The First National Bank of Litchfield in Litchfield, Illinois (IL)

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The First National Bank of Litchfield routing number info

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The First National Bank of Litchfield
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)26
Total assets$92,608
Cash and due from depository institutions$1,417
Interest-bearing balances$251
Federal funds sold & reverse repurchase agreements$1,547
Net loans & leases$68,813
Loan loss allowance $552
Trading account assets$0
Bank premises and fixed assets$822
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$2,204
Life insurance assets$92,608
Total liabilities and capital$83,883
Total liabilities$73,551
Total deposits$62,903
Interest-bearing deposits$73,551
Deposits held in domestic offices$87
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$10,250
Other borrowed funds $0
Subordinated debt $82
All other liabilities $8,725
Total equity capital$8,725
Total bank equity capital$8,725
Perpetual preferred stock$0
Common stock$200
Undivided profits $8,325
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $292
Earning assets $0
Long-term assets (5+ years) $1,012
Average Assets, year-to-date $88,416
Average Assets, quarterly $30,134
Volatile liabilities $89,335
Insider loans $91,248
FHLB advances $73,364
Loans and leases held for sale $92,173
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $8,059
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $10,863
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,085
Total interest expense $895
Net interest income $3,190
Provision for loan and lease losses $217
Total noninterest income $224
Fiduciary activities $0
Service charges on deposit accounts $97
Trading account gains & fees $0
Additional noninterest income $127
Total noninterest expense $2,198
Salaries and employee benefits $1,251
Premises and equipment expense $267
Additional noninterest expense $680
Pre-tax net operating income $999
Securities gains (losses) $25
Applicable income taxes $0
Income before extraordinary items $1,024
Extraordinary gains - net $0
Net income attributable to bank $1,024
Net charge-offs $0
Cash dividends $1,024
Sale, conversion, retirement of capital stock, net $163
Net operating income $600
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.81%
Cost of funding earning assets 1.05%
Net interest margin 3.76%
Noninterest income to earning assets 0.26%
Noninterest expense to earning assets 2.59%
Net operating income to assets 1.12%
Return on assets (ROA) 1.15%
Pretax return on assets 1.15%
Return on equity (ROE) 12.24%
Retained earnings to average equity (YTD only) 5.07%
Net charge-offs to loans 0.24%
Credit loss provision to net charge-offs 133.13%
Efficiency ratio7.46%
Assets per employee$64,382
Cash dividends to net income (YTD only)3.56%
Condition Ratios (%)
Loss allowance to loans 58.59%
Loss allowance to noncurrent loans 0.80%
Noncurrent assets plus other real estate owned to assets 189.04%
Noncurrent loans to loans 0.32%
Net loans and leases to deposits0.42%
Net loans and leases to core deposits 93.56%
Equity capital to assets 95.32%
Core capital (leverage) ratio 9.42%
Tier 1 risk-based capital ratio 8.74%
Total risk-based capital ratio 10.98%
Average assets$12
Average earning assets$89,335
Average equity $8,365
Average loans $84,910
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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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