FDIC Certificate #: 3837 Status: Active Federal Reserve ID: 246947 Bank Holding Company (Regulatory Top Holder): First Bancorp Of Sparta, Ltd. (RSSDID: 1099421, Location: Sparta, IL) Date Established: October 02, 1885 WWW:http://www.fnbsparta.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 #: 2496 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: Yes Asset Concentration Hierarchy: All Other Specialization < 1 Billion 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: Broadway And Market Streets, Sparta, IL 62286 County: Randolph 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $80.2 mil Equity capital: $8.5 mil Deposits held in domestic offices: $70.4 mil Return on assets (ROA): 0.72% ($0.6 mil) Quarterly return on assets: 0.79% ($0.6 mil) Return on Equity (ROE): 6.85% ($0.5 mil) Quarterly return on equity: 7.57% ($0.6 mil) Net income: $0.6 mil Quarterly Net income: $0.2 mil Pretax return on assets: 0.72% ($577.4 mil) Quarterly Pretax return on assets: 0.80% ($641.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
21Total employees (full-time equivalent)
$80,194Total assets
$2,933Cash and due from depository institutions
$590Interest-bearing balances
$35,281Securities
$722Federal funds sold & reverse repurchase agreements
$36,451Net loans & leases
$439Loan loss allowance
$0Trading account assets
$1,303Bank premises and fixed assets
$420Other real estate owned
$0Goodwill and other intangibles
$80,194Life insurance assets
$3,084All other assets
$71,726Total liabilities and capital
$70,441Total liabilities
$62,281Total deposits
$70,441Interest-bearing deposits
$86Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$213Trading liabilities
$0Other borrowed funds
$1,072Subordinated debt
$8,468All other liabilities
$8,468Total equity capital
$8,468Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$300Surplus
$8,068Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$436Income earned, not collected on loans
$0Earning assets
$398Long-term assets (5+ years)
$73,044Average Assets, year-to-date
$20,001Average Assets, quarterly
$80,250Volatile liabilities
$82,134Insider loans
$38,579FHLB advances
$80,644Loans and leases held for sale
$2,195Unused loan commitments
$2,195Tier 1 (core) risk-based capital
$8,025Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,325Restructured Loans and leases
$418Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,153Total interest income
$563Total interest expense
$2,590Net interest income
$152Provision for loan and lease losses
$445Total noninterest income
$0Fiduciary activities
$132Service charges on deposit accounts
$0Trading account gains & fees
$313Additional noninterest income
$2,296Total noninterest expense
$1,297Salaries and employee benefits
$276Premises and equipment expense
$723Additional noninterest expense
$587Pre-tax net operating income
-$8Securities gains (losses)
$5Applicable income taxes
$574Income before extraordinary items
$0Extraordinary gains - net
$574Net income attributable to bank
$0Net charge-offs
$574Cash dividends
$152Sale, conversion, retirement of capital stock, net
$421Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.28%Yield on earning assets
0.76%Cost of funding earning assets
3.52%Net interest margin
0.60%Noninterest income to earning assets
3.12%Noninterest expense to earning assets
0.73%Net operating income to assets
0.72%Return on assets (ROA)
0.72%Pretax return on assets
6.85%Return on equity (ROE)
1.83%Retained earnings to average equity (YTD only)
0.41%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
4.86%Efficiency ratio
75,651Assets per employee
3.82%Cash dividends to net income (YTD only)
Condition Ratios (%)
73.34%Loss allowance to loans
1.19%Loss allowance to noncurrent loans
100.69%Noncurrent assets plus other real estate owned to assets
1.07%Noncurrent loans to loans
1.18%Net loans and leases to deposits
51.75%Net loans and leases to core deposits
52.40%Equity capital to assets
10.56%Core capital (leverage) ratio
9.95%Tier 1 risk-based capital ratio
20.80%Total risk-based capital ratio
Memoranda
$22Average assets
$80,250Average earning assets
$8,377Average equity
$73,604Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2496
The First National Bank Of Sparta
Broadway And Market Streets, Sparta, IL 62286
October 02, 1885
Full Service Brick and Mortar
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