Citizens National Bank in Macomb, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 22, 2009

  • Citizens National Bank in Macomb, Illinois (IL)
  • Show street view No street view available for this location

Citizens National Bank - Overview

  • General
  • FDIC Certificate #: 5757
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Morton Community Bank (#18429)
    Federal Reserve ID: 295637
    Date Established: January 01, 1890
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Interstate: No)
    OTS Docket #: 11314
    FDIC's unique #: 3928
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 22, 2009
    Last Structure Change Process Date: May 26, 2009
    Last Data Update: May 26, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 127 South Side Square, Macomb, IL 61455
    County: Mcdonough
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Springfield Il
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Macomb, IL (#31380)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $438.6 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, 2008)

  • Dollar figures in thousands
  • 72Total employees (full-time equivalent)
  • $445,660Total assets
  • $17,083Cash and due from depository institutions
  • $633Interest-bearing balances
  • $195,454Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $192,794Net loans & leases
  • $3,418Loan loss allowance
  • $0Trading account assets
  • $5,381Bank premises and fixed assets
  • $2,956Other real estate owned
  • $23,414Goodwill and other intangibles
  • $1,880Life insurance assets
  • $8,578All other assets
  • $445,660Total liabilities and capital
  • $422,291Total liabilities
  • $392,795Total deposits
  • $374,692Interest-bearing deposits
  • $392,795Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,435Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $25,461Other borrowed funds
  • $0Subordinated debt
  • $1,600All other liabilities
  • $23,369Total equity capital
  • $23,369Total bank equity capital
  • $23,369Perpetual preferred stock
  • $0Common stock
  • $1,280Surplus
  • $46,678Undivided profits
  • Memoranda
  • $-24,589Noncurrent loans and leases
  • $13,891Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $15,657Earning assets
  • $0Long-term assets (5+ years)
  • $3,520Average Assets, year-to-date
  • $388,881Average Assets, quarterly
  • $136,864Volatile liabilities
  • $458,651Insider loans
  • $449,029FHLB advances
  • $34,695Loans and leases held for sale
  • $1,458Unused loan commitments
  • $24,068Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $13,891Total unused commitments
  • $0Restructured Loans and leases
  • $3,418Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $29,667Total interest income
  • $16,569Total interest expense
  • $13,098Net interest income
  • $5,223Provision for loan and lease losses
  • $2,169Total noninterest income
  • $616Fiduciary activities
  • $503Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,050Additional noninterest income
  • $8,843Total noninterest expense
  • $4,422Salaries and employee benefits
  • $928Premises and equipment expense
  • $3,493Additional noninterest expense
  • $1,201Pre-tax net operating income
  • -$14,964Securities gains (losses)
  • $0Applicable income taxes
  • -$13,763Income before extraordinary items
  • $0Extraordinary gains - net
  • -$13,763Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,892Sale, conversion, retirement of capital stock, net
  • $1,750Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.21%Yield on earning assets
  • 4.02%Cost of funding earning assets
  • 3.18%Net interest margin
  • 0.53%Noninterest income to earning assets
  • 2.15%Noninterest expense to earning assets
  • 0.26%Net operating income to assets
  • -3.00%Return on assets (ROA)
  • -3.00%Pretax return on assets
  • -36.85%Return on equity (ROE)
  • -41.53%Retained earnings to average equity (YTD only)
  • 1.43%Net charge-offs to loans
  • 180.60%Credit loss provision to net charge-offs
  • 2.22%Efficiency ratio
  • 54,955Assets per employee
  • 6.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -12.72%Loss allowance to loans
  • 1.74%Loss allowance to noncurrent loans
  • 21.83%Noncurrent assets plus other real estate owned to assets
  • 4.18%Noncurrent loans to loans
  • 7.98%Net loans and leases to deposits
  • 49.08%Net loans and leases to core deposits
  • 53.27%Equity capital to assets
  • 5.24%Core capital (leverage) ratio
  • 3.04%Tier 1 risk-based capital ratio
  • 3.96%Total risk-based capital ratio
  • Memoranda
  • $5Average assets
  • $458,651Average earning assets
  • $37,353Average equity
  • $411,742Average loans

Total Fiduciary and Related Assets (December 31, 2008)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $97,495Managed Assets
  • 1Number of Accounts
  • $94,206Personal trust and agency accounts
  • $61,497Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $2,059Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $30,650Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 239Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $3,289Other retirement accounts
  • $2,021Corporate trust and agency accounts
  • $845Other fiduciary accounts
  • $248Fiduciary accounts held in foreign offices

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