State Bank of Saunemin in Saunemin, Illinois (IL)
| State Bank of Saunemin | |
|---|---|
| General | FDIC Certificate #: 12391 Status: Active Federal Reserve ID: 575647 Date Established: June 01, 1911 WWW: http://www.statebankofsaunemin.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Domestic: 2, Interstate: No) FDIC's unique #: 7879 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: Febuary 17, 2011 |
| Location | Address: 59 North St, Saunemin, IL 61769 County: Livingston 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 Core Based Statistical Area (CBSA): Pontiac, IL (#38700) CBSA Micro Statistical Area: Yes |
| History of Changes | Change in Location Merge BIF and SAIF Funds into DIF |
| Financial Summary | Total assets: $2.9 mil Equity capital: $0.3 mil Deposits held in domestic offices: $2.6 mil Return on assets (ROA): 1.01.2019% ($0.0 mil) Quarterly return on assets: 1.01.1958% ($0.0 mil) Return on Equity (ROE): 1.12.2018% ($0.0 mil) Quarterly return on equity: 16.67% ($0.0 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.01.2019% ($29.1 mil) Quarterly Pretax return on assets: 1.01.1958% ($29.1 mil) |
| Assets and Liabilities (December 31, 2010) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 7 |
| Total assets | $29,388 |
| Cash and due from depository institutions | $2,177 |
| Interest-bearing balances | $1,233 |
| Securities | $12,226 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $14,232 |
| Loan loss allowance | $189 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $123 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $630 |
| Life insurance assets | $158 |
| Total liabilities and capital | $29,388 |
| Total liabilities | $26,739 |
| Total deposits | $26,430 |
| Interest-bearing deposits | $22,124 |
| Deposits held in domestic offices | $26,430 |
| % insured (estimated) | 90.31% |
| Federal funds purchased & repurchase agreements | $265 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $44 |
| Total equity capital | $2,649 |
| Total bank equity capital | $2,649 |
| Perpetual preferred stock | $2,649 |
| Common stock | $0 |
| Surplus | $150 |
| Undivided profits | $350 |
| Memoranda | |
| Noncurrent loans and leases | $2,149 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $868 |
| Income earned, not collected on loans | $0 |
| Earning assets | $85 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $297 |
| Average Assets, quarterly | $27,691 |
| Volatile liabilities | $6,687 |
| Insider loans | $28,398 |
| FHLB advances | $29,083 |
| Loans and leases held for sale | $3,877 |
| Unused loan commitments | $1,036 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $0 |
| Total unused commitments | $868 |
| Restructured Loans and leases | $0 |
| Derivatives | $189 |
| Income and Expense (December 31, 2010) (Dollar figures in thousands) | |
| Total interest income | $1,223 |
| Total interest expense | $335 |
| Net interest income | $888 |
| Provision for loan and lease losses | $44 |
| Total noninterest income | $76 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $55 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $21 |
| Total noninterest expense | $672 |
| Salaries and employee benefits | $402 |
| Premises and equipment expense | $99 |
| Additional noninterest expense | $171 |
| Pre-tax net operating income | $248 |
| Securities gains (losses) | $32 |
| Applicable income taxes | $1 |
| Income before extraordinary items | $279 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $279 |
| Net charge-offs | $0 |
| Cash dividends | $279 |
| Sale, conversion, retirement of capital stock, net | $58 |
| Net operating income | $380 |
| Performance and Condition Ratios (December 31, 2010) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.61% |
| Cost of funding earning assets | 1.26% |
| Net interest margin | 3.34% |
| Noninterest income to earning assets | 0.29% |
| Noninterest expense to earning assets | 2.53% |
| Net operating income to assets | 0.87% |
| Return on assets (ROA) | 0.98% |
| Pretax return on assets | 0.99% |
| Return on equity (ROE) | 10.23% |
| Retained earnings to average equity (YTD only) | -3.70% |
| Net charge-offs to loans | 0.42% |
| Credit loss provision to net charge-offs | 75.86% |
| Efficiency ratio | 5.03% |
| Assets per employee | $69,710 |
| Cash dividends to net income (YTD only) | 4.20% |
| Condition Ratios (%) | |
| Loss allowance to loans | 136.20% |
| Loss allowance to noncurrent loans | 1.31% |
| Noncurrent assets plus other real estate owned to assets | 222.35% |
| Noncurrent loans to loans | 0.29% |
| Net loans and leases to deposits | 0.59% |
| Net loans and leases to core deposits | 53.85% |
| Equity capital to assets | 62.37% |
| Core capital (leverage) ratio | 9.01% |
| Tier 1 risk-based capital ratio | 8.56% |
| Total risk-based capital ratio | 15.15% |
| Memoranda | |
| Average assets | $16 |
| Average earning assets | $28,398 |
| Average equity | $2,727 |
| Average loans | $26,553 |
| 2 Illinois Branches as of Febuary 17, 2011 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 7879 | State Bank Of Saunemin | 59 North St, Saunemin, IL 61769 | June 01, 1911 | Full Service Brick and Mortar |  |
| 1 | 227039 | Pontiac Branch | 901 East Howard Street, Pontiac, IL 61764 | March 18, 1996 | Full Service Brick and Mortar |  |
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