The Fairfield National Bank in Fairfield, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Fairfield National Bank - Overview

  • General
  • FDIC Certificate #: 3792
    Status: Active
    Federal Reserve ID: 640246
    Bank Holding Company (Regulatory Top Holder): Fairfield Bancshares, Inc. (RSSDID: 2107305, Location: Fairfield, IL)
    Date Established: Febuary 03, 1903
    WWW: http://www.fairfieldnb.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: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 13544
    FDIC's unique #: 2455
    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: Commercial Lending Specialization
    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: 220 East Main Street, Fairfield, IL 62837
    County: Wayne
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $392.3 mil
    Equity capital: $38.8 mil
    Deposits held in domestic offices: $287.5 mil
    Return on assets (ROA): 1.16% ($4.5 mil)
    Quarterly return on assets: 1.18% ($4.6 mil)
    Return on Equity (ROE): 12.01% ($4.7 mil)
    Quarterly return on equity: 11.87% ($4.6 mil)
    Net income: $4.4 mil
    Quarterly Net income: $1.1 mil
    Pretax return on assets: 1.66% ($6,512.7 mil)
    Quarterly Pretax return on assets: 1.87% ($7,336.6 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
  • 57Total employees (full-time equivalent)
  • $392,331Total assets
  • $17,946Cash and due from depository institutions
  • $11,034Interest-bearing balances
  • $164,111Securities
  • $119Federal funds sold & reverse repurchase agreements
  • $184,754Net loans & leases
  • $1,392Loan loss allowance
  • $0Trading account assets
  • $4,173Bank premises and fixed assets
  • $0Other real estate owned
  • $5,561Goodwill and other intangibles
  • $392,331Life insurance assets
  • $15,667All other assets
  • $353,554Total liabilities and capital
  • $287,507Total liabilities
  • $251,212Total deposits
  • $287,507Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 4242.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $58,272Trading liabilities
  • $0Other borrowed funds
  • $3,533Subordinated debt
  • $38,777All other liabilities
  • $38,777Total equity capital
  • $38,777Total bank equity capital
  • $0Perpetual preferred stock
  • $5,400Common stock
  • $5,400Surplus
  • $27,977Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,210Income earned, not collected on loans
  • $1,031Earning assets
  • $2,731Long-term assets (5+ years)
  • $360,018Average Assets, year-to-date
  • $191,505Average Assets, quarterly
  • $379,811Volatile liabilities
  • $388,277Insider loans
  • $175,218FHLB advances
  • $382,871Loans and leases held for sale
  • $8,029Unused loan commitments
  • $8,029Tier 1 (core) risk-based capital
  • $32,674Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $3,409Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,548Total interest income
  • $4,742Total interest expense
  • $9,806Net interest income
  • $25Provision for loan and lease losses
  • $1,729Total noninterest income
  • $140Fiduciary activities
  • $781Service charges on deposit accounts
  • $0Trading account gains & fees
  • $808Additional noninterest income
  • $5,966Total noninterest expense
  • $2,932Salaries and employee benefits
  • $652Premises and equipment expense
  • $2,382Additional noninterest expense
  • $5,544Pre-tax net operating income
  • $775Securities gains (losses)
  • $1,895Applicable income taxes
  • $4,424Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,424Net income attributable to bank
  • $0Net charge-offs
  • $4,424Cash dividends
  • -$65Sale, conversion, retirement of capital stock, net
  • $1,080Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.19%Yield on earning assets
  • 1.37%Cost of funding earning assets
  • 2.83%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 1.72%Noninterest expense to earning assets
  • 1.02%Net operating income to assets
  • 1.16%Return on assets (ROA)
  • 1.66%Pretax return on assets
  • 12.01%Return on equity (ROE)
  • 9.08%Retained earnings to average equity (YTD only)
  • -0.04%Net charge-offs to loans
  • -38.46%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 50,707Assets per employee
  • 6.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 24.41%Loss allowance to loans
  • 0.75%Loss allowance to noncurrent loans
  • 62.99%Noncurrent assets plus other real estate owned to assets
  • 0.56%Noncurrent loans to loans
  • 1.19%Net loans and leases to deposits
  • 64.26%Net loans and leases to core deposits
  • 80.21%Equity capital to assets
  • 9.88%Core capital (leverage) ratio
  • 8.53%Tier 1 risk-based capital ratio
  • 18.65%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $379,811Average earning assets
  • $36,822Average equity
  • $346,842Average 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
  • $26,029Managed Assets
  • 1Number of Accounts
  • $14,084Personal trust and agency accounts
  • $5,327Employee benefit-defined contribution accounts
  • $3,350Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $5,407Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 405Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $11,945Other retirement accounts
  • $3,643Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $8,301Fiduciary accounts held in foreign offices

List of branches

  • 4 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02455The Fairfield National Bank220 East Main Street, Fairfield, IL 62837Febuary 03, 1903Full Service Brick and Mortar
    1201922Bean Capital Banking Center Branch204 North Main Street, Wayne City, IL 62895December 02, 1996Full Service Brick and Mortar
    29797Grayville Banking Center Branch119 South Middle Street, Grayville, IL 62844May 27, 1937Full Service Brick and Mortar
    42431Bridgeport Branch201 North Main Street, Bridgeport, IL 62417January 01, 1906Full Service Brick and Mortar

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