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


The Litchfield National Bank - Overview

  • General
  • FDIC Certificate #: 3808
    Status: Active
    Federal Reserve ID: 372444
    Bank Holding Company (Regulatory Top Holder): Litchfield Bancshares Company (RSSDID: 1248489, Location: Litchfield, IL)
    Date Established: May 01, 1907
    WWW: http://www.litchfieldnationalbank.com
    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: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 2469
    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: No
    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: 316 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: $90.3 mil
    Equity capital: $6.7 mil
    Deposits held in domestic offices: $83.3 mil
    Return on assets (ROA): 0.47% ($0.4 mil)
    Quarterly return on assets: -0.07% (-$0.1 mil)
    Return on Equity (ROE): 6.57% ($0.5 mil)
    Quarterly return on equity: -0.89% (-$0.1 mil)
    Net income: $0.4 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.69% ($622.9 mil)
    Quarterly Pretax return on assets: -0.40% (-$361.1 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
  • 32Total employees (full-time equivalent)
  • $90,273Total assets
  • $12,377Cash and due from depository institutions
  • $10,405Interest-bearing balances
  • $20,919Securities
  • $2,251Federal funds sold & reverse repurchase agreements
  • $51,973Net loans & leases
  • $425Loan loss allowance
  • $0Trading account assets
  • $1,486Bank premises and fixed assets
  • $50Other real estate owned
  • $70Goodwill and other intangibles
  • $90,273Life insurance assets
  • $1,147All other assets
  • $83,595Total liabilities and capital
  • $83,257Total liabilities
  • $67,836Total deposits
  • $83,257Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $338Subordinated debt
  • $6,678All other liabilities
  • $6,678Total equity capital
  • $6,678Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $300Surplus
  • $6,278Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $417Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,604Income earned, not collected on loans
  • $0Earning assets
  • $639Long-term assets (5+ years)
  • $85,548Average Assets, year-to-date
  • $43,456Average Assets, quarterly
  • $89,118Volatile liabilities
  • $89,251Insider loans
  • $53,545FHLB advances
  • $89,888Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,642Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,934Restructured Loans and leases
  • $1,985Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,813Total interest income
  • $605Total interest expense
  • $3,208Net interest income
  • $115Provision for loan and lease losses
  • $115Total noninterest income
  • $0Fiduciary activities
  • $168Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$53Additional noninterest income
  • $2,595Total noninterest expense
  • $1,604Salaries and employee benefits
  • $244Premises and equipment expense
  • $747Additional noninterest expense
  • $613Pre-tax net operating income
  • $0Securities gains (losses)
  • $195Applicable income taxes
  • $418Income before extraordinary items
  • $0Extraordinary gains - net
  • $418Net income attributable to bank
  • $0Net charge-offs
  • $418Cash dividends
  • $449Sale, conversion, retirement of capital stock, net
  • $100Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.51%Yield on earning assets
  • 0.72%Cost of funding earning assets
  • 3.79%Net interest margin
  • 0.14%Noninterest income to earning assets
  • 3.07%Noninterest expense to earning assets
  • 0.47%Net operating income to assets
  • 0.47%Return on assets (ROA)
  • 0.69%Pretax return on assets
  • 6.57%Return on equity (ROE)
  • 5.00%Retained earnings to average equity (YTD only)
  • 0.86%Net charge-offs to loans
  • 25.61%Credit loss provision to net charge-offs
  • 1.62%Efficiency ratio
  • 78,092Assets per employee
  • 2.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 23.92%Loss allowance to loans
  • 0.81%Loss allowance to noncurrent loans
  • 26.50%Noncurrent assets plus other real estate owned to assets
  • 1.83%Noncurrent loans to loans
  • 3.06%Net loans and leases to deposits
  • 62.42%Net loans and leases to core deposits
  • 63.63%Equity capital to assets
  • 7.40%Core capital (leverage) ratio
  • 7.39%Tier 1 risk-based capital ratio
  • 12.40%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $89,118Average earning assets
  • $6,365Average equity
  • $84,604Average loans

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02469The Litchfield National Bank316 North State Street, Litchfield, IL 62056May 01, 1907Full Service Brick and Mortar
    1201940Drive-In Facility704 North State Street, Litchfield, IL 62056December 01, 1972Limited Service Facility
    2201941Wal Mart Branch1205 West Ferdon Street, Litchfield, IL 62056August 18, 1999Full Service Retail

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