Annual Report of Holding Companies-FRY- APR -1 2014

FR Y-6
OMB Number7100-0297
Approval expires December 31, 2015
Page 1 of 2
Board of Governors of the Federal Reserve System
Annual Report of Holding Companies-FRY-
APR -1 2014
Report at the close of business as of the end of fiscal year
This Report is required by law: Section 5(c)(1 )(A) of the Bank
Holding Company Act (12 U.S.C. § 1844 (c)(1)(A)); Section 8(a)
of the International Banking Act (12 U.S.C. § 3106(a)); Sections
11(a)(1), 25 and 25A of the Federal Reserve Act (12 U.S.C.
§§ 248(a)(1), 602, and 611a); Section 211.13(c) of Regulation K
(12 C.F.R. § 211.13(c)); and Section 225.5(b) of Regulation Y (12
C.F.R. § 225.S(b)) and section 1 O(c)(2)(H) of the Home Owners'
Loan Act. Return to the appropriate Federal Reserve Bank the
original and the number of copies specified.
This report form is to be filed by all top-tier bank holding compa
nies and top-tier savings and loan holding companies organized
under U.S. law, and by any foreign banking organization that
does not meet the requirements of and is not treated as a qualify
ing foreign banking organization under Section 211.23 of
Regulation K (12 C.F.R. § 211.23). (See page one of the general
instructions for more detail of who must file.) The Federal
Reserve may not conduct or sponsor, and an organization (or a
person) is not required to respond to, an information collection
unless it displays a currently valid OMB control number.
NOTE: The Annual Report of Holding Companies must be signed
Date of Report (top-tier holding company's fiscal year-end):
by one director of the top-tier holding company. This individual
December 31, 2013
should also be a senior official of the top-tier holding company. In
the event that the top-tier holding company does not have an
individual who is a senior official and is also a director, the chair
man of the board must sign the report.
1, Christopher J. Gavin
Name of the Holding Campany Director and Official
Month I Day I Year
Reporter's Name, Street, and Mailing Address
Western Illinois Bancshares, Inc
Legal Trtle of Holding Company
Secretary and Treasurer
PO Box440
Tltle of the Holding Company Director and Official
(Mailing Address of the Holding Company) Street I P.O. Box
attest that the Annual Report of Holding Companies (including
the supporting attachments) for this report date has been pre
pared in conformance with the instructions issued by the Federal
Reserve System and are true and correct to the best of my
knowledge and belief.
Monmouth
IL
61462
City
State
Zip Code
200 East Broadway
Physical location {if different from mailing address)
With respect to information regarding individuals contained in this
Person to whom questions about this report should be directed:
report, the Reporter certifies that it has the authority to provide this
information to the Federal Reserve. The Reporter also certifies
Amanda Campbell
that it has the authority, on behalf of each individual, to consent or
object to public release of information regarding that individual.
The Federal Reserve may assume, in the absence of a request for
confd
i ential treatment submitted in accordance with the Board's
"Rules Regarding Availability of Information," 12 C.F.R. Part 261,
er and individual consent to public release of all
that the Rep
concerning that individual.
details i
Name
VP & CFO
��-
Title
309-457-6247
Area Code I Phone Number I Extension
309-734-5850
Area Code I FAX Number
AMANDAL@MBWLCOM
E-mail Address
www.westernilbancshares.com
Address (URL) for the Holding Company's web page
Does the reporter request confidential treatment for any portion of this
For holding companies not registered with the SEC--
submission?
Indicate status of Annual Report to Shareholders:
0 Yes
D
(8J
D
is included with the FR Y-6 report
Please identify the report items to which this request
applies:
will be sent under separate cover
O In accordance with the instructions on pages GEN-2
is not prepared
and
For Federal Reserve Bank Use Only
RSSDID
C.J.
:3.5 s-?t,, 3 .:<__,
3, a Jetter justifying the request is being provided.
O The information for which confidential treatment is sought
is being submitted separately labeled "Confidential."
(gJ No
. .
Public reporting burden for this mformatlon col1ect1on 1s estimated to vary from 1.3 to 101 hours per response, with an average of 5.25 hours per response, including time to gather and
maintain data in the required form and to review instructions and complete the information collection. Send comments regarding this burden estimate or any other aspect of this collection of
information, including suggestions for reducing this burden to: Secretary, Board of Governors of the Federal ReseNe System, 20th and C Streets, N.W .. Washington, DC 20551, and to the
Office of Management and Budget, Paperwork Reduction Project (7100-0297), Washington, DC 20503.
·
1212012
ANNUAL REPORT
2013
·
--·---·-- -·------·-·----
�;v
estern Illinois Bancshares, Inc
.. .. ,,,_,..!·
�
I ,
1: ••1
-�
.
_ _
..
..
____
__
__
Midwest Bank of Western Illinois will be the premier independent community bank in the markets we
serve.
We will do so by providing exceptional quality banking and related financial services at
competitive rates, and on a profitable basis, that meet the needs of individuals, families and businesses
in our communities. Our business activities will: (I) demonstrate our continued commitment to our
communities as a responsible partner for growth and quality of life; and (2) generate above average
returns on investment over time to support future growth and shareholder value. Our efforts will be
based upon a mutual respect for our customer, employees and shareholders.
You will see elsewhere in this report that
2013 was a pretty good year for the bank and its holding
company. Credit for that goes to our staff, our customers and you, our stockholders.
I am writing this on the first day of spring, following what would have been a normal winter in my youth. I
suspect it might be too much to ask for what we used to consider a normal summer back then; i.e. warm
sunny days with an inch of gentle rain weekly.
My hat is tipped to the folks running our local ethanol plant, Big River Resources. They have done just what
they promised at the start, eked out a small profit when corn prices were high and paid big dividends when
corn prices fell - a perfect balance for their farmer owners.
I find myself befuddled by those who continue to have faith in the folks running things in Washington and
Springfield. Admittedly, I believed in Santa Claus, the Easter Bunny and the Tooth Fairy for six or seven
years, but then I grew up. I still believe that St. Patrick's Day calls for celebration, but I do not try to catch
leprechauns to snatch their pots of gold.
Our country was founded on the premise that free individuals are responsible for themselves, not a
government managed by those who think themselves free of responsibility.
A recent news article said that cursive writing soon will no longer be taught. That will bolster the need for
notary publics to witness the "X" future students will be using to sign the massive volume of documents
the government requires before we can make you a loan.
Thank you for your continued support and investment in our company!
Augustin S. Hart Ill
President, Western Illinois Bancshares, Inc.
Total Deposits
Total Loans
$350,000,000
$250,000,000
$280,000,000
$200,000,000
$210,000,000
$150,000,000
$140,000,000
$100,000,000
$70,000,000
$50,000,000
$0
$0
2009
2010
2011
2012
2013
2009
2010
2011
2012
2013
Xt�.ESIID1ENT1S U�t?�RT
Dear Shareholder:
In looking back on
2013
for Western Illinois Bancshares, I am reminded of the classic
tortoise and the hare story.
After experiencing our best year ever in
2012
with a
number of significant milestones, we knew it would be a tough act to follow. While
we would like to set new earnings records every year, the risk associated with interest
rates, credit and compliance often require us to pursue a more conservative, tortoise
like pace at times.
The community banking environment remains challenging due to extremely low
interest rate margins and what the industry refers to as "borrower fatigue".
2008,
December of
In
the Fed effectively moved interest rates to zero and there we
remain. Until rates start to move up, margins will remain compressed.
Since
2009,
overall industry credit quality has improved.
However, the weak
economic recovery along with concerns about new regulations has gradually eroded
the health of some of our small businesses and hurt consumers.
This has been
detrimental to both loan quality and demand.
Despite these headwinds,
2013
was another very successful year for the company and we remain optimistic
about the future. Our strong market position, improving loan demand, strong non-interest income, adequate
loan loss reserves and improved sensitivity to rising rates provide for a positive outlook.
$3,256,069 or $3.24 per share for the year. This compares to $3,616,750 in 2012,
$2,700,563 in 2010. At the bank level we achieved a 0.91% return on assets which
compares favorably with our peer group, which was at 0.86%. Our return on common equity was 12.84%.
Our earnings were
$3,272,443
in
2011
and
Credit quality is always a priority and even though our metrics deteriorated slightly last year, they remain
better than peers.
allowance, was at
21.14%.
Our Texas Ratio, which measures past due and non-performing loans to our loan loss
12.56%.
Our peer group is experiencing higher levels of problem loans with a ratio of
This past year we focused our efforts on the implementation and support of the numerous new initiatives that
were launched in
2012. These included a new retail banking platform, a document management system, a new
credit card program and a new online mortgage origination system.
In addition, we formally introduced Midwest Bank Wealth Management, which combines the resources of
both our retail investment and trust services. Through the efforts of our wealth management team, led by
Mark Brownlee, this has been very successful and should have a positive impact on our earnings this year and
in the future.
On the lending front, we added two new loan officers in 2013.
President serving the Quad City market area.
Rick Lasek joined the bank last May as a Vice
Blake Rappenecker joined the staff in Monmouth as an AVP of
Consumer Lending. Both are great additions to our staff.
Our combined holding company and bank Boards, along with Senior Management, recently met to chart our
company's course for the next five years. This was a very productive session and reinforced our commitment
to our shareholders, our employees and the communities we serve.
While we will always be looking to improve efficiencies and keep up with the fast changing technologies of our
industry, we are reminded every day that our business is all about people and relationships.
We are very
fortunate to have many great relationships in the communities we serve that would not exist without a
dedicated team of directors, officers and staff members.
I want to thank all of them for their extraordinary
service and commitment.
I
We greatly appreciate your support
Return on Assets
and look forward to continuing our
efforts in fulfilling the mission of
your company.
Cordially,
--Midwest Bank
--Peer Group
�:
0.8%
' 0.0%
•
iI !l 15%
I
I
President & CEO
I
10%
•
!
I
Christopher J. Gavin
--Peer Group
'20%
I
i
--Midwest Bank
I
; 1.5%
!
rl
Total Risk-Based Capital Ratio
5%
-0.8%
I
i-1.5%
I
�-----
2009
!1
Midwest Bank of Western Illinois
2010
2011
2012
2013
!
Net Interest Margin
--Midwest Bank
I
'
I
I
!
--Peer Group
5.0% .
I
0%
'
2009
iiI
2010
2011
2012
2013
--Midwest Bank
l
--Peer Group
40% .
30% .
2.5%
20%
1.3% .
10% .
--
�-----
2009
2010
2011
2012
2013
j
"
I
Texas Ratio
I
3.8% .
0.0%
!
2009
2010
2011
2012
2013
!
.- ..._, .
+
MBWI donated over $14,000 to Relay for Life raised from various
fundraising events.
+
Employee donations combined with the bank contribution resulted in
over $8,100 given to Warren County United Way and earned us the
United Way cup with over 97% employee participation.
+
255 Christmas gifts were collected from bank employees and
community members for the Jamieson center Angel Tree.
+
Employees donated $795 to City of Washington Tornado Relief Fund
and the bank kindly matched the donation making a total of $1590.
+
Midwest Bank co-sponsored its 10th harvest rally with a luncheon to
assist with the Dave Gillen Fall Harvest.
+
Over $8,500 was donated to local schools through our Chalk Up Money
for Schools program in 2013 as part of our ongoing priority to support
local education.
+
MBWI partnered with Prairie Radio Communications to host the 10th
annual spring and fall Ag Roundtables discussing local agriculture
issues and their impact on our future.
+
We hosted our first annual Midwest Bank Gives a Hoot SK, Kids Run
and Family Day and had over 90 runners/walkers.
+
Money was donated to both the Henderson and Mercer County
Historical societies.
+
Several employees volunteered their time to teach Junior Achievement
classes along with the bank donating $400 to the organization.
+
$1,000 was donated to the Galesburg Walmart Angel Tree to
purchase Christmas gifts for needy families in Knox County.
+
Donations were given to several food pantries in the area including
Pay it Forward Ministries Food Pantry, Henderson County Food
Pantry, Jamieson Center Food Pantry and the Mercer County Food
Pantry.
+
Several employees volunteered for the "Welcome to the Real World"
program designed to teach eighth grade students from Knox, Warren
and Henderson counties about finances and real world decision
making.
+
Funds were contributed to the Aledo Central Park Band Shell and
Aledo Main Street Project.
+
$2500 was given to the Galesburg Foundation Rotary Park renovation
project.
+
Employees celebrated Halloween by dressing up at the branches and
trick-or-treating our drive-through customers along with several local
preschools.
+
School supplies were collected and delivered to Project Now
Headstart Aledo and West Central Headstart.
+
Midwest Bank helped sponsored several events including the
Galesburg Public Schools Foundation Annual Rubber Duck Race,
Market Alley Music Days, Galesburg Railroad Days and the New
Windsor Rodeo.
2013
Assets
Cash and due from banks
Federal funds sold
Interest-bearing demand deposits in banks
Cash and cash equivalents
Interest-bearing time deposits in banks
Available-for-sale securities
Loans held for sale
2012
$14,502,099
2,949,000
6,702,912
l,951,J52
20,481,8B4
I6,45J,45I
8,416,760
8,J13,000
126,JOJ,046
125,923, I4J
l,876,69J
7,693,945
220,251,247
214,892,721
Premises and equipment, net of accumulated depreciation of $2,J98,601 and $2,JI0,8J5 at December JI, 2013 and 2012
6,846,I 80
7,J91,068
Federal Reserve and Federal Home loan Bank stock
3,317,220
3,317,220
Loans, net of allowance for loan losses of $2,874,710 and $J,241,451 at December JI, 2013 and 2012
foreclosed asset held for sale, net
389,718
997 ,0 I 5
IO,IJJ,718
8,568,540
Interest receivable
2,921,054
3,126,076
Deferred income taxes
1,472,542
202,733
257,672
272,818
13,088,442
I3,088,442
1,095,m
774,986
$29,554,188
$J1,504,084
I86,505,69J
171,722,172
Cash surrender value of life insurance
Mortgage servicing rights
Goodwill
Other
Total assets
Liabilities &
Stockholders'
Equity
$10,829,927
Demand deposit
Savings, NOW and money market deposits
IWWftHllWWJ1l!:I
Time deposits
96,724,SJO
96,874,498
Brokered deposits
13, 128,221
I0, I05,584
325,912,932
310,206,JJS
19,710,451
21,493,049
9,279,000
9,279,000
22,J97,800
Jl,197,800
Total deposit
Short-term borrowings
Subordinated debentures
Other borrowings
Interest payable
32,518
I06,811
Other liabilities
2,295,917
1,838,889
Total liabilities
J79,628,6 I 8
374,121,887
Preferred stock, 10,000,000 shares without par authorired; $1,000 liquidation preference:
3J5,000
Series B, 20IJ - 0 and 2012- JJ5 shares issued and outstanding
6,970,700
Series D, 2012 - 69,707 shares issued and outstanding
6,970,700
Common stock, $1 par value; authorired 10,000,000 and 1,004,720 shares issued and outstanding
1,004,720
1,004,720
2J,2J9,537
23,237,297
5,722,70J
3,42J, 11 O
285,43 I
1,922,444
37 ,223,091
J6,89J,27I
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income
Total stockholders' equity
Total liabilities and stocl<holders' e ui
20 1 2
2013
Interest & Dividend Income
Loans, including fm
$11,108,341
$11,939,320
Taxable
1,209,439
1,879,875
Tax-exempt
1,016,796
963, I 09
Debt securitiel:
Federal funds sold and other
118,843
55,598
Dividends
117,765
42,331
13,571,184
14,880,233
1,972,743
2,492,742
52,981
127,549
Total interest and dividend income
Interest Expense
Deposits
Short-term borrowings
Subordinated debentures
337,172
357,397
Other borrowings
S48,300
556,838
2,911,196
3,534,526
10,659,988
11,345,707
800,000
750,000
Total interest expense
Net Interest Income
Provision for Loan losses
Net Interest Income After Provision for Loan Losses
Non-Interest Income
Fiduciary activities
10,595,707
332,601
303,358
Customer service fees
1,042,717
1,023,730
Insurance commissions and other
1,051,423
971,108
Increase in cash surrender value of life insurance
315,178
264,90 I
Net realized gains on sales of available-for-sale securities
192,265
677,645
Mortgage banking, net
396,443
584,519
Gain on sale of premises and equipment
245,180
Other
Non-Interest Expense
9,859,988 '
172,987
230,849
Total noninterest income
3,748,794
4,056,110
Salaries and employee benefits
5,536,968
$5,427,840
Occupancy
702,698
706,882
Equipment
563,097
718,522
Data processing
5,969
32,285
Professional fees
291,810
430,637
Marketing
158,202
119,951
Printing and office supplies
108,787
I 08,961
Foreclosed assets, net
Deposit insurance premiums
63,28 1
125,914
224,182
462,059
Other
1,272,099
1,099,346
Total noninterest expense
8,927,093
9,232,397
Income Before Income Taxes
4,681,689
5,419,420
Provision for Income Taxes
1,425,620
1,802,670
Net Income
$3,2S6,069
ID.1(ti11i
Western Illinois Bancshares, Inc. Directors
Augustin S. Hart 111, President
Raymond E. Defenbaugh, Vice President
Christopher J. Gavin, Secretary & Treasurer
Scott T. Champion, Owner MCM Media and COO for Civitas Media
Dr. John Dooley, Anesthesiologist , Bettendorf, IA
Robert C. Fick, President of Mel Foster, Davenport, IA
C. Dean Hennenfent, Agribusiness
Robert A. Riley, Retired Owner/Operator of John Deere Dealership
Mark J. Sexton, Bart Bank Group, Attorney, St. Paul, MN
Midwest Bank of Western Illinois Directors
Raymond E. Defenbaugh, Board Chairman, President & CEO of Big River Resources
Robert A. Riley, Board Secretary, Retired Owner/Operator of John Deere Dealership
Leslie G. Allen, Retired Executive VP of Midwest Bank of Western Illinois
Marvin Dahlberg, CPA & Treasurer for the City of Galesburg
Dr. Mauri A. Ditzler, President of Monmouth College
Christopher J. Gavin, President & CEO of Midwest Bank of Western Illinois
Augustin S. Hart Ill, Agribusiness and Insurance
C. Dean Hennenfent, Agribusiness
Dr. Stephen A. Johnson, Dentist
Michael G. Luna, Owner/Operator of McDonalds, Monmouth and Aledo
Midwest Bank of Western Illinois Executive Officers
Christopher Gavin, President & CEO
Matt Gillen, Senior VP & Chief Credit Officer
Aaron Jensen, VP & Chief Operations Officer
Terri Hippen, VP Marketing & Human Resources
Amanda Campbell, VP & Chief Financial Officer
Brad Ray, VP Lending
Monmouth Locations
*Debbie Anderson, AVP Retail Banking
Aledo Location
Megan Haynes
*Marcy Anderson, VP Data Processing
Diana Mackey
*Sara Bockelman, AVP Sales & Marketing
Becky Moore
*Laurie Bodeen, Human Resources Officer
Ondria Moulden
*Jackie Burnett, Internal Auditor
*Kathy Cavanaugh, AVP Retail Lending
*Dina Chick, Bookkeeping Manager
*Brent Dugan, VP Consumer Banking
*Jackie Flater, AVP Electronic Banking
*Rachel Gibson, Branch Manager
*Derrick Johnston, AVP Commercial Lending
*Stephen Lanham, Network Operations
*Kim McKeown, Executive Secretary
*Kevin Murk, AVP Consumer Lending
*Blake Rappenecker, AVP Consumer Lending
Cesar Aceves
Carolyn Albert
Bonny Munson
Michelle Nelson
Brooke Robinson
Taylor Scanlon
Mary Schisler
Charmaine Shinn
Paula Sims
Alex Temple
Janet Thomas
Elisha Vancil
Debbie Von Kannon
Mary Walker
Marge Winebright
Angie Alberts
Janet Current
Christine Long
Melonie Mclaughlin
Teresa Schell
Judy Smith
Cassie Stone
Oquawka Location
*Lori Austin, AVP & Branch Manager
*Linda Reaves, Personal Banking Officer
Molly Jones
Robin Peel
Lisa Thompson
Susan Wright
Judy Zielkie
Quad City Area
Kristen Brownlee
Nita Cross
*Rex Johnson, VP & Market President
*Christy Shelton, Consumer Loan Officer
Galesburg Locations
Marnie Damewood
*Lance Oetting, VP & Market President
Lisa Davis
*Cindy Helvick, AVP & Branch Manager
Jaime DeCrane
*Nancy Berry, Mortgage Loan Officer
*Rick Lasek, VP & Market President
Midwest Bank Wealth Management
*Mark Brownlee, Sr. Investment Officer
Ashley Dye
Tracy Brown
*Dan Ashton, Trust Administration Officer
Mary Dysert
Judi Sopher
*Adam Carlson, Trust Operations Officer
Polly Elliott
Tara Dean
Jodi Chandler
Annie Fancher
Christy Flynn
Theresia Pettett
Violet Fleming
Eric Hoffman
Connie Frakes
Teresa Inness
Patrick Gavin
Alex Kane
Stefanie Gavin
Rhonda Laake
Kent Porter, President
Amber Gibson
Jennifer McMurl
Cris Hunt, VP Operations
Jay Grant
Jessica Shepard
Debbie Meeker-King, Monmouth Location
Cassie Griffin
Ashley Shonkwiler
Sharon Lopeman
Teresa Harris
Jackie Telander
Darcy Tate
Porter Insurance
*
denotes bank officer
FRY·6
Page 2 of 2
For Use By Tiered Holding Companies
Top-tiered holding companies must list the names, mailing address, and physical locations of each of their subsidiary holding companies
below.
Legal Title of Subsidiary Holding Company
Legal Title of Subsidiary Holding Company
(Mailing Address of the Subsidiary Holding Company) Street I P.O. Box
(Mailing Address of the Subsidiary Holding Company) Street I P.O. Box
City
State
Zip Code
City
State
Zip Code
Physical location (if different from mailing address)
Physical location (if different from mailing address)
Legal 1itle of Subsidiary Holding Company
Legal 1itle of Subsidiary Holding Company
(Mailing Address of the Subsidiary Holding Company) Street I PO
. . Box
(Mailing Address of the Subsidiary Holding Company) Street I P.O. Box
City
State
Zip Code
City
State
Zip Code
Physical location (if different from mailing address)
Physical location (if different from mailing address)
Legal Title of Subsidiary Holding Company
Legal Title of Subsidiary Holding Company
(Mailing Address of the Subsidiary Holding Company) Street I PO
. . Box
(Mailing Address of the Subsidiary Holding Company) Street I P.O. Box
City
State
Zip Code
City
State
Zip Code
Physical location (if different from mailing address)
Physical location (if different from mailing address)
Legal Trtle of Subsidiary Holding Company
Legal Title of Subsidiary Holding Company
(Mailing Address of the Subsidiary Holding Company) Street I P.O. Box
(Mailing Address of the Subsidiary Holding Company) Street I P.O. Box
City
State
Physical location (if different from mailing address)
Zip Code
City
State
Zip Code
Physical location (if different from mailing address)
1212012
Form FR Y-6
Western Illinois Bancshares, Inc.
Monmouth, Illinois
Fiscal Year Ending December 31, 2013
Report Item
1:
The bank holding company does prepare an annual report for its shareholders.
A copy of the annual report will be forwarded when it is completed.
2:
Organizational Chart
Western Illinois Bancshares, Inc.
Located: Monmouth, Illinois
Incorporated: Iowa
100%
100%
100%
Midwest Bank of Western Illinois
WIB Trust I
WIB Trust II
Located: Monmouth, IL
Located: Monmouth, IL
Located: Monmouth, Illinois
Incorporated: Illinois
Incorporated: Illinois
Incorporated: Illinois
100%
Porter InsuranceAgency, Inc.
Located: Alexis, Illinois
Incorporated: Illinois
Results: A ltst of branches for your holding company: WESTER;N ILLIN015 BANCSHARES, INC. {3356632) of MONMOUTH, IL.
The data are as of 12/31/2013. Data reflects information that was received ilnd processed throughOt/07/2014.
Rqncjliation andVerification Steps
1. In the Data Action column ofeach branch row, enter one or more of the actions speclfied below.
2. If required, enter the date In the Effective �te column.
ote: If the branch information Is correct, enter 'OK' In lhe Dahl Action column.
Chance: tf the branch lnformiltlon is Incorrect or incomplete, revise tlie dna, enter 'Change' In the Data Act.ion column and the date when this tnformiltron first became valid in the Effecti11e Date column.
Close: If a branch listed was sold or closed, enter'dose' In the Data A.ti.ion coh.1mn and the sale or closure date in the Effective Date column.
Dekte: If a branch listed was never owned by this depository fnst!tution, enter'Delete' In the Dahl Action column.
Add: If a reportable brandi !s missing, insert a row, add the branch data, and enter 'Add' In the Data Action column and the opening or acquisition date In the Effectiv1t Dille column.
If printing this list, you may need to adjust your page setup In MS Excl!'I. Try using landscape orientallon, page scaling. and/or legal sized paper.
r
ftdun
SUbrnlulonPo
When you are finished, send a saved copy to yourFRB contact. See the detailed Instructions on thl$ site for more Information.
tfyou are e-mail!ng this to your FRB contact, put your Institution name, city and state In the subject Une of the e-ma!I.
Note :
To satisfy the
FR Y-10 repcrtln1 r�uirements, you must also submit FR Y·lO Domestic Branch schedules for each branch with a Data Action of Changl!' ,Close, Delete, or Add.
TheFR Y·lO report may be submitted in a hardcopy format or via the FR Y·100nline application· Mtps://ylOOnllne.fedl!'ralreserve.gov.
•FDIC UNINUM, Office Number, and ID_RSSD columns are for referl!'ncl!' only. Verification ofthese valul!'s is not required.
Data Action EffectiwDllt•
,,
,,
,,
,,
,,
,,
,,
ok
Bra nch Sel'Vice Tvoe
Branch ID_Rsso•
PopuluN1me
709143 MIDWEST BANK OF WESTERN ILLINOlS
Street Address
dty
State Zip Code
County
200 EASTBROADWAY
MONMOUTH
IL
61462-17 WARREN
200 SOUTHEAST 13TH AVENUE COURT
ALE DO
IL
61231
MER aR
2503680 612 WEST MAIN STREET BRANCH
612 WEST MAIN STREET
GALESBURG
IL
61401
KNOX
3735077 GALESBURG BRANCH
2558 NORTH SEMINARY STREET
GALESBURG
IL
61401
KNOX
llmlted�rvice
2092634 VILLAGE BANKING CENTER FACILITY
106 SOUTH KIRK STREET
KIRKWOOD
IL
61447
WARREN
llmitl!'d Service
3075595 COUNTY MARKET BANKING CENTER
1120 NORTH 6TH STREET
MONMOUTH IL
61462
WARREN
Full Service
4097419 VENTURE
Full service (Head Office)
Full Service
3075586 ALEDO BRANQ-1
Full Service
Full Service
Full Service
PLAZA BRANCH
794046 OQUAWKA BANKING CENTER
1150 N 6TH
ST STE A
SI XTH STREET AND SCHUYUR STREET
Country
FDICUNINUM' Office Number'
HHdOffice
Head Office ID_RSSD'
UNITED STATES
2377
0 MIDWEST BANK OF W ESTERN ILLINOl5
709143
UNITED STATES
278222
S MIDWEST BANK OF WESTERN 1LUNOIS
709143
UNITED STATES
201783
4 MIDWEST BANK Of WESTERN ILUNOIS
709143
UNITED STATES
7 MIDWEST BANK Of WESTERN ILLJNOIS
709143
UNITED STATES
4 7B305
2 017B2
2 MIDWEST BANK OF WESTERN IL LINOIS
709143
UNITED STATES
361372
6
MIDWEST BANK OF WESTERN ILLINOl5
709143
MONMOUTH
IL
61462
WARRiEN
UNITED STATES
490042
8 MIDWEST BANK OF WESTERN ILLINOl5
709143
OQUAWKA
IL
61469
HENDERSON
UNITED STATES
6952
3 MIDWEST BANK OF WESTERN ILLINOIS
709143
Comments
Page 1of1
Branch Data Verification
�
,
.
.. ,.--. - :;,
ReseriJe SySfemof.Governors of.the. 'Fedetar
. Board
:-.. · ·>.. ··-'.<· .·
·.,: ':.: - ��// .: ' . _.,_.-.· .; ,:;, ;·>::_._ii � -�-'( :·_' '.f�;�:-��:J:'·\·:� ·,> ,..··,_;- .-_-. ! '.:'�:/�-�-->'·�': ;_>;�=-:. :',-.:_" '.'
::
_
Y�rifif- .�tion
.F.RY;6· [)f:: positor'(lnstihJti_on:.,Bra_nch-pcitc:i�
.. . ·...
. ..
.
..
.
. .. ... :-·�···
: "'
.
,,- ... ··- .
•.
.
,,_ .
'.
'
-� ._
_
.
_'.
-
·
.
Back to Search Results
Branches for Selected Institution
A list of branches for your depository institution: MIDWEST BANK OF WESTERN ILLINOIS (ID_RSSD: 709143).
his depository institution is held by WESTERN ILLINOIS BANCSHARES, INC. (3356632) of MONMOUTH, IL
The data are as of 12/31/2013.
Save a copy of this list by clicking the download button below. When asked if you would like to open or save this file, choose
the 'Save' button. Make corrections to your saved copy and then send it to your FRB contact. See the detailed instructions (linked
above) for more information.
I
iO�i5awnlaa·ci-L.1�110':EXt:tii'Branch
Service
Type
�
�
�
�
rY
�
Branch
ID_RSSD*
Popular Name
Institutions: 1 to 8 of 8
Street Address
City
709143
MIDWEST BANK
OF WESTERN
ILLINOIS
200 EAST
BROADWAY
MONMOUTH
Full Service
3075586
ALEDO BRANCH
200 SOUTHEAST
13TH AVENUE
COURT
ALEDO
Full Service
2503680
Full Service
3735077
Full Service
(Head
Office)
Limited
Service
Limited
Service
612 WEST MAIN
612 WEST MAIN
STREET BRANCH
STREET
GALESBURG
BRANCH
2558 NORTH
SEMINARY
STREET
VILI.AGE
2092634
3075595
BANKING CENTER
FACILITY
106 SOUTH KIRK
STREET
COUNTY MARKET
1120 NORTH 6TH
BANKING CENTER
STREET
1150 N 6TH ST
STE A
�
Full Service
4097419
VENTURE PLAZA
BRANCH
tY
Full Service
794046
OQUAWKA
BANKING CENTER
GALESBURG
State
IL
IL
IL
GALESBURG IL
Zip
Code
614621764
61231
61401
61401
County
WARREN
MERCER
KNOX
KNOX
KIRKWOOD
IL
61447
WARREN
MONMOUTH
IL
61462
WARREN
FDIC
UNINUM*
2377
UNITED
STATES
278222
UNITED
UNITED
STATES
UNITED
STATES
UNITED
STATES
Head Office
Head Office
ID_RSSD*'
MIDWEST BANK
UNITED
STATES
STATES
Office
Number*
OF WESTERN
709143
ILLINOIS
MIDWEST BANK
5
OF WESTERN
709143
ILLINOIS
MIDWEST BANK
201783
4
OF WESTERN
709143
ILLINOIS
MIDWEST BANK
478305
OF WESTERN
709143
ILLINOIS
201782
2
MIDWEST BANK
OF WESTERN
IWNOIS
709143
MIDWEST BANK
361372
OF WESTERN
709143
ILLINOIS
MONMOUTH
IL
61462
WARREN
UNITED
STATES
490042
MIDWEST BANK
OF WESTERN
IWNOIS
709143
OQUAWKA
IL
61469
HENDERSON
UNITED
STATES
6952
MIDWEST BANK
OF WESTERN
ILLINOIS
709143
SIXTH STREET
AND SCHUYLER
STREET
Country
'"'FDIC UNINUM, Office Number, and ID_RSSD columns are for reference only. Verification of these values Is not required.
http://structurelists.federalreserve.gov/Default.aspx
3/12/2014
- .
... 'w
Form FR Y-6
Western Illinois Bancshares, Inc.
Monmouth, Illinois
Fiscal Year Ending December 31, 2013
Report Item 3: Shareholders
(1)(a)(b )(c )
Current Shareholders with ownership, control or holdings of 5% or more with power to
vote as of fiscal year ending 12/31/13
Name & Address
Country of
Number and Percentage of
(City, State)
Citizenship
Each Class of Voting Securities
Augustin S. Hart Ill
USA
81,160 - 8.08% common stock
Oquawka, Illinois
Rebbessa S Hart
USA
Oquawka, Illinois
2,800 - 0.28% common stock
Broadwaters Partnership, L.P.
USA
20,000 - 1.99% common stock
C. Dean Hennenfent
USA
70,500 - 7.02% common stock
Alexis, Illinois
Preferred convertible
Brookfield, Wisconsin
**
Mr. Hart votes
for this entity.
500
80,000 - 7.96% common stock
(2 )(a )( b)(c )
Shareholders not listed above that had ownership, control or holdings of 5% or more with
power to vote during the fiscal year ending 12/31/13
None
Form FR Y-6
Western Illinois Bancshares, Inc.
Monmout11, Illinois
Fiscal Year Ending December 31, 2013
Report Item 4: Insiders
(1),(2),(3)(a)(b) (c ) and (4) (a) (b) (c )
Percentage
Percentage
Name & Address (City,
State, Country)
Augustin S. Hart Ill
of Voting
Principal
Title and
of Voting
Shares in
Occupation if
Position with
Shares in
Subsidiaries
other than with
Title & Position
Bank
(include
List names of other companies (includes
Bank Holding
with Bank Holding (include name of Title and Position with Other Businesses
Holding
name of
partnerships) if 25% or more of voting securities are
Company
Company
subsidiaries)
( include name of businesses)
Company
subsidiaries)
held
Agribusiness
Director &
NIA
Managing member-Oquawka Locomotive Co., l
Subsidiaries
President
Oquawka, Illinois
USA
8.08%
None
Oquawka Locomotive - 100%
Partner - Enterprising Brothers
Enterprising Brothers - 50%
Managing Member - Oquawka Fuels
Oquawka Fuels - 100%
President - B4 Ranch LLC
Broadwaters Inc - 25%
President - Hart Arizona LLC
Hancock Ass. - 33% voting 8.4% non-voting
Managing Partner - Broadwaters L P
Hart Arizona LLC - 25%
,�
,.
President - Broadwaters Inc.
Managing Partner - Hart Lake Forest LLC
·"
_,
'"
Co- President - Hancock Associates Inc
·�
Sec!Treasurer - Team Frick Technologies LTD
�
Sec!Treasurer - Universal Ladder LLC
'i
Shareholder-River Valley Bancorp
"'
1I
Member - Nchipps LLC
Connected to Gus Hart:
Rebecca Smith Hart
Retired
N/A
NIA
NIA
0.28%
N/A
Broadwaters L P
N/A
NIA
N/A
N/A
1.99%
N/A
Raymond E. Defenbaugh
Agribusiness
Director &
N/A
Chairman, Director, President, CEO - Big River
Biggsville, Illinois
Resources LLC
4.88%
None
President, Director - Big River Co-op
Vice President
President -Pattee Foundation
I
Treasurer, BOD - Big River Resources United
Director &
President
Monmouth, Illinois
Secretary/
Midwest Bank of
USA
Treasurer
Western Illinois
Christopher J. Gavin
Banking
Member - Gavin Farms
2.47%
None
None
1
Percentage
Percentage
of Voting
Principal
Title and
of Voting
Shares in
Occupation if
Position with
Shares in
Subsidiaries
Subsidiaries
Bank
(include
List names of other companies (includes
Holding
name of
partnerships) if 25% or more of voting securities are
Company
subsidiaries) held
other than with
Title & Position
Name & Address (City,
Bank Holding
State, Country)
Company
with Bank Holding (include name of Title and Position with Other Businesses
Company
subsidiaries)
(include name of businesses)
Scott Champion
Publishing
Director
N/A
Owner - Champion Hair Stylist
1.95%
None
Champion Hair Stylist-100%
Thief River Falls 90%
CEO - Thief River Falls Times
Monmouth, Illinois
USA
John Dooley
Physician
Director
N/A
Member-Mississippi Medical Plaza LLC
None
None
Anesthesia & Pain Consultants PC - 100%
Davenport, Iowa
Member - MMP Development LLC
Pain Consultants PC - 100%
USA
President -Dooley Farm LLC
AgVen Ill - 33%
President - Anesthesia & Pain Consultants PC
J&J Air LLC - 50%
President - Pain Consultants PC
Agven II LLC - 50%
Member-Agven LLC
KJD Holdings LLC - 50%
Member - Agven II LLC
President - Agven \\I LLC
Director-Big River Resources LLC
Vice President - J&J Air LLC
Member-Troika Holdings LLC
Member-Westgate Investors LLC
Manager - KJD Holdings LLC
Agribusiness
Director
N/A
Robert A. Riley
Farm Implement Director
N/A
Monmouth, l\linois
Dealer
C. Dean Hennenfent
Owner/Operator-Hennenfent Farms
7.96%
None
Hennenfent Farms - 100%
Director -OSF Holy Family Medical Center
2.93%
None
None
None
None
MAJ Company - 26%
Alexis, Illinois
USA
Director - Warren Achievement Foundation
USA
Mark J. Sexton
St. Paul, Minnesota
USA
Director - CMC Hospital Foundation
Lawyer
Director
NIA
MAJ Co
FBAK Co
SGSG Investment Co
Monmouth Co
Albatross Investment
.
)
.,
AAMS Partnership
Ashton Agency Inc
'!?
River Ventures I & II
1
Investment Trustee
.-Ji
American Savings Bank
�
Readlyn Savings Bank
First State Bank Britt
2
Percentage
Name & Address (City,
State, Country)
Percentage
of Voting
Principal
Title and
of Voting
Shares in
Occupation if
Position with
Shares in
Subsidiaries
Subsidiaries
Bank
List names of other companies (includes
other than with
Title & Position
Bank Holding
with Bank Holding (include name of Title and Position with Other Businesses
Holding
(include
name of
Company
Company
Company
subsidiaries) held
subsidiaries)
(include name of businesses)
partnerships) if 25% or more of voting securities are
First State Bank Nashua
Ashton State Bank
Director-GNB Bancorp
Rob C. Fick
Davenport, IA
Real Estate
Director
N/A
53rd St. Joint Venture Phase II
Barr Farm LC
None
None
Rob Fick Inc owns:
Dexter Acres Phase Ill LC - 25%
Bezdek Developers LC
Eastern Avenue Comm Developers LC - 25%
Brus Farm LC
Fick Brothers LLC - 75%
Century Heights Limited Partnership
Hopewell Farm LC - 25%
Century Heights Phase II LC
Karil Farm LC - 35%
Cumberland Square LC
Musal Tract LC-30%
Cumberland Square Phase II LC
Ridges LC - 25%
Dexter Acres Phase 111 LC
Transition Partners LC - 50%
Eastern Avenue Comm Developers LC
Eldridge Commercial Developers LC
Mel Foster Co. Properties of Iowa owns:
Eldridge Convenience Centre LC
53rd St. Joint Venture Phase II - 45%
Eldridge Industrial Developers LC
Barr Farm LC - 65%
Elmore Commercial Investors LC
Bezdek Developers LC-50%
Fick Brothers LLC
Brus Farm LC-50%
Forest Grove Farm LC
Century Heights Limited Partnership - 80%
FWH LLC
Century Heights Phase II LC-50%
Goodyear Corners LC
Cumberland Square LC - 30%
Hidden Hills Golf Club LC
Cumberland Square Phase II LC - 43.60%
Hopewell Farm LC
Dexter Acres Phase Ill LC - 60%
Jersey Meadows Comm Developers LC
Eastern Avenue Comm Developers LC - 25%
Karil Farm LC
Eldridge Commercial Developers LC - 30%
Kimberly Park Partners
Eldridge Convenience Centre LC - 25%
Maple Leaf Farm LLC
Eldridge Industrial Developers LC - 37.78%
Mel Foster Co of Illinois
Elmore Commercial Investors LC-41.18%
Mel Foster Co Inc of Iowa
Forest Grove Farm LC - 100%
Mel Foster Co Properties Inc of Illinois
Goodyear Corners LC - 40%
Mel Foster Co Properties Inc of Iowa
Hidden Hills Golf Club LC - 100%
Mel Foster Co. Inc
Hopewell Farm LC-50%
Mel Foster Co. Insurance, Inc
Jersey Meadows Comm Developers LC-65%
Mel Foster Co. Management Services Inc
Karil Farm LC-35%
Mel Foster Mortgage Co Investors LC
Kimberly Park Partners - 50%
Melian LC
Mel Foster Mortgage Co Investors LC-60.38%
Meltodd Farm LC
Melian LC - 50%
3
Percentage
Percentage
of Voting
Principal
Title and
of Voting
Shares in
Occupation if
Position with
Shares in
Subsidiaries
Subsidiaries
Bank
other than with
Title & Position
(include
List names of other companies (includes
Name & Address (City,
Bank Holding
with Bank Holding (include name of Title and Position with Other Businesses
Holding
name of
partnerships) if 25% or more of voting securities are
State, Country)
Company
Company
Company
subsidiaries) held
subsidiaries)
(include name of businesses)
Meltodd Valley LC
Meltodd Valley LC
Middel Road Developers LC
Middel Road Developers LC - 40%
Muhs Tracts LC
Musal Tract LC
Musa! Tract LC
Muscantine Warehouse LLC
Muscantine Warehouse LLC
Ridges LC
-
-
-
25%
50%
-
50%
50%
Nchipps, LLC
Saber Highlands LC - 100%
Quick Covers LC
Sheridan LC - 25%
Ridges LC
T.D. Building LC - 100%
Rob Fick Inc
Total Detailing Auto Spa LLC - 50%
Saber Highlands LC
Townsend Farm Developers LC - 60%
Sheridan LC
Townsend Farm Phase II LC - 85%
T.D. Building LC
Trade Farm LC - 66.67%
Take Charge
Transition Partners LC - 50%
The Bluffs @Case Creek LLC
TMI Home Warranty LLC
Rob Fick owns:
Total Detailing Auto Spa LLC
FWH LLC - 33.30%
Townsend Farm Developers LC
Maple Leaf Farm LLC
Townsend Farm Phase II LC
Mel Foster Co of Illinois - 100%
Trade Farm LC
Mel Foster Co Inc of Iowa - 100%
Transition Partners LC
Mel Foster Co Properties Inc of Illinois - 100%
-
100%
Mel Foster Co Properties Inc of Iowa - 100%
Mel Foster Co. Inc - 100%
Mel Foster Co. Insurance, Inc - 100%
Mel Foster Co. Management Services Inc - 100%
Nchipps, LLC - 31.89%
Rob Fick Inc - 100%
The Bluffs @ Case Creek LLC
-
100%
'·l.·
,.
!
4

Download Report