Wemple State Bank in Waverly, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Wemple State Bank in Waverly, Illinois (IL)
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Wemple State Bank - Overview

  • General
  • FDIC Certificate #: 12393
    Status: Active
    Federal Reserve ID: 148144
    Bank Holding Company (Regulatory Top Holder): Lima Bancshares, Inc. (RSSDID: 1095928, Location: Lima, IL)
    Date Established: November 21, 1877
    WWW: http://www.wemplestatebank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 14150
    FDIC's unique #: 7881
    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: 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: 197 West State, Waverly, IL 62692
    County: Morgan
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Springfield Il
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Jacksonville, IL (#27300)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $68.0 mil
    Equity capital: $5.7 mil
    Deposits held in domestic offices: $58.7 mil
    Return on assets (ROA): 1.50% ($1.0 mil)
    Quarterly return on assets: 1.83% ($1.2 mil)
    Return on Equity (ROE): 18.51% ($1.1 mil)
    Quarterly return on equity: 21.79% ($1.3 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.53% ($1,040.0 mil)
    Quarterly Pretax return on assets: 1.84% ($1,250.7 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
  • 17Total employees (full-time equivalent)
  • $67,971Total assets
  • $4,039Cash and due from depository institutions
  • $319Interest-bearing balances
  • $14,465Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $46,653Net loans & leases
  • $462Loan loss allowance
  • $0Trading account assets
  • $549Bank premises and fixed assets
  • $242Other real estate owned
  • $0Goodwill and other intangibles
  • $67,971Life insurance assets
  • $2,023All other assets
  • $62,268Total liabilities and capital
  • $58,710Total liabilities
  • $42,331Total deposits
  • $58,710Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 1138.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $420Subordinated debt
  • $5,703All other liabilities
  • $5,703Total equity capital
  • $5,703Total bank equity capital
  • $0Perpetual preferred stock
  • $225Common stock
  • $1,325Surplus
  • $4,153Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $152Income earned, not collected on loans
  • $0Earning assets
  • $567Long-term assets (5+ years)
  • $61,437Average Assets, year-to-date
  • $15,640Average Assets, quarterly
  • $64,196Volatile liabilities
  • $66,836Insider loans
  • $49,974FHLB advances
  • $65,915Loans and leases held for sale
  • $955Unused loan commitments
  • $955Tier 1 (core) risk-based capital
  • $5,350Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,503Restructured Loans and leases
  • $1,870Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,157Total interest income
  • $491Total interest expense
  • $2,666Net interest income
  • $250Provision for loan and lease losses
  • $331Total noninterest income
  • $11Fiduciary activities
  • $178Service charges on deposit accounts
  • $0Trading account gains & fees
  • $142Additional noninterest income
  • $1,796Total noninterest expense
  • $899Salaries and employee benefits
  • $251Premises and equipment expense
  • $646Additional noninterest expense
  • $951Pre-tax net operating income
  • $32Securities gains (losses)
  • $18Applicable income taxes
  • $965Income before extraordinary items
  • $0Extraordinary gains - net
  • $965Net income attributable to bank
  • $0Net charge-offs
  • $965Cash dividends
  • $215Sale, conversion, retirement of capital stock, net
  • $540Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.35%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 4.52%Net interest margin
  • 0.56%Noninterest income to earning assets
  • 3.04%Noninterest expense to earning assets
  • 1.45%Net operating income to assets
  • 1.50%Return on assets (ROA)
  • 1.53%Pretax return on assets
  • 18.51%Return on equity (ROE)
  • 8.15%Retained earnings to average equity (YTD only)
  • 0.46%Net charge-offs to loans
  • 116.28%Credit loss provision to net charge-offs
  • 5.59%Efficiency ratio
  • 58,959Assets per employee
  • 4.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 55.96%Loss allowance to loans
  • 0.98%Loss allowance to noncurrent loans
  • 303.95%Noncurrent assets plus other real estate owned to assets
  • 0.58%Noncurrent loans to loans
  • 0.32%Net loans and leases to deposits
  • 79.46%Net loans and leases to core deposits
  • 80.15%Equity capital to assets
  • 8.39%Core capital (leverage) ratio
  • 8.12%Tier 1 risk-based capital ratio
  • 10.71%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $64,196Average earning assets
  • $5,213Average equity
  • $59,041Average 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
  • $1,490Managed Assets
  • 1Number of Accounts
  • $1,490Personal trust and agency accounts
  • $1,382Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $108Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 7Number 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

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07881Wemple State Bank197 West State, Waverly, IL 62692November 21, 1877Full Service Brick and Mortar
    1449901Palmyra Branch142 West State Street, Palmyra, IL 62674March 13, 2006Full Service Brick and Mortar
    21185Morrisonville Branch409 Carlin Street, Morrisonville, IL 62546January 20, 1930Full Service Brick and Mortar

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