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

This bank is inactive as of November 04, 1999

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

General
FDIC Certificate #: 3824
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Old National Bank (#4393)
Federal Reserve ID: 331843
Date Established: January 01, 1907
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)
OTS Docket #: 10912
FDIC's unique #: 2484
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: November 04, 1999
Last Structure Change Process Date: December 02, 1999
Last Data Update: December 02, 1999
Data Source Date: April 05, 2012
Location
Address: 203 West Main Street, Oblong, IL 62449
County: Crawford
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
Financial Summary
Total assets: $106.5 mil

1992 - 1999 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, 1998)

Dollar figures in thousands
27Total employees (full-time equivalent)
$102,763Total assets
$592Cash and due from depository institutions
$6Interest-bearing balances
$42,707Securities
$0Federal funds sold & reverse repurchase agreements
$56,427Net loans & leases
$727Loan loss allowance
$0Trading account assets
$967Bank premises and fixed assets
$6Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,064All other assets
$102,763Total liabilities and capital
$93,683Total liabilities
$70,230Total deposits
$64,735Interest-bearing deposits
$70,230Deposits held in domestic offices
0.00%% insured (estimated)
$9,516Federal funds purchased & repurchase agreements
$0Trading liabilities
$12,500Other borrowed funds
$0Subordinated debt
$1,437All other liabilities
$9,080Total equity capital
$9,080Total bank equity capital
$9,080Perpetual preferred stock
$0Common stock
$750Surplus
$1,410Undivided profits
Memoranda
$6,920Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$353Earning assets
$0Long-term assets (5+ years)
$961Average Assets, year-to-date
$99,140Average Assets, quarterly
$45,768Volatile liabilities
$102,269Insider loans
$103,791FHLB advances
$25,180Loans and leases held for sale
$2,064Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,138Total unused commitments
$0Restructured Loans and leases
$61,076Derivatives

Income and Expense (December 31, 1998)

Dollar figures in thousands
$7,300Total interest income
$3,952Total interest expense
$3,348Net interest income
$0Provision for loan and lease losses
$455Total noninterest income
$66Fiduciary activities
$200Service charges on deposit accounts
$0Trading account gains & fees
$189Additional noninterest income
$2,347Total noninterest expense
$1,197Salaries and employee benefits
$257Premises and equipment expense
$893Additional noninterest expense
$1,456Pre-tax net operating income
$1Securities gains (losses)
$415Applicable income taxes
$1,042Income before extraordinary items
$0Extraordinary gains - net
$1,042Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$50Sale, conversion, retirement of capital stock, net
$930Net operating income

Performance and Condition Ratios (December 31, 1998)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.48%Yield on earning assets
4.05%Cost of funding earning assets
3.43%Net interest margin
0.47%Noninterest income to earning assets
2.40%Noninterest expense to earning assets
1.02%Net operating income to assets
1.02%Return on assets (ROA)
1.42%Pretax return on assets
11.57%Return on equity (ROE)
1.24%Retained earnings to average equity (YTD only)
0.09%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
29.12%Efficiency ratio
61,714Assets per employee
3.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
89.25%Loss allowance to loans
1.27%Loss allowance to noncurrent loans
205.95%Noncurrent assets plus other real estate owned to assets
0.35%Noncurrent loans to loans
0.62%Net loans and leases to deposits
80.35%Net loans and leases to core deposits
96.35%Equity capital to assets
8.84%Core capital (leverage) ratio
8.37%Tier 1 risk-based capital ratio
14.04%Total risk-based capital ratio
Memoranda
$15Average assets
$102,269Average earning assets
$9,008Average equity
$97,625Average loans

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