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


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

  • General
  • FDIC Certificate #: 3719
    Status: Active
    Federal Reserve ID: 856243
    Bank Holding Company (Regulatory Top Holder): First Ottawa Bancshares, Inc. (RSSDID: 2791816, Location: Ottawa, IL)
    Date Established: June 01, 1865
    WWW: http://www.firstottawa.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Domestic: 8, Interstate: No)
    FDIC's unique #: 2385
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    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: 710-703 La Salle Street, Ottawa, IL 61350
    County: La Salle
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Ottawa-Streator, IL (#36860)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $270.5 mil
    Equity capital: $24.1 mil
    Deposits held in domestic offices: $242.3 mil
    Return on assets (ROA): 0.31% ($0.8 mil)
    Quarterly return on assets: -0.31% (-$0.8 mil)
    Return on Equity (ROE): 3.68% ($0.9 mil)
    Quarterly return on equity: -3.57% (-$0.9 mil)
    Net income: $0.9 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: 0.33% ($892.8 mil)
    Quarterly Pretax return on assets: -0.70% (-$1,893.8 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, 2011)

  • Dollar figures in thousands
  • 86Total employees (full-time equivalent)
  • $270,539Total assets
  • $76,693Cash and due from depository institutions
  • $59,126Interest-bearing balances
  • $42,187Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $126,919Net loans & leases
  • $2,781Loan loss allowance
  • $0Trading account assets
  • $7,429Bank premises and fixed assets
  • $4,878Other real estate owned
  • $3,038Goodwill and other intangibles
  • $270,539Life insurance assets
  • $9,395All other assets
  • $246,411Total liabilities and capital
  • $242,258Total liabilities
  • $239,776Total deposits
  • $242,258Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 1800.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,353Subordinated debt
  • $24,128All other liabilities
  • $24,128Total equity capital
  • $24,128Total bank equity capital
  • $0Perpetual preferred stock
  • $750Common stock
  • $4,000Surplus
  • $19,378Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $145Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,095Income earned, not collected on loans
  • $0Earning assets
  • $1,180Long-term assets (5+ years)
  • $228,232Average Assets, year-to-date
  • $43,050Average Assets, quarterly
  • $278,811Volatile liabilities
  • $278,156Insider loans
  • $145,540FHLB advances
  • $278,327Loans and leases held for sale
  • $3,857Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $20,773Tier 2 risk-based capital
  • $3,857Total risk weighted assets
  • $0Total unused commitments
  • $16,433Restructured Loans and leases
  • $1,212Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,522Total interest income
  • $1,588Total interest expense
  • $8,934Net interest income
  • $745Provision for loan and lease losses
  • $1,464Total noninterest income
  • $639Fiduciary activities
  • $645Service charges on deposit accounts
  • $0Trading account gains & fees
  • $180Additional noninterest income
  • $9,034Total noninterest expense
  • $4,687Salaries and employee benefits
  • $1,239Premises and equipment expense
  • $3,108Additional noninterest expense
  • $619Pre-tax net operating income
  • $296Securities gains (losses)
  • $51Applicable income taxes
  • $864Income before extraordinary items
  • $0Extraordinary gains - net
  • $864Net income attributable to bank
  • $0Net charge-offs
  • $864Cash dividends
  • $1,327Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.23%Yield on earning assets
  • 0.64%Cost of funding earning assets
  • 3.59%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 3.63%Noninterest expense to earning assets
  • 0.21%Net operating income to assets
  • 0.31%Return on assets (ROA)
  • 0.33%Pretax return on assets
  • 3.68%Return on equity (ROE)
  • 3.68%Retained earnings to average equity (YTD only)
  • 0.96%Net charge-offs to loans
  • 56.14%Credit loss provision to net charge-offs
  • 1.03%Efficiency ratio
  • 85,478Assets per employee
  • 3.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.14%Loss allowance to noncurrent loans
  • 39.20%Noncurrent assets plus other real estate owned to assets
  • 4.43%Noncurrent loans to loans
  • 5.47%Net loans and leases to deposits
  • 52.39%Net loans and leases to core deposits
  • 54.80%Equity capital to assets
  • 8.92%Core capital (leverage) ratio
  • 7.46%Tier 1 risk-based capital ratio
  • 14.27%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $278,811Average earning assets
  • $23,494Average equity
  • $248,754Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $125,817Managed Assets
  • 1Number of Accounts
  • $87,611Personal trust and agency accounts
  • $55,620Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,286Other retirement accounts
  • $185Corporate trust and agency accounts
  • $4,911Investment management agency accounts
  • $25,607Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $2Non-managed Assets
  • 366Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $38,206Other retirement accounts
  • $23,140Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,787Fiduciary accounts held in foreign offices

List of branches

  • 8 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02385The First National Bank Of Ottawa710-703 La Salle Street, Ottawa, IL 61350June 01, 1865Full Service Brick and Mortar
    1201798Plaza Facility300 West Madison Street, Ottawa, IL 61350December 14, 1976Limited Service Facility
    2201799South Branch601 State Street, Ottawa, IL 61350March 20, 1980Full Service Brick and Mortar
    3201800Northfield BranchOne North Ottawa Plaza, Ottawa, IL 61350May 04, 1987Full Service Brick and Mortar
    42408Streator Banking Center Facility409 East Bridge Street, Streator, IL 61364May 08, 1882Full Service Brick and Mortar
    5201859North Facility2324 North Bloomington Street, Streator, IL 61364August 27, 1979Limited Service Facility
    6429750First National Bank-Morris Branch1771 N Division, Morris, IL 60450July 21, 2003Full Service Brick and Mortar
    7441905First National Bank-Yorkville Branch1459 Cannonball Trail, Yorkville, IL 60560May 13, 2005Full Service Brick and Mortar

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