State Street Bank and Trust Company in Quincy, Illinois (IL)
| State Street Bank and Trust Company | |
|---|---|
| General | FDIC Certificate #: 14857 Status: Active Federal Reserve ID: 352745 Bank Holding Company (Regulatory Top Holder): Backlund Investment Co. (RSSDID: 1095058, Location: Peoria, IL) Date Established: January 01, 1890 WWW: http://www.statestreetbank.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Domestic: 4, Interstate: No) OTS Docket #: 11082 FDIC's unique #: 9300 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: All Other Specialization < 1 Billion Date of Deposit Insurance: November 08, 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: April 05, 2012 |
| Location | Address: 801 State Street, Quincy, IL 62301 County: Adams Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Springfield Il Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Core Based Statistical Area (CBSA): Quincy, IL-MO (#39500) CBSA Micro Statistical Area: Yes |
| History of Changes | Merge BIF and SAIF Funds into DIF |
| Financial Summary | Total assets: $162.3 mil Equity capital: $16.5 mil Deposits held in domestic offices: $145.6 mil Return on assets (ROA): 1.37% ($2.2 mil) Quarterly return on assets: 1.28% ($2.1 mil) Return on Equity (ROE): 13.20% ($2.2 mil) Quarterly return on equity: 12.38% ($2.1 mil) Net income: $2.2 mil Quarterly Net income: $0.5 mil Pretax return on assets: 1.39% ($2,256.3 mil) Quarterly Pretax return on assets: 1.28% ($2,077.7 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 52 |
| Total assets | $162,322 |
| Cash and due from depository institutions | $30,480 |
| Interest-bearing balances | $28,789 |
| Securities | $38,885 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $89,526 |
| Loan loss allowance | $1,302 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $2,059 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $1,372 |
| Life insurance assets | $162,322 |
| Total liabilities and capital | $145,811 |
| Total liabilities | $145,560 |
| Total deposits | $115,088 |
| Interest-bearing deposits | $145,560 |
| Deposits held in domestic offices | $92 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $251 |
| All other liabilities | $16,511 |
| Total equity capital | $16,511 |
| Total bank equity capital | $16,511 |
| Perpetual preferred stock | $0 |
| Common stock | $300 |
| Surplus | $1,200 |
| Undivided profits | $15,011 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $246 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $645 |
| Average Assets, year-to-date | $157,200 |
| Average Assets, quarterly | $5,089 |
| Volatile liabilities | $157,528 |
| Insider loans | $163,139 |
| FHLB advances | $100,100 |
| Loans and leases held for sale | $164,856 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $16,191 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $12,870 |
| Derivatives | $794 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $6,537 |
| Total interest expense | $891 |
| Net interest income | $5,646 |
| Provision for loan and lease losses | $355 |
| Total noninterest income | $2,082 |
| Fiduciary activities | $208 |
| Service charges on deposit accounts | $485 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $1,389 |
| Total noninterest expense | $5,186 |
| Salaries and employee benefits | $2,931 |
| Premises and equipment expense | $409 |
| Additional noninterest expense | $1,846 |
| Pre-tax net operating income | $2,187 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $22 |
| Income before extraordinary items | $2,165 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $2,165 |
| Net charge-offs | $0 |
| Cash dividends | $2,165 |
| Sale, conversion, retirement of capital stock, net | $91 |
| Net operating income | $1,200 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.32% |
| Cost of funding earning assets | 0.59% |
| Net interest margin | 3.73% |
| Noninterest income to earning assets | 1.38% |
| Noninterest expense to earning assets | 3.43% |
| Net operating income to assets | 1.37% |
| Return on assets (ROA) | 1.37% |
| Pretax return on assets | 1.39% |
| Return on equity (ROE) | 13.20% |
| Retained earnings to average equity (YTD only) | 5.88% |
| Net charge-offs to loans | 0.10% |
| Credit loss provision to net charge-offs | 390.11% |
| Efficiency ratio | 27.93% |
| Assets per employee | $67,107 |
| Cash dividends to net income (YTD only) | 3.12% |
| Condition Ratios (%) | |
| Loss allowance to loans | 55.43% |
| Loss allowance to noncurrent loans | 1.43% |
| Noncurrent assets plus other real estate owned to assets | 529.27% |
| Noncurrent loans to loans | 0.15% |
| Net loans and leases to deposits | 0.27% |
| Net loans and leases to core deposits | 61.50% |
| Equity capital to assets | 62.20% |
| Core capital (leverage) ratio | 10.17% |
| Tier 1 risk-based capital ratio | 9.82% |
| Total risk-based capital ratio | 16.17% |
| Memoranda | |
| Average assets | $17 |
| Average earning assets | $157,528 |
| Average equity | $16,406 |
| Average loans | $151,387 |
| Total Fiduciary and Related Assets (December 31, 2011) (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 | $174,815 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $34,547 |
| Employee benefit-defined contribution accounts | $34,547 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $0 |
| Corporate trust and agency accounts | $0 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $0 |
| Number of Accounts | 162 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $140,268 |
| Corporate trust and agency accounts | $138,241 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $2,027 |
| 4 Illinois Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 9300 | State Street Bank And Trust Company | 801 State Street, Quincy, IL 62301 | January 01, 1890 | Full Service Brick and Mortar |  |
| 1 | 232294 | Niemann Foods Facility | 520 North 24th Street, Quincy, IL 62301 | November 03, 1981 | Full Service Retail |  |
| 2 | 232295 | Payson Facility | 401 West State Street, Payson, IL 62360 | January 25, 1982 | Full Service Brick and Mortar | |
| 4 | 232297 | Broadway Branch | 48th And Broadway, Quincy, IL 62306 | Febuary 13, 1995 | Full Service Brick and Mortar | |
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