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

This bank is inactive as of April 23, 1994

  • Citizens National Bank of Downers Grove in Downers Grove, Illinois (IL)
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Citizens National Bank of Downers Grove - Overview

  • General
  • FDIC Certificate #: 15770
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Bank National Association (#3630)
    Federal Reserve ID: 785530
    Date Established: September 12, 1940
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 10017
    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: September 12, 1940
    Last Structure Change Effective Date: April 23, 1994
    Last Structure Change Process Date: May 18, 1994
    Last Data Update: December 27, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 5100 Main Street, Downers Grove, IL 60515
    County: Dupage
    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)
  • History of Changes
  • Merger - Without Assistance
  • Financial Summary
  • Total assets: $167.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $29Total assets
  • $163,568Cash and due from depository institutions
  • $4,998Interest-bearing balances
  • $0Securities
  • $125,499Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $28,752Loan loss allowance
  • $1,381Trading account assets
  • $0Bank premises and fixed assets
  • $1,895Other real estate owned
  • $728Goodwill and other intangibles
  • $1,696Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $163,568Total liabilities
  • $152,257Total deposits
  • $132,783Interest-bearing deposits
  • $122,497Deposits held in domestic offices
  • 132783.00%% insured (estimated)
  • $82Federal funds purchased & repurchase agreements
  • $18,385Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,089Total equity capital
  • $1,089Total bank equity capital
  • $11,311Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $1,500Undivided profits
  • Memoranda
  • $8,311Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,551Income earned, not collected on loans
  • $184Earning assets
  • $154,251Long-term assets (5+ years)
  • $5,216Average Assets, year-to-date
  • $166,386Average Assets, quarterly
  • $171,557Volatile liabilities
  • $46,123Insider loans
  • $2FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $8,613Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $10,987Total risk weighted assets
  • $56,746Total unused commitments
  • $0Restructured Loans and leases
  • $45,000Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,699Total interest expense
  • $5,646Net interest income
  • $4,053Provision for loan and lease losses
  • $311Total noninterest income
  • $569Fiduciary activities
  • $145Service charges on deposit accounts
  • $350Trading account gains & fees
  • $0Additional noninterest income
  • $74Total noninterest expense
  • $3,788Salaries and employee benefits
  • $1,054Premises and equipment expense
  • $392Additional noninterest expense
  • $2,342Pre-tax net operating income
  • $523Securities gains (losses)
  • -$29Applicable income taxes
  • -$97Income before extraordinary items
  • $591Extraordinary gains - net
  • $0Net income attributable to bank
  • $591Net charge-offs
  • $117Cash dividends
  • $0Sale, 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
  • 6.18%Cost of funding earning assets
  • 3.60%Net interest margin
  • 2.58%Noninterest income to earning assets
  • 0.36%Noninterest expense to earning assets
  • 2.42%Net operating income to assets
  • 0.37%Return on assets (ROA)
  • 0.36%Pretax return on assets
  • 0.30%Return on equity (ROE)
  • 5.53%Retained earnings to average equity (YTD only)
  • 5.53%Net charge-offs to loans
  • 0.22%Credit loss provision to net charge-offs
  • 265.81%Efficiency ratio
  • 81,956Assets per employee
  • 5.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.58%Loss allowance to noncurrent loans
  • 89.04%Noncurrent assets plus other real estate owned to assets
  • 1.39%Noncurrent loans to loans
  • 5.15%Net loans and leases to deposits
  • 21.65%Net loans and leases to core deposits
  • 27.37%Equity capital to assets
  • 6.92%Core capital (leverage) ratio
  • 6.39%Tier 1 risk-based capital ratio
  • 19.36%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $166,386Average earning assets
  • $10,692Average equity
  • $156,817Average loans

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