MidAmerica National Bank in Canton, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

MidAmerica National Bank - Overview

  • General
  • FDIC Certificate #: 3612
    Status: Active
    Federal Reserve ID: 510938
    Bank Holding Company (Regulatory Top Holder): Midamerica National Bancshares, Inc. (RSSDID: 1206573, Location: Canton, IL)
    Date Established: November 22, 1933
    WWW: http://www.midnatbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 2301
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 West Elm Street, Canton, IL 61520
    County: Fulton
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Springfield Il
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Combined Statistical Area (CSA): Peoria-Canton, IL (#426)
    Core Based Statistical Area (CBSA): Canton, IL (#15900)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $320.9 mil
    Equity capital: $46.1 mil
    Deposits held in domestic offices: $265.0 mil
    Return on assets (ROA): 1.00% ($3.2 mil)
    Quarterly return on assets: 1.08% ($3.5 mil)
    Return on Equity (ROE): 7.29% ($3.4 mil)
    Quarterly return on equity: 7.50% ($3.5 mil)
    Net income: $3.3 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 1.30% ($4,171.3 mil)
    Quarterly Pretax return on assets: 1.31% ($4,203.3 mil)

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

2000 - 2011 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, 2011)

  • Dollar figures in thousands
  • 97Total employees (full-time equivalent)
  • $320,866Total assets
  • $22,247Cash and due from depository institutions
  • $17,137Interest-bearing balances
  • $147,116Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $137,557Net loans & leases
  • $2,238Loan loss allowance
  • $0Trading account assets
  • $4,037Bank premises and fixed assets
  • $91Other real estate owned
  • $5,296Goodwill and other intangibles
  • $320,866Life insurance assets
  • $4,522All other assets
  • $274,717Total liabilities and capital
  • $264,963Total liabilities
  • $212,882Total deposits
  • $264,963Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 6421.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,333Subordinated debt
  • $46,149All other liabilities
  • $46,149Total equity capital
  • $46,149Total bank equity capital
  • $0Perpetual preferred stock
  • $1,100Common stock
  • $24,139Surplus
  • $20,910Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $635Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,000Income earned, not collected on loans
  • $0Earning assets
  • $1,724Long-term assets (5+ years)
  • $301,810Average Assets, year-to-date
  • $103,698Average Assets, quarterly
  • $330,110Volatile liabilities
  • $323,965Insider loans
  • $162,360FHLB advances
  • $314,359Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $36,953Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $22,673Restructured Loans and leases
  • $1,441Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,954Total interest income
  • $1,896Total interest expense
  • $11,058Net interest income
  • $720Provision for loan and lease losses
  • $2,420Total noninterest income
  • $939Fiduciary activities
  • $451Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,030Additional noninterest income
  • $8,483Total noninterest expense
  • $5,220Salaries and employee benefits
  • $914Premises and equipment expense
  • $2,349Additional noninterest expense
  • $4,275Pre-tax net operating income
  • $0Securities gains (losses)
  • $959Applicable income taxes
  • $3,316Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,316Net income attributable to bank
  • $0Net charge-offs
  • $3,316Cash dividends
  • $890Sale, conversion, retirement of capital stock, net
  • $3,269Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.18%Yield on earning assets
  • 0.61%Cost of funding earning assets
  • 3.57%Net interest margin
  • 0.78%Noninterest income to earning assets
  • 2.74%Noninterest expense to earning assets
  • 1.00%Net operating income to assets
  • 1.00%Return on assets (ROA)
  • 1.30%Pretax return on assets
  • 7.29%Return on equity (ROE)
  • 0.10%Retained earnings to average equity (YTD only)
  • 0.63%Net charge-offs to loans
  • 80.90%Credit loss provision to net charge-offs
  • 5.61%Efficiency ratio
  • 62,940Assets per employee
  • 3.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 98.58%Loss allowance to loans
  • 1.60%Loss allowance to noncurrent loans
  • 55.95%Noncurrent assets plus other real estate owned to assets
  • 1.27%Noncurrent loans to loans
  • 2.86%Net loans and leases to deposits
  • 51.92%Net loans and leases to core deposits
  • 52.40%Equity capital to assets
  • 14.38%Core capital (leverage) ratio
  • 11.76%Tier 1 risk-based capital ratio
  • 22.76%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $330,110Average earning assets
  • $45,509Average equity
  • $310,028Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $160,563Managed Assets
  • 1Number of Accounts
  • $154,839Personal trust and agency accounts
  • $71,041Employee benefit-defined contribution accounts
  • $2,783Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $10,787Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $56,379Other fiduciary accounts
  • $5,212Fiduciary accounts held in foreign offices
  • $8,637Non-managed Assets
  • 328Number of Accounts
  • $0Personal trust and agency accounts
  • $10,787Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $5,724Other retirement accounts
  • $1Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $5,533Fiduciary accounts held in foreign offices

List of branches

  • 7 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02301Midamerica National Bank100 West Elm Street, Canton, IL 61520November 22, 1933Full Service Brick and Mortar
    27982Cuba Branch300 East Main Street, Cuba, IL 61427June 28, 1902Full Service Brick and Mortar
    32365Lewistown Branch120 East Washington Street, Lewistown, IL 61542January 01, 1894Full Service Brick and Mortar
    42369North Side Square Branch130 North Side Square, Macomb, IL 61455October 02, 1871Full Service Brick and Mortar
    5201753Auto Facility315 East Carroll Street, Macomb, IL 61455December 09, 1968Limited Service Facility
    613412West Facility804 West Jackson Street, Macomb, IL 61455July 18, 1966Limited Service Facility
    744162Hy-Vee Branch825 North Main Street, Canton, IL 61520January 01, 1882Limited Service Facility

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