Villa Grove State Bank in Villa Grove, Illinois (IL)

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Villa Grove State Bank routing number info

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Villa Grove State Bank
GeneralFDIC Certificate #: 9273
Status: Active
Federal Reserve ID: 474245
Bank Holding Company (Regulatory Top Holder): Villa Grove Bancshares, Inc. (RSSDID: 1203237, Location: Villa Grove, IL)
Date Established: October 19, 1919
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 5932
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
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
LocationAddress: 10 North Main Street, Villa Grove, IL 61956
County: Douglas
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
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $66.5 mil
Equity capital: $5.8 mil
Deposits held in domestic offices: $59.7 mil
Return on assets (ROA): 0.64% ($0.4 mil)
Quarterly return on assets: 0.47% ($0.3 mil)
Return on Equity (ROE): 7.66% ($0.5 mil)
Quarterly return on equity: 5.47% ($0.3 mil)
Net income: $0.4 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.65% ($432.0 mil)
Quarterly Pretax return on assets: 0.48% ($319.0 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)
Total employees (full-time equivalent)22
Total assets$66,456
Cash and due from depository institutions$6,428
Interest-bearing balances$5,101
Federal funds sold & reverse repurchase agreements$331
Net loans & leases$49,804
Loan loss allowance $850
Trading account assets$0
Bank premises and fixed assets$727
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$1,101
Life insurance assets$66,456
Total liabilities and capital$60,673
Total liabilities$59,727
Total deposits$51,030
Interest-bearing deposits$59,727
Deposits held in domestic offices$89
% insured (estimated)767.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $179
All other liabilities $5,783
Total equity capital$5,783
Total bank equity capital$5,783
Perpetual preferred stock$0
Common stock$709
Undivided profits $3,076
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $108
Income earned, not collected on loans $491
Earning assets $0
Long-term assets (5+ years) $676
Average Assets, year-to-date $63,301
Average Assets, quarterly $7,209
Volatile liabilities $68,342
Insider loans $67,084
FHLB advances $43,392
Loans and leases held for sale $68,626
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $5,762
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $2,718
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,222
Total interest expense $737
Net interest income $2,485
Provision for loan and lease losses $553
Total noninterest income $195
Fiduciary activities $0
Service charges on deposit accounts $136
Trading account gains & fees $0
Additional noninterest income $59
Total noninterest expense $1,686
Salaries and employee benefits $1,078
Premises and equipment expense $205
Additional noninterest expense $403
Pre-tax net operating income $441
Securities gains (losses) $0
Applicable income taxes $7
Income before extraordinary items $434
Extraordinary gains - net $0
Net income attributable to bank $434
Net charge-offs $0
Cash dividends $434
Sale, conversion, retirement of capital stock, net $230
Net operating income $291
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.92%
Cost of funding earning assets 1.13%
Net interest margin 3.80%
Noninterest income to earning assets 0.30%
Noninterest expense to earning assets 2.58%
Net operating income to assets 0.64%
Return on assets (ROA) 0.64%
Pretax return on assets 0.65%
Return on equity (ROE) 7.66%
Retained earnings to average equity (YTD only) 2.52%
Net charge-offs to loans 0.44%
Credit loss provision to net charge-offs 240.43%
Efficiency ratio4.32%
Assets per employee$62,910
Cash dividends to net income (YTD only)3.02%
Condition Ratios (%)
Loss allowance to loans 67.05%
Loss allowance to noncurrent loans 1.68%
Noncurrent assets plus other real estate owned to assets 173.12%
Noncurrent loans to loans 0.74%
Net loans and leases to deposits0.97%
Net loans and leases to core deposits 83.39%
Equity capital to assets 86.84%
Core capital (leverage) ratio 8.70%
Tier 1 risk-based capital ratio 8.40%
Total risk-based capital ratio 13.28%
Average assets$15
Average earning assets$68,342
Average equity $5,666
Average loans $65,436
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$82
Number of Accounts1
Personal trust and agency accounts$82
Employee benefit-defined contribution accounts$82
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts2
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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2 Illinois Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
05932Villa Grove State Bank10 North Main Street, Villa Grove, IL 61956October 19, 1919Full Service Brick and Mortar
2219808Drive-Up Facility20 North Main Street, Villa Grove, IL 61956January 10, 1990Limited Service Facility
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