FDIC Certificate #: 57759 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:International Bank of Chicago (#33708) Federal Reserve ID: 3373947 Date Established: August 15, 2005 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 424175 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: August 15, 2005 Last Structure Change Effective Date: October 28, 2011 Last Structure Change Process Date: October 31, 2011 Last Data Update: October 31, 2011 Data Source Date: April 05, 2012
Location
Address: 9380 West Ballard Road, Des Plaines, IL 60016 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: $34.8 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2010)
Dollar figures in thousands
9Total employees (full-time equivalent)
$41,598Total assets
$6,178Cash and due from depository institutions
$500Interest-bearing balances
$3,029Securities
$5,394Federal funds sold & reverse repurchase agreements
$26,247Net loans & leases
$2,502Loan loss allowance
$0Trading account assets
$42Bank premises and fixed assets
$338Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$370All other assets
$41,598Total liabilities and capital
$39,774Total liabilities
$39,367Total deposits
$30,114Interest-bearing deposits
$39,367Deposits held in domestic offices
87.74%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$407All other liabilities
$1,824Total equity capital
$1,824Total bank equity capital
$1,824Perpetual preferred stock
$0Common stock
$990Surplus
$8,910Undivided profits
Memoranda
$-8,076Noncurrent loans and leases
$978Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$6,738Earning assets
$0Long-term assets (5+ years)
$119Average Assets, year-to-date
$35,170Average Assets, quarterly
$165Volatile liabilities
$37,774Insider loans
$37,785FHLB advances
$6,327Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$978Total unused commitments
$0Restructured Loans and leases
$399Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$1,503Total interest income
$529Total interest expense
$974Net interest income
-$127Provision for loan and lease losses
$259Total noninterest income
$0Fiduciary activities
$235Service charges on deposit accounts
$0Trading account gains & fees
$24Additional noninterest income
$1,760Total noninterest expense
$644Salaries and employee benefits
$261Premises and equipment expense
$855Additional noninterest expense
-$400Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$400Income before extraordinary items
$0Extraordinary gains - net
-$400Net income attributable to bank
$0Net charge-offs
-$400Cash dividends
$1,270Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.42%Yield on earning assets
1.56%Cost of funding earning assets
2.87%Net interest margin
0.76%Noninterest income to earning assets
5.18%Noninterest expense to earning assets
-1.06%Net operating income to assets
-1.06%Return on assets (ROA)
-1.06%Pretax return on assets
-21.93%Return on equity (ROE)
-21.93%Retained earnings to average equity (YTD only)
4.43%Net charge-offs to loans
-10.00%Credit loss provision to net charge-offs
-0.41%Efficiency ratio
142,741Assets per employee
4.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
8.70%Loss allowance to noncurrent loans
37.13%Noncurrent assets plus other real estate owned to assets
17.01%Noncurrent loans to loans
23.44%Net loans and leases to deposits
66.67%Net loans and leases to core deposits
79.44%Equity capital to assets
4.38%Core capital (leverage) ratio
5.15%Tier 1 risk-based capital ratio
6.16%Total risk-based capital ratio
Memoranda
$8Average assets
$37,774Average earning assets
$1,824Average equity
$33,975Average loans
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