Citizens National Bank of Downers Grove in Downers Grove, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 23, 1994

  • Citizens National Bank of Downers Grove in Downers Grove, Illinois (IL)
  • Show street view No street view available for this location

Citizens National Bank of Downers Grove - Overview

  • General
  • FDIC Certificate #: 15770
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Bank National Association (#3630)
    Federal Reserve ID: 785530
    Date Established: September 12, 1940
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 10017
    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: September 12, 1940
    Last Structure Change Effective Date: April 23, 1994
    Last Structure Change Process Date: May 18, 1994
    Last Data Update: December 27, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 5100 Main Street, Downers Grove, IL 60515
    County: Dupage
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Chicago
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Chicago, IL (#1600)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Chicago-Joliet-Naperville, IL (#16974)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $167.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $29Total assets
  • $163,568Cash and due from depository institutions
  • $4,998Interest-bearing balances
  • $0Securities
  • $125,499Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $28,752Loan loss allowance
  • $1,381Trading account assets
  • $0Bank premises and fixed assets
  • $1,895Other real estate owned
  • $728Goodwill and other intangibles
  • $1,696Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $163,568Total liabilities
  • $152,257Total deposits
  • $132,783Interest-bearing deposits
  • $122,497Deposits held in domestic offices
  • 132783.00%% insured (estimated)
  • $82Federal funds purchased & repurchase agreements
  • $18,385Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,089Total equity capital
  • $1,089Total bank equity capital
  • $11,311Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $1,500Undivided profits
  • Memoranda
  • $8,311Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,551Income earned, not collected on loans
  • $184Earning assets
  • $154,251Long-term assets (5+ years)
  • $5,216Average Assets, year-to-date
  • $166,386Average Assets, quarterly
  • $171,557Volatile liabilities
  • $46,123Insider loans
  • $2FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $8,613Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $10,987Total risk weighted assets
  • $56,746Total unused commitments
  • $0Restructured Loans and leases
  • $45,000Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,699Total interest expense
  • $5,646Net interest income
  • $4,053Provision for loan and lease losses
  • $311Total noninterest income
  • $569Fiduciary activities
  • $145Service charges on deposit accounts
  • $350Trading account gains & fees
  • $0Additional noninterest income
  • $74Total noninterest expense
  • $3,788Salaries and employee benefits
  • $1,054Premises and equipment expense
  • $392Additional noninterest expense
  • $2,342Pre-tax net operating income
  • $523Securities gains (losses)
  • -$29Applicable income taxes
  • -$97Income before extraordinary items
  • $591Extraordinary gains - net
  • $0Net income attributable to bank
  • $591Net charge-offs
  • $117Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.18%Cost of funding earning assets
  • 3.60%Net interest margin
  • 2.58%Noninterest income to earning assets
  • 0.36%Noninterest expense to earning assets
  • 2.42%Net operating income to assets
  • 0.37%Return on assets (ROA)
  • 0.36%Pretax return on assets
  • 0.30%Return on equity (ROE)
  • 5.53%Retained earnings to average equity (YTD only)
  • 5.53%Net charge-offs to loans
  • 0.22%Credit loss provision to net charge-offs
  • 265.81%Efficiency ratio
  • 81,956Assets per employee
  • 5.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.58%Loss allowance to noncurrent loans
  • 89.04%Noncurrent assets plus other real estate owned to assets
  • 1.39%Noncurrent loans to loans
  • 5.15%Net loans and leases to deposits
  • 21.65%Net loans and leases to core deposits
  • 27.37%Equity capital to assets
  • 6.92%Core capital (leverage) ratio
  • 6.39%Tier 1 risk-based capital ratio
  • 19.36%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $166,386Average earning assets
  • $10,692Average equity
  • $156,817Average 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 National Bank of Downers Grove.
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