FDIC Certificate #: 11675 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Neighbor Bank, National Association (#3747) Federal Reserve ID: 6842 Date Established: June 12, 1912 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 13977 FDIC's unique #: 7462 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: January 01, 1934 Last Structure Change Effective Date: July 15, 2002 Last Structure Change Process Date: August 09, 2002 Last Data Update: August 09, 2002 Data Source Date: April 05, 2012
Location
Address: 511 South Broadway, Newman, IL 61942 County: Douglas 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
Financial Summary
Total assets: $22.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
7Total employees (full-time equivalent)
$23,324Total assets
$1,104Cash and due from depository institutions
$6Interest-bearing balances
$2,229Securities
$2,450Federal funds sold & reverse repurchase agreements
$15,990Net loans & leases
$146Loan loss allowance
$0Trading account assets
$873Bank premises and fixed assets
$0Other real estate owned
$54Goodwill and other intangibles
$0Life insurance assets
$624All other assets
$23,324Total liabilities and capital
$21,327Total liabilities
$20,794Total deposits
$17,286Interest-bearing deposits
$20,794Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$301Other borrowed funds
$0Subordinated debt
$232All other liabilities
$1,997Total equity capital
$1,997Total bank equity capital
$1,997Perpetual preferred stock
$0Common stock
$150Surplus
$1,464Undivided profits
Memoranda
$383Noncurrent loans and leases
$2,610Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$115Earning assets
$0Long-term assets (5+ years)
$285Average Assets, year-to-date
$20,675Average Assets, quarterly
$768Volatile liabilities
$23,264Insider loans
$23,222FHLB advances
$2,538Loans and leases held for sale
$671Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,610Total unused commitments
$0Restructured Loans and leases
$146Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$1,629Total interest income
$897Total interest expense
$732Net interest income
$133Provision for loan and lease losses
$158Total noninterest income
$0Fiduciary activities
$112Service charges on deposit accounts
$0Trading account gains & fees
$46Additional noninterest income
$629Total noninterest expense
$327Salaries and employee benefits
$98Premises and equipment expense
$204Additional noninterest expense
$128Pre-tax net operating income
$0Securities gains (losses)
$52Applicable income taxes
$76Income before extraordinary items
$0Extraordinary gains - net
$76Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$101Sale, conversion, retirement of capital stock, net
$30Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.96%Yield on earning assets
4.38%Cost of funding earning assets
3.58%Net interest margin
0.77%Noninterest income to earning assets
3.07%Noninterest expense to earning assets
0.33%Net operating income to assets
0.33%Return on assets (ROA)
0.55%Pretax return on assets
3.81%Return on equity (ROE)
2.30%Retained earnings to average equity (YTD only)
0.64%Net charge-offs to loans
131.68%Credit loss provision to net charge-offs
2.58%Efficiency ratio
69,775Assets per employee
3.33%Cash dividends to net income (YTD only)
Condition Ratios (%)
39.47%Loss allowance to loans
0.90%Loss allowance to noncurrent loans
126.96%Noncurrent assets plus other real estate owned to assets
0.49%Noncurrent loans to loans
0.71%Net loans and leases to deposits
76.90%Net loans and leases to core deposits
87.59%Equity capital to assets
8.56%Core capital (leverage) ratio
8.39%Tier 1 risk-based capital ratio
11.10%Total risk-based capital ratio
Memoranda
$12Average assets
$23,264Average earning assets
$1,997Average equity
$20,464Average loans
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