Avenue Bank of Oak Park in Oak Park, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 16, 1995

  • Avenue Bank of Oak Park in Oak Park, Illinois (IL)
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Avenue Bank of Oak Park - Overview

  • General
  • FDIC Certificate #: 8498
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Firstar Bank Illinois (#14280)
    Federal Reserve ID: 851547
    Date Established: December 18, 1899
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 11944
    FDIC's unique #: 5410
    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: January 01, 1934
    Last Structure Change Effective Date: March 16, 1995
    Last Structure Change Process Date: April 13, 1995
    Last Data Update: April 13, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 104 North Oak Park Avenue, Oak Park, IL 60301
    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: $146.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $56Total assets
  • $146,016Cash and due from depository institutions
  • $5,511Interest-bearing balances
  • $0Securities
  • $53,843Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $84,599Loan loss allowance
  • $1,052Trading account assets
  • $0Bank premises and fixed assets
  • $569Other real estate owned
  • $0Goodwill and other intangibles
  • $1,494Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $146,016Total liabilities
  • $134,833Total deposits
  • $131,089Interest-bearing deposits
  • $108,079Deposits held in domestic offices
  • 131089.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $1,747Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,997Total equity capital
  • $1,997Total bank equity capital
  • $11,183Perpetual preferred stock
  • $0Common stock
  • $1,615Surplus
  • $9,906Undivided profits
  • Memoranda
  • $-338Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,551Income earned, not collected on loans
  • $590Earning assets
  • $138,442Long-term assets (5+ years)
  • $28,480Average Assets, year-to-date
  • $148,249Average Assets, quarterly
  • $148,295Volatile liabilities
  • $8,650Insider loans
  • $3,697FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $17,499Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,185Total risk weighted assets
  • $90,466Total unused commitments
  • $0Restructured Loans and leases
  • $2,415Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,963Total interest expense
  • $3,411Net interest income
  • $6,552Provision for loan and lease losses
  • $243Total noninterest income
  • $1,224Fiduciary activities
  • $0Service charges on deposit accounts
  • $765Trading account gains & fees
  • $0Additional noninterest income
  • $459Total noninterest expense
  • $4,983Salaries and employee benefits
  • $2,302Premises and equipment expense
  • $1,043Additional noninterest expense
  • $1,638Pre-tax net operating income
  • $2,550Securities gains (losses)
  • -$1,016Applicable income taxes
  • $124Income before extraordinary items
  • $1,410Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,410Net charge-offs
  • $442Cash dividends
  • $2,049Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.11%Cost of funding earning assets
  • 2.43%Net interest margin
  • 4.67%Noninterest income to earning assets
  • 0.87%Noninterest expense to earning assets
  • 3.56%Net operating income to assets
  • 1.58%Return on assets (ROA)
  • 0.95%Pretax return on assets
  • 1.03%Return on equity (ROE)
  • 12.27%Retained earnings to average equity (YTD only)
  • -5.56%Net charge-offs to loans
  • 0.51%Credit loss provision to net charge-offs
  • 54.98%Efficiency ratio
  • 64,082Assets per employee
  • 2.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 145.32%Loss allowance to loans
  • 1.23%Loss allowance to noncurrent loans
  • 67.83%Noncurrent assets plus other real estate owned to assets
  • 1.06%Noncurrent loans to loans
  • 1.81%Net loans and leases to deposits
  • 64.54%Net loans and leases to core deposits
  • 68.12%Equity capital to assets
  • 7.66%Core capital (leverage) ratio
  • 7.51%Tier 1 risk-based capital ratio
  • 12.36%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $148,249Average earning assets
  • $11,496Average equity
  • $140,164Average loans

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