The City National Bank of Hoopeston in Hoopeston, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 26, 1993

The City National Bank of Hoopeston in Hoopeston, Illinois (IL)
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The City National Bank of Hoopeston - Overview

General
FDIC Certificate #: 3681
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Palmer-American National Bank of Danville (#3646)
Federal Reserve ID: 629830
Date Established: August 04, 1933
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
FDIC's unique #: 2355
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: April 26, 1993
Last Structure Change Process Date: May 26, 1993
Last Data Update: May 26, 1993
Data Source Date: April 05, 2012
Location
Address: 210 South Market Street, Hoopeston, IL 60942
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 Summary
Total assets: $50.1 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$31Total assets
$52,719Cash and due from depository institutions
$5,189Interest-bearing balances
$1,883Securities
$13,040Federal funds sold & reverse repurchase agreements
$3,750Net loans & leases
$29,277Loan loss allowance
$597Trading account assets
$0Bank premises and fixed assets
$444Other real estate owned
$63Goodwill and other intangibles
$956Life insurance assets
$0All other assets
$0Total liabilities and capital
$52,719Total liabilities
$48,080Total deposits
$47,829Interest-bearing deposits
$41,574Deposits held in domestic offices
47829.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$251Total equity capital
$251Total bank equity capital
$4,639Perpetual preferred stock
$0Common stock
$400Surplus
$800Undivided profits
Memoranda
$3,439Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,161Income earned, not collected on loans
$646Earning assets
$47,950Long-term assets (5+ years)
$2,102Average Assets, year-to-date
$52,230Average Assets, quarterly
$51,856Volatile liabilities
$2,982Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,826Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,639Total risk weighted assets
$33,547Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$4,265Total interest expense
$1,962Net interest income
$2,303Provision for loan and lease losses
$110Total noninterest income
$246Fiduciary activities
$0Service charges on deposit accounts
$170Trading account gains & fees
$0Additional noninterest income
$76Total noninterest expense
$1,597Salaries and employee benefits
$794Premises and equipment expense
$192Additional noninterest expense
$611Pre-tax net operating income
$842Securities gains (losses)
$0Applicable income taxes
$285Income before extraordinary items
$557Extraordinary gains - net
$0Net income attributable to bank
$557Net charge-offs
$106Cash dividends
$535Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.85%Cost of funding earning assets
4.07%Net interest margin
4.78%Noninterest income to earning assets
0.51%Noninterest expense to earning assets
3.31%Net operating income to assets
1.07%Return on assets (ROA)
1.07%Pretax return on assets
1.61%Return on equity (ROE)
12.11%Retained earnings to average equity (YTD only)
0.48%Net charge-offs to loans
0.33%Credit loss provision to net charge-offs
103.77%Efficiency ratio
62,652Assets per employee
1.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
96.05%Loss allowance to loans
2.00%Loss allowance to noncurrent loans
51.42%Noncurrent assets plus other real estate owned to assets
2.32%Noncurrent loans to loans
3.89%Net loans and leases to deposits
61.21%Net loans and leases to core deposits
65.28%Equity capital to assets
8.80%Core capital (leverage) ratio
8.93%Tier 1 risk-based capital ratio
13.83%Total risk-based capital ratio
Memoranda
$15Average assets
$52,230Average earning assets
$4,601Average equity
$48,210Average loans

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