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

This bank is inactive as of June 30, 1997

The Union National Bank of Macomb in Macomb, Illinois (IL)
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The Union National Bank of Macomb - Overview

General
FDIC Certificate #: 3700
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: MidAmerica National Bank (#3612)
Federal Reserve ID: 385239
Date Established: October 02, 1871
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)
OTS Docket #: 11843
FDIC's unique #: 2369
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: June 30, 1997
Last Structure Change Process Date: July 09, 1997
Last Data Update: July 21, 1997
Data Source Date: April 05, 2012
Location
Address: 119 North Randolph Street, Macomb, IL 61455
County: Mcdonough
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Dallas
FDIC Field Office: Springfield Il
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Macomb, IL (#31380)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $103.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$56Total assets
$107,180Cash and due from depository institutions
$4,886Interest-bearing balances
$114Securities
$43,039Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$55,546Loan loss allowance
$956Trading account assets
$0Bank premises and fixed assets
$1,948Other real estate owned
$109Goodwill and other intangibles
$1,512Life insurance assets
$140All other assets
$0Total liabilities and capital
$107,180Total liabilities
$97,563Total deposits
$85,295Interest-bearing deposits
$74,492Deposits held in domestic offices
85295.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$11,511Trading liabilities
$0Other borrowed funds
$127Subordinated debt
$0All other liabilities
$630Total equity capital
$630Total bank equity capital
$9,617Perpetual preferred stock
$0Common stock
$1,098Surplus
$5,190Undivided profits
Memoranda
$3,329Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$194Income earned, not collected on loans
$446Earning assets
$98,699Long-term assets (5+ years)
$5,097Average Assets, year-to-date
$104,765Average Assets, quarterly
$105,088Volatile liabilities
$14,456Insider loans
$1,238FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$5,934Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$9,273Total risk weighted assets
$70,596Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$7,283Total interest expense
$3,102Net interest income
$4,181Provision for loan and lease losses
$119Total noninterest income
$1,040Fiduciary activities
$273Service charges on deposit accounts
$331Trading account gains & fees
$0Additional noninterest income
$436Total noninterest expense
$3,180Salaries and employee benefits
$1,536Premises and equipment expense
$485Additional noninterest expense
$1,159Pre-tax net operating income
$1,922Securities gains (losses)
$34Applicable income taxes
$665Income before extraordinary items
$1,291Extraordinary gains - net
$0Net income attributable to bank
$1,291Net charge-offs
$165Cash dividends
$3,999Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.49%Cost of funding earning assets
3.19%Net interest margin
4.30%Noninterest income to earning assets
1.07%Noninterest expense to earning assets
3.27%Net operating income to assets
1.21%Return on assets (ROA)
1.23%Pretax return on assets
1.87%Return on equity (ROE)
12.85%Retained earnings to average equity (YTD only)
-26.95%Net charge-offs to loans
0.30%Credit loss provision to net charge-offs
72.12%Efficiency ratio
59,893Assets per employee
1.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
309.76%Loss allowance to loans
1.69%Loss allowance to noncurrent loans
492.78%Noncurrent assets plus other real estate owned to assets
0.28%Noncurrent loans to loans
0.34%Net loans and leases to deposits
65.12%Net loans and leases to core deposits
67.35%Equity capital to assets
8.97%Core capital (leverage) ratio
8.93%Tier 1 risk-based capital ratio
13.14%Total risk-based capital ratio
Memoranda
$14Average assets
$104,765Average earning assets
$10,047Average equity
$97,175Average loans

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