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

The Iuka State Bank - Overview

  • General
  • FDIC Certificate #: 11317
    Status: Active
    Federal Reserve ID: 233442
    Bank Holding Company (Regulatory Top Holder): Iuka Bancshares Inc (RSSDID: 3217180, Location: Iuka, IL)
    Date Established: December 10, 1910
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 7227
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    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: 303 North Main, Iuka, IL 62849
    County: Marion
    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
    Core Based Statistical Area (CBSA): Centralia, IL (#16460)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $30.1 mil
    Equity capital: $2.9 mil
    Deposits held in domestic offices: $27.1 mil
    Return on assets (ROA): 0.39% ($0.1 mil)
    Quarterly return on assets: 0.86% ($0.3 mil)
    Return on Equity (ROE): 3.51% ($0.1 mil)
    Quarterly return on equity: 8.67% ($0.3 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.41% ($123.3 mil)
    Quarterly Pretax return on assets: 0.92% ($276.8 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
  • 11Total employees (full-time equivalent)
  • $30,084Total assets
  • $5,185Cash and due from depository institutions
  • $700Interest-bearing balances
  • $3,120Securities
  • $1,175Federal funds sold & reverse repurchase agreements
  • $20,203Net loans & leases
  • $322Loan loss allowance
  • $0Trading account assets
  • $100Bank premises and fixed assets
  • $45Other real estate owned
  • $0Goodwill and other intangibles
  • $30,084Life insurance assets
  • $256All other assets
  • $27,202Total liabilities and capital
  • $27,125Total liabilities
  • $23,697Total deposits
  • $27,125Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $77Subordinated debt
  • $2,882All other liabilities
  • $2,882Total equity capital
  • $2,882Total bank equity capital
  • $0Perpetual preferred stock
  • $80Common stock
  • $430Surplus
  • $2,372Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $97Income earned, not collected on loans
  • $0Earning assets
  • $154Long-term assets (5+ years)
  • $25,198Average Assets, year-to-date
  • $2,466Average Assets, quarterly
  • $25,325Volatile liabilities
  • $28,684Insider loans
  • $19,640FHLB advances
  • $28,134Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,822Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,563Restructured Loans and leases
  • $463Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,258Total interest income
  • $302Total interest expense
  • $956Net interest income
  • $78Provision for loan and lease losses
  • $99Total noninterest income
  • $0Fiduciary activities
  • $60Service charges on deposit accounts
  • $0Trading account gains & fees
  • $39Additional noninterest income
  • $894Total noninterest expense
  • $463Salaries and employee benefits
  • $92Premises and equipment expense
  • $339Additional noninterest expense
  • $83Pre-tax net operating income
  • $22Securities gains (losses)
  • $7Applicable income taxes
  • $98Income before extraordinary items
  • $0Extraordinary gains - net
  • $98Net income attributable to bank
  • $0Net charge-offs
  • $98Cash dividends
  • $73Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.39%Yield on earning assets
  • 1.29%Cost of funding earning assets
  • 4.10%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 3.83%Noninterest expense to earning assets
  • 0.31%Net operating income to assets
  • 0.39%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 3.51%Return on equity (ROE)
  • 3.51%Retained earnings to average equity (YTD only)
  • 0.41%Net charge-offs to loans
  • 106.85%Credit loss provision to net charge-offs
  • 2.21%Efficiency ratio
  • 84,739Assets per employee
  • 2.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.57%Loss allowance to noncurrent loans
  • 331.96%Noncurrent assets plus other real estate owned to assets
  • 0.47%Noncurrent loans to loans
  • 0.47%Net loans and leases to deposits
  • 74.48%Net loans and leases to core deposits
  • 80.28%Equity capital to assets
  • 9.58%Core capital (leverage) ratio
  • 10.03%Tier 1 risk-based capital ratio
  • 14.37%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $25,325Average earning assets
  • $2,794Average equity
  • $23,330Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07227The Iuka State Bank303 North Main, Iuka, IL 62849December 10, 1910Full Service Brick and Mortar
    1515534Salem Il Branch420 East Main Street, Salem, IL 62881January 03, 2011Full Service Brick and Mortar

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