FDIC Certificate #: 11687 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Charter One Bank, National Association (#28932) Federal Reserve ID: 2079493 Date Established: August 02, 1902 WWW:http://www.advance-bank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 15 (Interstate: No) OTS Docket #: 9317 FDIC's unique #: 7472 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes Oakar Institutions: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: July 11, 2003 Last Structure Change Process Date: August 05, 2003 Last Data Update: August 05, 2003 Data Source Date: April 05, 2012
Location
Address: 2320 Thorton Road, Lansing, IL 60438 County: Cook Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Chicago Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Chicago, IL (#1600) Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14) Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176) Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980) CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980) Core Based Statistical Division: Chicago-Joliet-Naperville, IL (#16974)
Financial Summary
Total assets: $669.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 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, 2002)
Dollar figures in thousands
235Total employees (full-time equivalent)
$632,181Total assets
$8,880Cash and due from depository institutions
$24Interest-bearing balances
$151,953Securities
$0Federal funds sold & reverse repurchase agreements
$451,024Net loans & leases
$4,992Loan loss allowance
$0Trading account assets
$9,393Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$10,931All other assets
$632,181Total liabilities and capital
$577,920Total liabilities
$491,004Total deposits
$447,261Interest-bearing deposits
$491,004Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$81,354Other borrowed funds
$0Subordinated debt
$5,562All other liabilities
$54,261Total equity capital
$54,261Total bank equity capital
$54,261Perpetual preferred stock
$0Common stock
$4,969Surplus
$30,500Undivided profits
Memoranda
$18,792Noncurrent loans and leases
$59,854Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4,130Earning assets
$0Long-term assets (5+ years)
$2,258Average Assets, year-to-date
$603,001Average Assets, quarterly
$275,453Volatile liabilities
$627,287Insider loans
$639,012FHLB advances
$78,140Loans and leases held for sale
$600Unused loan commitments
$81,354Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$59,854Total unused commitments
$0Restructured Loans and leases
$4,992Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$39,912Total interest income
$14,399Total interest expense
$25,513Net interest income
$1,650Provision for loan and lease losses
$4,708Total noninterest income
$0Fiduciary activities
$2,514Service charges on deposit accounts
$0Trading account gains & fees
$2,194Additional noninterest income
$20,904Total noninterest expense
$12,679Salaries and employee benefits
$3,123Premises and equipment expense
$5,102Additional noninterest expense
$7,667Pre-tax net operating income
$331Securities gains (losses)
$1,811Applicable income taxes
$6,187Income before extraordinary items
$0Extraordinary gains - net
$6,187Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$36Sale, conversion, retirement of capital stock, net
$2,075Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.70%Yield on earning assets
2.42%Cost of funding earning assets
4.28%Net interest margin
0.79%Noninterest income to earning assets
3.51%Noninterest expense to earning assets
0.95%Net operating income to assets
0.99%Return on assets (ROA)
1.28%Pretax return on assets
11.95%Return on equity (ROE)
7.94%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
4583.33%Credit loss provision to net charge-offs
258.81%Efficiency ratio
69,170Assets per employee
2.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
33.54%Loss allowance to loans
1.09%Loss allowance to noncurrent loans
120.87%Noncurrent assets plus other real estate owned to assets
0.65%Noncurrent loans to loans
0.91%Net loans and leases to deposits
91.86%Net loans and leases to core deposits
106.66%Equity capital to assets
8.58%Core capital (leverage) ratio
8.13%Tier 1 risk-based capital ratio
12.08%Total risk-based capital ratio
Memoranda
$13Average assets
$627,287Average earning assets
$51,783Average equity
$596,088Average loans
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