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



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First National Bank of Winnebago
GeneralFDIC Certificate #: 18982
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The First National Bank and Trust Company (#5285)
Federal Reserve ID: 490441
Date Established: December 20, 1963
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 #: 12826
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: December 20, 1963
Last Structure Change Effective Date: May 31, 2001
Last Structure Change Process Date: August 01, 2001
Last Data Update: August 01, 2001
Data Source Date: April 05, 2012
LocationAddress: 500 North Elida Street, Winnebago, IL 61088
County: Winnebago
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Princeton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Rockford, IL (#6880)
Combined Statistical Area (CSA): Rockford-Freeport-Rochelle, IL (#466)
Core Based Statistical Area (CBSA): Rockford, IL (#40420)
CBSA Metro Statistical Area: Rockford, IL (#40420)
Financial SummaryTotal assets: $43.3 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, 2000)
(Dollar figures in thousands)
Total employees (full-time equivalent)12
Total assets$42,390
Cash and due from depository institutions$964
Interest-bearing balances$0
Securities$17,271
Federal funds sold & reverse repurchase agreements$1,600
Net loans & leases$17,757
Loan loss allowance $251
Trading account assets$0
Bank premises and fixed assets$1,173
Other real estate owned$0
Goodwill and other intangibles$2,598
All other assets$1,027
Life insurance assets$0
Total liabilities and capital$42,390
Total liabilities$36,214
Total deposits$34,809
Interest-bearing deposits$29,688
Deposits held in domestic offices$34,809
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $961
Subordinated debt $0
All other liabilities $444
Total equity capital$6,176
Total bank equity capital$6,176
Perpetual preferred stock$6,176
Common stock$0
Surplus$143
Undivided profits $5,339
Memoranda
Noncurrent loans and leases $694
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $5,990
Income earned, not collected on loans $0
Earning assets $1
Long-term assets (5+ years) $0
Average Assets, year-to-date $226
Average Assets, quarterly $36,628
Volatile liabilities $3,126
Insider loans $40,541
FHLB advances $41,213
Loans and leases held for sale $6,720
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $5,990
Restructured Loans and leases $0
Derivatives$251
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Income and Expense (December 31, 2000)
(Dollar figures in thousands)
Total interest income $2,531
Total interest expense $1,519
Net interest income $1,012
Provision for loan and lease losses $39
Total noninterest income $173
Fiduciary activities $0
Service charges on deposit accounts $72
Trading account gains & fees $0
Additional noninterest income $101
Total noninterest expense $934
Salaries and employee benefits $461
Premises and equipment expense $125
Additional noninterest expense $348
Pre-tax net operating income $212
Securities gains (losses) $9
Applicable income taxes $55
Income before extraordinary items $166
Extraordinary gains - net $0
Net income attributable to bank $166
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net -$12
Net operating income $0
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Performance and Condition Ratios (December 31, 2000)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets7.37%
Cost of funding earning assets 4.42%
Net interest margin 2.95%
Noninterest income to earning assets 0.50%
Noninterest expense to earning assets 2.72%
Net operating income to assets 0.39%
Return on assets (ROA) 0.41%
Pretax return on assets 0.55%
Return on equity (ROE) 2.81%
Retained earnings to average equity (YTD only) 2.81%
Net charge-offs to loans -0.08%
Credit loss provision to net charge-offs -325.00%
Efficiency ratio0.00%
Assets per employee$68,776
Cash dividends to net income (YTD only)3.53%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.39%
Noncurrent assets plus other real estate owned to assets 25100.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.01%
Net loans and leases to core deposits 51.01%
Equity capital to assets 61.13%
Core capital (leverage) ratio 14.57%
Tier 1 risk-based capital ratio 9.23%
Total risk-based capital ratio 15.09%
Memoranda
Average assets$16
Average earning assets$40,541
Average equity $5,900
Average loans $34,331
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