About First National Bank in Olney

The First National Bank in Olney began operations in Richland County, Illinois in 1934 with six employees, total assets of $695,748 and capital accounts at $100,000.  

Our operations now include seven locations in Olney, Oblong, Robinson, Noble and  Ingraham, Illinois.

Our assets have grown to $230 million with capital of $23 million.

Vision Statement

To promote First National Bank in Olney as the preferred bank in Richland, Clay, Crawford and Jasper counties and as the premier provider of financial services for our customers, employment and education for our employees, and a sound investment for our shareholders.

The Bank's Mission

First National Bank in Olney is a locally owned and managed financial service provider dedicated to serving Richland, Clay, Crawford and Jasper Counties with quality service and products targeted to profitable customers on a win/win basis in order to support our role in attracting, retaining and motivating quality employees, and providing our shareholders with growing value.

CONDENSED STATEMENT OF THE CONDITION OF FIRST NATIONAL BANK IN OLNEY OLNEY, ILLINOIS March 31, 2008
ASSETS			LIABILITIES
Cash and Due From Banks	$7,980,584		Deposits	$202,099,038
US Bonds and Securities	28,609,720		Federal Funds Purchased and Other Borrowed Funds	2,975,422
Other Bonds and Securities	49,902,643		Other Liabilities	1,570,368
Federal Funds Sold	365,000
Total Net Loans	132,878,296		Capital Stock	1,600,000
Net Fixed Assets	2,951,062		Surplus	5,391,472
Other Assets	7,447,902		Undivided Profits	15,573,453
			Unrealized Gains (Losses) on Securities	925,434
			Total Capital Account	23,490,359
	$230,135,207			$230,135,207
*Loans after deducting: Reserve for possible loan losses..................$1,279,488
MEMBER OF THE FEDERAL DEPOSIT INSURANCE CORPORATION

Our Board of Directors

Randy Kistler, Chairman
John L Fye III
Brad E Harmon
John Kaare
James Knollenberg
Kevin G Ochs
Bruce Peters
Frank J Weber