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- Banks in Illinois (IL)
- First Midwest Bank/Danville, National Association
First Midwest Bank/Danville, National Association in Danville, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of May 18, 1995
- First Midwest Bank/Danville, National Association in Danville, Illinois (IL)
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First Midwest Bank/Danville, National Association - Overview
- General
- FDIC Certificate #: 3645
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Midwest Bank (#3709)
Federal Reserve ID: 106733
Date Established: November 07, 1873
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 #: 2326
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: May 18, 1995
Last Structure Change Process Date: May 22, 1995
Last Data Update: May 22, 1995
Data Source Date: April 05, 2012 - Location
- Address: 27 North Vermilion Street, Danville, IL 61834
County: Vermilion
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Champaign
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Danville, IL (#19180)
CBSA Metro Statistical Area: Danville, IL (#19180) - Financial Summary
- Total assets: $215.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1994)
- Dollar figures in thousands
- 0Total employees (full-time equivalent)
- $101Total assets
- $211,739Cash and due from depository institutions
- $9,569Interest-bearing balances
- $1,464Securities
- $52,902Federal funds sold & reverse repurchase agreements
- $0Net loans & leases
- $139,561Loan loss allowance
- $1,840Trading account assets
- $0Bank premises and fixed assets
- $2,538Other real estate owned
- $2,063Goodwill and other intangibles
- $4,874Life insurance assets
- $232All other assets
- $0Total liabilities and capital
- $211,739Total liabilities
- $199,616Total deposits
- $178,635Interest-bearing deposits
- $152,663Deposits held in domestic offices
- 178635.00%% insured (estimated)
- $85Federal funds purchased & repurchase agreements
- $18,405Trading liabilities
- $0Other borrowed funds
- $1,381Subordinated debt
- $0All other liabilities
- $1,195Total equity capital
- $1,195Total bank equity capital
- $12,123Perpetual preferred stock
- $0Common stock
- $2,350Surplus
- $3,829Undivided profits
- Memoranda
- $5,944Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $2,105Income earned, not collected on loans
- $905Earning assets
- $193,927Long-term assets (5+ years)
- $46,277Average Assets, year-to-date
- $206,652Average Assets, quarterly
- $210,169Volatile liabilities
- $36,823Insider loans
- $170FHLB advances
- $0Loans and leases held for sale
- $0Unused loan commitments
- $14,740Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $13,008Total risk weighted assets
- $147,475Total unused commitments
- $0Restructured Loans and leases
- $33,586Derivatives
Income and Expense (December 31, 1994)
- Dollar figures in thousands
- $0Total interest income
- $14,518Total interest expense
- $6,258Net interest income
- $8,260Provision for loan and lease losses
- $1,275Total noninterest income
- $2,260Fiduciary activities
- $870Service charges on deposit accounts
- $0Trading account gains & fees
- $0Additional noninterest income
- $1,390Total noninterest expense
- $6,244Salaries and employee benefits
- $2,925Premises and equipment expense
- $766Additional noninterest expense
- $2,553Pre-tax net operating income
- $3,001Securities gains (losses)
- $34Applicable income taxes
- $1,140Income before extraordinary items
- $1,895Extraordinary gains - net
- $0Net income attributable to bank
- $1,895Net charge-offs
- $951Cash dividends
- $1,800Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 1994)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 0.00%Yield on earning assets
- 7.54%Cost of funding earning assets
- 3.25%Net interest margin
- 4.29%Noninterest income to earning assets
- 1.17%Noninterest expense to earning assets
- 3.24%Net operating income to assets
- 0.91%Return on assets (ROA)
- 0.92%Pretax return on assets
- 1.47%Return on equity (ROE)
- 15.02%Retained earnings to average equity (YTD only)
- 0.75%Net charge-offs to loans
- 0.72%Credit loss provision to net charge-offs
- 134.07%Efficiency ratio
- 58,831Assets per employee
- 2.10%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 94.99%Loss allowance to loans
- 1.30%Loss allowance to noncurrent loans
- 87.41%Noncurrent assets plus other real estate owned to assets
- 1.97%Noncurrent loans to loans
- 1.49%Net loans and leases to deposits
- 78.13%Net loans and leases to core deposits
- 86.36%Equity capital to assets
- 5.73%Core capital (leverage) ratio
- 6.20%Tier 1 risk-based capital ratio
- 8.82%Total risk-based capital ratio
- Memoranda
- $10Average assets
- $206,652Average earning assets
- $12,613Average equity
- $192,557Average loans
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- Banks in Illinois (IL)
- First Midwest Bank/Danville, National Association
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