The First State Bank of Mounds in Mounds, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 27, 1995

  • The First State Bank of Mounds in Mounds, Illinois (IL)
  • Show street view No street view available for this location

The First State Bank of Mounds - Overview

  • General
  • FDIC Certificate #: 10792
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community National Bank (#3813)
    Federal Reserve ID: 386843
    Date Established: January 01, 1906
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 6901
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 27, 1995
    Last Structure Change Process Date: December 07, 1995
    Last Data Update: December 07, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 South Oak Street, Mounds, IL 62964
    County: Pulaski
    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
  • Financial Summary
  • Total assets: $18.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $10Total assets
  • $23,117Cash and due from depository institutions
  • $1,973Interest-bearing balances
  • $876Securities
  • $13,181Federal funds sold & reverse repurchase agreements
  • $3,500Net loans & leases
  • $3,795Loan loss allowance
  • $112Trading account assets
  • $0Bank premises and fixed assets
  • $389Other real estate owned
  • $22Goodwill and other intangibles
  • $257Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $23,117Total liabilities
  • $18,083Total deposits
  • $17,984Interest-bearing deposits
  • $15,013Deposits held in domestic offices
  • 17984.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $54Subordinated debt
  • $0All other liabilities
  • $45Total equity capital
  • $45Total bank equity capital
  • $5,034Perpetual preferred stock
  • $0Common stock
  • $375Surplus
  • $625Undivided profits
  • Memoranda
  • $4,034Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $349Income earned, not collected on loans
  • $87Earning assets
  • $21,352Long-term assets (5+ years)
  • $314Average Assets, year-to-date
  • $23,513Average Assets, quarterly
  • $23,034Volatile liabilities
  • $454Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,034Total risk weighted assets
  • $6,963Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,245Total interest expense
  • $537Net interest income
  • $708Provision for loan and lease losses
  • $27Total noninterest income
  • $175Fiduciary activities
  • $0Service charges on deposit accounts
  • $82Trading account gains & fees
  • $0Additional noninterest income
  • $93Total noninterest expense
  • $746Salaries and employee benefits
  • $291Premises and equipment expense
  • $78Additional noninterest expense
  • $377Pre-tax net operating income
  • $110Securities gains (losses)
  • $3Applicable income taxes
  • -$8Income before extraordinary items
  • $121Extraordinary gains - net
  • $0Net income attributable to bank
  • $121Net charge-offs
  • $17Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 5.71%Cost of funding earning assets
  • 2.46%Net interest margin
  • 3.24%Noninterest income to earning assets
  • 0.80%Noninterest expense to earning assets
  • 3.42%Net operating income to assets
  • 0.50%Return on assets (ROA)
  • 0.51%Pretax return on assets
  • 0.48%Return on equity (ROE)
  • 2.42%Retained earnings to average equity (YTD only)
  • 2.42%Net charge-offs to loans
  • 0.46%Credit loss provision to net charge-offs
  • 158.82%Efficiency ratio
  • 84,485Assets per employee
  • 2.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.87%Loss allowance to noncurrent loans
  • 32.09%Noncurrent assets plus other real estate owned to assets
  • 1.60%Noncurrent loans to loans
  • 8.93%Net loans and leases to deposits
  • 21.10%Net loans and leases to core deposits
  • 21.58%Equity capital to assets
  • 21.78%Core capital (leverage) ratio
  • 21.79%Tier 1 risk-based capital ratio
  • 72.29%Total risk-based capital ratio
  • Memoranda
  • $74Average assets
  • $23,513Average earning assets
  • $4,994Average equity
  • $21,820Average loans

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 State Bank of Mounds.
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.
Table of Contents