Vermilion Valley Bank in city_name, state_name - Detailed Financial Reports, Location

Vermilion Valley Bank in Piper City, Illinois (IL)
Show street view No street view available for this location

Vermilion Valley Bank routing number info

Vermilion Valley Bank - Overview

General
FDIC Certificate #: 11667
Status: Active
Federal Reserve ID: 666844
Bank Holding Company (Regulatory Top Holder): Piper Bankshares, Inc. (RSSDID: 1398991, Location: Piper City, IL)
Date Established: July 25, 1913
WWW: http://www.vermilionvalleybank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 15448
FDIC's unique #: 7455
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: May 31, 2007
Last Structure Change Process Date: May 31, 2007
Last Data Update: May 31, 2007
Data Source Date: April 05, 2012
Location
Address: 4 East Peoria, Piper City, IL 60959
County: Ford
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): Champaign-Urbana, IL (#16580)
CBSA Metro Statistical Area: Champaign-Urbana, IL (#16580)
Financial Summary
Total assets: $118.8 mil
Equity capital: $13.0 mil
Deposits held in domestic offices: $96.9 mil
Return on assets (ROA): 1.63% ($1.9 mil)
Quarterly return on assets: 1.61% ($1.9 mil)
Return on Equity (ROE): 14.19% ($1.8 mil)
Quarterly return on equity: 14.17% ($1.8 mil)
Net income: $1.8 mil
Quarterly Net income: $0.5 mil
Pretax return on assets: 1.64% ($1,949.1 mil)
Quarterly Pretax return on assets: 1.61% ($1,913.5 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
24Total employees (full-time equivalent)
$118,848Total assets
$2,431Cash and due from depository institutions
$96Interest-bearing balances
$42,317Securities
$0Federal funds sold & reverse repurchase agreements
$69,264Net loans & leases
$865Loan loss allowance
$0Trading account assets
$1,528Bank premises and fixed assets
$261Other real estate owned
$925Goodwill and other intangibles
$118,847Life insurance assets
$2,122All other assets
$105,845Total liabilities and capital
$96,933Total liabilities
$81,226Total deposits
$96,933Interest-bearing deposits
$91Deposits held in domestic offices
1270.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$7,375Trading liabilities
$0Other borrowed funds
$267Subordinated debt
$13,002All other liabilities
$13,002Total equity capital
$13,002Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$6,262Surplus
$6,540Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$448Income earned, not collected on loans
$0Earning assets
$1,535Long-term assets (5+ years)
$111,677Average Assets, year-to-date
$17,694Average Assets, quarterly
$107,723Volatile liabilities
$113,617Insider loans
$75,960FHLB advances
$111,013Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$11,600Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$9,648Restructured Loans and leases
$1,809Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,465Total interest income
$702Total interest expense
$3,763Net interest income
$105Provision for loan and lease losses
$412Total noninterest income
$45Fiduciary activities
$174Service charges on deposit accounts
$0Trading account gains & fees
$193Additional noninterest income
$2,298Total noninterest expense
$1,198Salaries and employee benefits
$248Premises and equipment expense
$852Additional noninterest expense
$1,772Pre-tax net operating income
$0Securities gains (losses)
$19Applicable income taxes
$1,753Income before extraordinary items
$0Extraordinary gains - net
$1,753Net income attributable to bank
$0Net charge-offs
$1,753Cash dividends
$99Sale, conversion, retirement of capital stock, net
$615Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.45%Yield on earning assets
0.70%Cost of funding earning assets
3.75%Net interest margin
0.41%Noninterest income to earning assets
2.29%Noninterest expense to earning assets
1.63%Net operating income to assets
1.63%Return on assets (ROA)
1.64%Pretax return on assets
14.19%Return on equity (ROE)
9.21%Retained earnings to average equity (YTD only)
0.15%Net charge-offs to loans
106.06%Credit loss provision to net charge-offs
18.96%Efficiency ratio
55,042Assets per employee
4.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
35.08%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
193.08%Noncurrent assets plus other real estate owned to assets
0.60%Noncurrent loans to loans
0.64%Net loans and leases to deposits
71.46%Net loans and leases to core deposits
72.28%Equity capital to assets
10.94%Core capital (leverage) ratio
10.45%Tier 1 risk-based capital ratio
15.27%Total risk-based capital ratio
Memoranda
$16Average assets
$107,723Average earning assets
$12,356Average equity
$100,446Average 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
$18,983Managed Assets
1Number of Accounts
$18,983Personal trust and agency accounts
$17,890Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$1,093Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
21Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

5 Illinois Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7455	Vermilion Valley Bank	4 East Peoria, Piper City, IL 60959	July 25, 1913	Full Service Brick and Mortar
1	2323	Cullom Branch	111 West Hack Street, Cullom, IL 60929	May 11, 1907	Full Service Brick and Mortar
2	10558	Kempton Branch	Main Street, Kempton, IL 60946	Febuary 16, 1946	Full Service Brick and Mortar
3	7886	Roberts Branch	Green Street, Roberts, IL 60962	July 01, 1920	Full Service Brick and Mortar
4	451656	Chatsworth Branch	509 S 4th St, Chatsworth, IL 60921	October 24, 2005	Full Service Brick and Mortar

Vermilion Valley Bank in Piper City, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Vermilion Valley Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Vermilion Valley Bank in Piper City, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

Vermilion Valley Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Vermilion Valley Bank in Piper City, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches