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

This bank is inactive as of July 14, 1997

  • The Oakland National Bank in Oakland, Illinois (IL)
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The Oakland National Bank - Overview

  • General
  • FDIC Certificate #: 3717
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Citizens National Bank of Paris (#3721)
    Federal Reserve ID: 848145
    Date Established: October 05, 1874
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    OTS Docket #: 13549
    FDIC's unique #: 2383
    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: July 14, 1997
    Last Structure Change Process Date: July 28, 1997
    Last Data Update: July 28, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Oakland, IL 61943
    County: Coles
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Champaign
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Charleston-Mattoon, IL (#16660)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $23.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $11Total assets
  • $20,220Cash and due from depository institutions
  • $1,139Interest-bearing balances
  • $0Securities
  • $6,537Federal funds sold & reverse repurchase agreements
  • $33Net loans & leases
  • $11,180Loan loss allowance
  • $315Trading account assets
  • $0Bank premises and fixed assets
  • $117Other real estate owned
  • $0Goodwill and other intangibles
  • $383Life insurance assets
  • $831All other assets
  • $0Total liabilities and capital
  • $20,220Total liabilities
  • $17,455Total deposits
  • $16,787Interest-bearing deposits
  • $14,511Deposits held in domestic offices
  • 16787.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $500Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $168Total equity capital
  • $168Total bank equity capital
  • $2,765Perpetual preferred stock
  • $0Common stock
  • $159Surplus
  • $2,420Undivided profits
  • Memoranda
  • $186Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $139Income earned, not collected on loans
  • $208Earning assets
  • $17,750Long-term assets (5+ years)
  • $1,690Average Assets, year-to-date
  • $19,703Average Assets, quarterly
  • $20,188Volatile liabilities
  • $1,709Insider loans
  • $176FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,520Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,923Total risk weighted assets
  • $11,937Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,468Total interest expense
  • $653Net interest income
  • $815Provision for loan and lease losses
  • $0Total noninterest income
  • $104Fiduciary activities
  • $0Service charges on deposit accounts
  • $50Trading account gains & fees
  • $0Additional noninterest income
  • $54Total noninterest expense
  • $645Salaries and employee benefits
  • $353Premises and equipment expense
  • $58Additional noninterest expense
  • $234Pre-tax net operating income
  • $274Securities gains (losses)
  • $0Applicable income taxes
  • $99Income before extraordinary items
  • $175Extraordinary gains - net
  • $0Net income attributable to bank
  • $175Net charge-offs
  • $82Cash dividends
  • $65Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.41%Cost of funding earning assets
  • 3.74%Net interest margin
  • 4.67%Noninterest income to earning assets
  • 0.60%Noninterest expense to earning assets
  • 3.69%Net operating income to assets
  • 0.89%Return on assets (ROA)
  • 0.89%Pretax return on assets
  • 1.39%Return on equity (ROE)
  • 6.47%Retained earnings to average equity (YTD only)
  • 4.07%Net charge-offs to loans
  • 0.74%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 63,112Assets per employee
  • 1.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.14%Loss allowance to loans
  • 2.74%Loss allowance to noncurrent loans
  • 226.62%Noncurrent assets plus other real estate owned to assets
  • 0.69%Noncurrent loans to loans
  • 1.21%Net loans and leases to deposits
  • 66.60%Net loans and leases to core deposits
  • 71.77%Equity capital to assets
  • 13.67%Core capital (leverage) ratio
  • 10.00%Tier 1 risk-based capital ratio
  • 16.11%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $19,703Average earning assets
  • $2,703Average equity
  • $17,462Average loans

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