FDIC Certificate #: 16315 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Financial Bank, National Association (#4382) Federal Reserve ID: 38441 Date Established: September 28, 1945 WWW:http://www.first-online.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 13458 FDIC's unique #: 10502 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: September 28, 1945 Last Structure Change Effective Date: October 18, 2003 Last Structure Change Process Date: November 21, 2003 Last Data Update: November 21, 2003 Data Source Date: April 05, 2012
Location
Address: 11 South State Street, Ridge Farm, IL 61870 County: Vermilion 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): Danville, IL (#19180) CBSA Metro Statistical Area: Danville, IL (#19180)
Financial Summary
Total assets: $26.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2002)
Dollar figures in thousands
7Total employees (full-time equivalent)
$23,135Total assets
$399Cash and due from depository institutions
$0Interest-bearing balances
$7,748Securities
$675Federal funds sold & reverse repurchase agreements
$13,003Net loans & leases
$276Loan loss allowance
$0Trading account assets
$144Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,166All other assets
$23,135Total liabilities and capital
$20,216Total liabilities
$19,890Total deposits
$18,197Interest-bearing deposits
$19,890Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$326All other liabilities
$2,919Total equity capital
$2,919Total bank equity capital
$2,919Perpetual preferred stock
$0Common stock
$100Surplus
$1,155Undivided profits
Memoranda
$1,664Noncurrent loans and leases
$680Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$47Earning assets
$0Long-term assets (5+ years)
$284Average Assets, year-to-date
$21,426Average Assets, quarterly
$4,991Volatile liabilities
$23,881Insider loans
$23,068FHLB advances
$3,986Loans and leases held for sale
$688Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$680Total unused commitments
$0Restructured Loans and leases
$206Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$1,461Total interest income
$539Total interest expense
$922Net interest income
$0Provision for loan and lease losses
$185Total noninterest income
$0Fiduciary activities
$57Service charges on deposit accounts
$0Trading account gains & fees
$128Additional noninterest income
$614Total noninterest expense
$304Salaries and employee benefits
$58Premises and equipment expense
$252Additional noninterest expense
$493Pre-tax net operating income
$0Securities gains (losses)
$116Applicable income taxes
$377Income before extraordinary items
$0Extraordinary gains - net
$377Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$130Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.62%Yield on earning assets
2.44%Cost of funding earning assets
4.18%Net interest margin
0.84%Noninterest income to earning assets
2.78%Noninterest expense to earning assets
1.58%Net operating income to assets
1.58%Return on assets (ROA)
2.06%Pretax return on assets
13.71%Return on equity (ROE)
8.98%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
55,465Assets per employee
3.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
34.48%Loss allowance to loans
2.08%Loss allowance to noncurrent loans
587.23%Noncurrent assets plus other real estate owned to assets
0.20%Noncurrent loans to loans
0.35%Net loans and leases to deposits
65.37%Net loans and leases to core deposits
81.76%Equity capital to assets
12.62%Core capital (leverage) ratio
11.44%Tier 1 risk-based capital ratio
16.27%Total risk-based capital ratio
Memoranda
$18Average assets
$23,881Average earning assets
$2,750Average equity
$22,053Average loans
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