FDIC Certificate #: 30385 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The First National Bank of Danville (#3644) Federal Reserve ID: 326670 Date Established: January 01, 1888 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 5263 FDIC's unique #: 43219 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: January 17, 1955 Last Structure Change Effective Date: August 26, 2005 Last Structure Change Process Date: September 01, 2005 Last Data Update: September 01, 2005 Data Source Date: April 05, 2012
Location
Address: 714 N Vermilion Street, Danville, IL 61832 County: Vermilion Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Champaign Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Core Based Statistical Area (CBSA): Danville, IL (#19180) CBSA Metro Statistical Area: Danville, IL (#19180)
Financial Summary
Total assets: $46.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2004)
Dollar figures in thousands
13Total employees (full-time equivalent)
$50,253Total assets
$4,267Cash and due from depository institutions
$4,036Interest-bearing balances
$9,995Securities
$0Federal funds sold & reverse repurchase agreements
$33,576Net loans & leases
$199Loan loss allowance
$0Trading account assets
$1,237Bank premises and fixed assets
$40Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,138All other assets
$50,253Total liabilities and capital
$45,374Total liabilities
$31,750Total deposits
$29,776Interest-bearing deposits
$31,750Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$13,400Other borrowed funds
$0Subordinated debt
$224All other liabilities
$4,879Total equity capital
$4,879Total bank equity capital
$4,879Perpetual preferred stock
$0Common stock
$0Surplus
$2,917Undivided profits
Memoranda
$1,962Noncurrent loans and leases
$750Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$267Earning assets
$0Long-term assets (5+ years)
$225Average Assets, year-to-date
$47,607Average Assets, quarterly
$28,433Volatile liabilities
$50,134Insider loans
$50,110FHLB advances
$9,824Loans and leases held for sale
$232Unused loan commitments
$13,400Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$750Total unused commitments
$0Restructured Loans and leases
$199Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$2,935Total interest income
$1,373Total interest expense
$1,562Net interest income
$35Provision for loan and lease losses
$60Total noninterest income
$0Fiduciary activities
$46Service charges on deposit accounts
$0Trading account gains & fees
$14Additional noninterest income
$1,126Total noninterest expense
$629Salaries and employee benefits
$205Premises and equipment expense
$292Additional noninterest expense
$461Pre-tax net operating income
$0Securities gains (losses)
$173Applicable income taxes
$288Income before extraordinary items
$0Extraordinary gains - net
$288Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$30Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.20%Yield on earning assets
2.90%Cost of funding earning assets
3.30%Net interest margin
0.13%Noninterest income to earning assets
2.38%Noninterest expense to earning assets
0.57%Net operating income to assets
0.57%Return on assets (ROA)
0.92%Pretax return on assets
6.20%Return on equity (ROE)
6.20%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
116.67%Credit loss provision to net charge-offs
16.53%Efficiency ratio
69,420Assets per employee
3.87%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.59%Loss allowance to noncurrent loans
74.53%Noncurrent assets plus other real estate owned to assets
0.61%Noncurrent loans to loans
0.79%Net loans and leases to deposits
105.75%Net loans and leases to core deposits
127.06%Equity capital to assets
9.71%Core capital (leverage) ratio
9.92%Tier 1 risk-based capital ratio
20.89%Total risk-based capital ratio
Memoranda
$22Average assets
$50,134Average earning assets
$4,643Average equity
$47,358Average loans
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