Citizens Bank of Illinois, National Association in Mt. Vernon, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 14, 1997

  • Citizens Bank of Illinois, National Association in Mt. Vernon, Illinois (IL)
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Citizens Bank of Illinois, National Association - Overview

  • General
  • FDIC Certificate #: 1043
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citizens Bank of Illinois, National Association (#18099)
    Federal Reserve ID: 229548
    Date Established: July 01, 1937
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 11 (Interstate: No)
    OTS Docket #: 13416
    FDIC's unique #: 696
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: July 01, 1937
    Last Structure Change Effective Date: Febuary 14, 1997
    Last Structure Change Process Date: March 10, 1997
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 117 North Tenth Street, Mt. Vernon, IL 62864
    County: Jefferson
    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
    Core Based Statistical Area (CBSA): Mount Vernon, IL (#34500)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $560.6 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)
  • $142Total assets
  • $560,559Cash and due from depository institutions
  • $16,822Interest-bearing balances
  • $45Securities
  • $259,430Federal funds sold & reverse repurchase agreements
  • $2,000Net loans & leases
  • $258,537Loan loss allowance
  • $4,437Trading account assets
  • $0Bank premises and fixed assets
  • $10,189Other real estate owned
  • $154Goodwill and other intangibles
  • $11,764Life insurance assets
  • $1,663All other assets
  • $0Total liabilities and capital
  • $560,559Total liabilities
  • $523,734Total deposits
  • $419,563Interest-bearing deposits
  • $388,707Deposits held in domestic offices
  • 419563.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $98,455Trading liabilities
  • $0Other borrowed funds
  • $1,307Subordinated debt
  • $0All other liabilities
  • $4,409Total equity capital
  • $4,409Total bank equity capital
  • $36,825Perpetual preferred stock
  • $0Common stock
  • $3,440Surplus
  • $10,216Undivided profits
  • Memoranda
  • $23,169Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,815Income earned, not collected on loans
  • $2,383Earning assets
  • $520,012Long-term assets (5+ years)
  • $234,527Average Assets, year-to-date
  • $507,306Average Assets, quarterly
  • $529,027Volatile liabilities
  • $126,887Insider loans
  • $7,348FHLB advances
  • $0Loans and leases held for sale
  • $2,042Unused loan commitments
  • $33,001Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $35,479Total risk weighted assets
  • $292,891Total unused commitments
  • $0Restructured Loans and leases
  • $82,307Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $36,930Total interest expense
  • $20,560Net interest income
  • $16,370Provision for loan and lease losses
  • $782Total noninterest income
  • $4,111Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,207Trading account gains & fees
  • $0Additional noninterest income
  • $2,904Total noninterest expense
  • $14,281Salaries and employee benefits
  • $5,389Premises and equipment expense
  • $1,479Additional noninterest expense
  • $7,413Pre-tax net operating income
  • $5,418Securities gains (losses)
  • $313Applicable income taxes
  • $1,561Income before extraordinary items
  • $4,170Extraordinary gains - net
  • $0Net income attributable to bank
  • $4,170Net charge-offs
  • $1,321Cash dividends
  • $2,865Sale, 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
  • 7.81%Cost of funding earning assets
  • 4.35%Net interest margin
  • 3.46%Noninterest income to earning assets
  • 0.87%Noninterest expense to earning assets
  • 3.02%Net operating income to assets
  • 0.78%Return on assets (ROA)
  • 0.82%Pretax return on assets
  • 1.13%Return on equity (ROE)
  • 11.55%Retained earnings to average equity (YTD only)
  • 3.62%Net charge-offs to loans
  • 0.49%Credit loss provision to net charge-offs
  • 59.20%Efficiency ratio
  • 67,629Assets per employee
  • 3.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 68.71%Loss allowance to loans
  • 1.69%Loss allowance to noncurrent loans
  • 157.62%Noncurrent assets plus other real estate owned to assets
  • 0.53%Noncurrent loans to loans
  • 1.07%Net loans and leases to deposits
  • 61.62%Net loans and leases to core deposits
  • 65.88%Equity capital to assets
  • 6.57%Core capital (leverage) ratio
  • 6.78%Tier 1 risk-based capital ratio
  • 12.11%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $507,306Average earning assets
  • $36,097Average equity
  • $473,071Average loans

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