West Pointe Bank and Trust Company in Belleville, Illinois (IL)
Table of contents:
| West Pointe Bank and Trust Company | |
|---|---|
| General | FDIC Certificate #: 33222 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Commerce Bank (#24998) Federal Reserve ID: 1824285 Date Established: December 14, 1990 WWW: http://www.westpointebank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 14615 FDIC's unique #: 46659 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: December 14, 1990 Last Structure Change Effective Date: September 01, 2006 Last Structure Change Process Date: October 03, 2006 Last Data Update: October 03, 2006 Data Source Date: April 05, 2012 |
| Location | Address: 5701 West Main Street, Belleville, IL 62226 County: St. Clair 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 Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040) Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476) Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180) CBSA Metro Statistical Area: St. Louis, MO-IL (#41180) |
| Financial Summary | Total assets: $456.1 mil |
| Assets and Liabilities (December 31, 2005) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 121 |
| Total assets | $477,081 |
| Cash and due from depository institutions | $13,231 |
| Interest-bearing balances | $1,632 |
| Securities | $167,906 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $254,030 |
| Loan loss allowance | $2,002 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $11,756 |
| Other real estate owned | $1,538 |
| Goodwill and other intangibles | $0 |
| All other assets | $28,620 |
| Life insurance assets | $0 |
| Total liabilities and capital | $477,081 |
| Total liabilities | $442,714 |
| Total deposits | $413,207 |
| Interest-bearing deposits | $355,352 |
| Deposits held in domestic offices | $413,207 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $25,192 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $4,315 |
| Total equity capital | $34,367 |
| Total bank equity capital | $34,367 |
| Perpetual preferred stock | $34,367 |
| Common stock | $0 |
| Surplus | $2,800 |
| Undivided profits | $11,596 |
| Memoranda | |
| Noncurrent loans and leases | $19,971 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $55,337 |
| Income earned, not collected on loans | $0 |
| Earning assets | $846 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $1,994 |
| Average Assets, quarterly | $423,568 |
| Volatile liabilities | $106,385 |
| Insider loans | $454,270 |
| FHLB advances | $471,435 |
| Loans and leases held for sale | $98,940 |
| Unused loan commitments | $10,232 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $1,228 |
| Total risk weighted assets | $333 |
| Total unused commitments | $55,337 |
| Restructured Loans and leases | $0 |
| Derivatives | $2,002 |
| Income and Expense (December 31, 2005) (Dollar figures in thousands) | |
| Total interest income | $22,519 |
| Total interest expense | $8,752 |
| Net interest income | $13,767 |
| Provision for loan and lease losses | $2 |
| Total noninterest income | $3,924 |
| Fiduciary activities | $695 |
| Service charges on deposit accounts | $1,384 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $1,845 |
| Total noninterest expense | $12,815 |
| Salaries and employee benefits | $6,955 |
| Premises and equipment expense | $1,538 |
| Additional noninterest expense | $4,322 |
| Pre-tax net operating income | $4,874 |
| Securities gains (losses) | $379 |
| Applicable income taxes | $1,351 |
| Income before extraordinary items | $3,902 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $3,902 |
| Net charge-offs | $0 |
| Cash dividends | $0 |
| Sale, conversion, retirement of capital stock, net | $693 |
| Net operating income | $1,105 |
| Performance and Condition Ratios (December 31, 2005) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.59% |
| Cost of funding earning assets | 2.17% |
| Net interest margin | 3.42% |
| Noninterest income to earning assets | 0.97% |
| Noninterest expense to earning assets | 3.18% |
| Net operating income to assets | 0.80% |
| Return on assets (ROA) | 0.86% |
| Pretax return on assets | 1.16% |
| Return on equity (ROE) | 11.54% |
| Retained earnings to average equity (YTD only) | 8.27% |
| Net charge-offs to loans | 0.28% |
| Credit loss provision to net charge-offs | 0.29% |
| Efficiency ratio | 7.04% |
| Assets per employee | $72,438 |
| Cash dividends to net income (YTD only) | 3.94% |
| Condition Ratios (%) | |
| Loss allowance to loans | 28.32% |
| Loss allowance to noncurrent loans | 0.78% |
| Noncurrent assets plus other real estate owned to assets | 236.64% |
| Noncurrent loans to loans | 0.50% |
| Net loans and leases to deposits | 0.33% |
| Net loans and leases to core deposits | 61.48% |
| Equity capital to assets | 74.83% |
| Core capital (leverage) ratio | 7.20% |
| Tier 1 risk-based capital ratio | 7.65% |
| Total risk-based capital ratio | 11.82% |
| Memoranda | |
| Average assets | $12 |
| Average earning assets | $454,270 |
| Average equity | $33,808 |
| Average loans | $402,763 |
| Total Fiduciary and Related Assets (December 31, 2005) (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 | $167,136 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $159,132 |
| Employee benefit-defined contribution accounts | $44,055 |
| Employee benefit-defined benefit accounts | $3,464 |
| Other retirement accounts | $0 |
| Corporate trust and agency accounts | $6 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $111,607 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $0 |
| Number of Accounts | 225 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $8,004 |
| Corporate trust and agency accounts | $780 |
| Other fiduciary accounts | $2,652 |
| Fiduciary accounts held in foreign offices | $4,572 |
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