The Gerber State Bank in Argenta, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Gerber State Bank - Overview

  • General
  • FDIC Certificate #: 899
    Status: Active
    Federal Reserve ID: 663638
    Bank Holding Company (Regulatory Top Holder): Gerber Bancshares, Inc. (RSSDID: 3420702, Location: Argenta, IL)
    Date Established: January 01, 1887
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 577
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 09, 2007
    Last Structure Change Process Date: January 09, 2007
    Last Data Update: January 09, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 110 East Elm Street, Argenta, IL 62501
    County: Macon
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Champaign
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Decatur, IL (#2040)
    Core Based Statistical Area (CBSA): Decatur, IL (#19500)
    CBSA Metro Statistical Area: Decatur, IL (#19500)
  • Financial Summary
  • Total assets: $70.0 mil
    Equity capital: $7.5 mil
    Deposits held in domestic offices: $62.0 mil
    Return on assets (ROA): 0.63% ($0.4 mil)
    Quarterly return on assets: 0.74% ($0.5 mil)
    Return on Equity (ROE): 5.81% ($0.5 mil)
    Quarterly return on equity: 6.89% ($0.6 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.77% ($538.8 mil)
    Quarterly Pretax return on assets: 0.97% ($678.8 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
  • 18Total employees (full-time equivalent)
  • $69,977Total assets
  • $3,443Cash and due from depository institutions
  • $2,145Interest-bearing balances
  • $39,108Securities
  • $40Federal funds sold & reverse repurchase agreements
  • $26,177Net loans & leases
  • $214Loan loss allowance
  • $0Trading account assets
  • $256Bank premises and fixed assets
  • $90Other real estate owned
  • $0Goodwill and other intangibles
  • $69,977Life insurance assets
  • $863All other assets
  • $62,461Total liabilities and capital
  • $61,955Total liabilities
  • $56,968Total deposits
  • $61,955Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $506Subordinated debt
  • $7,516All other liabilities
  • $7,516Total equity capital
  • $7,516Total bank equity capital
  • $0Perpetual preferred stock
  • $1,191Common stock
  • $1,509Surplus
  • $4,816Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $890Income earned, not collected on loans
  • $0Earning assets
  • $639Long-term assets (5+ years)
  • $67,470Average Assets, year-to-date
  • $16,018Average Assets, quarterly
  • $67,681Volatile liabilities
  • $69,484Insider loans
  • $34,772FHLB advances
  • $71,732Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,046Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,572Restructured Loans and leases
  • $435Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,390Total interest income
  • $547Total interest expense
  • $1,843Net interest income
  • $67Provision for loan and lease losses
  • $204Total noninterest income
  • $101Fiduciary activities
  • $75Service charges on deposit accounts
  • $0Trading account gains & fees
  • $28Additional noninterest income
  • $1,462Total noninterest expense
  • $942Salaries and employee benefits
  • $125Premises and equipment expense
  • $395Additional noninterest expense
  • $518Pre-tax net operating income
  • $0Securities gains (losses)
  • $93Applicable income taxes
  • $425Income before extraordinary items
  • $0Extraordinary gains - net
  • $425Net income attributable to bank
  • $0Net charge-offs
  • $425Cash dividends
  • $43Sale, conversion, retirement of capital stock, net
  • $238Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.65%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 2.81%Net interest margin
  • 0.31%Noninterest income to earning assets
  • 2.23%Noninterest expense to earning assets
  • 0.63%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.77%Pretax return on assets
  • 5.81%Return on equity (ROE)
  • 2.56%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 155.81%Credit loss provision to net charge-offs
  • 13.60%Efficiency ratio
  • 71,422Assets per employee
  • 3.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 56.00%Loss allowance to loans
  • 0.81%Loss allowance to noncurrent loans
  • 24.04%Noncurrent assets plus other real estate owned to assets
  • 1.40%Noncurrent loans to loans
  • 3.37%Net loans and leases to deposits
  • 42.25%Net loans and leases to core deposits
  • 42.25%Equity capital to assets
  • 10.74%Core capital (leverage) ratio
  • 9.82%Tier 1 risk-based capital ratio
  • 20.26%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $67,681Average earning assets
  • $7,310Average equity
  • $65,561Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $39,874Managed Assets
  • 1Number of Accounts
  • $39,874Personal trust and agency accounts
  • $39,874Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 35Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0577The Gerber State Bank110 East Elm Street, Argenta, IL 62501January 01, 1887Full Service Brick and Mortar
    1362315Oreana Branch102 North State Route 48, Oreana, IL 62554October 22, 2001Full Service Brick and Mortar

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