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

The Poplar Grove State Bank - Overview

  • General
  • FDIC Certificate #: 16483
    Status: Active
    Federal Reserve ID: 808448
    Date Established: September 14, 1946
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 12976
    FDIC's unique #: 10646
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: September 14, 1946
    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: 109 North State Street, Poplar Grove, IL 61065
    County: Boone
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Rockford, IL (#6880)
    Combined Statistical Area (CSA): Rockford-Freeport-Rochelle, IL (#466)
    Core Based Statistical Area (CBSA): Rockford, IL (#40420)
    CBSA Metro Statistical Area: Rockford, IL (#40420)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $74.5 mil
    Equity capital: $16.6 mil
    Deposits held in domestic offices: $57.0 mil
    Return on assets (ROA): 1.54% ($1.2 mil)
    Quarterly return on assets: 0.30% ($0.2 mil)
    Return on Equity (ROE): 7.28% ($1.2 mil)
    Quarterly return on equity: 1.35% ($0.2 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.56% ($1,162.3 mil)
    Quarterly Pretax return on assets: 0.38% ($283.1 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, 2011)

  • Dollar figures in thousands
  • 12Total employees (full-time equivalent)
  • $74,507Total assets
  • $2,731Cash and due from depository institutions
  • $755Interest-bearing balances
  • $32,278Securities
  • $3,015Federal funds sold & reverse repurchase agreements
  • $32,194Net loans & leases
  • $392Loan loss allowance
  • $0Trading account assets
  • $822Bank premises and fixed assets
  • $1,164Other real estate owned
  • $66Goodwill and other intangibles
  • $74,507Life insurance assets
  • $2,237All other assets
  • $57,943Total liabilities and capital
  • $56,961Total liabilities
  • $48,859Total deposits
  • $56,961Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $500Trading liabilities
  • $0Other borrowed funds
  • $482Subordinated debt
  • $16,564All other liabilities
  • $16,564Total equity capital
  • $16,564Total bank equity capital
  • $0Perpetual preferred stock
  • $240Common stock
  • $2,200Surplus
  • $14,124Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $951Income earned, not collected on loans
  • $0Earning assets
  • $510Long-term assets (5+ years)
  • $68,242Average Assets, year-to-date
  • $17,254Average Assets, quarterly
  • $74,906Volatile liabilities
  • $74,688Insider loans
  • $41,134FHLB advances
  • $75,969Loans and leases held for sale
  • $1,405Unused loan commitments
  • $1,405Tier 1 (core) risk-based capital
  • $15,605Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,016Restructured Loans and leases
  • $1Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,989Total interest income
  • $336Total interest expense
  • $2,653Net interest income
  • $447Provision for loan and lease losses
  • $413Total noninterest income
  • $0Fiduciary activities
  • $106Service charges on deposit accounts
  • $0Trading account gains & fees
  • $307Additional noninterest income
  • $1,487Total noninterest expense
  • $822Salaries and employee benefits
  • $202Premises and equipment expense
  • $463Additional noninterest expense
  • $1,132Pre-tax net operating income
  • $38Securities gains (losses)
  • $15Applicable income taxes
  • $1,155Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,155Net income attributable to bank
  • $0Net charge-offs
  • $1,155Cash dividends
  • $491Sale, conversion, retirement of capital stock, net
  • $384Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.32%Yield on earning assets
  • 0.49%Cost of funding earning assets
  • 3.84%Net interest margin
  • 0.60%Noninterest income to earning assets
  • 2.15%Noninterest expense to earning assets
  • 1.49%Net operating income to assets
  • 1.54%Return on assets (ROA)
  • 1.56%Pretax return on assets
  • 7.28%Return on equity (ROE)
  • 4.86%Retained earnings to average equity (YTD only)
  • 1.48%Net charge-offs to loans
  • 91.04%Credit loss provision to net charge-offs
  • 3.22%Efficiency ratio
  • 48,500Assets per employee
  • 6.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 33.25%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 41.22%Noncurrent assets plus other real estate owned to assets
  • 2.84%Noncurrent loans to loans
  • 2.92%Net loans and leases to deposits
  • 56.52%Net loans and leases to core deposits
  • 61.79%Equity capital to assets
  • 22.23%Core capital (leverage) ratio
  • 20.54%Tier 1 risk-based capital ratio
  • 37.94%Total risk-based capital ratio
  • Memoranda
  • $39Average assets
  • $74,906Average earning assets
  • $15,870Average equity
  • $69,156Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010646The Poplar Grove State Bank109 North State Street, Poplar Grove, IL 61065September 14, 1946Full Service Brick and Mortar
    1447352Menge Lane Branch4111 Menge Lane, Poplar Grove, IL 61065September 01, 2002Full Service Brick and Mortar

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