First State Bank of Heyworth in Heyworth, Illinois (IL)
Table of contents:
| First State Bank of Heyworth | |
|---|---|
| General | FDIC Certificate #: 11316 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: First State Bank of Bloomington (#22034) Federal Reserve ID: 802231 Date Established: April 12, 1906 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 15611 FDIC's unique #: 7226 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: January 01, 1934 Last Structure Change Effective Date: May 14, 2003 Last Structure Change Process Date: June 05, 2003 Last Data Update: June 05, 2003 Data Source Date: April 05, 2012 |
| Location | Address: 117 East Main Street, Heyworth, IL 61745 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: $22.7 mil |
| Assets and Liabilities (December 31, 2002) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 7 |
| Total assets | $23,753 |
| Cash and due from depository institutions | $857 |
| Interest-bearing balances | $0 |
| Securities | $12,487 |
| Federal funds sold & reverse repurchase agreements | $25 |
| Net loans & leases | $8,943 |
| Loan loss allowance | $86 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $308 |
| Other real estate owned | $137 |
| Goodwill and other intangibles | $10 |
| All other assets | $986 |
| Life insurance assets | $0 |
| Total liabilities and capital | $23,753 |
| Total liabilities | $21,664 |
| Total deposits | $21,263 |
| Interest-bearing deposits | $18,390 |
| Deposits held in domestic offices | $21,263 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $300 |
| Subordinated debt | $0 |
| All other liabilities | $101 |
| Total equity capital | $2,089 |
| Total bank equity capital | $2,089 |
| Perpetual preferred stock | $2,089 |
| Common stock | $0 |
| Surplus | $91 |
| Undivided profits | $629 |
| Memoranda | |
| Noncurrent loans and leases | $1,369 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $2,000 |
| Income earned, not collected on loans | $0 |
| Earning assets | $111 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $151 |
| Average Assets, quarterly | $21,455 |
| Volatile liabilities | $7,243 |
| Insider loans | $22,627 |
| FHLB advances | $23,590 |
| Loans and leases held for sale | $4,099 |
| Unused loan commitments | $26 |
| Tier 1 (core) risk-based capital | $300 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $0 |
| Total unused commitments | $2,000 |
| Restructured Loans and leases | $0 |
| Derivatives | $86 |
| Income and Expense (December 31, 2002) (Dollar figures in thousands) | |
| Total interest income | $1,111 |
| Total interest expense | $369 |
| Net interest income | $742 |
| Provision for loan and lease losses | $7 |
| Total noninterest income | $162 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $98 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $64 |
| Total noninterest expense | $521 |
| Salaries and employee benefits | $227 |
| Premises and equipment expense | $73 |
| Additional noninterest expense | $221 |
| Pre-tax net operating income | $376 |
| Securities gains (losses) | $8 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $384 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $384 |
| Net charge-offs | $0 |
| Cash dividends | $0 |
| Sale, conversion, retirement of capital stock, net | $18 |
| Net operating income | $158 |
| Performance and Condition Ratios (December 31, 2002) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.47% |
| Cost of funding earning assets | 1.82% |
| Net interest margin | 3.66% |
| Noninterest income to earning assets | 0.80% |
| Noninterest expense to earning assets | 2.57% |
| Net operating income to assets | 1.66% |
| Return on assets (ROA) | 1.70% |
| Pretax return on assets | 1.70% |
| Return on equity (ROE) | 19.96% |
| Retained earnings to average equity (YTD only) | 11.75% |
| Net charge-offs to loans | 0.19% |
| Credit loss provision to net charge-offs | 38.89% |
| Efficiency ratio | 21.28% |
| Assets per employee | $57,633 |
| Cash dividends to net income (YTD only) | 3.39% |
| Condition Ratios (%) | |
| Loss allowance to loans | 41.15% |
| Loss allowance to noncurrent loans | 0.95% |
| Noncurrent assets plus other real estate owned to assets | 77.48% |
| Noncurrent loans to loans | 1.04% |
| Net loans and leases to deposits | 1.23% |
| Net loans and leases to core deposits | 42.06% |
| Equity capital to assets | 52.10% |
| Core capital (leverage) ratio | 8.79% |
| Tier 1 risk-based capital ratio | 8.00% |
| Total risk-based capital ratio | 21.43% |
| Memoranda | |
| Average assets | $22 |
| Average earning assets | $22,627 |
| Average equity | $1,924 |
| Average loans | $20,299 |
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