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

The First National Bank of Litchfield - Overview

  • General
  • FDIC Certificate #: 3807
    Status: Active
    Federal Reserve ID: 370347
    Bank Holding Company (Regulatory Top Holder): First Montgomery Bancorp, Inc. (RSSDID: 1099346, Location: Litchfield, IL)
    Date Established: January 01, 1860
    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)
    FDIC's unique #: 2468
    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: Yes
    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: 324 North State Street, Litchfield, IL 62056
    County: Montgomery
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Springfield Il
    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: $92.6 mil
    Equity capital: $8.7 mil
    Deposits held in domestic offices: $73.6 mil
    Return on assets (ROA): 1.15% ($1.1 mil)
    Quarterly return on assets: 0.75% ($0.7 mil)
    Return on Equity (ROE): 12.24% ($1.1 mil)
    Quarterly return on equity: 7.86% ($0.7 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.15% ($1,065.0 mil)
    Quarterly Pretax return on assets: 0.75% ($694.6 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
  • 26Total employees (full-time equivalent)
  • $92,608Total assets
  • $1,417Cash and due from depository institutions
  • $251Interest-bearing balances
  • $17,805Securities
  • $1,547Federal funds sold & reverse repurchase agreements
  • $68,813Net loans & leases
  • $552Loan loss allowance
  • $0Trading account assets
  • $822Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $92,608Life insurance assets
  • $2,204All other assets
  • $83,883Total liabilities and capital
  • $73,551Total liabilities
  • $62,903Total deposits
  • $73,551Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,250Trading liabilities
  • $0Other borrowed funds
  • $82Subordinated debt
  • $8,725All other liabilities
  • $8,725Total equity capital
  • $8,725Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $200Surplus
  • $8,325Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $292Income earned, not collected on loans
  • $0Earning assets
  • $1,012Long-term assets (5+ years)
  • $88,416Average Assets, year-to-date
  • $30,134Average Assets, quarterly
  • $89,335Volatile liabilities
  • $91,248Insider loans
  • $73,364FHLB advances
  • $92,173Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,059Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,863Restructured Loans and leases
  • $3,888Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,085Total interest income
  • $895Total interest expense
  • $3,190Net interest income
  • $217Provision for loan and lease losses
  • $224Total noninterest income
  • $0Fiduciary activities
  • $97Service charges on deposit accounts
  • $0Trading account gains & fees
  • $127Additional noninterest income
  • $2,198Total noninterest expense
  • $1,251Salaries and employee benefits
  • $267Premises and equipment expense
  • $680Additional noninterest expense
  • $999Pre-tax net operating income
  • $25Securities gains (losses)
  • $0Applicable income taxes
  • $1,024Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,024Net income attributable to bank
  • $0Net charge-offs
  • $1,024Cash dividends
  • $163Sale, conversion, retirement of capital stock, net
  • $600Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.81%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 3.76%Net interest margin
  • 0.26%Noninterest income to earning assets
  • 2.59%Noninterest expense to earning assets
  • 1.12%Net operating income to assets
  • 1.15%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 12.24%Return on equity (ROE)
  • 5.07%Retained earnings to average equity (YTD only)
  • 0.24%Net charge-offs to loans
  • 133.13%Credit loss provision to net charge-offs
  • 7.46%Efficiency ratio
  • 64,382Assets per employee
  • 3.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 58.59%Loss allowance to loans
  • 0.80%Loss allowance to noncurrent loans
  • 189.04%Noncurrent assets plus other real estate owned to assets
  • 0.32%Noncurrent loans to loans
  • 0.42%Net loans and leases to deposits
  • 93.56%Net loans and leases to core deposits
  • 95.32%Equity capital to assets
  • 9.42%Core capital (leverage) ratio
  • 8.74%Tier 1 risk-based capital ratio
  • 10.98%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $89,335Average earning assets
  • $8,365Average equity
  • $84,910Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02468The First National Bank Of Litchfiel324 North State Street, Litchfield, IL 62056January 01, 1860Full Service Brick and Mortar
    1201939Drive-In Facility#3 Ohren Drive, Litchfield, IL 62056May 27, 1981Limited Service Facility

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