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

This bank is inactive as of April 11, 1994

United Community Bank in Gillespie, Illinois (IL)
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United Community Bank - Overview

General
FDIC Certificate #: 1796
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: United Community Bank (#19459)
Federal Reserve ID: 717344
Date Established: July 20, 1922
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 11024
FDIC's unique #: 1192
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: April 11, 1994
Last Structure Change Process Date: May 18, 1994
Last Data Update: May 18, 1994
Data Source Date: April 05, 2012
Location
Address: 121 South Macoupin Street, Gillespie, IL 62033
County: Macoupin
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Springfield Il
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
Financial Summary
Total assets: $49.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$16Total assets
$49,529Cash and due from depository institutions
$980Interest-bearing balances
$100Securities
$23,992Federal funds sold & reverse repurchase agreements
$1,100Net loans & leases
$21,695Loan loss allowance
$202Trading account assets
$0Bank premises and fixed assets
$827Other real estate owned
$0Goodwill and other intangibles
$526Life insurance assets
$409All other assets
$0Total liabilities and capital
$49,529Total liabilities
$44,614Total deposits
$43,073Interest-bearing deposits
$39,105Deposits held in domestic offices
43073.00%% insured (estimated)
$100Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,153Subordinated debt
$0All other liabilities
$388Total equity capital
$388Total bank equity capital
$4,915Perpetual preferred stock
$0Common stock
$578Surplus
$4,122Undivided profits
Memoranda
$215Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$30Income earned, not collected on loans
$222Earning assets
$46,887Long-term assets (5+ years)
$7,524Average Assets, year-to-date
$48,988Average Assets, quarterly
$49,574Volatile liabilities
$1,678Insider loans
$1FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,268Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,506Total risk weighted assets
$27,364Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$3,262Total interest expense
$1,505Net interest income
$1,757Provision for loan and lease losses
$17Total noninterest income
$173Fiduciary activities
$0Service charges on deposit accounts
$127Trading account gains & fees
$0Additional noninterest income
$46Total noninterest expense
$1,024Salaries and employee benefits
$466Premises and equipment expense
$125Additional noninterest expense
$433Pre-tax net operating income
$889Securities gains (losses)
-$4Applicable income taxes
$251Income before extraordinary items
$634Extraordinary gains - net
$0Net income attributable to bank
$634Net charge-offs
$2Cash dividends
$496Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.04%Cost of funding earning assets
3.25%Net interest margin
3.79%Noninterest income to earning assets
0.37%Noninterest expense to earning assets
2.21%Net operating income to assets
1.30%Return on assets (ROA)
1.29%Pretax return on assets
1.81%Return on equity (ROE)
13.01%Retained earnings to average equity (YTD only)
2.83%Net charge-offs to loans
0.01%Credit loss provision to net charge-offs
850.00%Efficiency ratio
50,933Assets per employee
3.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
78.23%Loss allowance to loans
0.92%Loss allowance to noncurrent loans
673.33%Noncurrent assets plus other real estate owned to assets
0.06%Noncurrent loans to loans
0.14%Net loans and leases to deposits
50.37%Net loans and leases to core deposits
50.99%Equity capital to assets
9.92%Core capital (leverage) ratio
9.14%Tier 1 risk-based capital ratio
16.47%Total risk-based capital ratio
Memoranda
$17Average assets
$48,988Average earning assets
$4,872Average equity
$46,309Average loans

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