Amcore Bank, Aledo in Aledo, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1999

Amcore Bank, Aledo in Aledo, Illinois (IL)
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Amcore Bank, Aledo - Overview

General
FDIC Certificate #: 15082
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Amcore Bank, National Association (#3735)
Federal Reserve ID: 582636
Date Established: April 10, 1935
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
OTS Docket #: 13459
FDIC's unique #: 9460
Numeric code: 13
Regulator: FED
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: April 10, 1935
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: 201 West Main Street, Aledo, IL 61231
County: Mercer
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): Davenport-Moline-Rock Island, IA-IL (#19340)
CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
Financial Summary
Total assets: $145.4 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
31Total employees (full-time equivalent)
$139,511Total assets
$3,663Cash and due from depository institutions
$524Interest-bearing balances
$64,868Securities
$5,500Federal funds sold & reverse repurchase agreements
$62,491Net loans & leases
$510Loan loss allowance
$0Trading account assets
$731Bank premises and fixed assets
$15Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,243All other assets
$139,511Total liabilities and capital
$129,410Total liabilities
$111,917Total deposits
$102,622Interest-bearing deposits
$111,917Deposits held in domestic offices
0.00%% insured (estimated)
$6,165Federal funds purchased & repurchase agreements
$0Trading liabilities
$10,000Other borrowed funds
$0Subordinated debt
$1,328All other liabilities
$10,101Total equity capital
$10,101Total bank equity capital
$10,101Perpetual preferred stock
$0Common stock
$1,200Surplus
$4,800Undivided profits
Memoranda
$4,101Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$146Earning assets
$0Long-term assets (5+ years)
$1,275Average Assets, year-to-date
$133,383Average Assets, quarterly
$70,721Volatile liabilities
$148,241Insider loans
$143,836FHLB advances
$39,353Loans and leases held for sale
$5,709Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$22,043Total unused commitments
$0Restructured Loans and leases
$74,908Derivatives

Income and Expense (December 31, 1998)

Dollar figures in thousands
$10,793Total interest income
$6,763Total interest expense
$4,030Net interest income
$127Provision for loan and lease losses
$418Total noninterest income
$0Fiduciary activities
$159Service charges on deposit accounts
$0Trading account gains & fees
$259Additional noninterest income
$2,444Total noninterest expense
$1,115Salaries and employee benefits
$174Premises and equipment expense
$1,155Additional noninterest expense
$1,877Pre-tax net operating income
$420Securities gains (losses)
$590Applicable income taxes
$1,707Income before extraordinary items
$0Extraordinary gains - net
$1,707Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$142Sale, conversion, retirement of capital stock, net
$2,087Net operating income

Performance and Condition Ratios (December 31, 1998)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.52%Yield on earning assets
4.71%Cost of funding earning assets
2.81%Net interest margin
0.29%Noninterest income to earning assets
1.70%Noninterest expense to earning assets
0.94%Net operating income to assets
1.15%Return on assets (ROA)
1.55%Pretax return on assets
15.77%Return on equity (ROE)
-3.51%Retained earnings to average equity (YTD only)
0.24%Net charge-offs to loans
80.89%Credit loss provision to net charge-offs
14.11%Efficiency ratio
54,946Assets per employee
4.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
122.26%Loss allowance to loans
0.81%Loss allowance to noncurrent loans
349.32%Noncurrent assets plus other real estate owned to assets
0.12%Noncurrent loans to loans
0.23%Net loans and leases to deposits
55.84%Net loans and leases to core deposits
79.37%Equity capital to assets
7.24%Core capital (leverage) ratio
6.75%Tier 1 risk-based capital ratio
13.00%Total risk-based capital ratio
Memoranda
$14Average assets
$148,241Average earning assets
$10,826Average equity
$143,479Average loans

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