Advance Bank, s.b. in Lansing, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 13, 1999

  • Advance Bank, s.b. in Lansing, Illinois (IL)
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Advance Bank, s.b. - Overview

  • General
  • FDIC Certificate #: 33104
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Advance Bank (#11687)
    Federal Reserve ID: 2079493
    Date Established: May 29, 1990
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 12 (Interstate: No)
    OTS Docket #: 8877
    FDIC's unique #: 46338
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 29, 1990
    Last Structure Change Effective Date: September 13, 1999
    Last Structure Change Process Date: September 24, 1999
    Last Data Update: September 24, 1999
    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: $281.0 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
  • 105Total employees (full-time equivalent)
  • $295,035Total assets
  • $6,587Cash and due from depository institutions
  • $30Interest-bearing balances
  • $133,268Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $145,352Net loans & leases
  • $2,486Loan loss allowance
  • $0Trading account assets
  • $6,080Bank premises and fixed assets
  • $0Other real estate owned
  • $931Goodwill and other intangibles
  • $0Life insurance assets
  • $2,817All other assets
  • $295,035Total liabilities and capital
  • $260,699Total liabilities
  • $242,771Total deposits
  • $226,073Interest-bearing deposits
  • $242,771Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $4,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $11,100Other borrowed funds
  • $0Subordinated debt
  • $2,828All other liabilities
  • $34,336Total equity capital
  • $34,336Total bank equity capital
  • $34,336Perpetual preferred stock
  • $0Common stock
  • $6,000Surplus
  • $19,900Undivided profits
  • Memoranda
  • $8,436Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,831Earning assets
  • $0Long-term assets (5+ years)
  • $710Average Assets, year-to-date
  • $278,650Average Assets, quarterly
  • $181,261Volatile liabilities
  • $290,912Insider loans
  • $289,475FHLB advances
  • $17,441Loans and leases held for sale
  • $313Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $11,966Total unused commitments
  • $0Restructured Loans and leases
  • $133,436Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $20,104Total interest income
  • $10,180Total interest expense
  • $9,924Net interest income
  • $1,575Provision for loan and lease losses
  • $1,456Total noninterest income
  • $0Fiduciary activities
  • $984Service charges on deposit accounts
  • $0Trading account gains & fees
  • $472Additional noninterest income
  • $9,835Total noninterest expense
  • $3,293Salaries and employee benefits
  • $1,951Premises and equipment expense
  • $4,591Additional noninterest expense
  • -$30Pre-tax net operating income
  • $0Securities gains (losses)
  • -$375Applicable income taxes
  • $345Income before extraordinary items
  • $0Extraordinary gains - net
  • $345Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,241Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.33%Yield on earning assets
  • 3.71%Cost of funding earning assets
  • 3.62%Net interest margin
  • 0.53%Noninterest income to earning assets
  • 3.59%Noninterest expense to earning assets
  • 0.12%Net operating income to assets
  • 0.12%Return on assets (ROA)
  • -0.01%Pretax return on assets
  • 1.02%Return on equity (ROE)
  • 1.02%Retained earnings to average equity (YTD only)
  • 0.87%Net charge-offs to loans
  • 126.91%Credit loss provision to net charge-offs
  • 1.24%Efficiency ratio
  • 77,856Assets per employee
  • 2.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.68%Loss allowance to noncurrent loans
  • 135.77%Noncurrent assets plus other real estate owned to assets
  • 0.62%Noncurrent loans to loans
  • 1.24%Net loans and leases to deposits
  • 59.87%Net loans and leases to core deposits
  • 63.08%Equity capital to assets
  • 11.64%Core capital (leverage) ratio
  • 11.19%Tier 1 risk-based capital ratio
  • 23.63%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $290,912Average earning assets
  • $33,777Average equity
  • $274,125Average loans

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