The First National Bank of Mt. Pulaski in Mount Pulaski, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 21, 2008

The First National Bank of Mt. Pulaski in Mount Pulaski, Illinois (IL)
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The First National Bank of Mt. Pulaski - Overview

General
FDIC Certificate #: 3715
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Midwest BankCentre (#1058)
Federal Reserve ID: 966245
Date Established: January 01, 1888
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)
OTS Docket #: 14137
FDIC's unique #: 2381
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: March 21, 2008
Last Structure Change Process Date: March 27, 2008
Last Data Update: March 27, 2008
Data Source Date: April 05, 2012
Location
Address: 205 East Jefferson Street, Mount Pulaski, IL 62548
County: Logan
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
Core Based Statistical Area (CBSA): Lincoln, IL (#30660)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $43.5 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, 2007)

Dollar figures in thousands
17Total employees (full-time equivalent)
$43,474Total assets
$2,749Cash and due from depository institutions
$278Interest-bearing balances
$11,433Securities
$5,077Federal funds sold & reverse repurchase agreements
$21,659Net loans & leases
$353Loan loss allowance
$0Trading account assets
$1,303Bank premises and fixed assets
$96Other real estate owned
$0Goodwill and other intangibles
$269Life insurance assets
$1,157All other assets
$43,474Total liabilities and capital
$39,762Total liabilities
$37,162Total deposits
$30,909Interest-bearing deposits
$37,162Deposits held in domestic offices
0.00%% insured (estimated)
$1,939Federal funds purchased & repurchase agreements
$0Trading liabilities
$42Other borrowed funds
$0Subordinated debt
$619All other liabilities
$3,712Total equity capital
$3,712Total bank equity capital
$3,712Perpetual preferred stock
$0Common stock
$500Surplus
$920Undivided profits
Memoranda
$2,292Noncurrent loans and leases
$1,950Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$946Earning assets
$0Long-term assets (5+ years)
$383Average Assets, year-to-date
$38,447Average Assets, quarterly
$6,099Volatile liabilities
$43,024Insider loans
$42,532FHLB advances
$5,079Loans and leases held for sale
$12Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$473Total risk weighted assets
$1,950Total unused commitments
$0Restructured Loans and leases
$291Derivatives

Income and Expense (December 31, 2007)

Dollar figures in thousands
$2,555Total interest income
$1,133Total interest expense
$1,422Net interest income
$275Provision for loan and lease losses
$525Total noninterest income
$38Fiduciary activities
$11Service charges on deposit accounts
$0Trading account gains & fees
$476Additional noninterest income
$1,612Total noninterest expense
$744Salaries and employee benefits
$267Premises and equipment expense
$601Additional noninterest expense
$60Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$60Income before extraordinary items
$0Extraordinary gains - net
$60Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$89Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2007)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.67%Yield on earning assets
2.96%Cost of funding earning assets
3.71%Net interest margin
1.37%Noninterest income to earning assets
4.21%Noninterest expense to earning assets
0.14%Net operating income to assets
0.14%Return on assets (ROA)
0.14%Pretax return on assets
1.68%Return on equity (ROE)
1.68%Retained earnings to average equity (YTD only)
0.36%Net charge-offs to loans
308.99%Credit loss provision to net charge-offs
3.76%Efficiency ratio
82,794Assets per employee
2.56%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.60%Loss allowance to noncurrent loans
37.32%Noncurrent assets plus other real estate owned to assets
2.40%Noncurrent loans to loans
4.30%Net loans and leases to deposits
58.28%Net loans and leases to core deposits
63.58%Equity capital to assets
8.54%Core capital (leverage) ratio
8.60%Tier 1 risk-based capital ratio
15.58%Total risk-based capital ratio
Memoranda
$17Average assets
$43,024Average earning assets
$3,563Average equity
$38,290Average loans

Total Fiduciary and Related Assets (December 31, 2007)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$5,618Managed Assets
1Number of Accounts
$5,618Personal trust and agency accounts
$5,618Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
9Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

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