United Community Bank in Oakwood, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

United Community Bank - Overview

  • General
  • FDIC Certificate #: 11724
    Status: Active
    Federal Reserve ID: 638346
    Bank Holding Company (Regulatory Top Holder): Oakwood Bancorp, Inc. (RSSDID: 1204944, Location: Springfield, IL)
    Date Established: December 15, 1907
    WWW: http://www.ibankucb.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 #: 7498
    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: 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: 106 South Oakwood Street, Oakwood, IL 61858
    County: Vermilion
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Champaign
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Danville, IL (#19180)
    CBSA Metro Statistical Area: Danville, IL (#19180)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $40.3 mil
    Equity capital: $4.1 mil
    Deposits held in domestic offices: $36.1 mil
    Return on assets (ROA): 0.63% ($0.3 mil)
    Quarterly return on assets: 1.15% ($0.5 mil)
    Return on Equity (ROE): 6.35% ($0.3 mil)
    Quarterly return on equity: 11.43% ($0.5 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.63% ($253.7 mil)
    Quarterly Pretax return on assets: 1.15% ($463.0 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
  • 13Total employees (full-time equivalent)
  • $40,263Total assets
  • $11,462Cash and due from depository institutions
  • $9,140Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $27,490Net loans & leases
  • $283Loan loss allowance
  • $0Trading account assets
  • $423Bank premises and fixed assets
  • $478Other real estate owned
  • $0Goodwill and other intangibles
  • $40,263Life insurance assets
  • $410All other assets
  • $36,181Total liabilities and capital
  • $36,143Total liabilities
  • $31,605Total deposits
  • $36,143Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $38Subordinated debt
  • $4,082All other liabilities
  • $4,082Total equity capital
  • $4,082Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $1,100Surplus
  • $2,682Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $216Income earned, not collected on loans
  • $0Earning assets
  • $318Long-term assets (5+ years)
  • $36,630Average Assets, year-to-date
  • $2,266Average Assets, quarterly
  • $39,758Volatile liabilities
  • $39,971Insider loans
  • $27,514FHLB advances
  • $39,728Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,082Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,015Restructured Loans and leases
  • $918Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,677Total interest income
  • $223Total interest expense
  • $1,454Net interest income
  • $45Provision for loan and lease losses
  • $198Total noninterest income
  • $0Fiduciary activities
  • $71Service charges on deposit accounts
  • $0Trading account gains & fees
  • $127Additional noninterest income
  • $1,356Total noninterest expense
  • $599Salaries and employee benefits
  • $174Premises and equipment expense
  • $583Additional noninterest expense
  • $251Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $251Income before extraordinary items
  • $0Extraordinary gains - net
  • $251Net income attributable to bank
  • $0Net charge-offs
  • $251Cash dividends
  • $9Sale, conversion, retirement of capital stock, net
  • $50Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.63%Yield on earning assets
  • 0.62%Cost of funding earning assets
  • 4.01%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 3.74%Noninterest expense to earning assets
  • 0.63%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.63%Pretax return on assets
  • 6.35%Return on equity (ROE)
  • 5.08%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 500.00%Credit loss provision to net charge-offs
  • 32.89%Efficiency ratio
  • 82,082Assets per employee
  • 3.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 19.92%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 131.02%Noncurrent assets plus other real estate owned to assets
  • 1.72%Noncurrent loans to loans
  • 0.78%Net loans and leases to deposits
  • 76.06%Net loans and leases to core deposits
  • 78.51%Equity capital to assets
  • 10.14%Core capital (leverage) ratio
  • 10.27%Tier 1 risk-based capital ratio
  • 14.84%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $39,758Average earning assets
  • $3,953Average equity
  • $36,227Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07498United Community Bank106 South Oakwood Street, Oakwood, IL 61858December 15, 1907Full Service Brick and Mortar
    3225486Danville Branch821 N Vermilion, Danville, IL 61832May 06, 1996Full Service Brick and Mortar

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