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

This bank is inactive as of December 11, 2009

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

General
FDIC Certificate #: 3673
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Edgar County Bank and Trust Co., Paris, Illinois (#3722)
Federal Reserve ID: 933135
Date Established: January 01, 1869
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
FDIC's unique #: 2348
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: December 11, 2009
Last Structure Change Process Date: December 31, 2009
Last Data Update: December 31, 2009
Data Source Date: April 05, 2012
Location
Address: 209 South Crescent Street, Gilman, IL 60938
County: Iroquois
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
Financial Summary
Total assets: $38.8 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
17Total employees (full-time equivalent)
$43,976Total assets
$5,725Cash and due from depository institutions
$11Interest-bearing balances
$12,679Securities
$0Federal funds sold & reverse repurchase agreements
$23,538Net loans & leases
$256Loan loss allowance
$0Trading account assets
$650Bank premises and fixed assets
$8Other real estate owned
$0Goodwill and other intangibles
$395Life insurance assets
$1,376All other assets
$43,976Total liabilities and capital
$41,286Total liabilities
$41,035Total deposits
$32,101Interest-bearing deposits
$41,035Deposits held in domestic offices
0.00%% insured (estimated)
$49Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$202All other liabilities
$2,690Total equity capital
$2,690Total bank equity capital
$2,690Perpetual preferred stock
$0Common stock
$600Surplus
$1,600Undivided profits
Memoranda
$490Noncurrent loans and leases
$2,347Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$453Earning assets
$0Long-term assets (5+ years)
$574Average Assets, year-to-date
$36,228Average Assets, quarterly
$7,994Volatile liabilities
$47,617Insider loans
$44,902FHLB advances
$2,892Loans and leases held for sale
$790Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,347Total unused commitments
$499Restructured Loans and leases
$256Derivatives

Income and Expense (December 31, 2008)

Dollar figures in thousands
$2,635Total interest income
$752Total interest expense
$1,883Net interest income
$987Provision for loan and lease losses
$482Total noninterest income
$0Fiduciary activities
$330Service charges on deposit accounts
$0Trading account gains & fees
$152Additional noninterest income
$1,616Total noninterest expense
$784Salaries and employee benefits
$168Premises and equipment expense
$664Additional noninterest expense
-$238Pre-tax net operating income
-$494Securities gains (losses)
$0Applicable income taxes
-$732Income before extraordinary items
$0Extraordinary gains - net
-$732Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$875Sale, conversion, retirement of capital stock, net
$99Net operating income

Performance and Condition Ratios (December 31, 2008)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.32%Yield on earning assets
1.80%Cost of funding earning assets
4.52%Net interest margin
1.16%Noninterest income to earning assets
3.88%Noninterest expense to earning assets
-0.50%Net operating income to assets
-1.54%Return on assets (ROA)
-1.54%Pretax return on assets
-24.79%Return on equity (ROE)
-28.14%Retained earnings to average equity (YTD only)
3.31%Net charge-offs to loans
112.80%Credit loss provision to net charge-offs
0.86%Efficiency ratio
68,330Assets per employee
2.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
-13.52%Loss allowance to loans
1.08%Loss allowance to noncurrent loans
56.51%Noncurrent assets plus other real estate owned to assets
2.49%Noncurrent loans to loans
1.90%Net loans and leases to deposits
57.36%Net loans and leases to core deposits
61.63%Equity capital to assets
6.12%Core capital (leverage) ratio
6.22%Tier 1 risk-based capital ratio
10.18%Total risk-based capital ratio
Memoranda
$11Average assets
$47,617Average earning assets
$2,953Average equity
$41,668Average loans

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