FDIC Certificate #: 3688 Status: Active Federal Reserve ID: 824738 Bank Holding Company (Regulatory Top Holder): First Lacon Corp. (RSSDID: 1208988, Location: Lacon, IL) Date Established: April 11, 1864 WWW:http://www.fnblacon.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 11616 FDIC's unique #: 2360 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 111 South Broad Street, Lacon, IL 61540 County: Marshall Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Princeton Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Combined Statistical Area (CSA): Peoria-Canton, IL (#426) Core Based Statistical Area (CBSA): Peoria, IL (#37900) CBSA Metro Statistical Area: Peoria, IL (#37900)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $61.5 mil Equity capital: $5.3 mil Deposits held in domestic offices: $53.6 mil Return on assets (ROA): 0.98% ($0.6 mil) Quarterly return on assets: 0.90% ($0.6 mil) Return on Equity (ROE): 12.06% ($0.6 mil) Quarterly return on equity: 10.63% ($0.5 mil) Net income: $0.6 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.98% ($603.2 mil) Quarterly Pretax return on assets: 0.90% ($553.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
14Total employees (full-time equivalent)
$61,549Total assets
$7,158Cash and due from depository institutions
$5,002Interest-bearing balances
$8,292Securities
$0Federal funds sold & reverse repurchase agreements
$44,509Net loans & leases
$419Loan loss allowance
$0Trading account assets
$503Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$61,549Life insurance assets
$1,087All other assets
$56,262Total liabilities and capital
$53,634Total liabilities
$45,297Total deposits
$53,634Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,600Trading liabilities
$0Other borrowed funds
$28Subordinated debt
$5,287All other liabilities
$5,287Total equity capital
$5,287Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$1,600Surplus
$3,487Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$74Income earned, not collected on loans
$0Earning assets
$533Long-term assets (5+ years)
$57,803Average Assets, year-to-date
$8,371Average Assets, quarterly
$60,823Volatile liabilities
$60,840Insider loans
$46,063FHLB advances
$61,614Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,063Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,421Restructured Loans and leases
$526Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,753Total interest income
$451Total interest expense
$2,302Net interest income
$125Provision for loan and lease losses
$32Total noninterest income
$0Fiduciary activities
$66Service charges on deposit accounts
$0Trading account gains & fees
-$34Additional noninterest income
$1,613Total noninterest expense
$1,015Salaries and employee benefits
$263Premises and equipment expense
$335Additional noninterest expense
$596Pre-tax net operating income
$1Securities gains (losses)
$0Applicable income taxes
$597Income before extraordinary items
$0Extraordinary gains - net
$597Net income attributable to bank
$0Net charge-offs
$597Cash dividends
$112Sale, conversion, retirement of capital stock, net
$530Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.79%Yield on earning assets
0.78%Cost of funding earning assets
4.00%Net interest margin
0.06%Noninterest income to earning assets
2.81%Noninterest expense to earning assets
0.98%Net operating income to assets
0.98%Return on assets (ROA)
0.98%Pretax return on assets
12.06%Return on equity (ROE)
1.35%Retained earnings to average equity (YTD only)
0.27%Net charge-offs to loans
111.61%Credit loss provision to net charge-offs
6.44%Efficiency ratio
69,109Assets per employee
4.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
88.78%Loss allowance to loans
0.93%Loss allowance to noncurrent loans
566.22%Noncurrent assets plus other real estate owned to assets
0.12%Noncurrent loans to loans
0.16%Net loans and leases to deposits
82.99%Net loans and leases to core deposits
86.87%Equity capital to assets
8.59%Core capital (leverage) ratio
8.22%Tier 1 risk-based capital ratio
10.99%Total risk-based capital ratio
Memoranda
$12Average assets
$60,823Average earning assets
$4,950Average equity
$57,500Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2360
The First National Bank Of Lacon
111 South Broad Street, Lacon, IL 61540
April 11, 1864
Full Service Brick and Mortar
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