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

The First National Bank of Ava - Overview

  • General
  • FDIC Certificate #: 3761
    Status: Active
    Federal Reserve ID: 858443
    Bank Holding Company (Regulatory Top Holder): Headquarters Holding Company (RSSDID: 1134603, Location: Ava, IL)
    Date Established: January 01, 1917
    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: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 13846
    FDIC's unique #: 2425
    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: June 01, 2010
    Last Structure Change Process Date: June 01, 2010
    Last Data Update: June 01, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 304 West Main Street, Ava, IL 62907
    County: Jackson
    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): Carbondale, IL (#16060)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $63.3 mil
    Equity capital: $7.7 mil
    Deposits held in domestic offices: $53.7 mil
    Return on assets (ROA): 1.40% ($0.9 mil)
    Quarterly return on assets: 1.15% ($0.7 mil)
    Return on Equity (ROE): 11.70% ($0.9 mil)
    Quarterly return on equity: 9.35% ($0.7 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.82% ($1,152.4 mil)
    Quarterly Pretax return on assets: 1.16% ($734.5 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
  • 17Total employees (full-time equivalent)
  • $63,321Total assets
  • $1,101Cash and due from depository institutions
  • $25Interest-bearing balances
  • $29,450Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $31,052Net loans & leases
  • $606Loan loss allowance
  • $0Trading account assets
  • $483Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $63,321Life insurance assets
  • $1,235All other assets
  • $55,626Total liabilities and capital
  • $53,699Total liabilities
  • $47,339Total deposits
  • $53,699Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 1284.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $643Subordinated debt
  • $7,695All other liabilities
  • $7,695Total equity capital
  • $7,695Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $100Surplus
  • $7,495Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $543Long-term assets (5+ years)
  • $60,527Average Assets, year-to-date
  • $27,400Average Assets, quarterly
  • $60,693Volatile liabilities
  • $62,511Insider loans
  • $37,764FHLB advances
  • $63,069Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,152Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,055Restructured Loans and leases
  • $257Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,178Total interest income
  • $748Total interest expense
  • $2,430Net interest income
  • $20Provision for loan and lease losses
  • $207Total noninterest income
  • $0Fiduciary activities
  • $71Service charges on deposit accounts
  • $0Trading account gains & fees
  • $136Additional noninterest income
  • $1,545Total noninterest expense
  • $903Salaries and employee benefits
  • $136Premises and equipment expense
  • $506Additional noninterest expense
  • $1,072Pre-tax net operating income
  • $32Securities gains (losses)
  • $253Applicable income taxes
  • $851Income before extraordinary items
  • $0Extraordinary gains - net
  • $851Net income attributable to bank
  • $0Net charge-offs
  • $851Cash dividends
  • -$6Sale, conversion, retirement of capital stock, net
  • $391Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.49%Yield on earning assets
  • 1.29%Cost of funding earning assets
  • 4.20%Net interest margin
  • 0.36%Noninterest income to earning assets
  • 2.67%Noninterest expense to earning assets
  • 1.36%Net operating income to assets
  • 1.40%Return on assets (ROA)
  • 1.82%Pretax return on assets
  • 11.70%Return on equity (ROE)
  • 6.33%Retained earnings to average equity (YTD only)
  • -0.02%Net charge-offs to loans
  • -333.33%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 58,589Assets per employee
  • 3.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.95%Loss allowance to loans
  • 1.91%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 57.83%Net loans and leases to core deposits
  • 57.83%Equity capital to assets
  • 12.15%Core capital (leverage) ratio
  • 11.34%Tier 1 risk-based capital ratio
  • 18.94%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $60,693Average earning assets
  • $7,271Average equity
  • $57,873Average loans

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02425The First National Bank Of Ava304 West Main Street, Ava, IL 62907January 01, 1917Full Service Brick and Mortar

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