Get the app

Available on the App Store.
Available on the Google Play Store.

The Bank continues to monitor issues related to the Coronavirus (COVID-19), and the potential impact on our customers, our employees, our community and our organization. We encourage everyone to practice good hygiene by washing your hands with warm, soapy water frequently throughout the day, and to use alcohol based hand sanitizer as recommended by the Center for Disease Control (CDC). Additionally, if you are feeling ill, running a fever, or have flu like symptoms, stay at home and avoid contact with others. Disinfect and sanitize surfaces at home and at work.

In addition to our regular lobby hours, the Bank offers Debit Cards, Online Banking, Bill Pay, Mobile Banking, Drive Up windows, and Full Service ATMs as alternatives to visiting a branch in person. Customers are encouraged to use these services to avoid contact with others, and to reduce the risk of exposure to any virus. We appreciate your cooperation and thank you for your continued patronage.

If you are a small business seeking information about PPP Loan Forgiveness, please see the COVID-19 PPP LOAN link below in the menu.

If you are a small business experiencing financial difficulty due to COVID-19, please contact one of our loan professionals for options available to assist you.


Investor Relations
About First National Bank in Olney

2020 Proxy Statement     2019 Annual Report     Summit Stock Snapshot
                                          2018 Annual Report     Summit Stock Snapshot

                                          2017 Annual Report     Summit Stock Snapshot

                                          2016 Annual Report     Summit Stock Snapshot

                                          2015 Annual Report     Summit Stock Snapshot

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, and Ingraham, Illinois.

Our assets have grown to $387.7 million with capital of $48.7 million.

Vision Statement

To promote the First National Bank in Olney as the preferred bank in Richland, Clay, Crawford and Jasper counties, and the surrounding communities, 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

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

  • Brad E Harmon, Chairman
  • Julie M Hearring
  • James A Knollenberg
  • Michael A McKinney
  • Jason A Mosbey
  • Kevin G Ochs
  • Bruce A Peters
  • Craig O Weber

Condensed Statement of the Condition of

September 30, 2020

Cash and Due From Banks $33,282,088
US Bonds and Securities 11,094,036
Other Bonds and Securities 115,475,387
Federal Funds Sold 80,000
Total Net Loans 215,980,176
Net Fixed Assets 2,738,912
Other Assets 9,072,602



*Loans after deducting:
Reserve for possible loan losses
Deposits $327,864,453
Federal Funds Purchased & Other Borrowed Funds 7,238,726
Other Liabilities 3,908,654
Capital Stock 1,600,000
Surplus 5,391,472
Undivided Profits 38,508,764
Unrealized Gains (Losses) on Securities 3,211,132
Total Capital Account $48,711,368