Citizens First National Bank of Genoa in Genoa, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 11, 1994

  • Citizens First National Bank of Genoa in Genoa, Illinois (IL)
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Citizens First National Bank of Genoa - Overview

  • General
  • FDIC Certificate #: 10815
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citizens First National Bank (#3731)
    Federal Reserve ID: 746335
    Date Established: May 01, 1930
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 6918
    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: January 01, 1934
    Last Structure Change Effective Date: Febuary 11, 1994
    Last Structure Change Process Date: Febuary 24, 1994
    Last Data Update: Febuary 24, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 327 West Main Street, Genoa, IL 60135
    County: Dekalb
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Chicago
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Chicago, IL (#1600)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Chicago-Joliet-Naperville, IL (#16974)
  • Financial Summary
  • Total assets: $43.3 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $22Total assets
  • $43,252Cash and due from depository institutions
  • $2,024Interest-bearing balances
  • $0Securities
  • $20,947Federal funds sold & reverse repurchase agreements
  • $2,200Net loans & leases
  • $16,743Loan loss allowance
  • $118Trading account assets
  • $0Bank premises and fixed assets
  • $815Other real estate owned
  • $0Goodwill and other intangibles
  • $523Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $43,252Total liabilities
  • $39,139Total deposits
  • $38,741Interest-bearing deposits
  • $34,116Deposits held in domestic offices
  • 38741.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $123Subordinated debt
  • $0All other liabilities
  • $275Total equity capital
  • $275Total bank equity capital
  • $4,113Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $1,134Undivided profits
  • Memoranda
  • $2,779Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $122Income earned, not collected on loans
  • $194Earning assets
  • $39,890Long-term assets (5+ years)
  • $1,291Average Assets, year-to-date
  • $41,570Average Assets, quarterly
  • $42,390Volatile liabilities
  • $1,847Insider loans
  • $213FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,924Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,022Total risk weighted assets
  • $17,788Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,742Total interest expense
  • $1,190Net interest income
  • $1,552Provision for loan and lease losses
  • $0Total noninterest income
  • $254Fiduciary activities
  • $0Service charges on deposit accounts
  • $207Trading account gains & fees
  • $0Additional noninterest income
  • $47Total noninterest expense
  • $1,218Salaries and employee benefits
  • $593Premises and equipment expense
  • $145Additional noninterest expense
  • $480Pre-tax net operating income
  • $588Securities gains (losses)
  • $0Applicable income taxes
  • $127Income before extraordinary items
  • $461Extraordinary gains - net
  • $0Net income attributable to bank
  • $461Net charge-offs
  • $18Cash dividends
  • $150Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.09%Cost of funding earning assets
  • 3.08%Net interest margin
  • 4.01%Noninterest income to earning assets
  • 0.66%Noninterest expense to earning assets
  • 3.15%Net operating income to assets
  • 1.11%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 1.41%Return on equity (ROE)
  • 11.83%Retained earnings to average equity (YTD only)
  • 7.98%Net charge-offs to loans
  • 0.11%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 67,442Assets per employee
  • 1.97%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 32.54%Loss allowance to loans
  • 0.70%Loss allowance to noncurrent loans
  • 96.72%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.72%Net loans and leases to deposits
  • 43.22%Net loans and leases to core deposits
  • 45.23%Equity capital to assets
  • 9.51%Core capital (leverage) ratio
  • 9.55%Tier 1 risk-based capital ratio
  • 22.61%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $41,570Average earning assets
  • $3,898Average equity
  • $38,678Average loans

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