AMCORE Bank, Princeton in Princeton, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 02, 1996

  • AMCORE Bank, Princeton in Princeton, Illinois (IL)
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AMCORE Bank, Princeton - Overview

  • General
  • FDIC Certificate #: 10459
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Amcore Bank, National Association, North Central (#3706)
    Federal Reserve ID: 671240
    Date Established: May 01, 1902
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    FDIC's unique #: 6689
    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: August 02, 1996
    Last Structure Change Process Date: August 23, 1996
    Last Data Update: August 23, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 815 South Main Street, Princeton, IL 61356
    County: Bureau
    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): Ottawa-Streator, IL (#36860)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $170.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $71Total assets
  • $167,622Cash and due from depository institutions
  • $3,339Interest-bearing balances
  • $320Securities
  • $98,547Federal funds sold & reverse repurchase agreements
  • $298Net loans & leases
  • $60,095Loan loss allowance
  • $629Trading account assets
  • $0Bank premises and fixed assets
  • $2,231Other real estate owned
  • $0Goodwill and other intangibles
  • $2,599Life insurance assets
  • $513All other assets
  • $0Total liabilities and capital
  • $167,622Total liabilities
  • $154,805Total deposits
  • $118,489Interest-bearing deposits
  • $108,495Deposits held in domestic offices
  • 118489.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $27,905Trading liabilities
  • $0Other borrowed funds
  • $6,000Subordinated debt
  • $0All other liabilities
  • $2,411Total equity capital
  • $2,411Total bank equity capital
  • $12,817Perpetual preferred stock
  • $0Common stock
  • $1,100Surplus
  • $8,260Undivided profits
  • Memoranda
  • $3,457Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $685Income earned, not collected on loans
  • $1,272Earning assets
  • $159,260Long-term assets (5+ years)
  • $55,059Average Assets, year-to-date
  • $152,939Average Assets, quarterly
  • $161,221Volatile liabilities
  • $39,564Insider loans
  • $1,440FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $7,104Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,437Total risk weighted assets
  • $72,152Total unused commitments
  • $0Restructured Loans and leases
  • $5,000Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $10,777Total interest expense
  • $5,976Net interest income
  • $4,801Provision for loan and lease losses
  • $168Total noninterest income
  • $972Fiduciary activities
  • $38Service charges on deposit accounts
  • $456Trading account gains & fees
  • $0Additional noninterest income
  • $478Total noninterest expense
  • $4,980Salaries and employee benefits
  • $2,464Premises and equipment expense
  • $576Additional noninterest expense
  • $1,940Pre-tax net operating income
  • $625Securities gains (losses)
  • $203Applicable income taxes
  • -$30Income before extraordinary items
  • $858Extraordinary gains - net
  • $0Net income attributable to bank
  • $858Net charge-offs
  • $98Cash dividends
  • $467Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.54%Cost of funding earning assets
  • 4.18%Net interest margin
  • 3.36%Noninterest income to earning assets
  • 0.68%Noninterest expense to earning assets
  • 3.49%Net operating income to assets
  • 0.43%Return on assets (ROA)
  • 0.56%Pretax return on assets
  • 0.54%Return on equity (ROE)
  • 7.39%Retained earnings to average equity (YTD only)
  • 3.37%Net charge-offs to loans
  • 0.17%Credit loss provision to net charge-offs
  • 171.43%Efficiency ratio
  • 85,519Assets per employee
  • 2.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.43%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 91.82%Noncurrent assets plus other real estate owned to assets
  • 0.41%Noncurrent loans to loans
  • 1.13%Net loans and leases to deposits
  • 50.72%Net loans and leases to core deposits
  • 56.25%Equity capital to assets
  • 7.65%Core capital (leverage) ratio
  • 7.36%Tier 1 risk-based capital ratio
  • 15.85%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $152,939Average earning assets
  • $11,616Average equity
  • $142,891Average loans

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