The National Bank of Carmi in Carmi, Illinois (IL)
Table of contents:
| The National Bank of Carmi | |
|---|---|
| General | FDIC Certificate #: 3778 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Old National Bank (#4393) Federal Reserve ID: 149048 Date Established: May 04, 1900 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 #: 2441 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: April 17, 1998 Last Structure Change Process Date: April 27, 1998 Last Data Update: April 27, 1998 Data Source Date: April 05, 2012 |
| Location | Address: 116 West Main Street, Carmi, IL 62821 County: White 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: $66.4 mil |
| Assets and Liabilities (December 31, 1997) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 23 |
| Total assets | $64,099 |
| Cash and due from depository institutions | $2,031 |
| Interest-bearing balances | $100 |
| Securities | $11,824 |
| Federal funds sold & reverse repurchase agreements | $11,000 |
| Net loans & leases | $36,132 |
| Loan loss allowance | $468 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $1,107 |
| Other real estate owned | $6 |
| Goodwill and other intangibles | $1,033 |
| All other assets | $966 |
| Life insurance assets | $0 |
| Total liabilities and capital | $64,099 |
| Total liabilities | $57,287 |
| Total deposits | $56,482 |
| Interest-bearing deposits | $51,358 |
| Deposits held in domestic offices | $56,482 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $300 |
| Subordinated debt | $0 |
| All other liabilities | $505 |
| Total equity capital | $6,812 |
| Total bank equity capital | $6,812 |
| Perpetual preferred stock | $6,812 |
| Common stock | $0 |
| Surplus | $1,000 |
| Undivided profits | $1,000 |
| Memoranda | |
| Noncurrent loans and leases | $4,812 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $0 |
| Earning assets | $354 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $785 |
| Average Assets, quarterly | $59,056 |
| Volatile liabilities | $10,653 |
| Insider loans | $65,517 |
| FHLB advances | $65,004 |
| Loans and leases held for sale | $6,109 |
| Unused loan commitments | $1,223 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $0 |
| Total unused commitments | $3,023 |
| Restructured Loans and leases | $0 |
| Derivatives | $39,830 |
| Income and Expense (December 31, 1997) (Dollar figures in thousands) | |
| Total interest income | $4,916 |
| Total interest expense | $2,128 |
| Net interest income | $2,788 |
| Provision for loan and lease losses | $260 |
| Total noninterest income | $179 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $135 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $44 |
| Total noninterest expense | $1,657 |
| Salaries and employee benefits | $885 |
| Premises and equipment expense | $212 |
| Additional noninterest expense | $560 |
| Pre-tax net operating income | $1,050 |
| Securities gains (losses) | -$22 |
| Applicable income taxes | $439 |
| Income before extraordinary items | $589 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $589 |
| Net charge-offs | $0 |
| Cash dividends | $0 |
| Sale, conversion, retirement of capital stock, net | $223 |
| Net operating income | $1,229 |
| Performance and Condition Ratios (December 31, 1997) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 8.12% |
| Cost of funding earning assets | 3.52% |
| Net interest margin | 4.61% |
| Noninterest income to earning assets | 0.30% |
| Noninterest expense to earning assets | 2.74% |
| Net operating income to assets | 0.92% |
| Return on assets (ROA) | 0.90% |
| Pretax return on assets | 1.57% |
| Return on equity (ROE) | 8.48% |
| Retained earnings to average equity (YTD only) | -9.22% |
| Net charge-offs to loans | 0.63% |
| Credit loss provision to net charge-offs | 116.59% |
| Efficiency ratio | 5.87% |
| Assets per employee | $52,646 |
| Cash dividends to net income (YTD only) | 2.79% |
| Condition Ratios (%) | |
| Loss allowance to loans | 208.66% |
| Loss allowance to noncurrent loans | 1.28% |
| Noncurrent assets plus other real estate owned to assets | 132.20% |
| Noncurrent loans to loans | 0.56% |
| Net loans and leases to deposits | 0.97% |
| Net loans and leases to core deposits | 63.97% |
| Equity capital to assets | 71.30% |
| Core capital (leverage) ratio | 10.63% |
| Tier 1 risk-based capital ratio | 8.80% |
| Total risk-based capital ratio | 14.15% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $65,517 |
| Average equity | $6,944 |
| Average loans | $60,517 |
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