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

This bank is inactive as of September 18, 1998

  • The First National Bank of Central Illinois in Springfield, Illinois (IL)
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The First National Bank of Central Illinois - Overview

  • General
  • FDIC Certificate #: 3739
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mercantile Bank of Illinois (#10025)
    Federal Reserve ID: 342849
    Date Established: December 12, 1863
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Interstate: No)
    FDIC's unique #: 2404
    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: September 18, 1998
    Last Structure Change Process Date: October 06, 1998
    Last Data Update: October 06, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 205 South Fifth Street, Springfield, IL 62701
    County: Sangamon
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Springfield Il
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Springfield, IL (#7880)
    Core Based Statistical Area (CBSA): Springfield, IL (#44100)
    CBSA Metro Statistical Area: Springfield, IL (#44100)
  • Financial Summary
  • Total assets: $684.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 191Total employees (full-time equivalent)
  • $701,480Total assets
  • $48,922Cash and due from depository institutions
  • $1,000Interest-bearing balances
  • $183,507Securities
  • $11,880Federal funds sold & reverse repurchase agreements
  • $435,733Net loans & leases
  • $4,839Loan loss allowance
  • $0Trading account assets
  • $11,506Bank premises and fixed assets
  • $256Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $9,676All other assets
  • $701,480Total liabilities and capital
  • $643,401Total liabilities
  • $620,162Total deposits
  • $503,175Interest-bearing deposits
  • $620,162Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $18,341Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $4,898All other liabilities
  • $58,079Total equity capital
  • $58,079Total bank equity capital
  • $58,079Perpetual preferred stock
  • $0Common stock
  • $4,000Surplus
  • $15,142Undivided profits
  • Memoranda
  • $38,937Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,153Earning assets
  • $0Long-term assets (5+ years)
  • $3,118Average Assets, year-to-date
  • $632,120Average Assets, quarterly
  • $34,652Volatile liabilities
  • $656,672Insider loans
  • $668,567FHLB advances
  • $135,978Loans and leases held for sale
  • $19,568Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $86,552Total unused commitments
  • $0Restructured Loans and leases
  • $452,327Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $48,886Total interest income
  • $22,400Total interest expense
  • $26,486Net interest income
  • $720Provision for loan and lease losses
  • $6,935Total noninterest income
  • $2,036Fiduciary activities
  • $2,956Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,943Additional noninterest income
  • $15,215Total noninterest expense
  • $7,083Salaries and employee benefits
  • $2,060Premises and equipment expense
  • $6,072Additional noninterest expense
  • $17,486Pre-tax net operating income
  • $199Securities gains (losses)
  • $6,524Applicable income taxes
  • $11,161Income before extraordinary items
  • $0Extraordinary gains - net
  • $11,161Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $638Sale, conversion, retirement of capital stock, net
  • $7,350Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.19%Yield on earning assets
  • 3.75%Cost of funding earning assets
  • 4.44%Net interest margin
  • 1.16%Noninterest income to earning assets
  • 2.55%Noninterest expense to earning assets
  • 1.68%Net operating income to assets
  • 1.70%Return on assets (ROA)
  • 2.69%Pretax return on assets
  • 19.93%Return on equity (ROE)
  • 6.81%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 112.85%Credit loss provision to net charge-offs
  • 28.54%Efficiency ratio
  • 45,525Assets per employee
  • 3.67%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 65.85%Loss allowance to loans
  • 1.10%Loss allowance to noncurrent loans
  • 419.69%Noncurrent assets plus other real estate owned to assets
  • 0.20%Noncurrent loans to loans
  • 0.26%Net loans and leases to deposits
  • 70.26%Net loans and leases to core deposits
  • 86.71%Equity capital to assets
  • 8.28%Core capital (leverage) ratio
  • 8.59%Tier 1 risk-based capital ratio
  • 12.84%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $656,672Average earning assets
  • $55,989Average equity
  • $597,166Average loans

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