The Elizabeth State Bank
Elizabeth, IL — Non-member Bank
Acquired Jul 2009
Vitals
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Total Assets55.0M -16.5 %
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Total Deposits48.1M -12.2 %
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Total Net Loans42.4M -7.0 %
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Net Income
-
Book Value864000.0000 -75.0 %
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Book Value x21.7M -75.0 %
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Book Value x32.6M -75.0 %
Balance Sheet Highlights
| Financial Highlights | The Elizabeth State Bank | All Insured Commercial Banks in Illinois |
| Balance Sheet $(000) | ||
| Total Assets | 55,027 | 210,890 |
| Total Net Loans | 42,353 | 142,582 |
| Total Deposits | 48,131 | 177,660 |
| Total Equity | 864 | 21,106 |
| Profitability | ||
| Net Income | — | 2,174 |
| Return on Average Assets | — | 1.029 |
| Return on Average Equity | — | 9.922 |
| Net Interest Margin | 3.52 | 3.538 |
| Efficiency Ratio | 81.408 | 72.036 |
| Noninterest Income/Revenue | 7.553 | 13.486 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 87.995 | 73.781 |
| Securities/Assets | .147 | .645 |
| Total Equity/Total Assets | .016 | .1 |
| Tangible Equity/Tangible Assets | .016 | -.028 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 1,435 | 20,014 |
| Tier 2 Capital | 574 | 2,112 |
| Total Capital | 2,009 | 22,189 |
| Total Risk Weighted Assets | 69,716 | 156,820 |
| Leverage Ratio | 2.53 | 9.796 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 2.06 | 14.611 |
| Total Capital Ratio | 2.88 | 15.701 |
Timeline for The Elizabeth State Bank
Galena State Bank & Trust Co.
The Elizabeth State Bank was acquired by Galena State Bank & Trust Co. 14 years
View Profile Jul 03 2009
Terrapin Bancorp, Inc.
Terrapin Bancorp, Inc. became a new parent organization for The Elizabeth State Bank.
View Profile Dec 30 1988
The Elizabeth State Bank
The Elizabeth State Bank was established 114 years ago and is currently headquartered in Elizabeth, IL.
Dec 01 1909| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Galena State Bank & Trust Co. | Buyer | 291,623 | Failure | 7/3/2009 |
| Relationships | Role | Relationship Start | Relationship End |
| Terrapin Bancorp, Inc. | Parent | 12/30/1988 | 7/2/2009 |
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