Heartland National Bank in Herrin, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 18, 1999

  • Heartland National Bank in Herrin, Illinois (IL)
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Heartland National Bank - Overview

  • General
  • FDIC Certificate #: 30440
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Banterra Bank (#17514)
    Federal Reserve ID: 578273
    Date Established: November 17, 1949
    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)
    OTS Docket #: 5338
    FDIC's unique #: 43274
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: November 17, 1949
    Last Structure Change Effective Date: June 18, 1999
    Last Structure Change Process Date: June 23, 1999
    Last Data Update: June 23, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 318 South Park Avenue, Herrin, IL 62948
    County: Williamson
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Mount Vernon
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Combined Statistical Area (CSA): Carbondale-Marion-Herrin, IL (#166)
    Core Based Statistical Area (CBSA): Marion-Herrin, IL (#32060)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $62.3 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, 1998)

  • Dollar figures in thousands
  • 23Total employees (full-time equivalent)
  • $62,007Total assets
  • $13,422Cash and due from depository institutions
  • $11,390Interest-bearing balances
  • $10,609Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $36,379Net loans & leases
  • $372Loan loss allowance
  • $0Trading account assets
  • $486Bank premises and fixed assets
  • $293Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $818All other assets
  • $62,007Total liabilities and capital
  • $52,398Total liabilities
  • $52,035Total deposits
  • $50,471Interest-bearing deposits
  • $52,035Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $363All other liabilities
  • $9,609Total equity capital
  • $9,609Total bank equity capital
  • $9,609Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $2,574Undivided profits
  • Memoranda
  • $5,535Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $493Earning assets
  • $0Long-term assets (5+ years)
  • $144Average Assets, year-to-date
  • $58,378Average Assets, quarterly
  • $20,508Volatile liabilities
  • $63,245Insider loans
  • $61,828FHLB advances
  • $4,007Loans and leases held for sale
  • $271Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $481Total unused commitments
  • $0Restructured Loans and leases
  • $29,084Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $4,392Total interest income
  • $2,547Total interest expense
  • $1,845Net interest income
  • $106Provision for loan and lease losses
  • $154Total noninterest income
  • $0Fiduciary activities
  • $102Service charges on deposit accounts
  • $0Trading account gains & fees
  • $52Additional noninterest income
  • $1,827Total noninterest expense
  • $706Salaries and employee benefits
  • $131Premises and equipment expense
  • $990Additional noninterest expense
  • $66Pre-tax net operating income
  • $0Securities gains (losses)
  • $12Applicable income taxes
  • $54Income before extraordinary items
  • $0Extraordinary gains - net
  • $54Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $134Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.31%Yield on earning assets
  • 4.24%Cost of funding earning assets
  • 3.07%Net interest margin
  • 0.26%Noninterest income to earning assets
  • 3.04%Noninterest expense to earning assets
  • 0.09%Net operating income to assets
  • 0.09%Return on assets (ROA)
  • 0.10%Pretax return on assets
  • 0.56%Return on equity (ROE)
  • 0.56%Retained earnings to average equity (YTD only)
  • 0.32%Net charge-offs to loans
  • 79.10%Credit loss provision to net charge-offs
  • 1.28%Efficiency ratio
  • 91,396Assets per employee
  • 2.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 75.46%Noncurrent assets plus other real estate owned to assets
  • 1.27%Noncurrent loans to loans
  • 1.34%Net loans and leases to deposits
  • 69.91%Net loans and leases to core deposits
  • 75.75%Equity capital to assets
  • 15.50%Core capital (leverage) ratio
  • 15.69%Tier 1 risk-based capital ratio
  • 33.05%Total risk-based capital ratio
  • Memoranda
  • $34Average assets
  • $63,245Average earning assets
  • $9,578Average equity
  • $60,057Average loans

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