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

This bank is inactive as of July 02, 2009

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

The First State Bank of Winchester, Illinois - Overview

  • General
  • FDIC Certificate #: 11710
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: The First National Bank of Beardstown (#3607)
    Federal Reserve ID: 152048
    Date Established: November 12, 1867
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 7487
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 02, 2009
    Last Structure Change Process Date: July 06, 2009
    Last Data Update: July 06, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Winchester, IL 62694
    County: Scott
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Springfield Il
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Jacksonville, IL (#27300)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $30.1 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, 2008)

  • Dollar figures in thousands
  • 15Total employees (full-time equivalent)
  • $35,709Total assets
  • $1,262Cash and due from depository institutions
  • $11Interest-bearing balances
  • $10,111Securities
  • $2,306Federal funds sold & reverse repurchase agreements
  • $20,975Net loans & leases
  • $270Loan loss allowance
  • $0Trading account assets
  • $477Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $578All other assets
  • $35,709Total liabilities and capital
  • $34,232Total liabilities
  • $34,164Total deposits
  • $29,284Interest-bearing deposits
  • $34,164Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $68All other liabilities
  • $1,477Total equity capital
  • $1,477Total bank equity capital
  • $1,477Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $1,700Undivided profits
  • Memoranda
  • $-423Noncurrent loans and leases
  • $2,080Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $222Earning assets
  • $0Long-term assets (5+ years)
  • $254Average Assets, year-to-date
  • $33,403Average Assets, quarterly
  • $6,128Volatile liabilities
  • $36,188Insider loans
  • $34,823FHLB advances
  • $5,064Loans and leases held for sale
  • $1,419Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,080Total unused commitments
  • $659Restructured Loans and leases
  • $270Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $2,021Total interest income
  • $713Total interest expense
  • $1,308Net interest income
  • $210Provision for loan and lease losses
  • $317Total noninterest income
  • $0Fiduciary activities
  • $158Service charges on deposit accounts
  • $0Trading account gains & fees
  • $159Additional noninterest income
  • $1,268Total noninterest expense
  • $598Salaries and employee benefits
  • $172Premises and equipment expense
  • $498Additional noninterest expense
  • $147Pre-tax net operating income
  • -$467Securities gains (losses)
  • $0Applicable income taxes
  • -$320Income before extraordinary items
  • $0Extraordinary gains - net
  • -$320Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $212Sale, conversion, retirement of capital stock, net
  • $55Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.93%Yield on earning assets
  • 2.09%Cost of funding earning assets
  • 3.84%Net interest margin
  • 0.93%Noninterest income to earning assets
  • 3.72%Noninterest expense to earning assets
  • 0.41%Net operating income to assets
  • -0.88%Return on assets (ROA)
  • -0.88%Pretax return on assets
  • -18.10%Return on equity (ROE)
  • -21.21%Retained earnings to average equity (YTD only)
  • 1.02%Net charge-offs to loans
  • 99.06%Credit loss provision to net charge-offs
  • 1.68%Efficiency ratio
  • 78,031Assets per employee
  • 2.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -17.19%Loss allowance to loans
  • 1.27%Loss allowance to noncurrent loans
  • 121.62%Noncurrent assets plus other real estate owned to assets
  • 2.91%Noncurrent loans to loans
  • 1.04%Net loans and leases to deposits
  • 61.40%Net loans and leases to core deposits
  • 72.08%Equity capital to assets
  • 4.14%Core capital (leverage) ratio
  • 5.53%Tier 1 risk-based capital ratio
  • 8.19%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $36,188Average earning assets
  • $1,768Average equity
  • $34,085Average 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 Winchester, Illinois.
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