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 $255 million with capital of $24.2 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 June 30, 2010
ASSETS			LIABILITIES
Cash and Due From Banks	$13,261,715		Deposits	$242,126,135
US Bonds and Securities	34,836,970		Federal Funds Purchased and Other Borrowed Funds	5,696,509
Other Bonds and Securities	62,412,296		Other Liabilities	2,206,009
Federal Funds Sold	3,470,000
Total Net Loans	151,007,239		Capital Stock	1,600,000
Net Fixed Assets	2,530,119		Surplus	5,391,472
Other Assets	8,423,990		Undivided Profits	17,634,253
			Unrealized Gains (Losses) on Securities	1,287,951
			Total Capital Account	25,913,676
	$275,942,329			$275,942,329
*Loans after deducting: Reserve for possible loan losses..................$1,669,395
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