The First State Bank of Winchester, Illinois
Winchester, IL · Owner: Scott County Bcorp Inc
$30.1M
total assets, June 30, 2009
$30.1M
total assets, June 30, 2009
The First State Bank of Winchester, Illinois was a state nonmember bank in Winchester, IL, owned by Scott County Bcorp Inc. It failed on Jul 2, 2009, and The First National Bank Of Beardstown took over its deposits. At its last report it held $30.1 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2009
This bank failed
- Failed on
- Jul 2, 2009
- Assets
- $30.1M
- Deposits
- $30.8M
- Estimated cost
- $8.0M
- Deposits went to
- The First National Bank Of Beardstown, Beardstown, IL
Total assets
$30.1M
-17.5% in a year · -8.8% in a quarter
Deposits
$30.8M
-11.0% in a year · -7.7% in a quarter
Loans
$18.1M
-10.6% in a year · -9.9% in a quarter
Profit so far
-$2.7M
Jan 1 to Jun 30, 2009
Capital ratio
-1.98%
-7.93 pts in a year
Return on assets
-16.18%
-15.83 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Winchester, IL, 62694
- County
- Scott
- Holding company
- Scott County Bcorp Inc
- Established
- Nov 12, 1867
- Failed
- Jul 2, 2009
- Employees
- 15
- Branches
- 2
- Id
- b11710
Quarter by quarter
March 31, 1984 to June 30, 2009
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The First State Bank of Winchester, Illinois?
$30.1 million in total assets and $30.8 million in deposits as of June 30, 2009, with assets down 17.5% from a year before. Its loans were $18.1 million.
How many branches does The First State Bank of Winchester, Illinois have?
2 branches in Illinois as of June 30, 2026.
Is The First State Bank of Winchester, Illinois profitable?
No: it lost $2.66 million from January 1 to June 30, 2009. Its return on assets was -16.18% a year; about 1% is typical.
Who owns The First State Bank of Winchester, Illinois?
The First State Bank of Winchester, Illinois is owned by Scott County Bcorp Inc, its holding company.
When did The First State Bank of Winchester, Illinois fail?
Jul 2, 2009. The First National Bank Of Beardstown of Beardstown, IL took over its deposits. The estimated cost of the failure was $8.03 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.