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

This bank is inactive as of December 31, 1998

  • Citizens Bank of Illinois, National Association in Mount Vernon, Illinois (IL)
  • Show street view No street view available for this location

Citizens Bank of Illinois, National Association - Overview

  • General
  • FDIC Certificate #: 18099
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fifth Third Bank, Indiana (#8164)
    Federal Reserve ID: 229548
    Date Established: November 02, 1959
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 13 (Interstate: No)
    FDIC's unique #: 12021
    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: November 02, 1959
    Last Structure Change Effective Date: December 31, 1998
    Last Structure Change Process Date: Febuary 03, 1999
    Last Data Update: Febuary 03, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 117 North Tenth Street, Mount 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: $709.8 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
  • 167Total employees (full-time equivalent)
  • $657,216Total assets
  • $13,070Cash and due from depository institutions
  • $51Interest-bearing balances
  • $299,481Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $314,409Net loans & leases
  • $5,833Loan loss allowance
  • $0Trading account assets
  • $10,830Bank premises and fixed assets
  • $559Other real estate owned
  • $3,121Goodwill and other intangibles
  • $0Life insurance assets
  • $15,746All other assets
  • $657,216Total liabilities and capital
  • $605,293Total liabilities
  • $499,842Total deposits
  • $466,011Interest-bearing deposits
  • $499,842Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $72,476Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $26,996Other borrowed funds
  • $0Subordinated debt
  • $5,979All other liabilities
  • $51,923Total equity capital
  • $51,923Total bank equity capital
  • $51,923Perpetual preferred stock
  • $0Common stock
  • $3,017Surplus
  • $15,639Undivided profits
  • Memoranda
  • $33,267Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,330Earning assets
  • $35Long-term assets (5+ years)
  • $2,731Average Assets, year-to-date
  • $613,941Average Assets, quarterly
  • $312,617Volatile liabilities
  • $669,329Insider loans
  • $668,420FHLB advances
  • $109,920Loans and leases held for sale
  • $10,026Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $18,426Total risk weighted assets
  • $53,767Total unused commitments
  • $0Restructured Loans and leases
  • $359,637Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $48,356Total interest income
  • $28,486Total interest expense
  • $19,870Net interest income
  • $1,189Provision for loan and lease losses
  • $4,724Total noninterest income
  • $0Fiduciary activities
  • $1,668Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,056Additional noninterest income
  • $15,520Total noninterest expense
  • $6,459Salaries and employee benefits
  • $1,579Premises and equipment expense
  • $7,482Additional noninterest expense
  • $7,885Pre-tax net operating income
  • $38Securities gains (losses)
  • $2,102Applicable income taxes
  • $5,821Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,821Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $743Sale, conversion, retirement of capital stock, net
  • $4,879Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.74%Yield on earning assets
  • 4.56%Cost of funding earning assets
  • 3.18%Net interest margin
  • 0.76%Noninterest income to earning assets
  • 2.48%Noninterest expense to earning assets
  • 0.87%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 1.18%Pretax return on assets
  • 11.52%Return on equity (ROE)
  • 1.86%Retained earnings to average equity (YTD only)
  • 0.23%Net charge-offs to loans
  • 160.03%Credit loss provision to net charge-offs
  • 12.21%Efficiency ratio
  • 60,641Assets per employee
  • 3.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 83.82%Loss allowance to loans
  • 1.82%Loss allowance to noncurrent loans
  • 175.17%Noncurrent assets plus other real estate owned to assets
  • 0.59%Noncurrent loans to loans
  • 1.04%Net loans and leases to deposits
  • 62.90%Net loans and leases to core deposits
  • 67.70%Equity capital to assets
  • 7.90%Core capital (leverage) ratio
  • 7.26%Tier 1 risk-based capital ratio
  • 13.44%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $669,329Average earning assets
  • $50,514Average equity
  • $624,920Average loans

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 Citizens Bank of Illinois, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents