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
    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

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