TrustBank in Olney, Illinois (IL), AZ
Overview, Financial Summary, Detailed Financial Reports, Branches

TrustBank - Overview

  • General
  • FDIC Certificate #: 14662
    Status: Active
    Federal Reserve ID: 338646
    Bank Holding Company (Regulatory Top Holder): Rich Land Bancorp, Inc. (RSSDID: 1098161, Location: Olney, IL)
    Date Established: September 13, 1912
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: Yes)
    OTS Docket #: 12475
    FDIC's unique #: 9168
    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: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: August 07, 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: 600 East Main Street, Olney, IL 62450
    County: Richland
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $168.4 mil
    Equity capital: $20.4 mil
    Deposits held in domestic offices: $144.7 mil
    Return on assets (ROA): 1.37% ($2.3 mil)
    Quarterly return on assets: 1.71% ($2.9 mil)
    Return on Equity (ROE): 11.74% ($2.3 mil)
    Quarterly return on equity: 14.17% ($2.8 mil)
    Net income: $2.3 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 1.37% ($2,307.3 mil)
    Quarterly Pretax return on assets: 1.71% ($2,879.9 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
  • 49Total employees (full-time equivalent)
  • $168,417Total assets
  • $6,695Cash and due from depository institutions
  • $4,982Interest-bearing balances
  • $52,073Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $102,144Net loans & leases
  • $1,649Loan loss allowance
  • $0Trading account assets
  • $863Bank premises and fixed assets
  • $1,401Other real estate owned
  • $1,859Goodwill and other intangibles
  • $168,417Life insurance assets
  • $3,382All other assets
  • $147,983Total liabilities and capital
  • $144,677Total liabilities
  • $123,094Total deposits
  • $144,677Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $1,306Subordinated debt
  • $20,434All other liabilities
  • $20,434Total equity capital
  • $20,434Total bank equity capital
  • $0Perpetual preferred stock
  • $650Common stock
  • $7,312Surplus
  • $12,472Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $111Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $920Income earned, not collected on loans
  • $35Earning assets
  • $1,159Long-term assets (5+ years)
  • $159,199Average Assets, year-to-date
  • $39,078Average Assets, quarterly
  • $168,142Volatile liabilities
  • $169,248Insider loans
  • $111,815FHLB advances
  • $167,923Loans and leases held for sale
  • $472Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $17,079Tier 2 risk-based capital
  • $472Total risk weighted assets
  • $0Total unused commitments
  • $16,426Restructured Loans and leases
  • $2,705Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,020Total interest income
  • $1,677Total interest expense
  • $5,343Net interest income
  • $164Provision for loan and lease losses
  • $2,101Total noninterest income
  • $240Fiduciary activities
  • $713Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,148Additional noninterest income
  • $5,040Total noninterest expense
  • $2,962Salaries and employee benefits
  • $468Premises and equipment expense
  • $1,610Additional noninterest expense
  • $2,240Pre-tax net operating income
  • $56Securities gains (losses)
  • $0Applicable income taxes
  • $2,296Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,296Net income attributable to bank
  • $0Net charge-offs
  • $2,296Cash dividends
  • $587Sale, conversion, retirement of capital stock, net
  • $1,320Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.41%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 3.36%Net interest margin
  • 1.32%Noninterest income to earning assets
  • 3.17%Noninterest expense to earning assets
  • 1.33%Net operating income to assets
  • 1.37%Return on assets (ROA)
  • 1.37%Pretax return on assets
  • 11.74%Return on equity (ROE)
  • 4.99%Retained earnings to average equity (YTD only)
  • 0.58%Net charge-offs to loans
  • 27.94%Credit loss provision to net charge-offs
  • 4.10%Efficiency ratio
  • 67,706Assets per employee
  • 3.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 57.49%Loss allowance to loans
  • 1.59%Loss allowance to noncurrent loans
  • 179.24%Noncurrent assets plus other real estate owned to assets
  • 1.38%Noncurrent loans to loans
  • 0.89%Net loans and leases to deposits
  • 70.60%Net loans and leases to core deposits
  • 71.28%Equity capital to assets
  • 12.13%Core capital (leverage) ratio
  • 10.17%Tier 1 risk-based capital ratio
  • 15.27%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $168,142Average earning assets
  • $19,551Average equity
  • $159,078Average 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
  • $52,634Managed Assets
  • 1Number of Accounts
  • $50,744Personal trust and agency accounts
  • $16,540Employee benefit-defined contribution accounts
  • $26,840Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $3,173Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $1,970Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $2,221Non-managed Assets
  • 111Number of Accounts
  • $0Personal trust and agency accounts
  • $1,864Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,890Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,890Fiduciary accounts held in foreign offices

List of branches

  • 1 Arizona Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    6520798Phoenix Az Branch2375 East Camelback Road, Phoenix, AZ 85016May 16, 2011Full Service Brick and Mortar
  • 4 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09168Trustbank600 East Main Street, Olney, IL 62450September 13, 1912Full Service Brick and Mortar
    1231894Richland County Mall FacilityNorth West Street, Olney, IL 62450May 04, 1981Full Service Brick and Mortar
    37224Cisne BranchMain Street, Cisne, IL 62823January 01, 1902Full Service Brick and Mortar
    5510410Carbondale Trust Branch3200 Fishback Road, Carbondale, IL 62901April 05, 2010Limited Service Trust

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