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
    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

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Litchfield National Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents