Associated Bank Illinois, National Association in Rockford, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 21, 2003

  • Associated Bank Illinois, National Association in Rockford, Illinois (IL)
  • Show street view No street view available for this location

Associated Bank Illinois, National Association - Overview

  • General
  • FDIC Certificate #: 34916
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Associated Bank, National Association (#5296)
    Federal Reserve ID: 2718738
    Date Established: November 12, 1998
    WWW: http://www.associatedbank.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 41 (Interstate: No)
    FDIC's unique #: 61979
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: November 12, 1998
    Last Structure Change Effective Date: November 21, 2003
    Last Structure Change Process Date: January 14, 2004
    Last Data Update: January 14, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 612 Main Street, Rockford, IL 61103
    County: Winnebago
    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
    Metropolitan Statistical Area (MSA): Rockford, IL (#6880)
    Combined Statistical Area (CSA): Rockford-Freeport-Rochelle, IL (#466)
    Core Based Statistical Area (CBSA): Rockford, IL (#40420)
    CBSA Metro Statistical Area: Rockford, IL (#40420)
  • Financial Summary
  • Total assets: $2,667.2 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
  • 671Total employees (full-time equivalent)
  • $2,630,969Total assets
  • $38,707Cash and due from depository institutions
  • $11Interest-bearing balances
  • $669,215Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,722,831Net loans & leases
  • $13,418Loan loss allowance
  • $0Trading account assets
  • $20,010Bank premises and fixed assets
  • $387Other real estate owned
  • $32,607Goodwill and other intangibles
  • $0Life insurance assets
  • $147,212All other assets
  • $2,630,969Total liabilities and capital
  • $2,454,647Total liabilities
  • $1,584,279Total deposits
  • $1,333,950Interest-bearing deposits
  • $1,584,279Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $691,663Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $134,480Other borrowed funds
  • $0Subordinated debt
  • $44,225All other liabilities
  • $176,322Total equity capital
  • $176,322Total bank equity capital
  • $176,322Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $136,352Undivided profits
  • Memoranda
  • $39,770Noncurrent loans and leases
  • $323,649Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $28,782Earning assets
  • $18,570Long-term assets (5+ years)
  • $15,693Average Assets, year-to-date
  • $2,392,057Average Assets, quarterly
  • $564,653Volatile liabilities
  • $2,554,902Insider loans
  • $2,647,422FHLB advances
  • $910,082Loans and leases held for sale
  • $440Unused loan commitments
  • $100,307Tier 1 (core) risk-based capital
  • $1,095,414Tier 2 risk-based capital
  • $193,924Total risk weighted assets
  • $323,649Total unused commitments
  • $85Restructured Loans and leases
  • $13,514Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $140,369Total interest income
  • $57,286Total interest expense
  • $83,083Net interest income
  • $5,250Provision for loan and lease losses
  • $35,484Total noninterest income
  • $0Fiduciary activities
  • $7,294Service charges on deposit accounts
  • $0Trading account gains & fees
  • $28,190Additional noninterest income
  • $67,791Total noninterest expense
  • $26,732Salaries and employee benefits
  • $5,244Premises and equipment expense
  • $35,815Additional noninterest expense
  • $45,526Pre-tax net operating income
  • -$300Securities gains (losses)
  • $9,813Applicable income taxes
  • $35,413Income before extraordinary items
  • $0Extraordinary gains - net
  • $35,413Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $5,122Sale, conversion, retirement of capital stock, net
  • $31,000Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.05%Yield on earning assets
  • 2.47%Cost of funding earning assets
  • 3.58%Net interest margin
  • 1.53%Noninterest income to earning assets
  • 2.92%Noninterest expense to earning assets
  • 1.40%Net operating income to assets
  • 1.39%Return on assets (ROA)
  • 1.77%Pretax return on assets
  • 20.89%Return on equity (ROE)
  • 2.60%Retained earnings to average equity (YTD only)
  • 0.31%Net charge-offs to loans
  • 102.50%Credit loss provision to net charge-offs
  • 9.91%Efficiency ratio
  • 56,840Assets per employee
  • 3.92%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 87.54%Loss allowance to loans
  • 0.77%Loss allowance to noncurrent loans
  • 46.62%Noncurrent assets plus other real estate owned to assets
  • 1.11%Noncurrent loans to loans
  • 1.66%Net loans and leases to deposits
  • 108.75%Net loans and leases to core deposits
  • 116.79%Equity capital to assets
  • 6.70%Core capital (leverage) ratio
  • 5.99%Tier 1 risk-based capital ratio
  • 10.13%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $2,554,902Average earning assets
  • $169,552Average equity
  • $2,322,057Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Associated Bank Illinois, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents