Bank of De Soto in De Soto, Illinois (IL)
Table of contents:
| Bank of De Soto | |
|---|---|
| General | FDIC Certificate #: 13564 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: First National Bank and Trust Company, Carbondale, Illinois (#3772) Federal Reserve ID: 706647 Date Established: January 01, 1920 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) FDIC's unique #: 8480 Numeric code: 13 Regulator: FED 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: January 01, 1934 Last Structure Change Effective Date: October 02, 1994 Last Structure Change Process Date: October 27, 1994 Last Data Update: October 27, 1994 Data Source Date: April 05, 2012 |
| Location | Address: 102 North Chestnut Street, De Soto, IL 62924 County: Jackson 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 Combined Statistical Area (CSA): Carbondale-Marion-Herrin, IL (#166) Core Based Statistical Area (CBSA): Carbondale, IL (#16060) CBSA Micro Statistical Area: Yes |
| Financial Summary | Total assets: $19.4 mil |
| Assets and Liabilities (December 31, 1993) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $11 |
| Cash and due from depository institutions | $18,715 |
| Interest-bearing balances | $571 |
| Securities | $0 |
| Federal funds sold & reverse repurchase agreements | $10,079 |
| Net loans & leases | $500 |
| Loan loss allowance | $7,136 |
| Trading account assets | $88 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $231 |
| Goodwill and other intangibles | $0 |
| All other assets | $0 |
| Life insurance assets | $198 |
| Total liabilities and capital | $0 |
| Total liabilities | $18,715 |
| Total deposits | $16,838 |
| Interest-bearing deposits | $16,753 |
| Deposits held in domestic offices | $14,925 |
| % insured (estimated) | 16753.00% |
| Federal funds purchased & repurchase agreements | $99 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $0 |
| Total equity capital | $85 |
| Total bank equity capital | $85 |
| Perpetual preferred stock | $1,877 |
| Common stock | $0 |
| Surplus | $200 |
| Undivided profits | $1,000 |
| Memoranda | |
| Noncurrent loans and leases | $677 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $0 |
| Earning assets | $78 |
| Long-term assets (5+ years) | $17,715 |
| Average Assets, year-to-date | $1,490 |
| Average Assets, quarterly | $18,556 |
| Volatile liabilities | $18,552 |
| Insider loans | $200 |
| FHLB advances | $151 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $67 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $1,877 |
| Total unused commitments | $7,956 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1993) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $1,231 |
| Net interest income | $509 |
| Provision for loan and lease losses | $722 |
| Total noninterest income | $26 |
| Fiduciary activities | $125 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $87 |
| Additional noninterest income | $0 |
| Total noninterest expense | $38 |
| Salaries and employee benefits | $609 |
| Premises and equipment expense | $279 |
| Additional noninterest expense | $70 |
| Pre-tax net operating income | $260 |
| Securities gains (losses) | $212 |
| Applicable income taxes | $1 |
| Income before extraordinary items | $48 |
| Extraordinary gains - net | $165 |
| Net income attributable to bank | $12 |
| Net charge-offs | $177 |
| Cash dividends | $24 |
| Sale, conversion, retirement of capital stock, net | $93 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 1993) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 0.00% |
| Cost of funding earning assets | 7.05% |
| Net interest margin | 2.91% |
| Noninterest income to earning assets | 4.13% |
| Noninterest expense to earning assets | 0.72% |
| Net operating income to assets | 3.49% |
| Return on assets (ROA) | 0.89% |
| Pretax return on assets | 0.95% |
| Return on equity (ROE) | 1.21% |
| Retained earnings to average equity (YTD only) | 9.50% |
| Net charge-offs to loans | 4.51% |
| Credit loss provision to net charge-offs | 0.36% |
| Efficiency ratio | 108.33% |
| Assets per employee | $71,901 |
| Cash dividends to net income (YTD only) | 1.70% |
| Condition Ratios (%) | |
| Loss allowance to loans | 52.54% |
| Loss allowance to noncurrent loans | 1.22% |
| Noncurrent assets plus other real estate owned to assets | 0.00% |
| Noncurrent loans to loans | 0.00% |
| Net loans and leases to deposits | 0.00% |
| Net loans and leases to core deposits | 42.60% |
| Equity capital to assets | 43.11% |
| Core capital (leverage) ratio | 10.03% |
| Tier 1 risk-based capital ratio | 10.10% |
| Total risk-based capital ratio | 23.59% |
| Memoranda | |
| Average assets | $25 |
| Average earning assets | $18,556 |
| Average equity | $1,863 |
| Average loans | $17,463 |
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