Boatmen's National Bank of Central Illinois in Hillsboro, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 13, 1997

Boatmen's National Bank of Central Illinois in Hillsboro, Illinois (IL)
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Boatmen's National Bank of Central Illinois - Overview

General
FDIC Certificate #: 3803
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank of America, National Association (#15802)
Federal Reserve ID: 657244
Date Established: October 01, 1882
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 #: 2464
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: June 13, 1997
Last Structure Change Process Date: June 24, 1997
Last Data Update: June 24, 1997
Data Source Date: April 05, 2012
Location
Address: 420 South Main Street, Hillsboro, IL 62812
County: Montgomery
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Atlanta
FDIC Field Office: Springfield Il
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Financial Summary
Total assets: $119.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$48Total assets
$110,110Cash and due from depository institutions
$3,256Interest-bearing balances
$0Securities
$29,694Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$74,560Loan loss allowance
$1,212Trading account assets
$0Bank premises and fixed assets
$737Other real estate owned
$80Goodwill and other intangibles
$1,783Life insurance assets
$0All other assets
$0Total liabilities and capital
$110,110Total liabilities
$99,089Total deposits
$93,021Interest-bearing deposits
$83,557Deposits held in domestic offices
93021.00%% insured (estimated)
$92Federal funds purchased & repurchase agreements
$4,875Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,193Total equity capital
$1,193Total bank equity capital
$11,021Perpetual preferred stock
$0Common stock
$1,100Surplus
$1,100Undivided profits
Memoranda
$8,821Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$844Income earned, not collected on loans
$746Earning assets
$104,254Long-term assets (5+ years)
$7,680Average Assets, year-to-date
$110,307Average Assets, quarterly
$110,778Volatile liabilities
$7,389Insider loans
$439FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,041Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$10,990Total risk weighted assets
$72,441Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$8,270Total interest expense
$3,596Net interest income
$4,674Provision for loan and lease losses
$163Total noninterest income
$526Fiduciary activities
$0Service charges on deposit accounts
$354Trading account gains & fees
$0Additional noninterest income
$172Total noninterest expense
$2,584Salaries and employee benefits
$1,490Premises and equipment expense
$255Additional noninterest expense
$839Pre-tax net operating income
$2,453Securities gains (losses)
$0Applicable income taxes
$701Income before extraordinary items
$1,752Extraordinary gains - net
$0Net income attributable to bank
$1,752Net charge-offs
$175Cash dividends
$1,495Sale, 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
7.91%Cost of funding earning assets
3.44%Net interest margin
4.47%Noninterest income to earning assets
0.50%Noninterest expense to earning assets
2.47%Net operating income to assets
1.59%Return on assets (ROA)
1.59%Pretax return on assets
2.22%Return on equity (ROE)
16.29%Retained earnings to average equity (YTD only)
2.39%Net charge-offs to loans
0.24%Credit loss provision to net charge-offs
93.14%Efficiency ratio
49,692Assets per employee
2.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
85.33%Loss allowance to loans
1.60%Loss allowance to noncurrent loans
143.60%Noncurrent assets plus other real estate owned to assets
0.84%Noncurrent loans to loans
1.11%Net loans and leases to deposits
80.15%Net loans and leases to core deposits
82.38%Equity capital to assets
10.01%Core capital (leverage) ratio
10.00%Tier 1 risk-based capital ratio
15.17%Total risk-based capital ratio
Memoranda
$16Average assets
$110,307Average earning assets
$10,757Average equity
$104,611Average loans

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