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

This bank is inactive as of July 02, 2009

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

  • General
  • FDIC Certificate #: 3644
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Financial Bank, National Association (#4382)
    Federal Reserve ID: 700337
    Date Established: January 01, 1857
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    FDIC's unique #: 2325
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 02, 2009
    Last Structure Change Process Date: July 06, 2009
    Last Data Update: July 06, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 1 Towne Centre, 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)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $148.2 mil

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

2000 - 2011 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, 2008)

  • Dollar figures in thousands
  • 77Total employees (full-time equivalent)
  • $171,526Total assets
  • $10,105Cash and due from depository institutions
  • $1Interest-bearing balances
  • $39,748Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $96,680Net loans & leases
  • $5,389Loan loss allowance
  • $138Trading account assets
  • $5,612Bank premises and fixed assets
  • $1,967Other real estate owned
  • $3,718Goodwill and other intangibles
  • $5,464Life insurance assets
  • $13,558All other assets
  • $171,526Total liabilities and capital
  • $157,930Total liabilities
  • $149,564Total deposits
  • $139,952Interest-bearing deposits
  • $149,564Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $7,003Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,363All other liabilities
  • $13,596Total equity capital
  • $13,596Total bank equity capital
  • $13,596Perpetual preferred stock
  • $0Common stock
  • $2,850Surplus
  • $14,237Undivided profits
  • Memoranda
  • $-3,491Noncurrent loans and leases
  • $5,542Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $8,769Earning assets
  • $0Long-term assets (5+ years)
  • $877Average Assets, year-to-date
  • $136,567Average Assets, quarterly
  • $34,658Volatile liabilities
  • $195,894Insider loans
  • $178,214FHLB advances
  • $24,117Loans and leases held for sale
  • $1,751Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,542Total unused commitments
  • $23Restructured Loans and leases
  • $1,477Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $10,542Total interest income
  • $2,989Total interest expense
  • $7,553Net interest income
  • $4,880Provision for loan and lease losses
  • $3,250Total noninterest income
  • $1,150Fiduciary activities
  • $1,063Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,037Additional noninterest income
  • $6,863Total noninterest expense
  • $3,322Salaries and employee benefits
  • $1,281Premises and equipment expense
  • $2,260Additional noninterest expense
  • -$940Pre-tax net operating income
  • -$3,172Securities gains (losses)
  • -$1,215Applicable income taxes
  • -$2,897Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,897Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $138Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.29%Yield on earning assets
  • 1.78%Cost of funding earning assets
  • 4.51%Net interest margin
  • 1.94%Noninterest income to earning assets
  • 4.09%Noninterest expense to earning assets
  • -0.35%Net operating income to assets
  • -1.48%Return on assets (ROA)
  • -2.10%Pretax return on assets
  • -17.36%Return on equity (ROE)
  • -17.36%Retained earnings to average equity (YTD only)
  • 0.13%Net charge-offs to loans
  • 3536.23%Credit loss provision to net charge-offs
  • 28.55%Efficiency ratio
  • 61,974Assets per employee
  • 2.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.28%Loss allowance to noncurrent loans
  • 61.46%Noncurrent assets plus other real estate owned to assets
  • 9.14%Noncurrent loans to loans
  • 8.59%Net loans and leases to deposits
  • 64.64%Net loans and leases to core deposits
  • 72.99%Equity capital to assets
  • 7.93%Core capital (leverage) ratio
  • 6.86%Tier 1 risk-based capital ratio
  • 11.02%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $195,894Average earning assets
  • $16,685Average equity
  • $167,644Average loans

Total Fiduciary and Related Assets (December 31, 2008)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $119,712Managed Assets
  • 1Number of Accounts
  • $119,668Personal trust and agency accounts
  • $98,271Employee benefit-defined contribution accounts
  • $4,123Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $3,005Corporate trust and agency accounts
  • $36Investment management agency accounts
  • $14,233Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 388Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $44Other retirement accounts
  • $44Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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