Investor Relations 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 six locations in Olney, Oblong, Robinson, Ingraham, and Newton, Illinois.
Our assets have grown to $478 million with capital of $46 million.
Vision Statement
To promote the First National Bank in Olney as the preferred bank in the counties where physical locations exist, and extend into other markets as customer relationships are developed. We will strive to provide superior financial services for our customers, rewarding employment and education for our employees, and a sound investment for our shareholders.
Mission Statement
The First National Bank in Olney is an independent, locally owned and managed provider of financial services that is dedicated to serving Richland, Clay, Crawford and Jasper Counties with quality products and services designed to maintain a profitable relationship with its customer base, and to support our role in attracting, retaining and motivating quality employees, and providing our shareholders with growing value.
Summit Bancshares, Ltd and the First National Bank in Olney Board of Directors
Bruce A Peters, Chairman
David Abell
Morgan Fehrenbacher
Julie M Hearring
James A Knollenberg
Jason A Mosbey
Kevin G Ochs
Nathan Stevens
Craig O Weber
Condensed Statement of the Condition of
FIRST NATIONAL BANK IN OLNEY
OLNEY, ILLINOIS
September 30, 2026
ASSETS |
| LIABILITIES | ||
| Cash and Due From Banks | $46,158,106 | Deposits | $428,674,615 | |
| US Bonds and Securities | 46,046,968 | Federal Funds Purchased & Other Borrowed Funds | 4,135,697 | |
| Other Bonds and Securities | 138,344,747 | Other Liabilities | (1,180,440) | |
| Federal Funds Sold | 0 | Capital Stock | 1,600,000 | |
| Total Net Loans | 225,523,214 | Surplus | 5,391,472 | |
| Net Fixed Assets | 12,021,545 | Undivided Profits | 49,785,190 | |
| Other Assets | 9,917,066 | Unrealized Gains (Losses) on Securities | (10,394,888) | |
| Total Capital Account | $46,381,774 | |||
$478,011,646 | $478,011,646 | |||
| *Loans After deducting: Reserve for Possible Loan Losses | $2,840,167 | |||
MEMBER OF THE FEDERAL DEPOSIT INSURANCE CORPORATION | ||||