FDIC Certificate #: 15178 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Amcore Bank, National Association (#3735) Federal Reserve ID: 211347 Date Established: Febuary 12, 1900 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 11257 FDIC's unique #: 9543 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: October 01, 1999 Last Structure Change Process Date: October 28, 1999 Last Data Update: October 28, 1999 Data Source Date: April 05, 2012
Location
Address: 24 West Street, Montello, WI 53949 County: Marquette Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Madison Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central
Financial Summary
Total assets: $68.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
28Total employees (full-time equivalent)
$73,365Total assets
$4,199Cash and due from depository institutions
$1,309Interest-bearing balances
$19,778Securities
$3,485Federal funds sold & reverse repurchase agreements
$43,492Net loans & leases
$447Loan loss allowance
$0Trading account assets
$608Bank premises and fixed assets
$140Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,663All other assets
$73,365Total liabilities and capital
$68,314Total liabilities
$62,007Total deposits
$54,656Interest-bearing deposits
$62,007Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$6,000Other borrowed funds
$0Subordinated debt
$307All other liabilities
$5,051Total equity capital
$5,051Total bank equity capital
$5,051Perpetual preferred stock
$0Common stock
$240Surplus
$2,960Undivided profits
Memoranda
$1,851Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3Earning assets
$0Long-term assets (5+ years)
$377Average Assets, year-to-date
$68,064Average Assets, quarterly
$17,005Volatile liabilities
$70,970Insider loans
$73,083FHLB advances
$2,762Loans and leases held for sale
$238Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,331Total unused commitments
$0Restructured Loans and leases
$46,371Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$5,693Total interest income
$2,846Total interest expense
$2,847Net interest income
$41Provision for loan and lease losses
$502Total noninterest income
$0Fiduciary activities
$154Service charges on deposit accounts
$0Trading account gains & fees
$348Additional noninterest income
$1,779Total noninterest expense
$897Salaries and employee benefits
$138Premises and equipment expense
$744Additional noninterest expense
$1,529Pre-tax net operating income
$15Securities gains (losses)
$528Applicable income taxes
$1,016Income before extraordinary items
$0Extraordinary gains - net
$1,016Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$25Sale, conversion, retirement of capital stock, net
$778Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.49%Yield on earning assets
4.24%Cost of funding earning assets
4.24%Net interest margin
0.75%Noninterest income to earning assets
2.65%Noninterest expense to earning assets
1.42%Net operating income to assets
1.43%Return on assets (ROA)
2.18%Pretax return on assets
20.09%Return on equity (ROE)
4.71%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
157.69%Credit loss provision to net charge-offs
62.80%Efficiency ratio
53,120Assets per employee
2.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
76.57%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
14900.00%Noncurrent assets plus other real estate owned to assets
0.19%Noncurrent loans to loans
0.01%Net loans and leases to deposits
70.14%Net loans and leases to core deposits
73.41%Equity capital to assets
6.88%Core capital (leverage) ratio
6.61%Tier 1 risk-based capital ratio
11.09%Total risk-based capital ratio
Memoranda
$12Average assets
$70,970Average earning assets
$5,057Average equity
$67,075Average loans
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