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

The First National Bank of Allendale - Overview

  • General
  • FDIC Certificate #: 12365
    Status: Active
    Federal Reserve ID: 990642
    Bank Holding Company (Regulatory Top Holder): Allendale Bancorp, Inc (RSSDID: 2227409, Location: Allendale, IL)
    Date Established: January 01, 1906
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 13905
    FDIC's unique #: 7865
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural 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: 301 East Main Street, Allendale, IL 62410
    County: Wabash
    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: $165.6 mil
    Equity capital: $17.6 mil
    Deposits held in domestic offices: $134.2 mil
    Return on assets (ROA): 1.07% ($1.8 mil)
    Quarterly return on assets: 1.09% ($1.8 mil)
    Return on Equity (ROE): 9.93% ($1.8 mil)
    Quarterly return on equity: 10.07% ($1.8 mil)
    Net income: $1.7 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.55% ($2,566.5 mil)
    Quarterly Pretax return on assets: 1.54% ($2,549.9 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
  • 29Total employees (full-time equivalent)
  • $165,581Total assets
  • $8,207Cash and due from depository institutions
  • $3,886Interest-bearing balances
  • $47,822Securities
  • $1,000Federal funds sold & reverse repurchase agreements
  • $103,014Net loans & leases
  • $1,292Loan loss allowance
  • $0Trading account assets
  • $2,808Bank premises and fixed assets
  • $217Other real estate owned
  • $0Goodwill and other intangibles
  • $165,580Life insurance assets
  • $2,513All other assets
  • $147,951Total liabilities and capital
  • $134,191Total liabilities
  • $112,777Total deposits
  • $134,191Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $12,726Trading liabilities
  • $0Other borrowed funds
  • $1,034Subordinated debt
  • $17,629All other liabilities
  • $17,629Total equity capital
  • $17,629Total bank equity capital
  • $0Perpetual preferred stock
  • $450Common stock
  • $1,450Surplus
  • $15,729Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $582Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $564Income earned, not collected on loans
  • $0Earning assets
  • $1,104Long-term assets (5+ years)
  • $155,722Average Assets, year-to-date
  • $30,689Average Assets, quarterly
  • $156,607Volatile liabilities
  • $161,904Insider loans
  • $104,806FHLB advances
  • $162,399Loans and leases held for sale
  • $293Unused loan commitments
  • $293Tier 1 (core) risk-based capital
  • $16,822Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,835Restructured Loans and leases
  • $5,776Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,918Total interest income
  • $1,455Total interest expense
  • $5,463Net interest income
  • $460Provision for loan and lease losses
  • $677Total noninterest income
  • $0Fiduciary activities
  • $405Service charges on deposit accounts
  • $0Trading account gains & fees
  • $272Additional noninterest income
  • $3,321Total noninterest expense
  • $1,655Salaries and employee benefits
  • $555Premises and equipment expense
  • $1,111Additional noninterest expense
  • $2,359Pre-tax net operating income
  • $69Securities gains (losses)
  • $759Applicable income taxes
  • $1,669Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,669Net income attributable to bank
  • $0Net charge-offs
  • $1,669Cash dividends
  • $277Sale, conversion, retirement of capital stock, net
  • $460Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.70%Yield on earning assets
  • 0.99%Cost of funding earning assets
  • 3.72%Net interest margin
  • 0.46%Noninterest income to earning assets
  • 2.26%Noninterest expense to earning assets
  • 1.04%Net operating income to assets
  • 1.07%Return on assets (ROA)
  • 1.55%Pretax return on assets
  • 9.93%Return on equity (ROE)
  • 7.19%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 166.06%Credit loss provision to net charge-offs
  • 10.18%Efficiency ratio
  • 54,088Assets per employee
  • 5.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 27.56%Loss allowance to loans
  • 1.24%Loss allowance to noncurrent loans
  • 229.08%Noncurrent assets plus other real estate owned to assets
  • 0.47%Noncurrent loans to loans
  • 0.54%Net loans and leases to deposits
  • 76.77%Net loans and leases to core deposits
  • 80.57%Equity capital to assets
  • 10.65%Core capital (leverage) ratio
  • 10.36%Tier 1 risk-based capital ratio
  • 16.05%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $156,607Average earning assets
  • $16,805Average equity
  • $147,036Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07865The First National Bank Of Allendale301 East Main Street, Allendale, IL 62410January 01, 1906Full Service Brick and Mortar
    1226878Mount Carmel Facility1515 West Ninth Street, Mount Carmel, IL 62863December 20, 1984Full Service Brick and Mortar

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