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

This bank is inactive as of August 22, 1997

  • The Farmers National Bank of Geneseo in Geneseo, Illinois (IL)
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The Farmers National Bank of Geneseo - Overview

  • General
  • FDIC Certificate #: 3669
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank Illinois, National Association (#3667)
    Federal Reserve ID: 745833
    Date Established: May 22, 1876
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    OTS Docket #: 9716
    FDIC's unique #: 2345
    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: January 01, 1934
    Last Structure Change Effective Date: August 22, 1997
    Last Structure Change Process Date: September 10, 1997
    Last Data Update: September 10, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 121 West First Street, Geneseo, IL 61254
    County: Henry
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Davenport-Moline-Rock Island, IA-IL (#1960)
    Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
    CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
  • Financial Summary
  • Total assets: $195.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $73Total assets
  • $187,408Cash and due from depository institutions
  • $8,446Interest-bearing balances
  • $23Securities
  • $77,286Federal funds sold & reverse repurchase agreements
  • $6,978Net loans & leases
  • $90,507Loan loss allowance
  • $2,345Trading account assets
  • $0Bank premises and fixed assets
  • $1,683Other real estate owned
  • $45Goodwill and other intangibles
  • $2,259Life insurance assets
  • $204All other assets
  • $0Total liabilities and capital
  • $187,408Total liabilities
  • $171,424Total deposits
  • $165,895Interest-bearing deposits
  • $149,977Deposits held in domestic offices
  • 165895.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $316Trading liabilities
  • $0Other borrowed funds
  • $3,500Subordinated debt
  • $0All other liabilities
  • $1,713Total equity capital
  • $1,713Total bank equity capital
  • $15,984Perpetual preferred stock
  • $0Common stock
  • $2,400Surplus
  • $5,098Undivided profits
  • Memoranda
  • $8,486Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $25Income earned, not collected on loans
  • $1,014Earning assets
  • $174,794Long-term assets (5+ years)
  • $48,355Average Assets, year-to-date
  • $181,534Average Assets, quarterly
  • $184,431Volatile liabilities
  • $20,535Insider loans
  • $1,224FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $17,032Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $15,905Total risk weighted assets
  • $97,763Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,054Total interest expense
  • $6,850Net interest income
  • $6,204Provision for loan and lease losses
  • $0Total noninterest income
  • $1,049Fiduciary activities
  • $175Service charges on deposit accounts
  • $532Trading account gains & fees
  • $0Additional noninterest income
  • $342Total noninterest expense
  • $3,959Salaries and employee benefits
  • $2,206Premises and equipment expense
  • $694Additional noninterest expense
  • $1,059Pre-tax net operating income
  • $3,294Securities gains (losses)
  • -$17Applicable income taxes
  • $805Income before extraordinary items
  • $2,472Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,472Net charge-offs
  • -$41Cash dividends
  • $909Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.63%Cost of funding earning assets
  • 4.00%Net interest margin
  • 3.63%Noninterest income to earning assets
  • 0.61%Noninterest expense to earning assets
  • 2.31%Net operating income to assets
  • 1.37%Return on assets (ROA)
  • 1.36%Pretax return on assets
  • 1.81%Return on equity (ROE)
  • 16.15%Retained earnings to average equity (YTD only)
  • 10.21%Net charge-offs to loans
  • -0.04%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 53,095Assets per employee
  • 2.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.77%Loss allowance to loans
  • 2.53%Loss allowance to noncurrent loans
  • 9380.00%Noncurrent assets plus other real estate owned to assets
  • 0.10%Noncurrent loans to loans
  • 0.03%Net loans and leases to deposits
  • 54.56%Net loans and leases to core deposits
  • 61.29%Equity capital to assets
  • 8.53%Core capital (leverage) ratio
  • 8.71%Tier 1 risk-based capital ratio
  • 16.27%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $181,534Average earning assets
  • $15,305Average equity
  • $171,102Average loans

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