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


  • The State Bank of Pearl City in Pearl City, Illinois (IL)
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The State Bank of Pearl City - Overview

  • General
  • FDIC Certificate #: 16344
    Status: Active
    Federal Reserve ID: 923949
    Bank Holding Company (Regulatory Top Holder): Pearl City Bancorp, Inc. (RSSDID: 1246720, Location: Pearl City, IL)
    Date Established: December 08, 1945
    WWW: http://www.pearlcitybank.com
    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 #: 10528
    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: December 08, 1945
    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: 215 South Main Street, Pearl City, IL 61062
    County: Stephenson
    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
    Combined Statistical Area (CSA): Rockford-Freeport-Rochelle, IL (#466)
    Core Based Statistical Area (CBSA): Freeport, IL (#23300)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $44.5 mil
    Equity capital: $4.7 mil
    Deposits held in domestic offices: $39.7 mil
    Return on assets (ROA): 0.66% ($0.3 mil)
    Quarterly return on assets: 0.55% ($0.2 mil)
    Return on Equity (ROE): 7.14% ($0.4 mil)
    Quarterly return on equity: 5.20% ($0.3 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.66% ($293.9 mil)
    Quarterly Pretax return on assets: 0.55% ($244.9 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
  • 15Total employees (full-time equivalent)
  • $44,532Total assets
  • $1,706Cash and due from depository institutions
  • $92Interest-bearing balances
  • $19,202Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $21,494Net loans & leases
  • $190Loan loss allowance
  • $0Trading account assets
  • $1,346Bank premises and fixed assets
  • $143Other real estate owned
  • $0Goodwill and other intangibles
  • $44,532Life insurance assets
  • $641All other assets
  • $39,874Total liabilities and capital
  • $39,735Total liabilities
  • $34,713Total deposits
  • $39,735Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $139Subordinated debt
  • $4,658All other liabilities
  • $4,658Total equity capital
  • $4,658Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $950Surplus
  • $3,658Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $238Income earned, not collected on loans
  • $0Earning assets
  • $251Long-term assets (5+ years)
  • $40,788Average Assets, year-to-date
  • $19,634Average Assets, quarterly
  • $44,026Volatile liabilities
  • $44,599Insider loans
  • $27,977FHLB advances
  • $43,446Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,641Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,090Restructured Loans and leases
  • $324Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,233Total interest income
  • $519Total interest expense
  • $1,714Net interest income
  • $50Provision for loan and lease losses
  • $11Total noninterest income
  • $0Fiduciary activities
  • $11Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $1,390Total noninterest expense
  • $718Salaries and employee benefits
  • $234Premises and equipment expense
  • $438Additional noninterest expense
  • $285Pre-tax net operating income
  • $5Securities gains (losses)
  • $0Applicable income taxes
  • $290Income before extraordinary items
  • $0Extraordinary gains - net
  • $290Net income attributable to bank
  • $0Net charge-offs
  • $290Cash dividends
  • -$19Sale, conversion, retirement of capital stock, net
  • $93Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.56%Yield on earning assets
  • 1.29%Cost of funding earning assets
  • 4.27%Net interest margin
  • 0.03%Noninterest income to earning assets
  • 3.46%Noninterest expense to earning assets
  • 0.65%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 7.14%Return on equity (ROE)
  • 4.85%Retained earnings to average equity (YTD only)
  • -0.09%Net charge-offs to loans
  • -263.16%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 80,580Assets per employee
  • 2.97%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 32.07%Loss allowance to loans
  • 0.88%Loss allowance to noncurrent loans
  • 79.83%Noncurrent assets plus other real estate owned to assets
  • 0.86%Noncurrent loans to loans
  • 1.10%Net loans and leases to deposits
  • 54.09%Net loans and leases to core deposits
  • 54.48%Equity capital to assets
  • 10.46%Core capital (leverage) ratio
  • 10.68%Tier 1 risk-based capital ratio
  • 16.59%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $44,026Average earning assets
  • $4,060Average equity
  • $40,126Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010528The State Bank Of Pearl City215 South Main Street, Pearl City, IL 61062December 08, 1945Full Service Brick and Mortar
    1474043Mount Carroll Branch408 South Clay Street, Mount Carroll, IL 61053April 23, 2008Full Service Brick and Mortar

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