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

This bank is inactive as of December 11, 2009

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

  • General
  • FDIC Certificate #: 3673
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Edgar County Bank and Trust Co., Paris, Illinois (#3722)
    Federal Reserve ID: 933135
    Date Established: January 01, 1869
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 2348
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 11, 2009
    Last Structure Change Process Date: December 31, 2009
    Last Data Update: December 31, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 209 South Crescent Street, Gilman, IL 60938
    County: Iroquois
    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
  • Financial Summary
  • Total assets: $38.8 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, 2008)

  • Dollar figures in thousands
  • 17Total employees (full-time equivalent)
  • $43,976Total assets
  • $5,725Cash and due from depository institutions
  • $11Interest-bearing balances
  • $12,679Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $23,538Net loans & leases
  • $256Loan loss allowance
  • $0Trading account assets
  • $650Bank premises and fixed assets
  • $8Other real estate owned
  • $0Goodwill and other intangibles
  • $395Life insurance assets
  • $1,376All other assets
  • $43,976Total liabilities and capital
  • $41,286Total liabilities
  • $41,035Total deposits
  • $32,101Interest-bearing deposits
  • $41,035Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $49Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $202All other liabilities
  • $2,690Total equity capital
  • $2,690Total bank equity capital
  • $2,690Perpetual preferred stock
  • $0Common stock
  • $600Surplus
  • $1,600Undivided profits
  • Memoranda
  • $490Noncurrent loans and leases
  • $2,347Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $453Earning assets
  • $0Long-term assets (5+ years)
  • $574Average Assets, year-to-date
  • $36,228Average Assets, quarterly
  • $7,994Volatile liabilities
  • $47,617Insider loans
  • $44,902FHLB advances
  • $2,892Loans and leases held for sale
  • $790Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,347Total unused commitments
  • $499Restructured Loans and leases
  • $256Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $2,635Total interest income
  • $752Total interest expense
  • $1,883Net interest income
  • $987Provision for loan and lease losses
  • $482Total noninterest income
  • $0Fiduciary activities
  • $330Service charges on deposit accounts
  • $0Trading account gains & fees
  • $152Additional noninterest income
  • $1,616Total noninterest expense
  • $784Salaries and employee benefits
  • $168Premises and equipment expense
  • $664Additional noninterest expense
  • -$238Pre-tax net operating income
  • -$494Securities gains (losses)
  • $0Applicable income taxes
  • -$732Income before extraordinary items
  • $0Extraordinary gains - net
  • -$732Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $875Sale, conversion, retirement of capital stock, net
  • $99Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.32%Yield on earning assets
  • 1.80%Cost of funding earning assets
  • 4.52%Net interest margin
  • 1.16%Noninterest income to earning assets
  • 3.88%Noninterest expense to earning assets
  • -0.50%Net operating income to assets
  • -1.54%Return on assets (ROA)
  • -1.54%Pretax return on assets
  • -24.79%Return on equity (ROE)
  • -28.14%Retained earnings to average equity (YTD only)
  • 3.31%Net charge-offs to loans
  • 112.80%Credit loss provision to net charge-offs
  • 0.86%Efficiency ratio
  • 68,330Assets per employee
  • 2.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -13.52%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 56.51%Noncurrent assets plus other real estate owned to assets
  • 2.49%Noncurrent loans to loans
  • 1.90%Net loans and leases to deposits
  • 57.36%Net loans and leases to core deposits
  • 61.63%Equity capital to assets
  • 6.12%Core capital (leverage) ratio
  • 6.22%Tier 1 risk-based capital ratio
  • 10.18%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $47,617Average earning assets
  • $2,953Average equity
  • $41,668Average loans

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