Villa Grove State Bank in Villa Grove, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Villa Grove State Bank - Overview

  • General
  • FDIC 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
    WWW: http://www.villagrovestatebank.com
    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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 22Total employees (full-time equivalent)
  • $66,456Total assets
  • $6,428Cash and due from depository institutions
  • $5,101Interest-bearing balances
  • $8,065Securities
  • $331Federal funds sold & reverse repurchase agreements
  • $49,804Net loans & leases
  • $850Loan loss allowance
  • $0Trading account assets
  • $727Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $66,456Life insurance assets
  • $1,101All other assets
  • $60,673Total liabilities and capital
  • $59,727Total liabilities
  • $51,030Total deposits
  • $59,727Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 767.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $179Subordinated debt
  • $5,783All other liabilities
  • $5,783Total equity capital
  • $5,783Total bank equity capital
  • $0Perpetual preferred stock
  • $709Common stock
  • $1,998Surplus
  • $3,076Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $108Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $491Income earned, not collected on loans
  • $0Earning assets
  • $676Long-term assets (5+ years)
  • $63,301Average Assets, year-to-date
  • $7,209Average Assets, quarterly
  • $68,342Volatile liabilities
  • $67,084Insider loans
  • $43,392FHLB advances
  • $68,626Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,762Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,718Restructured Loans and leases
  • $143Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,222Total interest income
  • $737Total interest expense
  • $2,485Net interest income
  • $553Provision for loan and lease losses
  • $195Total noninterest income
  • $0Fiduciary activities
  • $136Service charges on deposit accounts
  • $0Trading account gains & fees
  • $59Additional noninterest income
  • $1,686Total noninterest expense
  • $1,078Salaries and employee benefits
  • $205Premises and equipment expense
  • $403Additional noninterest expense
  • $441Pre-tax net operating income
  • $0Securities gains (losses)
  • $7Applicable income taxes
  • $434Income before extraordinary items
  • $0Extraordinary gains - net
  • $434Net income attributable to bank
  • $0Net charge-offs
  • $434Cash dividends
  • $230Sale, conversion, retirement of capital stock, net
  • $291Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.92%Yield on earning assets
  • 1.13%Cost of funding earning assets
  • 3.80%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 2.58%Noninterest expense to earning assets
  • 0.64%Net operating income to assets
  • 0.64%Return on assets (ROA)
  • 0.65%Pretax return on assets
  • 7.66%Return on equity (ROE)
  • 2.52%Retained earnings to average equity (YTD only)
  • 0.44%Net charge-offs to loans
  • 240.43%Credit loss provision to net charge-offs
  • 4.32%Efficiency ratio
  • 62,910Assets per employee
  • 3.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 67.05%Loss allowance to loans
  • 1.68%Loss allowance to noncurrent loans
  • 173.12%Noncurrent assets plus other real estate owned to assets
  • 0.74%Noncurrent loans to loans
  • 0.97%Net loans and leases to deposits
  • 83.39%Net loans and leases to core deposits
  • 86.84%Equity capital to assets
  • 8.70%Core capital (leverage) ratio
  • 8.40%Tier 1 risk-based capital ratio
  • 13.28%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $68,342Average earning assets
  • $5,666Average equity
  • $65,436Average 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
  • $82Managed Assets
  • 1Number of Accounts
  • $82Personal trust and agency accounts
  • $82Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2Number 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

  • 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

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Villa Grove State Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents