The City National Bank of Danville in Danville, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 26, 1993

  • The City National Bank of Danville in Danville, Illinois (IL)
  • Show street view No street view available for this location

The City National Bank of Danville - Overview

  • General
  • FDIC Certificate #: 21760
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Palmer-American National Bank of Danville (#3646)
    Federal Reserve ID: 42439
    Date Established: September 06, 1974
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 15066
    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 06, 1974
    Last Structure Change Effective Date: April 26, 1993
    Last Structure Change Process Date: June 02, 1993
    Last Data Update: June 02, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 2431 North Vermilion Street, Danville, IL 61832
    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: $24.4 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $26Total assets
  • $24,915Cash and due from depository institutions
  • $10,136Interest-bearing balances
  • $7,026Securities
  • $1,741Federal funds sold & reverse repurchase agreements
  • $2,000Net loans & leases
  • $9,775Loan loss allowance
  • $138Trading account assets
  • $0Bank premises and fixed assets
  • $868Other real estate owned
  • $125Goodwill and other intangibles
  • $270Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $24,915Total liabilities
  • $23,095Total deposits
  • $22,928Interest-bearing deposits
  • $18,032Deposits held in domestic offices
  • 22928.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $167Total equity capital
  • $167Total bank equity capital
  • $1,820Perpetual preferred stock
  • $0Common stock
  • $775Surplus
  • $1,538Undivided profits
  • Memoranda
  • $-493Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $572Income earned, not collected on loans
  • $144Earning assets
  • $20,542Long-term assets (5+ years)
  • $1,544Average Assets, year-to-date
  • $25,796Average Assets, quarterly
  • $25,033Volatile liabilities
  • $1,805Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $258Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,820Total risk weighted assets
  • $12,882Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,705Total interest expense
  • $857Net interest income
  • $848Provision for loan and lease losses
  • $22Total noninterest income
  • $278Fiduciary activities
  • $0Service charges on deposit accounts
  • $220Trading account gains & fees
  • $0Additional noninterest income
  • $58Total noninterest expense
  • $1,167Salaries and employee benefits
  • $478Premises and equipment expense
  • $300Additional noninterest expense
  • $389Pre-tax net operating income
  • -$63Securities gains (losses)
  • $0Applicable income taxes
  • $0Income before extraordinary items
  • -$63Extraordinary gains - net
  • $0Net income attributable to bank
  • -$63Net charge-offs
  • $28Cash dividends
  • $0Sale, 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
  • 7.84%Cost of funding earning assets
  • 3.94%Net interest margin
  • 3.90%Noninterest income to earning assets
  • 1.28%Noninterest expense to earning assets
  • 5.36%Net operating income to assets
  • -0.24%Return on assets (ROA)
  • -0.24%Pretax return on assets
  • -0.24%Return on equity (ROE)
  • -3.41%Retained earnings to average equity (YTD only)
  • -3.41%Net charge-offs to loans
  • 0.25%Credit loss provision to net charge-offs
  • 78.57%Efficiency ratio
  • 103,641Assets per employee
  • 0.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.39%Loss allowance to noncurrent loans
  • 24.13%Noncurrent assets plus other real estate owned to assets
  • 2.80%Noncurrent loans to loans
  • 5.77%Net loans and leases to deposits
  • 42.63%Net loans and leases to core deposits
  • 46.28%Equity capital to assets
  • 7.30%Core capital (leverage) ratio
  • 7.11%Tier 1 risk-based capital ratio
  • 14.13%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $25,796Average earning assets
  • $1,847Average equity
  • $21,755Average loans

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