Farmers National Bank of Griggsville in Griggsville, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Farmers National Bank of Griggsville - Overview

  • General
  • FDIC Certificate #: 15928
    Status: Active
    Federal Reserve ID: 166849
    Bank Holding Company (Regulatory Top Holder): Griggsville Bancshares, Inc (RSSDID: 2156835, Location: Griggsville, IL)
    Date Established: Febuary 13, 1943
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 10160
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: Febuary 13, 1943
    Last Structure Change Effective Date: October 03, 2008
    Last Structure Change Process Date: October 07, 2008
    Last Data Update: October 07, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 108 West Quincy Street, Griggsville, IL 62340
    County: Pike
    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
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $58.6 mil
    Equity capital: $5.3 mil
    Deposits held in domestic offices: $53.1 mil
    Return on assets (ROA): 1.68% ($1.0 mil)
    Quarterly return on assets: 1.57% ($0.9 mil)
    Return on Equity (ROE): 18.59% ($0.9 mil)
    Quarterly return on equity: 17.20% ($0.9 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.71% ($1,001.4 mil)
    Quarterly Pretax return on assets: 1.59% ($931.1 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, 2011)

  • Dollar figures in thousands
  • 20Total employees (full-time equivalent)
  • $58,562Total assets
  • $7,684Cash and due from depository institutions
  • $4,888Interest-bearing balances
  • $7,678Securities
  • $2,135Federal funds sold & reverse repurchase agreements
  • $39,047Net loans & leases
  • $451Loan loss allowance
  • $0Trading account assets
  • $1,144Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $58,562Life insurance assets
  • $874All other assets
  • $53,220Total liabilities and capital
  • $53,061Total liabilities
  • $44,401Total deposits
  • $53,061Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $159Subordinated debt
  • $5,342All other liabilities
  • $5,342Total equity capital
  • $5,342Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $475Surplus
  • $4,817Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $141Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $292Income earned, not collected on loans
  • $0Earning assets
  • $613Long-term assets (5+ years)
  • $53,748Average Assets, year-to-date
  • $4,493Average Assets, quarterly
  • $54,990Volatile liabilities
  • $57,743Insider loans
  • $43,563FHLB advances
  • $58,280Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,218Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,844Restructured Loans and leases
  • $265Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,875Total interest income
  • $434Total interest expense
  • $2,441Net interest income
  • $60Provision for loan and lease losses
  • $441Total noninterest income
  • $0Fiduciary activities
  • $129Service charges on deposit accounts
  • $0Trading account gains & fees
  • $312Additional noninterest income
  • $1,882Total noninterest expense
  • $1,003Salaries and employee benefits
  • $199Premises and equipment expense
  • $680Additional noninterest expense
  • $940Pre-tax net operating income
  • $0Securities gains (losses)
  • $14Applicable income taxes
  • $926Income before extraordinary items
  • $0Extraordinary gains - net
  • $926Net income attributable to bank
  • $0Net charge-offs
  • $926Cash dividends
  • $175Sale, conversion, retirement of capital stock, net
  • $364Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.62%Yield on earning assets
  • 0.85%Cost of funding earning assets
  • 4.77%Net interest margin
  • 0.86%Noninterest income to earning assets
  • 3.68%Noninterest expense to earning assets
  • 1.68%Net operating income to assets
  • 1.68%Return on assets (ROA)
  • 1.71%Pretax return on assets
  • 18.59%Return on equity (ROE)
  • 11.28%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 34.29%Credit loss provision to net charge-offs
  • 5.71%Efficiency ratio
  • 65,302Assets per employee
  • 2.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 39.31%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 154.45%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 0.74%Net loans and leases to deposits
  • 73.59%Net loans and leases to core deposits
  • 74.02%Equity capital to assets
  • 9.12%Core capital (leverage) ratio
  • 8.95%Tier 1 risk-based capital ratio
  • 11.98%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $54,990Average earning assets
  • $4,981Average equity
  • $51,170Average loans

List of branches

  • 4 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010160Farmers National Bank Of Griggsville108 West Quincy Street, Griggsville, IL 62340Febuary 13, 1943Full Service Brick and Mortar
    1235945Milton Facility411 West Pittsfield Street, Milton, IL 62352June 15, 1998Full Service Brick and Mortar
    2365158Mt Sterling Facility Branch220 Pittsfield Road, Mount Sterling, IL 62353April 15, 2002Full Service Brick and Mortar
    3511120Pittsfield Facility201 W Washington Street, Pittsfield, IL 62363July 12, 2010Full Service Brick and Mortar

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