First State Bank of Bloomington in Bloomington, Illinois (IL)
| First State Bank of Bloomington | |
|---|---|
| General | FDIC Certificate #: 22034 Status: Active Federal Reserve ID: 453839 Bank Holding Company (Regulatory Top Holder): First State Bancorp Of Monticello, Inc. Employee Stock Ownership Plan (RSSDID: 2310217, Location: Monticello, IL) Date Established: June 09, 1975 WWW: http://www.fsbblm.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 #: 15616 FDIC's unique #: 15288 Numeric code: 21 Regulator: FDIC 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: Commercial Lending Specialization Date of Deposit Insurance: June 09, 1975 Last Structure Change Effective Date: January 01, 2009 Last Structure Change Process Date: January 05, 2009 Last Data Update: January 05, 2009 Data Source Date: Febuary 17, 2011 |
| Location | Address: 204 North Prospect Road, Bloomington, IL 61704 County: Mclean 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 Metropolitan Statistical Area (MSA): Bloomington-Normal, IL (#1040) Core Based Statistical Area (CBSA): Bloomington-Normal, IL (#14060) CBSA Metro Statistical Area: Bloomington-Normal, IL (#14060) |
| Financial Summary | Total assets: $9.8 mil Equity capital: $1.0 mil Deposits held in domestic offices: $8.2 mil Return on assets (ROA): 1.11.2011% ($0.1 mil) Quarterly return on assets: 1.01.2025% ($0.1 mil) Return on Equity (ROE): 1.11.1950% ($0.0 mil) Quarterly return on equity: 1.12.1935% ($0.0 mil) Net income: $0.8 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.11.2011% ($108.2 mil) Quarterly Pretax return on assets: 1.01.2025% ($98.5 mil) |
| Assets and Liabilities (December 31, 2010) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 32 |
| Total assets | $93,253 |
| Cash and due from depository institutions | $3,000 |
| Interest-bearing balances | $610 |
| Securities | $24,511 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $60,563 |
| Loan loss allowance | $773 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $2,158 |
| Other real estate owned | $647 |
| Goodwill and other intangibles | $140 |
| All other assets | $2,234 |
| Life insurance assets | $0 |
| Total liabilities and capital | $93,253 |
| Total liabilities | $84,120 |
| Total deposits | $80,357 |
| Interest-bearing deposits | $63,159 |
| Deposits held in domestic offices | $80,357 |
| % insured (estimated) | 91.12% |
| Federal funds purchased & repurchase agreements | $478 |
| Trading liabilities | $0 |
| Other borrowed funds | $3,000 |
| Subordinated debt | $0 |
| All other liabilities | $285 |
| Total equity capital | $9,133 |
| Total bank equity capital | $9,133 |
| Perpetual preferred stock | $9,133 |
| Common stock | $0 |
| Surplus | $641 |
| Undivided profits | $2,424 |
| Memoranda | |
| Noncurrent loans and leases | $6,068 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $7,517 |
| Income earned, not collected on loans | $0 |
| Earning assets | $373 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $502 |
| Average Assets, quarterly | $85,684 |
| Volatile liabilities | $21,268 |
| Insider loans | $95,227 |
| FHLB advances | $95,382 |
| Loans and leases held for sale | $24,512 |
| Unused loan commitments | $13 |
| Tier 1 (core) risk-based capital | $3,000 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $0 |
| Total unused commitments | $7,517 |
| Restructured Loans and leases | $0 |
| Derivatives | $773 |
| Income and Expense (December 31, 2010) (Dollar figures in thousands) | |
| Total interest income | $4,357 |
| Total interest expense | $1,085 |
| Net interest income | $3,272 |
| Provision for loan and lease losses | $281 |
| Total noninterest income | $1,345 |
| Fiduciary activities | $214 |
| Service charges on deposit accounts | $457 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $674 |
| Total noninterest expense | $3,344 |
| Salaries and employee benefits | $1,510 |
| Premises and equipment expense | $375 |
| Additional noninterest expense | $1,459 |
| Pre-tax net operating income | $992 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $992 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $992 |
| Net charge-offs | $0 |
| Cash dividends | $992 |
| Sale, conversion, retirement of capital stock, net | $15 |
| Net operating income | $500 |
| Performance and Condition Ratios (December 31, 2010) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.11% |
| Cost of funding earning assets | 1.27% |
| Net interest margin | 3.84% |
| Noninterest income to earning assets | 1.58% |
| Noninterest expense to earning assets | 3.92% |
| Net operating income to assets | 1.04% |
| Return on assets (ROA) | 1.04% |
| Pretax return on assets | 1.04% |
| Return on equity (ROE) | 10.79% |
| Retained earnings to average equity (YTD only) | 5.35% |
| Net charge-offs to loans | 0.02% |
| Credit loss provision to net charge-offs | 1873.33% |
| Efficiency ratio | 84.87% |
| Assets per employee | $72,428 |
| Cash dividends to net income (YTD only) | 2.91% |
| Condition Ratios (%) | |
| Loss allowance to loans | 50.40% |
| Loss allowance to noncurrent loans | 1.26% |
| Noncurrent assets plus other real estate owned to assets | 207.24% |
| Noncurrent loans to loans | 1.09% |
| Net loans and leases to deposits | 0.61% |
| Net loans and leases to core deposits | 75.37% |
| Equity capital to assets | 103.84% |
| Core capital (leverage) ratio | 9.79% |
| Tier 1 risk-based capital ratio | 8.39% |
| Total risk-based capital ratio | 12.34% |
| Memoranda | |
| Average assets | $14 |
| Average earning assets | $95,227 |
| Average equity | $9,193 |
| Average loans | $85,228 |
| Total Fiduciary and Related Assets (December 31, 2010) (Dollar figures in thousands) | |
| Total fiduciary and related assets | $1 |
| Number of Fiduciary Accounts and Related Asset Accounts | 1 |
| Fiduciary powers granted | Yes |
| Fiduciary or related activity | Yes |
| Managed Assets | $18,991 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $16,003 |
| Employee benefit-defined contribution accounts | $10,316 |
| Employee benefit-defined benefit accounts | $2,242 |
| Other retirement accounts | $0 |
| Corporate trust and agency accounts | $156 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $3,289 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $0 |
| Number of Accounts | 127 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $156 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $2,988 |
| Corporate trust and agency accounts | $1,069 |
| Other fiduciary accounts | $17 |
| Fiduciary accounts held in foreign offices | $1,902 |
| 3 Illinois Branches as of Febuary 17, 2011 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 15288 | First State Bank Of Bloomington | 204 North Prospect Road, Bloomington, IL 61704 | June 09, 1975 | Full Service Brick and Mortar |  |
| 1 | 253936 | Westminster Village Facility | 2025 East Lincoln, Bloomington, IL 61701 | November 01, 1979 | Limited Service Retail |  |
| 2 | 7226 | Heyworth First State Branch | 117 East Main Street, Heyworth, IL 61745 | April 12, 1906 | Full Service Brick and Mortar | |
Based on public records. Inadvertent errors are possible.
Faqs.org does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Faqs.org does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.