The City National Bank of Danville in Danville, Illinois (IL)
Table of contents:
| The City National Bank of Danville | |
|---|---|
| General | FDIC Certificate #: 21760 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Palmer-American National Bank of Danville (#3646) Federal Reserve ID: 42439 Date Established: September 06, 1974 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) FDIC's unique #: 15066 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: September 06, 1974 Last Structure Change Effective Date: April 26, 1993 Last Structure Change Process Date: June 02, 1993 Last Data Update: June 02, 1993 Data Source Date: April 05, 2012 |
| Location | Address: 2431 North Vermilion Street, 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) |
| Financial Summary | Total assets: $24.4 mil |
| Assets and Liabilities (December 31, 1992) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $26 |
| Cash and due from depository institutions | $24,915 |
| Interest-bearing balances | $10,136 |
| Securities | $7,026 |
| Federal funds sold & reverse repurchase agreements | $1,741 |
| Net loans & leases | $2,000 |
| Loan loss allowance | $9,775 |
| Trading account assets | $138 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $868 |
| Goodwill and other intangibles | $125 |
| All other assets | $0 |
| Life insurance assets | $270 |
| Total liabilities and capital | $0 |
| Total liabilities | $24,915 |
| Total deposits | $23,095 |
| Interest-bearing deposits | $22,928 |
| Deposits held in domestic offices | $18,032 |
| % insured (estimated) | 22928.00% |
| Federal funds purchased & repurchase agreements | $97 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $0 |
| Total equity capital | $167 |
| Total bank equity capital | $167 |
| Perpetual preferred stock | $1,820 |
| Common stock | $0 |
| Surplus | $775 |
| Undivided profits | $1,538 |
| Memoranda | |
| Noncurrent loans and leases | $-493 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $572 |
| Earning assets | $144 |
| Long-term assets (5+ years) | $20,542 |
| Average Assets, year-to-date | $1,544 |
| Average Assets, quarterly | $25,796 |
| Volatile liabilities | $25,033 |
| Insider loans | $1,805 |
| FHLB advances | $0 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $258 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $1,820 |
| Total unused commitments | $12,882 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1992) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $1,705 |
| Net interest income | $857 |
| Provision for loan and lease losses | $848 |
| Total noninterest income | $22 |
| Fiduciary activities | $278 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $220 |
| Additional noninterest income | $0 |
| Total noninterest expense | $58 |
| Salaries and employee benefits | $1,167 |
| Premises and equipment expense | $478 |
| Additional noninterest expense | $300 |
| Pre-tax net operating income | $389 |
| Securities gains (losses) | -$63 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $0 |
| Extraordinary gains - net | -$63 |
| Net income attributable to bank | $0 |
| Net charge-offs | -$63 |
| Cash dividends | $28 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 1992) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 0.00% |
| Cost of funding earning assets | 7.84% |
| Net interest margin | 3.94% |
| Noninterest income to earning assets | 3.90% |
| Noninterest expense to earning assets | 1.28% |
| Net operating income to assets | 5.36% |
| Return on assets (ROA) | -0.24% |
| Pretax return on assets | -0.24% |
| Return on equity (ROE) | -0.24% |
| Retained earnings to average equity (YTD only) | -3.41% |
| Net charge-offs to loans | -3.41% |
| Credit loss provision to net charge-offs | 0.25% |
| Efficiency ratio | 78.57% |
| Assets per employee | $103,641 |
| Cash dividends to net income (YTD only) | 0.96% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 1.39% |
| Noncurrent assets plus other real estate owned to assets | 24.13% |
| Noncurrent loans to loans | 2.80% |
| Net loans and leases to deposits | 5.77% |
| Net loans and leases to core deposits | 42.63% |
| Equity capital to assets | 46.28% |
| Core capital (leverage) ratio | 7.30% |
| Tier 1 risk-based capital ratio | 7.11% |
| Total risk-based capital ratio | 14.13% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $25,796 |
| Average equity | $1,847 |
| Average loans | $21,755 |
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