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


The Harvard State Bank - Overview

  • General
  • FDIC Certificate #: 9079
    Status: Active
    Federal Reserve ID: 800134
    Bank Holding Company (Regulatory Top Holder): Harvard Bancshares, Inc. (RSSDID: 1209604, Location: Harvard, IL)
    Date Established: August 01, 1866
    WWW: http://www.webhsb.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 14315
    FDIC's unique #: 5812
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    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: 33-35 North Ayer Street, Harvard, IL 60033
    County: Mchenry
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Chicago
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Chicago, IL (#1600)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Chicago-Joliet-Naperville, IL (#16974)
  • History of Changes
  • Participated in FDIC Assisted Absorption/Consolidation/Merger
    Corrections
  • Financial Summary
  • Total assets: $239.5 mil
    Equity capital: $24.8 mil
    Deposits held in domestic offices: $211.2 mil
    Return on assets (ROA): 0.44% ($1.1 mil)
    Quarterly return on assets: -0.94% (-$2.2 mil)
    Return on Equity (ROE): 4.34% ($1.1 mil)
    Quarterly return on equity: -9.09% (-$2.3 mil)
    Net income: $1.1 mil
    Quarterly Net income: -$0.6 mil
    Pretax return on assets: 0.44% ($1,053.8 mil)
    Quarterly Pretax return on assets: -0.92% (-$2,203.4 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
  • 82Total employees (full-time equivalent)
  • $239,496Total assets
  • $4,555Cash and due from depository institutions
  • $53Interest-bearing balances
  • $65,113Securities
  • $444Federal funds sold & reverse repurchase agreements
  • $148,267Net loans & leases
  • $2,995Loan loss allowance
  • $0Trading account assets
  • $5,208Bank premises and fixed assets
  • $1,655Other real estate owned
  • $3,156Goodwill and other intangibles
  • $239,496Life insurance assets
  • $11,098All other assets
  • $214,720Total liabilities and capital
  • $211,165Total liabilities
  • $180,582Total deposits
  • $211,165Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $1,555Subordinated debt
  • $24,776All other liabilities
  • $24,776Total equity capital
  • $24,776Total bank equity capital
  • $0Perpetual preferred stock
  • $1,170Common stock
  • $8,278Surplus
  • $15,328Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $156Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,486Income earned, not collected on loans
  • $0Earning assets
  • $1,044Long-term assets (5+ years)
  • $213,877Average Assets, year-to-date
  • $61,254Average Assets, quarterly
  • $242,167Volatile liabilities
  • $243,094Insider loans
  • $160,485FHLB advances
  • $239,570Loans and leases held for sale
  • $4,675Unused loan commitments
  • $4,675Tier 1 (core) risk-based capital
  • $19,528Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,263Restructured Loans and leases
  • $1,673Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,605Total interest income
  • $2,011Total interest expense
  • $9,594Net interest income
  • $3,260Provision for loan and lease losses
  • $2,382Total noninterest income
  • $250Fiduciary activities
  • $456Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,676Additional noninterest income
  • $7,644Total noninterest expense
  • $3,921Salaries and employee benefits
  • $1,009Premises and equipment expense
  • $2,714Additional noninterest expense
  • $1,072Pre-tax net operating income
  • -$5Securities gains (losses)
  • $7Applicable income taxes
  • $1,060Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,060Net income attributable to bank
  • $0Net charge-offs
  • $1,060Cash dividends
  • $1,809Sale, conversion, retirement of capital stock, net
  • $1,156Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.36%Yield on earning assets
  • 0.93%Cost of funding earning assets
  • 4.43%Net interest margin
  • 1.10%Noninterest income to earning assets
  • 3.53%Noninterest expense to earning assets
  • 0.44%Net operating income to assets
  • 0.44%Return on assets (ROA)
  • 0.44%Pretax return on assets
  • 4.34%Return on equity (ROE)
  • -0.39%Retained earnings to average equity (YTD only)
  • 1.19%Net charge-offs to loans
  • 180.21%Credit loss provision to net charge-offs
  • 2.39%Efficiency ratio
  • 62,567Assets per employee
  • 2.92%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 109.06%Loss allowance to loans
  • 1.98%Loss allowance to noncurrent loans
  • 40.01%Noncurrent assets plus other real estate owned to assets
  • 3.82%Noncurrent loans to loans
  • 4.95%Net loans and leases to deposits
  • 70.21%Net loans and leases to core deposits
  • 77.70%Equity capital to assets
  • 10.35%Core capital (leverage) ratio
  • 8.15%Tier 1 risk-based capital ratio
  • 12.17%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $242,167Average earning assets
  • $24,396Average equity
  • $216,587Average 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
  • $36,392Managed Assets
  • 1Number of Accounts
  • $11,363Personal trust and agency accounts
  • $3,379Employee benefit-defined contribution accounts
  • $5,608Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $310Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $2,066Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 275Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $25,029Other retirement accounts
  • $7,483Corporate trust and agency accounts
  • $120Other fiduciary accounts
  • $6,755Fiduciary accounts held in foreign offices

List of branches

  • 7 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05812The Harvard State Bank33-35 North Ayer Street, Harvard, IL 60033August 01, 1866Full Service Brick and Mortar
    1219390Division Street Branch1265 South Division Street, Harvard, IL 60033December 28, 1995Full Service Retail
    26161Hebron State Branch9605 Main Street, Hebron, IL 60034May 22, 1920Full Service Brick and Mortar
    39643Rock River Bank Branch101 South Fourth Street, Oregon, IL 61061November 18, 1935Full Service Brick and Mortar
    4233644Fifth Street FacilityWashington And Fifth Streets, Oregon, IL 61061December 03, 1973Limited Service Facility
    5233645M & M Pines Road1000 Pines Road, Oregon, IL 61061Febuary 01, 1997Limited Service Facility
    6233647East Rockford Branch2470 East Rock Drive, Rockford, IL 61108March 16, 1998Full Service Brick and Mortar

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