The First National Bank in Madison in Madison, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 31, 1994

  • The First National Bank in Madison in Madison, Illinois (IL)
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The First National Bank in Madison - Overview

  • General
  • FDIC Certificate #: 14617
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Magna Bank of Illinois, National Association (#3784)
    Federal Reserve ID: 377140
    Date Established: July 27, 1934
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 9137
    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: July 27, 1934
    Last Structure Change Effective Date: May 31, 1994
    Last Structure Change Process Date: June 13, 1994
    Last Data Update: June 13, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 600 Madison Avenue, Madison, IL 62060
    County: Madison
    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
    Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040)
    Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
    Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
    CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
  • Financial Summary
  • Total assets: $49.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $26Total assets
  • $50,921Cash and due from depository institutions
  • $2,594Interest-bearing balances
  • $0Securities
  • $14,434Federal funds sold & reverse repurchase agreements
  • $425Net loans & leases
  • $31,145Loan loss allowance
  • $497Trading account assets
  • $0Bank premises and fixed assets
  • $950Other real estate owned
  • $327Goodwill and other intangibles
  • $1,046Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $50,921Total liabilities
  • $44,837Total deposits
  • $43,949Interest-bearing deposits
  • $38,168Deposits held in domestic offices
  • 43949.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $888Total equity capital
  • $888Total bank equity capital
  • $6,084Perpetual preferred stock
  • $0Common stock
  • $50Surplus
  • $350Undivided profits
  • Memoranda
  • $5,684Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,103Income earned, not collected on loans
  • $223Earning assets
  • $46,004Long-term assets (5+ years)
  • $4,560Average Assets, year-to-date
  • $56,187Average Assets, quarterly
  • $51,823Volatile liabilities
  • $7,688Insider loans
  • $513FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $780Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,084Total risk weighted assets
  • $31,471Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,280Total interest expense
  • $1,593Net interest income
  • $2,687Provision for loan and lease losses
  • $47Total noninterest income
  • $352Fiduciary activities
  • $0Service charges on deposit accounts
  • $208Trading account gains & fees
  • $0Additional noninterest income
  • $144Total noninterest expense
  • $2,976Salaries and employee benefits
  • $1,638Premises and equipment expense
  • $209Additional noninterest expense
  • $1,129Pre-tax net operating income
  • $16Securities gains (losses)
  • $18Applicable income taxes
  • -$74Income before extraordinary items
  • $108Extraordinary gains - net
  • $0Net income attributable to bank
  • $108Net charge-offs
  • $712Cash dividends
  • $30Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.39%Cost of funding earning assets
  • 3.12%Net interest margin
  • 5.27%Noninterest income to earning assets
  • 0.69%Noninterest expense to earning assets
  • 5.83%Net operating income to assets
  • 0.16%Return on assets (ROA)
  • 0.19%Pretax return on assets
  • 0.06%Return on equity (ROE)
  • 1.75%Retained earnings to average equity (YTD only)
  • 1.26%Net charge-offs to loans
  • 2.05%Credit loss provision to net charge-offs
  • 6.60%Efficiency ratio
  • 97,927Assets per employee
  • 1.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 27.78%Loss allowance to loans
  • 1.57%Loss allowance to noncurrent loans
  • 45.06%Noncurrent assets plus other real estate owned to assets
  • 2.81%Noncurrent loans to loans
  • 3.49%Net loans and leases to deposits
  • 70.87%Net loans and leases to core deposits
  • 85.89%Equity capital to assets
  • 11.95%Core capital (leverage) ratio
  • 11.71%Tier 1 risk-based capital ratio
  • 19.33%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $56,187Average earning assets
  • $6,179Average equity
  • $51,035Average loans

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