FDIC Certificate #: 10805 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Bank of Pontiac (#16982) Federal Reserve ID: 727530 Date Established: April 14, 1855 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 6911 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: January 01, 1934 Last Structure Change Effective Date: July 23, 2010 Last Structure Change Process Date: August 04, 2010 Last Data Update: August 04, 2010 Data Source Date: April 05, 2012
Location
Address: 132 East Main, Dwight, IL 60420 County: Livingston 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): Pontiac, IL (#38700) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $57.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
11Total employees (full-time equivalent)
$58,429Total assets
$2,263Cash and due from depository institutions
$0Interest-bearing balances
$22,606Securities
$4,957Federal funds sold & reverse repurchase agreements
$26,918Net loans & leases
$501Loan loss allowance
$0Trading account assets
$169Bank premises and fixed assets
$85Other real estate owned
$160Goodwill and other intangibles
$0Life insurance assets
$1,271All other assets
$58,429Total liabilities and capital
$52,921Total liabilities
$52,515Total deposits
$48,882Interest-bearing deposits
$52,515Deposits held in domestic offices
80.18%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$406All other liabilities
$5,508Total equity capital
$5,508Total bank equity capital
$5,508Perpetual preferred stock
$0Common stock
$240Surplus
$3,573Undivided profits
Memoranda
$1,695Noncurrent loans and leases
$982Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,262Earning assets
$0Long-term assets (5+ years)
$379Average Assets, year-to-date
$54,481Average Assets, quarterly
$19,520Volatile liabilities
$52,926Insider loans
$56,948FHLB advances
$17,847Loans and leases held for sale
$616Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$982Total unused commitments
$0Restructured Loans and leases
$371Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$2,565Total interest income
$1,037Total interest expense
$1,528Net interest income
$364Provision for loan and lease losses
$128Total noninterest income
$0Fiduciary activities
$83Service charges on deposit accounts
$0Trading account gains & fees
$45Additional noninterest income
$941Total noninterest expense
$504Salaries and employee benefits
$76Premises and equipment expense
$361Additional noninterest expense
$351Pre-tax net operating income
-$68Securities gains (losses)
$39Applicable income taxes
$244Income before extraordinary items
$0Extraordinary gains - net
$244Net income attributable to bank
$0Net charge-offs
$244Cash dividends
$335Sale, conversion, retirement of capital stock, net
$75Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.24%Yield on earning assets
2.12%Cost of funding earning assets
3.12%Net interest margin
0.26%Noninterest income to earning assets
1.92%Noninterest expense to earning assets
0.57%Net operating income to assets
0.46%Return on assets (ROA)
0.53%Pretax return on assets
4.56%Return on equity (ROE)
3.16%Retained earnings to average equity (YTD only)
1.22%Net charge-offs to loans
108.66%Credit loss provision to net charge-offs
2.13%Efficiency ratio
56,824Assets per employee
5.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
30.74%Loss allowance to loans
1.83%Loss allowance to noncurrent loans
39.70%Noncurrent assets plus other real estate owned to assets
2.31%Noncurrent loans to loans
4.60%Net loans and leases to deposits
51.26%Net loans and leases to core deposits
77.65%Equity capital to assets
9.43%Core capital (leverage) ratio
9.14%Tier 1 risk-based capital ratio
17.31%Total risk-based capital ratio
Memoranda
$19Average assets
$52,926Average earning assets
$5,348Average equity
$48,988Average loans
Total Fiduciary and Related Assets (December 31, 2001)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$71Managed Assets
1Number of Accounts
$71Personal trust and agency accounts
$71Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
8Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
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