FDIC Certificate #: 30440 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Banterra Bank (#17514) Federal Reserve ID: 578273 Date Established: November 17, 1949 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) OTS Docket #: 5338 FDIC's unique #: 43274 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) Insured commercial Banks: Yes FDIC Insured: Yes SAIF Insured: Yes State Chartered: No Date of Deposit Insurance: November 17, 1949 Last Structure Change Effective Date: June 18, 1999 Last Structure Change Process Date: June 23, 1999 Last Data Update: June 23, 1999 Data Source Date: April 05, 2012
Location
Address: 318 South Park Avenue, Herrin, IL 62948 County: Williamson 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 Combined Statistical Area (CSA): Carbondale-Marion-Herrin, IL (#166) Core Based Statistical Area (CBSA): Marion-Herrin, IL (#32060) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $62.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
23Total employees (full-time equivalent)
$62,007Total assets
$13,422Cash and due from depository institutions
$11,390Interest-bearing balances
$10,609Securities
$0Federal funds sold & reverse repurchase agreements
$36,379Net loans & leases
$372Loan loss allowance
$0Trading account assets
$486Bank premises and fixed assets
$293Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$818All other assets
$62,007Total liabilities and capital
$52,398Total liabilities
$52,035Total deposits
$50,471Interest-bearing deposits
$52,035Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$363All other liabilities
$9,609Total equity capital
$9,609Total bank equity capital
$9,609Perpetual preferred stock
$0Common stock
$1,500Surplus
$2,574Undivided profits
Memoranda
$5,535Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$493Earning assets
$0Long-term assets (5+ years)
$144Average Assets, year-to-date
$58,378Average Assets, quarterly
$20,508Volatile liabilities
$63,245Insider loans
$61,828FHLB advances
$4,007Loans and leases held for sale
$271Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$481Total unused commitments
$0Restructured Loans and leases
$29,084Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$4,392Total interest income
$2,547Total interest expense
$1,845Net interest income
$106Provision for loan and lease losses
$154Total noninterest income
$0Fiduciary activities
$102Service charges on deposit accounts
$0Trading account gains & fees
$52Additional noninterest income
$1,827Total noninterest expense
$706Salaries and employee benefits
$131Premises and equipment expense
$990Additional noninterest expense
$66Pre-tax net operating income
$0Securities gains (losses)
$12Applicable income taxes
$54Income before extraordinary items
$0Extraordinary gains - net
$54Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$134Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.31%Yield on earning assets
4.24%Cost of funding earning assets
3.07%Net interest margin
0.26%Noninterest income to earning assets
3.04%Noninterest expense to earning assets
0.09%Net operating income to assets
0.09%Return on assets (ROA)
0.10%Pretax return on assets
0.56%Return on equity (ROE)
0.56%Retained earnings to average equity (YTD only)
0.32%Net charge-offs to loans
79.10%Credit loss provision to net charge-offs
1.28%Efficiency ratio
91,396Assets per employee
2.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.01%Loss allowance to noncurrent loans
75.46%Noncurrent assets plus other real estate owned to assets
1.27%Noncurrent loans to loans
1.34%Net loans and leases to deposits
69.91%Net loans and leases to core deposits
75.75%Equity capital to assets
15.50%Core capital (leverage) ratio
15.69%Tier 1 risk-based capital ratio
33.05%Total risk-based capital ratio
Memoranda
$34Average assets
$63,245Average earning assets
$9,578Average equity
$60,057Average 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 Heartland National Bank.
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.
Comment about this bank, ask questions, or add new information about it: