The First National Bank of Westville in Westville, Illinois (IL)
Table of contents:
| The First National Bank of Westville | |
|---|---|
| General | FDIC Certificate #: 3754 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: The First National Bank of Danville (#3644) Federal Reserve ID: 548744 Date Established: December 05, 1904 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 2419 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: October 04, 1996 Last Structure Change Process Date: October 23, 1996 Last Data Update: October 23, 1996 Data Source Date: April 05, 2012 |
| Location | Address: 101 East Main Street, Westville, IL 61883 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: $23.4 mil |
| Assets and Liabilities (December 31, 1995) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $11 |
| Cash and due from depository institutions | $23,908 |
| Interest-bearing balances | $737 |
| Securities | $0 |
| Federal funds sold & reverse repurchase agreements | $18,719 |
| Net loans & leases | $700 |
| Loan loss allowance | $3,088 |
| Trading account assets | $47 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $219 |
| Goodwill and other intangibles | $0 |
| All other assets | $0 |
| Life insurance assets | $445 |
| Total liabilities and capital | $0 |
| Total liabilities | $23,908 |
| Total deposits | $21,809 |
| Interest-bearing deposits | $21,607 |
| Deposits held in domestic offices | $18,872 |
| % insured (estimated) | 21607.00% |
| Federal funds purchased & repurchase agreements | $97 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $0 |
| Total equity capital | $202 |
| Total bank equity capital | $202 |
| Perpetual preferred stock | $2,099 |
| Common stock | $0 |
| Surplus | $400 |
| Undivided profits | $400 |
| Memoranda | |
| Noncurrent loans and leases | $1,299 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $576 |
| Earning assets | $30 |
| Long-term assets (5+ years) | $22,507 |
| Average Assets, year-to-date | $2,561 |
| Average Assets, quarterly | $23,896 |
| Volatile liabilities | $23,823 |
| Insider loans | $1,107 |
| FHLB advances | $85 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $76 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $2,095 |
| Total unused commitments | $5,334 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1995) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $1,389 |
| Net interest income | $664 |
| Provision for loan and lease losses | $725 |
| Total noninterest income | -$53 |
| Fiduciary activities | $84 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $61 |
| Additional noninterest income | $0 |
| Total noninterest expense | $23 |
| Salaries and employee benefits | $674 |
| Premises and equipment expense | $265 |
| Additional noninterest expense | $91 |
| Pre-tax net operating income | $318 |
| Securities gains (losses) | $188 |
| Applicable income taxes | $29 |
| Income before extraordinary items | $14 |
| Extraordinary gains - net | $203 |
| Net income attributable to bank | $0 |
| Net charge-offs | $203 |
| Cash dividends | $5 |
| Sale, conversion, retirement of capital stock, net | $313 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 1995) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 0.00% |
| Cost of funding earning assets | 6.30% |
| Net interest margin | 3.01% |
| Noninterest income to earning assets | 3.29% |
| Noninterest expense to earning assets | 0.38% |
| Net operating income to assets | 3.06% |
| Return on assets (ROA) | 0.74% |
| Pretax return on assets | 0.85% |
| Return on equity (ROE) | 0.91% |
| Retained earnings to average equity (YTD only) | 10.22% |
| Net charge-offs to loans | -5.54% |
| Credit loss provision to net charge-offs | 0.14% |
| Efficiency ratio | -1060.00% |
| Assets per employee | $83,313 |
| Cash dividends to net income (YTD only) | 2.17% |
| Condition Ratios (%) | |
| Loss allowance to loans | 154.19% |
| Loss allowance to noncurrent loans | 1.50% |
| Noncurrent assets plus other real estate owned to assets | 8.16% |
| Noncurrent loans to loans | 2.41% |
| Net loans and leases to deposits | 18.37% |
| Net loans and leases to core deposits | 14.29% |
| Equity capital to assets | 15.06% |
| Core capital (leverage) ratio | 8.78% |
| Tier 1 risk-based capital ratio | 8.74% |
| Total risk-based capital ratio | 39.28% |
| Memoranda | |
| Average assets | $40 |
| Average earning assets | $23,896 |
| Average equity | $1,987 |
| Average loans | $22,055 |
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