Boatmen's National Bank of Coles County in Charleston, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 13, 1997

Boatmen's National Bank of Coles County in Charleston, Illinois (IL)
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Boatmen's National Bank of Coles County - Overview

General
FDIC Certificate #: 13969
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank of America, National Association (#15802)
Federal Reserve ID: 518233
Date Established: Febuary 23, 1934
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Interstate: No)
FDIC's unique #: 8739
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: Febuary 23, 1934
Last Structure Change Effective Date: June 13, 1997
Last Structure Change Process Date: June 24, 1997
Last Data Update: June 24, 1997
Data Source Date: April 05, 2012
Location
Address: 6th And Monroe Streets, Charleston, IL 61920
County: Coles
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Atlanta
FDIC Field Office: Champaign
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Charleston-Mattoon, IL (#16660)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $138.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$54Total assets
$122,006Cash and due from depository institutions
$2,625Interest-bearing balances
$0Securities
$30,717Federal funds sold & reverse repurchase agreements
$8,675Net loans & leases
$76,112Loan loss allowance
$1,364Trading account assets
$0Bank premises and fixed assets
$2,145Other real estate owned
$0Goodwill and other intangibles
$1,732Life insurance assets
$0All other assets
$0Total liabilities and capital
$122,006Total liabilities
$111,498Total deposits
$99,546Interest-bearing deposits
$86,122Deposits held in domestic offices
99546.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$10,516Trading liabilities
$0Other borrowed funds
$84Subordinated debt
$0All other liabilities
$1,352Total equity capital
$1,352Total bank equity capital
$10,508Perpetual preferred stock
$0Common stock
$1,600Surplus
$3,700Undivided profits
Memoranda
$5,208Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$351Income earned, not collected on loans
$838Earning assets
$115,504Long-term assets (5+ years)
$15,434Average Assets, year-to-date
$116,547Average Assets, quarterly
$121,222Volatile liabilities
$13,689Insider loans
$330FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$4,811Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$10,524Total risk weighted assets
$72,989Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$8,527Total interest expense
$3,652Net interest income
$4,875Provision for loan and lease losses
$15Total noninterest income
$923Fiduciary activities
$0Service charges on deposit accounts
$571Trading account gains & fees
$0Additional noninterest income
$352Total noninterest expense
$3,020Salaries and employee benefits
$1,636Premises and equipment expense
$293Additional noninterest expense
$1,091Pre-tax net operating income
$2,763Securities gains (losses)
$3Applicable income taxes
$781Income before extraordinary items
$1,985Extraordinary gains - net
$0Net income attributable to bank
$1,985Net charge-offs
$56Cash dividends
$1,697Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.71%Cost of funding earning assets
3.30%Net interest margin
4.41%Noninterest income to earning assets
0.84%Noninterest expense to earning assets
2.73%Net operating income to assets
1.70%Return on assets (ROA)
1.70%Pretax return on assets
2.37%Return on equity (ROE)
19.41%Retained earnings to average equity (YTD only)
2.82%Net charge-offs to loans
0.08%Credit loss provision to net charge-offs
26.79%Efficiency ratio
52,087Assets per employee
2.26%Cash dividends to net income (YTD only)
Condition Ratios (%)
85.49%Loss allowance to loans
1.76%Loss allowance to noncurrent loans
388.60%Noncurrent assets plus other real estate owned to assets
0.29%Noncurrent loans to loans
0.45%Net loans and leases to deposits
76.46%Net loans and leases to core deposits
78.91%Equity capital to assets
8.61%Core capital (leverage) ratio
8.74%Tier 1 risk-based capital ratio
14.42%Total risk-based capital ratio
Memoranda
$16Average assets
$116,547Average earning assets
$10,229Average equity
$110,527Average loans

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