First National Bank and Trust Company in Gibson City in Gibson City, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 1997

First National Bank and Trust Company in Gibson City in Gibson City, Illinois (IL)
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First National Bank and Trust Company in Gibson City - Overview

General
FDIC Certificate #: 3730
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Heartland Bank and Trust Company (#20369)
Federal Reserve ID: 614939
Date Established: January 01, 1900
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 #: 2395
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: March 01, 1997
Last Structure Change Process Date: March 27, 1997
Last Data Update: March 27, 1997
Data Source Date: April 05, 2012
Location
Address: 130 North Church Street, Gibson City, IL 60936
County: Ford
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): Champaign-Urbana, IL (#16580)
CBSA Metro Statistical Area: Champaign-Urbana, IL (#16580)
Financial Summary
Total assets: $36.4 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$14Total assets
$36,423Cash and due from depository institutions
$2,109Interest-bearing balances
$0Securities
$10,184Federal funds sold & reverse repurchase agreements
$2,200Net loans & leases
$20,362Loan loss allowance
$348Trading account assets
$0Bank premises and fixed assets
$762Other real estate owned
$0Goodwill and other intangibles
$583Life insurance assets
$223All other assets
$0Total liabilities and capital
$36,423Total liabilities
$33,322Total deposits
$32,698Interest-bearing deposits
$27,504Deposits held in domestic offices
32698.00%% insured (estimated)
$87Federal funds purchased & repurchase agreements
$284Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$340Total equity capital
$340Total bank equity capital
$3,101Perpetual preferred stock
$0Common stock
$876Surplus
$1,884Undivided profits
Memoranda
$341Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$357Income earned, not collected on loans
$292Earning assets
$32,746Long-term assets (5+ years)
$3,423Average Assets, year-to-date
$35,805Average Assets, quarterly
$35,952Volatile liabilities
$4,430Insider loans
$63FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,309Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,872Total risk weighted assets
$21,530Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$2,511Total interest expense
$1,214Net interest income
$1,297Provision for loan and lease losses
$0Total noninterest income
$184Fiduciary activities
$0Service charges on deposit accounts
$84Trading account gains & fees
$0Additional noninterest income
$100Total noninterest expense
$978Salaries and employee benefits
$470Premises and equipment expense
$129Additional noninterest expense
$379Pre-tax net operating income
$503Securities gains (losses)
$0Applicable income taxes
$169Income before extraordinary items
$334Extraordinary gains - net
$0Net income attributable to bank
$334Net charge-offs
$6Cash dividends
$200Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.81%Cost of funding earning assets
3.78%Net interest margin
4.03%Noninterest income to earning assets
0.57%Noninterest expense to earning assets
3.04%Net operating income to assets
0.93%Return on assets (ROA)
0.93%Pretax return on assets
1.40%Return on equity (ROE)
10.94%Retained earnings to average equity (YTD only)
4.39%Net charge-offs to loans
0.03%Credit loss provision to net charge-offs
0.00%Efficiency ratio
64,686Assets per employee
2.60%Cash dividends to net income (YTD only)
Condition Ratios (%)
59.88%Loss allowance to loans
1.68%Loss allowance to noncurrent loans
97.48%Noncurrent assets plus other real estate owned to assets
0.98%Noncurrent loans to loans
1.72%Net loans and leases to deposits
62.27%Net loans and leases to core deposits
71.32%Equity capital to assets
8.51%Core capital (leverage) ratio
8.02%Tier 1 risk-based capital ratio
13.34%Total risk-based capital ratio
Memoranda
$15Average assets
$35,805Average earning assets
$3,054Average equity
$32,155Average loans

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