First National Bank of Rossville in Rossville, Illinois (IL)



Show street view No street view available for this location
Table of contents:
First National Bank of Rossville
GeneralFDIC Certificate #: 3737
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank of Rantoul (#11711)
Federal Reserve ID: 695844
Date Established: June 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: 1 (Interstate: No)
FDIC's unique #: 2402
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: June 21, 1999
Last Structure Change Process Date: July 07, 1999
Last Data Update: July 07, 1999
Data Source Date: April 05, 2012
LocationAddress: 111 North Chicago, Rossville, IL 60963
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 SummaryTotal assets: $20.5 mil

1992 - 1999 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, 1998)
(Dollar figures in thousands)
Total employees (full-time equivalent)10
Total assets$21,346
Cash and due from depository institutions$373
Interest-bearing balances$0
Securities$8,239
Federal funds sold & reverse repurchase agreements$2,142
Net loans & leases$9,574
Loan loss allowance $81
Trading account assets$0
Bank premises and fixed assets$330
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$688
Life insurance assets$0
Total liabilities and capital$21,346
Total liabilities$18,919
Total deposits$18,761
Interest-bearing deposits$16,863
Deposits held in domestic offices$18,761
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $158
Total equity capital$2,427
Total bank equity capital$2,427
Perpetual preferred stock$2,427
Common stock$0
Surplus$150
Undivided profits $550
Memoranda
Noncurrent loans and leases $1,727
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $61
Long-term assets (5+ years) $0
Average Assets, year-to-date $320
Average Assets, quarterly $19,955
Volatile liabilities $3,413
Insider loans $21,333
FHLB advances $21,314
Loans and leases held for sale $2,775
Unused loan commitments $178
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $698
Restructured Loans and leases $0
Derivatives$10,681
Back to page top, Back to table top

Income and Expense (December 31, 1998)
(Dollar figures in thousands)
Total interest income $1,596
Total interest expense $709
Net interest income $887
Provision for loan and lease losses $100
Total noninterest income $104
Fiduciary activities $0
Service charges on deposit accounts $73
Trading account gains & fees $0
Additional noninterest income $31
Total noninterest expense $532
Salaries and employee benefits $319
Premises and equipment expense $72
Additional noninterest expense $141
Pre-tax net operating income $359
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $359
Extraordinary gains - net $0
Net income attributable to bank $359
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $170
Net operating income $345
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 1998)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets8.06%
Cost of funding earning assets 3.58%
Net interest margin 4.48%
Noninterest income to earning assets 0.53%
Noninterest expense to earning assets 2.69%
Net operating income to assets 1.68%
Return on assets (ROA) 1.68%
Pretax return on assets 1.68%
Return on equity (ROE) 15.50%
Retained earnings to average equity (YTD only) 0.60%
Net charge-offs to loans 1.67%
Credit loss provision to net charge-offs 58.82%
Efficiency ratio2.70%
Assets per employee$53,683
Cash dividends to net income (YTD only)2.13%
Condition Ratios (%)
Loss allowance to loans 96.10%
Loss allowance to noncurrent loans 0.84%
Noncurrent assets plus other real estate owned to assets 132.79%
Noncurrent loans to loans 0.29%
Net loans and leases to deposits0.63%
Net loans and leases to core deposits 51.03%
Equity capital to assets 59.89%
Core capital (leverage) ratio 11.37%
Tier 1 risk-based capital ratio 9.07%
Total risk-based capital ratio 18.35%
Memoranda
Average assets$19
Average earning assets$21,333
Average equity $2,315
Average loans $19,806
Back to page top, Back to table top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First National Bank of Rossville.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.