Wayne County Bank and Trust Company in Fairfield, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 13, 1995

Wayne County Bank and Trust Company in Fairfield, Illinois (IL)
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Wayne County Bank and Trust Company - Overview

General
FDIC Certificate #: 17781
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Peoples National Bank , N.A. (#3809)
Federal Reserve ID: 1012345
Date Established: July 06, 1957
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 11733
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: July 06, 1957
Last Structure Change Effective Date: December 13, 1995
Last Structure Change Process Date: January 23, 1996
Last Data Update: January 23, 1996
Data Source Date: April 05, 2012
Location
Address: 215 Southeast 3rd Street, Fairfield, IL 62837
County: Wayne
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Mount Vernon
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Financial Summary
Total assets: $55.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$33Total assets
$52,338Cash and due from depository institutions
$1,697Interest-bearing balances
$119Securities
$15,852Federal funds sold & reverse repurchase agreements
$1,516Net loans & leases
$30,494Loan loss allowance
$1,228Trading account assets
$0Bank premises and fixed assets
$1,751Other real estate owned
$81Goodwill and other intangibles
$947Life insurance assets
$0All other assets
$0Total liabilities and capital
$52,338Total liabilities
$48,568Total deposits
$48,037Interest-bearing deposits
$43,639Deposits held in domestic offices
48037.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$531Total equity capital
$531Total bank equity capital
$3,770Perpetual preferred stock
$0Common stock
$800Surplus
$1,700Undivided profits
Memoranda
$1,270Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$344Income earned, not collected on loans
$375Earning assets
$47,981Long-term assets (5+ years)
$8,673Average Assets, year-to-date
$50,325Average Assets, quarterly
$52,377Volatile liabilities
$3,304Insider loans
$530FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,004Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,299Total risk weighted assets
$33,856Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$3,408Total interest expense
$1,492Net interest income
$1,916Provision for loan and lease losses
$0Total noninterest income
$274Fiduciary activities
$0Service charges on deposit accounts
$148Trading account gains & fees
$0Additional noninterest income
$126Total noninterest expense
$1,709Salaries and employee benefits
$877Premises and equipment expense
$260Additional noninterest expense
$572Pre-tax net operating income
$481Securities gains (losses)
$16Applicable income taxes
$87Income before extraordinary items
$410Extraordinary gains - net
$0Net income attributable to bank
$410Net charge-offs
-$127Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.41%Cost of funding earning assets
3.25%Net interest margin
4.17%Noninterest income to earning assets
0.60%Noninterest expense to earning assets
3.72%Net operating income to assets
0.79%Return on assets (ROA)
0.81%Pretax return on assets
0.99%Return on equity (ROE)
10.75%Retained earnings to average equity (YTD only)
10.75%Net charge-offs to loans
-0.45%Credit loss provision to net charge-offs
0.00%Efficiency ratio
78,037Assets per employee
1.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.87%Loss allowance to noncurrent loans
356.98%Noncurrent assets plus other real estate owned to assets
0.81%Noncurrent loans to loans
1.08%Net loans and leases to deposits
63.48%Net loans and leases to core deposits
68.17%Equity capital to assets
7.20%Core capital (leverage) ratio
8.17%Tier 1 risk-based capital ratio
12.70%Total risk-based capital ratio
Memoranda
$14Average assets
$50,325Average earning assets
$3,814Average equity
$45,974Average loans

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