 17.80% ($0.9 mil) Quarterly return on equity: 19.08% ($1.0 mil) Net income: $0.8 mil Quarterly Net income: $0.2 mil Pretax return on assets: 3.32% ($1,219.6 mil) Quarterly Pretax return on assets: 3.68% ($1,351.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
9Total employees (full-time equivalent)
$36,735Total assets
$2,405Cash and due from depository institutions
$485Interest-bearing balances
$6,462Securities
$0Federal funds sold & reverse repurchase agreements
$25,697Net loans & leases
$189Loan loss allowance
$0Trading account assets
$86Bank premises and fixed assets
$0Other real estate owned
$1,475Goodwill and other intangibles
$36,735Life insurance assets
$610All other assets
$31,992Total liabilities and capital
$31,415Total liabilities
$23,957Total deposits
$31,415Interest-bearing deposits
$95Deposits held in domestic offices
400.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$177Subordinated debt
$4,743All other liabilities
$4,743Total equity capital
$4,743Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$4,167Surplus
$526Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$21Income earned, not collected on loans
$0Earning assets
$249Long-term assets (5+ years)
$32,644Average Assets, year-to-date
$5,432Average Assets, quarterly
$36,261Volatile liabilities
$36,894Insider loans
$22,006FHLB advances
$36,198Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,149Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,196Restructured Loans and leases
$126Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,079Total interest income
$227Total interest expense
$1,852Net interest income
$45Provision for loan and lease losses
$285Total noninterest income
$0Fiduciary activities
$123Service charges on deposit accounts
$0Trading account gains & fees
$162Additional noninterest income
$933Total noninterest expense
$634Salaries and employee benefits
$100Premises and equipment expense
$199Additional noninterest expense
$1,159Pre-tax net operating income
$44Securities gains (losses)
$409Applicable income taxes
$794Income before extraordinary items
$0Extraordinary gains - net
$794Net income attributable to bank
$0Net charge-offs
$794Cash dividends
$7Sale, conversion, retirement of capital stock, net
$280Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.43%Yield on earning assets
0.70%Cost of funding earning assets
5.73%Net interest margin
0.88%Noninterest income to earning assets
2.89%Noninterest expense to earning assets
2.11%Net operating income to assets
2.19%Return on assets (ROA)
3.32%Pretax return on assets
17.80%Return on equity (ROE)
11.52%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
642.86%Credit loss provision to net charge-offs
172.00%Efficiency ratio
43,659Assets per employee
4.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
35.26%Loss allowance to loans
0.73%Loss allowance to noncurrent loans
900.00%Noncurrent assets plus other real estate owned to assets
0.06%Noncurrent loans to loans
0.08%Net loans and leases to deposits
81.80%Net loans and leases to core deposits
84.21%Equity capital to assets
12.91%Core capital (leverage) ratio
8.70%Tier 1 risk-based capital ratio
14.31%Total risk-based capital ratio
Memoranda
$15Average assets
$36,261Average earning assets
$4,461Average equity
$32,313Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2466
The First National Bank Of Kinmundy
Second And Madison Streets, Kinmundy, IL 62854
Febuary 02, 1902
Full Service Brick and Mortar
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 The First National Bank of Kinmundy.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: