AMCORE Bank, Ashton-Rochelle in Ashton, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1995

AMCORE Bank, Ashton-Rochelle in Ashton, Illinois (IL)
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AMCORE Bank, Ashton-Rochelle - Overview

General
FDIC Certificate #: 10447
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: AMCORE Bank, Princeton (#10459)
Federal Reserve ID: 922830
Date Established: September 01, 1869
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 6680
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: July 01, 1995
Last Structure Change Process Date: August 31, 1995
Last Data Update: August 31, 1995
Data Source Date: April 05, 2012
Location
Address: 803 Main Street, Ashton, IL 61006
County: Lee
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Princeton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Dixon, IL (#19940)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $28.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$19Total assets
$33,961Cash and due from depository institutions
$1,893Interest-bearing balances
$282Securities
$13,769Federal funds sold & reverse repurchase agreements
$1,962Net loans & leases
$14,079Loan loss allowance
$209Trading account assets
$0Bank premises and fixed assets
$1,139Other real estate owned
$0Goodwill and other intangibles
$571Life insurance assets
$548All other assets
$0Total liabilities and capital
$33,961Total liabilities
$29,522Total deposits
$28,981Interest-bearing deposits
$25,848Deposits held in domestic offices
28981.00%% insured (estimated)
$92Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$541Total equity capital
$541Total bank equity capital
$4,439Perpetual preferred stock
$0Common stock
$300Surplus
$4,060Undivided profits
Memoranda
$79Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$395Earning assets
$30,092Long-term assets (5+ years)
$5,407Average Assets, year-to-date
$32,848Average Assets, quarterly
$33,290Volatile liabilities
$2,949Insider loans
$24FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,737Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,013Total risk weighted assets
$17,131Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$2,075Total interest expense
$826Net interest income
$1,249Provision for loan and lease losses
-$29Total noninterest income
$221Fiduciary activities
$0Service charges on deposit accounts
$115Trading account gains & fees
$0Additional noninterest income
$106Total noninterest expense
$1,174Salaries and employee benefits
$560Premises and equipment expense
$189Additional noninterest expense
$425Pre-tax net operating income
$325Securities gains (losses)
$0Applicable income taxes
$100Income before extraordinary items
$225Extraordinary gains - net
$0Net income attributable to bank
$225Net charge-offs
-$47Cash dividends
$67Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.12%Cost of funding earning assets
2.83%Net interest margin
4.28%Noninterest income to earning assets
0.76%Noninterest expense to earning assets
4.03%Net operating income to assets
0.68%Return on assets (ROA)
0.68%Pretax return on assets
0.99%Return on equity (ROE)
5.09%Retained earnings to average equity (YTD only)
3.57%Net charge-offs to loans
-0.33%Credit loss provision to net charge-offs
61.70%Efficiency ratio
76,939Assets per employee
1.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
29.78%Loss allowance to loans
1.46%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
48.58%Net loans and leases to core deposits
54.08%Equity capital to assets
13.07%Core capital (leverage) ratio
12.16%Tier 1 risk-based capital ratio
23.43%Total risk-based capital ratio
Memoranda
$25Average assets
$32,848Average earning assets
$4,421Average equity
$29,152Average loans

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