FDIC Certificate #: 3778 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Old National Bank (#4393) Federal Reserve ID: 149048 Date Established: May 04, 1900 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) FDIC's unique #: 2441 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: April 17, 1998 Last Structure Change Process Date: April 27, 1998 Last Data Update: April 27, 1998 Data Source Date: April 05, 2012
Location
Address: 116 West Main Street, Carmi, IL 62821 County: White Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Mount Vernon Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central
Financial Summary
Total assets: $66.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
23Total employees (full-time equivalent)
$64,099Total assets
$2,031Cash and due from depository institutions
$100Interest-bearing balances
$11,824Securities
$11,000Federal funds sold & reverse repurchase agreements
$36,132Net loans & leases
$468Loan loss allowance
$0Trading account assets
$1,107Bank premises and fixed assets
$6Other real estate owned
$1,033Goodwill and other intangibles
$0Life insurance assets
$966All other assets
$64,099Total liabilities and capital
$57,287Total liabilities
$56,482Total deposits
$51,358Interest-bearing deposits
$56,482Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$300Other borrowed funds
$0Subordinated debt
$505All other liabilities
$6,812Total equity capital
$6,812Total bank equity capital
$6,812Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,000Undivided profits
Memoranda
$4,812Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$354Earning assets
$0Long-term assets (5+ years)
$785Average Assets, year-to-date
$59,056Average Assets, quarterly
$10,653Volatile liabilities
$65,517Insider loans
$65,004FHLB advances
$6,109Loans and leases held for sale
$1,223Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,023Total unused commitments
$0Restructured Loans and leases
$39,830Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$4,916Total interest income
$2,128Total interest expense
$2,788Net interest income
$260Provision for loan and lease losses
$179Total noninterest income
$0Fiduciary activities
$135Service charges on deposit accounts
$0Trading account gains & fees
$44Additional noninterest income
$1,657Total noninterest expense
$885Salaries and employee benefits
$212Premises and equipment expense
$560Additional noninterest expense
$1,050Pre-tax net operating income
-$22Securities gains (losses)
$439Applicable income taxes
$589Income before extraordinary items
$0Extraordinary gains - net
$589Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$223Sale, conversion, retirement of capital stock, net
$1,229Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.12%Yield on earning assets
3.52%Cost of funding earning assets
4.61%Net interest margin
0.30%Noninterest income to earning assets
2.74%Noninterest expense to earning assets
0.92%Net operating income to assets
0.90%Return on assets (ROA)
1.57%Pretax return on assets
8.48%Return on equity (ROE)
-9.22%Retained earnings to average equity (YTD only)
0.63%Net charge-offs to loans
116.59%Credit loss provision to net charge-offs
5.87%Efficiency ratio
52,646Assets per employee
2.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
208.66%Loss allowance to loans
1.28%Loss allowance to noncurrent loans
132.20%Noncurrent assets plus other real estate owned to assets
0.56%Noncurrent loans to loans
0.97%Net loans and leases to deposits
63.97%Net loans and leases to core deposits
71.30%Equity capital to assets
10.63%Core capital (leverage) ratio
8.80%Tier 1 risk-based capital ratio
14.15%Total risk-based capital ratio
Memoranda
$15Average assets
$65,517Average earning assets
$6,944Average equity
$60,517Average loans
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