Security Bank and Trust Co. in Mount Carmel, Illinois (IL)
Table of contents:
| Security Bank and Trust Co. | |
|---|---|
| General | FDIC Certificate #: 15433 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Old National Bank (#4393) Federal Reserve ID: 236041 Date Established: November 18, 1936 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 9747 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: November 18, 1936 Last Structure Change Effective Date: October 23, 1998 Last Structure Change Process Date: December 07, 1998 Last Data Update: December 07, 1998 Data Source Date: April 05, 2012 |
| Location | Address: 400 Market Street, Mount Carmel, IL 62863 County: Wabash 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: $113.1 mil |
| Assets and Liabilities (December 31, 1997) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 38 |
| Total assets | $113,843 |
| Cash and due from depository institutions | $1,849 |
| Interest-bearing balances | $0 |
| Securities | $31,718 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $77,045 |
| Loan loss allowance | $1,632 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $991 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $2,240 |
| Life insurance assets | $0 |
| Total liabilities and capital | $113,843 |
| Total liabilities | $103,008 |
| Total deposits | $100,627 |
| Interest-bearing deposits | $93,753 |
| Deposits held in domestic offices | $100,627 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $773 |
| Trading liabilities | $0 |
| Other borrowed funds | $395 |
| Subordinated debt | $0 |
| All other liabilities | $1,213 |
| Total equity capital | $10,835 |
| Total bank equity capital | $10,835 |
| Perpetual preferred stock | $10,835 |
| Common stock | $0 |
| Surplus | $1,127 |
| Undivided profits | $6,373 |
| Memoranda | |
| Noncurrent loans and leases | $3,335 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $0 |
| Earning assets | $968 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $1,002 |
| Average Assets, quarterly | $108,763 |
| Volatile liabilities | $28,057 |
| Insider loans | $116,330 |
| FHLB advances | $114,530 |
| Loans and leases held for sale | $16,158 |
| Unused loan commitments | $2,114 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $0 |
| Total unused commitments | $14,887 |
| Restructured Loans and leases | $0 |
| Derivatives | $80,782 |
| Income and Expense (December 31, 1997) (Dollar figures in thousands) | |
| Total interest income | $9,133 |
| Total interest expense | $4,496 |
| Net interest income | $4,637 |
| Provision for loan and lease losses | $0 |
| Total noninterest income | $477 |
| Fiduciary activities | $101 |
| Service charges on deposit accounts | $185 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $191 |
| Total noninterest expense | $2,835 |
| Salaries and employee benefits | $1,509 |
| Premises and equipment expense | $269 |
| Additional noninterest expense | $1,057 |
| Pre-tax net operating income | $2,279 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $631 |
| Income before extraordinary items | $1,648 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $1,648 |
| Net charge-offs | $0 |
| Cash dividends | $0 |
| Sale, conversion, retirement of capital stock, net | $406 |
| Net operating income | $2,520 |
| Performance and Condition Ratios (December 31, 1997) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 8.26% |
| Cost of funding earning assets | 4.07% |
| Net interest margin | 4.19% |
| Noninterest income to earning assets | 0.43% |
| Noninterest expense to earning assets | 2.56% |
| Net operating income to assets | 1.42% |
| Return on assets (ROA) | 1.42% |
| Pretax return on assets | 1.96% |
| Return on equity (ROE) | 15.05% |
| Retained earnings to average equity (YTD only) | -7.96% |
| Net charge-offs to loans | 0.50% |
| Credit loss provision to net charge-offs | 0.00% |
| Efficiency ratio | 5.61% |
| Assets per employee | $55,436 |
| Cash dividends to net income (YTD only) | 3.00% |
| Condition Ratios (%) | |
| Loss allowance to loans | 152.91% |
| Loss allowance to noncurrent loans | 2.07% |
| Noncurrent assets plus other real estate owned to assets | 168.60% |
| Noncurrent loans to loans | 0.85% |
| Net loans and leases to deposits | 1.23% |
| Net loans and leases to core deposits | 76.56% |
| Equity capital to assets | 89.97% |
| Core capital (leverage) ratio | 9.52% |
| Tier 1 risk-based capital ratio | 9.19% |
| Total risk-based capital ratio | 13.03% |
| Memoranda | |
| Average assets | $14 |
| Average earning assets | $116,330 |
| Average equity | $10,950 |
| Average loans | $110,573 |
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