Illini Bank - North in Danvers, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 04, 1993

  • Illini Bank - North in Danvers, Illinois (IL)
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Illini Bank - North - Overview

  • General
  • FDIC Certificate #: 24632
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Illini Bank (#19980)
    Federal Reserve ID: 698537
    Date Established: August 05, 1983
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 17102
    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: August 05, 1983
    Last Structure Change Effective Date: November 04, 1993
    Last Structure Change Process Date: November 22, 1993
    Last Data Update: November 22, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 116 East Exchange, Danvers, IL 61732
    County: Mclean
    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
    Metropolitan Statistical Area (MSA): Bloomington-Normal, IL (#1040)
    Core Based Statistical Area (CBSA): Bloomington-Normal, IL (#14060)
    CBSA Metro Statistical Area: Bloomington-Normal, IL (#14060)
  • Financial Summary
  • Total assets: $25.0 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $16Total assets
  • $24,666Cash and due from depository institutions
  • $917Interest-bearing balances
  • $0Securities
  • $5,328Federal funds sold & reverse repurchase agreements
  • $1,600Net loans & leases
  • $16,062Loan loss allowance
  • $282Trading account assets
  • $0Bank premises and fixed assets
  • $431Other real estate owned
  • $0Goodwill and other intangibles
  • $328Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $24,666Total liabilities
  • $22,807Total deposits
  • $22,280Interest-bearing deposits
  • $19,450Deposits held in domestic offices
  • 22280.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $335Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $192Total equity capital
  • $192Total bank equity capital
  • $1,859Perpetual preferred stock
  • $0Common stock
  • $630Surplus
  • $780Undivided profits
  • Memoranda
  • $449Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $286Income earned, not collected on loans
  • $223Earning assets
  • $22,990Long-term assets (5+ years)
  • $2,359Average Assets, year-to-date
  • $24,016Average Assets, quarterly
  • $24,521Volatile liabilities
  • $4,054Insider loans
  • $24FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,025Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,859Total risk weighted assets
  • $16,492Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,005Total interest expense
  • $941Net interest income
  • $1,064Provision for loan and lease losses
  • $56Total noninterest income
  • $123Fiduciary activities
  • $0Service charges on deposit accounts
  • $90Trading account gains & fees
  • $0Additional noninterest income
  • $33Total noninterest expense
  • $838Salaries and employee benefits
  • $358Premises and equipment expense
  • $106Additional noninterest expense
  • $374Pre-tax net operating income
  • $293Securities gains (losses)
  • -$6Applicable income taxes
  • $104Income before extraordinary items
  • $183Extraordinary gains - net
  • $0Net income attributable to bank
  • $183Net charge-offs
  • $3Cash dividends
  • $60Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.96%Cost of funding earning assets
  • 4.20%Net interest margin
  • 4.75%Noninterest income to earning assets
  • 0.55%Noninterest expense to earning assets
  • 3.74%Net operating income to assets
  • 0.78%Return on assets (ROA)
  • 0.76%Pretax return on assets
  • 1.20%Return on equity (ROE)
  • 10.15%Retained earnings to average equity (YTD only)
  • 6.82%Net charge-offs to loans
  • 0.02%Credit loss provision to net charge-offs
  • 1866.67%Efficiency ratio
  • 70,598Assets per employee
  • 1.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 32.79%Loss allowance to loans
  • 1.73%Loss allowance to noncurrent loans
  • 98.60%Noncurrent assets plus other real estate owned to assets
  • 1.16%Noncurrent loans to loans
  • 1.75%Net loans and leases to deposits
  • 72.09%Net loans and leases to core deposits
  • 86.54%Equity capital to assets
  • 7.54%Core capital (leverage) ratio
  • 7.46%Tier 1 risk-based capital ratio
  • 11.27%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $24,016Average earning assets
  • $1,803Average equity
  • $22,383Average loans

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