FDIC Certificate #: 33467 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:State Financial Bank, National Association (#3753) Federal Reserve ID: 1887486 Date Established: July 18, 1991 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 47173 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: July 18, 1991 Last Structure Change Effective Date: December 06, 2003 Last Structure Change Process Date: January 14, 2004 Last Data Update: January 14, 2004 Data Source Date: April 05, 2012
Location
Address: 34354 North Highway 45, Third Lake, IL 60046 County: Lake 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: Lake County-Kenosha County, IL-WI (#29404)
Financial Summary
Total assets: $93.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
26Total employees (full-time equivalent)
$79,100Total assets
$2,850Cash and due from depository institutions
$77Interest-bearing balances
$5,266Securities
$3,850Federal funds sold & reverse repurchase agreements
$62,548Net loans & leases
$511Loan loss allowance
$0Trading account assets
$1,565Bank premises and fixed assets
$0Other real estate owned
$2,187Goodwill and other intangibles
$0Life insurance assets
$834All other assets
$79,100Total liabilities and capital
$70,678Total liabilities
$64,144Total deposits
$54,532Interest-bearing deposits
$64,144Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$5,500Other borrowed funds
$0Subordinated debt
$1,034All other liabilities
$8,422Total equity capital
$8,422Total bank equity capital
$8,422Perpetual preferred stock
$0Common stock
$300Surplus
$6,974Undivided profits
Memoranda
$1,148Noncurrent loans and leases
$5,988Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$5Earning assets
$0Long-term assets (5+ years)
$317Average Assets, year-to-date
$71,741Average Assets, quarterly
$4,003Volatile liabilities
$77,076Insider loans
$77,925FHLB advances
$7,664Loans and leases held for sale
$203Unused loan commitments
$5,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,988Total unused commitments
$0Restructured Loans and leases
$511Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$5,325Total interest income
$2,241Total interest expense
$3,084Net interest income
$144Provision for loan and lease losses
$301Total noninterest income
$0Fiduciary activities
$276Service charges on deposit accounts
$0Trading account gains & fees
$25Additional noninterest income
$2,412Total noninterest expense
$1,187Salaries and employee benefits
$386Premises and equipment expense
$839Additional noninterest expense
$829Pre-tax net operating income
$11Securities gains (losses)
$285Applicable income taxes
$555Income before extraordinary items
$0Extraordinary gains - net
$555Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$51Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.55%Yield on earning assets
3.18%Cost of funding earning assets
4.37%Net interest margin
0.43%Noninterest income to earning assets
3.42%Noninterest expense to earning assets
0.71%Net operating income to assets
0.72%Return on assets (ROA)
1.09%Pretax return on assets
6.97%Return on equity (ROE)
6.97%Retained earnings to average equity (YTD only)
0.09%Net charge-offs to loans
282.35%Credit loss provision to net charge-offs
19.08%Efficiency ratio
68,922Assets per employee
3.04%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.81%Loss allowance to noncurrent loans
10220.00%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.01%Net loans and leases to deposits
97.51%Net loans and leases to core deposits
110.74%Equity capital to assets
10.65%Core capital (leverage) ratio
8.20%Tier 1 risk-based capital ratio
9.79%Total risk-based capital ratio
Memoranda
$11Average assets
$77,076Average earning assets
$7,964Average equity
$70,561Average loans
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