Valley Community Bank in St. Charles, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 25, 2011

  • Valley Community Bank in St. Charles, Illinois (IL)
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Valley Community Bank - Overview

  • General
  • FDIC Certificate #: 34187
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: First State Bank (#15752)
    Federal Reserve ID: 2397713
    Date Established: June 24, 1996
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    FDIC's unique #: 56845
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 24, 1996
    Last Structure Change Effective Date: Febuary 25, 2011
    Last Structure Change Process Date: Febuary 28, 2011
    Last Data Update: Febuary 28, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 620 East Main Street, St. Charles, IL 60174
    County: Kane
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Chicago
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Chicago, IL (#1600)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Chicago-Joliet-Naperville, IL (#16974)
  • Financial Summary
  • Total assets: $123.8 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, 2010)

  • Dollar figures in thousands
  • 41Total employees (full-time equivalent)
  • $123,774Total assets
  • $12,875Cash and due from depository institutions
  • $11,854Interest-bearing balances
  • $12,803Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $87,036Net loans & leases
  • $3,841Loan loss allowance
  • $0Trading account assets
  • $1,024Bank premises and fixed assets
  • $8,718Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,318All other assets
  • $123,774Total liabilities and capital
  • $124,607Total liabilities
  • $124,179Total deposits
  • $114,586Interest-bearing deposits
  • $124,179Deposits held in domestic offices
  • 95.37%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $428All other liabilities
  • $-833Total equity capital
  • $-833Total bank equity capital
  • $-833Perpetual preferred stock
  • $0Common stock
  • $2,196Surplus
  • $7,732Undivided profits
  • Memoranda
  • $-10,761Noncurrent loans and leases
  • $8,606Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $17,060Earning assets
  • $0Long-term assets (5+ years)
  • $366Average Assets, year-to-date
  • $111,693Average Assets, quarterly
  • $5,961Volatile liabilities
  • $141,847Insider loans
  • $129,451FHLB advances
  • $31,661Loans and leases held for sale
  • $1,503Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,606Total unused commitments
  • $1,015Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $5,567Total interest income
  • $2,359Total interest expense
  • $3,208Net interest income
  • $3,447Provision for loan and lease losses
  • $649Total noninterest income
  • $0Fiduciary activities
  • $253Service charges on deposit accounts
  • $0Trading account gains & fees
  • $396Additional noninterest income
  • $7,915Total noninterest expense
  • $2,155Salaries and employee benefits
  • $1,167Premises and equipment expense
  • $4,593Additional noninterest expense
  • -$7,505Pre-tax net operating income
  • $409Securities gains (losses)
  • $0Applicable income taxes
  • -$7,096Income before extraordinary items
  • $0Extraordinary gains - net
  • -$7,096Net income attributable to bank
  • $0Net charge-offs
  • -$7,096Cash dividends
  • $4,143Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.33%Yield on earning assets
  • 1.84%Cost of funding earning assets
  • 2.50%Net interest margin
  • 0.51%Noninterest income to earning assets
  • 6.16%Noninterest expense to earning assets
  • -5.29%Net operating income to assets
  • -5.00%Return on assets (ROA)
  • -5.00%Pretax return on assets
  • -181.02%Return on equity (ROE)
  • -181.02%Retained earnings to average equity (YTD only)
  • 4.14%Net charge-offs to loans
  • 83.20%Credit loss provision to net charge-offs
  • -0.98%Efficiency ratio
  • 205,211Assets per employee
  • 3.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.23%Loss allowance to noncurrent loans
  • 22.51%Noncurrent assets plus other real estate owned to assets
  • 20.83%Noncurrent loans to loans
  • 18.77%Net loans and leases to deposits
  • 70.09%Net loans and leases to core deposits
  • 94.07%Equity capital to assets
  • -0.67%Core capital (leverage) ratio
  • -0.64%Tier 1 risk-based capital ratio
  • -0.88%Total risk-based capital ratio
  • Memoranda
  • -$1Average assets
  • $141,847Average earning assets
  • $3,920Average equity
  • $128,437Average loans

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